An economy has full-employment output of 1500. Suppose desired consumption and desired investment are ? ? = 125 + 0.75(? − ?) − 400? ? ? = 200 − 100?

G is the level of government purchases, and T=100 1.

Goods market and the IS curve section.

a) Derive desired saving with respect to Y and r if the government spending, G, is 150.

b) Find the goods market clearing real interest rate if the full-employment output is 1500 and the government spending, G, is 150.

c) Derive the IS curve based on part (a) and (b).

d) Now, the government decided to use the expansionary fiscal policy. The government increases the government spending by 50 (so, G=200) but did not change the taxes, T (T=100). The full employment output is still 1500. Find the goods market clearing real interest rate, the amount of desired saving and investment.

e) Based on the part d), Find the IS curve. f) Draw the desired saving curves and the desired investment curve from part (b) and (d). Show the real interest rate and the amount of desired saving (or the investment) at each equilibrium of the goods market.

g) Graph IS curve from part (c) and part (e). (Mark the label of the IS curve with IS1(G=150) and IS2(G=200)

2 - Money demand is ?? ? = 0.8? − 2000(? + ? ? ) where the expected rate of inflation, ? ? , is 0.05. The nominal supply of money M = 2000.

2. Asset market equilibrium and the LM curve.

h) Find the price level that clears the asset market if the real interest rate, r, is equal to the goods market equilibrium real interest rate in part (1-a) [Hint: Use the answer in part (1-a) for r]

i) Derive the LM curve when the price level is equal to the solution in part (h) [Hint: Use the price level from the part (2-h) to get the real money supply]

j) When the government use the expansionary fiscal policy with G=200, the goods market equilibrium real interest rate was changed (in the part (1-d).

If the money market also have this real interest rate at new equilibrium, how does the price change? Show the price level to get the real interest rate from the part 1-d) as the new money market equilibrium. [Hint: use the part (1-d) real interest rate to get the new price level.]

k) Graph the money market equilibrium from the part (2-h) and (2-j) with the real money demand curve and the real money supply curve.

l) In the part (2-j), the price is changed so it causes a change in LM curve. Derive the LM curve with the new price level from (2-j)

3. General equilibrium with the change in the government spending.

g) Draw the IS curves, LM curves and FE curve when the full employment output of 1500 on the Y-r

You need to draw two IS curves (from the part (1-c) when G=150 and the part (1-e) when G=200), two LM curves (from the part (2-i) with the price level if G=150 and the part (2-l) with the new price level) and one FE curve with the full employment level.

Using a wheatstone bridge, solve for Vout for quarter, half, and full bridges and determine which one is most sensitive. Draw a diagram showing how you would place your strain gauges on a beam for each configuration. Discuss how you should use the right kind of strain gauge with appropriate G values to maximize the sensitivity.

1. Assume only your first most important policy decision is put into place. How would you illustrate your first most important policy decision using the Aggregate Demand and Aggregate Supply Model? How will the Price Level, Real GDP, and Employment be impacted in the short-run if this first most important policy decision was put into practice? How might the Price Level, Real GDP, and Employment be impacted in the long-run if this first most important policy decision was put into practice? Be detailed, specific, and clear. In this scenario, the most important policy decision is an increase in carbon emission taxes

Question # 3 — Production and Direct Materials Budgets
Walsh Company has budgeted the following unit sales for the first quarter of 2017:
Units
January 36,000
February 54,000
March 45,000

It takes two pounds of direct materials, which cost $6 per pound, to manufacture one unit of product. It is the company's policy to have a finished goods inventory on hand at the end of each month equal to 20% of next month's sales and to maintain a direct materials inventory at the end of the month equal to 30% of the next month's production needs. The inventory levels at December 31, 2016, were in accordance with company policy.

Instructions: Answer the following independent questions and show computations which support your answers.

1. What was the number of units in ending finished goods inventory at December 31, 2016?


2. Calculate the number of units that should be scheduled for production in the month of February.




3. What was the number of units in ending direct materials inventory at December 31, 2016?



4. What was the number of units and the dollar amount of direct materials purchases budgeted for the month of January?
 

Please Solve As soon as
Solve quickly I get you two UPVOTE directly
Thank's
Abdul-Rahim Taysir

2. Assume a consumption function C = 100 + 0.8(Y-T), and let G = 200, T = 200, I = 100. a. First, suppose there is just a tax cut alone, increasing T from 200 to 250. Use the relevant Keynesian multiplier to compute the change in output. (5 pts)

b. If instead, there is an increase in government spending from 200 to 250. By how much will output change? (5 pts)

c. Now suppose there is a simultaneous action so that both government spending and taxes are increased from 200 to 250. What will be the total change in output as a result? (5 pts)

1. The second order fringe when 700 nm light falls on a double slit is
observed at a 15° angle to the initial beam direction. How far apart are
the slits? Ans: 5.41 x 10^-6 m

2. Light of frequency 6 x 10^14 Hz falls on a pair of slits that are 0.0002 cm
apart. The center of the slits is 50 cm from the screen. How far from the
central bright line will the first order line appear? Ans: 0.13 m

3. Monochromatic light falling on two slits 0.026 mm apart produces the
fourth-order line at a 6.4°angle. What is the wavelength of light used?
Ans: 7.25 x 10^-7 m

4. Light of wavelength 6.5 x 10^-5 cm passes through a single slit and falls on
a screen 100 cm away. The third-order dark band is 0.25 cm from the
center of the pattern. What is the slit width? Ans: 7.8 x 10^- 4 m

5. A diffraction grating with 760 lines per cm is used to form a diffraction
pattern. The first-order line is 3 cm from the central bright spot. The screen
is 80 cm away. What is the wavelength of light used? Ans: 4.93 x 10^-7 m

6. At what angle will 710 nm light produce a third order maximum when
falling on a grating whose slits are 0.0017 cm apart? Ans: 7.2°

The Alpine House, Inc., is a large retailer of snow skis. The company assembled the information shown below for the quarter ended March 31:

Required:

1. Prepare a traditional income statement for the quarter ended March 31.

2. Prepare a contribution format income statement for the quarter ended March 31.

3. What was the contribution margin per unit?

17. Arthur, Murray, and Strauss are equal owners of the AMS company, which in their most recent "value setting meeting" they agreed had a net value of $660,000. They each have a basis in their respective shares of $50,000. Their business buyout agreement requires them to use life insurance as part of a cross purchase plan. Each owner must have a policy equal to the amount necessary to pay 150% of the owner's potential obligation using the most recent value setting. Upon the death of a co-owner the business will be appraised and the survivors must purchase the decedent's interest (borrowing or finding other funds if the life insurance is insufficient).

18.  When comparing trusts established by their parents for minors with parental gifts using the Uniform Gift to Minors Act (UGMA), which of the following are true?

19. For handling client incapacity, durable powers of attorney are frequently used in conjunction with a living trust.

20.  Compared to a conservatorship, a durable power of attorney for property is

Required: write a summary between 90 and 120 words for the following task.

Task A

What makes a work of architecture great? Most people would say that aesthetics are most important. For example, many people agree that the Eiffel Tower in Paris and the Blue Mosque in Istanbul are beautiful structures. It is true that aesthetics are important; however, according to the Roman architect Marcus Vitruvius Pollio, there are two additional principles that we should consider when judging a structure. They are durability—how strong and long-lasting a structure is designed to be—and function— how well the structure serves its intended purpose. The new Rostonville Library in my city is a good example of Vitruvius's principles because it is durable, functional, and aesthetically pleasing.

The Rostonville Library, which is built entirely of granite—a hard and very tough stone—is an example of durability. Granite is likely to remain strong and unaffected by environmental pollution. The copper color offers an interesting contrast to the light gray color of the granite structure, and the contrast will remain as the copper ages.Granite structures are stable and resistant to vibrations, so the Rostonville Library will likely be able to withstand an earthquake. The Rostonville Library is also durable in terms of sustainability, because it uses solar energy for heating, and a rooftop garden provides insulation that keeps the building cool in hot weather.

Designed to provide free access for members of the community to a variety of print and digital information, the Rostonville Library is also an example of Vitruvius’s principle of functionality. The Rostonville Library conveys a feeling of openness and accessibility. For example, it is resistant to acid rain.Furthermore, the entire library is on one level, and it has an open design—there are no interior walls or dividers. In addition, large windows let in plenty of natural lights, so it’s easy to see and get to each department within the library.

Finally, the Rostonville Library is beautiful. Aesthetically pleasing details make it attractive, both inside and out. The large windows are framed in copper. For example, it has large double doors that are at street level; there are no stairs at the entrance. Growth from the rooftop garden, which cascades down the sides of the building, adds to the aesthetics of the building. It softens the lines of the structure and helps it to blend into its natural surroundings.

Durability, functionality, and beauty make the Rostonville Library a great structure. Architects and designers follow Vitruvius's principles help to make urban environments more pleasant places to live. Structures that exemplify these criteria provide peace of mind as well as beauty for the people who use them.

The following data relate to the operations of Shilow Company, a wholesale distributor of consumer goods:

The gross margin is 25% of sales.

Actual and budgeted sales data:

Sales are 60% for cash and 40% on credit. Credit sales are collected in the month following sale. The accounts receivable at March 31 are a result of March credit sales.

Each month’s ending inventory should equal 80% of the following month’s budgeted cost of goods sold.

One-half of a month’s inventory purchases is paid for in the month of purchase; the other half is paid for in the following month. The accounts payable at March 31 are the result of March purchases of inventory.

Monthly expenses are as follows: commissions, 12% of sales; rent, $4,100 per month; other expenses (excluding depreciation), 6% of sales. Assume that these expenses are paid monthly. Depreciation is $765 per month (includes depreciation on new assets).

Equipment costing $3,300 will be purchased for cash in April.

Management would like to maintain a minimum cash balance of at least $4,000 at the end of each month. The company has an agreement with a local bank that allows the company to borrow in increments of $1,000 at the beginning of each month, up to a total loan balance of $20,000. The interest rate on these loans is 1% per month and for simplicity we will assume that interest is not compounded. The company would, as far as it is able, repay the loan plus accumulated interest at the end of the quarter.

Required:

Using the preceding data:

1. Complete the following schedule:

2. Complete the following:

3. Complete the following cash budget:

4. Prepare an absorption costing income statement for the quarter ended June 30.

5. Prepare a balance sheet as of June 30.

Required 1

Required 2

Required 3

Required 4

Required 5

Complete the following schedule:

Required 2

Required 3

Required 4

Required 5

Complete the following:

Complete the following cash budget: (Cash deficiency, repayments and interest should be indicated by a minus sign.)

Prepare an absorption costing income statement for the quarter ended June 30.

Prepare a balance sheet as of June 30.