Children of three ages are asked to indicate their preference for three photographs of
adults. Do the data suggest that there is a significant relationship between age and
photograph preference? What is wrong with this study? [Chi-Square = 29.6, with 4
df: ? < 0.05].

chp 33

One of the many items mentioned in the last presidential campaign was the problem of outsourcing jobs overseas. President-elect Trump vowed to raise and impose tariffs on imported goods in an effort to bring jobs back to the United States. Discuss here this strategy and whether or not this can be successful and the possible consequences if there are any. Support your argument and, as always, respond to at least two other postings.

You observe two countries. One country is a bottom billion country and an other is a richer European country. You see that GDP per capita grew much faster over the last ten years. Describe how this result could be consistent with both the Solow and Romer model. What would have to be true about the relative savings and population growth in the Solow model for this result to occur?

convert -44 to 8-bit sign-magnitude, 1's complement, 2's complement and excess-127.

Please be careful and explain all the steps and details.

convert -44 to 8-bit sign-magnitude, 1's complement, 2's complement and excess-127.

Please be careful and explain all the steps and details.

convert -44 to 8-bit sign-magnitude, 1's complement, 2's complement and excess-127.

Please be careful and explain all the steps and details.

1. Affliction Company uses the lower-of-cost-or-market method, on an individual-item basis, in pricing its inventory items. The inventory at December 31, 2014, consists of products D, E, F, G, H, and I. Relevant per-unit data for these products appear below. Using the lower-of-cost-or-market rule, determine the proper unit value for balance sheet reporting purposes at December 31, 2014, for each of the inventory items below.

The total population of Country A can be categorized as follows:

• 110 people are employed part-time, by choice
• 120 people are employed part-time, but would prefer to work full-time
• 130 people are employed full-time
•   50 students are working in part-time, work-study positions
•   40 people are not employed but are actively seeking work
•   30 people are not working and are not looking for a job
•   10 people are considered discouraged workers
•   35 people are marginally-attached
•   60 people are under age 16
•   15 people are retired, not working and not looking for work
  
  a.  The (U3) unemployment rate is equal to _____ %
  b.  Is this economy “fully-employed” according to the U.S. definition?  Why or why not?

  c. True or False.  Underemployed individuals are counted as “employed” even though they are not fully using their skills.  Justify your answer.

  d. True or False.  Cyclical unemployment is a result of recessions and economic downturns and is not considered part of the natural rate of unemployment.  Justify your answer.

Shown below is the activity for one of the products of Marathon Creations:

January 1 balance, 80 units @ $50

Purchases:

            January 18: 40 units @ $51

            January 21: 30 units @ $52

            January 28: 40 units @ $54

Sales:

            January 12: 30 units @ $80

            January 22: 50 units @ $80

            January 31: 45 units @ $82

Required:

Marathon Creations uses a Period Inventory System. Compute ending inventory as of January 31 and sales, cost of goods sold and gross profit for the month of January for each of the following inventory cost flow assumptions:

1. FIFO
2. Weighted Average
3. LIFO