Part 2 – Public Expenditure: Public Goods and Externalities Chapter 4 – Public Goods 1. a. Wilderness area is an impure public good – at some point‚ consumption becomes nonrival; it is‚ however‚ nonexcludable. b. Satellite television is nonrival in consumption‚ although it is excludable; therefore it is an impure public good. c. Medical school education is a private good. d. Television signals are nonrival in consumption and not excludable (when broadcast over the air). Therefore‚ they
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CHAPTER SEVENTEEN Discussion Questions 1. What is the bullwhip effect and how does it relate to lack of coordination in a supply chain? The bullwhip effect refers to the fluctuation in orders along the length of the supply chain as orders move from retailers to wholesalers to manufacturers to suppliers. The bullwhip effect relates directly to the lack of coordination (demand information flows) within the supply chain. Each supply chain member has a different idea of what
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consideration involves heavy use and wear and tear‚ and possibly technological developments that could improve operating efficiency‚ Paulo should go for an operating lease and let the lessor take care of the maintenance. 2. Calculate the net advantage to leasing (NAL) the restaurant equipment. It is assumed that the old equipment has no resale value whereas the new equipment would have a salvage value of $30‚000 after 5 years. The restaurant’s tax rate is estimated to be 40%. 3. What typically happens to
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several banking laws which are not in the bar coverage. Likewise‚ we have incorporated several laws on non-bank financial intermediaries. Since they are not covered by the bar exam‚ the reviewee has the option of not reading them. Banking and Finance in General Two types of financing 1. equity 2. debt-financing • A cross-breed of the two may also occur. Intermediaries 1. Banks 2. Non-bank financial intermediaries 3. Exchanges 4. Others i.e. secondary markets
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Chapter 6‚ Problem 1 1. Assume Yn =11‚600‚ t=0.2 and G=2610 (a) Compute the amount of taxes at natural real GDP The amount of taxes at the natural real GDP is .2 x 11600=2320 (b) Explain why there is a natural employment deficit. Compute the amount of the natural employment deficit in terms of both billions of dollars and as a percent of natural real GDP. Because based on the information in the question and answer to part A: 2320‚ we see that taxes(money coming in) is less than government
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17‚ 18‚ and 19 Study Guide 12/5/12 1. The presidents from these chapters (list on the back of your Chapter 19 outline) a. Harrison (1841) – died after 4 weeks in office; elected from the Whig party because leader Henry Clay and Daniel Webster planned on controlling his presidential power. b. Tyler- not a Whig more of a democrat; passed a law ending the independent treasury system‚ c. Polk- four point mission: lower the tariff‚ restore the independent treasury‚ clear up Oregon border issue‚
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Solutions to Homework Assignments: Chapter 4 6. Are all capital gains (gains on the sale or disposition of capital assets) taxed at the same rate? Explain. No. If a taxpayer holds a capital asset for a year or less the gain is taxed at ordinary tax rates. If the taxpayer holds the asset for more than a year before selling‚ the gain is generally taxed at a maximum 15% rate but could be taxed as high as 20% for high income taxpayers. If the taxpayer sells more than one capital asset during the year
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I believe that Myers-Briggs could be used in my niche. My niche is working with the youth. Generally at that young of an age you are not exposed to assessments and other tools that could be considered helpful. Myers- Briggs would help them see their preferences‚ at the same time give them experience taking an assessment. It also gets them aware of the different preference types there are (Boghikian-Whitby‚ S. s.‚ & Mortagy‚ Y. y.‚2016). I find that when you are young many are seeking reinforcement
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CHAPTER 12: BEHAVIORAL FINANCE AND TECHNICAL ANALYSIS PROBLEM SETS 1. Technical analysis can generally be viewed as a search for trends or patterns in market prices. Technical analysts tend to view these trends as momentum‚ or gradual adjustments to ‘correct’ prices‚ or‚ alternatively‚ reversals of trends. A number of the behavioral biases discussed in the chapter might contribute to such trends and patterns. For example‚ a conservatism bias might contribute to a trend in prices as
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CHAPTER 4: ACCOUNTING FOR GOVERNMENTAL OPERATING ACTIVITIES ( ILLUSTRATIVE TRANSACTIONS AND FINANCIAL STATEMENTS Solutions to Exercises and Problems 4-2. 1. a. 6. a. 2. c. 7. c. 3. d. 8. c. 4. b. 9. b. 5. d. 10. b. Ch. 4‚ Solutions (Cont’d) 4-3. a. Calculation of Estimated Required Tax Anticipation Financing Estimated Expenditure Requirements: Budgeted expenditures‚ remainder of FY 2011 $2‚470‚000 Current liabilities
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