Nt1310 Unit 2 Assignment

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Student instructions

Download and save this workbook to your device using First Name_Surname_ Assessment 2 naming conventions. Read through all seven deliverable task items. Input your answers in the allocated answer box, where possible. If you cannot input your task into a Word document, please attach it as a separate file when submitting to Canvas. Do not delete action task items in the template. All tasks are compulsory. Save your answers, ensuring you are using file naming conventions and upload your file/s through Canvas submission.

Task List

Read through our compulsory set of tasks below. It is important to complete your tasks as per the order below.

Task 1: Project plan 1 point Task 2: Academic articles 6 points Task 3: Summarise …show more content…
As countries have started to implement economic measures in the food industry, the effect of these subsidies and taxes is not well researched. Therefore, the team along with their funding from the New Zealand health ministry measured the impact of these measures and the impact it has had on the market for these goods. Ultimately, they found that a 20% subsidy on fruit and vegetables was able to reduce the net prices of these goods by around 3.4%. This journal presents how a fruit and vegetable subsidy could help reduce the cost of goods for consumers which would benefit both the government (in reducing the rate of inflation) and also the business as consumers would be more inclined to purchase their goods due to it taking a lesser portion of their income. Blakely T, Nghiem N, Genc M, Mizdrak A, Cobiac L, Mhurchu CN, Swinburn B, Scarborough P and Cleghorn C (2020) ‘Modelling the health impact of food taxes and subsidies with price elasticities: The case for additional scaling of food consumption using the total food expenditure elasticity’, PLOS ONE, 15(3):e0230506, …show more content…
Ultimately, by measuring the price elasticity, they concluded that further studies are required to make a better, more informed opinion. This paper is important for the liturgical review as it provides a counter point to the previous journals that can assist in Healthy Burgers making a more nuanced and well backed opinion. Marklund M, Lee Y, Liu J, Sy S, Abrahams-Gessel S, Wilde P, Mozaffarian D, Gaziano T and Micha R (2020) ‘Health Impact and Cost-Effectiveness of Financing Fruit and Vegetable Subsidies with a Sugar-Sweetened Beverage Tax in the US: A Micro-Simulation Study’, Current Developments in Nutrition, 4(Supplement_2):1721–1721, doi:https://doi.org/10.1093/cd Due to market regulations on food being viewed as being inefficient or only applicable to those of lower socio-economic nature, this paper was created to examine the true costs/ impacts of these subsidies/ taxes. Ultimately, these researchers found that if implemented, these market restrictions could prevent “1.11M CVD events, 0.14M CVD deaths, and 0.34M diabetes cases” and ultimately save “$56B in formal healthcare costs” and earn the government “1.49B net revenue”. Through this study, Healthy Burgers can provide
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