I don't want explanation , I just want a correct answer, Very quickly.

12- If the slope of the consumption function is equal to one, then
Select one:
a. The multiplier is undefined
b. The multiplier is smaller than one
c. The multiplier is just one
d. The multiplier is larger than one
e. None of the above

11- If the nominal interest rate 8% and expected inflation 5%, the expected real interest rate in year t is approximately
Select one:
a. 5%.
b. 11%.
c. 3%.
d. 8%.
e. 2%.

09- For the Palestinian Economy, the largest component of GDP is
Select one:
a. Government
b. Consumption
c. Net invetsment
d. Gross investment
e. Net exports

08- Euro otes and coins replaced European national currencies in the year
Select one:
a. 1999
b. 1995
c. 1957
d. 2002
e. 2005

07- Based on wage setting behavior, we know that a decrease in the unemployment rate will cause
Select one:
a. an increase in the real wage.
b. a downward shift in the price setting curve
c. no change in the real wage.
d. an upward shift of the WS curve.
e. a reduction in the real wage.

Run a multiple regression with trend and seasonal; forecast the next 12 months.   

Should we give heroin addicts heroin to cut crime?

A recent article in the BBC ( Durham Police to give drug addicts heroin in bid to cut crime (Links to an external site.)) it was suggested that heroin addicts be given the Class A drug in supervised "shooting galleries" to Durham England addicts in a bid to tackle drug-related crime.

"Durham Police is to become the first force in the country (UK) to introduce a scheme in which users are treated with diamorphine - medical grade heroin.
Ron Hogg, County Durham's Police, Crime and Victims' Commissioner, says such treatment lowers offending levels.
Opponents claim trials have not shown significant benefits.
Mr Hogg told BBC Newcastle existing national policies had not been effective and pointed to six-year trials in Darlington, London and Brighton which he said had helped wean users off the drug.
Addicts were given the opiate in consumption rooms, often referred to as "shooting galleries", supervised by medical professionals.
"It got them back into a normal life and it cut crime," he said.
"We saw health benefits for the individuals, we saw needles being taken off the street, so there's an awful lot of evidence both in the UK and across the world that such schemes do actually work.
"All police and crime commissioners spend a lot of money on what we call diversionary work - community projects and youth offending schemes - because we know this will stop people committing crime.
"This is just an extension of that rationale. The controversiality is because it's drugs."
'Not unusual'
Mr Hogg said the UK had the highest rate of heroin, cocaine and ecstasy use across the European Union with drug-induced deaths totalling 45 people per million compared with 17 per million in the EU.
Aiming to introduce the scheme "by the end of this year", he added the force's public health partners were working out the cost of administering the drug to users twice-daily.
He previously mooted such a move in 2013.

"If we go back to the 1960s, doctors used to prescribe heroin as a means of treating someone back to recovery. It's not that unusual," he said.
"We've got to consider the Misuse of Drugs Act has been in since 1971 and we haven't arrested the way out of the problem, have we?"
A Home Office spokesman said there was evidence "supervised use of [diamorphine] in a medical environment as part of a treatment plan can help keep patients in treatment and out of criminal behaviour".
However, David Raynes of the National Drug Prevention Alliance, warned the move "will not stop addicts being addicts".
"It doesn't stop people using street drugs," he said.
"It may reduce crime marginally, but it doesn't reduce crime permanently."

Discussion Question

Working together as a group, design a study to address whether this method is effective or not in reducing crime due to heroin addiction. Ron Hogg of  County Durham's Police believes it works while  David Raynes of the National Drug Prevention Alliance is skeptical. Your job is to help settle the argument using a statistical study. You will need to address the following in your write up:

1. What is the population of interest?
2. What are the null and alternate hypotheses of your study?
3. What data type will you be collecting in this study (numerical or categorical)?
4. How would you collect the data needed to decide which hypothesis to support?
5. How would you make sure the data collected is representative of the population of interest and not biased?
6. Specifically, what tools would you use to analyze the data? You need to give the names of any plots/graphs that would be useful and the type of hypothesis test that would be used to settle the argument between Mr. Hogg and Mr. Raynes.
7. Based on what hypothesis test you selected in part 6, what assumptions need to be check prior to using said test?
8. Let's assume your study resulted in the data being statistically significant. Which hypotheses would have been supported? Give a possible p-value for this result. If an error had occurred, which type (Type I or Type II) could it have been?
9. Let's assume your study resulted in the data NOT being statistically significant. Which hypotheses would have been supported? Give a possible p -value for this result.  If an error had occurred, which type (Type I or Type II) could it have been?

Should we give heroin addicts heroin to cut crime?

A recent article in the BBC ( Durham Police to give drug addicts heroin in bid to cut crime (Links to an external site.)) it was suggested that heroin addicts be given the Class A drug in supervised "shooting galleries" to Durham England addicts in a bid to tackle drug-related crime.

"Durham Police is to become the first force in the country (UK) to introduce a scheme in which users are treated with diamorphine - medical grade heroin.
Ron Hogg, County Durham's Police, Crime and Victims' Commissioner, says such treatment lowers offending levels.
Opponents claim trials have not shown significant benefits.
Mr Hogg told BBC Newcastle existing national policies had not been effective and pointed to six-year trials in Darlington, London and Brighton which he said had helped wean users off the drug.
Addicts were given the opiate in consumption rooms, often referred to as "shooting galleries", supervised by medical professionals.
"It got them back into a normal life and it cut crime," he said.
"We saw health benefits for the individuals, we saw needles being taken off the street, so there's an awful lot of evidence both in the UK and across the world that such schemes do actually work.
"All police and crime commissioners spend a lot of money on what we call diversionary work - community projects and youth offending schemes - because we know this will stop people committing crime.
"This is just an extension of that rationale. The controversiality is because it's drugs."
'Not unusual'
Mr Hogg said the UK had the highest rate of heroin, cocaine and ecstasy use across the European Union with drug-induced deaths totalling 45 people per million compared with 17 per million in the EU.
Aiming to introduce the scheme "by the end of this year", he added the force's public health partners were working out the cost of administering the drug to users twice-daily.
He previously mooted such a move in 2013.

"If we go back to the 1960s, doctors used to prescribe heroin as a means of treating someone back to recovery. It's not that unusual," he said.
"We've got to consider the Misuse of Drugs Act has been in since 1971 and we haven't arrested the way out of the problem, have we?"
A Home Office spokesman said there was evidence "supervised use of [diamorphine] in a medical environment as part of a treatment plan can help keep patients in treatment and out of criminal behaviour".
However, David Raynes of the National Drug Prevention Alliance, warned the move "will not stop addicts being addicts".
"It doesn't stop people using street drugs," he said.
"It may reduce crime marginally, but it doesn't reduce crime permanently."

Discussion Question

Working together as a group, design a study to address whether this method is effective or not in reducing crime due to heroin addiction. Ron Hogg of  County Durham's Police believes it works while  David Raynes of the National Drug Prevention Alliance is skeptical. Your job is to help settle the argument using a statistical study. You will need to address the following in your write up:

1. What is the population of interest?
2. What are the null and alternate hypotheses of your study?
3. What data type will you be collecting in this study (numerical or categorical)?
4. How would you collect the data needed to decide which hypothesis to support?
5. How would you make sure the data collected is representative of the population of interest and not biased?
6. Specifically, what tools would you use to analyze the data? You need to give the names of any plots/graphs that would be useful and the type of hypothesis test that would be used to settle the argument between Mr. Hogg and Mr. Raynes.
7. Based on what hypothesis test you selected in part 6, what assumptions need to be check prior to using said test?
8. Let's assume your study resulted in the data being statistically significant. Which hypotheses would have been supported? Give a possible p-value for this result. If an error had occurred, which type (Type I or Type II) could it have been?
9. Let's assume your study resulted in the data NOT being statistically significant. Which hypotheses would have been supported? Give a possible p -value for this result.  If an error had occurred, which type (Type I or Type II) could it have been?

4.

The Chinese government’s tobacco monopoly accounts for 12% of the government’s revenue. It sells to China's 310 million smokers, 1/4 of the world's smoking population, who consume 1700 billion cigarettes a year, about 30% of global consumption

By imposing a 230% tax rate on foreign cigarettes, and by imposing import quotas and restrictions, the government limited legal foreign cigarette sales to less than 2% of total Chinese sales in the late 1990s. However, by 2003 the foreign cigarette share was only 10%. To appease the World Trade Association, China agreed to lift restrictions on the retail sale of imported cigarettes by January 2004, to reduce the tariff on cigarettes from the current 65% to 24% , and to phase out the tariff over the next two years. Thus, the state's monopoly will be eroded.   Expectations were that the price of imported cigarettes would drop by half and imported cigarettes would gain a major share of the Chinese market.   

1. In this case study discuss the impacts of the quotas, tariffs and restrictions on Entry into the Chinese market. What was the intended end result? Explain.

2. Given your answer in (a), use a graphical analysis to demonstrate and explain what occurred after the restrictions were lifted.

With double-digit annual percentage increases in the cost of health insurance, more and more workers are likely to lack health insurance coverage (USA Today, January 23, 2004). The following sample data provide a comparison of workers with and without health insurance coverage for small, medium, and large companies. For the purposes of this study, small companies are companies that have fewer than 100 employees. Medium companies have 100 to 999 employees, and large companies have 1000 or more employees. Sample data are reported for 50 employees of small companies, 75 employees of medium companies, and 100 employees of large companies.

1. Compute the X²  test statistic:

2. What is the P-Value? (Using a Chi-Square table)

3.What can we conclude?

4. The USA Today article indicated employees of small companies are more likely to lack health insurance coverage. Calculate the percentages of employees without health insurance based on company size (to the nearest whole number).

5. Based on the Calculated percentages, what can we conclude?

The mean cholesterol levels of women age 45-59 in Ghana, Nigeria, and Seychelles is 5.1 mmol/l and the standard deviation is 1.0 mmol/l (Lawes, Hoorn, Law & Rodgers, 2004). Assume that cholesterol levels are normally distributed.

1. Find the probability that a woman age 45-59 in Ghana has a cholesterol level above 6.2 mmol/l (considered a high level).
2. Suppose doctors decide to test the woman’s cholesterol level again and average the two values.  Find the probability that this woman’s mean cholesterol level for the two tests is above 6.2 mmol/l. <----Which two numbers am I averaging?
3. Suppose doctors being very conservative decide to test the woman’s cholesterol level a third time and average the three values.  Find the probability that this woman’s mean cholesterol level for the three tests is above 6.2 mmol/l. <----Not sure which numbers I'm averaging?
4. If the sample mean cholesterol level for this woman after three tests is above 6.2 mmol/l, what could you conclude?

I'm answering these questions using the "normalcdf" function in my TI-84. I'm not sure how to get the new standard deviation/numbers I'm averaging for 2 and 3.

The following information relates to the Ashanti Group of Companies for the year to 30 April 2020.

Additional Information:

Ashanti Ltd purchased 70% of the issued share capital of Bochem Ltd in 2000. At that time, the retained profits of Bochem amounted to $896,000.

Ashant Ltd purchased 60% of the issued share capital of Ceram Ltd in 2004. At that time, the retained profits of Ceram Ltd amounted to $320,000.

Sales from Ashanti to Bochem Ltd were $ 3 million during the post-acquisition period. Ashanti marks up all sales by 20%. At the reporting date this entire inventory remained in Bochem’s warehouse.

REQUIRED:

In so far as the information permits, prepare Fab Group of Companies’ Consolidated Income Statement for the year ended 30 April 2020 in accordance with IFRSs.   

Sachs Brands' defined benefit pension plan specifies annual retirement benefits equal to: 1.2% × service years × final year's salary, payable at the end of each year. Angela Davenport was hired by Sachs at the beginning of 2004 and is expected to retire at the end of 2038 after 35 years' service. Her retirement is expected to span 18 years. Davenport's salary is $80,000 at the end of 2018 and the company's actuary projects her salary to be $230,000 at retirement. The actuary's discount rate is 6%. (FV of $1, PV of $1, FVA of $1, PVA of $1, FVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided.)

Required:
2. Estimate by the projected benefits approach the amount of Davenport's annual retirement payments earned as of the end of 2018.
3. What is the company's projected benefit obligation at the end of 2018 with respect to Davenport? (Do not round intermediate calculations. Round your final answer to nearest whole dollar.)
4. If no estimates are changed in the meantime, what will be the company's projected benefit obligation at the end of 2021 (three years later) with respect to Davenport? (Do not round intermediate calculations. Round your final answer to nearest whole dollar.)

Sachs Brands' defined benefit pension plan specifies annual retirement benefits equal to: 1.3% × service years × final year's salary, payable at the end of each year. Angela Davenport was hired by Sachs at the beginning of 2004 and is expected to retire at the end of 2038 after 35 years' service. Her retirement is expected to span 18 years. Davenport's salary is $81,000 at the end of 2018 and the company’s actuary projects her salary to be $235,000 at retirement. The actuary's discount rate is 7%. (FV of $1, PV of $1, FVA of $1, PVA of $1, FVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided.)

Required:

2. Estimate by the accumulated benefits approach the amount of Davenport’s annual retirement payments earned as of the end of 2018.

3. What is the company’s accumulated benefit obligation at the end of 2018 with respect to Davenport? (Do not round intermediate calculations. Round your final answer to nearest whole dollar.)

4. If no estimates are changed in the meantime, what will be the accumulated benefit obligation at the end of 2021 (three years later) when Davenport’s salary is $95,000?

(Do not round intermediate calculations. Round your final answer to nearest whole dollar.)