Problem Set 1 Macroeconomics‚ ECON 2123 (Instructor: Partha Sen; TA: Peter Tsui) ------------------------------------------------------------------------------------------------------------------------------------ Posted: Friday‚ 19 September 2014 Due: 5:00 PM Friday‚ 26 September 2014 (Submit your homework into the homework collection box outside the department office) 100 marks total Part I: True/False/Uncertain (20 marks‚ 4 marks each) 1. GDP is the value of all goods and services produced
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One: (10 points) Tom leases a farmer’s field and grows pineapples. Tom hires students to pick and pack the pineapples. The following table sets out Tom’s total product schedule. Labor (students) Total Products (pineapples/per day) 0 0 1 100 2 220 3 300 4 360 5 400 6 420 7 430 1. Calculate the marginal product of the third student; 2. Calculate the average product of three students; 3. Over what numbers of students does marginal product increase? 4. When marginal
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Econ 122B Problem Set 3 Name(Print)______________________ Due in class on March 3 UCI ID____________________________ 1. In class‚ we have talked about the following simple wage equation wage female u ‚ where female is a dummy that is equal to 1 if female‚ and 0 otherwise. Given the OLS estimates ˆ and ˆ for the above model‚ what are the OLS estimates for a model with a
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Problem Set #2 Ec 370 Summer‚ 2013 Michigan State University M. Naretta 1. Another popular sport on SASN is One-out‚ Two-base baseball. In this sport there are‚ obviously‚ two bases: home and 2nd. The batter hits the ball and runs to 2nd. If he or she (it’s a co-ed sport) gets a hit‚ then the batter is on second. If it’s an out‚ then the inning is over and the other team gets to bat. Suppose that it’s a hit. Then the next batter bats with a runner on 2nd base. If that
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A-3 (Coverage ratio) The firm in the two preceding problems also had $6 million of principal repayments during the latest 12 months. Its marginal tax rate is 40%. Calculate the debt service coverage ratio. Debt-Service Coverage Ratio = (EBIT + 1/3 Rentals) / (Interest Expense + 1/3 Rentals + Principal Repayments / (1 - T)) = ($30 + $15 / 3) / ($10 + $15 / 3 + $6 / (1 - 0.40)) = 1.40 A-4 (WACC with rebalancing) Nathan’s Catering is a gourmet catering service located in Southampton‚ New York
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I chose the movie Gothika because It is a very good movie and It has one of my favorite actors in the movie. Gothika is about a Psychiatrist (Halle Berry) who works for a women’s penitentiary‚ and she had car accident after trying to avoid a girl on the road while it was rainy out. She gets out the car to go help save the girl‚ turns out to be a ghost and possesses the psychiatrist body. The next day Halle Berry wakes up to find herself in a hospital bed where she works‚ and she is also being treated
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Paul Martin took a tough approach of‚ cutting government spending by 15% in real terms between 1994 and 1995‚ from all areas - including health and education. Thousands of people and especially in the public sector lost their jobs. But the risk paid off. The budget was brought back into surplus in only three years‚ while booming private sector more than made up for the losses in government jobs( BUT REMEMBER Canadian step was successful in completely different environment to that of today. The global
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extreme sense of pride you get when something that you made‚ or built‚ can overcome almost any terrain obstacle that could be put in your way. My first legal off-roading trip was with an off-road club called‚ Ocean State Jeepsters‚ which to this day I am still a member. It was a bright spring morning in late May of 2012. The day started off early‚ 6:30A.M. too be exact‚ with a phone call from one of my best friends. “Are you ready? I’ll be there in 30 minutes” “Already half way through my first
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Chapter 12 ********** 22‚ 32‚ 40 Evan Lee Turner #22 Random samples of five were selected from each of three populations. The sum of squares total was 100. The sum of squares due to the treatments was 40. a. Set up the null hypothesis and the alternate hypothesis. b. What is the decision rule? Use the .05 significance level. c. Complete the ANOVA table. What is the value of F? d. What is your decision regarding the null hypothesis?
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Off-shore Banking /OBUs Off-shore Banking: Offshore banking refers to the deposit of funds by a company or individual in a bank that is located outside their national residence. Although the term implies that these banks are located on islands‚ many offshore banks are‚ in fact‚ found in onshore locations‚ such as Panama‚ Luxembourg and Switzerland. The advantage of offshore banking is that‚ in many cases‚ funds are tax exempt where the banks are located. Offshore banks also offer the same services
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