a. In a small open economy, the domestic real interest rate can be higher than the world real interest rate. Answer true, false, or uncertain. Please briefly explain your answer.

b.Consider a country that is initially in steady state. According to the Solow–Swan model, if the technology parameter A increases but the saving rate falls, then the per capita capital stock increases and the country moves to a new, higher steady state level of per capita income.
Answer true, false, or uncertain. Please briefly explain your answer.

c.Consider a standard AD-AS model.
An increase in the inflation target is associated with a short-run decrease in unemployment but not a long-run decrease in unemployment.
Answer true, false, or uncertain. Please briefly explain your answer.

D. If the unemployment rate is decreasing, employment is increasing.
Answer true, false, or uncertain. Please briefly explain your answer.

E. An economy has two workers, Ben and Curtis. Every day they work, Ben can produce 24 shoes or 24 pants, and Curtis can produce 24 shoes or 12 pants. Suppose that the market price of pants is 5 shoes per pant. What goods do Ben and Curtis produce?
pants by Curtis; shoes by Ben
pants by Ben; pants by Curtis
pants by Ben; shoes by Curtis
shoes by Ben; shoes by Curtis

Describe the financial concept that stuck out to you the most. What in particular about this concept sticks out? Can you use this concept with your personal finances. If so, how? If not, how do you think you will use the concept?

In an experiment to isolate the lipids from horse red blood cells, one of the steps is too "Add 500µL of 10mM sodium phosphate buffer (pH. 7.0). Resuspend the pellet thoroughly by vortexing."

What happens in this step of the lipid isolation period? (hint: the supernatant in the next centrifuge step will be red)

“What, in your opinion, is the importance of a performance management system and how would the knowledge and skills you have acquired about the performance management system in this course help you in your career as an effective manager? Use your personal examples to illustrate your reflections.”

An experiment is picking a card from a fair deck. a.) What is the probability of picking a Jack given that the card is a face card? b.) What is the probability of picking a heart given that the card is a three? c.) What is the probability of picking a red card given that the card is an ace? d.) Are the events Jack and face card independent events? Why or why not? e.) Are the events red card and ace independent events? Why or why not?

Consider a three month futures contract on the S&P 500 index. The value of the index is 1000; the dividend yield is 1% and the three month interest rate is 4% continuously compounded. (a) Explain how to compute the futures price making sure to define all terms and assumptions. In particular carefully explain why the formula holds. Then compute the fair futures price. (b) Suppose the actual futures price is 1010.0. In great detail describe a strategy that creates guaranteed arbitrage free profits. What is the profit and when is it realized.

Tick-transmitted organisms (ranging from commensal symbionts to pathogenic viruses, parasites, and bacteria) are often understudied and poorly understood. What are some of the inherent difficulties in researching tick-transmitted diseases? Detail at least five as well as explain why they are difficult. Then explain why this field of research can been even more challenging when you are working with a wildlife population. Again, expecting a 400-500 word response addressing all the points and questions above. The CDC and the journal EID will be helpful resources.

Methyl orange changes from red at pH 3.1 to yellow at pH 4.4. Would methyl orange be a suitable indicator for the titration of propanoic acid (pKa=4.87, Ka=1.34x10^-5) with 0.01 M NaOH? Explain. Phenolphthalein changes from colorless at pH 8.0 to pink at pH 9.6. Would phenolphthalein be a suitable indicator for the titration of propanoic acid with 0.01 M NaOH? Explain.

Adjusted Trial Balance

1. Verbally give four (4) examples of the types of adjustment needed.   

2. Once the adjustments are made, verbally explain what do you do with the ATB   

Create financial statements (FS) from the Adjusted Trial Balance (ATB)

1. Verbally name the FS’s created from the ATB

2. Verbally explain how each FS’s are created from the ATB

3. For each of the FS’s,
   1. Verbally list the major sections
   2. Verbally name the accounts in each section

Philip Musa can build either a large video rental section or a small one in his Birmingham drugstore. He can also gather additional information or simply do nothing. If he gathers additional​ information, the results could suggest either a favorable or an unfavorable​ market, but it would cost him ​$3, 500 to gather the information. Musa believes that there is a​ 50-50 chance that the information will be favorable. If the rental market is​ favorable, Musa will earn ​$18,000 with a large section or ​$6, 000 with a small. With an unfavorable​ video-rental market,​ however, Musa could lose ​$21, 000 with a large section or ​$16, 000 with a small section. Without gathering additional​ information, Musa estimates that the probability of a favorable rental market is 0.7. A favorable report from the study would increase the probability of a favorable rental market to 0.9. ​Furthermore, an unfavorable report from the additional information would decrease the probability of a favorable rental market to 0.4. Of​ course, Musa could ignore these numbers and do nothing. What is your advice to​ Musa?

The expected payoff is ​$ ___ ​(round your response to the nearest​ dollar).