Questions
What is global cosmopolitanism? a. a new society in which a small group of corporations wield...

What is global cosmopolitanism?

a.

a new society in which a small group of corporations wield nearly unchecked power

b.

the belief that the economy will become more web-based

c.

a universal political order that draws its identity and values from everywhere

d.

a trend whereby traditional civil society is replaced by digital interactions

5 points   

QUESTION 2

Scholars who study societal globalization argue that as globalization increases, new individual and collective identities may emerge. Which two factors, do they argue, may increase this trend?

a.

trade and increasing foreign investment

b.

migration and communication technologies (e.g., internet, cell phones)

c.

global cosmopolitanism and increasing access to education

d.

communication technologies (e.g., internet, cell phones) and transnational activism

5 points   

QUESTION 3

Critics of economic globalization argue that it contributes to greater

a.

repression.

b.

resource depletion.

c.

government taxation.

d.

inequality.

5 points   

QUESTION 4

Which of the following observations may best demonstrate that the impact of political globalization is perhaps less widespread than we may think?

a.

The European Union has declined in power and influence since the 1990s.

b.

Sovereignty and statehood remain a major demand for people around the world.

c.

The number of democracies has declined in recent years.

d.

Transnational media, with reporting that covers multiple countries, has failed to really emerge.

5 points   

QUESTION 5

Recent versions of the World Values Survey have asked respondents whether they trust individuals of another nationality and find that levels of mistrust are higher

a.

among men.

b.

among older generations.

c.

among younger generations.

d.

among Western countries.

5 points   

QUESTION 6

Critics of political globalization warn that which of the following problems may emerge as the world becomes more globalized?

a.

increased transportation costs and scarcity of goods

b.

rising inequality and nationalist conflict

c.

less efficient policy solutions developed by international rather than local actors

d.

increased fragmentation, violence, and the weakening of democracy

5 points   

QUESTION 7

In economic globalization, what does foreign direct investment (FDI) refer to?

a.

FDI occurs when international organizations such as the World Bank get involved in local economies.

b.

FDI occurs when a firm moves some of its work to a secondary business that can do the work more efficiently or cheaply.

c.

FDI occurs when firms rely on immigration to maintain strong labor forces.

d.

FDI occurs when foreign firms purchase assets in another country.

5 points   

QUESTION 8

In his famous work, The Economic Consequences of the Peace, economist John Maynard Keynes wrote of a period of history that, with its transcontinental travel, trade, and communication, sounded very much like our modern globalized world. To what period was he referring?

a.

the late nineteenth and early twentieth centuries, prior to World War I

b.

the mid-twentieth century, when airplanes first made intercontinental travel feasible

c.

the Silk Road period, prior to the 1400s

d.

the beginning of the age of imperialism, from the 1500s to the 1800s

5 points   

QUESTION 9

Supporters of economic globalization argue that globalization

a.

is inevitable, and thus we should focus on making sure it benefits the most people.

b.

encourages countries to diversify their economies, promoting more jobs.

c.

leads to the diffusion of economic power, with less wealth concentrated in multinational companies.

d.

diffuses wealth more effectively, promoting greater prosperity and raising standards of living worldwide.

5 points   

QUESTION 10

Which of the following would best be classified as an example of a nongovernmental organization (NGO)?

a.

World Trade Organization

b.

Greenpeace

c.

United Nations

d.

United States

5 points   

QUESTION 11

Which of the following organizations was a founding part of the Bretton Woods System, an international economic regime associated with the Washington Consensus?

a.

Organization for Security and Co-operation in Europe

b.

United Nations Development Programme

c.

International Monetary Fund

d.

Organization for Economic Co-operation and Development

5 points   

QUESTION 12

Societies have always traded; what is the main difference between modern globalization and these earlier ties?

a.

Historically, empires largely traded with neighboring regions; today, trade relations span continents.

b.

Historically, this interconnection served to undermine state power; today, this interconnection strengthens the role of the state.

c.

Historically, the only sharing that occurred was in produced goods; today, societies share knowledge and technological advancement.

d.

Historically, only a few people took part in this interconnection; today, entire societies are now directly connected.

5 points   

QUESTION 13

In what way does globalization increase the risk of economic recession (such as the one seen in 2008)?

a.

The economic institutions created to foster globalization increase the ability of investors to engage in "capital flight," thereby creating a much riskier world economy.

b.

It has reduced each state’s capacity and ability to act independently in response to domestic economic crises, thereby making state interventions less effective than has historically been the case.

c.

The rise of online reporting increases the risk of mass hysteria breaking out among investors following a sudden downturn (or in the case of 2008, a housing bubble).

d.

By increasing trade, economic dependencies are increased.

5 points   

QUESTION 14

Some scholars believe that increasing political globalization has resulted or will result in the growth of international institutions that will take on many of the tasks historically done by states. As political globalization increases, the likely outcome is a weakening of state

a.

militarism.

b.

capacity.

c.

transparency.

d.

sovereignty.

5 points   

QUESTION 15

One criticism of societal globalization is that it creates confusion, alienation, and public backlash. Why?

a.

Globalization leads to the hardening of barriers between people, as increased interconnection also makes people more aware of negative differences.

b.

Globalization seeks to replace multiple cultures with one monolithic value system that reflects only the values of dominant powers.

c.

Globalization creates shallow rather than deep personal connections.

d.

Globalization overwhelms people with choices, values, ideas, and information, and this can be especially difficult to process for those not part of the globalized elite.

5 points   

QUESTION 16

__________ is the process of expanding and intensifying the linkages among states, societies, and economies.

a.

Marketization

b.

Globalization

c.

Institutionalization

d.

Modernization

5 points   

QUESTION 17

Which of the following best describes the economic impact of the North American Free Trade Agreement (NAFTA)?

a.

It has benefitted Mexico’s manufacturing sector, but many of Mexico’s farmers have been unable to compete with the influx of U.S. agricultural goods.

b.

It has had no discernable impact on the number of Mexican immigrants migrating illegally to the United States.

c.

It has benefitted the Mexican economy at the expense of American jobs.

d.

It has been more damaging to Mexico’s economy than to the economies of the United States or Canada.

5 points   

QUESTION 18

A firm that produces, distributes, and markets its goods or services in more than one country is considered a(n)

a.

intergovernmental corporation.

b.

supranational corporation.

c.

nongovernmental organization.

d.

multinational corporation.

5 points   

QUESTION 19

__________ link states together through rules and norms that shape their relationships to one another, usually regarding some specific issue.

a.

Nongovernmental organizations

b.

International regimes

c.

Multinational corporations

d.

Intergovernmental organizations

5 points   

QUESTION 20

Supporters of political globalization argue that the rise of organizations such as the International Criminal Court, which is charged with holding leaders accountable for human rights violations, helps make politics more

a.

transparent, as leaders face more scrutiny by domestic and international communities.

b.

unstable, as citizens more quickly turn against their governments.

c.

free, as democracies are better able to function.

d.

equal, as norms are better transmitted around the world.

In: Accounting

Derive the density of states of electrons in a three dimensional solid. Using this density of...

Derive the density of states of electrons in a three dimensional solid. Using this density of
states show that the specific heat of electrons (which is a fermion) in a three dimensional
solid is linear in temperature T.

In: Physics

Calculate the density of states function for a systemconsisting of alarge number of independent two-dimensional simple...

Calculate the density of states function for a systemconsisting of alarge number of independent two-dimensional simple harmonic oscillator.Use an adaptation of the methods developed in"distribution function and densiy of states" for the 3D case

In: Physics

PLEASE PROVIDE CALCULATIONS A protein can fold into four different conformations. A) If the states are...

PLEASE PROVIDE CALCULATIONS

A protein can fold into four different conformations.

A) If the states are iso-energetic, and the system has 1 mole of protein equally mixed between the four states, what is the entropy change of forcing it all into a single confirmation on a per mole basis? (This might occur for example during the process of crystallization.)

B) Instead imagine that states B, C, D have a +1 kbT, +2 kbT, and +3 kbT energy increase compared to state A, respectively. What is the probability of finding the protein in each of the states?

C) For the system in part (B), now what’s the entropy change (on a per mole basis) of forcing the equilibrium mixture all to state A?

In: Biology

The City of Pfeiffer starts the year of 2017 with the general fund and an enterprise...

The City of Pfeiffer starts the year of 2017 with the general fund and an enterprise fund. The general fund has two activities: education and parks/recreation. For convenience, assume that the general fund holds $144,000 cash and a new school building costing $1,180,000. The city utilizes straight-line depreciation. The building has a 20-year life and no salvage value. The enterprise fund has $65,000 cash and a new $360,000 civic auditorium with a 30-year life and no salvage value. The enterprise fund monitors just one activity, the rental of the civic auditorium for entertainment and other cultural affairs.

The following transactions for the city take place during 2017. Assume that the city’s fiscal year ends on December 31.

Decides to build a municipal park and transfers $72,000 into a capital projects fund and immediately expends $20,600 for a piece of land. The creation of this fund and this transfer were made by the highest level of government authority.

Borrows $113,400 cash on a long-term bond for use in creating the new municipal park.

Assesses property taxes on the first day of the year. The assessment, which is immediately enforceable, totals $618,600. Of this amount, $525,800 will be collected during 2017 and another $51,600 is expected in the first month of 2018. The remainder is expected about halfway through 2018.

Constructs a building in the park in (b) for $40,000 cash so that local citizens can play basketball and other sports. It is put into service on July 1 and should last 10 years with no salvage value.

Builds a sidewalk around the new park for $10,000 cash and puts it into service on July 1. It should last for 10 years, but the city plans to keep it up to a predetermined quality level so that it will last almost indefinitely.

Opens the park and charges an entrance fee of only a token amount so that it records the park, therefore, in the general fund. Collections during this first year total $4,000.

Buys a new parking deck for $220,000, paying $22,000 cash and signing a long-term note for the rest. The parking deck, which is to go into operation on July 1, is across the street from the civic auditorium and is considered part of that activity. It has a 20-year life and no salvage value.

Receives a $110,000 cash grant for the city school system that must be spent for school lunches for the poor. Appropriate spending of these funds is viewed as an eligibility requirement of this grant. During the current year, $40,700 of the amount received was properly spent.

Charges students in the school system a total fee of $6,600 for books and the like. Of this amount, 90 percent is collected during 2017 with the remainder expected to be collected in the first few weeks of 2018.

Buys school supplies for $23,000 cash and uses $17,800 of them. The general fund uses the purchases method.

Receives a painting by a local artist to be displayed in the local school. It qualifies as a work of art, and officials have chosen not to capitalize it. The painting has a value of $83,700. It is viewed as inexhaustible.

Transfers $20,600 cash from the general fund to the enterprise fund as a capital contribution.

Orders a school bus for $102,000.

Receives the school bus and pays an actual cost of $105,000. The bus is put into operation on October 1 and should last for five years with no salvage value.

Pays salaries of $247,000 to school teachers. In addition, owes and will pay $30,800 during the first two weeks of 2018. Vacations worth $23,600 have also been earned but will not be taken until July 2018.

Pays salaries of $43,000 to city auditorium workers. In addition, owes and will pay $3,500 in the first two weeks of 2018. Vacations worth $5,800 have also been earned but will not be taken until July 2018.

Charges customers $150,800 for the rental of the civic auditorium. Of this balance, collected $127,600 in cash and will collect the remainder in April 2018.

Pays $10,400 maintenance charges for the building and sidewalk in (d) and (e).

Pays $16,200 on the bond in (b) on the last day of 2017: $5,800 principal and $10,400 interest.

Accrues interest of $15,000 on the note in (g) as of the end of 2017, an amount that it will pay in June 2018.

Assumes that a museum that operates within the city is a component unit that will be discretely presented. The museum reports to city officials that it had $48,500 of direct expenses this past year and $57,700 in revenues from admission charges. The only assets that it had at year-end were cash of $27,700, building (net of depreciation) of $346,300, and a long-term liability of $242,400.

Prepare the 2017 government-wide financial statements for this city. Assume the use of the modified approach.

Prepare a statement of net position. (Amounts to be deducted should be indicatedby a minus sign.)

CITY OF PFEIFFER
Statement of Net Position
Government-Wide Financial Statements
December 31, 2017
Governmental Activities Business-Type Activities Total Component Unit
Assets:
Cash $148,200 $27,700
Property tax receivables 92,800 92,800
Receivables-school fees 660 660
Rent receivable 23,200 23,200
Supplies 5,200 5,200
Land 20,600 20,600
Sidewalk 10,000 10,000
School bus 99,750 99,750
Parking deck (net) 214,500 214,500
Buildings (net) 348,000 346,300
Total assets $229,010 $733,900 $466,710 $374,000
Liabilities:
Salary payable $30,800 $3,500 $34,300
Vacation payable 23,600 5,800 29,400
Interest payable 15,000 15,000
Unearned revenues 69,300 69,300
Bonds and notes payable 107,600 198,000 305,600 242,400
Total liabilities $231,300 $222,300 $453,600 $242,400
Net position
Capital assets, less related debt $103,900
Unrestricted 27,700
Total net assets $0 $0 $0 $131,600

In: Accounting

Identify the problems faced by united technologies which lead to the proposed merger and acquisition.

Identify the problems faced by united technologies which lead to the proposed merger and acquisition.

In: Accounting

Identify five significant differences between these two democracies: United Kingdom and France

Identify five significant differences between these two democracies: United Kingdom and France

In: Economics

Explain and compare the main fiscal policy response of the United State and Australia to the...

Explain and compare the main fiscal policy response of the United State and Australia to the pandemic.

In: Economics

draw a diagram for the divisional structure at Emirates NBD bank in united arab emirates

draw a diagram for the divisional structure at Emirates NBD bank in united arab emirates

In: Operations Management

During the presidential debate in 1990, the candidate Arnold (Democratic) won 22 states and Joseph (Republican)...

During the presidential debate in 1990, the candidate Arnold (Democratic) won 22 states and Joseph (Republican) won 26 states. We are given that the states mean/average for Arnold came out to be 13.545 of the votes with a standard deviation of 10.591. On the contrary, Joseph had an average/mean of 8.423 of the votes with a standard deviation of 6.777. Please compute a 99% Conf. Interval for # of votes in a state a Democratic wins minus the # in a state a Republican wins.

In: Statistics and Probability