PROBLEM SET 2 Name: ___________________________________ Problem Set 2 is to be completed by 11:59 p.m. (ET) on Monday of Module/Week 4. 1. The following table presents data for wages in the market for internet security professionals. (HINT: in the labor market the roles are reversed. Those who want to hire labor are the demanders. The workers enter the work force providing labor to the market place so they are the suppliers.) Wage Quantity Demanded Quantity supplied $50‚000 20‚000 14‚000 $60
Premium Supply and demand Externality Public good
Problem Set 1 Complete all questions listed below. Clearly label your answers. 1. The receipts and year of release of the five movies with the largest nominal box office revenues‚ along with the CPI data of each year are presented below. Assuming that the receipts for each of the movies were derived during their year of release‚ convert the receipts for each to real dollars for the year 2010 (2010 CPI 230.1). Put the movies in order from largest to smallest real box office receipts and show
Premium Economics Inflation Unemployment
Problem Set 4 Complete all questions listed below. Clearly label your answers. 1. What determines whether a financial asset is included in the M1 money supply? Why are interest-earning checkable deposits included in M1‚ whereas interest-earning savings accounts and Treasury bills are not? If the financial asset can be turned into real money fast. Intrest earning checkable deposits are included because they can be converted quickly into paper money. Intrest earning savings accounts and treasury
Free Federal Reserve System Monetary policy Banking
PROBLEM SET 4 Name: ______________________________________________ Problem Set 4 is to be completed by 11:59 p.m. (ET) on Friday of Module/Week 8. 1. Movies are distributed in a variety of forms‚ not just first run theatrical presentations. What other ways are movies distributed? What are the different price points? Using this information‚ draw a fully labeled graph of the market for movies in which the distributor of the film price discriminates. (NOTE: This should not be perfect price
Premium Game theory Marketing
modalities‚ read the policies governing your current class modality. Course Materials Schultz‚ K. M. (2012). HIST2‚ volume 2 (2nd ed.). Boston‚ MA: Wadsworth‚ Cengage Learning. All electronic materials are available on the student website. Week One: Reconstruction and the New South Details Due Points Objectives 1.1 Evaluate the outcomes of Reconstruction. 1.2 Summarize the economic‚ political‚ and social characteristics of the New South. 1.3 Explain the populist response to late
Premium United States World War II World War I
Problem set 3 (Answer) 7.6. A farmer uses three inputs to produce vegetables: land‚ capital‚ and labor. The production function for the farm exhibits diminishing marginal rate of technical substitution. a) In the short run the amount of land is fixed. Suppose the prices of capital and labor both increase by 5 percent. What happens to the cost-minimizing quantities of labor and capital for a given output level? Remember that there are three inputs‚ one of which is fixed. b) Suppose only the cost
Premium Economics Supply and demand Laborer
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
Free Economics Perfect competition Marginal cost
EC3314 – Financial Economics Fall 2013 Vinay P NUNDLALL Problem Set 1 Question 1 Explain what is meant by the following: a. A broker holding securities in street name A brokerage account where the customer’s securities and assets are held under the name of the brokerage firm‚ rather than the name of the individual who purchased the security or asset. Although the name on the certificate is not that of the individual‚ they are still listed as the real and beneficial owner and have the rights
Premium Short Margin Leverage
Problem Set 4 1. What determines whether a financial asset is included in the M1 money supply? Why are interest-earning checkable deposits included in M1‚ whereas interest-earning savings accounts and Treasury bills are not? a. Any financial asset that can be easily changed into physical money is included in the M1 money supply. b. Because checkable deposits are easily changed into physical money‚ they are included in M1; however‚ savings accounts and Treasury bills cannot be‚ due to the fact that
Free Monetary policy Federal Reserve System Central bank
acquisition cost for the plant asset will contain all expenditures essential to obtain the asset and make it prepared for its specific purpose. B. 1. Land 2. Factory Machinery 3. Delivery Equipment 4. Land Improvements 5. Delivery Equipment 6. Factory Machinery 7. Prepaid Insurance 8. License Expense E9-7 A. 1. 2011: $3‚500 2012: $3‚500 2. $0.28 per mile 2011: $4‚200 2012: $3‚360 3. 2011: $7‚500 2012: $5‚625 B. 1. Depreciation Expense 3‚500
Premium Depreciation Generally Accepted Accounting Principles Asset