2. Determine whether each of the following would be considered frictional, structural, seasonal, or cyclical unemployment. Please answer in the blank box.  

3. Technological change is an important driver of economic growth. Find a story about a new innovation, (The “Technology” column in the Wall Street Journal Marketplace section is a good place to find one).In addition to providing a link to the article complete the following:

1. Briefly describe the article

2. How will this innovation affect the US production possibilities frontier?

3. Does is it seem to affect employment as well?

4. If so which type of workers will be harmed?

Driving the Green Car Market in Australia

High fuel costs and concerns over climate change are just two factors that have caused Australia’s once-booming automotive Industry to stall in recent years. Although car exports stood at a respectable $5.2 billion in 2008, making it one of the country’s top ten export earners ahead of more traditional exports such as wine, wheat, and wool, there has been a significant change in consumer preferences. While the market was once dominated by demand for large passenger cars, consumers both domestically and abroad now want smaller cars with lower fuel consumption. As well as demands for change from car buyers, the industry has also been facing the double whammy of pressures on costs from within. Longstanding plans to cut trade tariffs and quotas that had protected the industry since 1985 have been causing alarm about what the future might hold because there is now even less incentive to build cars locally. Although the automotive industry around the world has been suffering in the deep financial downturn of the time, any further pressure on Australian car manufacturing would undoubtedly have a devastating effect. Australian carmakers build about 320,000 vehicles a year and employ about 65,000 people. Many others are also engaged in associated industries that benefit from the large market. When Mitsubishi closed the last of its manufacturing plants in 2008, leaving just three automakers operating in the country (local subsidiaries of Ford, Toyota, and General Motors), the government could see it was time to act. To add a sense of urgency, Ford Australia announced plans to cut 450 jobs, as industry figures showed car sales down 11 percent from the year before. The solution was a proposal to spend $3.4 billion between 2011 and 2020 on a fund to transform the Australian automotive industry into the green car market. The intention is to use the fund to help the manufacturers still involved in that country with thecosts of developing new technologies for alternative energy vehicles and encourage them to make any existing environmentally friendly models in Australia. The initiative caught the attention of Japanese car giant Toyota, which is one of the many international automakers racing to offer more fuel-efficient models in the wake of fuel prices hitting record highs around the world as well as increased environmental concerns. Toyota’s business plan is to reach a target of selling 1 million hybrid cars by the early part of the next decade, and to accomplish this goal, it needs to more than double production of the vehicles. The Japanese company was already buildingm its Camry hybrid in Japan, as well as in Kentucky in the United States and in a joint venture factory in China. In 2008, thanks in part to the strength of the Australian dollar, it had been weighing an alternative plan to import engines to Australia from its Kamigo plant in Japan.

In September 2010, after months of discussion, Toyota announced a $300 million upgrade of its plant in western Melbourne. Under the investment, which has been partly funded by taxpayers through a $63 million payment from the Green Car Innovation Fund, as well as an injection of cash from the local Victorian administration, the Altona engine plant was aiming to produce 100,000 hybrid engines and four-cylinder new generation engines each year from the second half of 2012. The plan was that the Australian-made engines would be exported into other countries that manufacture Toyota’s Camry and Hybrid Camry.

Toyota’s more environmentally sustainable engines will consume 4.5 percent less fuel and produce 5 percent fewer greenhouse gas emissions than the current equivalent. The Australian government claimed that the initiative would secure as many as 3,300 jobs, including existing direct and indirect jobs, and would anchor Toyota’s operations in the country for years to come. According to Toyota executives, the support provided by the Green Car Innovation Fund was the major factor in the project going ahead when they weighed it against other alternatives, including transferring production to the home market in Japan.

Thinking Globally

7-19. What do you think were the chief factors involved in Toyota’s decision to undertake FDI in Australia rather than build its hybrids in Japan?

7-20. Why do you think Toyota decided to adapt the existing plant in Melbourne rather than build one from the ground up elsewhere in Australia? List as many reasons as you can, and explain your answer.

7-21. What do you think the decision to manufacture in Australia rather than in its domestic factories will do to the company’s reputation at home? How much attention do international customers pay to the location where their automotive are assembled?

7-22. What do you see as the pros and cons of Toyota’s approach to managing FDI?

Driving the Green Car Market in Australia
High fuel cost and concern over climate change are just two factors that have caused Australia’s once booming automotive industry to stall in recent years. Although car exports stood at a respectable $5.2 billion in 2008, making it one of the country’s top ten export earners ahead of more traditional export such as wine, wheat, and wool, there has been a significant change in consumer preferences. While the market was once dominated by demand for large passenger cars, consumer both domestically and abroad now want smaller cars with lower fuel consumption.
As well as demand for change from car buyers, the industry has also been facing the double whammy of pressure on cost from within. Longstanding plan to cut trade tariff and quotas that had protected the industry since 1985have been causing alarm about what the future might hold because there is now even less incentive to build cars locally. Although the automotive industry around the world has been suffering in the deep financial downturn of the time, any further pressure on Australian car manufacturing would undoubtedly have a devastating effect. Australian carmakers build about 320 000 vehicles a year and employ 65 000 people. Many others are also engaged in associated industries that benefit from the large market.
When Mitsubishi closed the last of its manufacturing plants in 2008, leaving just three automakers operating in the country (local subsidiaries of Ford, Toyota and General Motor), the government could see it was time to act. To add a sense of urgency, Ford Australia announced plans to cut 450 jobs, as industry figures showed car sales down 11 percent from the year before.
The solution was a proposal to spend $3.4 billion between 2011 and 2020 on a fund to transform the Australian Automotive industry into the green car market. The intention is to use the fund to help the manufacturers still involved in that country with the costs of developing new technologies for alternative energy vehicles and encourage them to make any existing environmentally friendly models in Australia.
The initiative caught the attention of Japanese car giant Toyota, which is one of the many international automakers racing to offer more fuel-efficient models in the wake of fuel prices racing to offer more fuel-efficient models in the wake of fuel prices hitting record high around the world as well as increased environmental concerns. Toyota’s business plan is to reach a target of selling 1 million hybrid cars by the early part of the next decade, and to accomplish this goal, it needs to more than double production of the
vehicles. The Japanese company was already building its Camry Hybrid in Japan, as well as in Kentucky in the United States and in a joint venture factory in China. In 2008, thanks in part to the strength of the Australian Dollar; it had been weighing an alternative plan to import engines to Australia from its Kamigo plant in Japan.
In September 2010, after month of discussion, Toyota announced a $300 million upgrade of its plant in western Melbourne. Under the investment, which has been partly funded by taxpayers through a $63 million payment from the Green Car Innovation Fund, as well as an injection of cash from the local Victorian administration, the Altona engine plant was aiming to produce 100,000 hybrid engines and four-cylinder new generation engines each year from the second half of 2012. The plan was that the Australian-made engines would be exported

into other countries that manufacture Toyota’s Camry and Hybrid Camry. Toyota’s more environmentally sustainable engine will consume 4.5 percent less fuel and 5 percent fewer greenhouse gas emission than current equivalent. The Australian government claimed that the initiative would secure as many as 3,300 jobs, including existing direct and indirect jobs, and would anchor Toyota’s operation in the country for years to come. According to Toyota executives, the support provided by the Green Car Innovation Fund was the major factor in the project going ahead when they weighed it against other alternatives, including transferring production to the home market in Japan.
REQUIRED:
QUESTIONS
1. Based on case study above, should Australia’s government intervene in Foreign Direct Investment? Provide your justification with example.

2. As Australia’s strategic officer, provide suggestion (s) on strategy to attract more car automakers to invest in your country.

3. Toyota has decided to manufacture in Australia rather than in its domestic factories. Justify the action whether if it is a strategic move and discuss the significant impact of this decision towards Toyota’s image and reputation in its host country.
( 8 marks)
4. Based on your understanding, explain the reason (s) for Australian Government to implement trade tariff and quotas on all imported automobiles.

From the information given below, compute the time in days for the following notes:

From the information given below, determine the due date for the following notes:

From the information given below, calculate the accrued interest for the following notes (round to two decimal places, if necessary). Assume 360 days in a year.:

Use the following data to answer questions 35-41:

The country of Fabrica produces and consumes textile goods. The following information tells you their production levels and prices for the only three goods they produce and consume:

• 2009:
• Towels -- Price = $12; Quantity = 120
• Shirts -- Price = $10; Quantity = 240
• Bottles of Fabric Softener -- Price = $1; Quantity = 50

• 2010:
• Towels -- Price = $20; Quantity = 150
• Shirts -- Price = $12; Quantity = 325
• Bottles of Fabric Softener -- Price = $5; Quantity = 90

What is the nominal GDP for each year?

Using 2009 as your base year, what would the real GDP be for each year?

Using 2009 as your base year, what would the GDP deflator be for each year?

Using a GDP deflator method, what would the inflation rate be?

Use the following basket for a CPI method: 12 towels, 24 shirts, and 5 bottles of fabric softener.

What is the cost of the basket for each year?

Using 2009 as your base year, what would the CPI be for each year?

Using a CPI method, what would the inflation rate be?

Boomerang Generation - Short Term: In a 2010 Pew Research Center survey, suppose 83 out of 396 randomly selected young adults (ages 18–34) had to move back in with their parents after living alone. In a 2012 survey, suppose 199 out of 808 young adults had to move back in with their parents. The table below summarizes this information. The standard error (SE) is given to save calculation time if you are not using software.

Data Summary:

SE = 0.02598

The Test: Test the claim that a greater proportion of all young adults moved back in with their parents in 2012 than in 2010. Use a 0.05 significance level.

(a) Letting p̂₁ be the proportion of young adults that had to move back in with their parents in 2012 and p̂₂ be the proportion from 2010, calculate the test statistic using software or the formula

z =

where δ_p is the hypothesized difference in proportions from the null hypothesis and the standard error (SE) given with the data. Round your answer to 2 decimal places.
z =
To account for hand calculations -vs- software, your answer must be within 0.01 of the true answer.

(b) Use software or the z-table to get the P-value of the test statistic. Round to 4 decimal places.
P-value =

(c) What is the conclusion regarding the null hypothesis?

reject H₀

fail to reject H₀    

(d) Choose the appropriate concluding statement.

The data supports the claim that a greater proportion of all young adults moved back in with their parents in 2012 than in 2010.

There is not enough data to support the claim that a greater proportion of all young adults moved back in with their parents in 2012 than in 2010.

We have proven that a greater proportion of all young adults moved back in with their parents in 2012 than in 2010.

We reject the claim that a greater proportion of all young adults moved back in with their parents in 2012 than in 2010.

Geometric Dimensionig and Tolerancing

1. Professions (desiner, manufacturing engineer, machinist, machine programmer, inspector, tool designer) and trades, that how affected by dimentions?

2. How to reduces cost? by design through teamwork (inspector, machinist, engineer)

An experienced Python programmer in your company wants your assistance calculating the division of the numerator being the sum of all the multipliers of four divided by the denominator of all the multipliers of three using one for loop and one range statement respectively. Both sums of the numerator and denominator respectively are to be calculated using the same range of numbers between (and including) the number 0 and up to (and including) the number 100. The experienced Python programmer gives you a hint that the answer for the requested division is .77243. Please create the script that uses one for loop and will produce the expected output below. Your code must use a loop to receive credit.

Expect Output:

The sum of all multipliers of 4 is: 1300

The sum of all multipliers of 3 is: 1683

1300 divided by 1683 is 0.7724301841948901

Question 1

Selecting the programming language is important

Group of answer choices

It allows a programmer to pick their favorite language

It identifies the best language as the best tool for solving a particular problem

It enables only certain programmer to communicate

None of these

Question 2

High level languages include

Group of answer choices

Basic, Fortran, Cobol, Pascal, C

HTML, XML

Java, C++

All of these

Question 3

A major ethical concern on the Internet

Group of answer choices

Privacy

Selling your product

Getting your profile on Facebook

None of these

Question 4

                    The brain of the computer is

Group of answer choices

The processor

The CPU

The central processing unit

All of these

Question 5

The decision in the cost benefit analysis are based on

Group of answer choices

Goals

Work Practices

Budgeting Criteria

All of these