6) Define the following terms and provide three examples of

:

primary aging

changes and

secondary aging

changes. Define

tertiary aging

.

7) Compare and contrast a cross-sectional design and a longitudinal design. What are the advantages

and limitations of each for determining aging effects? Be prepared to draw a diagram of an example of

each design.

examples of changes in approaches to how and where employees work because of the coronavirus (e.g., telecommuting, job sharing etc). Illustrate with examples from specific companies.examples of changes in approaches to how and where employees work because of the coronavirus (e.g., telecommuting, job sharing etc). Illustrate with examples from specific companies.

describe the life functions organism need to perform, give an example of an organ system and how it works to maintain homeostasis and/or metabolic functions; explain how the nervous and/or hormonal systems coordinate and control the other body systems and why it is important; give examples of physiological and behavioral changes that can respond to changes in the environment

Construct an example and solve with Supply and Demand analysis one of each of the following. Name and graph the market of analysis and contingent markets, if any.

1. Consumers' expectations change.

2. The price of an input to production changes.

3. There is a change in production technology.

4. The number of sellers changes.

5. Sellers' expectations change.

Suppose that the demand for real money balances depends on disposable income. That is, the money demand function is M/P = (Y-T) - k(r+Eπ). Using the IS-LM model, discuss whether this change in the money demand function alters the following:

a. The analysis of changes in government purchases.

b. The analysis of changes in taxes.

Part A: Describe changes in patterns of drug abuse in the United States since the 1960’s. In your discussion, choose two drugs (one legal, one illegal) and discuss specific changes in use patterns over time. Discuss the impact (e.g., social, cultural, financial, etc.) of these changing patterns on society.

A publically traded company more than doubled its EPS by changing depreciation methods. In justifying the change, management supported the change as follows: In comparison to direct competitors, the previous depreciation method was more conservative and thus had a negative impact on earnings.

Although difficult to prove, there is considerable evidence that accounting changes are made for reasons other than improved financial reporting. GAAP are flexible in the initial selection of accounting methods and in making subsequent changes. However, the accounting standards specifically require that only changes to preferable accounting methods be made.

Does this violate GAAP? Is this ethical? What would be an alternative course of action?

Suppose that the lump-sum and the proportional tax systems coexist in the economy. Consider the following fiscal policy changes: the government increases the labor income tax rate and gives the money back to the consumer through a decrease in lump-sum tax in a way that an increase in consumer’s labor income tax amount and a decrease in lumpsum tax amount offset each other. Are consumer’s optimal choices affected by these fiscal policy changes? Explain why or why not. (Note: There are opposing effects working in this example. For full credit, you should explain how each effect works on the changes in optimal c and l, followed by the total effect.)

1. In general, derivative instruments are

a. Not reported in a company's balance sheet, because their impact on the company is not yet known

b. Reported in the balance sheet at fair value and changes in their fair value are reported in earnings

c. Reported in the balance sheet at historical cost and changes in their fair value are reported in earnings

d. Reported in the balance sheet at fair value and changes In they fair value are reported in other comprehensive income

2. A company can accomplish off-balance sheet financing using all of the following except

a. Operating leases

b. Zero-coupon bonds

c. Special purpose entities

d. All of the above

A publically traded company more than doubled its EPS by changing depreciation methods. In justifying the change, management supported the change as follows: In comparison to direct competitors, the previous depreciation method was more conservative and thus had a negative impact on earnings. Although difficult to prove, there is considerable evidence that accounting changes are made for reasons other than improved financial reporting. GAAP are flexible in the initial selection of accounting methods and in making subsequent changes. However, the accounting standards specifically require that only changes to preferable accounting methods be made. Does this violate GAAP? Is this ethical? What would be an alternative course of action?