Consider the labor market for garment workers. This work used to be done largely by hand. As new machines were developed to help in the making of clothes, what do you predict happened to the demand for labor? The invention of new technology can be thought as the price of capital as falling.
1) Consider the scale effect. Do you expect this to be small or large? Consider the two factors that determine the size of the scale effect.
2) Consider the substitution effect. Do you expect this to be small or large? Consider the two factors that determine the size of the substitution effect.
3) Can you guess whether the substitution or scale effect might dominate?
4) Suppose capital and labor are gross substitutes. Would you consider new technology in the sewing industry to be a good thing or bad thing? Why?
In: Economics
The firm will receive cash inflow of $30 million on June 20 which needs to be parked for a period of 3 months ending on sep 19. The CFO believes the interest rates will start falling and wishes to hedge against this. She notes that the june euro dollar futures (expiring on june 20) is at 96
a. Write down the position that she should take on the euro dollar contracts. The final closing price on June 20 was 95
b. Compute the interest earned when the $ 30 million was invested on June 20 for 3 months
c. Compute the loss / gain on the euro dollar futures
d. Assuming the loss/ gain on the euro dollar futures were realised on sep 19. what was the total cash inflow on sep 19
e. Therefore what was the effective interest rate using this strategy
In: Finance
In: Nursing
1.The Vector Product or otherwise know Cross Product of two vectors is itself another vector. When is the product zero?
2.How does one find the resultant vector of multiple vectors added together?
3.The change in displacement divided by the time interval over which the change in displacement occurs is known as what?
4.The change in velocity divided by the time interval in which the change in velocity occurs is known as what?
5.The constant acceleration of a freely falling object is called the ______?
6. In “Ideal” Projectile motion (No air resistance) how does the velocity in the horizontal direction behave throughout the flight of an object? And what is the flight path known as?
7.Acceleration of an object in uniform Circular motion is radial, what does this mean? And what is it sometimes called?
In: Physics
A. In the community, the Personal Support Worker student is caring for Mr. McPhee who is a heavy gentleman with weakness in both legs. He requires assistance to stand and ambulate with a walker. What measures must the Personal Support Worker student take to ensure the safety of Mr. McPhee?
B. Mrs. Graham has been using a cane to assist with walking. She complains to you that she is feeling more unsteady when walking and is afraid of falling. What mobility aid would offer her more support? Why
C. What would you do as a Personal Support Worker with this new information that you have gathered?
D. If an employer asks a PSW to take blood pressure, would the PSW do it without extra training? Explain why or why not?
In: Nursing
According to the website www.collegedrinkingprevention.gov, “About 25 percent of college students report academic consequences of their drinking including missing class, falling behind, doing poorly on exams or papers, and receiving lower grades overall.” A statistics student is curious about drinking habits of students at his college. He wants to estimate the mean number of alcoholic drinks consumed each week by students at his college. He plans to use a 99% confidence interval. He surveys a random sample of 55 students. The sample mean is 3.69 alcoholic drinks per week. The sample standard deviation is 3.56 drinks.
Construct the 99% confidence interval to estimate the average number of alcoholic drinks consumed each week by students at this college.
( , )
Your answer should be rounded to 2 decimal places.
In: Statistics and Probability
You are serving on a jury. A plaintiff is suing the city for
injuries sustained after falling down an uncovered manhole. In the
trial, doctors testified that it will be 5 years before the
plaintiff is able to return to
work. The jury has already decided in favor of the plaintiff. You
are the foreman of the jury and propose that the jury gives the
plaintiff an award to cover the following items:
(1) The present value of two years back pays ($34,000 in 2018,
$36,000 in 2019). Assume that it is January 1, 2020, and that all
salary is received at year-end.
(2) The present value of 5 years of future salary (2020-2024).
Assume that the plaintiff’s salary would increase at a rate of 3% a
year.
(3) $100,000 for pain and suffering
(4) $20,000 for court costs
Assume an interest rate of 7%. What should be the size of the
settlement?
In: Finance
Question 1:
Read the following situations and decide if the situation described is a symptom or a problem. If it is a symptom, provide an example of what the underlying problem might be. If it is a problem, provide an example of what symptom we might see.
Alcatel, a flip-phone manufacturer, discovers its phone's
features are viewed as inadequate by target consumers.
Abercrombie & Fitch discovers its sales are falling short of
its goals.
Time Warner Cable discovers its customer satisfaction scores
declined for the third year in a row.
PacSun discovers its advertisements during Golden Girls reruns are
not reaching its target market.
What role does exploratory research play in the marketing research process? How does exploratory research differ from other forms of marketing research?
In: Operations Management
Corporate Financial Management:The Equity Markets
10. a. XYZ Plc is growing quickly. Dividends are expected to grow at a 30 per cent rate for the next three years, with the growth rate falling off to a constant 6 per cent thereafter. If the required return is 13 per cent and the company just paid a €1.80 dividend, what is the current share price?
In: Finance
Case and Deaton (2015) note that morbidity and mortality rates have recently increased for U.S. white, non-Hispanics, ages 45-54. This runs opposite the general trend of falling death rates among other demographic groups and across other developed countries.
(a) What are the main causes of death that the authors find have been increasing for this demo- graphic group (U.S. whites ages 45-54)?
(b) Given the cited causes of death, offer one possible explanation or cause of this trend in mortality and morbidity among whites ages 45-54.
(c) Make a specific suggestion for how you could use data to test if your suggested explanation in (b) is a driving force behind this trend. Briefly explain your proposed method.
In: Economics