QUESTION 43

1. When money functions as a means of telling you that your textbook costs $150, then it is performing as a:

   		medium of exchange.
   		unit of account.
   		store of value.
   		standard of investment.

1 points   

QUESTION 44

1. Which of the following is an example of money serving as a store of value?

   		buying a hamburger
   		a $35 price tag
   		a collection of $10 bills hidden in your sock drawer.
   		paying your friend for his car

1 points   

QUESTION 45

1. “Liquidity” refers to:

   		the relative ease with which an asset can be converted to something else without loss of value.
   		the relative ease with which an asset can be transported.
   		how easy it is to increase the supply of an asset, especially that of money.
   		how quickly the value of an asset changes in response to changes in supply and/or demand.

1 points   

QUESTION 46

1. Banks hold reserves in order to:

   		cover their customers' withdrawal needs.
   		cover the banks' investments.
   		offset their liabilities.
   		satisfy stockholders.

1. You are asked to analyze each of the following events using the Solow growth model (the events all happen at time 0): a) The investment rate rises in Tanzania. b) Immigration increases the population of France by 10%. c) An earthquake destroys 10% of the capital stock of Chile. (Hint: does steady state GDP per capita change in Chile?) d) Malaysia realizes a 10% rise in TFP due to technology transfer.

For each of these: Draw a Solow diagram to show what happens when the economy is initially in steady state. Explain how steady-state GDP per capita changes. Use algebra to help in your explanation. Does steady-state capital per capita change? Explain how the growth rate of GDP per capita changes at time 0. Explain how the economy adjusts from the short run to the long run after the change

1. Match with the proper definition

A. CFO

B. Fixed Cost

C. Indirect Cost

D. Management by exception

E. Non - Controllable Cost

F. Opportunity Cost

G. Sunk Cost

H. Supply Chain Management Systems

I. Value Chain

J. Variable Cost

_____The benefits forgone when one alternative is selected over another

_____Organize the activities between a company and its suppliers

_____A cost that does not change, in total, with changes in the level of business activity

_____investigating departures from the plan that are significant

_____ A cost that was incurred in the past

_____A cost that cannot be easily traced to a particular cost object

_____A cost that does not change on per unit basis with changes in the level of business activity

_____The senior executive responsible for accounting and financial operations

_____ A company internal operations and its relationships and interactions with suppliers and customers

_____ A cost that a manager cannot Influence

1. which of the following is (are) required for evolution?

a. high stable genome

b. mutation

c. competition

d. heritable traits

2. what can you conclude about genetic differences and similarities between humans , chimpanzees, and E. coli?

a. most conserved genes

b. fairly conserved genes

c. least conserved genes

humans accelerated genes

polymerases

ribosomal RNAs

3. which of the following is true about the human genome?

a. about half the genome codes for a protein

b. about half the genome is identical between individuals

c. about half the genome consists of introns

d. about half the genome consists of mobile elements

4. what are pseudogenes?

a. genes that are part of a mobile element

b. genes that have undergone multiple rounds of duplication

c. genes that are no longer functional but still resemble functional genes.

5. Urokinase and chymotrypsin ( a digestive enzymes) have one domain in common with each other. This suggests that

a. they eveolve through exon shuffling

b. they are part of a gene family

c. they perform similar functions

6, long introns and short exons promote evolution

a. true

b. false

7. In humans the globin gene family eveolved through

a. gene duplication and mutation

b. exon shuffling

c. frameshift mutation

8. why does gene duplication promote evolution?

a. duplication genes are under less selective pressure

b. duplication genes provide additional templates for DNA repair

c. duplication genes do not promote evolution

d. duplication genes are less likely to mutate

9. which of the following point mutations would have little or no effect on cellular function?

a. mutation from AUA to AUG

b. mutation in regulatory region

c. mutation from CUC to AUU

d. mutation from UUA to UUG

e. mutation in exon

f. mutation in intron

10. scientists have estimated mutation rates by studying mutatant E.coli that are His-. Which of the following is (are) NOT true about the experiment involving His- E. coli?

a. His- mutants requires histidine in the media

b.His- mutants can not tolerate histidine

c. His- mutants spontaneously revert back to His+

d. His- mutants can not digest histidine

11. The National Toxicology Program report in 2016 that cell phone radiation increased brain tumor growth in male rats. Radiation can cause damage and mutations to DNA. Suppose you wished to study this further. You mate these rats and find that the offsprings have normal incidence of tumors. You would conclude that the tumors were most likely due to.

a. changes to somatic cells

b. changes in germ cells

c. changes to gonadal cells

If on the other hand the offspring also had increase tumor growth then you would conclude that the

a. tumor cells were passed down to offsprings

b. changes occur in stem cells

c. changes occur in germ cells

cell phones emit................ raditation when talking than on standby.

a. more

b. less

That would suggest that using a hands-free headset may be beneficial in preventing brain tumors. Ironically if the phone is kept in the pocket during a call using a headset then the genetic changes would be

a. prevented

b. more likely to pass to the next generation

c. less severe

Which of the following statements is FALSE?

(Bonds) A bond with a $1,000 par, 4 years to maturity, a coupon rate of 5%, and annual payments has a yield to maturity of 4.2%. What will be the percentage change in the bond price if the yield changes instantaneously to 4.6%? (If your answer is, e.g., -1.123%, enter it as -1.123. If the sign of the price change is incorrect, no credit will be given.)

Forecast Apple's free cash flows for each of the next five years based on Apple's free cash flow for 9/24/2016 and 9/30/2017. Assume that the changes in operating assets and liabilities is $0 for each of the years in your forecast period (9/30/18 - 9/30/22).

Aggregate Supply: Draw me a SRAS(AS) graph, start at the equilibrium of Price Level 5 and RGDP at 100. Assume there is minimum wage law now in effect. The minimum wage is higher that the wage rate prior. Show me this, assume the shift changes Price Level by 2 and RGDP by 20. Explain the shift.