Search & Filtering
Identify he following statements if it's TRUE or FALSE. Then explain why.
1. Most research in economics also use quantitative methods for this delas with the production, distribution, and consumption of goods and services, so much of the information covered in economics is numerical.
2. Quantitative methods are also used in environmental studies. It is useful for measuring and studying environmental issues such as the depletion rate of forest covers, the impacts of increasing greenhouse gases, the effects of dynamite fishing on environment, among others.
The Ministry of Education wants to know whether entrepreneurial education affects
students’ decision to start a business rather than seeking for employment.
(a) Construct a research question based on the scope.
(b) Develop a suitable economic model with at least three independent variables.
(c) Based on (b), define how you measure the variables and construct an econometric
model which contains an error term or disturbance.
(d) Give reasons as to why the random error exists.
(e) If data is non-parametric, what technique or test will you consider?
The Ministry of Industry and Trade wants to review the Youth Entrepreneurial Scheme (YES) implemented by the Ministry some five years ago. (a) Develop a research question to address the impact of the programme in the national income, export trade, local employment and GDP growth. (b) Outline your dependent variable (DV) and the independent variables (IV) from the research question. (c) Construct a simple economic model and econometric model and identify the parameters to be estimated
A company is considering two four-year capital expenditure proposals for similar products, only one of which can be accepted. The available information is;
PA. PB
initial investment 46000. 46000
profit year 1. 6500. 4500
profit year 2. 3500. 2500
profit year 3 13500. 4500
year 4. (loss) (1500). Profit(14500)
estimated scrap value
end year; 44000. 4000
depreciation is charged on the straight line basis. The company estimates its cost of capital at 20% p.a.
REQUIRED;
For each proposal A and B, calculate:
-the payback period
-the average rate of return on initial investment
-net present value
- what are the advantages of each method
- what impact can inflation have on investment capital
Black and Blue, Inc., overlooked $100,000 of inventory at the end of the current year because it was stored temporarily in a warehouse owned by another company. Before discovering this error, the company’s income statement showed the following:
Sales . . . . . . . . . . . . . . . . . . . . . . $990,000
Cost of goods sold . . . . . . . . . . (560,000)
Gross profit . . . . . . . . . . . . . . . $430,000
Required:
Restate these figures to reflect the inclusion of the overlooked inventory.
Explain the impact of the 2007-2009finacial crisis on international bank lending
Why is corporate governance in banks more complicated than other types of firms?
