1. An increase in saving that leads to more capital accumulation ________ labor productivity.
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decreases |
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increases |
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does not change |
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probably changes but in an ambiguous direction |
2. In 2010, of the following ________ had the highest real GDP per person.
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the Europe Big 4 countries |
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the United States |
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Canada |
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Japan |
3. Moving along the aggregate production function shows the relationship between ________, holding all else constant.
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capital input and real GDP |
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labor input, capital input and real GDP |
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technology and real GDP |
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labor input and real GDP |
4. Greater labor force participation for households at higher real wage rate is one reason that
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the demand for labor curve is upward sloping. |
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the demand for labor curve is downward sloping. |
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the supply of labor curve is downward sloping. |
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the supply of labor curve is upward sloping. |
5. The supply of labor curve is
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downward sloping. |
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upward sloping. |
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horizontal at the equilibrium wage rate. |
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vertical at potential GDP. |
In: Economics
1. An importer always has the option to cancel an irrevocable letter of credit. True or False
2.Factoring involves the sale of accounts receivable to a third party, called a factor, for a discount. True or False
3.Under prepayment, the exporter will not ship the products until the exporter has received payment from the importer. True or False
4.When an exporter sells an account receivable to a factor, the factor will attempt to collect payment from the importer, but if the importer is unable to pay, the factor can collect the payment from the exporter. True or False
5.The commission earned by the bank for creating a banker's acceptance is reflected in the all-in rate. True or False
6.Most of the programs of the Export-Import Bank of the United States are designed to encourage private lenders to finance export trade by assuming some of the credit risk and providing financing to foreign importers when private lenders are unwilling to do so. True or False
In: Finance
Draw and carefully describe a graph that utilizes the Aggregate Demand/Aggregate Supply model that would illustrate the current state of the aggregate economy in the United States as of October 2020. Make sure that you explain your graph in your own words. Describe the current state of the economy relative to potential GDP. draw an AD/AS graph. The graph needs to be clearly labeled and explained in some detail. The graph must include an aggregate demand (AD) curve, a short-run aggregate supply (SRAS) curve, and a long-run aggregate supply curve (LRAS, Potential GDP) curve. Clearly label both axes of the graph. Identify the current price level using the GDP deflator on the vertical axis and the level of real GDP on the horizontal axis. You don’t need to plot any other specific data points although you should identify real potential GDP (Links to an external site.) in the third quarter.
In: Economics
Vodafone is based in the United Kingdom. Selected data from Vodafone’s 2012 annual report follows (pounds in millions).
| 2012 | 2011 | 2010 | |||||
| Revenues | $46,417 | $45,884 | $44,472 | ||||
| Gross profit % | 32.04% | 32.84% | 33.80% | ||||
| Operating profit | 11,187 | 5,596 | 9,480 | ||||
| Net cash flow less capital expenditures | 8,459 | 9,173 | 9,145 | ||||
| Net earnings | 7,003 | 7,870 | 8,618 |
In its 2012 annual reports, Vodafone states, " Our leading
performance is based on 3 core strengths. The successful
implementation of our strategy to generate liquidity or free cash
flow from non-conrolled interest.'
(a) Compute the percentage change in sales, operating profit, net cash flow less capital expenditures, and net earnings from year to year for the years presented.
(b) Evaluate Vodafone's performance. Which trend seems most favorable? Which trend seems least favorable? What are the implications of these trends for vodafone's strategy? Explain.
In: Accounting
PLEASE DO THIS IN EXCEL AND SHOW FORMULA!
In: Finance
Consider two tests that could be used to evaluate a university’s effectiveness at teaching critical thinking and communication skills to undergraduates. The first test is a multiple-choice test with questions on reading comprehension, language, and math, similar to the SAT in the United States. The second test provides the students with a single real world case involving practical issues and data, including quantitative data, from several sources. The product that students produce for the second test is a memo, which must suggest a particular response to the case and support the decision with evidence and analysis. The second test is graded using specific criteria on critical thinking and communication (a rubric).
Discus the validity of each test for assessing the level of critical thinking and communication skills of students. Compare and contrast the two tests in terms of validity.
Discuss the reliability of each test for assessing the level of critical thinking and communication skills of students. Compare and contrast the two tests in terms of reliability.
In: Psychology
The Zagat Restaurant Survey provides food, decor, and service ratings for some of the top restaurants across the United States. For 18 restaurants located in a certain city, the average price of a dinner, including one drink and tip, was $48.60. You are leaving on a business trip to this city and will eat dinner at three of these restaurants. Your company will reimburse you for a maximum of $50 per dinner. Business associates familiar with these restaurants have told you that the meal cost at one-third of these restaurants will exceed $50. Suppose that you randomly select three of these restaurants for dinner. (Round your answers to four decimal places.)
(a)
What is the probability that none of the meals will exceed the cost covered by your company?
(b)
What is the probability that one of the meals will exceed the cost covered by your company?
(c)
What is the probability that two of the meals will exceed the cost covered by your company?
(d)
What is the probability that all three of the meals will exceed the cost covered by your company?
In: Statistics and Probability
1. Define compensating differential and give original examples (not already included in the book or power points) of different jobs that earn higher wages and some that earn lower wages because of compensating differentials.
2. Go to the Education Pays (Links to an external site.) page on the Bureau of Labor Statistics website. Compare and contrast the different levels of education in relation to average wage and unemployment rate.
3. Explain the benefits of higher education in terms of the unemployment rate and average salary figures in the United States.
4. How does this reflect on your own decision to invest in your human capital?
5. Also, go to the BLS Occupational Outlook Handbook (Links to an external site.) and look up two careers that you may be interested in pursuing.
6. Does the information given about these careers match your expectations?
7. Is there expected growth of jobs in these careers? How might it affect your likelihood of finding a job after graduation?
In: Economics
Read about a number of health care delivery systems throughout the world. Using research with three evidence-based, peer-reviewed resources. IN A 3-4 PAGE PAPER,CHOOSE ONE COUNTRY (EXCLUDING UNITED STATES OF AMERICA) AND ANSWER THE QUESTIONS THAT FOLLOW.
PLEASE INCLUDE INTEXT CITATIONS AS WELL AS REFERENCE LIST
In: Nursing
The Human Toxome Project (HTP) is working to understand the scope of industrial pollution in the human body. Industrial chemicals may enter the body through pollution or as ingredients in consumer products.
In October 2008, the scientists at HTP tested core blood samples for 35 newborn infants in the United States. The cord blood of the "In utero/newborn" group was tested for 430 industrial compounds, pollutants, and other chemicals, including chemicals linked to brain and nervous system toxicity, immune system toxicity, and reproductive toxicity, and fertility problems. There are health concerns about the effects of some chemicals on the brain and nervous system. Upon calculation of the sample, the mean of the amount of the chemical found in the infant's blood is equal to with sample standard deviation equal to.
Construct the 90% confidence interval by
- Clearly explain what model was used and why
- Clearly show your process, if using calculator explain what you did.
- Explain the meaning of the 90% confidence interval in the context of the problem.
In: Statistics and Probability