The United States has a minimum wage law. Moreover, many states have their own laws regarding the minimum wage that workers must receive. Please see the U.S. Department of Labor's Webpage at: U.S. Department of Labor for a map and enumeration of the laws.

With this in background, please critically discuss whether there should be any minimum wage law. If not, why not? If there should be such a law, what standards should be used to establish that the minimum wage is a fair and equitable wage?

Bright Ltd acquired all of the issued shares in Star Ltd a number of years ago. On 1 June 2019, Bright Ltd transferred inventory to Star Ltd at a profit, where all of these inventories remained with Star Ltd at 1 July 2019, and were all on-sold to external parties as at 30 June 2020. In your own words, briefly explain the necessary adjustments required in preparing the consolidated financial statements for Bright Ltd’s group for the year ended 30 June 2020.

9. Uncovered Interest Parity and Expectations Theory of interest rates Assume two countries, the U.S. and the UK. In the United States, there are 1-year bonds and 5-year bonds (denominated in dollars). In the United Kingdom, there are also 1-year and 5-year bonds (denominated in pounds). There is a spot market Mathematically, come up with one equation for the Spot Exchange Rate that satisfies (1) the uncovered interest parity condition; (2) the expectation theory for interest rates in the US; and (3) the expectation theory of interest rates in the United Kingdom. The EXPLAIN what your equation means.

In an article in the Journal of Advertising, Weinberger and Spotts compare the use of humor in television ads in the United States and the United Kingdom. They found that a substantially greater percentage of U.K. ads use humor.

(a) Suppose that a random sample of 387 television ads in the United Kingdom reveals that 130 of these ads use humor. Find a point estimate of and a 95 percent confidence interval for the proportion of all U.K. television ads that use humor. (Round your answers to 3 decimal places.)   

(b) Suppose a random sample of 534 television ads in the United States reveals that 114 of these ads use humor. Find a point estimate of and a 95 percent confidence interval for the proportion of all U.S. television ads that use humor. (Round your answers to 3 decimal places.)

(c) Do the confidence intervals you computed in parts a and b suggest that a greater percentage of U.K. ads use humor?

(Click to select)NoYes , the U.K. 95 percent confidence interval is (Click to select)abovenot above the maximum value
in the confidence interval for the U.S.

In an article in the Journal of Advertising, Weinberger and Spotts compare the use of humor in television ads in the United States and the United Kingdom. They found that a substantially greater percentage of U.K. ads use humor.

(a) Suppose that a random sample of 387 television ads in the United Kingdom reveals that 131 of these ads use humor. Find a point estimate of and a 95 percent confidence interval for the proportion of all U.K. television ads that use humor. (Round your answers to 3 decimal places.)   

(b) Suppose a random sample of 493 television ads in the United States reveals that 134 of these ads use humor. Find a point estimate of and a 95 percent confidence interval for the proportion of all U.S. television ads that use humor. (Round your answers to 3 decimal places.)

(c) Do the confidence intervals you computed in parts a and b suggest that a greater percentage of U.K. ads use humor?

(Click to select)YesNo , the U.K. 95 percent confidence interval is (Click to select)not aboveabove the maximum value
in the confidence interval for the U.S.

1) The Environmental Protection Agency was created in 1970 to mount a coordinated attack on environmental problems. Its duties primarily include

Multiple Choice

• providing financial assistance to the private sector to find alternative sources of energy.

• assisting state and local pollution control efforts.

• assessing fines against businesses for violating the Environmental Protection Act.

• drafting agreements between the United States and its trading partners concerning the environmental effects of international trade.

2)

The Clean Air Act of 1990 has all but which of the following requirements?

Multiple Choice

• It required tougher auto emission controls.

• It required cleaner-burning gasoline.

• It required new equipment to capture industrial and business pollution.

• It required a 50-percent reduction in all airborne pollutants by 2020.

3)

The Brownfields Act provides liability protection for owners of brownfield sites.

True or False

4)Recycled hazardous materials are not covered by the Resource Conservation and Recovery Act.

TRUE OR FALSE

Who Pays, who Provides and who Measures US Healthcare?

The costs of healthcare are higher in the United States compared to any other developed country in the world, but this does not equate to best health status for our populations (OECD, 2018).

1. Who pays for US Healthcare?
2. Who provides US Healthcare Services?
3. Who measures healthcare service results (quality of life years (QALY) disability of life years (DALY)?

Please cite all resources used to obtain your answers.

Resources:

CDC. (2018). Health People 2020. https://www.cdc.gov/nchs/healthy_people/hp2020.htm

CMS. (2018). CMS Innovations. https://innovation.cms.gov/

NACCHO. (2018) Directory of Public Health Services. https://www.naccho.org/membership/lhd-directory

OECD. (2018). Health at a Glance (2017). http://www.oecd.org/health/health-systems/health-at-a-glance-19991312.htm

Draw and carefully describe a graph that utilizes the Aggregate Demand/Aggregate Supply model that would illustrate the current state of the aggregate economy in the United States as of October 2020. Make sure that you explain your graph in your own words.  Describe the current state of the economy relative to potential GDP. draw an AD/AS graph. The graph needs to be clearly labeled and explained in some detail. The graph must include an aggregate demand (AD) curve, a short-run aggregate supply (SRAS) curve, and a long-run aggregate supply curve (LRAS, Potential GDP) curve. Clearly label both axes of the graph. Identify the current price level using the GDP deflator on the vertical axis and the level of real GDP on the horizontal axis.   You don’t need to plot any other specific data points although you should identify real potential GDP (Links to an external site.) in the third quarter.

Consider an issue of 80,000,000, 6.4% 90 day commercial paper. Assume a day count of 30/360.

How much money would the issuer receive from the commercial paper issue if they are in the United States?

Imagine that the United States puts in place a 45 percent tax on imports. What is the long-run impact of this tax (an import tariff) on the value of the U.S. dollar, on U.S. net exports, and U.S. GDP. Explain.