1. If inflation is a major issue in the economy, what would be the correct fiscal policy response from an economic perspective? Why would members of Congress be unlikely to support such actions?
2. Why is the tax multiplier smaller than the government spending multiplier?
3. Explain how a larger government budget deficit increase the magnitude of the crowding-out effect?
4. When an economy is already at full employment, what is the outcome of expansionary fiscal policies to employment, inflation, real output, and deficits (assuming no changes in tax rates)?
5. Explain the effects of the following actions on equilibrium income, assuming that the marginal propensity to consume is 0.8
|
a. Government purchases rise by $40 billion. |
|
b. Taxes fall by $40 billion. |
In: Economics
A bubble is sphere with 10 mm radius and a density of 1.0 kg/m^3.
This goes up in a glass of water which has Pwater=0.95 g/cm^3.
It starts at the bottom of a glass which is 10 cm tall.
Cd=0.8
Hypothesize how long it would take the bubble to rise to the top of the glass.
Draw a complete force diagram of the bubble, including weight, buoyancy and drag forces. Make sure your coordinate axis points in the direction of positive acceleration.
Write down the equation of motion in the vertical direction, and solve for the terminal speed of the bubble when these forces are in balance.
Assuming the bubble mostly travels at this terminal speed, how much time does it take to get to the top of the glass?
In: Physics
|
County |
Fat Intake (g/day) |
Age-adjusted death rate (per 100,000 population) |
|
Fresno |
140 |
2.1 |
|
Kings |
120 |
1.9 |
|
Tulare |
119 |
0.8 |
|
Madera |
130 |
0.9 |
|
Stanislaus |
100 |
1.0 |
|
Merced |
121 |
1.2 |
|
Kern |
98 |
1.3 |
|
San Joaquin |
95 |
1.1 |
In: Statistics and Probability
The following summary data relate to the operations of Beckett Company for July, during which 12,000 finished units were produced: Direct material: Standard (0.8 lb. @ $6.00/lb.) Actual (8,500 lb. @ $6.25/lb.) Direct labor: Standard (1 hr. @ $16.00/hr.) Actual (12,700 hrs. @ $15.60/hr.) Variable overhead: Standard (1 hr. @ $10.00/hr.) Actual ($121,000) Required: Compute the following variances and indicate whether each is favorable (F) or unfavorable (U). 1. Materials price variance 2. Materials efficiency variance 3. Labor rate variance 4. Labor efficiency variance 5. Variable overhead spending variance 6. Variable overhead efficiency variance
In: Accounting
Researchers at the University of South Alabama compared the attitudes of male college students towards their fathers with their attitudes toward their mother. Each of a sample of 13 males was asked to give a numerical grade to describe his relationship with his father and a numerical grade to describe his relationship with his mother, with 1 being the lowest and 5 being the highest. The result is reported as follows:
| Father | Mother | Difference | |
| Mean | 3.85 | 4.15 | -0.31 |
| Sx | 1.07 | 0.8 | 1.03 |
Assuming that the data is Normal, construct a 99%
confidence
interval for the difference between male college students' attitude
between their father and mother. Round your answer to 3 decimal
places.
Group of answer choices
(-1.183,-0.563)
(-0.529,0.071)
(-1.336,0.736)
(-1.183,0.563)
(-1.343,0.743)
In: Statistics and Probability
In: Finance
A company XYZ needs 1 million € worth of funds. It issues bonds
worth 100,000 €. Each bond has a par value of 1000 € and a coupon
rate of 5% each year for 10 years. The current market price of the
bond is 850 €. Remaining amount company raises by selling shares.
The required rate of return on its shares is 8% and the marginal tax
rate is equal to 20%. Calculate the WACC?
part b):
BB industries’ share has a beta of 0.8. The risk-free rate is 4% and the
expected return on the market is 12%. BB industries is funding 60% of
its investments from shares and the rest from bonds. The marginal tax
rate is equal to 15%. The yield to maturity on its bonds is 7%.
Calculate the WACC.
In: Finance
A population of male university students has a distribution of weights and heights that follow a bivariate normal distribution. The distribution of weights it has an average of 72 kg and a standard deviation of 8 kg. The height distribution has an average of 170 cm and deviation standard 10 cm. The correlation coefficient between weights and heights is 0.8. Using these information calculate: a) The probability of a boy's weight being between 70 and 80 kg. b) The probability that a boy's weight is between 70 and 80 kg since his height is 180 cm. c) The probability of a boy's height being between 175 and 185 cm. d) The probability of a boy's height being between 175 and 185 cm given that his weight is 80 kg.
In: Statistics and Probability
From the following information from the payroll register of
Veronica's Auto Supply Store, calculate the amount of taxable
earnings for unemployment and FICA tax, and prepare the journal
entry to record the employer's payroll taxes as of April 30, 20--.
Social Security tax is 6.2% on the first $94,200 of earnings for
each employee. Medicare tax is 1.45% of gross earnings. FUTA tax is
0.8%, and SUTA tax is 5.4% each on the first $7,000 of
earnings.
|
Cumulative Pay |
Current |
Taxable Earnings |
||
Employee Name |
Before Current |
Gross |
Unemployment |
Social |
| Carnavale, Liz | $ 6,400 |
$1,800 |
||
| O'Malley, Sean | 6,850 |
1,800 |
||
| Sarlo, Jarred | 109,300 |
3,700 |
||
| Mandel, Melissa | 74,200 |
3,200 |
||
| Davenport, Vin | 27,500 |
1,800 |
||
In: Accounting
The following month of April (30 days) financial information was reported by three furniture building companies. Calculate the cash-to-cash cycle time for each of the following furniture building companies: Craig Custom Couch Builders, Tom's Tables, and Jefferson Emerald Design. Which company managed its cash flow best in April?
|
Net Revenue |
Cost of Revenue (%) |
Raw Goods Inventory |
WIP Inventory |
Finished Goods Inventory |
Account Receivable |
Accounts Payable |
|
|
Craig Custom Couch Builders |
11000 |
0.8 |
540 |
268 |
280 |
2680 |
4100 |
|
Tom's Tables |
18000 |
0.75 |
680 |
140 |
600 |
3210 |
3200 |
|
Jefferson Emerald Design |
8000 |
0.85 |
240 |
200 |
180 |
2200 |
2400 |
In: Finance