Indicate whether the statement is TRUE or FALSE. 1. Eurobonds are dollar denominated bonds issued in the United States by a US Corporation. 2. Federal funds are generally short-term unsecured loans while repurchase agreements are shortterm secured loans. 3. An investor providing direct financing requires a financial intermediary to facilitate the transaction. 4. Bond markets and stock markets are examples of capital markets as these markets are involved in the trading of short and long-term securities. 5. Bonds issued with call provisions give the bondholder the opportunity to purchase common stock at a prespecified price up to a specified date. 6. A par value bond is a bond that trades at a value equal to its face value

1. What are the three economic questions that every society must answer? How are they typically answered in a mixed economy like the United States? Provide examples and explain your answer.
2. Economics assumes that people act rationally. What does this mean? Why is this assumption made? Provide examples and explain your answer.
3. What is the Law of Demand? Explain the difference between a change in demand and a change in the quantity demanded. Provide an example from the gasoline market.
4. Other than price, what are the determinants of supply? Provide three examples from the consumer market for gasoline.
5. What does market equilibrium mean? Provide two examples of how market equilibrium in the consumer market for gasoline market could change.

1. What makes the binomial distribution unique? What are its characteristics?

Give a real-world example of a distribution of data that would be considered binomial.

2. Solve the following problem:
About 30% of adults in United States have college degree.
(probability that a person has college degree is p = 0.30).

If N adults are randomly selected, find probabilities that

1) exactly X out of selected N adults have college degree
2) less than X out of selected N adults have college degree
3) greater than X out of selected N adults have college degree

Choose your numbers for N and X.

Question 2: On August 21, 2017, the Sun was at a distance of ~1.0115 AU from Earth, and most of the continental United States experienced a solar eclipse.

a) Calculate the angular size of the Sun as seen from Earth on that date.

b) Given that the Moon's angular size varies over the course of its orbit as given by the plots you created for Question 1, over approximately what fraction of the Moon's orbit does it appear to be large enough to create a total eclipse if the Sun were always the apparent size it was on August 21?

c) Without doing a detailed calculation, can you come up with a rough estimate for how frequently we should expect solar eclipses to be annular vs. total?

Analyze the purpose of Article 25 of the 1948 UDHR and the Constitution of the WHO.

In your opinion, do these two positive laws contradict the no-duty principle in the United States? Why or why not?

The term "the right to make informed health care decisions" is an important health care right of patients that have the right to make informed decisions about the direction of their care, including refusing treatment. Give your views on this statement and support your answer using relevant references.

Compare and contrast the terms "the right to make informed health care decisions" and "the right to health."

In your opinion on life or death situations, do you think individuals should be allowed to refuse treatment? Why or why not?

Leading Businesses The following data show the yearly budgets for leading business sectors in the United States. At α = 0.05, is there a significant difference in the mean budgets of the business sectors? The data are in thousands of dollars.Use the traditional method of hypothesis testing unless otherwise specified.

a. State the hypotheses and identify the claim.

b. Find the critical value.

c. Compute the test value.

d. Make the decision.

e. Summarize the results.

Regional economic integration is an attempt to achieve economic gains from the free flow of trade and investments between neighboring countries.

Please read the Focus on Managerial Implications (page 274 in 8th edition) in your textbook and answer the following questions using NAFTA as an example:

1. What opportunities for businesses are created by regional economic integration?

2. What are the threats to businesses that might arise from regional economic integration?

3. How do you evaluate NAFTA? What are the pros and cons of NAFTA? Is the United States a winner or a loser in this trade agreement?

Please use the following before you answer your questions. Feel free to use other sources and cite your references.

Freeflight Airlines is presently operating at 70 percent of capacity. Management of the airline is considering dropping Freeflight's routes between Europe and the United States. If these routes are dropped, the revenue associated with the routes would be lost and the related variable costs saved. In addition, the company's total fixed costs would be reduced by 20 percent. Segmented income statements for a typical month appear as follows (all amounts in millions of dollars): Routes Within U.S. Within Europe Between U.S. and Europe Sales $ 3.31 $ 2.81 $ 2.86 Variable costs 1.28 0.99 1.79 Fixed costs allocated to routes 1.69 1.24 1.34 Operating profit (loss) $ 0.34 $ 0.58 $ (0.27 ) Required: a. Prepare a differential cost schedule.

Which of the following statement is incorrect? Select one:

a. Calvin Klein, Liz Claiborne, The Gap, and other garment industry companies that manufacture clothing outside of the United States to control labor costs must balance the moral issues of human rights against their obligations to stockholders.

b. Psychological and political factors also affect exchange rates.

c. Most of the answers are correct.

d. When the U.S. dollar strengthens against the Mexican peso, U.S. importers of Mexican goods will require more dollars to purchase Mexican goods that are sold in pesos.

e. The risk that a multinational corporation faces due to fluctuating exchange rates can be managed by using forward contracts, futures contracts, and currency swaps.