Describe how Disposable income affect the consumption or consumer spending? Draw the
circular flow diagram to explain the connection?

Do you believe the government should be able to provide oversight in an attempt to curb spending in our healthcare system?

How does the incentive for members of Congress to spend on programs beneficial to their district compare to their incentive to control federal spending?

What are the main problems with "across the board" spending cuts to deal with budget deficits in both sate and local government?

What are the effects of deficit spending on the economy of a country? How can constitutional amendment be used to balance the federal budget?

Why would consumer spending be affected by mortgage rates? Isn’t housing considered an investment item, not a consumption item?

Answer In EXCEL

Best Plastics produces a line of cell phone covers. Its best-selling cover is the Cobra model, a
slim but very durable black plastic cover. The annual fixed cost for the Cobra model is $234,000.
This fixed cost includes management time, advertising, and other costs. In addition, the variable
cost, including labor and material costs, is $2 for each unit produced. Best Plastics sells the
Cobra for $3.50 per unit. The exact demand for next year is not known. Best Plastics wants to
analyze the possible profit against different quantities.
Define “q” as the quantity (number of units) required next year. Define TC(q) as the total cost to
manufacture q units. Define TR(q) as the total revenue from selling q units.
a. Write the algebraic equations for TC(q) and TR(q).

b. Define TP(q) as the total profit from selling q units, that is, TR(q) – TC(q). Write the
algebraic equation for TP(q).

QUESTION 12

1. Shock Absorbers Question 3
   
   A manufacturer of automobile shock absorbers was interested in comparing the durability of its shocks with that of the shocks produced by its biggest competitor. To make the comparison, one of the manufacturer's and one of the competitor's shock absorbers were randomly selected and installed on the rear wheels of each of six cars. After the cars had been driven for 20,000 miles, the strength of each test shock absorber was measured, coded, and recorded; results are shown in the table below. Note that the higher the measurement, the more durable is the shock absorber.
   
   Shock Absorber Strength
   

   Car	Manufacturer’s	Competitor’s
   1	8.8	8.4
   2	10.5	10.1
   3	12.5	12.0
   4	9.7	9.3
   5	9.6	9.0
   6	13.2	13.0

   
   
   If one wants to demonstrate that the mean strength of the manufacturer’s brand exceeds that of the competitor’s by at least 0.5 units after 20,000 miles of use, what is the p-value of the appropriate test of hypotheses?

   	a.	0.309
   	b.	0.168
   	c.	0.293
   	d.	0.503
   	e.	0.907

Design a plain concrete mix required for 400mm deep RCC beam to be constructed in New Girls Hostel at GIK Institute (you can assume workability). The specified compressive strength is 32 MPa at 28 days. The standard deviation of the concrete producer is 3.0 MPa. Select nominal maximum-size coarse aggregate from following data

1. Min. distance b/w two reinforcing bar is 40mm
2. Min. distance b/w reinforcing bar and concrete surface (clear cover) is 42mm
3. Thick of slab is 120mm
4. Concrete is not pump-able

The specific gravity of fine aggregate (FA) and coarse aggregate (C.A) are 2.5 and 2.6 respectively. The dry rodded bulk density of C.A. is 1650 kg/m3, and fineness modulus (FM) of FA is 2.70.

C.A. is found to be absorptive to the extent of 5 % and free surface moisture (moisture content) in sand is found to be 5 per cent .Assume any other essential data, concrete should be durable against sulfate and chloride attack.