The market for iron is perfectly competitive and all existing producers and potential entrants are identical. Consider the following information about the price of iron.
Between 2000 and 2005, the market price was stable at $2/pound.
In the first three months of 2006, the market price doubled reaching $4/pound, where it stayed for the remainder of 2006.
Throughout 2007 and 2008, the price declined, eventually reaching $2/pound by the end of 2008. Between 2008 and 2012, the price remained stable at $2/pound.
Assume that technology has not changed and that input prices have remained constant over the period. Using ONLY words, explain this pricing pattern over the period.
In: Economics
Case Study- The hospice nurse sat with Ann's husband, Ben. Ann was resting quietly as the increased dosage of IV pain medication gradually reached its therapeutic level. Ben turned his head and slowly turned, looking out the room's only window. As he glanced up, a small flicker of light caught his breath. It was a shooting star. A tear fell from the corner of his eye and he turned to Ann. The nurse sensed that something significant to Ann and Ben was unfolding. Shuffling to Ann's bedside, he took her small fragile hand in his. These hands had rocked cradles, burped babies, and groomed the horses she loved to ride. Gently holding her hand, he turned to the nurse. "She would ride like the wind was chasing her." Looking back to Ann his voice broke; choking back tears "Ann, Ann I saw Jessie…Jessie is calling." Ben turned "Jessie was our daughter. She died having a baby that was too big. When she died it was a pitch-black night. Cold, so cold, the baby died too, a little boy, named him Abe, Jr. after Jessie's husband. I took Ann outside so she could cry to God above and there in this dark sky we saw two falling stars…together…just falling. We knew it had to be Jessie and Abe…two angels to light up the night." Ben turned back as a deep sigh escaped from Ann's lips. A soft smile remained as she joined Jessie and Abe.
In: Nursing
Case Study
The hospice nurse sat with Ann's husband, Ben. Ann was resting quietly as the increased dosage of IV pain medication gradually reached its therapeutic level. Ben turned his head and slowly turned, looking out the room's only window. As he glanced up, a small flicker of light caught his breath. It was a shooting star. A tear fell from the corner of his eye and he turned to Ann. The nurse sensed that something significant to Ann and Ben was unfolding. Shuffling to Ann's bedside, he took her small fragile hand in his. These hands had rocked cradles, burped babies, and groomed the horses she loved to ride. Gently holding her hand, he turned to the nurse. "She would ride like the wind was chasing her." Looking back to Ann his voice broke; choking back tears "Ann, Ann I saw Jessie…Jessie is calling." Ben turned "Jessie was our daughter. She died having a baby that was too big. When she died it was a pitch-black night. Cold, so cold, the baby died too, a little boy, named him Abe, Jr. after Jessie's husband. I took Ann outside so she could cry to God above and there in this dark sky we saw two falling stars…together…just falling. We knew it had to be Jessie and Abe…two angels to light up the night." Ben turned back as a deep sigh escaped from Ann's lips. A soft smile remained as she joined Jessie and Abe.
In: Nursing
Fill in the blanks for the following questions (Possible answers have been provided after each blank)
In terms of the Federal income and transfer taxes,
identify what is accomplished in the following disclaimer
situations occurring in 2017.
a. Lester dies without a will and is survived by a daughter, Nora,
and a grandson, Nick. The major asset in Lester's estate is stock
worth $3,500,000. Because Nora is already well-off and in ill
health, she disclaims Lester's property.
By disclaiming her interest, Nora is able to pass the property to
Nick free of any gift tax. __ (True/False)
b. Under her will, Audrey's estate is to pass $6,000,000 to her
son, Raymond, and the $3,000,000 remainder to her husband, George.
Raymond disclaims $510,000 of his inheritance.
Raymond's disclaimer __ (does not prevent/prevents) $510,000 from
being subject to estate tax. As the $510,000 now passes to __
(George/Raymond), it __ (is not qualified/qualifies) for the
marital deduction.
c. Under Isaac's will, $4,000,000 is to pass to his wife Brenda,
and the $5,400,000 remainder to his daughter Sybil. Brenda
disclaims $90,000 of her inheritance.
Brenda's disclaimer __ (is subject to a/passes free of any)
transfer tax and it __ (increases/reduces) the marital deduction
allowed to Isaac's estate.
d. Under Tricia's will, her $3,000,000 cubist art collection is to
pass to her husband, Leroy. If Leroy disclaims the collection, it
passes to the San Francisco Museum of Modern Art. Leroy neither
understands nor admires this type of art.
Leroy should __ (accept/reject) the collection and __ (have it
directly transfer/subsequently transfer it) to the museum. In this
manner, Leroy generates __ (an income tax deduction/taxable income)
.
In: Accounting
Case Study
Angelica is 42 and has a newborn baby. Angelica also has a physical disability that makes it very difficult and unsafe for her to bathe her baby. Angelica rings her local council for help but they say they don’t provide such a service. Angelica does not want anyone to know she is having trouble because she is worried that someone will decide her baby will need to be taken from her and cared for by someone else. Angelica has been supported in the past by a disability services agency but after she married she decided she did not require this support anymore. Her husband is now working away from home for three weeks out of each month. Angelica particularly does not want her husband to know she is having difficulties as she says he finds FIFO work very stressful and she does not want to add to this. Angelica’s mother has offered to help, but Angelica says her mother was very much against her marriage and did not want her to have a child, so she is reluctant to accept help from her mother. Angelica has contacted her local community center for help and advice. A support worker is visiting Angelica at home. Angelica’s mother has contacted the worker to express her concerns for the safety of the newborn child.
Question
1. What is the purpose of child protection legislation in health and community services contexts? How does it apply to Angelica’s situation? (Approx. 80 words).
2. Describe the indicators that Angelica’s newborn child might be at risk in this situation. (Approx. 60 words).
3. What is meant by adult disclosure? Does it apply in this scenario? (Approx. 80 words).
In: Nursing
You have been hired to produce a family tree for three generations of a family where a disorder called sneezer syndrome is observed. People who suffer from sneezer syndrome sneeze when they smell peppermint. In order to draw a pedigree chart for this family, you interview Mike and Annie. Neither suffer from sneezer syndrome. Annie’s mother is normal, while Annie’s father sneezed at the smell of peppermint. Annie has one sister and one brother and her sister is a sneezer. While Annie’s sister has yet to have kids, her brother married a sneezer. Mike’s mother is a sneezer while his father is normal. Mike’s brother is just like their mother. In addition, this brother married a sneezer. Mike’s sister is normal - as is her husband and their one boy.
draw a pedigree chart (one point). Use the letters A and a. If more than one genotype is possible for an individual - you may write it as A with a dash - e.g. A-
Use your pedigree chart to answer the following questions (four points):
a. Annie’s brother and his wife have two kids – a sneezing boy and a normal girl. What are their genotypes ?
boy -
girl -
b. What are the genotypes of Mike’s brother-in-law (his sister’s husband) and their boy?
brother-in-law -
his son -
c. Mike and Annie have two girls and a boy. The boy and one girl are normal. What are the genotypes of their three kids?
boy -
girl 1 -
girl 2 -
d. Mike and Annie want a 4th child. What is the chance that this child will be a boy who is a sneezer. Write your answer as a reduced fraction - e.g. 1/8.
In: Biology
1.Suppose a student is trying to construct a rejection region with an area of 0.05 in the right tail. What critical value should she use?
2. A researcher wants to test to see if husbands are significantly older than their wives. To do this, he collects the ages of husbands and pairs them with the ages of their respective wives for a random set of married couples. Suppose that data were collected for a random sample of 12 couples, where each difference is calculated by subtracting the age of the wife from the age of the husband. Assume that the ages are normally distributed. The test statistic is t≈1.434, α=0.05, the corresponding rejection region is t>1.796, the null hypothesis is H0:μd=0, and the alternative hypothesis is Ha:μd>0.
Which of the following statements are accurate for this hypothesis test in order to evaluate the claim that the true mean difference between the age of the husband and the age of the wife is greater than zero?
3.A data analytics firm hired by a Republican candidate running for political office wants to test whether its practices were successful in increasing voter turnout among registered Republicans. Suppose that data were collected for a randomly selected set of 10 cities, where each difference is calculated by subtracting the percent voter turnout before the candidate ran for office from the percent voter turnout from after the election. Assume that the populations are normally distributed. Using a test statistic of t≈5.412, the significance level α=0.05, and the corresponding p-value less than 0.01, draw a conclusion for the appropriate hypothesis test, where the null hypothesis is H0:μd=0 and the alternative hypothesis is Ha:μd>0.
In: Statistics and Probability
Mrs. Jansen is a Roman Catholic Christian 58-year-old schoolteacher. Six weeks ago, she suffered a stroke that left her with severe deficits. Her doctor told her family that due to her injury, she will be unable to walk on her own, feed herself, or be independent from full assistance for the remainder of her life. She remains in the hospital and has not communicated with her family in any way since the stroke. She is breathing on her own but will most likely experience unpredictable bouts of respiratory distress for the rest of her life, requiring future mechanical ventilation. She is receiving nutrients through a feeding tube, which was surgically inserted in her stomach.
Her husband wants the doctor to remove the feeding tube and permit the effects of the stroke to take their natural course. He is sure that this is what his wife would want, especially considering the grim diagnosis. He knows this not only from what she has told him in the past but also because of her free and independent character. He believes that she would not want to live like this. The doctor is not comfortable removing the feeding tube because she believes it to be necessary to sustain life.
Questions to consider in the case study:
In: Biology
Olivia is now 23 years old and four months pregnant. One year ago she married a young man named Jon. Their relationship has been turbulent from the start, but ever since the pregnancy and Olivia beginning to show, Jon has been increasingly controlling of the household finances as well as where Olivia goes, who she is with, and who she talks to. Jon appears to be isolating Olivia from her friends and family. He is often distant and stern with her, while Olivia tries to be the “perfect wife.” Jon is hypervigilant when he is at home. Olivia is not happy in the marriage, but when her best friend, Helena, said to her over the phone that she thought Jon was abusive, Olivia defended him and said that she would never leave since she had no place to go and no access to money. Olivia also added that Jon does not hit her or call her names, so he is not really abusing her and she guesses all will be OK. Olivia and Jon are a Mormon couple, and divorce is highly frowned upon by their faith and their families..
Do you feel that Jon is an abusive husband? Defend your answer based on the literature.
Is Olivia showing signs of battered woman syndrome? Explain.
How might Olivia's psychosocial or cognitive development play a role in this scenario?
Compare and contrast the many ways this scenario would be different if Olivia were abusing Jon instead of him abusing her. Differentiate how Jon would be viewed by society as an abused husband versus how Olivia would be viewed by society as an abused wife.
In: Psychology
Olivia is now 23 years old and four months pregnant. One year ago she married a young man named Jon. Their relationship has been turbulent from the start, but ever since the pregnancy and Olivia beginning to show, Jon has been increasingly controlling of the household finances as well as where Olivia goes, who she is with, and who she talks to. Jon appears to be isolating Olivia from her friends and family. He is often distant and stern with her, while Olivia tries to be the “perfect wife.” Jon is hypervigilant when he is at home. Olivia is not happy in the marriage, but when her best friend, Helena, said to her over the phone that she thought Jon was abusive, Olivia defended him and said that she would never leave since she had no place to go and no access to money. Olivia also added that Jon does not hit her or call her names, so he is not really abusing her and she guesses all will be OK.
Olivia and Jon are a Mormon couple, and divorce is highly frowned upon by their faith and their families..
Do you feel that Jon is an abusive husband? Defend your answer based on the literature.
Is Olivia showing signs of battered woman syndrome? Explain.
How might Olivia's psychosocial or cognitive development play a role in this scenario?
Compare and contrast the many ways this scenario would be different if Olivia were abusing Jon instead of him abusing her. Differentiate how Jon would be viewed by society as an abused husband versus how Olivia would be viewed by society as an abused wife.
In: Psychology