International Financial Reporting Standards (IFRS) are being used in over 100 countries worldwide. A news article states that generally accepted accounting principles in the United States have worked well for more than 100 years. The article says that when something is not broken, do not fix it. Is U.S. GAAP broken? How would U.S. companies benefit if the United States adopts International Financial Reporting Standards? Search the Internet for news articles to support your answer.
In: Accounting
(1) Please find the percentages for C, I, G, and Xn for the United states for 2019 In 2019, U.S. GDP was 70% personal consumption, 18% business investment, 17% government spending, and negative 5% net exports.
(2) Please draw Aggregate Demand, Short Run Aggregate Supply, and Long Run Aggregate Supply as if an economy is in both short run and long run equilibrium.
(3) Suppose the United States government decides to add solar panels to federal government buildings. Show how this will affect the model starting from (2) above (assuming the model represents the United States). What happens to GDP, The Price Level, and Potential Output? Is the economy in a recessionary gap or an inflationary gap?
(4) Explain in detail and show graphically how the economy will naturally return to long run equilibrium after the event from (3) above.
(5) Suppose Canada stopped purchasing beer from the United States. Show how this will affect the model starting from (2) above (assuming the model represents the United States). What happens to GDP, The Price Level, and Potential Output? Is the economy in a recessionary gap or an inflationary gap? (6) Can you explain in detail and show graphically how the economy will naturally return to long run equilibrium after the event from (5) above.
In: Economics
Is the long term survival of the United States economy at risk because of the United States government’s level of debt and the amount of the debt held by foreign entities such as China? Why or why not?
no less than 250 words in length, make at least one reference to your text or other course materials and provide in-text citations. As you reference information from a source, be sure to provide APA citations in text and at the end of your post.
In: Economics
a. “Industrialised countries such as the United States of America, Germany, France and the United Kingdom dominate world trade.” Can you relate this statement with one of the recent theories/models of international trade which predicts that more trade will take place between similar countries? What assumptions of the factor proportions model does this theory violate? Explain your answers.
In: Economics
Which of the following would cause the demand curve to shift from Demand C to Demand A in the market for tennis balls in the United States?
Group of answer choices
an expectation by buyers that their incomes will increase in the very near future
a decrease in the price of tennis racquets
an increase in the price of tennis balls
a decrease in the number of people in the United States under age 70
In: Economics
What is the non-profit sector and what is it's importance in the United States? What is the present size and scope? List 3-5 key trends in the non-profit sector that have changed in the last decade. What are the present recommendations on key policy issues for the non-profit sector to continue to strengthen its impact on key issues in the United States?
In: Economics
Franklin’s famous phrase that the United States was “a Republic, Madam, if you can keep it” suggests that citizens have a key role in sustaining American democracy. Have American citizens “kept the republic”? Would Franklin argue that we have succeeded in this effort? Why or why not? What do you think is the government's role in helping the United States "keep the republic"?
In: Economics
Franklin’s famous phrase that the United States was “a Republic, Madam, if you can keep it” suggests that citizens have a key role in sustaining American democracy. Have American citizens “kept the republic”? Would Franklin argue that we have succeeded in this effort? Why or why not? What do you think is the government's role in helping the United States "keep the republic"?
In: Economics
Many service-sector jobs in the United States have moved to other countries where these jobs are done at a fraction of the cost. The outsourcing of jobs overseas is heavily debated by politicians, policymakers, and economists in the United States. Based on your understanding of trade and the benefits and losses from trade, how do you think outsourcing affects social surplus in the domestic economy?
In: Economics
Explain how the body reacts to the foreign material causing Malaria. Does it use innate immunity or adaptive immunity to fight it off? Is it active or passive immunity? How does the immune response work? What is the death rate for the disease in Africa versus the United States? Is there a vaccine for the disease? If so, is it frequently used in Africa? Is the vaccine used in the United States?
In: Nursing