1. How does a tariff lead to production cost inefficiencies?

2. What would happen to the US standard of living if the United States withdrew completely from international trade?

Which of the following accurately describes the circumstances in which an individual is considered to be a resident of Canada? Question 1 options: 1) When the individual is a citizen of Canada 2) When 90% or more of the individual's income originates in Canada 3) When the individual maintains a continuing state of relationship with Canada 4) When the individual is domiciled in Canada for more than 3 months of the year

Sean is getting ready to do his taxes. He is single and lives in New York City. Sean earned $50,000 in 2011. He reviews the following table, which shows the IRS tax rates for a single taxpayer in 2011.

Based on the IRS table, Sean calculates that his marginal tax rate is ______ (10%, 15%, 25%, 28%, 33%, 35% )  when his annual income is $50,000.

Sean calculates that he owes ________ ($4,725, $4,750, $7,775, $8,625, $12,500) in income taxes for 2011.

Sean then calculates that his average tax rate is __________ ( 12%, 15%, 17%, 20%, 25%)   , based on the annual income level and the amount of taxes he owes for 2011.

After figuring out what he owes in taxes in 2011, Sean decides to ask an accountant for tax advice. The accountant claims that he has found a legal way to shelter $4,000 of taxable income from the federal government.

The maximum amount that Sean is willing to pay to learn this strategy and reduce his taxable income by $4,000 is _________ ($0, $680, $1,000, $4,000)   . (Hint: Sheltering some income means finding a legal way to avoid being charged income tax on that income. For example, someone who has $50,000 in income and shelters $10,000 pays income tax on only $40,000.)

1. In females, the urethra opens:

   		at the tip of the clito ris
   		posterior to the an us
   		between the vag ina and an us
   		between the clito ris and the vagi na
   		anterior to the clito ris

1 points   

QUESTION 17

1. The labia major develops from the same source as the _____ in males.

   		prostate
   		scr otum
   		urethra
   		glans

1 points   

QUESTION 18

1. Most tissues of the gonad develop from the:

   		epimere
   		hypomere
   		ectoderm
   		mesomere
   		endoderm

1 points   

QUESTION 19

1. Urine in the collecting duct then proceeds to the:

   		calyxes
   		renal pelvis
   		ureter
   		distal convoluted tubule

1 points   

QUESTION 20

1. In females, the gonad is the:

   		mammary glands
   		ov ary
   		vagi na
   		ute rus

As a mentor, coach, or an individual in a position of influence, considering the ethical lens, is it OK to receive a “special” price for services or goods from a client, subordinate?

Wouldn't this situation be unethical, due to the position/ relationship to the client,subordinate regardless of the "Special Price?" What about the power perceived, time spent, or if the relationship from the client,subordinate is terminated?

Highland, Lowland and Midland are three countries in a continent. The countries engage heavily in trade with each other and have almost identical facilities provided to consumers by both the private sector and public sector. In 2005, Highland had a Nominal bill of its Economy which amounted to 750 million Krona out of which 89% are from traded goods, Midland had a Nominal bill that amounted to 1.4 trillion Dinar out of which 78% are from traded goods and Lowland had a Nominal bill which amounted to 300 million Rand out of which 100% is from traded goods. The following information is given:

E (KRONA|DINAR) = 0.7

E (DINAR|RAND) = 0.495

E (RAND|US DOLLAR) = 1.2

All the above rates are official exchange rates.

Globally, the living standards of all the countries are measured against the living standards in the United States. In order to see that, the BIG MAC Index is used to determine how much the MAC would cost in each of these countries in USD. In Highland, a MAC approximately costs 2 Krona, in Midland, a MAC costs twice as much as in Highlands, In Lowland, a MAC costs around 1.2 Rand and In US, the MAC costs around $6.32.

1. Calculate the Exchange rate of all the currencies per US Dollar at the official rates.
2. Calculate the Nominal GDP and PPP GDP of Highland, Midland and Lowland in US Dollars.
3. What can you conclude from your answers in part B.?
4. In 2006, Highland and Midland jointly invaded Lowland and took over the country. If Highland took 60% of the Nominal GDP and Midland took 40% of the Nominal GDP. What are the percentage increases in their PPP GDP? (Assume all the exchange rates are unchanged)

Suppose that the Earned Income Tax Credit is set up so that a maximum payment of $3,000 can be earned when a qualified worker earns $10,000. This payment represents a subsidy of 30 cents for each additional dollar earned up to $10,000.

Workers earning between $10,000 and $14,000 are eligible for the maximum payment. Once labor market earnings exceed $14,000, additional earnings reduce the subsidy by 45 cents for each dollar earned.

The going wage rate is $10 per hour.

Will a person working between working less than 1000 hours in the labor market experience an income effect, a substitution effect, or both as a result of the EITC?

Question 1: Income under ordinary concepts

Hemi is a design student and a well-known Wellington street artist. In 2015, he started a “vlog”, commenting on videos of himself painting murals around the city. Fashion stores often sent Hemi clothes and sport shoes in the hope that he would wear them in his videos. Occasionally, Hemi received limited edition sneakers which he sold on Trade Me. After he was charged with criminal graffiti in early 2016, Hemi receives a great deal of publicity, and the number of people viewing his vlog soars.

SkateWorld starts sending Hemi a new pair of limited edition sneakers every month. (Each pair is worth at least $500.) Hemi was approached by MediaMega, a firm which specialises in obtaining advertising for websites. He entered into an agreement with MediaMega to place particular products in his videos, and receives a micro-payment for each person who views his vlog. In December 2016, MediaMega paid Hemi for $10,000 for videos-viewed. This met the costs of hosting his webpage ($1,000) that year and gave him some spare money for his fourth year at university. He was looking forward to a bigger cheque from MediaMega in December 2017 as his blog attracted yet more readers.

Required: Explain whether the sneakers Hemi received from SkateWorld and the money he received from MediaMega in December 2016 would be income under section CA 1(2) of the Income Tax Act 2007 (income under ordinary concepts).

Business Plan

I have chosen the mortgage industry with my main company being Quicken Loans. For my market domain I will be focusing on mortgage origination and servicing. The main reason I selected this market is I have been employed with a mortgage servicing company for the last 8 years and have gained significant knowledge operationally of how important this industry is to all customers. I am looking forward to evaluating this market and gaining additional knowledge in this industry. I have seen the progression from the crash of the mortgage industry in 2006 where it clearly showed how important it is as it almost pushed the U.S. economy into a recession. The mortgage industry has a long history of highs and lows and I believe I will be able to accurately identify SOWT within this industry. With an ever-changing world the mortgage industry has to continue to shift and balance revenue opportunities vs. regulatory compliance directives.

While doing my research I will be using resources such as S&P Global Ratings Research, Harvard Business, Housing Wire, FITCH rating agency data, US News, etc. I believe the challenges I will face with researching this market is the enormous amount of news reports and data that do not fully represent the facts accurately. I also believe due to this being such a large market and the amount of change that has occurred good and bad there is a lot of data to work through. A main focus within this market I will be using is going to be digital transformation and how Quicken loans has embraced this with their consumer base to not only increase productivity, but also provide an easier streamlined approach for consumers. The world is now different and the majority of people use cell phones, electronic funds transfer, online accounts, etc. Quicken loans is using this technology to enhance the consumer experience.

As part of researching the mortgage industry and Quicken Loans I will also be discussing companies who were not as fortunate and made mistakes which led to their ultimate closing such as Thornburg Mortgage LLC who was effected by the subprime mortgage crisis in 2007 which forced them to file chapter 11 bankruptcy in 2009 and lead to multiple investigations of the founders.

Question: Please provide substantive feedback on the above market domain selection. Please also provide references if used