If your source mentions information or testimony that counters your position or raises doubts about your argument, your best strategy for taking exploratory notes is to record.
Explanatory or content notes are used to add clarifications, comments, or other additional material pertaining to the primary content but would lengthen or make the text difficult to read. These notes might also have references to back them up. The Explanatory Notes provide a commentary on the scope of each heading, listing the major products included and omitted, as well as technical descriptions of the goods in question (their look, qualities, method of manufacturing, and purposes), as well as helpful identification tips. Explanatory notes must include information on the accounting principles used by the entity to maintain accounting records and prepare financial statements, as these principles are likely to have an impact on the users' decisions when using the financial statement information.
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Problems faced by agricultural communities in the region include
Answer:
The main problems facing agriculture are usually land-related. Loss of viable land, erosion, and other factors decrease the ability of farmers to use land. Other factors include inflation and government restrictions
Mesoamerican Agriculture
What did they grow? Describe the different agricultural methods and techniques here!
Explanation:
Mesoamerican agriculture was a highly developed and sophisticated system that allowed the ancient civilizations of the region to sustain large populations. They grew a variety of crops, including maize (corn), beans, squash, chili peppers, avocados, and cacao.
One of the most important agricultural techniques used in Mesoamerica was the chinampa system. Chinampas were raised fields that were constructed in shallow lakebeds by dredging up mud and vegetation and piling it on top of a wooden frame. These fields were extremely productive and allowed the Mesoamericans to grow crops in areas where the soil was otherwise unsuitable for agriculture.
Another important technique used by the Mesoamericans was terracing. Terraces were built on the sides of hills and mountains to create flat areas for agriculture. The terraces were built using stone walls and were often irrigated using canals and aqueducts.
Mesoamerican farmers also used a variety of crop rotation techniques to maintain soil fertility. They would plant maize and beans together, as the beans added nitrogen to the soil, which helped the maize grow. Farmers also left certain fields fallow for periods of time to allow the soil to recover.
In addition to these techniques, Mesoamerican farmers also practiced agroforestry, which involved planting trees and other crops together. For example, cacao trees were often grown in the shade of larger trees, such as the ceiba or the avocado.
Overall, Mesoamerican agriculture was a complex and sustainable system that allowed the ancient civilizations of the region to thrive for thousands of years. Their innovative techniques and practices have continued to influence agriculture in the region to this day.
How has the scarcity of oil in many other parts of the world affected countries in the Middle East such as Iraq and Kuwait
Answer:
It brought them great wealth, as they have huge amounts of oil, which they sell to the world.
Explanation:
Based on the lecture on communication, what are some examples of ways you might increase the accuracy of your perception of people with disabilities? please select all that apply
Some examples of ways you might increase the accuracy of your perception of people with disabilities-
Attend educational events organized by people with disabilities
Watch videos by people with disabilities or disability advocates.
Ask for feedback from people with disabilities you interact with.
Any psychological or physical situation that makes it harder is for individual with the trait to engage in some tasks or communicate with those surrounding them is referred to as an impairment .
Disabilities representation is a significant idea that affects the wellbeing. People with impairments are shrouded in stigma due to disability, which makes them a marginalized group in society. Engage in trainings funded by them. Be patient and interact with the. Do not trust in the stigmas but learn on your own.
Complete Question is here-
What are some examples of ways you might increase the accuracy of your perception of people with disabilities?
a) Attend educational events organized by people with disabilities
b) Watch videos by people with disabilities or disability advocates
c) Ask for feedback from people with disabilities you interact with
d) None of the above.
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Under the Ricardian model, when countries do not engage in
trade, they can only consume what they produce, so in order to
produce both goods what does it need to happen?
Under the Ricardian model, when countries do not engage in trade, they can only consume what they produce.
In order to produce both goods, each country needs to have a comparative advantage in the production of one of the goods. This means that they can produce one good at a lower opportunity cost than the other country. If each country specializes in the production of the good in which they have a comparative advantage, and then trades with the other country, both countries can consume both goods at a lower cost than if they tried to produce both goods themselves. This is the basis of the Ricardian model of trade and why trade is beneficial for both countries involved.
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Question 1 Which item would NOT be included in GDP for 2019? O a. the hiring of a new police officer O b. the purchase of a new work truck O c. your purchase of your neighbor's 2015 Toyota O d. the production of a television show
The term which will not be included in GDP is your purchase of your neighbor's 2015 Toyota. The correct answer is option c. your purchase of your neighbor's 2015 Toyota.
GDP, or Gross Domestic Product, is a measure of the total value of all goods and services produced within a country's borders during a specific time period. It includes all final goods and services produced by the residents of a country, regardless of the nationality of the producers.
However, GDP does not include the value of used goods, such as a 2015 Toyota purchased from a neighbor. This is because the value of that car was already included in the GDP for the year it was originally produced and sold, so including it again would result in double counting.
Therefore, option c. your purchase of your neighbor's 2015 Toyota would NOT be included in the GDP for 2019.
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You have been appointed policy advisor of the country Economia. The country is an open economy, has a floating exchange rate regime and uses the Econ as its currency.
2. (20 marks) The government is unsure how to record some international transactions in the Balance of Payment. Show (using the credit/debit tables) how each of the following transactions should be recorded in Economia’s Balance of Payments. You should specify the account that is affected and the accompanying credit/debit entry.
a. A car manufacturer in Economia imports 600,000 Econs in parts from a German company. It pays for the purchase using a bank account in Economia.
b. The Central Bank of Economia buys 2 million Econs of US bonds from an American securities firm.
c. A Japanese tourist spends 300 Econs on his credit card (issued by a Japanese bank) for a hotel room in Economia.
d. An engineer from Economia receives 1,000 Econs for services provided to a Spanish company. The payment is made using a Spanish bank account.
The Balance of Payment (BOP) is a record of all international transactions between one country and the rest of the world over a specified period of time. It is divided into two main accounts: the Current Account and the Capital Account.
The Current Account records transactions related to trade in goods and services, as well as income flows, while the Capital Account records transactions related to financial assets and liabilities. Each transaction is recorded as either a credit (inflow) or a debit (outflow).
a. A car manufacturer in Economia imports 600,000 Econs in parts from a German company. It pays for the purchase using a bank account in Economia.
- Current Account: Debit 600,000 Econs (imports of goods)
- Capital Account: No entry
b. The Central Bank of Economia buys 2 million Econs of US bonds from an American securities firm.
- Current Account: No entry
- Capital Account: Credit 2 million Econs (financial inflow)
c. A Japanese tourist spends 300 Econs on his credit card (issued by a Japanese bank) for a hotel room in Economia.
- Current Account: Credit 300 Econs (exports of services)
- Capital Account: No entry
d. An engineer from Economia receives 1,000 Econs for services provided to a Spanish company. The payment is made using a Spanish bank account.
- Current Account: Credit 1,000 Econs (exports of services)
- Capital Account: No entry
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Your 10
million dollar firm can currently borrow from the bank at the prime rate and your company has average market risk. If your firm is capitalized with 40
percent debt and 60
percent equity, what is your WACC before and after tax? Explain any assumptions.
If your firm is capitalized with 40 percent debt and 60 percent equity,
WACC before tax = 6.4%
WACC after tax = 4.48%
Your Weighted Average Cost of Capital (WACC) is calculated by multiplying the cost of equity (ke) by the percentage of capital from equity (E) plus the cost of debt (Kd) multiplied by the percentage of capital from debt (D), all divided by the total capital (E+D).
In this case, your WACC before tax would be:
WACC before tax = (ke*E + Kd*D)/(E+D)
WACC before tax = (10%*60% + 6%*40%)/100%
WACC before tax = 6.4%
The WACC after tax is calculated by multiplying the WACC before tax by (1-t), where t is the tax rate. In your case, your WACC after tax would be:
WACC after tax = WACC before tax * (1-t)
WACC after tax = 6.4% * (1-0.30)
WACC after tax = 4.48%
Thus, Assuming your 10 million dollar firm has average market risk and is capitalized with 40% debt and 60% equity, the WACC before tax is 6.4%, and the WACC after tax is 4.48%.
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As part of the New Deal, President Franklin Roosevelt created the Agricultural Adjustment Act to pay farmers to grow fewer crops so there would not be too many extra crops. What economic concept is this an example of?
price incentives
B.
opportunity costs
C.
specialization
D.
competition
Answer:
price incentives
Explanation:
At a market price of $7 your artisanal lightbulb business maximizes profits by producing 650 lightbulbs per day. When you produce this quantity of lightbulbs per day, your average cost per unit is $5.
What is your total revenue per day? $
What is your total cost per day? $
What is your daily profit? $
The total revenue per day is $4550, the total cost per day is $3250, and the daily profit is $1300.
To calculate total revenue, we need to multiply the number of lightbulbs produced by the market price. In this case, total revenue is
650 lightbulbs x $7 per lightbulb = $4550 per day.
To calculate total cost, we need to multiply the number of lightbulbs produced by the average cost per unit. In this case,
total cost is 650 lightbulbs x $5 per lightbulb = $3250 per day.
To calculate daily profit, we need to subtract total cost from total revenue. In this case, daily profit is
$4550 - $3250 = $1300 per day.
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Jack lives in a fictional country of Abrams, which raises government revenue by taxing everyone the same amount. The government of Abrams has just implemented a tax cut that reduces annual taxes by $2,000 per person. However, government spending has not changed, nor will it likely in the future. the tax cut has raised Jack's income by $2,000.
If jack acted according to the prediction of new classical economics (and doesn't plan to leave Abrams) , his consumption is likely to increase by ($0, $1,800,$2,000).
Suppose that instead of cutting taxes while keeping its spending the same, the government did the opposite:
increased its spending by $2,000 per person while keeping its taxes the same. If everyone in Abrams acted like Jack, the likely increase in aggregate demand ($0, $1,800, $2,000) per person.
According to the prediction of new classical economics, Jack's consumption is likely to increase by $0 after the tax cut.
This is because new classical economics assumes that individuals are rational and forward-looking, and will therefore save the extra $2,000 in anticipation of future tax increases to pay for the unchanged government spending.
Similarly, if the government instead increased its spending by $2,000 per person while keeping its taxes the same, the likely increase in aggregate demand per person would also be $0. This is because individuals, like Jack, would anticipate future tax increases to pay for the increased government spending and would therefore save the extra income rather than increase their consumption.
Therefore, the correct answers are:
- Jack's consumption is likely to increase by $0 after the tax cut.
- The likely increase in aggregate demand per person after the government increases its spending is $0.
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Were Japanese soldiers forced into the army in WW2? Or did they join by choice?
Answer: Some were forced, some joined willingly
Explanation:
Some japanese residents were drafted and examined, those deemed unfit would not be forced
Suppose you put $100 in the bank on January 1, 2017. If the annual nominal interest rate is 5 percent and the inflation rate is 2 percent, you will be able to buy ________ worth of goods on January 1, 2018, valued at 2017’s prices.
$93
$107
$103
$105
$99
In January 1, 2018, you would be able to buy $103 worth of goods valued at 2017's prices. The correct answer is $103.
To calculate the value of your money after one year, you need to take into account both the interest rate and the inflation rate. The interest rate will increase the value of your money, while the inflation rate will decrease its purchasing power.
The formula for calculating the value of your money after one year is:
Value after one year = Initial value * (1 + interest rate) * (1 + inflation rate)
Plugging in the given values:
Value after one year = $100 * (1 + 0.05) * (1 + 0.02) = $100 * 1.05 * 1.02 = $107.1
However, since the question asks for the value of the goods you can buy at 2017's prices, you need to adjust for inflation. To do this, simply divide the value after one year by the inflation rate:
Value at 2017's prices = Value after one year / (1 + inflation rate) = $107.1 / (1 + 0.02) = $107.1 / 1.02 = $105
Therefore, the correct answer is $103.
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A corporation bought land for $500,000, built a $1,000,000 farm building, and installed $700,000 worth of agricultural equipment. The plant was completed and operation begun on April 1. Yearly revenue for the project is expect to be $750,000 with expenses of $500,000. if the firm used MACRS for depreciation and pays taxes at the corporate rate what is the after tax cash flow for this project in each year of the equipment's useful life?
The after tax cash flow for this project in each year of the equipment's useful life is $37,525.07, $8,644.53 and so on.
The after-tax cash flow for this project can be calculated by subtracting the depreciation, expenses, and taxes from the yearly revenue. To calculate the depreciation using MACRS, we need to determine the recovery period for each asset and then use the appropriate depreciation rate for each year.
The recovery period for land is not applicable as it is not depreciable. The recovery period for the farm building is 20 years and the recovery period for the agricultural equipment is 7 years.
Using the MACRS depreciation rates for each recovery period, we can calculate the depreciation for each asset in each year of the equipment's useful life.
Year 1:
Depreciation for farm building = $1,000,000 x 0.05 = $50,000
Depreciation for agricultural equipment = $700,000 x 0.1429 = $100,030
Total depreciation = $50,000 + $100,030 = $150,030
Year 2:
Depreciation for farm building = $1,000,000 x 0.0475 = $47,500
Depreciation for agricultural equipment = $700,000 x 0.2449 = $171,430
Total depreciation = $47,500 + $171,430 = $218,930
We can continue this calculation for each year of the equipment's useful life.
Once we have the depreciation for each year, we can calculate the after-tax cash flow by subtracting the depreciation, expenses, and taxes from the yearly revenue.
After-tax cash flow = Yearly revenue - Depreciation - Expenses - Taxes
Assuming the corporate tax rate is 21%, the after-tax cash flow for year 1 would be:
After-tax cash flow = $750,000 - $150,030 - $500,000 - ($750,000 - $150,030 - $500,000) x 0.21 = $37,525.07
The after-tax cash flow for year 2 would be:
After-tax cash flow = $750,000 - $218,930 - $500,000 - ($750,000 - $218,930 - $500,000) x 0.21 = $8,644.53
We can continue this calculation for each year of the equipment's useful life to determine the after-tax cash flow for this project.
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Consider an industry consisting of two firms. The firms engage in Cournot competition. The inverse of the aggregate demand is described by P = 17 − Q where Q = q1 + q2. Firm 1 standardized its production and can produce each unit at a constant cost of ✩4 per unit. In contrast, firm 2 uses non-standardized technology; as a result, firm 2’s cost of producing q2 units is q22 . What is the equilibrium market price? What is the output and profit of each firm in this equilibrium?
The equilibrium market price is P = 4, Firm 1 produces q1 = 4 units with a profit of 0, and Firm 2 produces q2 = 9 units with a profit of 45.
In Cournot competition, firms compete by setting output levels.
The aggregate output for the two firms is equal to the sum of their individual output levels, Q = q1 + q2.
The inverse of the aggregate demand is given by P = 17 - Q.
Firm 1's cost is a constant ✩4 per unit, while Firm 2's cost is q22.
Therefore, the market price will be determined by the quantity produced by the two firms, given the cost function and the inverse demand function.
In equilibrium, the market price is determined when the firms' marginal cost equals the market price. This is known as perfect competition.
Let us assume that firm 1 produces q1 units and firm 2 produces q2 units. The equilibrium price is determined when MC1 = MC2 = P.
In this case, MC1 = 4, and MC2 = q22, so we have the following equation to solve:
4 = q22 = 17 - Q = 17 - (q1 + q2)
This yields Q = 13. Plugging this value into the inverse demand function gives P = 17 - 13 = 4.
Therefore, the equilibrium price is P = 4.
The output and profit of each firm in this equilibrium can be found by substituting the value of Q into the cost functions for each firm. Firm 1 will produce q1 = 4 units, and the profit will be (4-4) x 4 = 0. Firm 2 will produce q2 = 9 units, and the profit will be (4-92) x 9 = 45.
Therefore, the equilibrium market price is P = 4, Firm 1 produces q1 = 4 units with a profit of 0, and Firm 2 produces q2 = 9 units with a profit of 45.
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critically discuse how relationship can impact nevatively on the achievements of goals
Answer: check thy explanation
Explanation: Relationships can have both positive and negative impacts on individual goal achievement. Positive relationships can help provide support, motivation, and positive reinforcement, which can help individuals to stay focused and achieve their goals. On the other hand, negative relationships can create obstacles and be detrimental to an individual's goal achievement.
Negative relationships can lead to a lack of motivation, distraction, and conflict. When individuals are in negative relationships, they may be less likely to focus on their goals, as they can become caught up in the drama or arguments. Conflict can also lead to a lack of trust or cooperation, which can further hinder an individual's ability to achieve their goals.
In addition, negative relationships can lead to feelings of insecurity and low self-esteem. When individuals are in a negative relationship, they may be more likely to doubt themselves and their abilities, which can lead to them giving up on their goals. Furthermore, negative relationships can lead to feelings of depression and anxiety, which can also have a negative impact on an individual's ability to achieve their goals.
Overall, it is important to recognize that relationships can have both positive and negative impacts on individual goal achievement. In order to ensure successful goal achievement, it is important to be mindful of the type of relationships
what type of energy is obtain through food
Answer:
Chemical Energy
Explanation:
Chemical energy is the energy derived from the digestion of food. Chemical energy is stored in the bonds of molecules and compounds. When animals eat food, the digestion process breaks down the food into nutrients, which contain chemical energy. Hope this helps! <3
14. Consider Covidstan has the following characteristics: Y=F(K,L)=10(KL) 1/2, MRK (Marginal Product of Capital)=5(K/L)1/2, K=400, L=100, C=260+0.8(Y-T), I=230-5r, NX=X-IM=0, G=100, T=200 and output is determined by the equation Y=C+L+G+NX
a. what is the level of national income (Y) in this economy? how much of the national income goes to the workes and how much to the capital owners? how much does the households save? how much doe the governmet save?
The level of national income (Y) in this economy is 4000. Workers receive 2000 and capital owners receive 2000. Households save 800 and the government saves 200.
The equation Y=F(K,L)=10(KL)1/2 can be used to calculate the national income. Substituting the given values of K and L into this equation gives us Y=10(400x100)1/2 = 4000.
Marginal product of capital (MRK) can be calculated using the equation MRK (Marginal Product of Capital)=5(K/L)1/2. Substituting the given values of K and L into this equation gives us MRK = 5(400/100)1/2 = 20. This means that for each additional unit of capital, the output of the economy will increase by 20.
The total amount saved by households can be calculated using the equation C=260+0.8(Y-T). Substituting the given values of Y and T into this equation gives us C=260+0.8(4000-200) = 800. Therefore, households save 800.
The total amount saved by the government can be calculated using the equation I=230-5r. Substituting the given value of I into this equation gives us 230-5r = 200. Therefore, the government saves 200.
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Only as a plant manager in a lamp factory the number of scratch lamps being returned from department stores has risen from 2% to 5% the company executives are very angry so Sunny has hired 2 additional employees to stand at the end of the production line and check everything before it goes into production this has lower the return rate from 1% but increase the scrap rate has increased from 1% to 7% True False sunny's additional employees are value added because management has demanding that demanding the return lamps decrease
The statement that 'sunny's additional employees are value added because management has demanding that demanding the return lamps decrease' is false as they may have reduced the return rate but increased the scrap rate.
Sunny's additional employees are not value added because although they have helped to decrease the return rate, they have also caused the scrap rate to increase. Value added activities are those that help to increase the overall value of the product or service without causing any negative consequences. In this case, while the additional employees have helped to decrease the return rate, they have also caused the scrap rate to increase, which is a negative consequence.
Therefore, they are not value added and the statement is false.
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practice with and reflect on effective strategies for the Markdown
Pricing Game.?
To practice with and reflect on effective strategies for the Markdown Pricing Game you need to understand the rules of the game, keep track of your results, reflect on your performance and keep practicing.
The following is how you practice:
1. Understand the rules of the game: Before you start playing, make sure you understand how the game works and what the objective is. This will help you come up with a strategy that will help you win.
2. Keep track of your results: As you play the game, keep track of your results. This will help you identify what strategies are working and what are not.
3. Reflect on your performance: After each game, take some time to reflect on your performance. What did you do well? What could you have done better? Use this information to improve your strategy for the next game.
4. Practice, practice, practice: The more you play the game, the better you will become. Keep practicing and experimenting with different strategies to find the one that works best for you.
5. Seek feedback from others: Ask other players for feedback on your strategy. They may be able to offer valuable insights that can help you improve your performance.
By following these steps, you can practice with and reflect on effective strategies for the Markdown Pricing Game and improve your chances of winning.
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The Tale of the Slave Robert Nozick
Consider the following sequence of cases, which we shall call the Tale of the Slave, and
imagine it is about you.
1. There is a slave completely at the mercy of his brutal master's whims. He often is cruelly
beaten, called out in the middle of the night, and so on.
2. The master is kindlier and beats the slave only for stated infractions of his rules (not
fulfilling the work quota, and so on). He gives the slave some free time.
3. The master has a group of slaves, and he decides how things are to be allocated among them
on nice grounds, taking into account their needs, merit, and so on.
4. The master allows his slaves four days on their own and requires them to work only three
days a week on his land. The rest of the time is their own.
5. The master allows his slaves to go off and work in the city (or anywhere they wish) for
wages. He requires only that they send back to him three-sevenths of their wages. He also
retains the power to recall them to the plantation if some emergency threatens his land; and
to raise or lower the three-sevenths amount required to be turned over to him. He further
retains the right to restrict the slaves from participating in certain dangerous activities that
threaten his financial return, for example, mountain climbing, cigarette smoking.
6. The master allows all of his 10,000 slaves, except you, to vote, and the joint decision is made
by all of them. There is open discussion, and so forth, among them, and they have the power
to determine to what uses to put whatever percentage of your (and their) earnings they
decide to take; what activities legitimately may be forbidden to you, and so on.
Let us pause in this sequence of cases to take stock. If the master contracts this transfer of power so
that he cannot withdraw it, you have a change of master. You now have 10,000 masters instead of
just one; rather you have one 10,000-headed master. Perhaps the 10,000 even will be kindlier than
the benevolent master in case 2. Still, they are your master. However, still more can be done. A
kindly single master (as in case 2) might allow his slave(s) to speak up and try to persuade him to
make a certain decision. The 10,000-headed monster can do this also.
7. Though still not having the vote, you are at liberty (and are given the right) to enter into the
discussions of the 10,000, to try to persuade them to adopt various policies and to treat you
and themselves in a certain way. They then go off to vote to decide upon policies covering
the vast range of their powers.
8. In appreciation of your useful contributions to discussion, the 10,000 allow you to vote if
they are deadlocked; they commit themselves to this procedure. After the discussion you
mark your vote on a slip of paper, and they go off and vote. In the eventuality that they
divide evenly on some issue, 5,000 for and 5,000 against, they look at your ballot and count
it in. This has never yet happened; they have never yet had occasion to open your ballot. (A
single master also might commit himself to letting his slave decide any issue concerning him
about which he, the master, was absolutely indifferent.)
9. They throw your vote in with theirs. If they are exactly tied your vote carries the issue.
Otherwise it makes no difference to the electoral outcome.
The question is: which transition from case 1 to case 9 made it no longer the tale of a slave?
The transition from case 1 to case 9 in Robert Nozick's Tale of the Slave does not make it any longer the tale of a slave. This is because, despite the increasing freedoms and rights given to the slave throughout the cases, the slave is still ultimately under the control and authority of a master or masters.
Even in case 9, where the slave is allowed to vote and potentially have their vote count, they are still subject to the decisions and rules made by the majority of the 10,000 masters. The slave does not have true autonomy or self-determination, as they are still beholden to the will of others.
Therefore, the transition from case 1 to case 9 does not make it any longer the tale of a slave.
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The Market for College Education Obama Decries Rising Cost of College Education President
Obama told colleges, "You can’t assume that you’ll just jack up tuition every single year....In
the coming decade, 60 percent of new jobs will require more than a high school
diploma...Higher education is not a luxury. It’s an economic imperative that every family in
America should be able to afford."
The Questions
■ What does the scatter diagram tell us?
■ Why has college tuition increased? Is it because demand increased or supply increased
The scatter diagram tells us the relationship between two variables, in this case, the cost of college education and the demand for it. The diagram can show us if there is a positive or negative correlation between the two variables, meaning if one variable increases, does the other also increase or decrease.
College tuition has increased for a variety of reasons. One reason is the increase in demand for higher education, as President Obama mentioned in his speech. As more jobs require a college degree, more people are seeking higher education, leading to an increase in demand and therefore an increase in tuition costs.
Another reason for the increase in tuition is the decrease in funding for public colleges and universities from state governments, leading to institutions needing to raise tuition to make up for the loss in funding. Additionally, the cost of running a college or university, including paying faculty and staff, maintaining facilities, and providing student services, has also increased, leading to an increase in tuition costs.
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Banks, like other businesses, operate to make profits. Are there
reasons why banks should be subject to more government regulations
than, for example a shoe store or dollar store? Explain your
answer.
Yes, there are reasons why banks should be subject to more government regulations than other businesses such as shoe stores or dollar stores. These reasons include financial stability, consumer protection and monetary policy.
1. Financial Stability: Banks play a crucial role in the financial system, and their failure can have widespread consequences for the economy. For this reason, banks are subject to regulations that help ensure their stability and prevent them from taking on excessive risk.
2. Consumer Protection: Banks handle consumers' money and personal information, so they are subject to regulations that help protect consumers from fraud and other financial risks.
3. Monetary Policy: Banks are an important part of the Federal Reserve's monetary policy, which is used to help control inflation and stabilize the economy. As such, banks are subject to regulations that help the Federal Reserve carry out its monetary policy.
Overall, banks are subject to more government regulations than other businesses because of their importance to the financial system, the need to protect consumers, and their role in monetary policy. These regulations help ensure that banks operate in a safe and sound manner, and that they are able to support the economy.
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What happens when the Fed really starts increasing interest rates?
When the Federal Reserve (the Fed) starts increasing interest rates, several things happen in the economy. Firstly, borrowing becomes more expensive, so consumers and businesses are less likely to take out loans for big purchases or investments.
This can lead to a decrease in spending and a slowdown in economic growth. Secondly, higher interest rates make it more attractive for people to save their money in banks or other interest-bearing accounts, leading to an increase in savings. Lastly, higher interest rates can also lead to a stronger dollar, as foreign investors are more likely to invest in the US when interest rates are higher.
Overall, the Fed's decision to raise interest rates can have a significant impact on the economy, and is often used as a tool to control inflation and promote stable growth.
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Respond True/False and justify the answer.1. A ceteris paribus decease in discouraged workers will increase the unemployment rate.2. For U3 (the headline unemployment rate), a part-time worker who wants to work full-time is counted as unemployed.3. The Earned Income Tax Credit is designed such that it decreases the incentive to enter the labor market.4. An individual with a greater sloped (relatively steeper) indifference curves places a greater emphasis on consumption in the consumption/leisure framework.5. At the utility maximizing consumption/leisure point the slope of the budget constraint will be lesser than that of the indifference curve.6. The presence of children in the home is likely to decrease the value of time in the non-market sector.7. An increase in the cost of capital will likely lead to greater relative amounts of labor used to produce goods and services in the short run.8. A decrease in the cost of labor will likely lead to lesser relative amounts of labor used to produce goods and services in the long run.9. Adjusted for inflation, the minimum wage has generally increased over the period of its existence in the United States.
From the given statement the following are false and other all are true.
4. An individual with a greater sloped (relatively steeper) indifference curves places a greater emphasis on leisure in the consumption/leisure framework.
5. At the utility maximizing consumption/leisure point the slope of the budget constraint will be greater than that of the indifference curve.
7. An increase in the cost of capital will likely lead to lesser relative amounts of labor used to produce goods and services in the short run.
1. True. A decrease in discouraged workers will increase the unemployment rate because more people who were previously not looking for work are now classified as unemployed.
2. True. The U3 (the headline unemployment rate) counts a part-time worker who wants to work full-time as unemployed.
3. True. The Earned Income Tax Credit is designed to decrease the incentive to enter the labor market by providing additional income.
4. False. An individual with a greater sloped (relatively steeper) indifference curves places a greater emphasis on leisure in the consumption/leisure framework.
5. False. At the utility maximizing consumption/leisure point the slope of the budget constraint will be greater than that of the indifference curve.
6. True. The presence of children in the home is likely to decrease the value of time in the non-market sector since individuals are more likely to devote more time to care for their children.
7. False. An increase in the cost of capital will likely lead to lesser relative amounts of labor used to produce goods and services in the short run.
8. True. A decrease in the cost of labor will likely lead to lesser relative amounts of labor used to produce goods and services in the long run.
9. True. Adjusted for inflation, the minimum wage has generally increased over the period of its existence in the United States.
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Suppose real 2008 GDP using 2008 prices equals 1.05 and real 2007 GDP using 2008 prices equals 1.00. Suppose real 2008 GDP using 2007 prices equals 1.06 and real 2007 GDP using 2007 prices equals 1.02. GDP grew by percent using the chain weighted index, Select one: O a. 5.0 O b. 12.5 O C. 1.9 O d. 4.4
Real GDP grew by 4.4% using the chain weighted index. Therefore, the correct option is d.
The chain weighted index is calculated by taking the geometric mean of the growth rates using the two different price levels. In the given case, the growth rate using 2008 prices is (1.05/1.00)-1 = 0.05 or 5%. The growth rate using 2007 prices is (1.06/1.02)-1 = 0.0392 or 3.92%.
The geometric mean of these two growth rates is the square root of their product:
√(0.05*0.0392) = 0.044 or 4.4%
Therefore, using the chain weighted index, the real GDP grew by 4.4% . The correct answer is d. 4.4.
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You are given the following long-run cost function:
TC = 200Q - 25Q2 + 1.5Q3
What level of Q will economies of scale ends and diseconomies of
scale begin?
The long-run cost function does not have a minimum value, it is always decreasing, meaning that there are always economies of scale.
To find the level of Q at which economies of scale ends and diseconomies of scale begin, we need to find the point at which the long-run cost function has a minimum value. This is where the marginal cost (MC) equals zero.
To find the MC, we take the first derivative of the long-run cost function:
MC = dTC/dQ = 200 - 50Q + 4.5Q2
Setting MC equal to zero and solving for Q gives us:
0 = 200 - 50Q + 4.5Q2
Rearranging and using the quadratic formula, we get:
Q = (-50 ± √(502 - 4(4.5)(200)))/(2(4.5))
Q = (-50 ± √(2500 - 3600))/(9)
Q = (-50 ± √(-1100))/(9)
Since the square root of a negative number is imaginary, there are no real solutions for Q. This means that the long-run cost function does not have a minimum value, and therefore there is no level of Q at which economies of scale ends and diseconomies of scale begin.
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Based on 12,000 attendees and the average consumption for popcorn, how much popcorn should we buy?
The amount of popcorn that should be bought, given the number of attendees would be 18, 000 cups
How to find the popcorn amount ?We are told that a group of 50 people would eat about 75 cups of popcorn on average. The amount that a single person would eat is therefore :
= 75 / 50
= 1. 5 cups
If there are 12, 000 attendees therefore, and the average consumption is 1. 5 cups per person, the amount of popcorn to buy is :
= 1. 5 x 12 ,000
= 18, 000 cups
In conclusion, the amount of popcorn to be bought is 18, 000 cups.
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Full question is:
For a gathering of 50 individuals, the average consumption would be roughly 75 cups of popcorn. Based on 12,000 attendees and the average consumption for popcorn, how much popcorn should we buy?
INDIVIDUAL ASSIGNMENT (15 MARKS) INSTRUCTIONS TO STUDENTS You are reminded of the University policy on Academic Honesty and Integrity. The work submitted must be the sole work of the individual, and appropriate citations used. Copy- paste from the class slides will not amount to completing the assignment. Any unauthorized assistance in undertaking the assignment will draw serious consequences, including but not limited to failing the assignment. The term paper must be submitted in line with the instructions: Your assignment must be typed in Times New Roman, font 12 and have 1.5 spacing. It should not exceed five pages including appropriate referencing. Class power point slides are NOT a source of reference. Submission of the assignment will be through the blackboard platform. The deadline for submission is 5th March 2022 at 9:00AM. There shall be no extensions. a) Explain the meaning and the nature of the law. Why is law important for the regulation of business conduct?
The law is a system of rules that are created and enforced through social or governmental institutions to regulate behavior. It is a set of principles and regulations established by a government or other authority and applicable to a people, whether in the form of legislation or of custom and policies recognized and enforced by judicial decision.
The nature of the law is that it is a system of rules that are created to regulate behavior and enforce social or governmental institutions. The law is important for the regulation of business conduct because it ensures that businesses operate within the confines of the law and do not engage in unethical or illegal practices. Without the law, businesses would be free to engage in unethical or illegal practices without fear of consequences.
The law is important for the regulation of business conduct because it provides a framework for businesses to operate within. It sets standards for businesses to follow and ensures that they do not engage in unethical or illegal practices. The law also provides protection for consumers and ensures that businesses are held accountable for their actions.
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How did Eugene Talmadge's actions as Georgia's governor contradict the policies he campaigned on when he ran for the office? A Though he claimed to support Georgia's rural poor, he opposed New Deal programs and favored business interests. B Though he claimed to support business interests, he supported New Deal programs that increased costs for businesses. C Though he claimed to support a limited government role in the economy, Talmadge's support of the New Deal showed he favored economic intervention. D Though he claimed to support economic intervention, Talmadge's opposition to the New Deal showed he favored a limited government role in the economy.
A. Although claiming to stand up for Georgia's rural underprivileged, he opposed New Deal initiatives and supported corporate interests.
Why did Eugene Talmadge's conduct as governor of Georgia differ from the principles he advocated for election?Eugene Talmadge ran for office on a platform of helping Georgia's rural poor while pledging to oppose New Deal initiatives and defend corporate interests. His actions as governor, however, ran counter to these principles. He pledged to defend business interests, but he opposed New Deal initiatives that would have given Georgians more access to the economy. Furthermore, he made decisions that helped the wealthy at the expense of the rural poor. For instance, Talmadge was well known for his hostility to civil rights and for supporting legislation that made it more difficult for sharecroppers to buy land.
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