1. In the last 2 months, 40 million Americans have claimed unemployment. We have seen the U.S.A. unemployment rate increase to 14.7%. If the adult population of the United States is 215 million, calculate the Labour Force participation rate. Comment, what do you think are the short term, and long term impact of this level of unemployment. Justify your reasons. State policies that the government can implement to help the this situation.
2. The natural rate of unemployment in Thailand is about 1% and the labor force participation rate is about 68%. Interpret these values. What does it mean for the Thailand’s economy and population? Why is the U-rate so low?

Scandal in American International Group, Inc.

Describe in detail the unethical action the company was involved in. Explain the following:

a. The situation.

b. What unethical behavior or action took place?

c. Corporate offices involved.

d. Any other stakeholder involved.

e. Managerial and Leadership implications and impact on stakeholders.

f. Legal Ramifications.

Companies come for campus placement where through interview they
try to estimate the candidate’s future marginal revenue product and
after the process decide the salary. After one year’s performance (or
any decided tenure), the candidate is either promoted or sacked. What
economic calculations are taken in account to arrive at the decision?
Explain the answer in detail.

n general, what can companies (and not just Volkswagen) do to prevent scandals such as the one Volkswagen faces? List and explain two specific actions that companies can take to avoid this type of problems. (Be specific – for example: don’t recommend “just be honest” as this lacks detail and it might not be as easy as it sounds, as evidenced by the many scandals in this industry)

AGUAMAINT, INC. REQUIREMENT 2

You returned to Aguamaint about mid-afternoon on Wednesday, January 7. Jerry Loos had prepared written responses to all of your questions. After getting clarification on a couple of points, you are ready to get to work to complete the necessary adjusting and correcting entries.

REQUIRED:

Use the information provided below to create all adjusting and correcting journal entries needed to assure that Aguamaint’s financial statements will be in accordance with U.S. GAAP. Documentation for each journal entry should include a detailed explanation and all necessary calculations.

- develop 1 page, double-spaced paper for each issue, must include:

1. State the identified accounting issue
2. Identify the accounting rule(s) that pertain(s) to the issue(s)
3. Explain in your own words the accounting rule(s) and treatment of the issue

the issue: 1) Are all receivables collectible? Do you require an allowance for doubtful accounts?

Collection of the receivables will be no problem. We know all the customers with whom we have a contract and we have reviewed each of the accounts at year-end for any potential problems. Everyone has paid on time thus far.

An extra benefit supplementing an employee's money wage or salary is called Fringe Benefit. Examples are a company’s car, private health care, etc. What Fringe Benefits do you get from your employer in your organizations? Describe in detail.

An extra benefit supplementing an employee's money wage or salary is called Fringe Benefit. Examples are a company’s car, private health care, etc. What Fringe Benefits do you get from your employer in your organizations? Describe in detail.

Your friend at work says the U.S. economy is not doing well: "We are just not a strong economy anymore." You are not entirely convinced by her argument, so you do some research. Here is what you find: There are three major powers in the world economy according to total GDP: China at $21.3 trillion; the EU at $19.2 trillion; and the United States at $18.6 trillion (all in real 2016 dollars). Maybe your friend is right? Then you look at per capita GDP and it does not seem to tell the same story: China per capita GDP is $15,400; EU per capita GDP is $37,800; and U.S. per capita GDP is $57,300. Maybe your friend is wrong? Perhaps we really need to understand what GDP measures and what it does not measure. Using the above facts, make the case that the United States is still economically strong. What does GDP measure and what does that tell us about our country’s economic strength? Do you feel that GDP is valuable in understanding our country’s economic strength? Explain why or why not. Do you believe that there is a better measure of a country’s economic strength that we should also use (in addition to GDP)? Explain your answer. If you don’t think there is, explain why.

Your friend at work says the U.S. economy is not doing well: "We are just not a strong economy anymore." You are not entirely convinced by her argument, so you do some research. Here is what you find:

There are three major powers in the world economy according to total GDP: China at $21.3 trillion; the EU at $19.2 trillion; and the United States at $18.6 trillion (all in real 2016 dollars). Maybe your friend is right?

Then you look at per capita GDP and it does not seem to tell the same story: China per capita GDP is $15,400; EU per capita GDP is $37,800; and U.S. per capita GDP is $57,300. Maybe your friend is wrong?

Perhaps we really need to understand what GDP measures and what it does not measure.

Using the above facts, make the case that the United States is still economically strong.

What does GDP measure and what does that tell us about our country’s economic strength?

Do you feel that GDP is valuable in understanding our country’s economic strength? Explain why or why not.

Do you believe that there is a better measure of a country’s economic strength that we should also use (in addition to GDP)? Explain your answer. If you don’t think there is, explain why.

Answer each of the following questions in your submission for this part of the project:

1. List your 4 variables from the Consensus at School (opens in a new window) and state whether they are qualitative or quantitative.
2. Using your four variables, write your two questions you will analyze based on data from Census at School.
3. What is your population?
4. What type of sampling will you use to gather your data (stratified or simple random)?
5. What is cluster sampling and why would this type of sampling not work for this type of data gathering? What would it look like to use systematic sampling for this data?

Answer the following questions by entering your response in the space provided below.

1. What are your two questions you would like to analyze based on data from Census at School?
2. List your 4 variables and whether they are qualitative or quantitative.
3. What is your population?
4. What type of sampling will you use to gather your data (stratified or simple random)?
5. What is cluster sampling and why would this type of sampling not work for this type of data gathering? What would it look like to use systematic sampling for this data?