Suppose the Fed reduces the money supply by 5 percent. Assume
the velocity of money is constant. A. What happens to the aggregate
demand curve?
B. What happens to the level of output and the price level in the
short run and in the long run?
C. In light of your answer to part (b), what happens to
unemployment in the short run and in the long runaccording to
Okun’s law?
D. What happens to the real interest rate in the short run and in the long run? (Hint: Use the model of the real interest rate in Chapter 3 to see what happens when output changes.)
In: Economics
Topic: Diabetes mellitus type ii
In: Nursing
In a test of the effectiveness of garlic for lowering cholesterol, 4747 subjects were treated with garlic in a processed tablet form. Cholesterol levels were measured before and after the treatment. The changes (before−after) in their levels of LDL cholesterol (in mg/dL) have a mean of 5.25.2 and a standard deviation of 16.6. Construct a 99%confidence interval estimate of the mean net change in LDL cholesterol after the garlic treatment. What does the confidence interval suggest about the effectiveness of garlic in reducing LDL cholesterol?
What is the confidence interval estimate of the population mean μ?
In: Statistics and Probability
When someone is trying to lose weight, the approach that generally has the best outcome in the long-term is slow, moderate weight loss with an emphasis on forming new habits for life and making small changes that are manageable and tolerable, such as eating a salad before each meal and adding 10 minutes of exercise each day as a starting point. Extreme diets which restrict or cut out whole food groups (low carb diets, low fat diets) can produce fast results but people on these diets tend to gain the weight back over time.
In: Anatomy and Physiology
Classify each of the following items of factory overhead as either a fixed or a variable cost. (Include any costs that you consider to be semi-variable within the variable category. Remember that variable costs change in total as the volume of production changes.)
Janitor’s wages
Rent
Labor for machine repairs
Vacation pay
Employer’s payroll taxes
Insurance on building
Indirect Labor
Overtime premium pay
Indirect materials
Machine lubricants
Plant manager’s salary
Factory electricity
Depreciation on building (straight line method)
Depreciation on machinery (units-of-production method)
Small tools
In: Accounting
Calculate the future sum of $8,000, given that it will be held in the bank for 9 years at an APR of 4 percent.
Recalculate part a using compounding periods that are (1) semiannual and (2) bimonthly (every two months).
Recalculate parts a and b for an APR of 8 percent.
Recalculate part a using a time horizon of 18 years (the APR is still 4 percent).
With respect to the effect of changes in the stated interest rate and holding periods on future sums in parts c and d, what conclusions do you draw when you compare these figures with the answers found in parts a and b?
In: Finance
Do you believe it is inevitable that employees will respond to change within the workplace with feelings of fear? If you respond yes, then suggest actions managers can take to mitigate these fearful responses. If your answer is no, then describe the actions taken by companies that prevent these fearful responses. Share any life experiences you may have seen regarding how well or how poorly companies implemented major changes in the workplace. Why were they effective or ineffective? What can be done to improve the workplace in terms of managing fear that employees may feel at times?
In: Operations Management
• Research and obtain information on China's current
account balance for the latest year. How much is the country’s
current account balance?
• What was the total value of exports from the country and imports
into the country? Did the country have a trade surplus or trade
deficit? Explain your answer.
• Which country were most exports made to and which country did
most imports come from?
• What is the country’s current exchange rate against the US
dollar? How has it changed over the past 12 months? Explain
possible reasons for any changes.
In: Economics
In a study to assess the effectiveness of garlic for lowering cholesterol, 50 adults were treated with garlic tablets. Cholesterol levels were measured before and after treatment. The changes in their LDL cholesterol (in mg/dL) have a mean of 8 and a standard deviation of 4. (a) Construct a 95% interval estimate of the mean change in LDL cholesterol after the garlic tablet treatment. (Round the lower bound and upper bound of the confidence interval to two decimal places) Include description of how confidence interval was constructed. (b) Describe the results of the study in everyday language.
In: Statistics and Probability
We are evaluating a project that costs $835633, has an eight-year life, and has no salvage value. Assume that depreciation is straight-line to zero over the life of the project. Sales are projected at 61004 units per year. Price per unit is $42, variable cost per unit is $19, and fixed costs are $419366 per year. The tax rate is 35%, and we require a return of 20% on this project. In dollar terms, what is the sensitivity of NPV to changes in the units sold projection? (Round answer to 2 decimal places. Do not round intermediate calculations)
In: Finance