41) Quantity demanded is a flow variable, which means that it must be expressed A) as so much at a specific moment in time. B) in units of the good per day. C) in units of the good per week. D) in units of the good per year. E) in units of the good per period of time. 42) Refer to Figure 3-1. If […]
41. (p. 33) The system of accounts that records a nation’s international financial transactions is called its: A. trade balance. B. national accounts system. C. EX-IM (exports-imports) account. D. balance of payments. E. exchange rate. 42. (p. 33) Which of the following ensures that balance-of-payments records are always in balance? A. The balance sheet record B. The ledger entry model C. A double-entry bookkeeping system D. A deficit-surplus record system E. An import/export bookkeeping system 43. (p. 33) Which of the following is […]
61) If the real interest rate A) rises, the supply of loanable funds curve shifts rightward. B) rises, the supply of loanable funds curve shifts leftward. C) falls, there is a movement along the supply of loanable funds curve to a higher quantity of saving. D) falls, there is a movement along the supply curve of loanable funds to a lower quantity of […]
21.On January 1, 2015, Simpson Company purchased all of the assets and assumed all of the liabilities of Dobson Company for $400,000. Dobson’s balance sheet showed total assets of $450,000 and total liabilities of $210,000 of this date. An appraiser determined all assets except for land are valued at fair market value. The land is worth $20,000 more than its book value. A.Calculate goodwill […]
31. Regression analysis is a technique used to: A. estimate the step and mixed components of total cost.B. estimate the fixed and variable components of a mixed cost.C. estimate the fixed and variable components of a step cost.D. estimate the fixed and mixed components of step cost. 32. Which of the following statements is true regarding regression analysis? A. It is usually the most accurate technique used to determine equivalent units.B. It is […]
101.Suppose that a worker in Country A can make either 25 bananas or 5 tomatoes each year. Country A has 200 workers. Suppose a worker in Country B can make either 18 bananas or 6 tomatoes each year. Country B has 400 workers. Country B has: A. an absolute advantage in the production of bananas, but not tomatoes. B. an absolute advantage in the production […]
11) Agricultural price supports in the United States A) harm U.S. consumers, U.S. taxpayers, and foreign farmers and creates a deadweight loss. B) benefit U.S. taxpayers, U.S. farmers, and U.S. consumers. C) create gains to U.S. farmers that are at least as large as losses to U.S. consumers. D) decrease the deadweight loss and improve market efficiency. E) None of the above answers is […]
21) If an industry has an HHI of 2,500, the market structure is that of A) a monopoly. B) monopolistic competition. C) an oligopoly. D) perfect competition. E) either monopoly or perfect competition, depending on the existence or absence of barriers to entry. 22) The figure above shows the market demand curve and the ATC curve for a firm. If all firms in […]
11) All of the following statements are true of the minimum efficient scale except one. Which one? A) All possible economies of scale have been exhausted. B) The short-run average total cost curve’s minimum point is equal to the long-run average cost curve’s minimum point. C) Any increase in the scale of operation will encounter diseconomies of scale. D) An increase in the […]
14.2 The Classical View of the Labor Market 1) The shape of the short run aggregate supply curve is impacted by changes in the A) money market. B) labor market. C) goods market. D) financial market. 2) According to ________ economists, the only types of unemployment that exist in an economy are structural and frictional unemployment. A) classical B) Keynesian C) monetarist D) […]
This assessment has two parts both addressing the subject of Time Value Money (TVM). Both parts should be submitted in the same paper. You will be graded on the accuracy of your answers. Cite your work, including your textbooks, use APA.
Part#1 (50 points):
The main TVM problems relating to healthcare are: a) present value of a lump sum b) present value of an annuity stream c) future value of a lump sum d) future value of an annuity stream. Provide an example of each of these TVM problems.
Part#2: (50 points):
1) The Smith family is interested in buying a home. The family is applying for a $200,000 30-year mortgage. Under the terms of the mortgage, they will receive $200,000 today to help purchase their home. The loan will be fully amortized over the next 30 years. Current mortgage rates are 7.5%. Interest is compounded monthly and all payments are due at the end of the month. What is the monthly mortgage payment?
2) Miriam has saved $5,000 and intends to use his savings as a down payment on a new car. After careful examination of his income and expenses, She has concluded that the most he can afford to spend every month on his car payment is $425. The car loan that she uses to buy the car will have an APR of 10%. What is the price of the most expensive car that Henry can afford if he finances his new car for 48 months?
Reference:
Healthcare Finance: An Introduction to Accounting and Financial Management, Fourth Edition
ISBN:9781567932805
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