Question 1Table Statistics for a Small EconomySTATISTICS .pdf

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Question 1 Table: Statistics for a Small Economy STATISTICS FOR A SMALL ECONOMY Item Value in dollars ($) Cash held by public -7 million Small-time deposits -30 million Money market mutual funds -18 million Checkable deposits -36 million Currency & total reserves at the Fed -12 million Large-time deposits -20 million Demand deposits -14 million Table: Statistics for a Small Economy) The table shows some statistics for a small economy. Using only the information provided, M1 in this country amounts to A. $43 million. B. $48 million. Question 2 Table: Statistics for a Small Economy STATISTICS FOR A SMALL ECONOMY Item Value in dollars ($) Cash held by public -7 million Small-time deposits -30 million Money market mutual funds -18 million Checkable deposits -36 million Currency & total reserves at the Fed -12 million Large-time deposits -20 million Demand deposits-14 million (Table: Statistics for a Small Economy) The table shows some statistics for a small economy. Using only the information provided, M2 in this country amounts to A. $105 million. B. $129 million. Question 3 The Fed has the most control over A. M2. B. money market mutual funds. C. the monetary base. Question 4 What is the purpose of the Fed\'s structure? A. to keep the private sector out of the monetary policy making arena B. to keep the power of the Fed dispersed Question 1 Table: Statistics for a Small Economy STATISTICS FOR A SMALL ECONOMY Item Value in dollars ($) Cash held by public -7 million Small-time deposits -30 million Money market mutual funds -18 million Checkable deposits -36 million Currency & total reserves at the Fed -12 million Large-time deposits -20 million Demand deposits -14 million Table: Statistics for a Small Economy) The table shows some statistics for a small economy. Using only the information provided, M1 in this country amounts to A. $43 million. B. $48 million. Question 2 Table: Statistics for a Small Economy STATISTICS FOR A SMALL ECONOMY Item Value in dollars ($) Cash held by public -7 million Small-time deposits -30 million Money market mutual funds -18 million Checkable deposits -36 million Currency & total reserves at the Fed -12 million Large-time deposits -20 million Demand deposits-14 million (Table: Statistics for a Small Economy) The table shows some statistics for a small economy. Using only the information provided, M2 in this country amounts to A. $105 million. B. $129 million. Question 3 The Fed has the most control over A. M2. B. money market mutual funds. C. the monetary base. Question 4 What is the purpose of the Fed\'s structure? A. to keep the private sector out of the monetary policy making arena B. to keep the power of the Fed dispersed Question 1 Table: Statistics for a Small Economy STATISTICS FOR A SMALL ECONOMY Item Value in dollars ($) Cash held by public -7 million Small-time deposits -30 million Money market mutual funds -18 million Checkable deposits -36 million Currency & total reserves at the Fed -12 million Large-tim.

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Cash held by public -7 million
Small-time deposits -30 million
Money market mutual funds -18 million
Checkable deposits -36 million
Currency & total reserves at the Fed -12 million
Large-time deposits -20 million
Demand deposits-14 million
(Table: Statistics for a Small Economy) The table shows some statistics for a small economy.
Using only the information provided, M2 in this country amounts to
A. $105 million.
B. $129 million.
Question 3
The Fed has the most control over
A. M2.
B. money market mutual funds.
C. the monetary base.

Question 4
What is the purpose of the Fed's structure?
A. to keep the private sector out of the monetary policy making arena
B. to keep the power of the Fed dispersed
Question 1
Table: Statistics for a Small Economy
STATISTICS FOR A SMALL ECONOMY
Item
Value in dollars ($)
Cash held by public -7 million
Small-time deposits -30 million
Money market mutual funds -18 million
Checkable deposits -36 million
Currency & total reserves at the Fed -12 million
Large-time deposits -20 million
Demand deposits -14 million
Table: Statistics for a Small Economy) The table shows some statistics for a small economy.
Using only the information provided, M1 in this country amounts to
A. $43 million.
B. $48 million.

Question 2
Table: Statistics for a Small Economy
STATISTICS FOR A SMALL ECONOMY
Item
Value in dollars ($)
Cash held by public -7 million
Small-time deposits -30 million
Money market mutual funds -18 million
Checkable deposits -36 million
Currency & total reserves at the Fed -12 million
Large-time deposits -20 million
Demand deposits-14 million
(Table: Statistics for a Small Economy) The table shows some statistics for a small economy.
Using only the information provided, M2 in this country amounts to
A. $105 million.
B. $129 million.
Question 3
The Fed has the most control over
A. M2.
B. money market mutual funds.
C. the monetary base.

Question 3
The Fed has the most control over
A. M2.
B. money market mutual funds.
C. the monetary base.
Question 3
The Fed has the most control over
A. M2.
B. money market mutual funds.
C. the monetary base.
Question 4
What is the purpose of the Fed's structure?
A. to keep the private sector out of the monetary policy making arena
B. to keep the power of the Fed dispersed
Question 4
What is the purpose of the Fed's structure?
A. to keep the private sector out of the monetary policy making arena
B. to keep the power of the Fed dispersed

Solution
Ans 1
Option (A)
M1= Cash held by public+Checkable deposits
7 million + 36 million = $43 million.
Ans 2.
Option (A)
M2= M1+Small-time deposits -30 million+Money market mutual funds -18 million+ Demand
deposits-14 million
= 43 million + 30 million + 18 million + 14 million
= $105 million
Ans.. 3 (C) Monetary base. Through it, it can increase or decrease the money supply in the
econmy.
Ans 4. (A) Monetary policy is decided through central bank and government.

Question 2 Marathon runner Mariah Li noticed the San Diego Zoo was prohibiting people in motorized wheelchairs from viewing the zoo\'s baby panda and saw nothing wrong with this policy. Tully Smythe, who is wheelchair-bound, saw the notice and felt he was being discriminated against because he could not use his wheelchair to access the panda site. This is an example of: selective perception kinesics faulty closure selective retention defensive biasesa. selective perceptionb. kinesicsc. faulty closured. selective retentione. defensive biases Solution a. Selective perception The reason behind the same is the difference in perception between Marathon runner Mariah and Tully Smythe. The former saw nothing wrong in the policy and the later found it as a discrimination..

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Question 13 of 251.0 Points Accepted characters: numbers, decimal point markers (period or comma), sign indicators (-), spaces (e.g., as thousands separator, 5 000), \"E\" or \"e\" (used in scientific notation). NOTE: For scientific notation, a period MUST be used as the decimal point marker. Complex numbers should be in the form (a + bi) where \"a\" and \"b\" need to have explicitly stated values. For example: {1+1i} is valid whereas {1+i} is not. {0+9i} is valid whereas {9i} is not. A statistics professor has just given a final examination in his statistical inference course. He is particularly interested in learning how his class of 40 students performed on this exam. The scores are shown below. 77 81 74 77 79 73 80 85 86 73 83 84 81 73 75 91 76 77 95 76 90 85 92 84 81 64 75 90 78 7882 78 86 86 82 70 76 78 72 93 What is the mean score on this exam? Place your answer, rounded to two decimal places in the blank. For example, 65.78 would be a legitimate entry. Question 14 of 251.0 Points Accepted characters: numbers, decimal point markers (period or comma), sign indicators (-), spaces (e.g., as thousands separator, 5 000), \"E\" or \"e\" (used in scientific notation). NOTE: For scientific notation, a period MUST be used as the decimal point marker. Complex numbers should be in the form (a + bi) where \"a\" and \"b\" need to have explicitly stated values. For example: {1+1i} is valid whereas {1+i} is not. {0+9i} is valid whereas {9i} is not. In February 2002 the Argentine peso lost 70% of its value compared to the United States dollar. This devaluation drastically raised the price of imported products. According to a survey conducted by AC Nielsen in April 2002, 68% of the consumers in Argentina were buying fewer products than before the devaluation, 24% were buying the same number of products, and 8% were buying more products. Furthermore, in a trend toward purchasing less-expensive brands, 88% indicated that they had changed the brands they purchased. Suppose the following complete set of results were reported. Use the following data to answer this question. Number of Products Purchased Brands Purchased Fewer Same More Total Same 10 14 24 48 Changed 262 82 8 352 Total 272 96 32 400 What is the probability that a consumer selected at random purchased fewer products than before and changed brands? Place your answer, rounded to 4 decimal places, in the blank. Question 15 of 251.0 Points Accepted characters: numbers, decimal point markers (period or comma), sign indicators (-), spaces (e.g., as thousands separator, 5 000), \"E\" or \"e\" (used in scientific notation). NOTE: For scientific notation, a period MUST be used as the decimal point marker. Complex numbers should be in the form (a + bi) where \"a\" and \"b\" need to have explicitly stated values. For example: {1+1i} is valid whereas {1+i} is not. {0+9i} is valid whereas {9i} is not. A school determines that the number of children X in the families who attend the school follows the distri.

Question 13 of 251.0 PointsAccepted characters numbers, decimal p.pdf

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QUESTION 1The Fed has the most control overA. money mark.pdf

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Question 1 Given the financial statements below for Firefly Enterprises, what is the external financing need for a pro forma increase in sales of 16%? Enter your answer as the nearest whole (e.g., 123), but do not include the $ sign. Firefly Enterprises Income Statement ($ Million) 2011 Sales 740 Cost of Goods Sold 452 Selling, General, & Admin Exp. 124 Depreciation 40 Earnings Before Interest & Taxes 124 Interest Expense 24 Taxable Income 100 Taxes at 40% 40 Net Income 60 Dividends 18 Addition to Retained Earnings 42 Balance Sheets as of 12-31 Assets 2010 2011 Cash 20 20 Account Receivable 102 110 Inventory 76 80 Total Current Assets 198 210 Net Fixed Assets 352 410 Total Assets 550 620 Liabilities and Owners Equity 2010 2011 Accounts Payable 62 70 Notes Payable 0 0 Total Current Liabilities 62 70 Long-Term Debt 280 300 Common Stock 34 34 Retained Earnings 174 216 Total Liab. and Owners Equity 550 620 Firefly Enterprises Income Statement ($ Million) 2011 Sales 740 Cost of Goods Sold 452 Selling, General, & Admin Exp. 124 Depreciation 40 Earnings Before Interest & Taxes 124 Interest Expense 24 Taxable Income 100 Taxes at 40% 40 Net Income 60 Dividends 18 Addition to Retained Earnings 42 Balance Sheets as of 12-31 Assets 2010 2011 Cash 20 20 Account Receivable 102 110 Inventory 76 80 Total Current Assets 198 210 Net Fixed Assets 352 410 Total Assets 550 620 Liabilities and Owners Equity 2010 2011 Accounts Payable 62 70 Notes Payable 0 0 Total Current Liabilities 62 70 Long-Term Debt 280 300 Common Stock 34 34 Retained Earnings 174 216 Total Liab. and Owners Equity 550 620 Solution Sales 858.40 Cost of goods sold 524.32 Selling, General, & Admin Exp. 143.84 Depreciation 40 EBIT 294.08 Interest expense 24 Taxable income 270.08 Taxes at 40% 108.032 Net income 162.048 Dividends 18 Addition to retained earnings 144.048 External finance required = total assets – liabilities- owners equity Assets Cash 23.2 Account receivable 118.32 Inventory 88.16 Total current assets 229.68 Net fixed assets 352 Total assets 581.68 Liabilities and owners equity Account payable 71.92 Notes payable 0 Total current liabilities 71.92 Long term debt 280 Common stock 34 Retained earnings 144.048 External finance required =581.68 – 529.968 =51.712 Assumption Sales 858.40 Cost of goods sold 524.32 Selling, General, & Admin Exp. 143.84 Depreciation 40 EBIT 294.08 Interest expense 24 Taxable income 270.08 Taxes at 40% 108.032 Net income 162.048 Dividends 18 Addition to retained earnings 144.048 External finance required = total assets – liabilities- owners equity Assets Cash 23.2 Account receivable 118.32 Inventory 88.16 Total current assets 229.68 Net fixed assets 352 Total assets 581.68 Liabilities and owners equity Account payable 71.92 Notes payable 0 Total current liabilities 71.92 Long term debt 280 Common stock 34 Retained earnings 144.048 External finance required =581.68 – 529.968 =51.712.

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