1.Identify two different stock exchanges in the United States. Describe the similarities and differences between the two stock exchanges. Identify one stock from each of the two stock exchanges.

2.Using the two stocks you identified, determine the free cash flow from 2015 and 2016. What inference can you draw from the companies’ free cash flow?

3.Using the 2017 and 2018 financial statements for both stocks, prepare two financial ratios for each of the following categories: liquidity ratios, asset management ratios, and profitability ratios. You should have a total of six ratios for each stock, per year. What challenges, strengths, or weaknesses do you see?

Even though some countries, such as the United States, have large amounts of resources, economists still regards resources as "scarce." The reasoning behind this concept of scarcity is that, no matter how many resources a country has, it is always the case that

Question 11 options:

Assume the economy in the United States has a break-even point of $4,500 billion. Businesses plan to Invest $78 billion. Government purchases $864 billion worth of goods and services. Exports are $458 billion. Imports are $432 billion and Net Exports is $26 billion. For every one dollar change in disposable income, households spend 75 cents. The labor force in this economy is 154,432,000. The population is 265,752,000. 9,765,000 people are not working but actively seeking work.

1. By how much should Government increase (or reduce) spending to close the GDP Gap?
2. EXPLAIN what could happen to make the policy ineffective? (Choose one complication from the Problems, Criticisms, and Complications of Implementing Fiscal Policy)

Suppose it is 2030 and two large food processing firms have established facilities in United States. These companies have invested in state-of-the-art processing facilities for a range of new vegetable and greenhouse fruit crops and are targeting high value markets with an emphasis on freshness and quality. Farmers have been encouraged to diversify into these horticultural crops, making long-term commitments through the construction of greenhouses, produce washing stations, etc. The food processing firms will only source product from ‘preferred suppliers’ and require producers to sign a contract to be on the preferred supplier list.
Discuss the economic functions of a contract in this situation and explain how information asymmetry, risk aversion, asset specificity, and hold-up are relevant considerations in the design of efficient contracts. Discuss the advantages and disadvantages of different types of contractual arrangement from the perspective of the processor and of producers.

7. Citizens in the United States buy televisions from Japan. To do so they use U.S. dollars to purchase Japanese yen. If Japanese citizens hold these U.S. dollars rather than spending them, what happens to Japan’s net exports and Japan’s net capital outflows?
A. both net exports and net capital outflow fall in Japan
B. both net exports and net capital outflow rise in Japan
C. net exports rise in Japan and net capital outflow falls in Japan
D. net exports fall in Japan and net capital outflow rises in Japan
E. net exports fall in Japan and net capital outflow remains the same in Japan

10. Which of the following statements is (are) correct?
(x) Net capital outflow is always less than net exports if the country has a trade deficit.
(y) If S = I + NCO, then I = S – NCO
(z) If saving is greater than domestic investment, then NCO is greater than net exports.
A. (x), (y) and (z)
B. (x) and (y) only
C. (x) and (z) only
D. (y) and (z) only
E. (y) only

16. In which of the following situations must national saving rise?
(x) Both domestic investment and net capital outflow increase.
(y) Domestic investment increases and net capital outflow decreases.
(z) Domestic investment is unchanged and net capital outflow increases.
A. (x), (y) and (z)
B. (x) and (y) only
C. (x) and (z) only
D. (y) and (z) only
E. (z) only

1. Consider two alternative reforms to the Disability Insurance (DI) system in the United States.

• Pay different DI benefits for different types of disabilities (e.g., you get 30% of benefits if you have an injured back and 50% of benefits if are paralyzed).
• Amplify the stigma associated with receipt of social insurance, by enforcing a requirement that individuals receiving DI have a sign that declares “Mooch on Society” planted on the recipient’s lawn.

1. Explain the rationale behind each proposal using the concepts of consumption smoothing and moral hazard.
2. Explain the downside of each proposal.

ABC Insurance Company insures properties along the Gulf Coast of the United States. Statutory reserves are liabilities that the insurance company is legally required to maintain on its balance sheet with respect to expected future claims against the company for insured losses. To assist ABC in setting its reserves, we are asked to provide actuarial guidance. Given that the historical average rate of occurrence of a major hurricane along the Gulf Coast is two per year, find the following:

1. The probability of 3 major hurricanes in a year.
2. The probability of at least 2 major hurricanes in a year.
3. The probability of less than 5 major hurricanes in five years.

(15.28) Almost all medical schools in the United States require students to take the Medical College Admission Test (MCAT). To estimate the mean score μ of those who took the MCAT on your campus, you will obtain the scores of an SRS of students. The scores follow a Normal distribution, and from published information you know that the standard deviation is 6.5. Suppose that (unknown to you) the mean score of those taking the MCAT on your campus is 24. In answering the following, use z-scores rounded to two decimal places. If you choose one student at random, what is the probability (±0.0001) that the student's score is between 20 and 30? You sample 27 students. What is the standard deviation (±0.01) of sampling distribution of their average score x¯¯¯? What is the probability (±0.0001) that the mean score of your sample is between 20 and 30?

Suppose the preliteracy scores of three-year-old students in the United States are normally distributed. Shelia, a preschool teacher, wants to estimate the mean score on preliteracy tests for the population of three-year-olds. She draws a simple random sample of 20 students from her class of three-year-olds and records their preliteracy scores (in points).

80,81,89,90,91,91,91,94,95,95,95,101,101,102,102,104,104,108,109,11180,81,89,90,91,91,91,94,95,95,95,101,101,102,102,104,104,108,109,111

Click to download the data in your preferred format.  

CrunchIt!    CSV   Excel   JMP   Mac Text    Minitab   PC Text   R   SPSS   TI Calc  

Calculate the sample mean (?⎯⎯⎯x¯), sample standard deviation (?s), and standard error (SE) of the students' scores. Round your answers to four decimal places.

Determine the ?t-critical value (?t) and margin of error (?m) for a 90% confidence interval. Round your answers to three decimal places.

What are the lower and upper limits of a 90% confidence interval? Round your answers to three decimal places.

?⎯⎯⎯=x¯=

?=s=

?t =

SE=SE=

?m =

lower limit:

upper limit:

Which is the correct interpretation of the confidence interval?

There is a 90% chance that the population mean is between 93.350 points and 100.050 points.

Shelia is 90% confident that the true population mean is between 93.350 points and 100.050 points.

Shelia is 90% confident that the true population mean is between 95.513 points and 99.887 points.

Shelia is certain that the true population mean is between 93.350 points and 100.050 points.

There is a 90% chance that the true population mean is between 95.513 points and 99.887 points.