1. The aggregate demand curve
Group of answer choices
a. is derived from equilibrium conditions in the labor and money markets
b. plots the interest rate as a function of output
c. is the sum of an economy’s individual demand curves
d. gives the equilibrium level of GDP corresponding to a given price level
e. represents the relationship between prices and quantities of all goods produced in an economy
2. Everything else constant, who is least likely to lose from unexpected inflation?
Group of answer choices
a. a retired person whose pension payments are fixed dollars
b. a consumer who spends extra time shopping for the lowest prices
c. a homeowner scheduled to make fixed nominal mortgage payments
d. a bank scheduled to receive fixed nominal mortgage payments
e. a person with a large amount of money deposited in a savings account
3. If there is an increase in the price of oil and the Federal Reserve wants to maintain output stability, it should
Group of answer choices
a. buy bonds
b. more than one answer is correct.
c. increase taxes
d. decrease taxes
e. sell bonds
4. If an economy is producing on its short-run aggregate supply curve but to the right of its aggregate demand curve then
Group of answer choices
a. the price level is too low to support that level of production
b. inventory levels must be decreasing and output will begin to increase
c. inventory levels must be increasing and output will begin to decrease
d. the price level is too high to support that level of production
PLEASE ANSWER THE 4 MULTIPLE CHOICES LIKE CHEGG SUGGETS, I WILL GIVE THUMBS UP.
In: Economics
You have been hired to produce a family tree for three generations of a family where a disorder called sneezer syndrome is observed. People who suffer from sneezer syndrome sneeze when they smell peppermint. In order to draw a pedigree chart for this family, you interview Mike and Annie. Neither suffer from sneezer syndrome. Annie’s mother is normal, while Annie’s father sneezed at the smell of peppermint. Annie has one sister and one brother and her sister is a sneezer. While Annie’s sister has yet to have kids, her brother married a sneezer. Mike’s mother is a sneezer while his father is normal. Mike’s brother is just like their mother. In addition, this brother married a sneezer. Mike’s sister is normal - as is her husband and their one boy.
draw a pedigree chart (one point). Use the letters A and a. If more than one genotype is possible for an individual - you may write it as A with a dash - e.g. A-
Use your pedigree chart to answer the following questions (four points):
a. Annie’s brother and his wife have two kids – a sneezing boy and a normal girl. What are their genotypes ?
boy -
girl -
b. What are the genotypes of Mike’s brother-in-law (his sister’s husband) and their boy?
brother-in-law -
his son -
c. Mike and Annie have two girls and a boy. The boy and one girl are normal. What are the genotypes of their three kids?
boy -
girl 1 -
girl 2 -
d. Mike and Annie want a 4th child. What is the chance that this child will be a boy who is a sneezer. Write your answer as a reduced fraction - e.g. 1/8.
In: Biology
According to the CAPM, which of the following is false regarding the market portfolio?
|
All securities in the market portfolio are held in proportion to their market values. |
||
|
It includes all risky assets in the world. |
||
|
It is always the minimum-variance portfolio on the efficient frontier. |
||
|
It lies on the efficient frontier. |
||
|
None of the above. |
Which of the following statements about correlation is least accurate?
|
If the correlation coefficient is 0, a zero-variance portfolio can be constructed. |
||
|
Diversification reduces risk when correlation is less than +1. |
||
|
The lower the correlation coefficient, the greater the potential benefits from diversification. |
||
|
Correlation coefficient ranges from -1 to +1. |
||
|
All the above statements are accurate. |
Which of the following statements about risk-averse
investors are true? A risk-averse investor
_________.
[I] seeks
out the investment with minimum risk, while return is not a major
concern.
[II] will
take on additional risk if sufficiently compensated for the
risk.
[III] will
only invest in bonds.
|
I only. |
||
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II only. |
||
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III only. |
||
|
I and II only. |
||
|
None of statements I, II, or III are true. |
According to the CAPM:
|
An investor who is risk adverse should hold at least some of the risk-free asset in his portfolio. |
||
|
All investors who take on risk will hold the identical portfolios of risky assets. |
||
|
A stock with high risk, measured as standard deviation of returns, will have high expected returns in equilibrium. |
||
|
Individual investors are price setters. |
||
|
None of the above. |
You have a $300,000 portfolio consisting of Starhub, Singtel and M1. You put $150,000 in Starhub, $90,000 in Singtel and the rest in M1. Starhub, Singtel and M1 have betas of 1.4, 1.8 and 0.7 respectively. What is your portfolio beta?
|
1.3 |
||
|
1.38 |
||
|
1.4 |
||
|
1.455 |
||
|
1.605 |
In: Finance
2. Determine whether each of the following would be considered frictional, structural, seasonal, or cyclical unemployment. Please answer in the blank box.
|
A |
A UPS employee who was hired for the Christmas season is laid off after Christmas |
|
|
B |
A worker who is laid off due to reduced aggregate demand in the economy |
|
|
C |
A worker in a DVD rental store becomes unemployed as video-on-demand cable service becomes more popular |
|
|
D |
A new college graduate is looking for employment |
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?
In: Economics
C A S E S T U DY 5-1 Accountabilities, Objectives, and Standards Below is an actual job description for a sourcing and procurement internship position that was available at Disney Consumer Products/Studios. Based on the information in the job description, create accountabilities, objectives, and standards for this position. TITLE Graduate Associate, Sourcing, & Procurement (Disney Consumer Products/Studios) THE POSITION • Provide analytical support for sourcing projects impacting business units, specifically targeting Disney Consumer Products & Studios. • Benchmark current pricing models and develop new approaches to pricing/buying various products and services that yield creative and business advantage. • Support the continuing efforts to increase the percentage of spend influenced, specifically as it relates to business units where we have had only a minor impact. • Assist in the development of spend profiles, key stakeholder lists, savings opportunities where existing contracts are leveraged, savings opportunities in commodity areas that have not been sourced. • Assist in developing overall Sourcing & Procurement strategy for partnering with business units, specifically targeting Disney Consumer Products & Studios. THE COMPANY The Walt Disney Company is a diversified, international family entertainment and media company with 2003 annual revenues of $27.1 billion. Its operations include theme parks and resorts, filmed entertainment, including motion pictures and television shows, home video and DVD products, records, broadcast and cable networks, Internet and direct marketing, consumer products, radio and television stations, theatrical productions, publishing activities, and professional sports enterprises. THE IDEAL CANDIDATE • Ability to conceptualize issues and problems and develop hypotheses around appropriate responses. • Intellectual curiosity and professional commitment to excellence. • Superior analytical skills defined by an ability to identify and rearticulate critical aspects of a business situation from a large data pool (both qualitative and quantitative). • Superior Microsoft Excel modeling skills. • Strong written and verbal communication skills with the ability to build relationships. • Ability to work independently. • Demonstrated ability to manage multiple tasks, meanwhile retaining focus on project deliverables and strategic priorities. THE OPPORTUNITY This will be an opportunity for an MBA intern to utilize project management skills he or she has learned in the classroom. The intern will be faced with difficult and/or skeptical clients and will learn how to work with them. They will have an opportunity to execute portions of the sourcing methodology and work in teams. This will also be an opportunity for those individuals who have not experienced working in Corporate America, and for those that have had some experience, to further their learnings. The intern will gain experience from working in the Media and Entertainment industry. Through these various experiences, we hope the intern will find value in the internship we are offering.
Evaluating Objectives and Standards Using the results from Case Study 5.1, use the accompanying checklist to evaluate each objective and standard you produced. For each objective and standard, use the first column in the checklist, and place a check mark next to each of the ideal characteristics if the characteristic is present. Then, use the Comments column to provide a description of why or why each objective and standard meets or does not meet the ideal. Finally, review your tables, and provide an overall assessment of the quality of the objectives and standards you created.
Objectives must have the following characteristics: Comments Specific and clear Challenging Agreed upon Significant Prioritized Bound by time Achievable Fully communicated Flexible Limited in number Performance standards must have the following characteristics: Comments Related to the position Concrete, specific, and measurable Practical to measure Meaningful Realistic and achievable Reviewed regularly
In: Operations Management
summarize article , and include a few sentences of your reaction or questions that the article has created for you. in three or four paragraphs
Chinese Drone Maker Plows Into Agriculture; DJI to launch crop-spraying drone in effort to expand into farming sector
China's SZ DJI Technology Co., the world's top consumer-drone maker, is setting its sights on the agriculture industry with the launch of a crop sprayer that will test whether farming is fertile ground for drone technology.
DJI, which helped kick-start the global craze for drones with its $1,000 easy-to-fly devices, has unveiled an eight-rotor drone priced at roughly $15,000 that is designed to spray pesticides on crops, a spokesman said. DJI said the drone, which has a 2.6-gallon spray tank and a typical takeoff weight of about 49 pounds, can fly for about 12 minutes.
It can spray pesticides on seven to 10 acres of farmland an hour, depending on how much it needs to climb, descend or turn to follow the terrain.
The battery-powered DJI Agras MG-1 will be available first in China and South Korea, though the company didn't specify exactly when it would go on sale. In China, DJI was taking preorders Friday. The drone is expected to be available in other markets later, the company said.
Shenzhen-based DJI has found success selling drones to consumers and filmmakers since 2013, with revenue expected to exceed $1 billion this year.
The company, which is valued at roughly $8 billion based on its latest funding round, is now betting it can parlay that success into farming. Its push into the sector could open the way for other drone makers--or prove that agriculture isn't the cornucopia for unmanned aircraft that some had hoped.
The Association of Unmanned Vehicle Systems International, the largest drone trade group, has touted farming as the biggest potential market for drones, by far. In a 2013 report, the Arlington, Va.-based group forecast that agriculture would account for 92% of an estimated $82 billion economic impact from commercial drones in the U.S. between 2015 and 2025.
But even as the commercial use of drones has taken off world-wide, agriculture is far from capturing such a large share of the market. Fewer companies are applying for U.S. Federal Aviation Administration approvals to use drones on farms than for activities such as filmmaking, mapping and industrial inspection, according to recent studies.
The FAA began regularly approving drones for commercial use in September 2014. Just 90 of the FAA's first 1,355 approvals were for agriculture, according to Piper Jaffray Investment Research--well behind the 670 approvals for aerial filming. The FAA has approved most applications it receives.
Much of the promise for agricultural drones has been in their ability to collect large-scale aerial data on crops. The information helps farmers more precisely tend to their fields, adding or reducing irrigation or pesticides where necessary. So far, agricultural drones have failed to live up to their promise because giving farmers actionable data on their crops is far more complex than making a map or filming a movie, analysts said.
Commercial-drone maker Kespry Inc., based in Menlo Park, Calif., said it originally considered targeting agriculture as its top initial market, but ultimately decided on construction.
"To serve that market we need real expertise--agronomists who can combine the data with information on weather and local pests, and provide real recommendations," said Kespry founder and Chief Executive Paul Doersch. "For us to scale it didn't make sense."
Despite the complexities, DJI isn't the only drone maker betting on farming to diversify its revenue stream. Henri Seydoux, CEO of Paris-based Parrot SA, which has quickly captured the lower end of the consumer-drone market , said his company will collect data on 200,000 acres for farmers in France this year. Still, commercial drones earned Parrot just [euro]5.6 million ($6 million) in the third quarter, compared with [euro]44.4 million on consumer drones.
Agricultural drones "are at an early phase," Mr. Seydoux said. "It's true for all the commercial spaces. There is a lot of expectation but still not a big result."
DJI is making a different bet on agriculture: spraying crops instead of inspecting them. In China, chemicals are often administered on foot by backpack-wielding workers. Drones would improve pesticide application on hilly or wet land that is difficult to access and would limit farmworkers' exposure to chemicals, said Even Pay, a Beijing-based agriculture consultant who has studied Chinese farming methods. Japanese farmers have used large gasoline-powered unmanned helicopters made by Yamaha Motor Co. since the early 1990s to spray their fields. Yamaha began selling the drones to South Korean farmers in 2005. The FAA in May approved the drone for limited use in the U.S., and the company is considering whether to introduce it in the country. Analysts said DJI's crop-spraying drone will likely struggle to win over Western farmers who generally tend to larger areas. Large U.S. farms have for decades used small planes that can carry hundreds of gallons of pesticide to spray their fields. The planes are efficient at covering large areas and relatively inexpensive to hire.
Robert Blair, an Idaho farmer and vice president of agriculture for commercial-drone company Measure LLC, said he is bullish on drones that collect data on crops but skeptical about crop-spraying drones like DJI's that can carry only a few gallons of pesticide. "It's a niche market," he said
In: Economics
Directions:
Once you answer the Essential Questions above, create and scenario for each answer. Your questions should help you focus on the different laws, how these laws apply in ethical decision making, and solutions to common workplace problems.
Why is health care information protected by law?
a). Health information is any information about a person’s health or disability. It is often sensitive and personal, depending upon the intensity of the illness or the type of treatment etc., which is why there are laws to protect your health information. This does not imply that you have the right to hide contagious diseases which might be a threat to the public, or something which threatens your own well-being in an emergency. Such information may be used to identify the individual and thereby pose a threat to his/her security. Apart from that, it may also provide data and records personal to a patient and allow healthcare providers to exploit the patient by using those records. The purpose of these rules is not to just maintain privacy, but also to ensure that all patient records are taken care of very accurately and systematically with proper measures in place, so that a person can access his/her health records whenever necessary without the fear of ever losing them.
Why does affirmative action only protect certain races/nationalities of people?
b). Affirmative action was created to protect women and racial minorities (largely African and Asian Americans). the idea was to end the discrimination in the society and provide equal opportunity to every American citizen. And these groups of people have been historically not allowed to express themselves and succeed in the society. It is supposed to be different from quota system since it carries targeted goals instead. So the selection criteria is based upon the past discrimination faced by the people of certain races or nationalities, and not on a case by case basis.
Why is sexual harassment in the workplace difficult to prove?
c). Sexual harassment cases are not easy to prove in workplaces, because the events occur in a closed room or a restricted environment, like cases of domestic violence, where there are usually no documented records of harassment (electronic or handwritten). Unlike harassment cases in open or public spaces where there are some or at least one bystander, workplaces are enclosed with people of the same company, who may try to suppress the issue to protect the reputation of the organization, or maybe to save the accused who would be an acquaintance. Also, harassment cases are easier to prove when the accused has created a hostile environment for the victim by stalking on the way or misleading to a wrong place. But in case of a workplace, the victim is usually at that place with his/her consent since he/she works there. Apart from that all harassment cases cause a lot of emotional and financial hurdles for the victim, and in case of a workplace involved, the emotional breakdown is even more, since the victim must be with the same people all the time, who might be present very close to the scene and be in close contact with the accused.
In: Operations Management
41.
Which of the following statements holds true for the term, unintentional discrimination?
Select one:
a. It refers to discrimination expressed by an individual within an organization that may or may not share the outlook.
b. It refers to discrimination embedded in an organization’s culture.
c. It refers to an episode of discrimination not indicative of an individual’s or an organization’s standard practice.
d. It refers to discriminatory acts stemming from unrealized prejudice.
e. It refers to recurrent episodes of discrimination indicative of an individual’s or an organization’s standard practice.
42.A rail road is being proposed by the government to join two neighboring cities. The rail road will significantly reduce the travel time between the two cities. The only concern is that to set up the infrastructure for the rail road, approximately ten square miles of forests will need to be cleared. The forest is known for its flora and fauna and regularly attracts people from all over the country. Any construction activity in the forest would deprive future generations of this rich heritage. Thus the plan for the proposed rail road has been shelved because of the idea that the environment should be protected so that future generations may live in it, and have the choices as individuals have today. The above is an example of:
Select one:
a. social fairness.
b. an aesthetic argument.
c. an environmental impact statement.
d. incentives.
e. externalities.
43.Which of the following statements holds true for the concept of “fairness”?
Select one:
a. It refers to the duty to treat equals equally and unequals unequally.
b. It refers to the duty to compensate others when we harm them.
c. It refers to the duty to keep our promises and hold up our end of bargains.
d. It refers to the duty to thank and remember those who help us.
e. It refers to the idea that when you set up rules for resolving dilemmas, you don’t get to know beforehand which side of the rules you will fall on.
44.Susan and Michelle plan to steal office stationery, sell it, and keep the profits. John overhears their plans and immediately reports what he heard to an authoritative figure in the organization. This is an example of:
Select one:
a. conflict of interest.
b. a kickback.
c. reporting.
d. a bribe.
e. whistleblowing.
45._____ refers to the argument that discrimination is wrong because it treats people unequally for reasons not involving merit.
Select one:
a. The fairness argument
b. The rights argument
c. The temperance argument
d. The courage argument
e. The utilitarian argument
In: Accounting
Consider an individual that must decide how much to consume in a two period model. Let us suppose that her preferences for present consumption (c1) and future consumption (c2) can be characterized by the following utility function: u(c1, c2) = c1^0.5 × c2 Further assume that her income in both the present period (M1) and the future period (M2) is equal to 105, the price index in the present period (p1) is 1, the price index in the future period (p2) is 1.05, and the nominal interest rate (i) is 0.05. (a) Illustrate this individual’s intertemporal budget constraint with c1 on the horizontal axis. What is the slope of this budget constraint and her present and future consumption 1 at her zero savings point? Add the zero savings point to your diagram. (b) Solve for this individual’s optimal values of c1 and c2 respectively. What is her total utility at this equilibrium? Illustrate this equilibrium in your diagram from part (a). (c) Now suppose that the nominal interest rate decreases to 0.04. Let all of the other parameters in the model remain unchanged. Calculate the total effect of this increase in i on c1. (d) Decompose the total change in c1 consumption in part (c) into an income effect and a substitution effect. You will find it helpful to use a new diagram to first illustrate the income and substitution effect.
In: Economics
Some statistics students estimated that the amount of change daytime statistics students carry is exponentially distributed with a mean of $0.72. Suppose that we randomly pick 25 daytime statistics students.
a. In words, define the random variable X.
(from these) -the number of coins that a daytime statistics student carries--the total amount of money that a daytime statistics student carries---the amount of change that a daytime statistics student carries---the number of daytime statistics students who carry change
b. Give the distribution of X.
c. In words, define the random variable x-bar
(from these)-the average number of daytime statistics students----the average number of daytime statistics students who carry change---the average amount of change a daytime statistics student carries---the average amount of money a daytime statistics student carries
d. Give the distribution of X bar (Round your standard deviation to three decimal places.)
e. Find the probability that an individual had between $0.72 and $0.90. (Round your answer to four decimal places.)
f. Find the probability that the average of the 25 students was between $0.72 and $0.90. (Round your answer to four decimal places.)
g. Explain why there is a difference between parts (e) and (f).
(from these)- The graph of sample means becomes more normal as the sample increases; therefore, in part (f), the graph is approximately normal and in part (e), the graph is exponential.-----The graph of the amount of change becomes more normal as the sample increases; therefore, in part (e), the graph is approximately normal and in part (f), the graph is exponential.----- There is always a better chance for 25 people to have between $0.72 and $0.90 than for 1 person to have that amount.-----There is always a better chance for one person to have between $0.72 and $0.90 than for 25 people to each have that amount.
In: Statistics and Probability