Recently 2 members of the Wisconsin state legislature wrote about the need for a constitutional amendment to balance the U.S. federal budget. They argued,

“A few days ago, the federal deficit hit $1 trillion. That’s right, the United States spent $1,000,000,000,000 more than we could afford in this fiscal year alone. Wisconsin families know that is not sustainable. We don’t rack up credit cards to the max, add tens of thousands in car loans, a hefty mortgage we can’t afford, and then expect our grandchildren to pay it all back.

Embedded in these 4 sentences are three (3) arguments used to support a balanced budget amendment. Identify the 3 arguments made in the sentences above.

Toyota's Pass-Through.  Assume that the export price of a Toyota Corolla from​ Osaka, Japan, is ¥2,150,000. The exchange rate is ¥87.58​/$. The forecast rate of inflation in the United States is 2.2​% per year and in Japan it is 0.0​% per year. Use this data to answer the following questions on exchange rate​ pass-through.

a. What was the export price for the Corolla at the beginning of the year expressed in U.S.​ dollars?

b. Assuming purchasing power parity​ holds, what should be the exchange rate at the end of the​ year?

c. Assuming​ 100% exchange rate​ pass-through, what will be the dollar price of a Corolla at the end of the​ year?

d. Assuming​ 75% exchange rate​ pass-through, what will be the dollar price of a Corolla at the end of the​ year?

PART; What would you expect economist to predict would be the impact on your life relative to the solar power industry if there were no off shore drilling and no importation of foreign oil?(Hint: The combination of these two changes would reduce the supply of oil in the United States by about 70%)

PART 2: Digging Deeper When disaster strikes, you can count on two things: Looting and Price Gouging. Consider that a major hurricane has struck. Power is out, chaos has ensued. Explain what might happen in terms of the supply of essential goods, such as food and gas. Then discuss how price gouging might result. Compare and contrast price gouging with looting.

John Jones, CFA, is head of the research department at Peninsular Research. Peninsular has a client who has inquired about the valuation method best suited for comparing companies in an industry with the following characteristics:
• Principal competitors within the industry are located in the United States, France, Japan, and Brazil.

• The industry is currently operating at a cyclical low, with many companies reporting losses. Jones recommends that the client consider the following valuation ratios:

1. P/E.

2. P/B.

3. EV/S.

Determine which one of the three valuation ratios is most appropriate for comparing companies in this industry. Support your answer with one reason that makes that ratio superior to either of the other two ratios in this case.

Suppose the table gives the number N(t), measured in thousands, of minimally invasive cosmetic surgery procedures performed in the United States for various years t.

t N(t)(thousands)

(b) Construct a table of estimated values for N'(t). (Use a one-sided difference quotient with an adjacent point for the first and last values, and the average of two difference quotients with adjacent points for all other values. Round your answers to two decimal places.)

1. Megaphone is a cellular telephone service provider with 40% market share of the telephone service market in the United States. The CEO, Schubert Purdoch, has achieved that share in large part by acquiring small competitors. Megaphone is seeking to acquire Vinaphone which provides cellular telephone service as well. Vinaphone has become a household name in large part because of their ads making fun of Megaphone as an “out of touch dinosaur” of a company, featuring a dinosaur with the head of Schubert Purdoch. After this merger, Megaphone will not only be able to pull those ads off the air, but will also have 60% market share for telephone service. How would the FTC analyze this merger? What question(s) would be asked?

The table below shows the number of deaths in the U.S. in a year due to a variety of causes. For these questions, assume these values are not changing from year to year, and that the population of the United States is 312 million people.

Make sure your answer is accurate to at least 2 significant figures (values after leading zeros)

c) What is the probability that you will die as a passenger car occupant next year?

c) What is the probability that you will died as a passenger car occupant last year?

a) What is the probability that an American chosen at random died as a passenger car occupant last year?

Lakonishok Equipment has an investment opportunity in Europe. The project costs 15.7 million euros and is expected to produce cash flows of 1.2 million euros in Year 1, 8.4 million euros in Year 2, and 11.5 million euros in Year 3. The current spot exchange rate is 0.821 euros per 1 U.S. dollar. The current risk-free rate in the United States is 3.3 percent, compared to 1.5 percent in Europe. The appropriate discount rate for the project is estimated to be 8.2 percent, the U.S. cost of capital for the company. The subsidiary can be sold at the end of three years for an estimated 7.6 million euros. What is the NPV of the project ignoring taxes?

[Round the final answer to the nearest cent]

Please no plagiarism and must be in your own words. (4 pages minimum)

Case: You run cybersecurity operations for the for a healthcare emergency response logistics firm with global contracts with contracts with the United States and the Canadian government. COVID-19 had caused your organization to move to telework.

Write an overview of 3-4 pages introduction paper explaining what is currently happening. the paper should address the following questions:

1. What is the impact of COVID 19 on organizations?
2. What are some key statistics about COVID 19 costs to organizations?
3. What are the staffing and employee safety issues related to COVID 19?
4. What are organizational responses to COVID 19 (Telework, Social Distancing, etc.)?