Question 17

1. Which of the following represents an advantage of setting up a manufacturing plant in a foreign trade zone?

   		A company that has set up a manufacturing plant in a foreign trade zone is free from paying U.S. income taxes.
   		Goods sold in a foreign trade zone are exempt from paying duty.
   		Goods imported into a foreign trade zone are duty-free until they leave the zone for sale in the United States.
   		A company that has set up a manufacturing plant in a foreign trade zone is free from paying duty on inventory included in finished products.

Question 18

1. Which of the following is true of economic risk?

   		It is the degree to which a firm's financial statements are exposed to exchange rate fluctuation.
   		It refers to the possibility that future cash transactions will be affected by changing exchange rates.
   		It refers to the possibility that a firm's present value of future cash flows will be affected by exchange rate fluctuations.
   		It is synonymous with translation risk.

Question 19

1. Over half the cases of fraud are discovered through:

   		tips and by accident.
   		internal audits and external audits.
   		internal controls and external audits.
   		internal audits and internal controls.

Question 20

1. _____ is a premier credential for a forensic accountant.

   		Certified Public Accountant
   		Certified Financial Analyst
   		Certified Management Accountant
   		Certified Fraud Examiner

Environmental fate of medications Medications can enter wastewater management systems either through human excretions or through improper disposal. Many medications are not effectively treated by current wastewater management processes and therefore are discharged by wastewater treatment plants. Antidepressants are some of the most commonly prescribed medications in the United States, and many antidepressants are not effectively managed by wastewater treatment plants. a. A wastewater treatment plant discharges to Boulder Creek in Colorado at a rate of 64 million L/day, and the stream flow, upstream of the wastewater discharge point, is 1110 L/s. If the concentration of the antidepressant venlafaxine (Effexor) measured in the creek water is 10 ng/L, what is the mass discharged per day from the wastewater treatment plant, assuming that there are no sources other than the wastewater treatment plant, and assuming that the drug rapidly equilibrates among sediment, fish, and water? What is the concentration of the medication in the wastewater treatment plant effluent? BCF = 40.27 KOC = 3.162 Organic sediment = 15 ppm Biota concentration = 5 g/100 m3 b. A man fishing near the outflow point of Boulder Creek eats 0.2 kg of fish from the creek. How much venlafaxine will he ingest? One dose of Effexor contains 75 mg of venlafaxine. What percentage of a dose will the fisherman ingest?

Q2. Solar or photovoltaic (PV) cells convert sunlight to electricity and are commonly used to power calculators, satellites, remote communication systems, and even pumps. The conversion of light to electricity is called the photoelectric effect. It was first discovered in 1839 by Frenchman Edmond Becquerel, and the first PV module, which consisted of several cells connected to each other, was built in 1954 by Bell Laboratories. The PV modules today have conversion efficiencies of about 12 to 15 percent. Noting that the solar energy incident on a normal surface on earth at noontime is about 1000 W/m2 during a clear day, PV modules on a 1-m2 surface can provide as much as 150 W of electricity. The annual average daily solar energy incident on a horizontal surface in the United States ranges from about 2 to 6 kWh/m2. A PV-powered pump is to be used in Arizona to pump water for wildlife from a depth of 180 m at an average rate of 400 L/day. Assuming a reasonable efficiency for the pumping system, which can be defined as the ratio of the increase in the potential energy of the water to the electrical energy consumed by the pump, and taking the conversion efficiency of the PV cells to be 0.13 to be on the conservative side, determine the size of the PV module that needs to be installed, in m2. (TOTAL 25 MARKS)

The "gold standard" is a system in which ________.

people use gold as a medium of exchange

gold is imported into the United States in exchange for paper currency

gold mining firms own the right to print currency

paper currency is backed by gold

Question 12

The U.S. central bank is the government institution that ________.

monitors financial institutions, controls the money supply, and invests in foreign assets

controls the money supply and invests in foreign assets

monitors financial institutions, controls the money supply, sets certain key interest rates, and decides political targets

monitors financial institutions, controls the money supply, and sets certain key interest rates

Question 13

The Federal Reserve Bank ________.

controls the total volume of public debt in the country

comprises twenty regional banks

is controlled by the federal government

has its headquarters in Washington, D.C.

Question 14

The two key objectives of the Fed are ________.

low and predictable levels of inflation and interest rate stabilization

low and predictable levels of inflation and zero unemployment

zero inflation and zero unemployment

low and predictable levels of inflation and maximum levels of employment

Question 15

The ________ is the interest rate that banks charge each other for overnight loans.

discount window interest rate

spot interest rate

federal funds rate

subsidized banking interest rate

Please select one of the following questions and answer in essay format (one page, double spaced, 12 point font)

1) Read the case studies on Manuel Gomez (p.254). Examine the history of immigration to the United States from the Cape Verde Islands. How did the immigration to the US impact Manuel? What was Manuel’s experience in bilingual education? What can classroom teachers learn from Manuel’s education and home life?

2) According to Christina Igoa, “a recurring theme regarding the inner world of the immigrant child is a feeling of exhaustion, not only from the sounds of a new language but also from the continual parade of strange sights and even in a new culture” (p.235). As a classroom teacher, how could you try to alleviate some of the trauma experiences learning a new language?

3) According to Catherine Snow, “the greatest contribution immigrant parents can make to their children’s success is to ensure they maintain fluency and continue to develop their home language” (p.236). This quote contradicts common advice given to language-minority-students to “speak English to your children at home” (p.236). With research confirming the positive influence of knowing more than one language, why is there resistance to bilingualism? How would you use this information as a classroom teacher?

Wright brothers (Wilbur Wright, 1867-1912, and Orville Wright, 1871-1948) invented the world’s first successful motorized, heavier-than-air plane in 1903. They are considered national heroes of the United States of America. Besides their great scientific and engineering achievements, Wright brothers were also good businessmen and they knew exactly how to protect their rights and interests. Their first (and probably the most important) U.S. patent did not claim invention of an airplane, but a general method of aerodynamic control that applied to not only their airplanes, but almost all the airplanes created after them. (So far this is still pretty much the only control method for heavier-than-air aircrafts.) This essentially means all the followers have to pay Wright brothers before they are allowed to produce their own airplane designs.

(1) Do you think Wright brothers’ claim of patent protection legitimate and reasonable?

(2) From the perspective of intellectual property protection, what do you think is the reason that in World War I, airplanes designed by Americans were worse than those by French?

(3) Learning from Wright brothers’ example, discuss why some intellectual products should be protected and some should not. Your discussion may involve the relation between morality and law.

"Insects in the family Culicidae, commonly called mosquitos, are not just annoying arthropod pests. These blood-sucking insects are major vectors for the spread of infectious diseases, including a leading worldwide killer, malaria, dengue, and birth defects caused by the newly emerging Zika virus. The importance of such vectors and their diseases is indicated by the fact that epidemiologists have given a special name to viruses spread by arthropods, the arboviruses, and their disease are arboviral diseases

"Microbiologists have discovered a genus of bacteria, Wolbachia, that is an obligate intracellular parasite in arthropods, including mosquitos. These bacteria take control over their hosts. Recent research has shown that certain strains of Wolbachia can reduce the ability of Aedes aegypti mosquitos to carry and transmit dengue virus. Since the bacteria can spread between mosquitos, some scientists have proposed releasing Wolbachia-infected insects into the wild to spread Wolbachia, which would spread throughout the mosquitoes and prevent the spread of dengue. "

Imagine you are on a scientific team at the Environmental Protection Agency (EPA) charged with reviewing an application to release mosquitos infected with genetically engineered Wolbachia to prevent the spread of Zika in the United States.

1. Would you approve this application?

2. What additional information is required to make an informed decision?

Write a detailed response to the prompt above.

1. Discuss the fact that IQ scores are normally distributed with a mean of 100 and a standard deviation of 15. Ashton Kutcher has been reported on several websites to have an IQ of 160.

a. What does it mean to have an IQ of 160?

b. What is the z-score of Ashton Kutcher’s IQ?

c. What proportion of people have an IQ score of more than 160?

d. Assuming there are about 323 million Americans, how many Americans have an IQ of over 160?

e. Do you think these websites are correct about the IQ of Ashton Kutcher?

2. Discuss the following populations and decide if the population is approximately normally distributed.

a. The lengths of the longest hair on the heads of female VVC students.

b. The numbers of hats worn by VVC students during a given school day (M-Th).

c. The amounts of liquid in all 8oz soda cans on store shelves in the United States.

d. The amounts of money spent on jeans in 2016 for every resident of Beverly Hills, CA.

e. The lifespans of all dry erase markers that are currently in the Technology Building. (The length in time from when they are taken out of the package to when they are thrown away.)

Then, have each group come up with an example of a population that is approximately normally distributed, and discuss.

21.

What percentage of water on earth's surface is readily available to terrestrial life?

Group of answer choices

97.5%

71%

5%

1%

less than 0.01%

22.

Dams can be detrimental to all of the following *EXCEPT*

Group of answer choices

fishermen

aquatic wildlife

rural and ur

Based on the use of water in an average home in the United States, which of the following methods would conserve the most water?

Group of answer choices

Decreasing the water temperature when taking a shower

Replacing old toilets with new low flow toilets

Turning the water off while brushing teeth

Drinking more bottled water instead of water from the tap

Taking baths instead of 5 minute showers

24.

Which of the following actions are people concerned about water pollution most likely to do?

Group of answer choices

Dispose of used car oil in the storm drain

Switch from organic to inorganic fertilizers

Pull weeds by hand rather than applying herbicides

Switch to a laundry detergent with high phosphate content

25.

Which of the following is NOT a water pollutant that threatens human health?

Group of answer choices

Cholera

Ozone

Mercury

E. coli

Arsenic

ban electricity customers

towns and farms upstream of the dam location

23.

The ________ specifies that government agencies must give preference to American products when putting contracts for equipment out to bid unless the foreign products have a significant price advantage.

In the 1980’s Voluntary Export Restraints imposed by the United States resulted in:

Infant industry argument is used to:

The __________ of foreign direct investment refers to the amount of FDI undertaken over a given period (normally a year). The __________ of foreign direct investment refers to the total accumulated value of foreign-owned assets at any time.

Foreign direct investment is the best strategy when: