The price elasticity of demand for paper towels is 0.5 and the price elasticity of supply...

The price elasticity of demand for paper towels is 0.5 and the price elasticity of supply for paper towels is 1.5. If a tax of $0.75 is placed on the producers of paper towels, who bears the biggest burden of the tax? A. Producers. B. Consumers C. The government

Please read the following four examples below. Please identify what they are (i.e., discretionary fiscal policy,...

Please read the following four examples below. Please identify what they are (i.e., discretionary fiscal policy, monetary policy, or automatic stabilizer) and explain why.   a) A terrible recession occurs as a result of a bubble in the housing market bursting, and government-funded unemployment compensation is paid out to laid-off workers. (5 points) b) As the economy heats up, the resulting increase in equilibrium GDP results in higher income tax payments, which dampen consumption spending somewhat. (5 points) c) To stem...

KMG Corp. has never paid a dividend. In a press release, they just announced that starting...

KMG Corp. has never paid a dividend. In a press release, they just announced that starting from next year; they plan on paying an annual dividend of $0.34. It also stated that the dividends are expected to increase by 40% a year for each of the following four year and then increase by 4% annually thereafter. The required rate of return is 15%. What is the expected price per share of KMG stock six years from now?

Question #8 There are 4 Accounting Principles. Required: Define (A) Revenue Recognition Principle and (B) Measurement...

Question #8 There are 4 Accounting Principles. Required: Define (A) Revenue Recognition Principle and (B) Measurement Principle

The hot and cold reservoirs of a Carnot engine are 273°C and 71.7°C respectively. The temperature...

The hot and cold reservoirs of a Carnot engine are 273°C and 71.7°C respectively. The temperature of the hot reservoir is raised by 43°C in order to increase the efficiency of the engine. (a) What is the efficiency after the increase in temperature? .41 Incorrect: Your answer is incorrect. % (b) Instead of raising the temperature of the hot reservoir, if the temperature of the cold reservoir is decreased by 43°C, what would be the efficiency of the engine? %

The function f(x) = 3x 4 − 4x 3 + 12 is defined for all real...

The function f(x) = 3x 4 − 4x 3 + 12 is defined for all real numbers. Where is the function f(x) decreasing? (a) (1,∞) (b) (−∞, 1) (c) (0, 1) (d) Everywhere (e) Nowhere

1.00 kg of ice at -38.0 degrees C is dropped into 25.0 kg of water at...

1.00 kg of ice at -38.0 degrees C is dropped into 25.0 kg of water at 34.0 degrees C. What is the final temperature of the mixture?

1. In the face of rationally formed inflationary expectations, what are the expected longer term consequences...

1. In the face of rationally formed inflationary expectations, what are the expected longer term consequences of the Fed increasing the money supply in an attempt to push output beyond its full employment level? a. Hyperinflation. b. Superinflation. c. A Growth Depression. d. Deflationary Growth. e. Stagflation. 2. Which of the following combats inflation from the demand side? a. The “cold turkey” approach. b. The use of wage and price controls. c. Tax-based incomes policies. d. The “gradualism” approach. e....

Rob buys a 30-year coupon bond with a $250,000 face value at a time when the...

Rob buys a 30-year coupon bond with a $250,000 face value at a time when the interest (coupon) rate is 5%. In just under 5 years (so just before the 3rd coupon payment) he sells the bond to a neighbour. At that time the interest rate is 3%. How much is the bond’s approximate (within $1000) competitive value at the time of sale? Question 2 options: 343,565 345,565 347,565 349,565 None of the above

On May 22, 2018, for the purpose of transporting company officials to remote location, Oil &...

On May 22, 2018, for the purpose of transporting company officials to remote location, Oil & Gas Ltd. purchased a small airplane costing $120,000 and paid $20,000 for painting and lettering. The company paid $25,000 in cash and signed a one-year notes payable for the balance. The airplane is expected to have a useful life of 16 years or 1,500,000 kilometers, with a salvage value of $20,000. Required a. Calculate the cost of the airplane and prepare a journal entry...

D & A Company uses the aging of accounts receivable approach to estimate bad debt expense....

D & A Company uses the aging of accounts receivable approach to estimate bad debt expense. On December 31, 2019, an analysis of accounts receivable revealed the following: Schedule of accounts receivable by age Accounts receivable, Dec 31 Age of Accounts receivable Estimated percentage of uncollectible $130,000 Not yet due 0.75% 45,000 1-30 days past due 4% 9,000 31-60 days past due 10% 4,000 61-90 days past due 60% 2,000 Over 90 days past due 90% Required: a) Calculate the...

(a) For a sandy loam soil, using Green-Ampt equation to calculate the infiltration rate (cm/h) and...

(a) For a sandy loam soil, using Green-Ampt equation to calculate the infiltration rate (cm/h) and cumulative infiltration depth (cm) after 1, 60, and 150 min if the effective saturation is 40 percent. Assume a continuously ponded condition. (b) Take the infiltration rates computed in Part (a) at 1 min and 150 min as the initial and ultimate infiltration rates in Horton's equation, respectively. Determine the decay constant, k. (c) Use the decay constant, k, found in Part (b) to...

1) When discussing wages, incomes and interest rates you always want to focus on the ...........

1) When discussing wages, incomes and interest rates you always want to focus on the ........ when making comparisons. a. Nominal Value b. Real value c. both are needed d. none of the above 2) When there is a decrease in the interest rate you can expect to see a. increase in investment b. decrease in spending c. increase in savings d. both increase in investment and increase in savings 3. A decrease in the supply of oil ( an...

Diego Company manufactures one product that is sold for $79 per unit in two geographic regions—the...

Diego Company manufactures one product that is sold for $79 per unit in two geographic regions—the East and West regions. The following information pertains to the company’s first year of operations in which it produced 50,000 units and sold 45,000 units. Variable costs per unit: Manufacturing: Direct materials $ 29 Direct labor $ 16 Variable manufacturing overhead $ 2 Variable selling and administrative $ 4 Fixed costs per year: Fixed manufacturing overhead $ 800,000 Fixed selling and administrative expense $...

Using the Annual Report of your selected company answer the following questions in the Discussion: COMPANY...

Using the Annual Report of your selected company answer the following questions in the Discussion: COMPANY - LOCKHEED MARTIN What method does the company use to report net cash flows from operating activities? How can you tell? What does this evaluation tell you about the company?

Naturally occurring 40K is listed as responsible for 16 mrem/y of background radiation. Calculate the mass...

Naturally occurring 40K is listed as responsible for 16 mrem/y of background radiation. Calculate the mass of 40K that must be inside the 55-kg body of a woman to produce this dose. Each 40K decay emits a 1.32-MeV ββ, and 50% of the energy is absorbed inside the body.

1) How would you label these events? The results of an Olympic race and the lottery...

1) How would you label these events? The results of an Olympic race and the lottery numbers from the same day. mutually exclusive idependant neither independent nor mutually exclusive 2) A cable TV service has as deal that for an extra $30 per month a customer can select 6 channels form a list of 20 premium channels to have access to. How many ways can a customer make this selection? How would you label these events? Choosing at random from...

Suppose that each of five machines in a given shop breaks down according to a Poisson...

Suppose that each of five machines in a given shop breaks down according to a Poisson law at an average rate of one every 10 h, and the failures are repaired one at a time by two maintenance people operating as two channels, such that each machine has an exponentially distributed servicing requirement of mean 5 h. (a) What is the probability that exactly one machine will be up at anyone time? (b) If performance of the workforce is measured...

A merry-go-round rotates from rest with an angular acceleration of 2.00 rad/s2. How long does it...

A merry-go-round rotates from rest with an angular acceleration of 2.00 rad/s2. How long does it take to rotate through (a) the first 4.00 rev. (b) At the 4.00 rev angle the acceleration immediately changes to 1.5 rad/s2 , how long does it take to rotate the next 4.00 rev?

Question 293.125 pts Other things equal, the voluntary relocation of employable migrants from low-paying nations to...

Question 293.125 pts Other things equal, the voluntary relocation of employable migrants from low-paying nations to high-paying nations will: increase business or capitalist incomes in the low-paying nations. reduce wage rates in the low-paying nations. reduce real output in the world. increase business or capitalist incomes in the high-paying nations. Flag this Question Question 303.125 pts If the elasticity of demand for labor in the United States is unitary, immigration into the United States can be expected to: increase the...