1. Using the information in the table below, calculate the Index of Segregation by occupation. Interpret the index number that you calculated and provide an explanation of it's meaning.
| Occupation | Men | Women |
| Managerial | 11,005 |
9,387 |
| Professional and Technical | 12,063 |
13,952 |
| Sales | 7,601 | 6,953 |
| Clerical/Administrative | 3,751 | 14,128 |
| Service | 6.465 | 10,066 |
| Production/Craft | 13,516 | 1,283 |
| Operatives | 9,302 | 3,007 |
| Laborers | 3,631 | 1,011 |
| Total | 67,334 | 59,787 |
**Note: All numbers are in thousands**
2. Carefully explain the two broad potential causes for the extent of gender segregation in the United States: "Rational Choice" and "Discrimination"
3. Explain how occupational segregation based on employer preference and crowding could cause a gender wage differential to emerge. Explain how this gender wage differential differs from one that results because of different preferences by gender(over job safety, or hours, or schedule) and the resulting compensating differentials.
In: Economics
The index of industrial production (IPt) is a monthly time series that measures the quantity of industrial commodities produced in a given month. This problem uses data on this index for the United States. All regressions are estimated over the sample period 1960:1 through2000:12 (that is, January 1960 through December 2000). Let , Yt=1200xln(IPt/IPt-1), which gives the monthly percentage change in the industrial production index measured in percentage points at an annual rate. Suppose that a forecaster estimates the following AR(4) model for Yt :
.Yt=1.377 + .318Yt-1 + .123Yt-2 + .068Yt-3 + .001Yt-4
Use this AR(4) model to forecast the value of in January 2001 using the following values of Yt for August 2000 through December 2000:
|
Date |
2000:7 |
2000:8 |
2000:9 |
2000:10 |
2000:11 |
2000:12 |
|
IP |
147.595 |
148.650 |
148.973 |
148.660 |
148.206 |
147.300 |
In: Economics
Discussion:
1. Drones are not only used in foreign combat zones. They are also being used domestically by law enforcement agencies, for example, in the surveillance of criminals under a legally obtained warrant. But the possibility exists of monitoring areas in which there is no suspicion of crime but where the government wishes to obtain information. (Forest fires is a noncontroversial use, as is use on the border to monitor the movement of illegal drugs.) Drones can be equipped with either lethal or nonlethal weapons such as rubber bullets and tear gas. Technological advances have created miniature drones that can be carried in a backpack, zoom lenses, see-through imaging, and night vision capabilities. Then decide whether you support the domestic use of drones and explain your position.
2. There are more than four hundred pet cemeteries in the United States. People often spend hundreds of dollars to bury their dogs, cats, birds, goldfish, and hamsters. Is this practice morally acceptable?
In: Nursing
Suppose a study reports that the average price for a gallon of
self-serve regular unleaded gasoline is $3.76. You believe that the
figure is higher in your area of the country. You decide to test
this claim for your part of the United States by randomly calling
gasoline stations. Your random survey of 25 stations produces the
following prices.
| $3.87 | $3.89 | $3.76 | $3.80 | $3.97 |
| 3.80 | 3.83 | 3.79 | 3.80 | 3.84 |
| 3.76 | 3.67 | 3.87 | 3.69 | 3.95 |
| 3.75 | 3.83 | 3.74 | 3.65 | 3.95 |
| 3.81 | 3.74 | 3.74 | 3.67 | 3.70 |
Assume gasoline prices for a region are normally distributed. Do
the data you obtained provide enough evidence to reject the claim?
Use a 1% level of significance. (Round the intermediate
values to 2 decimal places. Round your answer to 2 decimal
places.)
| The value of the test statistic is t =_____ and we fail to reject the null hypothesis. |
In: Statistics and Probability
Discuss the pros and cons of using GDP to measure well-being.
According to the concepts in this module, GDP measures a nation’s productivity, or “its ability to produce goods and services” (Chapter 1, Section 1-3a). “A country’s standard of living depends on” (Chapter 1, Section 1-3a, ) this productivity, implying that happiness and well-being also depend on productivity.
To complete the Discussion activity, write a post that answers the following questions:
In: Economics
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: Economics
a. What assumptions are made to justify the shape of the short-run aggregate supply curve; i.e., that it is horizontal at a given price level?
b. What assumptions are made to justify the shape of the long-run aggregate supply curve; i.e., that it is vertical at a full-employment level of output?
c. Recently, oil prices have been declining in the U.S. Oil prices hovered around $100 per barrel during much of 2013 and 2014. During 2015 until the present day, oil prices have hovered closer to $50 per barrel. All else equal (ignoring many other changes in the U.S. economy), how should the lower oil prices, around $50 per barrel compared with around $100 per barrel, affect the price level, unemployment, and real income in the United States? Explain using a diagram, and consider only short-run aggregate supply, and not the long-run aggregate supply.
In: Economics
1. An increase in saving that leads to more capital accumulation ________ labor productivity.
|
decreases |
||
|
increases |
||
|
does not change |
||
|
probably changes but in an ambiguous direction |
2. In 2010, of the following ________ had the highest real GDP per person.
|
the Europe Big 4 countries |
||
|
the United States |
||
|
Canada |
||
|
Japan |
3. Moving along the aggregate production function shows the relationship between ________, holding all else constant.
|
capital input and real GDP |
||
|
labor input, capital input and real GDP |
||
|
technology and real GDP |
||
|
labor input and real GDP |
4. Greater labor force participation for households at higher real wage rate is one reason that
|
the demand for labor curve is upward sloping. |
||
|
the demand for labor curve is downward sloping. |
||
|
the supply of labor curve is downward sloping. |
||
|
the supply of labor curve is upward sloping. |
5. The supply of labor curve is
|
downward sloping. |
||
|
upward sloping. |
||
|
horizontal at the equilibrium wage rate. |
||
|
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
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