Faced with high levels of government debt, European Union economies have been reducing government expenditure and/or raising taxes. What are the effects of these “austerity policies” on EU national saving, S? For each of the following three cases, derive the expected effects on EU and US interest rates, saving, investment, and net exports: (a) EU is a closed economy; (b) EU is a small open economy; (c) the world consists of two large economies: the EU and the US.
In: Economics
1- You need to analyze the operation and performance of a four-stroke, spark-ignition internal combustion engine (automobile engine).
a- Would you analyze the engine as an Open System or a Closed System?
b- How many properties of the engine exhaust would you need to measure in order to determine the Thermodynamic State of the exhaust gas?
c- Identify a set of properties of the exhaust gas that you might measure to establish its state.
d- Are these properties Intensive or Extensive?
In: Mechanical Engineering
14. In the Excel, or spreadsheet, approach to recording financial transactions, if manufacturing overhead is underapplied by X dollars, the Manufacturing Overhead account is closed out by deducting X dollars in the Manufacturing Overhead column and deducting X dollars in the Retained Earnings column.
True or false
16. In the Excel, or spreadsheet, approach to recording financial transactions, expired insurance coverage on factory equipment is recorded as a decrease in the Prepaid Insurance column and as a decrease in the Retained Earnings column.
True or False
In: Accounting
2. Consider the Krugman model whose equilibrium could be described by the intersection of PP (pricing rule) and ZZ (zero profit condition) schedules. How would the closed-economy equilibrium change if fixed costs were larger? Use the graph with PP and ZZ schedules, and explain how in the new equilibrium, consumption per capita of a product, supply quantity of a product, price of a product relative to wage, and number of product varieties change. Provide intuition for your results.
In: Economics
Give your recommendation about the concept of specific
heat capacity and latent heat can
be utilized in ice- cream industry to cool the ice creams and in
cooking food in the kitchen. In the
latent heat formula, Q = ± mL, how can you make the significance of
dual sign in the formula?
How can you provide scientific justifications to prove that there
are some differences in total
cooking time in open vessels compared that with a closed vessel
like pressure cooker
In: Physics
] Faced with high levels of government debt, European Union economies have been reducing government expenditure and/or raising taxes. What are the effects of these “austerity policies” on EU national saving, S? For each of the following three cases, derive the expected effects on EU and US interest rates, saving, investment, and net exports: (a) EU is a closed economy; (b) EU is a small open economy; (c) the world consists of two large economies: the EU and the US.
In: Economics
A 75 watt incandescent light bulb and an 18 watt compact fluorescent bulb are equally bright. How much warmer will an insulated closed 12 by 11 by 8.0 foot room get in 1.0 hour if it is lighted by an incandescent bulb than if it is lighted by a fluorescent bulb? At room temperature, the specific heat of air is 1.007 J/gC and its density is 1.2 g/L. The watt is the SI unit of power; 1 watt = 1 J/s.
In: Chemistry
In: Economics
Let α, β be cuts as defined by the following:
1) α ≠ ∅ and α ≠ Q
2) if r ∈ α and s ∈ Q satisfies s < r, then s ∈ α.
3) if r ∈ α, then there exists s ∈ Q with s > r and s ∈ α.
Let α + β = {r + s | r ∈ α and s ∈ β}.
Show that the set of all cuts R with the addition defined above satisfies the axioms for addition (closed, associative, symmetric, identity, inverse)
In: Advanced Math
The vapor pressure of liquid methanol, CH3OH, is 100 mm Hg at 294 K. A 5.59×10-2 g sample of liquid CH3OH is placed in a closed, evacuated 490 mL container at a temperature of 294 K. Calculate what the ideal gas pressure would be in the container if all of the liquid methanol evaporated in mm Hg Assuming that the temperature remains constant, will all of the liquid evaporate? What will the pressure in the container be when equilibrium is reached in mm Hg?
In: Chemistry