1. Suppose that the model of the economy is given by
Y = C + I + G + X
C = a + b Yd
Yd = (1 – t)Y
X = g – mY
a. Derive the equilibrium GDP (Y) and the expenditure multiplier (Me ) expressed in general notations.
b. Suppose I = $900 billion, G = $1,200 billion, a = 220, b = 0.9, t = 0.3, g = 500, and m = 0.1. Solve for the equilibrium GDP (Y) and the expenditure multiplier (Me ) using your answers to part a.
c. Is the expenditure multiplier (Me ) with variable import spending (refer the numerical solution of Me from part b) larger or smaller than the expenditure multiplier (Me ) with fixed import spending? In addition to an algebra comparison, provide an intuition with your answer. Hint: The expenditure multiplier (Me ) with fixed import spending (i.e. constant X)) is 1 1−?(1−?) , in the problem, b = 0.9, t = 0.3.
d. Solve for private saving (Sp), government saving (Sg), and the rest of the world saving (Sr) when investment spending (I) is $900 billion.
2. Consider following simple closed economy (X = 0) and all taxes are fixed (a constant T):
Y = C + I + G
C = a + b Yd
Yd = Y – T
a. Derive the equilibrium GDP (Y), the expenditure multiplier (Me ), and the fixed tax multiplier (MT ) expressed in general notation.
b. Suppose government changes government spending G and fixed taxes T by the same amount (G = T). Derive the balanced budget multiplier, Y/G with G = T, using solutions of Me and MT from part a. [Hint] Y = meG + mTT
c. Illustrate the effect on income Y of a balanced budget increase in government spending and taxes (i.e., G=T>0) on the income expenditure (45 degree) diagram. Fully label your diagram.
In: Economics
A) Based on what the Federal Information Processing Standard 199 (FIPS-199) requires information owners to classify information and information systems? Provide a detailed answer.
B) Are there any differences between classifying governmental information and commercial information? And are there any common levels of classification have been used to classify governmental information and commercial information? Explain your answers and supported them with examples (NOT from the book or slides).
C) Can a company make a change on classified information? Assuming now a company feels that such information need higher protection or the company decide to make some information that was classified as secret to be accessed by public. Here, is there any mechanism or process that allows a change in classified information. Explain your answers and supported them with examples (NOT from the book or slides).
In: Computer Science
The following are the information for Chun Equipment Co. for 2018. (Hint: Some of the items will not appear on either statement, and ending retained earnings must be calculated.)
| Salaries expense | $ | 122,420 | Interest receivable (short term) | $ | 640 | ||
| Common stock | 52,000 | Beginning retained earnings | 51,193 | ||||
| Notes receivable (short term) | 16,150 | Operating expenses | 94,060 | ||||
| Allowance for doubtful accounts | 6,980 | Cash flow from investing activities | (103,210 | ) | |||
| Accumulated depreciation | 34,800 | Prepaid rent | 13,900 | ||||
| Notes payable (long term) | 123,360 | Land | 47,400 | ||||
| Salvage value of equipment | 6,670 | Cash | 24,050 | ||||
| Interest payable (short term) | 2,530 | Inventory | 161,560 | ||||
| Uncollectible accounts expense | 13,920 | Accounts payable | 57,290 | ||||
| Supplies | 3,130 | Interest expense | 32,450 | ||||
| Office equipment | 78,930 | Salaries payable | 11,190 | ||||
| Interest revenue | 5,600 | Unearned revenue | 59,760 | ||||
| Sales revenue | 519,590 | Cost of goods sold | 186,013 | ||||
| Dividends | 12,000 | Accounts receivable | 112,530 | ||||
| Rent expense | 5,140 | ||||||
Required
Prepare a multistep income statement and balance sheet for Chun Equipment Co. for 2018.
Prepare a multistep income statement for Chun Equipment Co. for 2018.
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Prepare the balance sheet for Chun Equipment Co. for 2018. (Be sure to list the assets in the order of their liquidity.)
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In: Accounting
Blue Eagle Aviation stock has an expected annual return of 9.59 percent. The stock is currently priced at 68.72 dollars per share and has an expected dividend yield of 4.16 percent. What is the price of the stock expected to be in 1 year?
In: Finance
PLEASE, I NEED CORRECT ANSWERS TO ALL THE QUESTION. THEY ARE MULTIPLE CHOICE QUESTIONS. THANK YOU
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Problem 10.1(b) |
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Problem: Far from the source, the magnitudes of the electric and magnetic acceleration fields are related by which expression?: |
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Problem 10.1(c) |
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| Purpose: | |
Problem: Far from the source, the direction of the threads of an accelerating source is which of the following? |
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A. along the head line |
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Problem 10.2 |
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| Purpose: | |
Problem: In a laser beam, the electric field points upward and the magnetic field points to the east at a fixed time. In what direction is the beam traveling? |
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A. north |
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Problem 10.3 |
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| Purpose: | |
Problem: A point charge is traveling along the x-axis in the positive direction. Its speed is slowing down. If a thread is emitted in this process, which of the following is true? |
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A. the tail line is between the x-axis and the head
line. |
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Problem 10.4(a) |
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Problem: A wire carries current along the +x axis. The current is decreasing in time. At a point P along the +y axis the acceleration electric field points in which direction? |
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A. +x |
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Problem 10.4(b) |
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Problem: A wire carries current along the +x axis. The current is decreasing in time. At a point P along the +y axis the acceleration magnetic field points in which direction? |
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A. +x B. –x C. +y |
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Problem 10.5(a) |
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Problem: Electric charge is the source of which of the following? |
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A. electric field with divergence |
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Problem 10.5(b) |
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| Purpose: | |
Problem: Changing magnetic fields are the source of which of the following? |
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A. electric field with divergence |
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Problem 10.5(c) |
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| Purpose: | |
Problem: Faraday's Law describes which of the following? |
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A. divergence of electric field |
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Problem 10.5(d) |
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| Purpose: | |
Problem: Ampere's Law describes which of the following? |
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A. divergence of electric field |
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Problem 10.5(e) |
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| Purpose: | |
Problem: Displacement current is which of the following? |
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A. the current that is displaced from normal current when a
circuit is shifted. |
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In: Physics
A basketball star covers 3.05 m horizontally in a jump to dunk the ball. His motion through space can be modeled precisely as that of a particle at his center of mass. His center of mass is at elevation 1.02 m when he leaves the floor. It reaches a maximum height of 1.95 m above the floor and is at elevation 0.880 m when he touches down again. (a) Determine his time of flight (his "hang time"). (b) Determine his horizontal velocity at the instant of takeoff. m/s (c) Determine his vertical velocity at the instant of takeoff. m/s (d) Determine his takeoff angle.
In: Physics
Summarize the basic principles of operant conditioning that is, how do reinforcement, punishment, and extinction influence the rate of responding?
In: Psychology
home / study / math / statistics and probability / statistics and probability questions and answers / a physician wants to know if the number of male esophageal cancer patients diagnosed with multiple ...
Question: A physician wants to know if the number of male esophageal cancer patients diagnosed with multipl...
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A physician wants to know if the number of male esophageal cancer patients diagnosed with multiple primary tumors differs from the proportion of female esophageal cancer patients with the same diagnosis. She selects random samples of 60 male and 40 female esophageal cancer patients and records the number in each sample diagnosed with multiple primary tumors. 40 men and 10 women with multiple primary tumors are identified.
What is the null hypothesis for this study?
If the tabulated critical value of the chi-square statistic for the 5% level of significance is 3.84, what is the most appropriate conclusion that can be drawn from this study?
The proportion of male esophageal cancer patients diagnosed with multiple primary tumors differs from the proportion of female esophageal cancer patients diagnosed with such tumors (p<0.05).
The proportion of male esophageal cancer patients diagnosed with multiple primary tumors does not differ from the proportion of female esophageal cancer patients diagnosed with such tumors (p>0.05).
It is 95% certain that the proportion of male esophageal cancer patients diagnosed with multiple primary tumors equals the proportion of female esophageal cancer patients diagnosed with such tumors.
The investigator can be 95% certain that more men than women have esophageal cancer.
Which of the following statements is an accurate interpretation of the p-value associated with the study conclusion?
The observed difference in sample frequencies is likely to be due to random chance.
The probability of obtaining the given sample results by random chance is less than 5%.
The sample sizes are too small to detect a significant difference in frequency.
The investigator can be certain that the proportion of men diagnosed with multiple primary tumors differs from the proportion of women with the same diagnosis.
The proportion of male esophageal cancer patients with multiple primary tumors is greater than that of female esophageal cancer patients with such tumors.
An association exists between gender and the presence of multiple primary tumors.
The proportion of men with esophageal cancer differs from that of women esophageal cancer.
The proportion of male esophageal cancer patients diagnosed with multiple primary tumors does not differ from that of female esophageal cancer patients diagnosed with multiple primary tumors.
The calculated value of the test statistic is:
0.65
16.67
14.04
0.72
In: Math
In 2019, Bonita Enterprises issued, at par, 60 $1,000, 8% bonds,
each convertible into 100 shares of common stock. Bonita had
revenues of $20,500 and expenses other than interest and taxes of
$6,700 for 2020. (Assume that the tax rate is 20%.) Throughout
2020, 2,200 shares of common stock were outstanding; none of the
bonds was converted or redeemed.
(a) Compute diluted earnings per share for 2020.
(Round answer to 2 decimal places, e.g.
$2.55.)
| Earnings per share |
$ |
(b) Assume the same facts as those assumed for
part (a), except that the 60 bonds were issued on September 1, 2020
(rather than in 2019), and none have been converted or redeemed.
Compute diluted earnings per share for 2020. (Round
answer to 2 decimal places, e.g. $2.55.)
| Earnings per share |
$ |
(c) Assume the same facts as assumed for part (a),
except that 20 of the 60 bonds were actually converted on July 1,
2020. Compute diluted earnings per share for 2020.
(Round answer to 2 decimal places, e.g.
$2.55.)
| Earnings per share |
$ |
In: Accounting
In: Physics
There is a market operating for two periods. In the first period, there is only an incumbent firm, and an entrant may enter in the second period. The demand function each period is p = 20 − Q, where Q is the total quantity in the market. The per period cost function of each firm is c(q) = 9 + 4q. There is no discounting. Firms choose quantities.
(a) Find the monopoly outcome with these demand and cost
functions.
(b) Because of some technological constraint, the incumbent cannot
choose different quantitie in the two periods: qI = qI = qI . The
entrant observes the incumbent’s quantity qI and decides if to
enter and, if yes, how much to produce. Find the optimal choice of
the entrant for any q.
(c) Suppose that the entrant will enter. Find the optimal quantity
of the incumbent.
(d) Suppose now that the entrant will enter only if it makes
positive profits. Find the subgame-perfect Nash equilibrium.
In: Economics
question 23
Given a data with y as a response variable and x1,x2, and x3 as explanatory variable, a regression equation relates y to x1 and another relates y to x1,x2, and x3. Calculate the first degree of freedom df1 for testing
H0:β2=β3=0,HA:β2≠0orβ3≠0.
A. 1
B. 2
C. 3
D. 4
question 25
The following table shows the output of a regression model to explain SAT math scores.
| Coefficient | Standard Error | T Stat | p-value | |
| Intercept | 650.11 | 117.42 | 5.54 | 0.000 |
| x | -20.96 | 35.53 | -0.59 | 0.563 |
| Gender | -47.85 | 22.55 | -2.12 | 0.091 |
Can we conclude that there is a statistically significant gender difference in math scores at the 5% level ?
A. Yes
B. No
question 26
The following regression output is obtained from estimating
y=β0+β1x+β2d+β3xd+ϵ
where d is a dummy variable.
| Coefficient | Standard Error | t Stat | P-value | Lower 95% | Upper 95% | |
| Intercept | ? | ? | ? | ? | ? | ? |
| x | ? | ? | ? | ? | 1.91 | 15.51 |
| d | ? | ? | ? | 0.04 | ? | ? |
| xd | ? | ? | ? | ? | 1.74 | 2.89 |
Is there a significant interaction effect between x and d at 5% significance level?
A. Yes
B. No
question 27
Consider the following estimated regression equation
Salary=55.8+3.6∗(Age)−0.7∗(Gender)
where Gender is a dummy variable that takes 0 for a male and 1 for a female.
Compute the predicted salary for a 43 year old woman.
In: Math
In need of assistance in C++ code:
Design and implement class Rectangle to represent a rectangle object. The class defines the following attributes (variables) and methods:
Now design and implement a test program to create two rectangle objects: one with default height and width, and the second is 5 units high and 6 units wide. Next, test the class methods on each object to print the information as shown below.
Sample run:
First object:
Height: 1 unit
Width: 1 unit
Area: 1 unit
Perimeter: 4 units
Second object:
Height: 5 unit
Width: 6 unit
Area: 30 units
Perimeter: 22 units
Thanks in advance!
In: Computer Science
Create a module to calculate the amount of royalties that Parker Schnabel must pay Tony Beets at the end of the gold mining season based on the following contractual agreement. When the amount of gold mined is 3000 ounces or less the rate is 15% of the gold value. This lower royalty rate is stored in a variable named lowerRate. When the amount of gold mined is greater than 3000 ounces the royalty rate is 20%. This higher rate is stored in a variable named goldRushRate and is applied only to the amount over 3000 ounces. The price of gold is currently $1200.00. This amount is stored in a variable defined as priceGold. The number of ounces mined is stored in a variable integer ouncesMined. You should ask Parker to input the number of ounces that he mined this season and print out “Based on x ounces mined, you paid y in royalties.” You will need to multiply the ounces of gold mined by the price by the royalty rate to produce the proper royalties.
In: Computer Science
I need an app ideas for social distancing due to covid-19
In: Computer Science