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# Order the answer to: From 1962 to 1965, federal spending on nondefense-related education and

Posted By George smith

Question
From 1962 to 1965, federal spending on nondefense-related education and training rose from \$9.6 billion to \$19.5 billion, while from 2001 to 2004, it rose from \$178.4 billion to \$217.5 billion. Given that the CPI (in January) was 30.0 in 1962, 31.2

# Order the answer to: Consider a one-year project that costs \$126,000, provides an income

Posted By George smith

Question
Consider a one-year project that costs \$126,000, provides an income of \$70,000 a year for 5 years, and costs \$225,000 to dispose of at the very end of the fifth year. Assume that the first payment comes at the start of the

# Order the answer to: Table 6.1 from the 2004 federal budget’s historical tables (https://www.whitehouse.gov/sites/default

Posted By George smith

Question
Table 6.1 from the 2004 federal budget’s historical tables (https://www.whitehouse.gov/sites/default/files/omb/budget/fy2004/pdf/hist.pdf) shows how the main categories of federal outlays have changed from 1940 to 2008 (projected). Where have the biggest changes over time occurred? Where are the biggest changes from 2004 to 2008

# Order the answer to: A health study in England surveyed people from 1972 to

Posted By George smith

Question
A health study in England surveyed people from 1972 to 1974 and then followed up on them 20 years later. In the original sample, 44% of women were smokers, but only 19% of women over the age of 65 were smokers. At

# Order the answer to: Your state introduced a tax cut in the year 2007.

Posted By George smith

Question
Your state introduced a tax cut in the year 2007. You are interested in seeing whether this tax cut has led to increases in personal consumption within the state.
You observe the following information:

# Order the answer to: Draw the demand curve Q = 250 ? 10P. Calculate

Posted By George smith

Question
Draw the demand curve Q = 250 ? 10P. Calculate the price elasticity of demand at prices of \$5, \$10, and \$15 to show how it changes as you move along this linear demand curve.

Subject

# Order the answer to: You have \$4,000 to spend on entertainment this year (lucky

Posted By George smith

Question
You have \$4,000 to spend on entertainment this year (lucky you!). The price of a day trip (T) is \$40 and the price of a pizza and a movie (M) is \$20. Suppose that your utility function is U(T,M) = T3/4M1/4.

# Order the answer to: Assume that the price of a bus trip is \$1,

Posted By George smith

Question
Assume that the price of a bus trip is \$1, and the price of a gallon of gas is \$2.50. What is the relative price of a gallon of gas, in terms of bus trips? What happens when the price of a

# Order the answer to: In 1995, Global Oil Corporation’s Marketing and Refining (M&R) Division

Posted By George smith

Question
In 1995, Global Oil Corporation’s Marketing and Refining (M&R) Division was the fifth largest U.S. refiner with 7,700 Global-branded service stations selling about 23 million gallons per day, or 7 percent of the nation’s gasoline. All the service stations are company owned.

# Order the answer to: I received the following email from a former student. I hope

Posted By George smith

Question
I received the following email from a former student.
I hope you are doing well.
I took your Managerial Accounting class ten years ago and have a question on how to do costing in a service-based business. Currently, I am