Why is homelessness such an issue for San Francisco if it is an innovation hub?

San Francisco has been a technology innovation hot spot since the 1940s when William Shockley helped boost the economy through his invention of the transistor. This new technology was the seed that helped San Francisco's technology industry blossom into what it is today. As we learned from The New Geography of Jobs by Enrico Moretti, San Francisco is home to some of the biggest names in technology like, Google, Apple, Yahoo, Zynga, and Yelp. It is safe to assume that there is a significant amount of individuals with college degrees living and working here, so why is the homeless rate so high?

In 2019 San Francisco reported a population of 17,595 homeless people living in the city. This was a 30% surge since 2017 (Cowan, 2019). This is also likely to be an underestimate as calculating a homeless population is extremely difficult. One would think, if there are so many high skilled, high tech jobs, the multiplier effect would create a massive amount of lower skilled jobs. What might else might be leading to this high level of homelessness?

1. A deficit in the overall balance of payments of a nation generally is an indication that:

a. the country’s monetary authority is selling foreign currency.

b. the country’s monetary authority is buying foreign currency.

c. the country’s monetary authority is buying domestic government bonds.

d. the country’s monetary authority is selling domestic currency.

2. Which of the following is an immediate effect of an increase in money supply by the European Central Bank by 10 percent?

a. There will be an inflow of foreign capital in the countries belonging to the European Union.

b. The expected exchange rate value of the foreign currencies vis-à-vis the Euro will increase.

c. The interest rate in the EU countries will increase.

d. The product prices in the EU countries will decline drastically.

3. If the marginal propensity to save is 0.3 and the marginal propensity to import is 0.2, then value of the simple spending multiplier is:

      a. 2.0.

      b. 0.5.

      c.1.5.

      d.0.1.

4. If the marginal propensity to save is 0.3 and the marginal propensity to import is 0.1, and the government increases expenditures by $10 billion, ignoring foreign-income repercussions, how much will GDP rise?

      a. $20 billion.

      b. $10 billion.

      c. $25 billion.

d. $15 billion.

5. Equilibrium GDP in the short-run is determined at the point where:

       a. gross domestic production equals aggregate demand.

       b.domestic production equals domestic consumption.

       c.imports equal exports.

       d. the rate of unemployment equals zero.

6. Real domestic investment spending is:

a. positively related to the marginal propensity to consume.

b. negatively related to the level of interest rates in the economy.

c. positively related to government spending.

d. negatively related to the exchange rate.

7. The greater the marginal propensity to import:

a. the smaller the spending multiplier.

b. the greater the level of investment.

c. the greater is the net export.

d. the smaller is the level of consumption.

8. Which of the following refers to foreign exchange?

a. The act of trading different nations’ moneys

b. The holdings of foreign assets

c. The act of exchanging goods and services internationally.

d. The adoption of foreign trade policies

9. An increase in the dollar per euro exchange rate will result in:

a. a decline in the quantity demanded for euro.

b. a decline in the quantity demanded for dollar.

c. an inward shift of the supply curve of euro.

d. an outward shift of the demand curve for dollar.

The volume of a microbial culture increases according to the formula:

V (cm^3) = 5 - 0.2 t e^t

Where t is the time in seconds. It is requested:

a. The units of the constants 5 and 0.2

b. Calculate the expression for V (in^3) in terms of t (h).

c. The exponential function and its argument must be non-dimensional. In appearance, the given function contradicts two rules and, however, is valid. Explain the paradox.

Tombro Industries is in the process of automating one of its plants and developing a flexible manufacturing system. The company is finding it necessary to make many changes in operating procedures. Progress has been slow, particularly in trying to develop new performance measures for the factory.

In an effort to evaluate performance and determine where improvements can be made, management has gathered the following data relating to activities over the last four months:

The president has read in industry journals that throughput time, MCE, and delivery cycle time are important measures of performance, but no one is sure how they are computed. You have been asked to assist the company, and you have gathered the following data relating to these measures:

Required:

1-a. Compute the throughput time for each month. (Round your answers to 1 decimal place.)

1-b. Compute the manufacturing cycle efficiency (MCE) for each month. (Round your answers to 1 decimal place.)

1-c. Compute the delivery cycle time for each month. (Round your answers to 1 decimal place.)

3-a. Refer to the inspection time, process time, and so forth, given for month 4. Assume that in month 5 the inspection time, process time, and so forth, are the same as for month 4, except that the company is able to completely eliminate the queue time during production using Lean Production. Compute the new throughput time and MCE. (Round your answers to 1 decimal place.)

3-b. Refer to the move time, process time, and so forth, given for month 4. Assume that in month 6 the inspection time, process time, and so forth, are the same as in month 4, except that the company is able to eliminate both the queue time during production and the inspection time using Lean Production. Compute the new throughput time and MCE.. (Round your answers to 1 decimal place.)

6.

a) Explain why adjustment to beta such as Blume’s and Vasicek’s are necessary.

b) Assume betas for two stocks A and B are estimated to be 1.6 and 0.7 respectively. Calculate adjusted betas by using Blume’s method.

Let H ≡ the number of punches landed by a boxer on her opponent. If H ~ BIN (20, 0.7), what is the probability that the average number of hits by a random sample of 55 boxers is between 13.7 and 14.5?

A population of components when testing high laboratory stresses fails according to a lognormal distribution with T50 = 5000 and σ = 0.7. What percentage of failures are expected at 2000 hours of testing?

Solve it in Minitab

Gale, McLean, and Lux are partners of Burgers and Brew Company with capital balances as follows: Gale, $91,000; McLean, $83,000; and Lux, $154,000. The partners share profit and losses in a 3:2:5 ratio. McLean decides to withdraw from the partnership. Prepare General Journal entries to record the May 1, 2017, withdrawal of McLean from the partnership under each of the following unrelated assumptions:

a. McLean sells his interest to Freedman for $175,000 after Gale and Lux approve the entry of Freedman as a partner (where McLean receives the cash personally from Freedman).

Record the admission of Freedman.

b. McLean gives his interest to a son-in-law, Park. Gale and Lux accept Park as a partner.

Record the admission of Park.

c. McLean is paid $83,000 in partnership cash for his equity.

Record withdrawal of McLean, where he is paid $83,000 in partnership cash for his equity.

d. McLean is paid $139,000 in partnership cash for his equity.

Record the withdrawal of McLean assuming, he is paid $139,000 in partnership cash for his equity.

e. McLean is paid $34,250 in partnership cash plus machinery that is recorded on the partnership books at $122,000 less accumulated depreciation of $90,000. (Round final answers to 2 decimal places.)

Record the withdrawal of McLean assuming, he is paid $34,250 in partnership cash plus machinery that is recorded on the partnership books at $122,000 less accumulated depreciation of $90,000.