Please answer the correct answer and explain it.

1.   In the 1980s, one often-heard explanation for the low levels of net investment in the US and UK was that
a)   developed economies had no incentives for acquiring new capital
b)   investment opportunities were limited because the already large capital stock was inducing a low marginal product of capital
c)   depreciation and obsolescence were so rapid that firms could barely keep up with demands for replacing existing capital
d)   stock market participants sought short-term capital gains from market appreciations rather than long term dividends from investment
e)   rapid price inflation was creating excessive investor uncertainty

Explain your Answer:

2.   Comparing State economies to that of the US as a whole shows that
a)   about half the States are in recession at any point in time
b)   when the US enters a recession, about 20% of the States experience economic expansion, and vice versa
c)   there is very little correlation between the national and regional economies
d)   there is a highly positive correlation between the national economy and most State economies
e)   the 12 Federal Reserve districts experience business cycles independently of each other

Explain your Answer:

3.   Inflation is primarily a problem
a)   because even low inflation rates severely hamper GDP growth
b)   for those who are heavily indebted
c)   when it is volatile and thus unpredictable
d)   because it is severely underestimated, especially when products are improving in quality
e)   for accounting and record-keeping, but it does not affect the actual trading of goods and services

Explain your Answer:

The next two questions refer to the following.

Consider the following hypothetical annual growth rates of real GDP:

Long run trend       1996   1997   1998   1999   2000   2001   2002   2003
  2.5%    3.0%   2.5%   2.0%   -1%   0.5%   2.0%   2.5%   3.0%

1.   1998 appears to have been a year of
a)   economic expansion
b)   recession
c)   depression
d)   growth recession
e)   stagflation

Explain your Answer:

2.   Economic recovery from recession appears to have begun in
a)   1999
b)   2000
c)   2001
d)   2002
e)   2003

Explain your Answer:

On March 1, Jefferson Company collected a $750 deposit for services to be performed on March 15. Jefferson completed the project on March 15, as agreed. What adjusting entry would Jefferson make on March 15, related to this transaction?

a.Debit Cash: $750, credit Revenue: $750

b.Debit Unearned Revenue: $750, credit Revenue: $750.

c. Debit Revenue: $750, credit Cash: $750.

d. Debit Revenue: $750, credit Unearned Revenue: $750.

Consider a capacity constrained process producing a high profit margin product. What will the impacts on revenue and profits be if processing time for the bottleneck resource is reduced by 10% while everything else remains the same?

A)No impact on revenue or profits

B)Higher revenue and profits

C)Lower revenue and profits

D)Higher profits with no change in revenue

On November 21st, Jerry's accounting firm collected $20,000 from John for work to be performed in the future. On December 10th, the accounting firm completed 60% of John's work. What is the journal entry made on December 10th?

A) Debit service revenue $12,000 and credit unearned revenue $12,000

B)Debit unearned revenue $20,000 and credit cash $20,000

C) Debit cash $20,000 and credit unearned revenue $20,000

D) Debit unearned revenue $12,000 and credit service revenue $12,000

1. A researcher estimates that the average revenue of the largest businesses in the U.S. is greater than $24 billion. A random sample of 50 companies is selected, and the revenues in billions of dollars are recorded. Assume a Normal distribution with a standard deviation of $30 billion. Is there enough evidence at an 8% level of significance to support the researcher’s claim?

1. Identify the proper Test or Confidence interval:

2. Complete the Test or Confidence Interval.

Explain revenue variances and spending variances in flexible budget planning?

explain how utilization rates are related to volume and revenue generation

The value of a sports franchise is directly related to the amount of revenue a franchise can generate. The accompanying data table shows the annual revenue​ (in millions of​ dollars) and value​ (in millions of​ dollars) for 30 baseball franchises. Complete parts​ (a) through​ (c) below.

a. Construct a 95​% confidence interval estimate of the mean value of all baseball franchises that generate ​$150 million of annual revenue.

b. Construct a 95​% prediction interval of the value of an individual baseball franchise that generates $150 million of annual revenue.

c. Explain the difference in the results of​ (a) and (b).Choose the best explanation below.

A. The prediction interval is wider than the confidence interval because simple linear regression is inadequate for analyzing these data. They should be the same.

B. The prediction interval is wider than the confidence interval because the standard deviation of the value data is larger than the standard deviation of the revenue data.

C. The prediction interval is wider than the confidence interval because there is more variation in predicting an individual value than in estimating a mean value.

D. The prediction interval is wider than the confidence interval because the franchise value data are larger than the franchise revenue data.