How does the Ricardian equivalence view of the effect of tax cuts (and budget deficits) differ from the traditional view? What objections to the Ricardian equivalence view have been raised? In your answer, please make sure to clearly define what Ricardian equivalence theorem is.

define culture and what it means, compare and contrast subcultures and counter cultures, compare and contrast values, norms, and beliefs

I know headquarters wants us to add that new product line,” said Dell Havasi, manager of Billings Company’s Office Products Division. “But I want to see the numbers before I make any move. Our division’s return on investment (ROI) has led the company for three years, and I don’t want any letdown.”

Billings Company is a decentralized wholesaler with five autonomous divisions. The divisions are evaluated on the basis of ROI, with year-end bonuses given to the divisional managers who have the highest ROIs. Operating results for the company’s Office Products Division for this year are given below:

The company had an overall return on investment (ROI) of 16.00% this year (considering all divisions). Next year the Office Products Division has an opportunity to add a new product line that would require an additional investment that would increase average operating assets by $2,501,500. The cost and revenue characteristics of the new product line per year would be:

Required:

1. Compute the Office Products Division’s ROI for this year.

2. Compute the Office Products Division’s ROI for the new product line by itself.

3. Compute the Office Products Division’s ROI for next year assuming that it performs the same as this year and adds the new product line.

4. If you were in Dell Havasi’s position, would you accept or reject the new product line?

5. Why do you suppose headquarters is anxious for the Office Products Division to add the new product line?

6. Suppose that the company’s minimum required rate of return on operating assets is 13% and that performance is evaluated using residual income.

a. Compute the Office Products Division’s residual income for this year.

b. Compute the Office Products Division’s residual income for the new product line by itself.

c. Compute the Office Products Division’s residual income for next year assuming that it performs the same as this year and adds the new product line.

d. Using the residual income approach, if you were in Dell Havasi’s position, would you accept or reject the new product line?

9.Consider the exothermic equilibrium

2I(g) ? I₂(g)

What would be the effect on the position of equilibrium of

a.increasing the total pressure on the system by decreasing its volume. (2 points)

b.adding gaseous I₂ to the reaction mixture. (2 points)

c.decreasing the temperature. (2 points)

Please explain answers to get points, thanks!

Dwight Donovan, the president of Benson Enterprises, is considering two investment opportunities. Because of limited resources, he will be able to invest in only one of them. Project A is to purchase a machine that will enable factory automation; the machine is expected to have a useful life of three years and no salvage value. Project B supports a training program that will improve the skills of employees operating the current equipment. Initial cash expenditures for Project A are $119,000 and for Project B are $44,000. The annual expected cash inflows are $47,012 for Project A and $18,319 for Project B. Both investments are expected to provide cash flow benefits for the next three years. Benson Enterprises’ cost of capital is 6 percent. (PV of $1 and PVA of $1) (Use appropriate factor(s) from the tables provided.) Compute the net present value of each project. Which project should be adopted based on the net present value approach? Compute the approximate internal rate of return of each project. Which one should be adopted based on the internal rate of return approach?

Insert the list of elements [11, 14, 16, 4, 7, 2, 23, 28, 19] in this order, into an initially empty AVL tree.     Show the details of the insertion process.       Note:    You must draw a different tree to show the result of each rotation involved. If an insertion requires a double rotation, you must show the result of each rotation separately.

Write a program, using functions, to print the lyrics of the song “Old MacDonald.” Your program should print the lyrics for five different animals, similar to the example verse below: Old MacDonald had a farm, Ee-igh, Ee-igh, Oh! And on that farm he had a cow, Ee-igh, Ee-igh, Oh! With a moo, moo here and a moo, moo there. Here a moo, there a moo, everywhere a moo, moo. Old MacDonald had a farm, Ee-igh, Ee-igh, Oh! Include a function that returns multiple values

in python :)

QUESTION: Suppose you work in the quality assurance department of a chemical processing plant and it is your responsibility to ascertain whether the viscosity of a certain chemical remains within a prescribed limit. To that end you measure fluid samples using a viscometer.

a. The viscosities of a sample of 10 fluids processed during the day shift were measured to have the following results (Pa.s): 71, 45, 54, 75, 50, 49, 63, 55, 48, 50. Determine the range within which the true mean of the fluid samples from the day shift will be with a 95% confidence.

b. You then proceed to the measure the viscosities of a sample of 10 fluids processed during the night shift. You obtain the following measurements (Pa.s): 73, 45, 59, 75, 53, 58, 72, 54, 42, 52. Determine the range within which the true mean of the fluid samples from the night shift will be with a 95% confidence.

c. Can you state with a 95% probability that the viscosity of the fluid being produced during the day shift is different than the night shift? Frame your response in the form of a hypothesis test.

Discuss how erythropoeitin relates to athletic doping, how drugs like epogen might be abused and how one could test for inappropriate use of the drug. Could other cytokines also be abused as drugs?

This program extends the earlier "Online shopping cart" program. (Consider first saving your earlier program).

(1) Extend the ItemToPurchase class per the following specifications:

Private fields

string itemDescription - Initialized in default constructor to "none"

Parameterized constructor to assign item name, item description, item price, and item quantity (default values of 0). (1 pt)

Public member methods

setDescription() mutator & getDescription() accessor (2 pts)

printItemCost() - Outputs the item name followed by the quantity, price, and subtotal

printItemDescription() - Outputs the item name and description

Ex. of printItemCost() output:

Bottled Water 10 @ $1 = $10

Ex. of printItemDescription() output:

Bottled Water: Deer Park, 12 oz.

(2) Create two new files:

ShoppingCart.java - Class definition

ShoppingCartManager.java - Contains main() method

Build the ShoppingCart class with the following specifications. Note: Some can be method stubs (empty methods) initially, to be completed in later steps.

Private fields

String customerName - Initialized in default constructor to "none"

String currentDate - Initialized in default constructor to "January 1, 2016"

ArrayList cartItems

Default constructor

Parameterized constructor which takes the customer name and date as parameters (1 pt)

Public member methods

getCustomerName() accessor (1 pt)

getDate() accessor (1 pt)

addItem()

Adds an item to cartItems array. Has parameter ItemToPurchase. Does not return anything.

removeItem()

Removes item from cartItems array. Has a string (an item's name) parameter. Does not return anything.

If item name cannot be found, output this message: Item not found in cart. Nothing removed.

modifyItem()

Modifies an item's description, price, and/or quantity. Has parameter ItemToPurchase. Does not return anything.

If item can be found (by name) in cart, check if parameter has default values for description, price, and quantity. If not, modify item in cart.

If item cannot be found (by name) in cart, output this message: Item not found in cart. Nothing modified.

getNumItemsInCart() (2 pts)

Returns quantity of all items in cart. Has no parameters.

getCostOfCart() (2 pts)

Determines and returns the total cost of items in cart. Has no parameters.

printTotal()

Outputs total of objects in cart.

If cart is empty, output this message: SHOPPING CART IS EMPTY

printDescriptions()

Outputs each item's description.

Ex. of printTotal() output:

John Doe's Shopping Cart - February 1, 2016
Number of Items: 8

Nike Romaleos 2 @ $189 = $378
Chocolate Chips 5 @ $3 = $15
Powerbeats 2 Headphones 1 @ $128 = $128

Total: $521

Ex. of printDescriptions() output:

John Doe's Shopping Cart - February 1, 2016

Item Descriptions
Nike Romaleos: Volt color, Weightlifting shoes
Chocolate Chips: Semi-sweet
Powerbeats 2 Headphones: Bluetooth headphones

(3) In main(), prompt the user for a customer's name and today's date. Output the name and date. Create an object of type ShoppingCart. (1 pt)

Ex.

Enter Customer's Name:
John Doe
Enter Today's Date:
February 1, 2016

Customer Name: John Doe
Today's Date: February 1, 2016

(4) Implement the printMenu() method. printMenu() has a ShoppingCart parameter, and outputs a menu of options to manipulate the shopping cart. Each option is represented by a single character. Build and output the menu within the method.

If the an invalid character is entered, continue to prompt for a valid choice. Hint: Implement Quit before implementing other options. Call printMenu() in the main() method. Continue to execute the menu until the user enters q to Quit. (3 pts)

Ex:

MENU
a - Add item to cart
d - Remove item from cart
c - Change item quantity
i - Output items' descriptions
o - Output shopping cart
q - Quit

Choose an option: 

(5) Implement Output shopping cart menu option. (3 pts)

Ex:

OUTPUT SHOPPING CART
John Doe's Shopping Cart - February 1, 2016
Number of Items: 8

Nike Romaleos 2 @ $189 = $378
Chocolate Chips 5 @ $3 = $15
Powerbeats 2 Headphones 1 @ $128 = $128

Total: $521

(6) Implement Output item's description menu option. (2 pts)

Ex.

OUTPUT ITEMS' DESCRIPTIONS
John Doe's Shopping Cart - February 1, 2016

Item Descriptions
Nike Romaleos: Volt color, Weightlifting shoes
Chocolate Chips: Semi-sweet
Powerbeats 2 Headphones: Bluetooth headphones

(7) Implement Add item to cart menu option. (3 pts)

Ex:

ADD ITEM TO CART
Enter the item name:
Nike Romaleos
Enter the item description:
Volt color, Weightlifting shoes
Enter the item price:
189
Enter the item quantity:
2

(8) Implement Remove item menu option. (4 pts)

Ex:

REMOVE ITEM FROM CART
Enter name of item to remove:
Chocolate Chips

(9) Implement Change item quantity menu option. Hint: Make new ItemToPurchase object and use ItemToPurchase modifiers before using modifyItem() method. (5 pts)

Ex:

CHANGE ITEM QUANTITY
Enter the item name:
Nike Romaleos
Enter the new quantity:
3

My starting code for ItemToPurchase is :

public class ItemToPurchase
{
private String itemName;
private int itemPrice;
private int itemQuantity;

public ItemToPurchase()
{
this.itemName = "none";
this.itemPrice = 0;
this.itemQuantity = 0;
}

public ItemToPurchase(String itemName, int itemPrice, int itemQuantity)
{
this.itemName = itemName;
this.itemPrice = itemPrice;
this.itemQuantity = itemQuantity;
}

public void setName(String itemName)
{
this.itemName = itemName;
}

public String getName()
{
return itemName;
}

public void setPrice(int itemPrice)
{
this.itemPrice = itemPrice;
}

public int getPrice()
{
return itemPrice;
}

public void setQuantity(int itemQuantity)
{
this.itemQuantity = itemQuantity;
}

public int getQuantity()
{
return itemQuantity;
}

}

20) Because of economic growth, a larger portion of the population can shift from ________ to ________.

A) recycling old products; disposing of old products

B) disposing of old products; recycling old products

C) producing new products; developing new products

D) developing new products; producing new products

21) Because their citizens want a greater variety of goods and services at lower prices, many governments have ________.

A) reduced their restrictions on the international movement of goods and services

B) acted to reduce the pressures created by global competition

C) sought to eliminate reciprocal advantages negotiated through international organizations and treaties

D) increased their participation in multinational problem-solving efforts

22) Which of the following is a reason for recent governmental relaxation in restrictions on cross-border trade or resource movements?

A) Most countries face shortages of workers, so they seek foreign workers who can help them produce more.

B) Governments believe that this will decrease the need to make their own companies more innovative.

C) Consumers increasingly want to buy goods and services produced in their own countries, making restrictions less necessary.

D) Governments believe that domestic producers will become more efficient as a result of foreign competition.

23) Which of the following is a reason for recent governmental relaxation in restrictions on cross-border trade or resource movements?

A) Governments typically welcome the opportunity to increase the offshoring of a country's domestic producers.

B) All countries have signed binding reciprocal trade agreements through international organizations.

C) Governments hope that other countries will lower their barriers in response.

D) Most countries face surpluses of workers, so they seek foreign markets in need of labor supplies.

24) A company starting out with a global focus, usually because of the international experience of its founders, is called a ________.

A) multinational enterprise

B) transnational company

C) strategically allied company

D) born-global company

25) In a strategy known as ________, many new companies locate themselves near competitors and suppliers.

A) offshoring

B) franchising

C) clustering

D) exporting

26) Companies often expand their business internationally in response to ________.

A) increased import restrictions in their domestic markets

B) competitive international advantages gained by their competitors

C) increased export restrictions in their domestic markets

D) a decrease in domestic competition

27) When a company successfully responds to foreign production and market opportunities, ________.

A) other companies will likely emulate its successful practices

B) it likely has a long-term advantage over competitors

C) it typically downsizes its domestic operations

D) its home government likely raises taxes on the company

28) According to your text, which of the following is NOT one of the three main reasons governments cooperate with each other?

A) to attack problems that one country acting alone cannot solve

B) to deal with areas of concern that lie outside the territory of any nation

C) to gain reciprocal advantages

D) to encourage cross-border movement of resources in response to interest rate differences

29) Governments have signed treaties to protect foreign-owned property rights, such as investments and patents. A primary reason for doing so is to ________.

A) gain reciprocal advantages

B) reduce the domestic effects of other countries' economic policies

C) deal with areas of concern outside the territory of any one country

D) reduce national conflicts leading to violent encounters

30) Which of the following is NOT a source of disagreement about the use of noncoastal areas of the oceans, outer space, and Antarctica?

A) There is little short-term business potential in these areas.

B) There is disagreement about how commercial benefits should be shared among nations.

C) There is disagreement about who should be allowed to develop where.

D) The commercial viability of some areas has only recently been demonstrated.

31) Which of the following is a reason that governments cooperate through treaties, agreements, and consultation?

A) to gain a division of labor, such as by performing research and development in one country and production in another

B) to be in compliance with United Nations' requirements

C) to attack problems jointly that one country acting alone cannot solve

D) to assure that all countries get an equitable share of taxes from multinational enterprises

32) Small countries worry about overdependence caused by globalization. Their concerns include all of the following EXCEPT which of the following?

A) A large country on whom they depend may pressure them on political matters.

B) A large international company may dictate its terms of operations in a small country.

C) A large company may exploit legal loopholes to avoid political oversight and taxes.

D) A large country may reduce its level of cultural homogeneity.

33) Although critics complain that globalization causes the consumption of too many nonrenewable resources while despoiling the environment, those in favor of globalization counter that ________.

A) globalization encourages the adoption of uniform and superior standards for combating environmental problems

B) economic growth created by globalization is largely in services, which neither use too many nonrenewable resources nor despoil the environment

C) the biggest problem of environmental despoliation occurs in the countries that are least globalized

D) pollution and toxic runoff problems do not increase with economic growth

34) Curtailment of logging in the Amazon region is generally viewed as environmentally beneficial for the planet as a whole. However, unemployed Brazilian workers have felt that job creation inside Brazil is more important than climate protection outside Brazil. This example best illustrates which of the following?

A) why smaller countries are concerned that large international countries are powerful enough to dictate operating terms

B) why globalization is needed to foster uniform standards for combating environmental problems

C) how global interests can conflict with a country's local interests

D) how cultural homogeneity threatens the cultural foundation of smaller nations

35) Although globalization may bring economic growth, critics nevertheless contend that ________.

A) the growth is not fast enough

B) the inequality of gains puts some people in a relatively worse economic situation

C) this growth is mainly for the future, thus ignoring present economic growth needs

D) the cultural foundations of sovereignty are supported by globalization

36) The process of shifting production from a domestic to a foreign location is known as ________.

A) offshoring

B) outsourcing

C) licensing

D) joint venturing

37) Proponents of offshoring claim all EXCEPT which of the following?

A) Aggregate employment figures show that displaced workers find new jobs.

B) Offshoring increases the number of high-value jobs in the home countries of offshoring companies.

C) Offshoring is fundamentally better for workers than the introduction of labor-saving technologies.

D) There are upper limits on offshoring because there are not enough workers abroad with needed skills who will permanently work for low wages.

38) A major criticism of offshoring is that it ________.

A) increases production costs

B) exchanges good jobs for bad jobs

C) threatens the sovereignty of larger countries

D) allows companies to avoid payment of any taxes

39) Critics of offshoring claim all EXCEPT which of the following?

A) Cost savings are seldom passed on to final consumers.

B) Workers who have been displaced by offshoring do not have the skills needed for higher-value jobs.

C) Incomes of workers in offshoring countries have gone down as a percentage of national income.

D) Offshoring reduces the incomes of people in low-wage countries.

40) Which of the following conditions must be met for a company to increase profits through foreign sales?

A) The company can obtain resources abroad.

B) The costs to make the sales do not increase disproportionately.

C) The company can offshore its production.

D) The foreign market can be reached through exporting rather than direct investment.

Describe a positive workplace culture(5 elements). Select one of those elements and describe how a leader could MAINTAIN that culture.and Describe a negative workplace culture(5 elements). Select one of those elements and describe how a leader could IMPROVE that culture

A balloon is to be used to carry meteorological instruments to an elevation of 18000 feet. The balloon is filled with helium at the ground level temperature and pressure ( 70 degrees Fahrenheit, 1 atm). The balloon material weighs .001 lb per square foot. If the instruments weigh 12 lbs, what should the diameter be of the spherical balloon ? Assume the temperature to drop 10 degrees Fahrenheit for every 4000 feet height.

an object 5 cm tall is placed 40 cm from a flat mirror find a) the distance from the object to the image, b) the height of the image, and c) the images magnification

Discuss with examples the importance of ethics in managing and delivering Information Technology projects.