The cost of hospital stays- include
The rise in life expectancy over time-Not included
Child care provided by a licensed day care center- included
Child care provided by a grandmother-not included
The sale of a used car-not inc
EC283: CHAPTER 33: INTERNATIONAL TRADE
1. How does comparative advantage lead to gains from trade?
Comparative advantage leads gains from trade if the two countries involved begin to
specialize in the good in which they have the ability to produce better
1.Explain why you think the Federal Reserve Bank tracks M1 and M2.
The Federal Reserve Bank tracks the M1 and M2 because their tracking shows close relationships
between significant aspect of the economy such as the level of price and the nomin
Chapter 21: Unemployment
1. A country with a population of eight million adults has five million employed, 500,000
unemployed, and the rest of the adult population is out of the labor force.
(a) Whats the unemployment rate?
Unemployment rate = unemployed
EC283: Chapter 20: Economic Growth
1. An economy starts off with a per capita GDP of $5000. How large will the per capita GDP be
if it grows at an annual rate of:
(a) 2% for 20 years?
= (1 + 2/100) ^20 x 5000
= (102/100) ^20 x 5000
= (1.02) ^20 x
Chapter 23: Assignment: Online
1. State whether each of the following events involves a financial flow to the Mexican economy or a
financial flow out of the Mexican economy:
a. Mexico imports services from Japan
Money flows out of Mexican economy
The total price of purchasing a basket of goods in the United Kingdom over four years is: year 1=940,
year 2=970, year 3=1000, and year 4=1070. Calculate two price indices, one using year 1 as the base
year (set equal to 100) and the other using year 4 as
Chapter 28: Monetary Policy and Bank Regulation
1. (a) Explain what would happen if banks were notified they had to increase their required reserves
by one percentage point from, for example, 9% to10% of deposits.
The bank would have to sell some assets s
Chapter 30: GOVERNMENT BUDGETS AND FISCAL POLICY
1. (a) Is it possible for a nation to run budget deficits and still have its debt/GDP ratio fall?
Explain your answer
Yes, it is possible. First, we need to understand that budget deficit means there is an
Self Quiz: External Analysis
1. Which of the following is not one of the questions that needs to be answered in thinking strategically about a
company's external environment?
A) What kinds of competitive forces are industry members facing, and how strong
strategy consists of.
the competitive moves and business approaches that managers are employing to
achieve superior profitability
strategy is about.
doing what company's don't do.or better yet, can't do
When can a company achieve sustainable competitive a
developing healthcare facilities
for a changing environment
Healthcare organizations should consider financial goals hefore deciding
on real estate strategies.
AT A GLANCE
When approaching facility and real estate
Discussion question 1
To understand the difference between fiscal and monetary policy you must define them. All
governments have a system in place so they can function and thrive. The fiscal policy is a detailed
Case analysis- Frauds of the Century
Many times Ponzi schemes are mistaken for pyramid schemes. Both have a similar
construction, in the case of the pyramid scheme its slightly harder to identify. Reason being,
there are n
The mission statement that was the most surprising and odd to me was the third one from
Albertsons grocery stores; We don't care what business we're in. I didnt like this statement because
in my opinion, it has nothing to do with the companys purpose. The
Case analysis New Belgium Brewing
New Belgium Brewing works to address several environmental issues. The firm strives to
make cost efficient energy, and is very mindful on the impact they make on the environment.
Some of t
The Monetary policy is the system in place that controls the economy, interest rates, and
spending here in the U.S. To survive and promote growth the policy needs two main factors confidence
and liquidity. When deposits are ma
Resolving ethical business challenges
1. Sometimes in a business setting you can really weed out someones true character.
In this case we see two very different types of management leadership styles. With Dave, he is
A value chain is described as a complex system or surge of inputs, data, and economic capital.
The result of this structure produces goods and services that is distributed to the customer. Some call it a
Resolving ethical business challenges
1. The organizational structure at ABCO is a centralized organization system. With centralized
structures most decision making is done and approved by top or upper level management. Most
Discussion question 4
Mission statements are so crucial to a companys survival because it distinctly lets the consumer
know the reason and drive for existence. It lets you take a sneak peek in to what the firm is all about and
Corporate Tax Homework
32. Accumulated earning of Blue Corporation:
Current Year E& P
Total accumulated earnings
Blue Corporation distribute
Out of 200000 blue corporation is having in E&P ac
Chapter 18 Homework
1. These provisions allow for organizations and individuals to transfer or exchange property
without the transfer becoming a taxable event. The principles behind this is that transfers in a
Corporations are either C or S corporations, this refers to the subchapters of the tax code that
governs them. C corporations are the most costly entity to start, operate, and maintain, b
These men that aid the financial collapse all had one thing in common, greed. For instance, Angelo
Mozilo knowingly offered mortgages to people who werent qualified because he knew he could package
2. Since C corporations are separate tax entities, Cassowary Corporation will report the operating
income and tax-exempt income. An S corporation is a tax reporting entity. Therefore, Barbara will