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The document contains 4 multiple choice questions about economic and monetary topics: 1. Money that has an alternative use as an economic good is commodity money. 2. The FDIC was established to protect the savings of the American people. 3. Continental dollars printed during the Revolutionary War became nearly worthless because too much was printed. 4. When money is easily transferred, it is portable. Raising interest rates will likely result in fewer businesses and individuals applying for loans, decreasing the money supply.

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Question 23
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Money that has an alternative use as an economic good is
Select one:
a. commodity money.
b. fiat money.
c. specie.
d. wampum.
Question 24
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The FDIC was established to
Select one:
a. create a government banking monopoly.
b. protect the savings of the American people.
c. help with the financing of World War II.
d. federalize the banking system.
Question 25
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The problem with Continental dollars, which were printed during the Revolutionary War, was
that
Select one:
a. they were backed by gold and not silver.
b. they were fiat money.
c. they were backed by individual states.
d. so much was printed they became nearly worthless.
Question 26

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When money is easily transferred from one person to another, it is said to be
Select one:
a. accepted.
b. portable.
c. divisible.
d. durable.
Question 27
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Which of the following will most likely happen if interest rates are raised?
Select one:
a. Fewer businesses and private citizens will apply for loans and there will be a general decrease
in the money supply.
b. More private citizens and businesses will apply for loans.
c. Businesses will likely apply for more loans, while private citizens may or may not.
d. The money supply will expand
Solution
Hi,
The correct answers are as follows:
23. commodity money
24. protect the savings of the American people
25. so much was printed they became nearly worthless.
Eplanation: Paper money issued to finance the Revolutionary War. A large volume was printed
to pay soldiers and supplies. So much was printed it made the currency virtually worthless.
26. Portable
27. . Fewer businesses and private citizens will apply for loans and there will be a general
decrease in the money supply

Question 31Which statement does NOT provide an accurate characteri.pdf

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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..

Question 2Marathon runner Mariah Li noticed the San Diego Zoo was .pdf

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question 29E on chapter 2.6. Finding the vecolicy of the car. dont u.pdf

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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 1 Using this 2 x 2 table, determine which of the following is the correct odds ratio. Exposure to variable of interest Existence of Disease designated as case (yes disease) or control (no) Case Control Yes exposed 27 23 50 No not exposed 20 24 44 Total 47 47 94 Answer 3.4 .54 .96 1.4 Question 2 . Which of the following statements about cumulative incidence and/or incidence density is true? Answer Incident density is also called the incidence rate. Both the incidence density and the cumulative incidence use number of people at risk for disease in the denominator, though their numerators are different. The numerator for incidence density is calculated in person-years. Cumulative incidence is usually larger than incidence density since the denominator is smaller. 1 points Question 3 1. Which of the following statements about prevalence and/or incidence is true? Answer You need to know the number of people at risk at the beginning of the year to calculate the prevalence. Incidence is based on a sample, while prevalence is based on a population. Prevalence is an estimate of the true incidence of disease in a population. You need to know the number of people at risk at the beginning of the year to calculate the cumulative incidence for that year. Question 4 Using this table, which of the following is the incidence density of whooping cough in year 2 in the population that was sampled, given that there were 190 people at risk after year 1? Number diagnosed When diagnosed Multiplier based on time of diagnosis Total Person-Years 2 1st quarter .25 .5 4 2nd quarter .50 2 3 3rd quarter .75 2.25 9 4.75 (Hint: Number left contributing 1 person year each is 190 ? 9 = 181) Answer .4% 4.8% .5% 1.9% Question 5 Using this 2 x 2 table, determine which of the following is the correct odds ratio. Exposure to variable of interest Existence of Disease designated as case (yes disease) or control (no) Case Control Yes exposed 34 29 63 No not exposed 31 36 67 Total 65 65 130 Answer .8 1.4 3.8 .5 Question 6 Using these numbers, which of the following is the cumulative incidence in year 2 of flu in the population that was sampled? Year Number at Risk New Cases 1 250 34 2 250 47 Answer 14% 19% 16% 8% Question 7 1. Using these numbers, which of the following is the prevalence of smoking in the population that was sampled? Total number respondents: 80,000 Number of respondents who smoke: 14,243 Answer .2 .17% 17% 7% 1 points Question 8 1. Which of the following statements about cumulative incidence and/or incidence density is true? Answer You cannot calculate either incidence density or cumulative incidence using a sample; you must use the whole population. Incidence density can be calculated using a sample but cumulative incidence cannot. Both incidence density and cumulative incidence can be calculated using a sample of the population. Both types of incidence are parameters, whereas prevalence is a statistic. 1 points Question 9 1. Using this 2 x 2 table, determi.

Question 1Using this 2 x 2 table, determine which of the following.pdf

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QUESTION 1The financial manager is responsible for making decision.pdf

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QUESTION 1 The Fed has the most control over A. money market mutual funds. B. the monetary base. C. M2. D. M1. QUESTION 2 When banks borrow directly from the Fed, the interest rate on those loans is the A. prime rate. B. Federal Funds rate. C. required reserve rate. D. discount rate. QUESTION 3 Moral hazard occurs when A. financial institutions become insolvent because they issued too many loans. B. there are more short-term liabilities than short-term assets. C. financial institutions take on too much risk because they are insured. D. the failure of one financial institution can bring down other institutions as well. QUESTION 4 An increase in money growth will cause inflation to increase in A. neither the short run nor the long run. B. the short run only. C. both the short run and the long run. D. the long run only. QUESTION 5 What is the purpose of the Fed\'s structure? A. to make sure all states are given equal access to monetary policy decisions B. to keep the power of the Fed dispersed C. to keep the private sector out of the monetary policy making arena D. to give the President of the United States as many tools as possible to regulate the economy QUESTION 1 The Fed has the most control over A. money market mutual funds. B. the monetary base. C. M2. D. M1. QUESTION 2 When banks borrow directly from the Fed, the interest rate on those loans is the A. prime rate. B. Federal Funds rate. C. required reserve rate. D. discount rate. QUESTION 3 Moral hazard occurs when A. financial institutions become insolvent because they issued too many loans. B. there are more short-term liabilities than short-term assets. C. financial institutions take on too much risk because they are insured. D. the failure of one financial institution can bring down other institutions as well. QUESTION 4 An increase in money growth will cause inflation to increase in A. neither the short run nor the long run. B. the short run only. C. both the short run and the long run. D. the long run only. QUESTION 5 What is the purpose of the Fed\'s structure? A. to make sure all states are given equal access to monetary policy decisions B. to keep the power of the Fed dispersed C. to keep the private sector out of the monetary policy making arena D. to give the President of the United States as many tools as possible to regulate the economy QUESTION 1 The Fed has the most control over A. money market mutual funds. B. the monetary base. C. M2. D. M1. QUESTION 2 When banks borrow directly from the Fed, the interest rate on those loans is the A. prime rate. B. Federal Funds rate. C. required reserve rate. D. discount rate. QUESTION 2 When banks borrow directly from the Fed, the interest rate on those loans is the A. prime rate. B. Federal Funds rate. C. required reserve rate. D. discount rate. QUESTION 3 Moral hazard occurs when A. financial institutions become insolvent because they issued too many loans. B. there are more short-term liabilities than short-term assets. C. financial .

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

Question 1Table Statistics for a Small EconomySTATISTICS .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.

Question 1Given the financial statements below for Firefly Enterpr.pdf

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