Math - Others Questions

Answer the following questions about the numbers 217 837 217 838 217 839 217 840 and 217 841 a What is the mean b What is the standard deviation Round your answer to two decimal places

The following chart shows the most popular choices for a girl s name In a certain group each person was asked to vote for one name and the results are shown If an answer does not exist enter DNE Number 9 9 7 6 1 Find the mean the median and the mode for the number of votes mean median mode Names Emma Oliva Sophia Ava Isabella

men a person in California renews the registration for an automobile the bar graph shown below is included with the bill BAC Zones 90 to 109 lbs TOTAL DRINKS 110 to 129 lbs TOTAL DRINKS 130 to 149 lbs TOTAL DRINKS TIME FROM 1st DRINK 2345678123456781234567812345678 1 hr 2 hrs 3 hrs 4 hrs 190 to 209 lbs TOTAL DRINKS BAC Zones 170 to 189 lbs 210 to 229 lbs TOTAL DRINKS TIME FROM 1st TOTAL DRINKS DRINK 1 2 3 4 5 6 7 8123456781234567812345678 1 hr 2 hrs 3 hrs 4 hrs SHADINGS IN THE CHARTS ABOVE MEAN 01 04 Seldom illegal 150 to 169 lbs TOTAL DRINKS 05 09 May be illegall 05 09 Illegal if under 18 yrs old 230 lbs up TOTAL DRINKS 10 Up Definitely illegal Use this bar graph to answer the question The following statement is included with the graph There is no safe way to drive after drinking These charts show that a few drinks can make you an unsafe driver They show that drinking affects your BLOOD ALCOHOL CONCER BAC The BAC zones for various numbers of drinks and time periods are printed in white gray and red HOW TO USE THESE CHARTS First find the chart that includes your w example if you weigh 160 lbs use the 150 to 169 chart Then look under Total Drinks at the 2 on this 150 to 169 chart Now look below the 2 drinks in the row for 1 your BAC is in the gray shaded zone This means that if you drive after 2 drinks in 1 hour you could be arrested In the gray zone your chances of having an accident are 5 time you had no drinks But if you had 4 drinks in 1 hour your BAC would be in the red shaded area and your chances of having an accident 25 times higher Suppose that you weigh 115 pounds and that you have four drinks in 3 hours If you then drive how much more likely are you to have an accident than if you had refrained from drinkin times

The county fair reported the following total attendance in thousands 2012 2011 2010 2009 2008 2007 Attendance 350 361 355 366 375 349 Find the mean median and mode for the attendance figures rounded to the nearest thousand If an answer does not exist enter DNE mean thousand people thousand people median mode thousand people Year

Find the range and the standard deviation correct to two decimal places 775 776 777 778 779 range standard deviation

G Thumb the leading salesperson for the Moe D Lawn Landscaping Company turned in the following summary of sales for the week of October 23 28 Date No of Clients Oct 23 12 Oct 24 8 11 16 11 20 Find the mean median and mode If an answer does not exist enter DNE mean clients clients clients median mode Oct 25 Oct 26 Oct 27 Oct 28

A population numbers 12 000 organisms initially and grows by 8 each year Suppose P represents population and t represents the number of years of growth An exponential model for the population can be written in the form P ab where P Question Help Video 1 Video 2

Introduction to Exponential Functions According to the Mini Lesson which of the following are TRUE regarding f x a b Check all that apply Assume a 0 The Horizontal Asymptote is the line 0 The Horizontal Asymptote is the point 0 a The Range of the exponential functions is f x 0 The Domain of the exponential functions is All Real Numbers The Horizontal Asymptote is the line y 0 The Range of the exponential functions is All Real Numbers The Domain of the exponential functions is a 0

Question 1 Draw the graph of f z 3 2 10 9 6 5 10 9 8 7 6 5 4 3 2 1 B 2 1 2 s523 3 4 5 6 7 co 1 2 3 4 5 6 7 8

A machine with a cost of 62 400 has an estimated residual value of 4 687 and an estimated life of 5 years or 15 857 hours What is the amount of depreciation for the second full year using the double declining balance method O a 14 976 00 O b 12 480 00 O c 23 085 20 O d 24 960 00

TASK 1 FENCING PART A Here is a sketch of your backyard 24 65 ft Work Space 14 8 ft How much fencing will you need Backyard 24 65 ft 14 8 ft buy Find the perimeter using ADDITION Show your work Circle and Label your answer

A machine costing 28 125 with a 5 year life and 1 700 residual value was purchased January 2 Compute depreciation for each of the 5 years using the double declining balance methoc Year Depreciation Year 1 Year 2 Year 3 Year 4 Year 5

Test the given claim using the traditional method A public bus company official claims that the mean waiting time for bus number 14 during peak hours is less than 10 minutes Karen took bus number 14 during peak hours on 18 different occasions Her mean waiting time was 7 5 minutes with a standard deviation of 1 6 minutes At the 0 01 significance level test the claim that the mean is less than 10 minutes O There is sufficient evidence to support the claim that the mean is less than 10 minutes O There is sufficient evidence to warrant rejection of the claim that the mean is less than 10 minutes O There is not sufficient evidence to support the claim that the mean is less than 10 minutes O There is not sufficient evidence to warrant rejection of the claim that the mean is less than 10 minutes

Let p and q represent the following simple statements p You are human q You have tusks Write the following compound statement in symbolic form You do not have tusks if you are human The compound statement written in symbolic form is

Let p and q represent the following simple statements p This is a kiwi q This is a fruit Write the following compound statement in symbolic form If this is not a kiwi then this is not a fruit The compound statement written in symbolic form is

Tent Master produces Pup tents and Pop up tents The company budgets 318 000 of overhead cost and 53 000 direct labor hours Additional information follows Per Unit Pup tent Pop up tent Selling Price Direct Materials 24 27 88 83 Required 1 Compute a single plantwide overhead rate assuming the company allocates overhead cost based on 53 000 direct labor hours 2 Pup tents use 4 direct labor hours DLH per unit and Pop up tents use 3 direct labor hours per unit Compute the overhead cost per unit for each product Pup tent Direct Labor 49 31 3 Compute the product cost per unit for each product 4 For each product compute the gross profit per unit selling price per unit minus the product cost per unit Complete this question by entering your answers in the tabs below Required 1 Required 2 Required 3 Pup tents use 4 direct labor hours DLH per unit and Pop up tents use 3 direct labor hours per unit Compute the overhead cost per unit for each product Required 4 Plantwide Overhead Rate Direct Labor Hours per Unit Overhead Cost per Unit per unit my wor

2 Find the perimeter 3 Find the volume 4 Find the area 5 Find the perimeter

ok t ces Hydro Sports budgets overhead cost of 570 000 for the year of this amount 304 000 is traceable to the Assembly department and 266 000 is traceable to the Finishing department The company manufactures two types of jet skis standard and deluxe Budgeted direct labor hours for the standard model are 7 in Assembly and 1 in Finishing Budgeted direct labor hours for the deluxe model are 9 in Assembly and 3 in Finishing The company budgets production of 190 units of the standard model and 190 units of the deluxe model for the year 1 Compute each department s total number of budgeted direct labor hours for the year 2 Compute departmental overhead rates for each department using direct labor hours for that department 3 Compute overhead cost per unit for each model using departmental overhead rates Actual direct labor hours for the standard model are 7 in Assembly and 1 in Finishing Actual direct labor hours for the deluxe model are 9 in Assembly and 3 in Finishing Complete this question by entering your answers in the tabs below Required 1 Required 2 Compute each department s total number of budgeted direct labor hours for the year Finishing Department Assembly Department DLHS per Unit Total Hours DLHS per Unit Total Hours Standard Deluxe Totals Check my work Required 3 Number of Units

Which sets of ordered pairs represent linear relations Explain your answers a 1 5 5 5 9 5 13 5 b 1 2 1 4 1 6 1 8 c 2 3 1 2 2 1 4 3

7 This graph shows the volume of water in Liam s flask as he hikes the Trans Canada trail Water in Liam s Flask Volume L 2 0 215 1 0 0 5 0 00 8 Distance km 12 16 20 C a Describe what is happening for each line segment of the graph b How many times did Liam fill his flask c How much water was in Liam s flash start of his hike d Identify the denon nt and indener

Textra produces parts for a machine manufacturer Parts go through two departments Molding and Trimming The company budgets overhead cost of 246 250 in the Molding department and 206 250 in the Trimming department The company budgets 16 000 machine hours MH in Molding and 25 000 direct labor hours DLH in Trimming Actual production information follows Part 2 Part X Totals Number of Units 3 000 4 000 Molding Department Hours per Unit 2 0 MH per unit 2 5 MH per unit Total Hours 6 000 MH 10 000 MH 16 000 MH Required 1 Required 2 Complete this question by entering your answers in the tabs below Trimming Department Hours per Unit 3 DLH per unit 4 DLH per unit Total Hours 9 000 DLH 16 000 DLH 25 000 DLH Required 1 Compute a departmental overhead rate for the Molding department based on machine hours and a departmental overhead rate for the Trimming department based on direct labor hours 2 Determine the overhead cost per unit for each part using the departmental rates Check my worl Compute a departmental overhead rate for the Molding department based on machine hours and a departmental overhead rate for the Trimming department based on direct labor hours

k ces Shakti Company budgets overhead cost of 84 000 for the year The company reports the following for its standard and deluxe models Cost per Unit Direct materials Direct labor Standard 10 16 1 Compute a single plantwide overhead rate assuming the company allocates overhead cost based on 7 000 direct labor hours 2 The standard model uses 2 direct labor hours per unit and the deluxe model uses 3 direct labor hours per unit Compute overhead cost per unit for each model 3 Compute the total product cost per unit for both models Required 1 Required 2 Deluxe 21 25 Complete this question by entering your answers in the tabs below Select Numerator Required 3 Compute a single plantwide overhead rate assuming the company allocates overhead cost based on 7 000 direct labor hours

18 This graph shows the profit P dollars on a company s sale of n baseball caps Profit S 2400 1600 800 0 800 P f n n 200 400 600 Number sold a How many baseball caps have to be sold before the company begins to make a profit b What is the profit on the sale of each baseball cap c How many caps have to be sold to make each profit i 600 ii 1200 d In part c when the profit doubles why does the number of baseballs caps sold not double

Determine whether or not the sentence is a statement It takes more calories to eat a piece of celery than the celery has in it initially Is the given sentence a statement A No because the sentence can be both true and false simultaneously B Yes because the sentence is always true C Yes because the sentence can be either true or false but not both simultaneously OD No because the sentence is always false

9 Which of these graphs represents a function Justify your answer Write the domain and range for each graph a Heights and Ages of 8 Students Height cm 180 Number of bicycles 170 160 13 15 17 Age years b Number of Bicycles at School 30 20 8 10 05 0 08 00 16 00 Time

3 S Book Print erences Wess Company has limited capacity and can produce either its standard product or its deluxe product Additional information follows Standard 66 Per Unit Selling price Direct materials Direct labor 33 23 Required 1 Required 2 1 Using a single plantwide rate the company computes overhead cost per unit of 18 for the standard model and 23 for the deluxe model Which model should the company produce Hint Compute product cost per unit and compare that with selling price to get gross profit per unit 2 Using activity based costing the company computes overhead cost per unit of 2 for the standard model and 49 for the deluxe model Which model should the company produce Hint Compute product cost per unit and compare that with selling price per unit to get gross profit per unit Complete this question by entering your answers in the tabs below Deluxe 102 38 28 Using a single plantwide rate the company computes overhead cost per unit of 18 for the standard model and 23 for the deluxe model Which model should the company produce Hint Compute product cost per unit and compare that with selling price to get gross profit per unit Note A negative gross profit should be indicated with a minus sign Product cost per unit Direct materials Clenderd 33 Direct Labor 23 Check my work Overhead Product Cost per unit

If possible find polynomials f x and g x so the graph of y f x g x has the following characteristics Vertical asymptotes at x 2 and x Horizontal asymptote y 1 Continuous for all x 2 1 f x 1 and g x

0 For the graphs below a What does each graph represent b Identify the independent and dependent variables c Write the domain and range for each graph Estimate when necessary Are there any restrictions on the domain and range Explain d Why are the points joined on one graph but not on the other i Graph A V Volume of jar cm 1500 1100 700 300 0 10 20 Height of jar cm h ii Number of marbles Graph B 60 50 40 30 20 10 0 10 h 20

17 These graphs show the temperature T degrees Celsius as a function of time t hours Match each graph with its vertical intercept and rate of change a c Temperature C Temperature C 2 0 2 4 2 0 N T f t Time h i 3 C C h 3 ii 3 C 3 C h Time h T g t 380 3900 b Temperature C 2 6 N T k t Time h 2

3 Which sets of ordered pairs represent functions What strategies did you use to find out a 4 3 4 2 4 1 4 0 b 2 4 2 4 3 9 3 9 c 2 8 3 12 4 16 5 20 d 5 5 5 5 5 5 5 5

5 1 1 This table shows some Northwest Coast artists and their cultural heritage Artist Bob Dempsey Dorothy Grant Bill Helin John Joseph Judith P Morgan Bill Reid Susan Point Heritage Tlingit Haida Tsimshian Squamish Gitxsan Haida Salish a Describe the relation in words b Represent this relation i as a set of ordered pairs ii as an arrow diagram 2 Here is a list of some chemical elements and their atomic numbers hydrogen 1 oxygen 8 iron 26 chlorine 17 carbon 6 silver 47 For each association below use these data to represent a relation in different ways a has an atomic number of b is the atomic number of 5 2 3 Which sets of ordered pairs represent functions What strategies did you use to find out a 4 3 4 2 4 1 4 0 b 2 4 2 4 3 9 3 9 c 2 8 3 12 4 16 5 20 d 5 5 5 5 5 5 5 5 4 Write in function notation a y 4x 9 c D 20t 150 b C 12n 75 d P 4s 5 The function P n 5n 300 describes the profit P dollars for a school dance when n students attend a Write the function as an equation in 2 variables b Identify the independent variable and the dependent variable Justify your choices c Determine the value of P 150 What does this number represent d Determine the value of n when P n 700 What does this number represent 5 3 6 a Laura cycles home from school then walks back to school Which graph best matches this situation Explain your choice Graph A Graph B Distance to Laura s Distance to Laura s Volume L 2 0 3 15 asnoy 1 0 asnoy 0 Time 0 5 Graph C Time 1980 Distance to Laura s b Choose one of the graphs in part a that did not describe Laura s journey Describe a possible situation for the graph Distance to Laura s 7 This graph shows the volume of water in Liam s flask as he hikes the Trans Canada trail Water in Liam s Flask Distance km asnoy asnou Time 12 16 20 Graph D Time a Describe what is happening for each line segment of the graph b How many time did Liam fill hic flack

8 Multinational Enterprises as a Source of Conflict Complete the following paragraph to explain the effect of multinational enterprises on a host nation s economy Assume a large brewing company based in Ireland where the corporate tax is 37 decides to relocate some production of refractometers to Cuba where the corporate tax is 8 If the parent company from Ireland purchases refractometers from its subsidiary in Cuba at grossly inflated prices the result is a impact on Cuba s economy and a impact on Ireland s economy As a result the governments of Ireland regarding the Irish subsidiary locating in Cuba and Cuba are likely to experience Now assume that a major national election takes place in Cuba As a result the Aquamarine party has come to power Assume that the Aquamarine party s main political stance is redistribution of all brewing profits through increased corporate taxes Based on this knowledge of the Aquamarine party s politics businesses in Ireland are likely to the election of the Aquamarine in Cuba Which of the following are the most likely courses of action for Irish brewing businesses with operations in Cuba as a result of the Aquamarine party rising to power Check all that apply The brewing businesses will shift a larger portion of their production to Cuba Over concerns of expropriation the brewing businesses will attempt to interfere with Cuban politics More businesses in the brewing industry will locate multinational enterprise operations in Cuba The brewing businesses will withdraw operations from Cuba The brewing businesses will take no action to engage in Cuban politics

0 0141 A particular type of bacteria is found to be capable of doubling in number about every 48 5 minutes The number N of bacteria present after t minutes could be modeled by N t Noe that No 500 000 is the initial number of bacteria per milliliter Complete parts a and b below a Approximate the number of bacteria per milliliter after 4 hours After 4 hours there are approximately 14 395 000 bacteria per milliliter Round to the nearest thousand as needed b Estimate graphically the elapsed time when there are 11 million bacteria per milliliter U of There are 11 million bacteria per milliliter after approximately minutes Round the final answer to the nearest integer as needed Round all intermediate values to the nearest thousandth as needed S Su

11 39 Use the following selected information from Carleton Incorporated to determine the Year 1 and Year 2 trend percentages for cost of goods sold using Year 1 as the base Net sales Cost of goods sold Operating expenses Net earnings Multiple Choice Year 2 276 700 151 800 55 140 28 120 65 2 for Year 2 and 64 6 for Year 1 36 3 for Year 2 and 41 0 for Year 1 54 9 for Year 2 and 56 0 for Year 1 Year 1 231 500 129 690 53 140 19 920

1 nts 01 11 56 Use the following selected information from Corolla to determine the Year 1 and Year 2 trend percentages for net sales using Year 1 as the base Net sales Cost of goods sold Operating expenses Net earnings Multiple Choice Year 2 279 200 151 300 54 640 28 620 36 1 for Year 2 and 40 4 for Year 1 120 3 for Year 2 and 100 0 for Year 1 54 2 for Year 2 and 56 1 for Year 1 Save Exit Year 1 232 000 130 190 52 640 20 420

Great Start Preschool operates a not for profit morning preschool Each family pays a nonrefundable registration fee of 105 per child per school year Monthly tuition for the nine month school year varies depending on the number of days per week that the child attends preschool The monthly tuition is 105 for the two day program 120 for the three day program 140 for the four day program and 165 for the five day program The following enrollment has been projected for the coming year Click the icon to view the enrollment data Great Start Preschool Budgeted Revenue For Year Ended Monthly tuition revenue 2 day program 3 day program 4 day program 5 day program Total monthly tuition Months of operations Total tuition revenue Registration fee revenue Lunch Bunch revenue Total revenue CS In addition to the morning preschool Great Start Preschool offers a Lunch Bunch proga where kids have the option of staying an extra hour for lunch and playtime The presch charges an additional 3 per child for every Lunch Bunch attended Historically half of children stay for Lunch Bunch an average of 15 times a month Requirement Calculate Great Start Preschool s budgeted revenue for the school year Data table Two day program Three day program Four day program Five day program Print 72 children 46 children 64 children 30 children Done X

O 2 points 01 14 39 17 300 13 200 Multiple Choice 20 500 halysis and Managerial Acc Google Question 5 Home X M Question 7 Home X ml con con external browser 0 launchUrl https 253A 252F 252Fims mhe MB Body Con Dre Use the cost information below for Laurels Company to determine the total manufacturing costs during the current year G Google Direct materials used Direct labor used Total factory overhead Work in process inventory beginning Work in process inventory ending G Google w Help 5 600 7 600 5 700 3 600 5 200 Saved BUSI310 Princip Learning to Read f W Wikipedi

Managerial Accounting Assignment Check my work mode This shows what is correct or incorrect for the work you have completed so far It 13 1 Required information 2 Compute the total conversion costs for both Garcon Company and Pepper Company Complete this question by entering your answers in the tabs below Required 1 Required 2 Compute the total prime costs for both Garcon Company and Pepper Company Garcon Company Direct materials used Direct labor Factory overhead Answer is complete but not entirely correct X S Pepper Company 44 200 23 200 65 900 X 67 400 52 000 X 9 100 X 61 100 85 700 X

The crunch to come Social security taxes were raised to build a surplus Mey paid into the system has been greatly exceeding benefits since 1983 Scale in billions of dollars 1 1 1960 65 70 20 billion O 50 billion O 100 billion Collected 1 75 out of money by the year 2036 Scale in billions of dollars I 80 But the baby boomers will break the bank By one government projection the Social Security system will be paying out more than it is taking in by 2015 and the trust fund will run 1 85 Paid out 90 300 250 1 I I 1 1 1995 00 05 10 15 20 25 30 35 200 150 100 50 0 5 000 4 000 3 000 2 000 1 000 0 These taxes have increased at a faster rate than the federal income tax Federal taxes treated as if they were equal in 1982 1982 100 Social Security and Medicare Income tax Because there will be fewer workers to tax 200 150 100 1 1 80 81 82 83 84 85 86 87 88 89 90 91 92 est 50 How many workers pay into Social Security for each person getting benefits 3 7 3 2 3 4 3 2 2 9 2 4 2 0 2 0 1970 1980 1990 2000 2010 2020 2030 2040 at is the difference between the amount of money collected from Social Security taxes and the amount paid out in 1992 10 billion

How will the following transactions affect the U S balance of payments For each transaction in the following table indicate in which U S account it appears as a credit and in which account it appears as a debit Transaction Miguel a U S resident buys an HDTV set for 2 500 and sends it to Mexico as a gift to his parents Arielle a French tourist stays at a hotel in San Francisco and pays 400 for it with her debit card issued by a French bank A U S computer manufacturer purchases hard drives from a South Korean company paying the funds from its bank account in South Korea Account with Credit Capital Current Financial Account with Debit

bok int int ences Cash Accounts receivable net 1 Compute the total prime costs for both Garcon Company and Pepper Company 2 Compute the total conversion costs for both Garcon Company and Pepper Company Required 1 Required 2 29 000 13 200 Complete this question by entering your answers in the tabs below 386 570 22 200 24 200 Total conversion costs Compute the total conversion costs for both Garcon Company and Pepper Company Pepper Company Garcon Company

A particular type of bacteria is found to be capable of doubling in number about every 48 5 minutes The number N of bacteria present after t minutes could be modeled by N t Noe0 014t Suppose that No 500 000 is the initial number of bacteria per milliliter Complete parts a and b below a Approximate the number of bacteria per milliliter after 4 hours After 4 hours there are approximately bacteria per milliliter Round to the nearest thousand as needed XXXB

Use the hypothetical information in the following table to answer the questions that follow Country Currency Canada dollar Eurozone euro Japan yen United Kingdom pound United States dollar Currency Symbol C or EUR On May 1 2016 Per Per 1 26 1 622 0 777 104 8 0 524 Currency The Canadian dollar against the U S dollar The U S dollar against the Japanese yen The British pound against the euro Exchange Rates The U S exchange rate against the British pound on May 1 2017 was Appreciated Over the period of May 1 2016 to May 1 2017 the U S dollar against the Canadian dollar by On May 1 2017 Per Per 1 118 0 792 134 9 0 675 0 548 1 287 113 9 1 412 Using information from the previous table indicate whether each currency listed in the following table appreciated or depreciated against another currency between May 1 2016 and May 1 2017 Depreciated 143 8 0 693 1 263 per pound against the euro by The euro

7 ints Cash Account Merchandise inventory Raw materials inventory Work in process inventory Finished goods inventory Accounts receivable net Prepaid expenses Req 1 Company 1 7 000 44 250 Req 2A 41 250 30 000 50 000 80 000 800 1 Identify which set of numbers relates to the manufacturer and which to the merchandiser 2a 2b Prepare the current asset section of the balance sheet at December 31 for each company Req 2B Company 2 5 000 64 000 4 000 Complete this question by entering your answers in the tabs below Answer is complete but not entirely correct Prepare the current asset section of the balance sheet at December 31 for Company 1 Current Assets Section of Balance Sheet December 31 R

or equa to half 8 Determine which letter best represents an equivalent fraction A B 9 15 2 16 C 3 5

1 Find the number that makes an equivalent fraction 5 CL 10 80 3 Use or to compare the fractions 5 11 8 12 5 Use or to compare the fractions 4 3 12 m 00 2 Find the number that makes an equivalent fraction 3 7 42 11 4 Determine if the fraction shown is less more or equal to half 3 12 6 Determine if the fraction shown is less more or equal to half 2

On May 17 Shen an American investor decided to buy three month Treasury bills He found that the per annum interest rate on three month Treasury bills is 8 00 in New York and 12 00 in London Great Britain Based on this information and assuming that tax costs and other transaction costs are negligible in the two countries it is in Shen s best interest to purchase three month Treasury bills in because it allows him to earn more for the three months On May 17 the spot rate for the pound was 1 510 and the selling price of the three month forward pound was 1 508 At that time Shen chose to ignore this difference in exchange rates In three months however the spot rate for the pound fell to 1 450 per pound When Shen converted the investment proceeds back into U S dollars his actual return on investment was As a result of this transaction Shen realizes that there is great uncertainty about how many dollars he will receive when the Treasury bills mature So he decides to adjust his investment strategy to eliminate this uncertainty What should Shen s strategy be the next time he considers investing in Treasury bills Avoid investment in foreign institutions T Contract in the forward market to sell the foreign currency in the amount of the proceeds from the investment Exchange half of the anticipated proceeds of the investment for domestic currency Had Shen used the covered interest arbitrage strategy on May 17 his net return on investment relative to purchasing the U S Treasury bills in British three month Treasury bills would be Note Assume that the cost of obtaining the cover is zero

Consider a bundle of consumer goods that costs 100 in the United States The same bundle of goods costs 300 in Malaysia Holding constant the cost of the bundle in each country compute the real exchange rates that would result from the two nominal exchange rates in the following table Cost of Bundle in U S Dollars 100 100 Cost of Bundle in Malaysia Ringgit 300 300 Nominal Exchange Rate Ringgit per dollar 4 50 12 00 Real Exchange Rate Bundles of Malaysian goods per bundle of U S goods

Suppose the selling price of the three month forward British pound is 1 5134 per pound and the spot price is 1 5139 per pound Complete the ollowing formula for the per annum percentage premium or discount to calculate what the pound is worth in the three month forward market herefore the British pound is at a ne spot market against the U S dollar because it is worth in the three month forward market than in

3 Current financial and capital accounts Consider the following table showing hypothetical balance of payments data for the United States Complete the table by selecting the correct value for each missing entry Current Account U S merchandise exports U S merchandise imports Merchandise trade balance U S service exports U S service imports Services balance Goods and services balance Net investment income from abroad Net unilateral transfers Current account balance Capital and Financial Account Change in U S owned assets abroad Change in foreign owner assets in the U S Capital and financial account balance Statistical discrepancy Trade balance Balance of Payments Billions of dollars 70 67 70 were 2 8 40 42 According to the table the United States is running a trade 35 38 30 Suppose an American business owner purchases chocolates from Belgium in order to sell them in her shops This would be entered as a item under the section of the U S current account 0 The current account balance suggests that U S current account transactions created outpayments of foreign currencies from the United Sta the inpayments of foreign currencies to the United States Any surplus or deficit in one account must be offset by deficits or surpluses in other balance of payments accounts Because the current ac the excess of foreign currency held by Americans must either be loaned to foreigners or used to buy foreign stocks or bond