Question 4: Suppose the current exchange rate for the Japanese Yen against the dollar is $1 = 120 yen. Answer the following questions using the long run model of the exchange rate developed in class.

a.           If you expect Japanese monetary growth to be a total of 25% larger than the US monetary growth rate over the next ten years, what is your best guess as to the exchange rate ten years from now? Be as precise as possible. What theory underlies your prediction given you have no other information?

b.           In addition to the higher money growth rate in Japan mentioned above, you are now told that output growth will be higher in Japan as compared to the US by 30% over the next ten years. What is your best guess as to the exchange rate ten years from now?

c.           Given the information in a. and b. where do expect inflation to be higher, the US or Japan?   Where do you expect interest rates to be higher? Where do you expect real interest rates to be higher? Be as precise as possible and explain the assumptions that you make at each step.

Questions 1 through 4 refer to a duopoly market in which the inverse demand function is given by P = 96 − Q. Firm 1's cost function is c(q₁) = 6q₁ (such that MC₁ = 6). Firm 2's cost function is c(q₂) = 12q₂ (such that MC₂ = 12).

Q1.In a Bertrand equilibrium of this market:

a.Firm 1 serves the entire market at a price of 6.

b.Each firm serves half the market at a price of 6

c.Each firm serves half the market at a price of 12.

d.Firm 1 serves the entire market at a price slightly below 12.

e.None of the other answers is correct.

Q2.The market price and quantity when firm 1 acts as a single-price monopolist will be:

a.P = 54 and Q = 42

b.None of the other answers is correct.

c.P = 51 and Q = 45

d.P = 57 and Q = 39

e.P = 48 and Q = 48

Q3.The Cournot best-response function for firm 2 will be:

a.q₂ = 42 − 0.5q₁

b.None of the other answers is correct.

c.q₂ = 45 − 0.5q₁

d.q₁ = 84 − 2q₂

e.q₂ = 0

Q4.The outputs of the two firms in Cournot-Nash equilibrium will be:

a.q₁ = 26 and q₂ = 32.

b.q₁ = 32 and q₂ = 26.

c.q₁ = 28 and q₂ = 28.

d.q₁ = 30 and q₂ = 30.

e.None of the other answers is correct.

Assume that you have a sample of n 1 =4​, with the sample mean Upper X overbar1=46​, and a sample standard deviation of Upper S 1=5​, and you have an independent sample of n 2=7 from another population with a sample mean of Upper X overbar 2=37 and the sample standard deviation Upper S 2=6.

Assuming the population variances are​ equal, at the 0.01 level of​ significance, is there evidence that μ1>μ2​?

Determine the hypotheses. Choose the correct answer below.

A stick is resting on a concrete step with 1/4 of its total length L hanging over the edge. A single ladybug lands on the end of the stick hanging over the edge, and the stick begins to tip. A moment later, a second, identical ladybug lands on the other end of the stick, which results in the stick coming momentarily to rest at θ=67.3∘ with respect to the horizontal, as shown in the figure. If the mass of each bug is 3.26 times the mass of the stick and the stick is 12.7 cm long, what is the magnitude α of the angular acceleration of the stick at the instant shown? Use g = 9.81 m/s.

1.Read the following Article and provide a beautiful summary and analysis and also Discuss the 4 considerations in a negligence case and consider all the possible defendants who could be held liable in the following article?(answer must be double spaced and not more than 3 pages.)

The mother of a baby who died at a Vancouver daycare describes the details of what she experienced that day in a lawsuit filed in B.C. Supreme Court. The statement of claim filed on Monday alleges baby Macallan (Mac) Saini choked on an electrical cord and died because he was left alone. His mother, Shelley Sheppard, is alleging negligence by the daycare operator, the property owners where the daycare was being operated, the local health authority and the provincial government. Statements of defence have not been filed and none of the allegations made in the lawsuit have been proven in court. Yasmine Saad, identified in the lawsuit as the operator of the daycare, could not be reached for comment. The Ministry of Children and Family Development said it cannot comment because the matter is before the courts, but legal counsel will review the lawsuit and "respond accordingly to the court." "The death of a child is a tragedy no parent should ever face, and our heartfelt condolences go out to the parents," it said in an e-mailed statement. The statement of claim accuses the landlords of allowing Ms. Saad to operate a daycare without a licence, failing to supervise operations and failing to ensure the premises were safe and suitable for an infant. One of the property owners said she was unaware her tenant was operating a daycare on the premises when she rented it to her and declined further comment. The second could not be reached. The statement of claim says Mac was 16 months old when he started attending the Olive Branch Daycare. It says when Ms. Sheppard arrived to pick up Mac on Jan. 18, 2017 - eight days after he started attending Olive Branch - a fire truck was in front of the daycare. She followed a firefighter up the stairs, it says, and she saw her son lying on the floor with a "'grey' pallor." She understood him to be dead. "Sheppard observed the defendant Saad yelling and screaming and attempting to resuscitate Mac Saini in a perfunctory way. Her experience in ... being present and witnessing the death of Mac Saini and seeing his lifeless body was shocking and horrifying to the plaintiff," the statement says. It alleges the daycare was "overcrowded" with children, including one who was hidden behind a couch and other children strapped to chairs. The lawsuit accuses Vancouver Coastal Health and the Ministry of Children and Family Development of failing to warn parents or stop the daycare from operating after "multiple complaints" of operating without a licence and overcrowding. Complaints were investigated in 2010, 2011, 2012, 2015 and 2016 and the lawsuit asserts the health authority identified Ms. Saad as a "moderate risk to health and safety." It says she was never fined and no steps were taken to prevent the daycare from continuing operations. Under B.C. law, child care providers are allowed to care for up to two children or a sibling group who are not related to them without a licence. Vancouver Coastal Health said in a statement that it inspects more than 1,100 daycares routinely ever year and inspection reports are posted on its website. "Without commenting on this particular case, the vast majority of daycares are meeting their regulatory requirements for providing appropriate and safe care to children," it said. Credit: THE CANADIAN PRESS

1. Why do some countries lag others economically? (Explain 4 factors)

Meir, Benson, and Lau are partners and share income and loss in a 1:4:5 ratio (in percents: Meir, 10%; Benson, 40%; and Lau, 50%). The partnership's capital balances are as follows: Meir, $28,000; Benson, $119,000; and Lau, $153,000. Benson decides to withdraw from the partnership.

1. Prepare the journal entry to record Benson's withdrawal under each independent assumptions. (Do not round intermediate calculations.)

(a) Benson sells her interest to North for $160,000 after North is approved as a partner;

(b) Benson gives her interest to a son-in-law, Schmidt, and Schmidt is approved as a partner;

(c) Benson is paid $119,000 in partnership cash for her equity;

(d) Benson is paid $157,000 in partnership cash for her equity; and

(e) Benson is paid $13,000 in partnership cash plus equipment recorded on the partnership books at $33,000 less its accumulated depreciation of $11,600.
  2. Assume that Benson does not retire from the partnership described in Part 1. Instead, Rhode is admitted to the partnership on February 1 with a 25% equity. Prepare journal entries to record Rhode’s entry into the partnership under each separate assumption: Rhode invests

(a) $100,000;

(b) $73,000; and

(c) $131,000. (Do not round your intermediate calculations.)

4. Suppose you are hired on January 1, 2020 and start depositing $400 at the end of each month, with the first deposit on February 1, 2020, in a pension fund that pays interest of 9% per year compounded monthly on the minimum monthly balance and credited at the end of each month.  

(a) How much money is in the pension fund on March 1, 2020?

(b) How much money is in the pension fund on April 1, 2020?

(c) How much money will be in the pension fund on January 1, 2040?

(d) What is the total amount of interest earned in this pension fund during these 20 years?

Assuming a constant mix of 4 units of Small for every 1 unit of Large.

What is the breakeven point in units for Small?

Group of answer choices

6,000 units

2,800 units

4,800 units

4,500 units

Question 17

Answer questions 17-18 using the information below:

Tosla Corporation has invested $1,000,000 in a plant to make commercial juicer machines. The company plans annual sales of 20,000 juicer machines. The target return on investment is 6% annually. Expected costs for next year are as follows:

Variable costs: $10 per unit

Fixed costs: $80,000

Assume the full cost is the cost base. What is the target selling price for Tosla Corporation?

Group of answer choices

$15

$20

$17

$22

Question 18

What is the markup as a percentage of total cost?

Group of answer choices

$21.43%

$18.22%

$25.95%

$17.65%

Question 19

The pricing strategy in which companies first determine the price at which they can sell a new product and then design a product that can be produced at a low enough cost to provide adequate operating income is referred to as

Group of answer choices

cost-plus pricing, or cost-based approach

market-based approach

loss leading strategy

short-run pricing

Question 20

Answer questions 20-22 using the following information:

Travis Inc. and Vesser Inc. are two small clothing companies that are considering leasing a dyeing machine together. If each company rents the machine on its​ own, it will cost $63,000 for Travis and $45,500 for Vesser. If they rent the machine​ together, the fee will decrease to $93,000.

If the stand-alone method were used, what amount of cost would be allocated to Travis Inc.?

Group of answer choices

$54,000

$45,500

$47,500

$63,000

Question 21

If the incremental method were used, what amount of cost would be allocated to Travis Inc.? Assume Travis is ranked as the primary user.

Group of answer choices

$37,750

$45,500

$63,000

$47,500

Question 22

If the Shapley value method were used, what amount of cost would be allocated to Travis Inc.?  

Group of answer choices

$55,250

$46,500

$54,250

$54,000

Question 23

Most of a product’s life-cycle costs are locked in by decisions made during the business function of the value chain.

Group of answer choices

manufacturing

design

marketing

customer service

On 1 July 2019, Contiki Ltd. was registered as a public company. On 4 July 2019, a prospectus was issued inviting applications for 40 000 shares payable $2 on application, $2 on allotment and $1 on a call to be made 3 months after the date of allotment.

By 31 July, applications were received for 50 000 shares. On 3^rdof August, the directors decided to reject and refund the application of 2,000 shares and allotted 40 000 shares to the applicants on a pro-rata basis. The remaining surplus was offset against the amount payable on allotment. The balance of allotment money was received by 12^thof August. Share issue costs of $1 250 were paid on 31^stof August.

A call was made on 3^rdof November to be paid on 15 November, but the holders of 2 400 shares did not pay the call. On 30^thof November these shares were forfeited. On 4^thof December, these shares were reissued as fully paid for a share value of $3 per share.

Required (Show all workings and ignore narrations):