Consider the following endothermic equilibrium system in a closed container. In which direction will the equilibrium shift with each of the disturbances listed below? HCO3-(s) + HC2H3O2 (aq) ↔ C2H3O2-(aq) + H2O (aq) + CO2 (g)

a. adding CO2 (g) .

b. adding NaOH (aq) .

c. adding H+ (aq) .

d. placing it in an ice bath.

e. opening the container.

Statement of Partnership Liquidation

After the accounts are closed on April 10, prior to liquidating the partnership, the capital accounts of Zach Fairchild, Austin Lowes, and Amber Howard are $37,400, $6,600, and $29,700, respectively. Cash and noncash assets total $9,600 and $74,100, respectively. Amounts owed to creditors total $10,000. The partners share income and losses in the ratio of 1:1:2. Between April 10 and April 30, the noncash assets are sold for $39,300, the partner with the capital deficiency pays the deficiency to the partnership, and the liabilities are paid.

Required:

1. Prepare a statement of partnership liquidation, indicating (a) the sale of assets and division of loss, (b) the payment of liabilities, (c) the receipt of the deficiency (from the appropriate partner), and (d) the distribution of cash.

Enter any subtractions (balance deficiencies, payments, cash distributions, divisions of loss, sale of assets) as negative numbers using a minus sign. If there is no amount or an amount is zero, enter "0".

2. Assume the partner with the capital deficiency declares bankruptcy and is unable to pay the deficiency.

a. Journalize the entry to allocate the partner's deficiency. For a compound transaction, if an amount box does not require an entry, leave it blank.

b. Journalize the entry to distribute the remaining cash. For a compound transaction, if an amount box does not require an entry, leave it blank.

N atoms of an ideal gas are contained in a cylinder with insulating (adiabatic) walls, closed at one end by a piston.The initial volume is Vi and the initial temperature is Ti. Find the change in temperature, pressure and entropy that would occur if the volume were suddenly increased to Vf by withdrawing the piston (Vf > Vi).

Calculate the mole fraction when a sample of propane (C3H8) is placed in a closed vessel together with an amount of O2 that is 2.15 times the amount needed to completely oxidize the propane to CO2 and H2O at constant temperature. Assume all chemical species are in the gaseous phase.

Consider a closed economy in which the population grows at the rate of 1% per year. The per-worker production function is y = 6 * ((K)^0.5), where y is output per worker and k is capital per worker. The depreciation rate of capital d is 14% per year.

a. Households consume 90% of income and save the remaining 10% of income. There is no government. What are the steady-state values of capital per worker, output per worker, consumption per worker, and investment per worker?

b. Suppose that the country wants to increase its steady state value of output per worker. What steady-state value of the capital-labor ratio is needed to double the steady-state value of output per capita? What fraction of income would households have to save to achieve a steady-state level of output per worker that is twice as high as in part (a)?

N atoms of an ideal gas are contained in a cylinder with insulating (adiabatic) walls, closed at one end by a piston.The initial volume is Vi and the initial temperature is Ti . Find the change in temperature, pressure and entropy that would occur if the volume were suddenly increased to Vf by withdrawing the piston (Vf > Vi).

Consider the following IS-LM model in a closed economy:

C = 335 + 0.3YD

I = 130 + 0.15Y − 850i

G = 350

T = 245

i = 0.04

M/P = 3.6Y − 9,250i

a. Suppose Government increased the taxes. Show the impact of this policy on IS-LM graph in Short-Run. Be explicit about the assumptions you make (which variables do not change in IS-LM relation in Short Run, which ones increase/decrease). You do not need to show exact numbers on graph, symbols are enough

b. Suppose now we are in Medium Run and the Central Bank applies an ’expansionary monetary policy’. Show the impact of this policy on IS-LM graph (not money supply money demand graph). Explain which variables in the model does not change/increases/ decreases. Explain the steps leading to these consequences. You do not need to show exact numbers on graph, symbols are enough

The following table contains data for a hypothetical closed economy that uses the dollar as its currency.

Suppose GDP in this country is $320 million. Enter the amount for government purchases.

Complete the following table by using national income accounting identities to calculate national saving. In your calculations, use data from the preceding table.

Complete the following table by using national income accounting identities to calculate private and public saving. In your calculations, use data from the initial table.

Based on your calculations, the government is running a budget .