Questions
Analyze the benefits and consequences of affirmative action. What are the goals of affirmative action? In...

Analyze the benefits and consequences of affirmative action. What are the goals of affirmative action? In what areas of public policy have affirmative action policies been most commonly used? Describe at least two prominent Supreme Court decisions associated with affirmative action.

  • Response length requirement: 350 words or more

In: Economics

In clinical psychology, Explain the three levels of prevention clearly (tertiary prevention (indicated prevention intervention), secondary...

In clinical psychology, Explain the three levels of prevention clearly (tertiary prevention (indicated prevention intervention), secondary prevention (selective mental health prevention) and primary prevention (universal mental health prevention). ) Discuss especially their 'aims' / 'goals' and give examples to each of them.

please it should be 350-450 words.

In: Psychology

Select the most efficient member for the following LRFD required moments and unsupported lengths. Assume Cb...

Select the most efficient member for the following LRFD required moments and unsupported lengths. Assume Cb = 1.0.

Mr

Lb

630 kip-ft

30 ft

160 kip-ft

10 ft

350 kip-ft

16 ft

400 kip-ft

8 ft


fy=50

In: Civil Engineering

A quick answer is appreciated. Thank you! The Condé Nast Traveler Gold List provides ratings for...

A quick answer is appreciated. Thank you!

The Condé Nast Traveler Gold List provides ratings for the top 20 small cruise ships. The data shown below are the scores each ship received based upon the results from Condé Nast Traveler's Annual Readers' Choice Survey. Each score represents the percentage of respondents who rated a ship as excellent or very good on several criteria, including Shore Excursions and Food/Dining. An overall score was also reported and used to rank the ships. The highest ranked ship, the Seabourn Odyssey, has an overall score of 94.4, the highest component of which is 97.8 for Food/Dining.

Ship Overall Shore
Excursions
Food/Dining
Seabourn Odyssey 94.4 90.9 97.8
Seabourn Pride 93.0 84.2 96.7
National Geographic Endeavor 92.9 100.0 88.5
Seabourn Sojourn 91.3 94.8 97.1
Paul Gauguin 90.5 87.9 91.2
Seabourn Legend 90.3 82.1 98.8
Seabourn Spirit 90.2 86.3 92.0
Silver Explorer 89.9 92.6 88.9
Silver Spirit 89.4 85.9 90.8
Seven Seas Navigator 89.2 83.3 90.5
Silver Whisperer 89.2 82.0 88.6
National Geographic Explorer 89.1 93.1 89.7
Silver Cloud 88.7 78.3 91.3
Celebrity Xpedition 87.2 91.7 73.6
Silver Shadow 87.2 75.0 89.7
Silver Wind 86.6 78.1 91.6
SeaDream II 86.2 77.4 90.9
Wind Star 86.1 76.5 91.5
Wind Surf 86.1 72.3 89.3
Wind Spirit 85.2 77.4 91.9

(a)

Determine an estimated regression equation that can be used to predict the overall score given the score for Shore Excursions. (Round your numerical values to two decimal places. Let x1 represent the Shore Excursions score and y represent the overall score.)

ŷ = __________

(b)

Consider the addition of the independent variable Food/Dining. Develop the estimated regression equation that can be used to predict the overall score given the scores for Shore Excursions and Food/Dining. (Round your numerical values to two decimal places. Let x1 represent the Shore Excursions score, x2 represent the Food/Dining score, and y represent the overall score.)

ŷ = ________

(c)

Predict the overall score for a cruise ship with a Shore Excursions score of 80 and a Food/Dining Score of 91. (Round your answer to one decimal place.)

_________

In: Statistics and Probability

1. Packaging Solutions Corporation manufactures and sells a wide variety of packaging products. Performance reports are...

1. Packaging Solutions Corporation manufactures and sells a wide variety of packaging products. Performance reports are prepared monthly for each department. The planning budget and flexible budget for the Production Department are based on the following formulas, where q is the number of labor-hours worked in a month:

Cost Formulas

Direct labor

$16.60q

Indirect labor

$4,300 + $1.50q

Utilities

$5,200 + $0.30q

Supplies

$1,400 + $0.30q

Equipment depreciation

$18,700 + $2.60q

Factory rent

$8,100

Property taxes

$2,500

Factory administration

$13,800 + $0.90q

The Production Department planned to work 4,200 labor-hours in March; however, it actually worked 4,000 labor-hours during the month. Its actual costs incurred in March are listed below:

Actual Cost Incurred in March

Direct labor

$

68,040

Indirect labor

$

9,780

Utilities

$

6,850

Supplies

$

2,870

Equipment depreciation

$

29,100

Factory rent

$

8,500

Property taxes

$

2,500

Factory administration

$

16,810

Required:

1. Prepare the Production Department’s planning budget for the month.

2. Prepare the Production Department’s flexible budget for the month.

3. Prepare the Production Department’s flexible budget performance report for March, including both the spending and activity variances.

2. Ray Company provided the following excerpts from its Production Department’s flexible budget performance report. (Round "rate per hour" answers to 2 decimal places. Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance). Input all amounts as positive values.)

3. Alyeski Tours operates day tours of coastal glaciers in Alaska on its tour boat the Blue Glacier. Management has identified two cost drivers—the number of cruises and the number of passengers—that it uses in its budgeting and performance reports. The company publishes a schedule of day cruises that it may supplement with special sailings if there is sufficient demand. Up to 86 passengers can be accommodated on the tour boat. Data concerning the company’s cost formulas appear below:

Fixed Cost per Month

Cost per Cruise

Cost per Passenger

Vessel operating costs

$

6,700

$

478.00

$

3.40

Advertising

$

2,700

Administrative costs

$

5,500

$

35.00

$

1.50

Insurance

$

3,100

For example, vessel operating costs should be $6,700 per month plus $478.00 per cruise plus $3.40 per passenger. The company’s sales should average $29.00 per passenger. In July, the company provided 57 cruises for a total of 3,100 passengers.

Required:

Prepare the company’s flexible budget for July.

In: Accounting

I need to do a framework to the topic below in 3 slides (2 minutes per...

I need to do a framework to the topic below in 3 slides (2 minutes per slides):

V- World War II:

The pre-World War II period was a period of great economic suffering all over the world called the Great Depression. Many people were unemployed and struggling to survive. These unstable governments and unrest all over the world created the reasons for World War II. As this crisis contributed to the deterioration of the economy of democratic capitalist countries, which will strengthen the dictatorial regimes and their approach to expansion policy to obtain commercial markets to export surplus production and import needs.
A. Pearl Harbor Dec 7,1941
In the era of Franklin Roosevelt, America had imposed an oil embargo on Japan and prevented the export of iron to it in sympathy with the British and Russian allies. Japan was only attacking the US Navy at the Pearl Harbor in the Pacific in December 1941. The Japanese attack on Pearl Harbor forced the United States to enter World War II alongside the Allies. Franklin Roosevelt declared war on Japan on December 8, 1941. Although the attack has caused great damage to US ships and aircraft, this has not affected fuel and maintenance stocks, submarines, and intelligence facilities at Pearl Harbor.
B. Industrail production
The global capitalist economy entered the post-war period, moving into a new historical context, in which a new era was formed, an era characterized by a high level of growth and stability for a quarter of a century under the central control of the United States,
It was a period of recovery in the capital accumulation movement, high economic growth (averaging about 4.5 percent annually), inflation rates falling, and only 3 percent. And the unemployment rate fell to less than 3 percent. Economic cycles were controlled, becoming shorter and less intense.
America's response to World War II was the most extraordinary mobilization of an idle economy in the history of the world. During the war 17 million new civilian jobs were created, industrial productivity increased by 96 percent, and corporate profits after taxes doubled. The government expenditures helped bring about the business recovery that; had eluded the New Deal. War needs directly consumed over one-third of the output of industry, but the expanded productivity ensured a remarkable supply of consumer goods to the people as well. America was the only that saw an expansion of consumer goods despite wartime rationing. BY 1944, as a result of wage increases and overtime pay, real weekly wages before taxes in manufacturing were 50 percent higher than in 1939. The war also created entire new technologies, industries, and associated human skills.
1-Unemployment Return to Pre-Depression Level​
America’s involvement in World War II had a significant impact on the economy and workforce of the United States. The unemployment rate was hovering around 25%. The involvement in the war soon changed that rate. American factories were retooled to produce goods to support the war effort and almost overnight the unemployment rate dropped to around 10%. Women went to work to fill jobs that were traditionally held by men.

In: Economics

I need to do a framework presentation on the topic below. The presentation will take 3...

I need to do a framework presentation on the topic below. The presentation will take 3 minutes:

V- World War II:

The pre-World War II period was a period of great economic suffering all over the world called the Great Depression. Many people were unemployed and struggling to survive. These unstable governments and unrest all over the world created the reasons for World War II. As this crisis contributed to the deterioration of the economy of democratic capitalist countries, which will strengthen the dictatorial regimes and their approach to expansion policy to obtain commercial markets to export surplus production and import needs.
A. Pearl Harbor Dec 7,1941
In the era of Franklin Roosevelt, America had imposed an oil embargo on Japan and prevented the export of iron to it in sympathy with the British and Russian allies. Japan was only attacking the US Navy at the Pearl Harbor in the Pacific in December 1941. The Japanese attack on Pearl Harbor forced the United States to enter World War II alongside the Allies. Franklin Roosevelt declared war on Japan on December 8, 1941. Although the attack has caused great damage to US ships and aircraft, this has not affected fuel and maintenance stocks, submarines, and intelligence facilities at Pearl Harbor.
B. Industrail production
The global capitalist economy entered the post-war period, moving into a new historical context, in which a new era was formed, an era characterized by a high level of growth and stability for a quarter of a century under the central control of the United States,
It was a period of recovery in the capital accumulation movement, high economic growth (averaging about 4.5 percent annually), inflation rates falling, and only 3 percent. And the unemployment rate fell to less than 3 percent. Economic cycles were controlled, becoming shorter and less intense.
America's response to World War II was the most extraordinary mobilization of an idle economy in the history of the world. During the war 17 million new civilian jobs were created, industrial productivity increased by 96 percent, and corporate profits after taxes doubled. The government expenditures helped bring about the business recovery that; had eluded the New Deal. War needs directly consumed over one-third of the output of industry, but the expanded productivity ensured a remarkable supply of consumer goods to the people as well. America was the only that saw an expansion of consumer goods despite wartime rationing. BY 1944, as a result of wage increases and overtime pay, real weekly wages before taxes in manufacturing were 50 percent higher than in 1939. The war also created entire new technologies, industries, and associated human skills.
1-Unemployment Return to Pre-Depression Level?
America’s involvement in World War II had a significant impact on the economy and workforce of the United States. The unemployment rate was hovering around 25%. The involvement in the war soon changed that rate. American factories were retooled to produce goods to support the war effort and almost overnight the unemployment rate dropped to around 10%. Women went to work to fill jobs that were traditionally held by men.

In: Economics

Economist and Nobel Laureate Joseph E. Stiglitz argues that the IMF has failed its mission to...

Economist and Nobel Laureate Joseph E. Stiglitz argues that the IMF has failed its mission to secure global economic stability. He identifies the reasons for this failure with changes in the IMF’s mission and economic policies. In his role as Senior Vice President and Chief Economist at the World Bank in the late 1990s, Stiglitz was privy to the policies and failures of the IMF. In his book, Globalization and Its Discontents, Stiglitz lays out an argument for why the IMF has failed in its mission to ensure global economic stability. Stiglitz argues that the IMF’s policies not only do not work, but often make matters worse for the countries in crisis. He highlights several problematic policies:

Capital market liberalization. The IMF pressures countries that petition for IMF loans to open their markets to outside investment capital. Rather than help matters, this approach often makes matters worse as it destabilizes the economy of the country as well as the global economy. Investors may invest huge sums in a country only to pull those investments at a moment’s notice, causing acute economic crises.

Latin America as the template. Stiglitz says that many of the the ideas of the “Washington Consensus” were based on the experience with Latin America. The economic growth in these countries had not been sustained, governments had let budgets run out of control, and loose monetary policy had led to rampant inflation. The belief of the Washington Consensus was that this had happened as a result of excessive government intervention in the economy. So, if government intervention was the problem, then government intervention should be limited. The Washington Consensus pushed for policies such as capital market liberalization. Stiglitz notes that even if this approach was appropriate for some Latin American countries, it did not make sense to apply this policy blindly to other countries in very different situations where this kind of policy might make matters much worse.

Insensitivity to strength of local markets. Stiglitz says that the IMF policy forcing rapid trade liberalization has not only not worked, but does not follow lessons learned from history. He notes the cases of the U.S. and Japan. Both countries had trade protection policies in place until their industries were strong enough to compete in a global market. However, IMF policies forcing trade liberalization on a developing country where industries are not strong enough can actually cause more harm. Local industries could not compete, and rising interest rates made job creation virtually impossible. Says Stiglitz, “Liberalization has, thus, too often, not been followed by the promised growth, but my increased misery.”

Taxation without Representation. Stiglitz notes that even though the IMF is a public institution, funded by money from taxpayers around the world, it is not held accountable to the interests of these taxpayers. He identifies the problem of governance as one of the prime “underlying factors” for problems with the IMF.   (Center on Law & Globalization)

Related articles about IMF/Work Bank/Globalization by Joseph Stiglitz

Main Post

Identify a criticism made by Joseph Stiglitz in regards to the IMF, World Bank, or globalization. In your response, provide the following:

Summarize Stiglitz's criticism

In: Economics

1. A null and alternative hypothesis is given. determine whether the hypothesis test is left tailed,...

1. A null and alternative hypothesis is given. determine whether the hypothesis test is left tailed, right-tailed, or two-tailed. Ho: u=37, H1: u>37

2. True or False. The t value for the area in the right tail is 0.02 and n=10 is 2.359

3. write the null and alternative hypothesis. according to a magazine, the mean donation per household in 1998 was $1623. a researcher claims that it has increased since then.

4.the following data are prices for a 4 GB flash memory card at different stores. 12.25, 14.99, 13.49, 16.38, 13.63, 14.95, 14.75, 20.88, 14.21, 20.38. construct a 99% confidence interval to estimate the mean price of a $ GB memory card. use t table

4.

In: Statistics and Probability

A firm has decided through regression analysis that its sales (S) are a function of the...

A firm has decided through regression analysis that its sales (S) are a function of the amount of advertising (measured in units) in two different media, television (x) and magazines (y): S (x, y) = 100 – x2 + 30x – y2 + 40y (a) Find the level of TV and magazine advertising units that maximizes the firm's sales. (b) Suppose that the advertising budget is restricted to 31 units. Determine the level of advertising (in units) that maximizes sales subject to this budget constraint. (c) Give an economic interpretation for the value of the Lagrangian Multiplier obtained in part (b) above. (d) The marketing department of the firm is lobbying to have the advertising budget increased to 40. Do you agree with the marketing department? If not, what advertising budget would you recommend and why?

In: Economics