Can you balance the budget? What types of tradeoffs did you encounter when making decisions on allocating or cutting federal spending? How easy is it to balance the budget? Which groups are hurt and which are helped by your changes?
In: Economics
using the IS-LM and the AD-LRAS-SRAS figures what happens to real interest rate, output and prices if there is a temporary increase in government purchases for military purposes. Will it matter whether the temporary increase in military spending is funded by taxes or by borrowing?
In: Economics
Show by graphing how a change (upward shift or downward shift) in each of the following factors would alter the shape of the total product curve for medical care. A. An increase of education spending. B. An improvement in lifestyle. C. An improvement in the environment.
In: Economics
Dom, age 9, made the Alliance travel soccer team and was excited to be able to play right wing. At 5’3” (160 cm) and 105 lbs. (48 kg), he was taller and thinner than most of his teammates. Practices began August 15, and his first away game was against Midwest United in Grand Rapids. Dom had lost weight in the past month, and he always seemed to be hungry and thirsty. He had an appointment with the eye doctor in the next week because he told his mother that sometimes the blackboard in the classroom was blurry. Last week, he had a cold, followed by a “stomach bug.” He seemed to be better, and then now he said he just had “butterflies.” These must just be “nerves for his big game”, thought his mother. She was worried about him getting dehydrated in the late summer heat and developing muscle cramps, so she had him eat a banana and packed extra coconut water for him. “This is new, Dom”, she said. “It tastes great, and it has potassium, which is really good for you”.
Dom played well during the first quarter, defending five shots on goal and getting a goal himself. He was hot, and sweaty, so he drank a bottle of the coconut water and went out for the second quarter. He began to feel tired and a little queasy, and his stomach began to hurt. Then he began to cough and started to stagger. His coach noticed something was wrong, so he brough him to the bench. Dom’s teammate, Cameron mentioned that Dom’s breath smelled a little fruity. “Have some more water, Dom” the coach said. After slowly sipping a second bottle of coconut water, Dom stood up, clutched his stomach and then passed out. “He’s breathing funny!” shouted the coach. He called 911. Dom’s pulse was hard to feel, so the coach put his head on Dom’s chest and then could tell that it was beating very fast. The paramedics arrive in a few minutes and began to work on Dom. They checked his vital signs and used a glucometer to check his blood glucose level. It was 361 mg/dL. They immediately gave him 10 units of IV insulin bolus and transported him to the emergency department.
Questions
In: Nursing
Periodic Inventory by Three Methods
Dymac Appliances uses the periodic inventory system. Details regarding the inventory of appliances at January 1, purchases invoices during the next 12 months, and the inventory count at December 31 are summarized as follows:

Required:
1. Determine the cost of the inventory on December 31 by the first-in, first-out method.
If the inventory of a particular model comprises one entire purchase plus a portion of another purchase acquired at a different unit cost, use a separate line for each purchase. If units are in inventory at two different costs, enter the units PURCHASED MOST RECENTLY first.

2. Determine the cost of the inventory on December 31 by the last-in, first-out method.
If the inventory of a particular model comprises one entire purchase plus a portion of another purchase acquired at a different unit cost, use a separate line for each purchase. If units are in inventory at two different costs, enter the OLDEST units first.

3. Determine the cost of the inventory on December 31 by the weighted average cost method.

4a. Which inventory method would be preferred for income tax purposes in periods of rising prices?
4b. Which inventory method would be preferred for income tax purposes in periods of declining prices?
In: Accounting
PortaCom manufactures notebook computers and related equipment. PortaCom's product design group developed a prototype for a new high-quality portable printer. The new printer features an innovative design and has the potential to capture a significant share of the portable printer market. Preliminary marketing and financial analyses provided the following selling price, first-year administrative cost, and first-year advertising cost:
| Selling price | = | $245 per unit |
| Administrative cost | = | $350,000 |
| Advertising cost | = | $550,000 |
In the simulation model for the PortaCom problem, the preceding values are constants and are referred to as parameters of the model.
In: Finance
in what way can the stock market affect the whole economy?
a) is an important source of funds for corporation
b) it can affect consumer and business sentiment
c) It is an important factor effecting consumer wealth and thus consumer spending
Adverse slecetion and moral hazard are examples of
a) transaction costs
b)information costs
c) symmetric information
d) financial market efficiency
Which of the following is an example of adverse selection?
a) a homeowner with large fire insurance policy allows the wiring in her house to deteriorate
b) a woman with a large life insurance policy takes up sky diving
c) your brother-in-law borrows $20,000 from you to open a pizza parlor, but spending it gambling
d) A man with a bad heart condition buys a large life insurance policy
In: Economics
Many individuals who receive a stimulus check as a result of COVID- 19 will receive a $1200 direct deposit. Individuals earning between 75k and 99k will only receive a fraction of the $1200 deposit. Suppose Debra earned above 75k in 2018 and 2019 and only receives a $1000 direct deposit stimulus. Using the bank ledger, we have seen in class, and assuming the required reserve ratio is .7, show three bank deposits from the initial round of spending. What is the ultimate impact on money supply? In one or more paragraph describe what happens in each round of spending and the overall impact on money supply. Also include in your explanation, alongside a clearly labeled graph, the impact on the money market.
PLEASE HELP WITH THE GRAPH(S) SPECIFICALLY.
In: Economics
Is there a relationship between the dollars spent each week on recreation and the number of members of the family? Do larger families spend more on recreation? Ten Chicago families shared the following information:
Family Size 3 6 5 6 6 3 4 4 5 3
Amount Spent 99 104 151 129 142 111 74 91 119 91
h. Predict the recreational spending for a family of size 5.
i. If there are families of that size in the data set, what are the residuals for those observations?
j. Test the explanatory power of the model at a 5% level of significance.
k. Test if there is a positive relationship between family size and recreational spending. Use alpha = 0.01.
l. What is the excel command used to produce the p-value associated with the test in part k?
In: Statistics and Probability
Lee Enterprises and Jackson Distributors are considering a
merger. Projections for the coming year for the companies operating
independently are as follows:
Lee Enterprises:
EBIT = $200,000
Change in Working Capital = $20,000
Capital Spending = $30,000
Depreciation Expense = $20,000
Jackson Distributors:
EBIT = $450,000
Change in Working Capital = $45,000
Capital Spending = $75,000
Depreciation Expense = $50,000
Before the merger, the firms have the same cost of capital of 14%
and the same expected perpetual growth rate of 4%. After the
merger, the combined firms are expected to have a cost of capital
of 13% and a perpetual growth rate of 5%. The tax rate for both
firms is 40%.
What is the pre-merger value of the combined firms?
Select one:
A. $1,800,000
B. $2,900,000
C. $3,400,000
D. None of the above
In: Finance