2. Economic growth. Two key sources of economic growth have been due to increases in resources and increases in productivity.
a. Please discuss 5 factors that might contribute to falling U.S. GDP growth rates into the future,
b. Explain in detail, what we could do to avoid each of the 5 factors causing our GDP growth rates to fall.
c. Please discuss 5 factors that might contribute to rising U.S. GDP growth rates into the future,
d. Explain in detail, what we could do to cause each of the 5 factors to happen and cause our GDP growth rate to increase. .
e. Do a bit of research into our ability to get more resources and the cost associated with getting the
hardest to recover bits of resources.
f. What could prevent us from “Engineering our way out of the problem”?

8. Using the allowance method, is bad debt expense recognized in (a) the period in which sales related to the
uncollectible amounts were made or (b) the period in which the seller learns that the customer is unable to pay?
9. Does a decrease in the receivables turnover ratio generally indicate faster or slower collection of receivables? Explain.
10. Contrast the effects of weighted average versus FIFO on reported assets, specifically on earnings before income
taxes, when (a) prices are rising and (b) prices are falling.
11. Contrast the effects of weighted average versus FIFO on cash outflow and inflow.
12. Briefly explain the application of the LC&NRV concept to the ending inventory and its effect on the statement of
earnings and statement of financial position when the net realizable value of inventory is lower than cost.
13. Define goodwill. When is it appropriate to record goodwill as an intangible asset?

For this assignment, imagine you have been contacted by an agency in your community to provide consultation on how they might improve their services to clients. The agency is concerned that clients with serious counseling issues are "falling between the cracks" when they are referred to others in the community for intensive treatment. Furthermore, the brief aftercare they provide is not accessible enough to sufficiently support clients as they re-integrate into the community.

1) Identify a population with mental health counseling needs as well as other needs, for example:

- People experiencing chronic or severe mental illnesses who also experience homelessness.

- Children with medical needs who also experience high anxiety.

- Elderly individuals who are socially isolated and depressed.

- Chemically dependent persons with recurring mental health crises.

2)Evaluate how the group you identified has been served in the history of clinical mental health counseling.

You are serving on a jury which began in January 2020. A plaintiff is suing the city for injuries sustained after falling down an uncovered manhole in 2018. 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 and your co-jurors propose that the plaintiff receives the following judgement:

1-) 2 years of back pay ($54,000 in 12/2018, $62,000 in 12/2019). Assume that it is January 1 2020 and that all salary is received at year end.

2-) 5 years of future salary (2020-2024). Assume that the plaintiff’s salary would increase at a rate of 3.5 percent per year.

3-) $100,000 for pain and suffering

4- ) $20,000 for court costs. What is the size of the settlement if current interest rate is 7 percent?

8. Using the allowance method, is bad debt expense recognized in (a) the period in which sales related to the
uncollectible amounts were made or (b) the period in which the seller learns that the customer is unable to pay?
9. Does a decrease in the receivables turnover ratio generally indicate faster or slower collection of receivables? Explain.
10. Contrast the effects of weighted average versus FIFO on reported assets, specifically on earnings before income
taxes, when (a) prices are rising and (b) prices are falling.
11. Contrast the effects of weighted average versus FIFO on cash outflow and inflow.
12. Briefly explain the application of the LC&NRV concept to the ending inventory and its effect on the statement of
earnings and statement of financial position when the net realizable value of inventory is lower than cost.
13. Define goodwill. When is it appropriate to record goodwill as an intangible asset?

The polling organization Ipsos conducted telephone surveys in March of 2004, 2005 and 2006. In each year, 1001 people age 18 or older were asked about whether they planned to use a credit card to pay federal income taxes that year. The data are given in the accompanying table. Is there evidence that the proportion falling in the three credit card response categories is not the same for all three years? Test the relevant hypotheses using a .05 significance level. (Use 2 decimal places.) Intent to Pay Taxes with a Credit Card 2004 2005 2006 Definitely/Probably Will Might/Might Not/Probably Not Definitely Not 46 172 791 47 173 761 49 182 800 χ2 = P-value interval p < 0.001 0.001 ≤ p < 0.01 0.01 ≤ p < 0.05 0.05 ≤ p < 0.10 p ≥ 0.10

1. What do you think is the ideal world human population size? Is this different than humans’ carrying capacity? Explain.

2. What policies or methods might encourage smaller families in developing countries? Focus on positive changes that encourage CHOOSING smaller families instead of focusing on government-mandated requirements.

3. In many developing countries, larger families are desired, while developed countries tend to prefer smaller families. What factors influence these decisions?

4. A declining population rate has its own problems. Discuss what issues may arise for the country as it transitions to a falling fertility rate.

5. Who do you think has a bigger role in curbing the effects of human population growth: the countries with high fertility rates or the countries with high consumption rates? Explain.

8) Environmental Sustainability: Currently, about 97% of scientists agree that we are experiencing man-made global warming. Yet policy makers continue to ignore climatological science. For example in May 2018, Representative Mo Brooks (R-AL) suggested during a Congressional hearing that rocks falling into the ocean might account for the rise in ocean levels (USA Today, 05-17-18; an analysis by The Washington Post found that it would take the top five inches of all land surface flowing into the ocean every year to account for current rate of rising sea levels). Identify which of the following you think needs to take the lead to reduce global warming – private citizens, business and industry, advocacy groups (including scientists), or governments? Then, briefly justify your answer based on the concept of embedded sustainability. >

Select whether a chi-square test for association is the most appropriate for the following scenarios: Most appropriate or Not appropriate

a) Emma wishes to know whether gender has any relation with whether one prefers wine, beer, or liqueur. She surveys a group of men and women and records the number of participants who prefer wine, the number who prefer beer and the number who prefer liqueur. (yes or no)

b) Danielle surveys a group of people on how often they eat dinner at restaurants and diners. The age and annual income of each participant are recorded. Danielle is interested in knowing whether these two factors are important in determining how often one goes out for dinner. (yes or no)

c) A study intends to determine whether the average annual interest rate has any relation with the number of households who go overseas on a holiday at least once a year. Heidi collects data on the average annual interest rate and the number of households that travelled overseas at least once in that year over 6 years. (yes or no)

d) It has been proposed that one's education level has a strong relation with one's income level. Barbara collects data from a large group of 38 year-old adults about their education level (primary and lower, secondary, tertiary and higher) and their income level (to the nearest $100). Barbara plans to test this data to see whether the mean income in each education level is the same across all three levels. (yes or no)

Which of the following substances would you predict to be a) most ionic, b) most covalent, and c) most metallic?

Answer choice #1: a) NaF b) CCl4 (c) Rb

Answer choice #2: a) AlCl3 b) SiCl4 (c) Mg

Answer choice #3: a) MgO b) PF5 (c) K