Questions
1. Suppose that the model of the economy is given by Y = C + I...

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 = meG + mTT

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...

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...

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.

CHUN EQUIPMENT CO.
Income Statement
For the Year Ended December 31, 2018
Sales revenue
Cost of goods sold
Gross margin
Operating expenses
Operating expenses
Rent expense
Salaries expense
Total operating expenses 0
Operating income
Non-operating Items
Interest expense
Interest revenue
Total non-operating items 0
Net income

Prepare the balance sheet for Chun Equipment Co. for 2018. (Be sure to list the assets in the order of their liquidity.)

CHUN EQUIPMENT CO.
Balance Sheet
As of December 31, 2018
Assets
Current assets
Cash
Less: Allowance for doubtful accounts 0
Interest receivable
Inventory
Prepaid rent
Supplies
Notes receivable
Total current assets $0
Property, plant and equipment
Office equipment
Less: Accumulated depreciation 0
Land
Total property, plant and equipment 0
Total assets $0
Liabilities and stockholders’ equity
Current liabilities
Accounts payable
Interest payable
Salaries payable
Unearned revenue
Total current liabilities $0
Long-term liabilities
Notes payable
Total long-term liabilities 0
Total liabilities 0
Stockholders’ equity
Common stock
Retained earnings
Total stockholders’ equity 0
Total liabilities and stockholders’ equity $0

In: Accounting

Blue Eagle Aviation stock has an expected annual return of 9.59 percent. The stock is currently...

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...

PLEASE, I NEED CORRECT ANSWERS TO ALL THE QUESTION. THEY ARE MULTIPLE CHOICE QUESTIONS. THANK YOU

Problem 10.1(b)

Purpose:

Problem:

Far from the source, the magnitudes of the electric and magnetic acceleration fields are related by which expression?:


A. E = c2B
B. E = cB
C. E = B
D. B = cE
E. B = c2E

Problem 10.1(c)

Purpose:

Problem:

Far from the source, the direction of the threads of an accelerating source is which of the following?

A. along the head line
B. along the tail line
C. along the ray line
D. perpendicular to the head line
E. none of the above

Problem 10.2

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?

A. north
B. south
C. east
D. west
E. up
F. down

Problem 10.3

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?

A. the tail line is between the x-axis and the head line.
B. the tail line is between the y-axis and the head line.
C. the tail line has a small component in the +z direction.
D. the tail line has a small component in the –z direction

Problem 10.4(a)

Purpose:

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?

A. +x
B. –x
C. +y
D. –y
E. +z
F. –z

Problem 10.4(b)

Purpose:

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?

A. +x

B. –x

C. +y
D. –y
E. +z
F. –z

Problem 10.5(a)

Purpose:

Problem:

Electric charge is the source of which of the following?

A. electric field with divergence
B. electric field with curl
C. magnetic field with divergence
D. magnetic field with curl

Problem 10.5(b)

Purpose:

Problem:

Changing magnetic fields are the source of which of the following?

A. electric field with divergence
B. electric field with curl
C. magnetic field with divergence
D. magnetic field with curl

Problem 10.5(c)

Purpose:

Problem:

Faraday's Law describes which of the following?

A. divergence of electric field
B. curl of electric field
C. divergence of magnetic field
D. curl of magnetic field

Problem 10.5(d)

Purpose:

Problem:

Ampere's Law describes which of the following?

A. divergence of electric field
B. curl of electric field
C. divergence of magnetic field
D. curl of magnetic field

Problem 10.5(e)

Purpose:

Problem:

Displacement current is which of the following?

A. the current that is displaced from normal current when a circuit is shifted.
B. the current in a displacement inductor.
C. a constant times the derivative of the electric flux with respect to time.
D. a constant times the derivative of the magnetic flux with respect to time.

In: Physics

A basketball star covers 3.05 m horizontally in a jump to dunk the ball. His motion...

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...

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...

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...

Edit question

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...



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

Suppose we have an infinitely long wire carrying a current of 3.5 A. It is bent...

Suppose we have an infinitely long wire carrying a current of 3.5 A. It is bent into an L-shape extending into positive infinities along the x- and y- axes. Find the magnitude of the magnetic field at a point P with coordinates (0.4 m, 0.4 m).
B = T

In: Physics

There is a market operating for two periods. In the first period, there is only an...

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...

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...

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:

  1. Two Class variables of type double named height and width to represent the height and width of the rectangle. Set their default values to 0 in the default constructor.
  2. A non-argument constructor method to create a default rectangle.
  3. Another constructor method to create a rectangle with user-specified height and width.
  4. Method getArea() that returns the area.
  5. Method getPerimeter() that returns the perimeter.
  6. Method getHeight() that returns the height.
  7. Method getWidth() that returns the width.

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...

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

I need an app ideas for social distancing due to covid-19

In: Computer Science