The Gold Standard 1870-1914 was associated with which of the following?
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globalization |
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London at the center of the system |
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pure commodity currency |
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all of the above |
Which of the following elements of Glass-Steagal act of 1934 was designed to prevent bank runs?
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FDIC |
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separation between investment banking and the National treasury |
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interest rate ceilings |
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FOMC |
Nationalist protectionist policies had which impact on the Great Depression?
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shortened the depression and preserved employment domestically |
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shortened the depression and increased inequality domestically |
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prolonged the depression significantly |
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these policies were benign with respect to the Great Depression |
Like many stable monetary regimes the Gold Standard broke down because of which of the following?
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excessive money printing to finance war |
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excessive government budget deficits |
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loss of faith in the intrinsic value of gold |
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technological innovation disrupting the old system |
In: Economics
1. You have landed your dream job working for Steve Evert. Unfortunately, Steve doesn't know anything about making solid business decisions. Your first assignment is to help educate Steve on the difference between transactional and analytical information and how he can use a digital dashboard to consolidate data and drill down into the details of data to help run his business.
2. Steve would also like you to create a document highlighting the five different types of artificial intelligence systems and how each system might help support making business decisions.
3. Why would the DoD use an event like the DARPA Grand Challenge or DARPA Robotic Challenge to further technological innovation?
4. Describe how autonomous vehicles and robots could be used by organizations around the world to improve business efficiency and effectiveness.
In: Computer Science
Lui Company's 2010 income statement reported total sales revenue of $350,000. The 2009-2010 comparative balance sheets showed that accounts receivable increased by $20,000. The 2010 "cash receipts from customers" would be: (2 points) a. $270,000 b. $250,000 c. $330,000 d. $40,000
In: Finance
Rust Pipe Co. was established in 1994. Four years later the company went public. At that time, Robert Rust, the original owner, decided to establish two classes of stock. The first represents Class A founders' stock and is entitled to twelve votes per share. The normally traded common stock, designated as Class B, is entitled to one vote per share. In late 2010, Mr. Stone, an investor, was considering purchasing shares in Rust Pipe Co. While he knew the existence of founders’ shares were not often present in other companies, he decided to buy the shares anyway because of a new technology Rust Pipe had developed to improve the flow of liquids through pipes. Of the 1,600,000 total shares currently outstanding, the original founder's family owns 52,125 shares. What is the percentage of the founder's family votes to Class B votes?
In: Finance
Rust Pipe Co. was established in 1994. Four years later the
company went public. At that time, Robert Rust, the original owner,
decided to establish two classes of stock. The first represents
Class A founders' stock and is entitled to eleven votes per share.
The normally traded common stock, designated as Class B, is
entitled to one vote per share. In late 2010, Mr. Stone, an
investor, was considering purchasing shares in Rust Pipe Co. While
he knew the existence of founders’ shares were not often present in
other companies, he decided to buy the shares anyway because of a
new technology Rust Pipe had developed to improve the flow of
liquids through pipes.
Of the 2,150,000 total shares currently outstanding, the original founder's family owns 53,225 shares.
What is the percentage of the founder's family votes to Class B
votes?
In: Finance
1. Suppose that a simple economy produced only three goods: wheat, automobiles, and chairs. The table below lists the quantity and prices for each of the goods for year 2000 and 2010. Based on table, answer the following questions
|
Quantity produced in 2000 |
Price in 2000 |
|
|
Wheat |
100 |
$5 |
|
Automobiles |
200 |
$40,000 |
|
Chairs |
400 |
$10 |
In: Economics
Three companies, Optimax, Megachug, and Thirstoid, each with about the same market share, dominate the sports drink market. In an attempt to increase profits, the three companies coordinate their actions and agree to restrict their collective output of sports drinks, thereby increasing the price of sports drinks in the market.
This is an example of:
In: Economics
In: Operations Management
10. Suppose that the required reserve ratio is 7.5%. If the Fed sells $530 million of bonds to the First National Bank. What happens to reserves and the monetary base? What will happen to the money supply? Show the changes in The Federal Reserve’s balance sheet, First National Bank’s balance sheet, and the collective banking system’s balance sheet.
In: Economics
A Deputy Chancellor for Student Affairs from a small tertiary institution was concerned about student spending on internet costs during the study period from home since the Covid-19 outbreak. He wanted to find out whether student spending on the Social Sciences group was more than student spending on the Science and Technology family. As a quick and preliminary study, he collected samples of 9 students from the Science and Technology family and 11 students from the Social Sciences family. The following table contains expenses for student internet during April 2020 (in $. 000):
|
Science & Technology |
21 |
28 |
20 |
18 |
17 |
23 |
27 |
29 |
20 |
||
|
Social Sciences |
22 |
24 |
21 |
19 |
25 |
17 |
20 |
18 |
23 |
22 |
15 |
Note: Spending on the internet is purely for learning from home, which is calculated based on an increase from the previous month's expenditure.
Question:
1. Explain whether you can or cannot use the normal distribution
approach in the above case?
2. Perform testing by showing formal steps in testing hypotheses
(design hypotheses, decision rules (critical values), test
statistics, and conclusions) at α = 0.05.
In: Statistics and Probability