ECON1102 MACROECONOMICS 1 Session 2‚ 2012 Tutorial Test (Week 17-21 September) INSTRUCTIONS 1. Tutorial tests will be constructed from the following pool of short-answer questions. 2. Each Tutorial test will be comprised of a sufficient number of short-answer questions to add-up to a total of 20 marks. 3. The marks for each question provide an indication of how much is required to answer the question. 4. Tutorial tests may contain questions on different topics. 5. The set of short-answer
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MORTGAGE OF LAND AS SECURITY UNDER THE LAND USE ACT 1978 BY DOROTHY E. NELSON** 1. Introduction Land is the very basis of commercial and industrial enterprise in Nigeria. It is the most important factor of production in industry as well as agriculture. Its usefulness and importance cuts across all forms of businesses and professions: Businessmen require land for buildings‚ factories and warehouses; Professionals in practices such as law‚ medicine‚ etc‚ need land to locate their
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Chapter 1: Introduction True/False 1. Primary markets are markets where users of funds raise cash by selling securities to funds suppliers. Answer: True Level: Easy 2. Secondary markets are markets used by corporations to raise cash by issuing securities for a short time period. Answer: False Level: Easy 3. In a private placement the issuer typically sells the entire issue to one or only a few institutional buyers. Answer: True Level: Easy 4. The NYSE is an example
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Note: It is recommended that you save your response as you complete each question. Question 1 (5 points) James believes our system of free enterprise is the best‚ even though businesses are not exactly trying to do nice things to competitors‚ because the end result is that consumers get better products. "Hey‚ even though what the businesses are doing is kind of cruel‚ the ultimate outcome is for the good—what could be wrong with that?" Chris disagrees with James: "No way will you’ll get me to go
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Solutions to Questions - Chapter 4 Fixed Rate Mortgage Loans Question 4-1 What are the major differences between the CAM‚ and CPM loans? What are the advantages to borrowers and risks to lenders for each? What elements do each of the loans have in common? CAM - Constant Amortization Mortgage - Payments on constant amortization mortgages are determined first by computing a constant amount of each monthly payment to be applied to principal. Interest is then computed on the monthly
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Comparison of Extended Column Test (ECT) and Propagation Saw Test (PST) Introduction: Stability or “Instability” Tests are an important tool for determining the likelihood of a slope to produce an avalanche. Many different tests have been developed over the years – each with their own strengths and weaknesses. These tests provide a way to safely apply stress and deformation to a slope that is steep enough to slide (usually 250 or steeper) and observe and quantify the results. These results
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imply the non-stationarity of the linear combinations of these series. Hence‚ it is a prerequisite to ensure that all variables are integrated of order one in levels before employing the panel cointegration tests. Table 3 presents the results performed by Im‚ Pesaran and Shin unit root test of all variables for the four panels of economies tested in both levels and in first difference. Panel A‚ B‚ C and D represents all income economies‚ high-income economies‚ upper-middle-income economies and
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* Question 1 5 out of 5 points | | | An artist’s painting is not a capital asset when held by the artist.Answer | | | | | Selected Answer: | True | Correct Answer: | True | | | | | * Question 2 0 out of 5 points | | | Taxpayers are allowed to offset net short-term capital losses with net long-term capital gains.Answer | | | | | Selected Answer: | False | Correct Answer: | True | | | | | * Question 3 0 out of 5 points | | | Net short-term
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Acct. 353 1. Blue Co. can estimate the amount of loss that will occur if a foreign government expropriates some of the company’s assets in that country. If the likelihood of expropriation is remote‚ a loss contingency should be A. Disclosed but not accrued as a liability. B. Disclosed and accrued as a liability. C. Accrued as liability but not disclosed. D. Neither accrued as a liability nor disclosed. 2. When a material gain contingency is probable and the amount of gain can be reasonably estimated
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__________ is not a money market instrument. A. A certificate of deposit B. A treasury bill C. A treasury bond D. Commercial paper 7. Which one of the following provides the best example of securitization? A. convertible bond B. call option C. mortgage pass-through security D. preferred stock 8. Suppose that short-term municipal bonds currently offer yields of 4%‚ while comparable taxable bonds pay 5%. Which gives you the higher after-tax yield if your tax bracket is (Note that this is NOT a
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