1. By January 2014 the US population had grown to 317.3 million and the US Federal Debt was a reported $17.3 trillion. Calculate the January 2014 Federal Debt per capita and use the calculation in a meaningful sentence.

2. From class we learned that in 2010 the federal debt (in millions) was $13,561,623 and the population of the U.S. was 309 million. Use these values to compute the federal debt per capita in 2010.

3. In 1980, a Domino’s large pizza cost $4.99. What would be the cost of that pizza in 1995 dollars?

4. In 1986, a certain model of car cost $13,000. What would be the cost of that car in 2012 dollars? How does this compare to the actual cost of a typical new car in 2012?

5. According to a NY Times article on December 13, 2009, the average selling price of a 32” LCD TV was $600. What would be the cost of that same TV in 2015 dollars?

6. In 2009, the price of a package of crayons was $2.80. If it was the year 1988, what would the price be?

7. Use the chart below to answer: Using the starting value of $112 in 1995, which year was a better price when considering inflation? 2000, 2007 or 2011? (Assume that 1995 is a fair value for the goods and services.)

1. What do you think would happen to interest rates in the US if the US government deficits increase? What if foreign investors reduce their purchases of 10-year treasuries? Explain briefly.

2. What is the difference between tailoring and tapering?

Simon and Adrienne are healthy people who lived in a rural area with poor health services when they had their first child, Benjie. He had seizures in infancy, and as he grew into toddlerhood it became apparent that he was severely mentally retarded. He died at 26 months of age. Because he had never been diagnosed with a specific disorder, an autopsy was performed. His brain showed signs of great derangement, with nerve cells degenerating and missing. No diagnosis was made, and because no other relatives had been affected, a genetic problem was not suspected. The family physician assured the couple that the condition was not likely to repeat. The couple waited a few years, then had another child after moving to Chicago. When little Julie had the same symptoms as her brother, Simon and Adrienne took her to a major medical center. Urine and cerebrospinal fluid tests revealed large amounts of the chemical carnosine, which consists of two types of amino acids, alanine and histidine, joined together. Digestion should have broken the carnosine down into the individual amino acids, which are small enough to enter the bloodstream. When a medical geneticist learned of Julie's test results, she tested the urine of the parents. Each had half the normal activity for an enzyme called carnosinase. Julie has, and Benjie had, an inherited disorder, carnosinemia.

1. The mode of inheritance for carnosinemia in this family is __________ .

2. What is the biochemical evidence that indicates the mode of inheritance?

3. The probability that Simon and Adrienne can conceive a child who does not inherit carnosinemia is ____

4. The probability that they can conceive a child who is a carrier like they are is_____.

5. Devise a treatment for carnosinemia. 6. In one experiment on two children with carnosinemia, all sources of dietary protein with an alanine next to a histidine were eliminated from the diet. The children still excreted carnosine in the urine. What is an explanation for this finding?

1. What are illusory contours? Discuss in detail an example from the readings. What does the perception of illusory contours tell us about how mid-level vision operates?

2. Describe several of the Laws of Organization that allow us to judge distance that only require bottom-up processing?

3. What are Gestalt grouping rules? Describe each rule, including specifying an example for each.

2. Describe three ways in which the visual system compensates for aspects of the visual stimulus to give us perceptions of a stable, real physical world.

3. What does it mean to assume that the mind is modular? Make sure to clearly distinguish this view from the view that processing structures in the brain are domain general. What evidence supports the modular view and what evidence undermines it?

4. What is difference between bottom-up and top-down processing? Describe in detail an example of each from the theories of visual pattern recognition.

5. What is the difference between an early selection model of attention and a late selection model of attention? Describe an example of each kind of model, including discussing what makes it a model of that type.

5. What are “perceptual committees”? Is there ever an incident where perceptual committees fail? If so, why?

6. What is the global superiority effect? Give an example of this phenomenon. How does this impact our day-to-day lives?

7. Compare and contrast Direct and Constructivist accounts of perception.

Sun packaging is a profit-making manufacturing company established during 1998. The company is not fulfilling their responsibility towards their stakeholders. They do not provide fair wages to the employees and the company did not disclose all the financial information to their stakeholders about the company.

        i.            Who are classified as stakeholders?

      ii.            Discuss how each stakeholder will be affected?   

    iii.            Which principles or concepts of accounting is affected if they do not disclose the information?       

Alibaba Group Initial Public Offering: A Case Study of
Financial Reporting Issues
Qing L. Burke
Tim V. Eaton
Miami University

Q6. Alibaba Group’s Consolidated Balance Sheets in its IPO Prospectus report that its retained earnings went from a positive balance in the year ended March 31, 2012 to a large negative balance in the year ended March 31, 2013.

a. Generally speaking, what are the factors that impact a company’s retained earnings?

b. Using the information from Alibaba Group’s Consolidated Financial Statements in its IPO Prospectus, provide possible explanations for factors that contributed to the wild ?uctuations in retained earnings and whether this should cause an investor concern

Two random samples are taken, one from among first-year students and the other from among fourth-year students at a public university. Both samples are asked if they favor modifying the student Honor Code. A summary of the sample sizes and number of each group answering "yes'' are given below:

First-Years (Pop. 1):n1=93 x2=56

Fourth-Years (Pop. 2):,n2=97 x1=62

Is there evidence, at an α=0.07 level of significance, to conclude that there is a difference in proportions between first-years and fourth-years? Carry out an appropriate hypothesis test, filling in the information requested.

A. The value of the standardized test statistic:

B. The P-value is

A cinema knows near a university knows that there are two types of consumers: regular people and students. Ordinary people have an aggregate demand curveof? = 10−p/3 while students have an aggregate demand curve of? = 10–2p/3. The marginal cost of the cinema is zero.

a) Suppose students can be separated from other people by their student id, and the cinema charges each group of consumers a different price. What prices would the cinema charge?

b) Suppose the cinema cannot price discriminate. What would be the market price and quantity sold to each group of customers?

c) How much does the cinema gain from price discrimination?

Please show the process to the solution

Suppose that the WTAMU post-office wants to develop a new system that will give its user more on-line experience. The post office plans to serve WTAMU students identifying through their ID, or with help from the university information. The new system will facilitate as like the IT service center, a student/faculty/staff will be allowed to create tokens to send/receive their mails, and the post office workers will collect the mail from the service location.

You have been put in charge of designing the project. Develop a plan for estimating the project. Create a work-plan listing the tasks that will need to be completed to meet the project’s objectives. Create a Gantt chart or a network diagram to graphically show the high-level tasks of the project.