Assume that the loanable funds market for the United States is
currently in equilibrium.
a) Draw a correctly labeled graph of the loanable funds market
for the United States, and label the equilibrium interest rate as
r* and the quantity of funds as QF*.
b) Congress has decided to dramatically cut government spending
over the next two years.
i) What will be the impact of the policy action on the government's budget?
ii) On your graph in part (a), show the impact of this policy action on the interest rate and quantity of funds.
c) As a result of the government spending cuts enacted by congress,
show the effects of this policy action on a correctly labeled
aggregate demand and aggregate supply graph.
In: Economics
Assume that at maximum hourly productions levels, the United States can produce either 8 yards of fabric or 4 bushels of wheat, whereas Japan can produce either 5 yards of fabric or 6 bushels of wheat. Based on this information,
| A. |
both nations will gain from specialization and trade, with the US exporting wheat to Japan, and Japan exporting fabric to the US. |
|
| B. |
the United States will benefit from trading but Japan will not. |
|
| C. |
both nations will gain from specialization and trade, with the US exporting fabric to Japan, and Japan exporting wheat to the US. |
|
| D. |
beneficial trade is impossible between the two countries. |
In: Economics
In the US, people die because they do not have private health insurance or their insurance does not cover the treatments they need. A 2009 Harvard study published in the American Journal of Public Health found more than 44,800 excess deaths annually in the United States due to Americans lacking health insurance, equivalent to one excess death every 12 minutes. More broadly, the total number of people in the United States, whether insured or uninsured, who die because of lack of medical care was estimated in a 1997 analysis to be nearly 100,000 per year.
Prepare your thoughtful and informed response to this
statement.
In: Nursing
In: Economics
Chap. 6:- Honda was the first Japanese auto manufacturer to produce cars in the United States. At that time there was much skepticism as to whether U.S. workers could adapt to the Japanese emphasis on high quality. Honda has succeeded in the United States, and other Japanese auto manufacturers have followed. At Honda, why is it so important to plan ahead, as much as five years, for quality of vehicle models? How is the design process related to quality management? What is the role of the PDCA cycle at Honda ? Why does Honda produce new and old models simultaneously? What is “quality fatigue”? How does Honda address it in its plant?
In: Operations Management
In: Operations Management
For this discussion board I want you to give a close read of the two different perspectives presented under the heading “Who Rules the United States?” So, you will read about functionalism or pluralism and conflict theory or the power elite. Offer an overview of the functionalist perspective and the conflict perspective about who rules the United States. Start with definitions that are pertinent according to your text. Make sure to cite and reference using APA style. Then, explain how each of the perspectives could in fact be correct. Offer evidence or examples that show how correct the perspective is. Finally, which perspective makes the most sense to you and why?
In: Psychology
What is GAAP, and what is the purpose of GAAP?
How do you think a potential creditor would view a startup company's financial statements? What would the creditor be looking for?
How do you think a potential investor would view a startup company's financial statements? What would the investor be looking for?
In: Accounting
A delivery truck was acquired on January 1, 2020, at a cost of
$40,600. The truck was originally estimated to have a salvage value
of $16,800 and an estimated life of 5 years. Depreciation has been
recorded through December 31, 2021, using the straight-line method.
On January 1, 2022, the truck’s engine was rebuilt at a cost of
$5,000 the estimated salvage value was revised to $15,600 and the
useful life was revised to a total of 6 years.
Prepare the journal entry to record depreciation expense for 2022.
(Credit account titles are automatically indented when
the amount is entered. Do not indent
manually.)
| Depreciation expense for 2022 | $enter the Depreciation expense for 2017 in dollars |
Adjusting journal entry at 12/31/22:
|
Date |
Account Titles and Explanation |
Debit |
Credit |
|
Dec. 31 |
|||
In: Accounting
Thomas Company acquired machinery on January 2, 2016, which it depreciated under the straight-line method with an estimated life of fifteen years and no salvage value. On January 1, 2020, Thomas estimated that the remaining life of this machinery was six years with no salvage value. How should this change be accounted for by Thomas?
Group of answer choices
by continuing to depreciate the machinery over the original fifteen year life
as a prior period adjustment
as a change in accounting principle in 2020
by setting future annual depreciation equal to one-sixth of the machinery’s book value on January 1, 2020
In: Accounting