Explain how will each of these affect the economy in the short run and the long run (in terms of output, unemployment and inflation) 3. For each of the following what kind of monetary policy do you suggest?
a. Government decides to take policy to reduce deficit.
b. Construction workers goes on a strike for 2 months.
c. US dollar depreciates with respect to euro
d. People become more optimistic about the economy
e. Productivity of U. S workers increase due to technological advancement
In: Economics
In: Finance
1-4): True or False?
1) The sample statistic is at the center of a confidence interval for that statistic.
2) In a hypothesis test, increasing the significance level increases the chance of making a type 1 error.
3) Failure to reject the null hypothesis test in a hypothesis test implies strong support for the null hypothesis.
4) When no prior belief about a population characteristic is held, construction of a confidence interval, rather than the use of hypothesis testing, is used to estimate the population characteristic.
In: Statistics and Probability
You run a construction firm. You have just won a contract to build a government office complex. Building it will require an investment of $ 10.3 million today and $ 5.2 million in one year. The government will pay you $ 21.9 million in one year upon the building's completion. Suppose the interest rate is 10.8 %
.a. What is the NPV of this opportunity?
b. How can your firm turn this NPV into cash today?
a. What is the NPV of this opportunity?
The NPV of the proposal is $______ million. (Round to two decimal places.)
In: Finance
Generally accepted principles of accounting for typical categories of capital assets based on applicable GASB standards for government unit as:
I. Land
II. Building and building improvements
III. Infrastructure assets
IV. Construction work in progress
V. Intangible assets
Required:
a) Write a report on the classification of general capital assets of a government. Explain the broad categories given above with proper examples of each that are relevant to the government unit.
b) Show a sample statement of capital Asset disclosure of a government unit.
In: Accounting
In: Civil Engineering
On February 1, 2020, a company agreed to construct a building at a contract price of $35,000. The company estimated the project would be finished in 2022. Information relating to the costs and billings for this contract is as follows:
2020 2021 2022
Total costs incurred to date $8,000 $10,000 $22,000
Estimated costs to complete 12,000 6,000 -0-
Customer billings to date 8,000 24,000 29,000
Collections to date 4,000 14,000 25,000
The journal entry to record Billings on Construction in Process in 2021 has the amount of _________.
In: Accounting
Create an ApartmentException class whose constructor receives a string that holds a street address, an apartment number, a number of bedrooms, and a rent value for an apartment. Upon construction, throw an ApartmentException if any of the following occur: • The apartment number does not consist of 3 digits • The number of bedrooms is less than 1 or more than 4 • The rent is less than $500.00 or over $2500 Write a driver class that demonstrates creating valid Apartment Objects and Invalid Apartment Objects that throw the ApartmentException.
In: Computer Science
Compose a letter to your English-speaking pen pal about your pastimes. Make sure to include the following:
Write a paragraph about what you typically do on Saturday or Sunday afternoons.
Use at least two different stem-changing verbs from Chapter 4.
Write at least four sentences using the construction ir a + [infinitive] to describe what you and your friends or family plan on doing next weekend.
Include at least two of the pastimes/activities.
In: Operations Management
You run a construction firm. You have just won a contract to build a government office building. It will take one year to construct it requiring an investment of $ 10.23 million today and $ 5.00 million in one year. The government will pay you $ 22.50 million upon the building's completion. Suppose the cash flows and their times of payment are certain, and the risk-free interest rate is 8 %. a. What is the NPV of this opportunity? b. How can your firm turn this NPV into cash today?
In: Finance