Susana and Javier each spend $24 per week on café lattes and subway trips. When the price of lattes and subway trips (round trip) are each $4, they each buy 3 lattes and take 3 subway trips per week. Suddenly, a café price war breaks out and there just happens also to be a state budget crisis. So, the price of a latte falls to $2, while the price of a subway trip rises to $6. Susana now buys 6 lattes and takes 2 subway trips per week while Javier takes 1 subway trip and buys 9 café lattes.
a. Is Susana better off or worse off after these price changes? Explain.
b. Is Javier better off or worse off after these price changes? Explain.
In: Economics
The staff and management committee of the local community centre meet on a monthly basis. They have a suggestion box so that everyone is encouraged to make comments and suggestions for agenda items.
One of the new workers, Sonja, writes that she does not fully understand some of the policies that she has to follow and is not confident in implementing them. The manager, David, decides to introduce this topic at the next meeting. When the members check the policy manual, they are surprised by some of the policy documents, because substantial changes to community service expectations and/or obligations have occurred over the last few years. Many of the organisation’s policies do not seem to have kept in pace with the changes.
What are the steps that should be taken? Write a 5 page report, describing and explaining all the steps involved.
In: Accounting
Please type your answers
In: Nursing
In: Economics
1. Suppose there are two countries
home, H and foreign, F engaging in trade of laptops. Assume H is a
small importer of laptops and F is the exporter of
laptops.
A)Suppose H applies a tariff on
imports of laptops from F, and the price in H rises due to
this.
B) Is this policy good for home, foreign and for the world market? That is, are there changes in welfare for consumers, producers and the government due to the price changes in different markets? Is there a deadweight loss or strategic gain/loss in any market?
C) Draw the Domestic and World Markets to Illustrate.
d)
how does the welfare at home after tarif (part a) compare if H was large?
what would be the ultimate tarif for home if H were large and why?
how would your answers change if foreign country retailiated its tarif?
In: Economics
Which of the following is correct regarding QuickBooks Online Chart of Accounts?
Multiple Choice
By customizing the QuickBooks Online Chart of Accounts to align with the business tax return, countless hours can be saved in preparation time
QuickBooks Online does not encourage editing of its Chart of Accounts since too many errors can be made by changing what was initially set up when the company was organized.
QuickBooks Online does allow editing of the accounts in the Chart of Accounts, however, it only allows authorized users to make changes. QuickBooks Online codes accounts for tax return preparation tracking.
QuickBooks Online is not able to assist in tax return preparation and only requests legal entity status for Chart of Accounts account purposes. Changes to the Chart of Accounts are encouraged and should happen often.
In: Accounting
consider static fluid force. Think about a thin steel plate in the shape of an equilateral triangle. The triangle is submerged vertically in water. In your discussion post, respond to the following: How do you think the static fluid force acting on the surface changes (increase, decrease, same) in the following positions? Vertex up against the surface with opposite side parallel to the surface Side up against the surface Vertex up against the surface with the side perpendicular to the surface
How do you think the static fluid force acting on the surface changes (increase, decrease, same) in the following positions?
Vertex up against the surface with opposite side parallel to the surface
Side up against the surface
Vertex up against the surface with the side perpendicular to the surface
In: Physics
A 10 L adiabatic container contains 0.1 mol of air, at a temperature of 250 K. It is closed by a stopcock. Ambient air is at 300 K at a pressure of 1 bar. The stopcock is opened for a moment and a certain amount of air penetrates into the container. After thermal equilibrium is reached inside the container, the gas temperature is measured to be 350 K. 1) Assuming that the air behaves as an ideal gas, find the initial pressure in the container, the number of moles of air that penetrated in the container, the sum of the internal energy changes for the gas inside the container and the gas that entered it and the final pressure inside. 2) Find the enthalpy and entropy changes of the gas that is inside the container at the end of the process. Use κ = Cp,mol/CV,mol = 7/5 and Cp,mol − CV,mol = R.
In: Mechanical Engineering
1. Suppose that Canadian investors decide that investment opportunities in African countries have improved. What happens to Canadian net capital outflow? What happens to the Canadian real interest rate?
2. Suppose that Canadian citizens start saving more. What does this imply about the supply of loanable funds and the equilibrium real interest rate? What happens to the real exchange rate?
3. Explain how an increase in the price level changes interest rates. How does this change in interest rates lead to changes in investment and net exports?
4. Suppose that consumers become pessimistic about the future health of the economy, and so cut back on their consumption spending. What will happen to aggregate demand and to output? What might the government have to do to keep output stable?
In: Economics
In this chapter we have assumed that the fiscal policy variables G and T are independent of the level of income. In the real world, however, this is not the case. Taxes typically depend on the level of income and so tend to be higher when income is higher. In this problem, we examine how this automatic response of taxes can help reduce the impact of changes in autonomous spending on output.
Consider the following behavioral equations:
C = c0 + c1YD
T = t0 + t1Y
YD= Y−T
G and I are both constant. Assume that t1 is between 0 and 1. c0 is autonomous consumption, c1 is the propensity to consume, and t0 is the part of taxes not dependent on income.
Because of the effect of taxes on the economy, it responds (less, the same, more) to changes in autonomous spending than when taxes are independent of income.
In: Economics