Part 1

Calculate the missing values in the table below. Then answer the questions that follow it. GDP are in billions of dollars and the Consumer Price Index (CPI) is a percentage. CPI for 2001 is 98.6

Year Nominal GDP CPI RealGDP ri

2002 $10,469.58 Billion 100.0

2003 $10,971.34 Billion 102.3

2004 $11,734.30 Billion    105.0

2005 $12,601.00 Billion 108.6

All figures must be calculated to 2 decimal places and in the correct formats on a separate paper. You must show your work for all calculations in order to receive credit for the problem. DO NOT FILL IN THE TABLE. WORK PROBLEMS ON SEPARATE PAPER AND PRODUCE ANSWERS THERE!

a. Has there been any span of years, IN ONE YEAR INCREMENTS, within the table over which nominal GDP changed in one direction, but real GDP changed in the opposite direction? (Examples of what a span of years is, that are not included in this table would be 1990-1991 or 1996-1997.) Explain why or why not.

b. Has there been inflation over each span of years in the table? Explain why or why not.

Part 2

Exchange rate sample problems:

STARTING RATE LATER AFTER TIME HAS PASSED

a. Rate I: USD $1.54 = GBP £1.00 Rate II: USD $1.39 = GBP £1.00   PJeans (US Export) = USD $35.00 PSuit (UK Export) = £180.00

b. Rate I: USD $1.28 = EUR €1.00 Rate II: USD $1.45 = EUR €1.00

PDesk (US Export) = USD $345.00 PCoffee Maker (EU Export) = €50.00

c. Rate I: USD $1.00 = CNY 9.20元 Rate II: USD $1.00 = CNY 8.75 元

PBushel of Corn (US Export) = USD $45.00 PFlat-Screen TV (Chinese Export) = 12,500.00 元

Calculate the price of each nation’s exported good in terms of the other nation’s currency for BOTH EXCHANGE RATES (THERE WILL BE 4 CALCULATIONS IN EACH SECTION a, b, and c AS A RESULT). For Each Problem, based upon how the prices change from rate I to rate II, determine for each nation the impact on Net Export Spending,Total Spending, GDP, and AD. Make sure TO USE THE APPROPRIATE CURRENCY SYMBOLS FOR THE BRITISH POUND, THE EURO, AND THE CHINESE YUAN RENMINBI.

1. You are an MPH student intern in a local church. Part of your assigned tasks is to research the possibility of getting a grant to fund a new Head Start preschool program in the church. You find out the following:
2. You are planning a weight control program in your church. You have assessed the need and interest; you have identified program goals and outcomes; you have selected resources and materials; all you have left to do is plan the evaluation. You choose several measures of process evaluation, some of which are listed below. Which one of the following would notbe a measure of process evaluation for the program?

1. Write at least two sentences in your own words to explain the difference of using flexible boundary channel and the rigid boundary channel (based on the design considerations presented here).

2. Answer True or False and justify your answer:

    a. The rigid boundary channel is recommended for channels with very high velocities because it can easily resist the shear stress caused by the water flow.

    b. The trapezoidal cross section (with a value of m = 4 or more) is always more appropriate to be used instead of the rectangular channel in areas in which the neighboring land use restricts the channel top width.   

In python,

Here's some fake data.

df = {'country': ['US', 'US', 'US', 'US', 'UK', 'UK', 'UK'],
   'year': [2008, 2009, 2010, 2011, 2008, 2009, 2010],
   'Happiness': [4.64, 4.42, 3.25, 3.08, 3.66, 4.08, 4.09],
   'Positive': [0.85, 0.7, 0.54, 0.07, 0.1, 0.92, 0.94],
   'Negative': [0.49, 0.09, 0.12, 0.32, 0.43, 0.21, 0.31],
   'LogGDP': [8.66, 8.23, 7.29, 8.3, 8.27, 6.38, 6.09],
   'Support': [0.24, 0.92, 0.54, 0.55, 0.6, 0.38, 0.63],
   'Life': [51.95, 55.54, 52.48, 53.71, 50.18, 49.12, 55.84],
   'Freedom': [0.65, 0.44, 0.06, 0.5, 0.52, 0.79, 0.63, ],
   'Generosity': [0.07, 0.01, 0.06, 0.28, 0.36, 0.33, 0.26],
   'Corruption': [0.97, 0.23, 0.66, 0.12, 0.06, 0.87, 0.53]}

I have a list of happiness and six explanatory vars.
exp_vars = ['Happiness', 'LogGDP', 'Support', 'Life', 'Freedom', 'Generosity', 'Corruption']

1. Define a variable called explanatory_vars that contains the list of the 6 key explanatory variables

2. Define a variable called plot_vars that contains Happiness and each of the explanatory variables. (Hint: recall that you can concatenate Python lists using the addition (+) operator.)

3. Using sns.pairplot, make a pairwise scatterplot for the WHR data frame over the variables of interest, namely the plot_vars. To add additional information, set the hue option to reflect the year of each data point, so that trends over time might become apparent. It will also be useful to include the options dropna=True and palette='Blues'.

1. Suppose an investment fund manager considers investing $10,000,000 either in one-year (1Y) US Treasury note or in a corresponding UK Government one-year bond (UK 1Y Gilt). The UK investment would be covered with a one-year forward contract. The current yield on a 1Y US Government bond was 0.13% (+0.0013), while the yield on a 1Y UK bond was -0.02% (-0.0002) on October 7, 2020 (at 3:50pm EST, Bloomberg data). The GBP in USD spot rate was 1.2918 and the 1Y forward rate was 1.2948.

1. Compute the one-year USD return on investment in the US Government bond.

An earthquake P wave traveling at 7.7km/s strikes a boundary within the Earth between two kinds of material.

If it approaches the boundary at an incident angle of 44? and the angle of refraction is 33?, what is the speed in the second medium?

Express your answer to two significant figures and include the appropriate units.

Many reasons for why the United Kingdom voted to leave the European Union have been proposed. A common one is that imports from the EU hurt low-skilled British workers. Suppose that there are two industries, financial services and manufacturing. Further assume that there are two factors of production, low- skilled and high-skilled workers, and that finance is high-skill intensive and manufacturing is low-skill intensive. Further assume that the United Kingdom is abundant in high-skill labour.

Describe also how the relative output of financial services versus manufacturing in the UK changes with Brexit. Explain your answer.

A small grassroots organization has been running a food pantry for about five years. They are located in the community center of a local church. The church is its only major partner. They typically open about two days per week and provide food for local families that stop in. The hours of operation are a bit inconsistent. Most of their donations, of late, have come from the church. Sometimes, they collect hats, scarves and gloves to distribute during winter months. It's nothing formal. They collect whatever is donated and distributed to local families who can use it. For the first time in five years, the pantry is bare, no donations or contributions are coming in, and very few families are stopping by. The church is thinking that it may be time to end the partnership. You recently joined the board of directors to gain some exposure to nonprofits; and at your first board meeting, they mention that they may be shutting down the food pantry and the church may be ending its partnership. Based on your reading to date, what actions would you recommend that the organization take before closing?

Things to consider:

-What are some of the inconsistencies presented in this case study?

-What immediate actions should the board consider before closing the organization?

-What type of evaluation should the board consider and why?

-How is the organization funded?

Communication is constitutive, which means

A. Communication is the key to family happiness.

B. Communication constructs the relationships between family members.

C. Communication displays the family’s interactions.

D. Communication patterns cross generations.

True or False Questions:

1. The Communication Privacy Management Theory identifies four concepts that guide the privacy rule management process: 1.  Boundary Rule Usage, 2. Boundary Rule Formation, 3. Boundary Rule Function, and 4. Boundary Rule Coordination.

______

2.Meanings attached to relational currencies have a direct impact on relationship development

3.Insistence on maintaining rituals from the previous families can threaten the new stepfamily.

4.The all-channel network maintains the parents at the center of the network.

5. Family rules are heavily influenced by ethnic backgrounds

6.  Equifinality is the principle that in open systems a given end state can be reached by many potential means.

LO1 - The government is concerned on the impact that Brexit may have on the UK car industry. Explain which factors you think are key to the Supply and Demand for UK cars:

1. Evaluate how demand and supply result in price equilibrium in the car market.

2. Analyse factors that may cause supply and demand for UK cars to shift.

3. Evaluate how government intervention in a market can cause the car market to change.