Questions
25. A relative price is: A. the rate of inflation. B. a measure of overall prices...

25. A relative price is:

A. the rate of inflation. B. a measure of overall prices at a particular point in time. C. the percentage change in a price index such as the CPI. D. the price of a specific good in comparison to the prices of other goods and services.

26.a specific good in comparison with other goods and services are called _______.

A. quality adjustments; substitution bias. B. changes in a relative price; inflation. C. inflation; changes in a relative price. D. price level adjustments; quality adjustments.

27. Suppose the value of the CPI is 1.10 in year 1, 1.16 in year 2, and 1.27 in year 3. Assume also that the price of computers increases by 3% between year 1 and year 2, and by another 3% between year 2 and year 3. The price level is increasing, the inflation rate is _______, and the relative price of computers is _________.

A. increasing; increasing B. constant; increasing C. constant; decreasing D. increasing; decreasing

28. Inflation _____ the signals sent by price changes to demanders and suppliers of goods and services.

A. amplifies B. obscures C. enhances D. has no impact on

29. The phenomenon known as _____ occurs when inflation causes people to pay an increasing percentage of their income in taxes even when their real incomes have not changed.

A. hyperinflation B. bracket creep C. the Fisher effect D. substitution bias

30. The shoe leather costs of inflation include all of the following EXCEPT:

A. the lost purchasing power of cash. B. the extra costs incurred to avoid holding cash. C. the cost of more frequent trips to the bank. D. the installation of a new cash management system. 31. Ann's Cookie Shop needs $1,000 cash per day for customer transactions. Ann has a choice between going to the bank first thing on Monday morning to withdraw $5,000 - enough cash for the whole week - or going to the bank first thing every morning for $1,000 each time. Ann puts the cost of going to the bank at $1 per trip. Assume that funds left in the bank earn precisely enough interest to keep their purchasing power unaffected by inflation. Ann's Cookie shop is open 5 days a week for 50 weeks each year. If Ann goes to the bank everyday when the inflation rate is 10%, then the annual cost of going to the bank is _____ and Ann's annual losses from holding cash are _____.

A. $50;$5,000 B. $50;$1,000 C. $250; $100 D. $250; $1,000

32. If workers and employers agree to a three-year wage contract expecting 3% inflation and inflation turns out to be 5%, then:

A. workers gain and employers gain. B. workers gain and employers lose. C. workers lose and employers gain. D. workers lose and employers lose.

33. When inflation turns out to be different than expected, wealth is ______.

A. destroyed B. redistributed C. increased D. decreased

34. It is difficult to engage in long-term financial planning when inflation is:

A. high and erratic. B. low and stable. C. accounted for through indexing. D. predictable.

35. The real interest rate is the:

A. market interest rate. B. annual percentage increase in the nominal value of a financial asset. C. annual percentage increase in the purchasing power of a financial asset. D. the interest rate charged on a loan in dollar terms.

36. The annual increase in the dollar value of a financial asset is called the:

A. real rate of return. B. inflation rate. C. real interest rate. D. nominal interest rate.

37. The market interest rate in Alpha is 7% and the market interest rate in Beta is 10%, but the inflation rate in Alpha is 3% and inflation rate in Beta is 8%. Which of the following statements is true?

A. The real interest rate is higher in Alpha, but the nominal interest rate is higher in Beta. B. The real interest rate is lower in Alpha, but the nominal interest rate is lower in Beta. C. Both the real and nominal interest rates are higher in Alpha. D. Both the real and nominal interest rates are higher in Beta.

38. On January 1, 2004, Anna invested $5,000 at 5% interest for one year. The CPI on January 1, 2004 stood at 1.60. On January 1, 2005, the CPI was 1.68. The real rate of interest earned by Anna was ____ percent.

A. -5 B. 0 C. 5 D. 8

39. Unexpectedly high inflation ______ borrowers and _____ lenders. A. helps; hurts B. helps; helps C. hurts; hurts D. hurts; helps 40. The Fisher effect is the tendency for ____ interest rates to be ______ when inflation is high.

A. real; high B. real; low C. market; low D. nominal; high

In: Economics

The following selected transactions were completed by Capers Company during October of the current year: Oct....

The following selected transactions were completed by Capers Company during October of the current year:

Oct. 1 Purchased merchandise from UK Imports Co., $15,458, terms FOB destination, n/30.
3 Purchased merchandise from Hoagie Co., $9,650, terms FOB shipping point, 2/10, n/eom. Prepaid freight of $200 was added to the invoice.
4 Purchased merchandise from Taco Co., $13,550, terms FOB destination, 2/10, n/30.
6 Issued debit memo to Taco Co. for $4,350 of merchandise returned from purchase on October 4.
13 Paid Hoagie Co. for invoice of October 3.
14 Paid Taco Co. for invoice of October 4, less debit memo of October 6.
19 Purchased merchandise from Veggie Co., $27,270, terms FOB shipping point, n/eom.
19 Paid freight of $375 on October 19 purchase from Veggie Co.
20 Purchased merchandise from Caesar Salad Co., $21,400, terms FOB destination, 1/10, n/30.
30 Paid Caesar Salad Co. for invoice of October 20.
31 Paid UK Imports Co. for invoice of October 1.
31 Paid Veggie Co. for invoice of October 19.

Journalize the entries to record the transactions of Capers Company for October. Refer to the Chart of Accounts for exact wording of account titles.

CHART OF ACCOUNTS
Capers Company
General Ledger
ASSETS
110 Cash
120 Accounts Receivable
125 Notes Receivable
130 Merchandise Inventory
131 Estimated Returns Inventory
140 Office Supplies
141 Store Supplies
142 Prepaid Insurance
180 Land
192 Store Equipment
193 Accumulated Depreciation-Store Equipment
194 Office Equipment
195 Accumulated Depreciation-Office Equipment
LIABILITIES
211 Accounts Payable-Caesar Salad Co.
212 Accounts Payable-Hoagie Co.
213 Accounts Payable-Taco Co.
214 Accounts Payable-UK Imports Co.
215 Accounts Payable-Veggie Co.
216 Salaries Payable
218 Sales Tax Payable
219 Customers Refunds Payable
221 Notes Payable
EQUITY
310 Owner, Capital
311 Owner, Drawing
312

Income Summary

Journalize the entries to record the transactions of Capers Company for October. Refer to the Chart of Accounts for exact wording of account titles.

PAGE 10

JOURNAL

ACCOUNTING EQUATION

DATE DESCRIPTION POST. REF. DEBIT CREDIT ASSETS LIABILITIES EQUITY

1

2

3

4

5

6

7

8

9

10

11

12

13

14

15

16

17

18

19

20

21

22

23

24

In: Accounting

The following selected transactions were completed by Capers Company during October of the current year: Oct....

The following selected transactions were completed by Capers Company during October of the current year:

Oct.

1

Purchased merchandise from UK Imports Co., $14,448, terms FOB destination, n/30.

3

Purchased merchandise from Hoagie Co., $9,950, terms FOB shipping point, 2/10, n/eom. Prepaid freight of $220 was added to the invoice.

4

Purchased merchandise from Taco Co., $13,650, terms FOB destination, 2/10, n/30.

6

Issued debit memo to Taco Co. for $4,550 of merchandise returned from purchase on October 4.

13

Paid Hoagie Co. for invoice of October 3.

14

Paid Taco Co. for invoice of October 4, less debit memo of October 6.

19

Purchased merchandise from Veggie Co., $27,300, terms FOB shipping point, n/eom.

19

Paid freight of $400 on October 19 purchase from Veggie Co.

20

Purchased merchandise from Caesar Salad Co., $22,000, terms FOB destination, 1/10, n/30.

30

Paid Caesar Salad Co. for invoice of October 20.

31

Paid UK Imports Co. for invoice of October 1.

31

Paid Veggie Co. for invoice of October 19.

Journalize the entries to record the transactions of Capers Company for October. Refer to the Chart of Accounts for exact wording of account titles.

CHART OF ACCOUNTS

Capers Company

General Ledger

ASSETS

110

Cash

120

Accounts Receivable

125

Notes Receivable

130

Merchandise Inventory

131

Estimated Returns Inventory

140

Office Supplies

141

Store Supplies

142

Prepaid Insurance

180

Land

192

Store Equipment

193

Accumulated Depreciation-Store Equipment

194

Office Equipment

195

Accumulated Depreciation-Office Equipment

LIABILITIES

211

Accounts Payable-Caesar Salad Co.

212

Accounts Payable-Hoagie Co.

213

Accounts Payable-Taco Co.

214

Accounts Payable-UK Imports Co.

215

Accounts Payable-Veggie Co.

216

Salaries Payable

218

Sales Tax Payable

219

Customers Refunds Payable

221

Notes Payable

EQUITY

310

Owner, Capital

311

Owner, Drawing

312

Income Summary

REVENUE

410

Sales

610

Interest Revenue

EXPENSES

510

Cost of Merchandise Sold

521

Delivery Expense

522

Advertising Expense

524

Depreciation Expense-Store Equipment

525

Depreciation Expense-Office Equipment

526

Salaries Expense

531

Rent Expense

533

Insurance Expense

534

Store Supplies Expense

535

Office Supplies Expense

536

Credit Card Expense

539

Miscellaneous Expense

710

Interest Expense

In: Accounting

would like a summary for this text below as the content is related to discrimination in...

would like a summary for this text below as the content is related to discrimination in the housing market.please you can write the a summary and typing and not write by hand,so that I can read and understand your answer clearly.BR.

1-In the field of discrimination, a number of different variants of surveys have been carried out. One study that we have been inspired by is Barto's study, In the first experiment we study ethnic discrimination in the rental market in the Czech Republic, a market with low selectivity. The study shows the tendency of different forms of discrimination in a group of everyday different markets, including the housing market. Such field trials had often, up to this point, used a personal approach where two testers, one from a majority group and one from a minority group, where they were matched based on their socio-economic characteristics and trained to act the same when interacting with housing. The empirical part as related to previous study, which uses minorities sounding names in applications, to estimate discrimination in the labor market (Jowell and Prescott-Clarke 1970, Bertrand and Mullainathan 2004) and the rental housing market (Ahmed and Hammarstedt 2008, Bosch, et al. 2010, Hanson and Hawley 2011). They consistently find that minority-sounding names lead to lower invitations to a job interview or apartment showing.
In the study Political science as the missing link in housing studies (2009), Bo Bengtsson highlights the difficulties of finding previously carried out research projects on housing policy. Only five research reports are found that describe the housing situation - a vanishingly small part of the total number of published articles. Bengtsson presents five hypotheses about possible explanations and preconceived notions that have influenced housing policy research and believes that all explanations have shortcomings and can therefore be questioned. Among other things, he examines the claim that the state has withdrawn as a player in housing issues and notes that housing, on the contrary, is still a current topic in the public debate, even among politicians. Bengtsson's major contribution to research consists of the fact that he clearly shows what political science as an academic discipline can bring to this area of ​​research.
An ethnic hierarchy can also be seen with regard to the segregation that exists in Sweden. A person's labor market situation explains part of the segregation, but since some groups of immigrants have a worse housing situation despite a better work situation, it is reasonable to conclude that the surrounding society's view of a person's physical character and culture affects their housing opportunities.

In: Economics

This assignment is about unemployment rate. Select an economy, it can be a country, a state,...

This assignment is about unemployment rate.

Select an economy, it can be a country, a state, a city (you can use the data of a US city or a US state, but not the US national data).

Find a chart of the unemployment rate of that economy over the years.

Highlight two periods which show significant changes of the unemployment rate, and discuss the underlying reasons for the changes.

Finally, discuss what we can learn from the unemployment data.

Remember to include links, graphs and pictures in your assignment.

I highlignt the question!!!!!!!

sample assignment

Hong Kong unemployment rate (1981 - 2017)

Unemployment rate remained low in early 1990’s, it even dropped below 2%. After Hong Kong was handed over from UK to China in 1997, unemployment rate rose significantly. It is caused by the Asian financial crisis starting in 1997. Stock market crashed and the fixed exchange rate between Hong Kong dollars and US dollars was challenged by international financial speculators. Together with the fall of housing prices, the wealth of Hong Kong people decreased significantly.

Hang Seng Index (Hong Kong stock market index)

In 2003, we observed another hike in unemployment rate which is due to the outbreak of a deadly epidemic, Severe Acute Respiratory Syndrome. Tourists did not come to Hong Kong, people dared not eat out at restaurants. Unemployment rate jumped to over 8%.

A subway with just a few passengers during SARS epidemic in 2003.

High unemployment rate, deadly epidemic and ineffectual response by the government caused a massive protest in 2003. Over 1 million people went on to street to protest. Given a population of less than 7 million, the public protest is the greatest in the history of Hong Kong.

What can we learn from the unemployment rate data?

The unemployment during the downturn of the economy is mostly cyclical unemployment. A small economy like Hong Kong is particularly vulnerable to shocks, like the financial crisis in 1997 and the epidemic in 2003.

Unemployment rate is the most important indicator watched over by the government, as the public can feel the significance of a high unemployment rate. Meanwhile, the public may not feel so much about a higher GDP growth.

Government works hard to keep the unemployment rate low. Too high the unemployment rate can result in mass protest, which may lead to political unrest if it is not handled properly. Political stability is highly related to low unemployment rate

In: Economics

A round composite bar is used to conduct heat. It is held at 600K at one...

A round composite bar is used to conduct heat. It is held at 600K at one end and 1000K at the other end but all other surfaces are insulated. The two end pieces of the bar are Stainless Steel (AISI304), and the middle piece is Copper. The length of each piece of the bar is 0.2m (total length is 0.6m) and the diameter is 0.07m.

A) Change the middle piece of the round bar to stainless steel to make the bar of uniform material. Change the boundary conditions to make this bar a fin with a constant base temperature and with an insulated end. Apply convection at all cylindrical surfaces except the base and the tip. The convection coefficient, h = 50 W/(m2·K), and fluid temperature of T = 300K. Plot the temperature

B) Plot the analytical solution of the temperature distribution for this fin versus the fin length (T vs x). Include your hand calculations.

In: Mechanical Engineering

Wrap up this semester course and what you have learned in this course Human Services and...

Wrap up this semester course and what you have learned in this course Human Services and Helping Process

  • Module 1- Are the Helping Professions for You?
  • Module 2: The Helper – Professional Identity  
  • Module 3: Understanding Diversity. Self-Reflection Paper Due.
  • Module 4: Concerns of Beginning Helpers
  • Module 5: The Helping   Process. First Study Journal Due (Modules 1-5)
  • Module 6: Applying Theory to Practice
  • Module 7: Ethical and    Legal    Issues. Case Study Assignment Due
  • Module 8: Managing Boundary Issues. Agency Contact Identified for Final Due.
  • Module 9: Working with Groups & in the Community  
  • Module 10: Stress, Burnout and    Self Care. Agency Report Due
  • Module 11: Managing Crisis. Final Study Journal Due (Modules 6-11)
  • Module 12: Wrap up! You made it!

In: Psychology

Consider a large plate of thickness 50 mm and thermal conductivity of k= 69 W/m.C in...

Consider a large plate of thickness 50 mm and thermal conductivity of k= 69 W/m.C in which heat is generated uniformly at a constant rate of 600 kW/m3. One side of the plate is insulated while the other side is subjected to convection to the environment at 30oC with a heat transfer coefficient of h= 94 W/m^2.C. considering six equal spaced nodes with a nodal spacing of 10 mm:

(a) obtain the Finite Difference formulation of this problem,

(b) determine the nodal temperature under steady conditions by solving those equations (MANUALLY),

(c) repeat (b) by solving the equations using any software available,

(d) obtain the analytical solution of the temperature variation by applying Boundary Conditions, (e) sketch ONE graph showing the temperature value of those nodes that obtained from part b and d

In: Mechanical Engineering

Answer parts A-D to receive full credit for number 1: A. Which of the following is...

Answer parts A-D to receive full credit for number 1:

A. Which of the following is most accurate concerning the external ear?

  1. The auricle is designed to sort waves by frequency before they reaching the external acoustic means

  2. The external acoustic meatus direct sound waves towards the oval window

  3. The external acoustic meatus lacks glands but has thick hairs that serve to protect the ear

  4. The external acoustic meatus serves as a barrier to airborne particles

  5. The tympanic membrane serves as the boundary between the external ear and middle ear

B. Which one is found in the inner ear:

  1. Acoustic mucus

  2. Eustachian tube

  3. Ossicles

  4. Scala vestibuli

  5. Tympanic membrane

C. Which of the following do preganglionic axons of the ANNS release?

  1. Acetylcholine

  2. Dopamine

  3. Epinephrine

  4. Norepinephrine

  5. Serotonin

D. The muscles that regulate the passage of light into the eye are found in _____

  1. Cornea

  2. Lens

  3. Iris

  4. Pupil

  5. Retina

In: Anatomy and Physiology

On October 8th 2020, a CBC article was published that detailed the investment of public funds...

On October 8th 2020, a CBC article was published that detailed the investment of public funds by both the governments of Canada and Ontario into Ford Motor Company to help them upgrade their Oakville plant for the production of electric vehicles. This upgrade will make the Oakville plant Ford’s largest electric vehicle factory in North America. Both governments described their investment as a “win-win” because they promote employment, technology innovation and “our transition to a low-carbon, clean-growth economy.”

a) Perhaps Ford Motor Company’s decision to accelerate their capacity to manufacture electric vehicles signals their understanding of planetary boundaries. If this were the case, and drawing on concepts from class on business and the natural world, how would electric vehicle production lessen the stress on any specific planetary boundary, and would this strategic shift reflect an adaptation strategy, a mitigation strategy, or both? Explain.

In: Accounting