If the limit as x approaches 1 from the left f(x)=3, the limit as x approaches 1 from the right f(x)=-1, and f(1)=1, what would the basic shape of the graph look like?
If the nominal GDP is $559 billion in the base year, and it rises to 577 in year 1, and 605 in year 2, what is the real GDP in each year, given that the price index has risen from 100 in the base year to 104.5 in Year 1 and up to 108.3 in Year 2? If the price index 20 years before the base year was 41.2, and the nominal GDP for 20 years before the base year was 191.0, what was the real GDP for that year? Show your work in all cases.
Download and configure GPG encryption software. Do the following in steps:i. Copy this sample file (testfile.txt) to a local hard disk or flash driveii. Copy this public key (key.gpg) to a local disk or flash drive.iii. Using GPG key management window, import the public key supplied.iv. Using the application “Gpg4win” Encrypt the attached sample file “testfile.txt”using the secret certificate key “key.gpg” and save the encrypted file as“testfile.txt.gpg”.• Download GPG for windows form the following link:http://ftp.gpg4win.org/Beta/gpg4win‐2.1.0‐rc2.exe• Download the attached “testfile.txt” and the certificate key “key.gpg”
If the nominal exchange rate between the American dollar and the Canadian dollar is 0.89 Canadian dollars per American dollar, how many American dollars are required to buy a product that costs 2.5 Canadian dollars?A. $2.75B. $2.23C. $1.32D. $2.81
Greater than 0%
2. A ________ budget is prepared at the beginning of a planning period.
3. If money is used for one investment, it is no longer available for other uses, so a/an _____________ cost arises.
4. What is the present value of a perpetuity (an annuity that lasts forever)? Assume payment is equal to $100 and I is equal to 10%.
5. Which of the following statements is true?
a. If the NPV is less than $0, the discount rate was equal to the internal rate of return
b. If the NPV is equal to 0, the discount rate was less than the internal rate of return
c. If the NPV is equal to 0, the discount rate was greater than the Internal rate of Return.
d. None of the above
6. When an investor holds a portfolio of investments, the portfolio is in effect a stand alone investment, so the riskiness of the portfolio is measured by _______________________________________.
7. What is the Effective Annual Rate?
8. Which of the following is true about an amortization schedule?
a. Annual interest payments increase over time
b. Annual principal payments increase over time
c. Annual interest and principal payments stay constant over time
d. None of the above
9. The risk of a portfolio _________ as more investments are randomly added
10. What is an annuity?
11. My budget for next year is based on last year’s budget, plus ten percent. This is based on the zero-based budgeting method. True or False
12. What does the beta coefficient measure?
13. In your own words, explain budgeting.
14. How can an understanding of the gambler’s fallacy help decision makers?
15. What is an annuity that lasts forever (has no maturity date).
16. What is the effective annual rate, with a nominal annual rate of 10%, compounded monthly?
17. What is the present value of an ordinary annuity of $500, paid annually, for 10 years, discounted at 12%?
18. Explain the difference between diversified risk versus portfolio risk.
19. Explain corporate risk.
20. Explain market risk.
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If the multiplier is 4, a decrease in spending equal to 80 billion dollars will be accompanied by a decrese in GDP of:a. 84 billionb. 48 billionc. 480 billiond. 240 billione. 320 billion
If the multiplier is 4, a decrease in spending equal to 80 billion dollars will beaccompanied by a decrese in GDP of:a. 84 billionb. 48 billionc. 480 billiond. 240 billione. 320 billion…
1.If the multiplier for government spending is 1.60 and government spending is increased by $160
billion, calculate the amount by which the demand curve will ultimately shift.
Shift of the demand curve =
$nothing
billion. (Enter your response as an integer and include a minus sign if necessary.)
2. Debit Cards as a Fiscal Stimulus. Here is one unusual fiscal policy: The government would issue time-dated debit cards to each person that had to be spent on goods and services produced only by U.S. firms within a fixed period (say, three months) or become worthless. Suppose the government was considering whether to issue $400 in time-dated debit cards to each household or give each household $400 in cash instead.
Suppose a family had large credit card debt, which it wished to reduce. Of the two plans, the family would prefer
A.
the cash payments program, since cash could be used to pay off some of the credit card debt.
B.
the debit card program, since they did not need to use cash to buy goods and services.
C.
neither, since the credit card was fixed and was dependent on the interest rate.
D.
both of them equally, since they involved payments of equal size.
3. Looking Backwards. Some critics of stabilization policy say that policymakers are always looking
backwards long dash through a rear view mirror at past data long dash and
thus cannot conduct stabilization policy.
Which of the following is a defense for policymakers?
A.
Recently, the recognition of lags in data collection has eliminated the use of stabilization policies.
B.
Economic forecasts using past data are better than forecasts using current data.
C.
Sometimes economic conditions require that stabilization policies be enacted by relying on the best available data.
D.
Recently, analysts have found that future trends usually follow past data.
4. The largest component of federal spending is
▼
discretionary spending
consumption spending
deficit spending
entitlement spending
.
5. Which of the following is an entitlement program?
A.
Medicare spending
.
B.
Corporate income taxes
.
C.
Government investment spending
.
D.
Personal consumption expenditure
6. Automatic Stabilizers and Fluctuations in Output. Because of automatic stabilizers, the states that have a more generous unemployment insurance program experience
▼
smaller
no
larger
fluctuations in output.
7. Annual government spending not stipulated by existing laws is called
A.
inflationary.
B.
entitlement.
C.
mandatory.
D.
discretionary.
8. Based on the Laffer’s theory why do lower tax rates increase government revenue?
A.
Companies will hire fewer workers when taxes are lower.
B.
Workers will be willing to work less when taxes are lower.
C.
Workers will think it is unfair when the government taxes them less.
D.
When workers get to keep more of their salary, they will work harder thus increasing the tax base
9. Long-run average income is known as
▼
permanent income
national income
disposable income
.
10. What was the effect on the economy from the Kennedy and Johnson tax cuts?
A.
Real GDP and consumption grew at rates of 4% each year between 1963 and 1966.
B.
Real GDP and consumption were unchanged from what they would have been.
C.
Real GDP and consumption declined each year between 1963 and 1966.
D.
Real GDP and consumption were unchanged entirely.
If the molecular weight of air is 28.9,what is the density of air at atmosphericpressure and a temperature of 281 K?1 atm = 1.013 × 105 N/m2 , the mass ofa proton is 1.67262 × 10−27 kg , Avogadro’snumber is 6.02214 × 1023 mol−1 and k =1.38065 × 10−23 N · m/K.Answer in units of kg/m3.
=================================================================If the molecular weight of air is 28.9,what is the density of air at atmosphericpressure and a temperature of 281 K?1 atm =…
If the meteorite struck the car with a speed of 550 m/s, what was the magnitude of its deceleration, assuming it to be constant? X v0 = 550 m/s Original top of car trunk Draw a simple diagram showing the meteors starting and ending points and the origin and direction of increase of your coordinate system. Write out the values of the known and solve variables. Known: Solve: v0 = 550 m/s a=? V = 0 m/s x = 0.22 m What is the variable Not Involved? 2 v 2 = v0 + 2ax 2 v 2 V0 = 2ax 2 v 2 Which kinematic equation does that suggest that you should use? Solve that kinematic equation for the variable of interest? Plug in the known values and solve for the desired quantity?
If the mean is 6.5345, the standard deviation is 7.5066, and the sample size is 20, what is the 95% confidence interval? (assume that sigma is unknown). List each in proper (lower bound, upper bound) notation.
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