Department of Economics Economics 011 Section 14 Prof. Steve Suranovic Fall 2012 Problem Set #2 – Answers Answer all of the following questions from the book and those below. HW #2 is due in class on Wednesday Feb 22nd . A. Questions from Text and Readings R&T Chapter 2-5 (online)‚ Chapter 2.4 Review and Practice (in printed textbook); Concept Problems 2‚ 3; (for Extra Practice complete Numerical Problems 1 – 5 (not required for HW1)) CP2. Why does the downward-sloping production possibilities
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Chapter 4 15. For discrete compounding‚ to find the EAR‚ we use the equation: EAR = [1 + (APR / m)]m – 1 = .0719‚ or 7.19% EAR = [1 + (.07 / 4)]4 – 1 EAR = [1 + (.16 / 12)]12 – 1 = .1723‚ or 17.23% = .1163‚ or 11.63% EAR = [1 + (.11 / 365)]365 – 1 To find the EAR with continuous compounding‚ we use the equation: EAR = er – 1 EAR = e.12 – 1 = .1275‚ or 12.75% 23. Although the stock and bond accounts have different interest rates‚ we can draw one time line‚ but we need to remember to
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Grounds zero: A Starbucks-free Italy. Bloomberg Businessweek. Retrieved from ProQuest. Patterson‚ P. G.‚ Scott‚ J.‚ & Uncles‚ M. D. (2010). How the local competition defeated a global brand: The case of Starbucks. Australasian Marketing Journal‚ 18(1)‚ 41-47. Retrieved from http://search.proquest.com/docview/734593400?accountid=32521
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refund of the purchase price or reduction in the amount owed. Dogs R US uses the perpetual inventory system to account for its merchandise. On May 1‚ it returned $50 of merchandise due to a defect. Assuming that the purchase was originally bought on credit‚ demonstrate the required journal entry. -Account Payable DR: 50 -Merchandise inventory CR: 50 On June 5‚ X-mart purchased $400 of merchandise with terms of 2/10‚ n/30. If payment is made on June 11‚ calculate the purchase discount that may be taken
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1. Nondigestible food components that can benefit our health by stimulating the growth and activity of helpful gastrointestinal (GI) bacteria are called __________. CORRECT ANSWER: prebiotics 2. Which of the following statements about vitamins is true? CORRECT ANSWER: Some vitamins are fat soluble and some are water soluble. 3. Which of the following nutrients is inorganic? CORRECT ANSWER: Water 4. Jill eats 1600 Kcals and 50 grams of protein per day. The percentage of total energy that comes
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Exam Name Amber R Summers_________________________________ MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answers the question. 1) A(n) ________ is a dedicated computer in a client/server environment that hosts a DBMS. 1) _D_____ A) web server B) application server C) client server D) database server 2) To use the analog telephone system for sending digital data‚ you must also use: 2) _D_____ A) twisted wire. B) DSL
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Associate Program Material Racial Diversity: Historical Worksheet Answer the following questions in 100 to 250 words each. Provide citations for all the sources you use. • Throughout most of U.S. history‚ in most locations‚ what race has been in the majority? What is the common ancestral background of most members of this group? Throughout most of U.S. history‚ the white race has been the majority (Schaefer‚ 2012)‚ although this fact is not soley based upon how many of them
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This work of IT 240 Latest Version Set 2 Week 5 DQ 1 contains: What is DNS? How do users benefit from it? Provide a brief description of the DNS process to resolve a URL to its IP address. Computer Science - General Computer Science NTC/362 Entire Course: University of Phoenix: New Updated Course Whether you take college courses online or on campus‚ you will do well to prepare yourself for the experience. The modern college student can be any age from 18 to 80 and may have
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This work of GEN 200 Week 5 Discussion Questions 1 contains: Post a 150-200-word response to the following discussion question by clicking on Reply‚ clicking quote original and inserting your name in the subject line next to the assignment title. Identify at least two professional organizations or associations in an industry of interest‚ such as the Association of American Educators. Describe how these organizations or associations may contribute to your professional knowledge.
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P17-1. (Debt Securities) 2 Presented below is an amortization schedule related to Spangler Company’s 5-year‚ $100‚000 bond with a 7% interest rate and a 5% yield‚ purchased on December 31‚ 2012‚ for $108‚660. Date Cash Received Interest Revenue Bond Premium Amortization Carrying Amount of Bonds 12/31/12 $108‚660 12/31/13 $7‚000 $5‚433 $1‚567 107‚093 12/31/14 7‚000 5‚354 1‚646 105‚447 12/31/15 7‚000 5‚272 1‚728 103‚719 12/31/16 7‚000 5‚186 1‚814 101‚905 12/31/17
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