Questions
In the following situations, decide whether you would use a personal interview, telephone survey, or self-administered...

In the following situations, decide whether you would use a personal interview, telephone survey, or self-administered questionnaire. Give you reasons. a. A survey of the residents of a new subdivision on why they happened to select that area in which to live. You also wish to secure some information about what they like and don not like about life in the subdivision. b. A poll of students at Metro University on their preferences among three candidates who are running for president of the student government. c. A survey of 58 wholesale grocery companies scattered over the eastern United States, on their personnel management policies for warehouse personnel. d. A survey of financial offers of the Fortune 500 Corporations to learn their predictions for the economic outlook in their industries in the next year. e. A study of applicant requirements, job tasks, and performance expectations as part of a job analysis of student work-study jobs on a college campus of 2,000 students, where 1,500 are involved in the work-study program.

In: Economics

Long-Term Care Reimbursement The federal and state governments are the largest payers of health care services...

Long-Term Care Reimbursement The federal and state governments are the largest payers of health care services in the United States. The largest federal programs are the Medicare and Medicaid services. Using the information from the textbooks, lectures, and Internet resources, provide a brief summary of Medicare and Medicaid services in a Microsoft Word document. To get up-to-date information on the programs, review the information shared on the following websites: The Centers for Medicare and Medicaid Services The Social Security Administration In your summary, include the following points: An overview of the different Medicare and Medicaid services The population covered under Medicare and Medicaid services The services of long-term care covered under Medicare and Medicaid, including the restrictions placed on them REFERENCE: Title:Long-Term Care: Managing Across the Continuum Author: John Pratt Edition/Year: 4th Ed./2016 Publisher: Jones & Bartlett ISBN: 978-1-284-05459-0

In: Nursing

The accompanying data were read from graphs that appeared in an article. The variables shown are...

The accompanying data were read from graphs that appeared in an article. The variables shown are the number of acres burned in forest fires in the western United States and timber sales.

Year Number of
Acres Burned
(thousands)
Timber Sales
(billions of
board feet)
1945 209 2.0
1950 249 3.9
1955 250 4.3
1960 375 6.9
1965 72 9.8
1970 440 11.0
1975 179 11.2
1980 242 10.2
1985 437 10.1
1990 397 11.2
1995 171 3.7

(a) Compute the correlation coefficient. (Give the answer to three decimal places.)
r = _________


Is there a correlation between timber sales and acres burned in forest fires?

strong positive correlation

weak positive correlation    

strong negative correlation

weak negative correlation

no correlation


(b) The article concludes that "heavier logging led to large forest fires." Do you think this conclusion is justified based on the given data?

Yes

No    

In: Statistics and Probability

32. Monetary policy refers to: A)   decisions to determine the government's budget. B)   policy directed toward...

32. Monetary policy refers to:
A)   decisions to determine the government's budget.
B)   policy directed toward increasing exports and reducing imports.
C)   government policies aimed at changing the underlying structure or institutions of the economy.
D)   the determination of the nation's money supply.

33)   Fiscal policy refers to:

A)   government policies aimed at changing the underlying structure or institutions of the economy.
B)   decisions to determine the government's budget.
C)   the determination of the nation's money supply.
D)   policy directed toward increasing exports and reducing imports.


34. In a debate on the state of the economy Senator X pointed out that the unemployment rates for teenagers, blacks, and hispanics had increased over the last year, while Senator Y stated that the unemployment rate in the United States was at its lowest level in more than 30 years. In this example, aggregate data is being used by:

A) senator Y B) neither senators C) both senators D) senator X

In: Economics

1. Aggregate Demand curves slope down. Explain in a sentence what that means (what happens when...

1. Aggregate Demand curves slope down. Explain in a sentence what that means (what happens when Price Level falls, all else constant?) and give one reason for the negative slope (inverse relation).

2. Assume an economy operates in the intermediate range of its aggregate supply curve. State the direction of shift for the aggregate demand curve or aggregate supply curve for each of the following changes in conditions. What is the effect on the price level? On real GDP? On employment?

a. The price of crude oil rises significantly (300%, say) raising the price of energy generally.

b. Spending on national defense doubles.

c. Investment spending falls as firms expect slower sales growth.

d. An improvement in technology raises labor productivity.

e. The United States raises exports of new passenger aircraft to China.

3. Identify the three ranges of the aggregate supply curve. Explain the impact of an increase in aggregate demand in each range.

In: Economics

Question 1: Almost all employees working for financial companies in New York City receive large bonuses...

Question 1:

Almost all employees working for financial companies in New York City receive large bonuses at the end of the year. A sample of 63 employees selected from financial companies in New York City showed that they received an average bonus of $ 61 , 000 last year with a standard deviation of $ 16 , 000 . Construct a 98 % confidence interval for the average bonus that all employees working for financial companies in New York City received last year.

Round your answers to cents.

Question 2:

The high price of medicines is a source of major expense for those seniors in the United States who have to pay for these medicines themselves. A random sample of 1800 seniors who pay for their medicines showed that they spent an average of $ 4600 last year on medicines with a standard deviation of $ 600 . Make a 95 % confidence interval for the corresponding population mean.

Round your answers to cents.

In: Statistics and Probability

The Zagat Restaurant Survey provides food, decor, and service ratings for some of the top restaurants...

The Zagat Restaurant Survey provides food, decor, and service ratings for some of the top restaurants across the United States. For 24 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.) Vibrio cholerae is a Gram-negative, curved-shaped bacterial pathogen which causes nausea, vomiting, diarrhea and muscle...

1.) Vibrio cholerae is a Gram-negative, curved-shaped bacterial pathogen which causes nausea, vomiting, diarrhea and muscle cramps after consuming fecal contaminated water. Cholera killed thousands of people during the 1800’s as people traveled West to colonize the United States and more recently in Haiti after a devastating earthquake in 2010. Vibrio’s ability to cause potentially deadly diarrhea is due to a toxin it secretes called Cholera Toxin (CT). Vibrio is thought to have gained the gene which codes for CT from a bacteriophage.

A.) Which form of horizontal gene transfer (conjugation, transduction OR transformation) allowed Vibrio to produce the cholera toxin? (1p)

B.) Briefly describe the steps involved during this particular form of horizontal gene transfer. (2pts)

C.) Research and briefly explain how the rapid dipstick test works for identification of V. cholerae. Is it biochemical, immunological or genetic identification? (2pts)

In: Biology

Research the U.S. Tax Code to determine the manner in which deferred compensation is taxed. Conclude...

Research the U.S. Tax Code to determine the manner in which deferred compensation is taxed. Conclude whether the treatment is reasonable. Provide support for your conclusions.
Provide one example of the tax treatment of deferred compensation. Discuss whether the taxation of this income harms taxpayers in general.
Propose an alternative to the taxation of deferred compensation that would be fair to all taxpayers and support the financial needs of the federal government. Indicate substantive ways in which your recommendation would achieve fairness to taxpayers and the United States Treasury.
Research recent IRS audit activities related to deferred compensation to determine the most frequent types of deferred compensation that would most likely trigger an IRS audit. Propose a strategy that you would use to defend a client facing an IRS challenge on deferred compensation.
Use at least three (3) quality references. Note: Wikipedia and other Websites do not qualify as academic resources.

In: Accounting

home / study / business / economics / economics questions and answers / Suppose that workers...

home / study / business / economics / economics questions and answers /

Suppose that workers are deciding whether to be a part of a union. If they join the union, the wage will be $31, the probability of employment will be 98%, the union fees will be $1.27, and the social costs are $.92. If they do not join the union, the wage will be $27, the probability of employment will be 94%, the union fees will be $0, and the social costs will be (-$3.12). Suppose also that utility for these workers is only a function of the listed variables.

a. Given the listed information, what choice will a utility-maximizing worker make when considering whether to join a union? (Provide details of your calculation and choice).

b. Would there be any reason for the union to consider making more negotiations concerning this situation? If so, what would the managers of the union try negotiating? If not, explain your rationale for this determination.

c. Examine the following statement through a logical, historical, and cultural lens (United States): “Workers choose whether to join a union”.

In: Economics