annual growth rate during this period. For example, real income per person in Zambia was $1,412 in 1960, and it actually declined to $1,309 by 2010. Zambia's average annual growth rate during this period was -0.15%, and it was the poorest economy in the table in the year 2010.
The real income-per-person figures are denominated in U.S. dollars with a base year of 2005. The following exercises will help you to understand the different growth experiences of these economies.
|
Economy |
Real Income per Person in 1960 |
Real Income per Person in 2010 |
Annual Growth Rate |
|---|---|---|---|
|
(Dollars) |
(Dollars) |
(Percent) |
|
| Austria | 9,773 | 35,031 | 2.59 |
| Venezuela | 7,307 | 9,762 | 0.58 |
| Botswana | 468 | 9,515 | 6.21 |
| Malaysia | 1,624 | 11,863 | 4.06 |
| Honduras | 1,932 | 3,146 | 0.98 |
| Zambia | 1,412 | 1,309 | -0.15 |
Indicate which economy satisfies each of the following statements.
|
Statement |
Austria |
Botswana |
Honduras |
Malaysia |
Venezuela |
Zambia |
|
|---|---|---|---|---|---|---|---|
| This economy had the highest level of real income per person in the year 2010. | |||||||
| This economy experienced the fastest rate of growth in real income per person from 1960 to 2010. |
Consider the following list of four economies. Which economy began with a level of real income per person in 1960 that was well below that of Venezuela and grew fast enough to catch up with and surpass Venezuela's real income per person by 2010?
Botswana
Honduras
Malaysia
Zambia
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Consider a simple economy whose only industry is weaving. In this industry, productivity—the amount of goods and services a worker can produce per hour—is measured by the number of garments one weaver makes per hour.
In the following table, match each example to the productivity determinant it represents.
Consider a small island country whose only industry is weaving. The following table shows information about the small economy in two different years.
Complete the table by calculating physical capital per worker as well as labor productivity.
Hint: Recall that productivity is defined as the amount of goods and services a worker can produce per hour. In this problem, measure productivity as the quantity of goods per hour of labor.
|
Year |
Physical Capital |
Labor Force |
Physical Capital per Worker |
Labor Hours |
Output |
Labor Productivity |
|---|---|---|---|---|---|---|
|
(Looms) |
(Workers) |
(Looms) |
(Hours) |
(Garments) |
(Garments per hour of labor) |
|
| 2028 | 120 | 60 | 3,300 | 23,100 | ||
| 2029 | 400 | 100 | 3,500 | 49,000 |
Based on your calculations, in physical capital per worker from 2028 to 2029 is associated with in labor productivity from 2028 to 2029.
Suppose you're in charge of establishing economic policy for this small island country.
Which of the following policies would lead to greater productivity in the weaving industry? Check all that apply.
Imposing a tax on looms
Sharply increasing the interest rate on student loans to people pursuing advanced degrees in weaving
Imposing restrictions on foreign ownership of domestic capital
Offering free public education to every worker in the country
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|
Examples |
Human Capital per Worker |
Natural Resources per Worker |
Physical Capital per Worker |
Technological Knowledge |
|
|---|---|---|---|---|---|
| The looms used to weave the textiles | |||||
| A unique fertilizer that can be spread on the grasslands to induce thicker coats on the sheep | |||||
| The accumulated weaving experience of the workforce | |||||
| The grasslands supporting the sheep whose wool is used for weaving |
In: Economics
A researcher is studying the effects of inserting questions into
instructional material for learning. There is doubt whether these
questions would be more effective before or after the corresponding
passage. In addition, the researcher wants to know the impact of
factual and thought provoking questions. Students are randomly
assigned to one of each of the four combination: position of
question (before vs. after the passage) and type of question
(factual vs. thought provoking). After 20 hours of studying under
these conditions, the students are given a test on the content of
the instructional materials. The test scores are below. What can be
concluded with α = 0.05? Please use 4 numbers after
decimal
Position
| Type | before | after |
|---|---|---|
| factual | 21 31 32 25 28 19 |
29 24 33 20 25 30 |
| thought | 27 20 15 21 26 24 |
36 39 41 29 31 35 |
a) What is the appropriate test statistic?
---Select--- na one-way ANOVA within-subjects ANOVA two-way
ANOVA
b) Compute the appropriate test statistic(s) to
make a decision about H0.
Type: critical value = ; test statistic
=
Decision: ---Select--- Reject H0 Fail to reject H0
Position: critical value = ; test
statistic =
Decision: ---Select--- Reject H0 Fail to reject H0
Interaction: critical value = ; test
statistic =
Decision: ---Select--- Reject H0 Fail to reject H0
c) Compute the corresponding effect size(s) and
indicate magnitude(s).
Type: η2
= ; ---Select--- na trivial effect small
effect medium effect large effect
Position: η2
= ; ---Select--- na trivial effect small
effect medium effect large effect
Interaction: η2
= ; ---Select--- na trivial effect small
effect medium effect large effect
d) Make an interpretation based on the
results.
There is a question type difference in the test scores.There is no question type difference in the test scores.
There is a question position difference in the test scores.There is no question position difference in the test scores.
There is a question type by position interaction in the test scores.There is no question type by position interaction in the test scores.
In: Math
b) What the mean and Standard Deviation (SD) of the Close column in your data set?
c) If a person bought 1 share of Google stock within the last year, what is the probability that the stock on that day closed at less than the mean for that year? Hint: You do not want to calculate the mean to answer this one. The probability would be the same for any normal distribution. (5 points)
DATA SET- Closed stock prices
| 1044.689941 |
| 1077.150024 |
| 1080.969971 |
| 1089.900024 |
| 1098.26001 |
| 1070.52002 |
| 1075.569946 |
| 1073.900024 |
| 1090.98999 |
| 1070.079956 |
| 1060.619995 |
| 1089.060059 |
| 1116.369995 |
| 1110.75 |
| 1132.800049 |
| 1145.98999 |
| 1115.22998 |
| 1098.709961 |
| 1095.060059 |
| 1095.01001 |
| 1121.369995 |
| 1120.160034 |
| 1121.670044 |
| 1113.650024 |
In: Statistics and Probability
Melisa was distraught. While her grandfather was getting on in years his loss had come as a shock late that Friday afternoon. She could think of no immediate family to contact and wandered her apartment wondering what to do. Finally at 9pm she realized she would have to do something so she called the closest funeral home to her grandfather ‘Lost Days Funeral Home’. Not expecting an answer so late she left a message hoping to hear back from them after the weekend. She was shocked to have the owner of Lost Days call her back within minutes. After 10pm on a Friday when most businesses should be closed!
Susan (the owner of Lost Days) quickly put Melisa’s concerns to rest outlining a plan for the funeral (location and space for the religious service of her choice, cremation or burial of her grandfather, help with writing an obituary (article about her grandfather’s demise) and placing it in the local paper, organizing the wake (gathering of friends and family after the funeral), catering for the wake and even offered to help with a lawyer to assist in her role as executor (being responsible to act on the disposition of her grandfather’s possessions as outlined in his will).
Now, instead of having a grief filled weekend with the stress of a funeral to arrange Melisa was now able to spend it recounting her fond memories of her grandfather.
based on the case study answer the following question:
Describe the difference between an important and determinant attributes in services. Provide an example of each that might apply to Melissa.
In: Economics
Suneview Ltd., a listed public company with actively traded securities, issued debentures with a total term of fifteen years and a face value of $1,000 to the public exactly five years ago for $1,000 each. The debentures were issued at an annual coupon interest rate of 12% p.a. with payments annually in arrears. Interest rates for debentures of a similar risk to those of Suneview Ltd. are currently (five years after originally being issued) being traded at a premium of 3% above the government bond rate. A new series of government bonds (Series XXIV) were issued today for a ten-year term at an annual coupon interest rate of 5% p.a. (with payments annually in arrears), a face value of $1,000 and a yield to bondholders of 7% p.a. Required:
In: Finance
Summary Questions
meiosis II?
In: Biology
BEFORE YOU START: Before working on this assignment you should have completed Assignment 1. PROGRAM STATEMENT AND REQUIREMENTS:
You will implement in Java the WIFI troubleshooting program you created in Assignment 1 with the following additional conditions: At the end of the program, you will ask if the client wants to purchase a regular router for $50 or a super high-speed router for $200, adding the cost to the total amount the client needs to pay. Once your program calculates the final bill amount, it needs to ask if the client is a member of the military. If so, your program should reduce by 10% the total amount the client needs to pay. Finally, your program must print on the screen the final bill amount to pay, together with the amount reduced for a military discount if applicable (e.g. if the total amount for a military client was $220, your program must show something like this: "Your total bill is $198. This includes a $22 military discount").
Note:
Make sure to format all number outputs so only 2 decimals are shown.
Add all necessary comments to your code, including the header comment and body comments explaining your code.
Test your program several times and paste the testing output show in the console as a comment at the bottom of your source code in the driver/main class program file.
Correctly name your classes, methods, and variables.
Suggestion: Add the steps to the flow chart you created in Assignment 1 and use it to help you plan your program. You may include the updated flow chart in your submission, but it is not required.
In: Computer Science
A researcher hypothesizes that reaction time (RT) measured in milliseconds in response to a startling stimulus will be lower (faster) before people drink 5 beers than it will be afterward. A sample of 12 patients is presented with a startling stimulus, and their mean score is 6.08 milliseconds with an SD of 1.38. They drink 5 beers, another startling stimulus is presented, and participants’ mean reaction time is 14.25 milliseconds with an SD of 3.7. The raw scores and Z-scores were as follows:
RT before: 7 8 7 8 5 6 6 5 3 6 6 6
Z before: 0.97,1.79,0.97,1.79,-0.69, 0.14, 0.14, -0.69, -2.34, 0.14,0.14,0.14
RT after: 16,19,15,15,14,15,13,12,4,15,16,17
Z after: 0.49,1.34,0.21,0.21,-0.07,0.21,-0.35,-0.64,-2.90,0.21,0.49,0.78
Test the researcher’s hypothesis at α = .05.
state which statistical test you should use, (e.g., single-sample t- test, paired-samples t- test etc.) Show the value of the obtained inferential statistic (e.g.,t= 2.17), the degrees of freedom
and the critical value from the relevant table, and state whether you should reject or accept the null hypothesis ,Calculate effect size when applicable.Then explain, in non-statistical language
(completely in layperson’s terms) what the practical conclusion of your analysis is, including the direction of the effect.
In: Math
**Convert all units to
MKS**
1. In some collisions, KE is less after the collision than before. Since energy
cannot be lost, what happened to it? What could you do to show this is true?
2. A 2.00g bullet strikes a 2.00kg
block hanging from a long cord. The bullet imbeds itself in the
block causing the block with bullet embedded to swing upwards to a
height of 50.0 cm above its original position.
A. What type of collision best describes the bullet striking the block?
B. Do a walk-through of the energy of the system starting just before the bullet strikes the block and continue until the block and bullet reach max height.
C. Find the velocity of the bullet before it collides with the block.
3. A 450g rubber ball is dropped
from 2.0m above the floor. After the bounce, the ball only rises to
a height of 1.5m above the floor.
A. Determine the change in momentum of the ball when it hits the floor and bounces up. (hint: either use motion equations or conservation of energy to determine the speed of the ball when it reaches the floor.)
B. Calculate the amount of heat generated when the ball hits the floor.
C. Explain how momentum is conserved when the ball collides with the floor.
In: Physics
Q.1) A government is considering to introduce a benefit receipt system that gives a cash grant of 1000$ to individuals if they are not working.
a) Assume the individual would decide to work without the benefit receipt system in place. Show both graphically and explain in your own words why the individual decides not to work anymore after the introduction of the cash grant.
b) What happens to the individual’s reservation wage after the introduction of the cash grant? Clearly mark the budget line that corresponds to the reservation wage both before and after the introduction of the cash grant in your graph.
c) Suggest an alternative type of programme that would incentivize labour force participation. What are the advantages of this programme? Are there any disadvantages of such a programme?
In: Economics