The global economy continues along its low-growth path, but there are a
number of bright spots. In the U.S., despite the political uncertainty, a
strengthening consumer is driving strongerr growth. A large fiscal
stimulus under the new administration could well provide another boost
to the U.S. economy. And in many emergingg marketss the rebound that began
in 2016 appears to have momentum, supported by higher commodities
prices and structural reforms. Europe remains challenged by uncertainty
about the future of the European Union, low growth and high
unemployment.
Answer:
- A. The data in D3 is skewed right.
- B. Three quarters of the data values for D2 are greater than the median value for D1 .
- E. At least a quarter of the data values for D3 are less than the median value for D2 .
Explanation:
A Box Plot can be interpreted as follows;
The first point on the line is the minimum value.
The first end of the box is the First Quartile of the data range.
The next line is the Median.
The last end of the box is the Third Quartile.
The last point on the line is the maximum value.
Most of D3 lies on the right side of Median so it is skewed right.
The First Quartile of D2 is more than the Median of D1 which means that 3 quarters of D2 (first quartile to the maximum value) are greater than the median of D1.
D2's Median value is greater than the Third Quartile of D3 which means that more than just a quarter of D3 falls below D2's Median so option E is correct.
Answer:
The capital gain of the TIPS in dollars is $27.69
Explanation:
Given
CPI = 200.5 (Beginning of the Year)
CPI = 195.4 (End of the year)
% = 2.75
CPI Reference = 184.2
CPI Reference of 184.2 = $1,000 rate
Capital Gain is calculated by the difference in value at the end of the year value and at the beginning of the year.
End of the year value = 200.5/184.2 * ($1000)
End of the year value = $1088.49
Beginning of the year value =
= 195.4/184.2 * ($1,000)
Beginning of the year value = $1060.80
Capital Gain =$1,088.49 - $1,060.80
Capital Gain = $27.69
Lynch Company manufactures and sells a single product. The following costs were incurred during the company's first year of operations:
Variable costs per unit:
Manufacturing:
Direct materials $ 6
Direct labor $ 9
Variable manufacturing overhead $ 3
Variable selling and administrative $ 4
Fixed costs per year:
Fixed manufacturing overhead $ 300.000
Fixed selling and administrative $ 190.000
During the year, the company produced 25,000 units and sold 20,000 units. The selling price of the company's product is $50 per unit.
The four steps of writing an income declaration are: to identify sources of sales, in addition to profits from investments, for an instance pick out business enterprise prices and losses incurred over the same period. Consolidate sales, charges, profits, and losses by means of category, payee, or some other factor.
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Answer:A. Leontief assumed that U.S. and foreign technologies were the same, while the Heckscher-Ohlin model assumes they are different
B. Leontief ignored land abundance in the United States
D. Leontief’s test distinguished between skilled and unskilled labor, but ignored capital.
Explanation:Leontief paradox is a Russian-American economist, his work was based on the work of Wassily W. Leontief he attempted to test the Heckscher–Ohlin theory ("H–O theory") empirically.
in economics tries to explain that a country with a higher capital per worker has a lower Capital per labor ratio in export than when compared to Import.
LEONTIEF IGNORED THE ABUNDANCE OF LAND IN MAKING HIS ASSUMPTIONS
HE ALSO CLASSIFIED THE U.S TECHNOLOGY AND OTHERS AS THE SAME WHICH IS NOT IN LINE WITH THE H-O MODEL ASSUMPTION.
LEONTIEF THEORY IGNORED CAPITAL DURING HIS TEST.