Final Exam Biology Assignment Example | Topics and Well Written Essays - 2750 words

Final Exam Biology - Assignment Example The primary consumers will have all the energy from the sun and synthesize nutrients. These nutrients will be used by each level with little being passed to the next trophic level hence the biomass will decrease. Considering the concept of ecological efficiency, only about ten per cent of the nutrients and energy passed to a given trophic level will be utilized. Therefore, that will be lost with the one in the next trophic level being smaller by ten percent. This is the main reason why the pyramid will rarely have more than seven trophic levels. The acacia ants live in the thorns. The acacia produce the substance that the ants use for food. On the other hand, the ants defend the acacia from herbivores by stinging them. Therefore, when the ants were removed, the acacia left could have been destroyed by herbivores with their height remaining limited. The ants also prune other plants that grow under the acacia making them dominant. This explains the information presented on the graph. Dead zones are also called hypoxic zones. They exist in oceans where there is low oxygen concentration such that aerobic organisms living there die due to lack of oxygen. Dead zones are formed due to an interaction between biological, chemical and physical factors. Nutrients from agriculture and urban development are washed off to the water bodies such as the ocean. The excess nutrients fertilize the quick growing microscopic plants in a process known as eutrophication. Once all the nutrients are used up by the phytoplankton, they sink to the bottom and decompose. The decomposition process by the aerobic bacteria depletes the oxygen making the region hypoxic. This leads to the formation of dead zones. Hamilton addressed the issue of altruism to develop the equation above. His approach considered that provided there is a genetic basis for altruistic tendencies should-via the principle of independent assortment-produce siblings with a particular probability

Chutiya Ram Essay Example for Free

Chutiya Ram Essay Tour Dutt was born on March 4, 1856 in Bengal and she died on August 30, 1877, in the prime of her youth, at 21. She is often called the Keats of the Indo-English literature for more than one reason her meteoric rise on and disappearance from the literary firmament, as also for the quality of her poetry. James Darmesteter pays a befitting tribute to her, The daughter of Bengal, so admirable and so strangely gifted, Hindu by race and tradition, and an English woman by education, a French woman at heart, a poet in English, prose writer in French, who at the age of 18 made India acquainted with the poets of French herself, who blended in herself three souls and three traditions, died at the age of 21 in the full bloom of her talent and on the eve of the awakening of her genius, presents in the history of literature a phenomenon without parallel. Literary Achievements Toru Dutt’s literary achievements lay more in her poetic works than in her prose writings. Her poetry is meagre, consisting of A Sheaf Gleaned in French Fields and Ancient Ballads and Legends of Hindustan. But she compels attention as KRS Iyengar puts it. Her poetry has sensitive descriptions, lyricism and vigour. Her only work to be published during her lifetime was A Sheaf, an unassuming volume in its overall get-up. The Examiner in its August 1876 issue published the review of her book. Edmund Gosse, the then reviewer expressed his surprise To find Miss Toru Dutt translating, in every case into the measure of the original, no less than 166 poems, some of them no less intricate in form than perplexing in matter. He calls it an amazing feat and a truly brilliant success. A review in the Friend of India says. †¦ the versification is generally good, and the translations, we believe, intelligent and faithful. In selecting poems for translation Toru focused attention on the Romantics of French literature, although she also included Chenier, Courier, Lamartine and a few others of the transition period as well as Brizeux, Moreau, Dupont and Valmore who were not Romantics. In France, the Romantic school was born towards the close of the 18th century and in the beginning of the19th, as in England. They asserted the free-play of imagination, simple and direct diction and freedom from any restrictions. The poems that she translated were probably those which could touch the cord of her imaginations and sentiments patriotism, loneliness, dejection, frustrations, illusions, exile and captivity. One remarkable thing about her translation is that she has been able to capture the spirit of the original. No wonder, then, that Edmund Gosse, in his review says, If modern French literature were entirely lost, it might not be found impossible to reconstruct a great number of poems from its Indian version. Not that she has blindly translated. In fact, she has changed words and phrases of the original and substituted them by more appropriate ones without any hesitation which make her work exact and yet free. The verses maintain the rhythm of the original. Though European by education and training, Toru was essentially an Indian at heart. From her childhood her mother had imbued in her love for the old legends from the Puranas, the Mahabharata and the Ramayana. Her readings of the old Sanskrit classics gave her first-hand knowledge of the charming stories. Her woman’s imagination wove myriad coloured picture and she embarked upon her work, Ancient Ballads and Legends of Hindustan, which appeared in 1882, with Introductory notes by Sir Edmund Gosse. Critics have hailed Ancient Ballads as the best work in English. It shows her keen interest in the Indian translations. According to Lotika Basu, a literary critic, Ancient Ballads, for the first time reveals to the West the soul of India through the medium of English poetry. In fact, scholars are profuse in their praise of this work for its finely-knit verses full of vigour and variety. The stories included are of Savitri, Lakshman, Prahlad, Sindhu and others. Toru wrote two novels Bianca and Le Journal de Mademoiselle d’Arvers. The former, an incomplete romance, is in English and the latter in diary form, is the story of Marguerite and is in French. The manuscripts of these works were discovered after her death amid her papers. Both these works have simple plots which sustain the story element, the language is poetic and the characters are clearly drawn. Toru was proud of India’s cultural heritage, her flok-lores, myths and legends, and its rich classical literature. Though English by education, she was an Indian through and through. E. J. Thompson wrote about her, Toru Dutt remains one of the most astonishing woman that ever lived †¦. Fiery and unconquerable of soul. These poems are sufficient to place Toru Dutt in the small class of women who have written English verse that can stand.

Causes and Effects of Debt and Recessions

Causes and Effects of Debt and Recessions The great Depression in parts of World As we mentioned before, the Great Depression mainly started in the United States, but the U.S. was not the only state that was affected by it. Other states around the world were also affected by the economic recession of 1930s. Herbert Hoover, the president of the United States during the years of the Great Depression, attempted to recover the country by establishing some internal and external policies. Hoover’s believe was that too much interference of the federal government would end America’s independence and self-determination. Hoover also created projects to increase the public works’ funding, but they only created jobs for a small part of the unemployed people. Then in October 1931, Hoover set up the National Credit Corporation (NCC) in an attempt to calm the money deficiency. However, this program failed because it didn’t satisfy the nation’s expectations. In 1932, Hoover was the one who requested that Congress set up the Reconstruction Finance Corporation (RFC) to make mortgages to businesses but in the end it didn’t succeed. In 1932, Congress passed the Emergency Relief and Construction Act to support for a federal relief. Yet, this program couldn’t invert the collapse during the Great Depression. Because Hoover failed to recover the United States, social unrest and violence began to surface while the depression deepened. Unemployed workers, relief recipients, and unpaid schoolteachers piled up together and performed demonstrations to show their disappointment. Even though Hoover initiated some internal programs to help the recovery of economy, he was slow to respond to the depression. The Smoot-Hawley Tariff In 1932 Hoover signed the Smoot-Hawley Tariff. It increased the tariffs by 50%. The increase of the tariff with 50% will make the imported goods more expensive and the people will buy the nation’s goods which led to the increase of demand.-But the countries of Europe reacted with the increase of their tariffs which decreased the exports of USA ~ 70%. The war of trade impacted further the prices of agricultural goods which decreased more and then more farmers bankrupted. The tariffs damaged not only American farmers, but they damaged the German unstable economy too. Germany started to pay the reparation to France and UK based on the Versailles Treaty. UK and France decreased the payments to loans that they had from the banks of USA which further weakened the banks in USA. War debts at the end of World War I All European nations had to pay over $10 billion ($115 billion in 2002 dollars) to USA. The economies of Europe had been destroyed from the war, therefore they hadn’t the money to pay back of. While USA requested the money back from former allies, this enforced the requests of European Countries to Germany to pay the reparations based on the Versailles Treaty, but Germany could not pay these reparations. This situation worsened the crisis since Europe could not buy goods from the USA. The decline of world trade helped to bring the great depression. FDR New Deal Following the Social Unrest of 1932, the people had blamed Hoover for failing to recover the States from the Great Depression. When Franklin D. Roosevelt came to power on March 1933, many thought that he was strived to end the Great Depression completely. During his campaigns, he promised to help the poor farmers, unemployed people, and also the elderly. Other than declaring a bank holiday, Roosevelt had created a new program for the economic recovery called the New Deal, which aimed to help the jobless, to recover the the economy, and prevent another depression. Here is a list of the New Deal programs and their purposes: The Civilian Conservation Corps (CCC) provided jobs for the unemployed from age 17 to 29. The Federal Emergency Relief Administration (FERA) helped by paying the states so they could give money and clothing for the unemployed people. The Agricultural Adjustment Administration (AAA) paid farmers to stop growing specified crops, such as cotton, grain, tobacco, and corn. The National Recovery Administration (NRA) regulated wages, price control, and economic conditions in the industry. The Public Works Administration (PWA) made possible the construction of ports, schools, and aircraft carriers. The Works Progress Administration (WPA) employed many unskilled people to do public work projects. In 1934, FDR launched the Second New Deal which was more concentrated on increasing purchases and public social security. The Second New Deal programs dealt with reforming and also recovery. Some of Second New Deal programs and their purposes are listed below: The Social Security Act, sought to help the old people by setting up a pension system. The act also gave the States money to aid dependent children and people with disabilities. The National Labor Act, created a National Labor Relations Board for protecting the organized labor rights. The second AAA, established in 1928(verify 1928 apo 1938), was established for agriculture recovery to pay farmers for conservation methods, but only if they limited the necessary crop production. U.S. Housing Authority Act, established in 1937 in order to construct better house buildings by demolishing ghettos. Eventually, the New Deal that FDR launched couldn’t end the Great Depression since many agricultural problems were left unsolved. It is still dubious at how the Deal programs helped ending the depression. The Deal did, however, restore hope that was missing in the United States during the depression and also eased the hardships of its economy even though by the end of 1930s the country’s economy was still bad. The major change of USA Economy happened after the event of Pearl Harbor which noted the entry of USA in World War II. The people and industry of USA were in the functionality of war. The war’s weapons were needed urgently All the people worked for the war, the men trained to in order to be soldiers while the women worked in fabrics. There were the urgent needs for the Food for inside country and overseas at the war front. The entrance of the USA in World War II finished the Great Depression in the USA B. Worldwide Impact The Depression was followed by a global collapse of the industrial economy in Europe and the U.S., which also brought political and economic tension on every society. Furthermore, the depression brought a sequence of difficulties in the West and economic flaws in the world.As we mentioned, the starting of Great Depression is typically linked to the Crash of the stock market on October 29, 1929. However, in some countries it started by early 1928. In the same way, while the ending of Great Depression is related with the entrance of the USA to World War II in 1941, in different countries it finished at different times. The USA’s economy was growing in the middle of 1938 while many countries around the world were hurt by the Great Depression, those industrialized and also those that exported raw materials. Effects of Great Depression worldwide United States Most people see that the Great Depression had its starting point in the United States in 1933, when more than 15 million Americans were unemployed and the economic production decreased by almost 50%. Canada The Depression also hit Canada very hard, with the unemployed labor force 30%. The unemployment rate was less than 12% at the starting of World War Two. Australia Australia was affected hard too. The salaries dropped and the unemployment was 32% by 1931 Europe After World War II, most European countries owned a lot of money to American banks but the loans were so high and they couldn’t pay them. Since the American government didn’t accept the debt, Europe started borrowing money to pay back. However, as the economy of USA started to slow down, the European countries founded in difficulty where to borrow money. Further the United States had the high tariffs. European countries couldn’t sell the products in markets of USA. These countries started to have the failure to pay the loans. After the crash of stock market banks stayed afloat. They recalled their loans. While the money ran out of Europe and returned to USA, the European economies started to go down separately. The farmers throughout faced the food overproduction and the low price. The production of food had increased in the reply to needs of war. Many farmers bought the new equipment borrowing heavily, believing that the good market will continue to be higher. But the increase of production in Europe and the high imports from USA caused the decrease of the price, which made the payment of the debts very hard. The farmers leaved the rural areas. The international trade of Europe with USA decreased significantly during the depression period mainly due to the establishment by U.S government of Smoot-Hawley Tariff Policy in 1930 which applied 50% tariff to imported goods. The U.S government formed this policy in order to help and protect the companies of USA by increasing the demand for domestic goods. But, the charging with a high tariff of the goods from imports dropped the trade between USA and other foreign countries, including Europe, so created unemployment out of the country while the factories closed up. Kinderberger (1986) shows that during 1933 international trade decreased by 33% compared to the trade in 1929. France Despite being affected by the World War I, France wasn’t affected that much compared to the other European countries during the Great Depression, since it wasn’t dependent in trade. By 1930s, the country was characterized by high unemployment and political anxiety. Germany After the First World War, Germany was angry for losing their territory and paying war debts, while America provided loans in order to rebuild German economy. But, these loans stopped during the Depression causing the rising of unemployment and the development of extremism in the political system. In 1921, Germany made the first compensation payment and one year later they claimed that they wouldn’t be able to manage paying any longer. The reasons because German people put their faith in Hitler were because of their humiliation, the enormous debt, and the economic crisis after World War I. Nazi Germany, which boasted the economy and reached full employment, kept low level of wages while not harmonizing the allocation of investments and constantly growing its dependence from military production. Poland During the Great Depression, Poland, the newly independent country, experienced a quick and deep recession. The economy grew in the 1920s by attracting foreign wealth and loans. Then in 1929, a financial crash made the capital flow reduce and eventually the prices of agricultural products fell. The severe results of the economic collapse were social, being accompanied with high unemployment and low wages of agricultural workers. The total production of industry in 1932 was ~40% less than in 1928. But, the economy of Poland had developed by 1934 and increased past 19% in 1937. Because of this, the Polish government wanted to acquire capital in private and launched a strategy called the â€Å"Polish Etatism†. The strategy permitted the polish government to take control of the saving banks, the operation of foreign exchange, cartels and foreign trade. Additionally it influenced a huge investment program in public labor and the private actions. One projectthat was a great achievem ent was the Central Industrial District development in 1936, which was concentrated on the military, transportation, agricultural, industrialization, and urbanization improvement. Romania In Romania, the sector that was hit very hard was the agricultural one where the government earnings fell because of the decline of the agriculture products exports. By 1932, the taxes fell and the government began to aid the poor by forcing their repayment’s delay. However, during the depression, the government needed with any cost the fiscal balance so it was hard for it to intervene in the economy. During the first years, there wasn’t any understandable plan with the goal to fight depression, but instead to fight the most important problems. Furthermore, Romania had a huge problem with the foreign debt. Since European states couldn’t take loan to deal with their debts, import limits were increased and in 1932 the control on exchange was established. The industry of Romania managed to recover during the 1930s, however the most of people were too poor to impact the increase of consumption and demands, and in addition the developments in foreign markets could not help since they became protectionists as effect of Depression. Greece During the inter-war period, in Greece was present a strong belief in favor of financial independence and nationwide autonomy. Derilis and Costis (2006) claimed that this ideology could have been changed into an actual policy in 1932. The economy was focused more internally and was led by the state, which was to some degree a reaction to the other nations’ activities that broadly presented controls on trade and fees. High taxes, determinable restrictions and the use of mutual clearing agreements were broadly utilized. The state involvement in economic issues increased throughout the 1930s. The guideline of Greek Economy was now the greater independence using the inside resources and less dependence from the international economy. This tendency was noticeable in both industry and agriculture (Aldcroft, 2006). Yugoslavia In reality Yugoslavia was not hit particularly hard by the crisis, though the peasants faced the worst, being unable to pay and calling for the government action to relieve them of their debts. The government reduced taxes for the farming communities and eliminated debts for about 600, 000 small farmers. The government`s response to the crisis was under heavy French influence. The government tried to balance the budget and National Bank started promoting deflationary monetary policy, and imposed exchange control in 1931. Soon the government recognized the error of its economic policy and in 1933 started to pursue more expansionary fiscal policy, which soon turned deflation into inflation. The government was also spending money on public works, and was actively trying to influence the commercial banks to lower their interest rates. Comparing the Great Depression and the Economic Crisis of 2008 There have been a lot of comments and misconceptions about the comparison of the Great Depression and the Great Credit Crisis of 2008. Both of them were originated in US and then spread out the world. The Trade, capital flow and policies on prices of commodities were the factors which spread worldwide the Great Depression. Depending from their specifics and the above factors, different countries faced different effects. For example, France was almost passive, whiles some other countries, such as Japan, was affected and used largely the monetary and fiscal policies during that period. On the contrary, the Great Credit Crises was global, started in US and with bigger influence in US. It impacted the global world economy with even worse effects in other countries exports, production and equity prices decline. But in the similar way with the measures taken during the Great Depression, different countries reacted in different ways. Some countries applied more aggressive monetary and fiscal policies; some other applied less aggressive ones. Summary The crash of the stock market on October 1929 wan not the cause of Great Depression. It was a symptom. It was followed by the bank closing crisis which reduced largely the money flow in the country, drop of demands and production and increase of unemployment as well. The major causes of the depression were the wrong policies established by the Federal Reserve, wrong ration of investments in production vs. the salaries, overproduction in industry and agriculture, and inequality of wealth distribution. Other factors such as the needs for the reconstruction of economy, the needs for renovation of old industry and railway rods, massive people migration and natural ecologic disasters influenced badly the economy during the Great depression. The measures taken by the President Hoover administration in order to ease the effects of depressions were late and not sufficient while most of them failed. President Roosevelt administration applied several measures as part of so called New Deal Programs, which were effective, helped for easing and avoiding the effects of Great Depression but did not end it. These measures returned back the hope and confidence of investors and consumers, and combined with the increased production which served the demands of WWII, created the foundation for the US economy recovery and then for a rapid development of it after the war. The great depression was not only a local USA crisis; it was global and widespread in world. The impact of it was different for each country depending from their domestic economy specifics and dependency from the world economy. In some aspects, the Great Depression worldwide effects and reaction to them, joined by the weakness and confusion in the outside foreign policies were one of the causes which pushed the world into WWII.

Euthanasia, Physician-assisted Suicide and Our Aged and Frail Populatio

Euthanasia, Physician-assisted Suicide and Our Aged and Frail Population Is the attitude of   Americans toward the old and frail evolving into the attitude indicated in the following episode? In Indiana, a nurse suspected of killing as many as 100 people is on trial, charged in the deaths of seven elderly patients. Orville Lynn Majors Jr., 38, began serving as a licensed practical nurse in a Clinton, Indiana hospital in 1993; months later, other nurses observed an abnormally high death rate in the hospital's intensive care unit whenever Majors was on duty. On one occasion Majors was found, syringe in hand, at the bedside of a woman who had died unexpectedly; the patient had been scheduled for discharge the next day, and an autopsy suggested that an injection of potassium caused her death. Autopsies on other patients uncovered enough evidence to go to trial in seven cases. A statistical study showed there was a patient death in the ICU every 23 hours when Majors was on duty, but every 552 hours when he was not; however, statistical evidence was barred fr om the trial. Reportedly Majors had also told others that he thinks elderly people are "a waste" [New York Times, 8/31]. Numerous US studies have established that the Americans most directly affected by the issue of physician-assisted suicide -- those who are frail, elderly and suffering from terminal illness -- are also more opposed to legalizing the practice than others are: * A poll conducted for the Washington Post on March 22-26, 1996, found 50% support for legalizing physician-assisted suicide (Washington A18) Voters aged 35-44 supported legalization, 57% to 33%. But these figures reversed for voters aged 65 and older, who opposed legalization 54% to 38%. Majorit... ...l.. "Euthanasia and physician-assisted suicide: attitudes and experiences of oncology patients, oncologists, and the public." 347 The Lancet 1805 (June 29, 1996):1809 Humphry, Derek. "What's in a word?" Euthanasia Research & Guidance Organization 1993, Table 1-A. Koenig, Dr. Harold et al.. "Attitudes of Elderly Patients and their Families Toward Physician-Assisted Suicide." 156 Archives of Internal Medicine 2240 (Oct. 28, 1996) Lee v. Oregon, 891 F.Supp. 1429 (D. Or. 1995), vacated on other grounds, 107 F.3d 1382 (9th Cir. 1997), cert. denied, 118 S. Ct. 328 (1997). "Poll Shows More Would Support Law Using Gentler Language," TimeLines (Jan.-Feb. 1994):9 Washington v. Glucksberg, 117 S. Ct. 2258, 2262 n. 7 (1997. -- -- --. 117 S. Ct. at 2272, quoting United States v. Rutherford, 442 U.S. 544, 558. 1979. Washington Post, April 4, 1996.

Essay --

Climate change which is attributed to global warming caused by fossil fuels is, perhaps, one of the most important concerns in the world. Owing to the tremendous increase in polluting gaseous which are sulfur oxides (SOx), nitrogen oxides (NOx) and particulate matter (PM) and greenhouse gases, mainly carbon dioxide (CO2) developing countries, such as UK, are working on new technologies to meet the limits that have been established under Kyoto protocol (Roskilly, A.P., Nanda, S.K., Wang, Y.D., Chirkowski, J., 2007; Center for Electromechanics, 2014; Fernandez Soto, J.L., Garay Seijo, R., Fraguela Formoso, J.A., Gregorio Iglesias, G., Carral Zouce, L., 2010; Jayaram, V., Agrawal, H., Welch, W.A., Miller, J.W. & Cocker, D.R., 2011) . Although land transportation, such as cars, trains and trucks, contributes to emitted gaseous, marine vessels play a significant role in air pollution. According to Fernandez Soto et al., 2010, approximately 42% of the European Union’s (EU) domestic transportation and 90 % of trade with non-European countries are done by sea. The EU is trying to encourage the use of marine vessels for transportation of goods to reduce the polluting gaseous and greenhouse gas emissions over land transportation. Even though the regulations of emitted gaseous by the legislation of Annex VI of the MARPOL, Fernandez Soto et al., 2010 claimed that emissions from marine vessels, SOx, NOx and PM, would increase by 40%, 50% and 55%, respectively, by 2020. Apart from the destructive effects of fossil fuels on environment, high costs and limited reserves of them force ship owners and transportation companies to seek for alternative sources (Roskilly et al., 2007). Fernandez Soto et. al., 2010 assessed the types of alternative en... ...al., 2007). Both a heating line preventing condensation and a conditioning unit keeping the temperature of the gas below 40 0C and the saturation level is correct are essential. The whole exhaust computation system is shown in Fig. 5 (Roskilly et al., 2007).The analysis of trial fuel Lloyds Register FOBAS fuel analysis service examined the biodiesel from recycled cooking fat and vegetable oil and fossil diesel for elemental constitution and other properties and prepared a robust report shown in Table 3 (Roskilly et al., 2007). Table 3. The analysis results of fuels The experimental procedures for the trails Roskilly et al., 2007 followed the ISO 8178 test procedure and the test cycle E5 used for marine crafts less than 24 m in length to receive a standardized set of data. Besides, to calculate specific exhaust emissions the weighting factor is used (Table 4).

What Ruined Ralph and Jacks Friendship in Lord of the Flies :: essays research papers

Lord of the flies essay Q: at the start of the novel we are told: ‘Ralph and jack smiled at each other with shy liking.’ yet by the end they are mortal enemies. What happens to ruin their friendship? Ralph and jack are friends at the start of the story. They are both the oldest boys on the island and they both have a high level of admiration from the boys at the beginning. Ralph got all the boys together when he had established the conch, which straightaway got him the boys respect. However jack is the head boy at school and is the boss of the choir. Ralph is chosen by the boys as leader, even though they both wanted to be chief. Ralph was tactful enough to consider jack to a vital job, so he asks him to be leader of the hunters. this is what makes them see each other with a shy liking: they have both benefited from power and respect. However Ralph and jack have different notions as Ralph is more sensible he sets his mind on everyone surviving and then getting rescued. He constructs shelters and manages to keep a fire going. Ralph is thinking and caring for everyone. Nevertheless jack is single minded in his pursuit of the pigs. He mainly hunts and then kills a pig for food as he states he loves hunting. ‘A compulsion to track down and kill that was swallowing him up’ This is the meaning of jacks wish that he gives into to instead of doing what he was supposed to do such as help Ralph with work like the fire and shelters. ‘now the antagonism was audible’ indicates Ralph dislikes this and therefore bears a grudge as only Simon helps then goes off to a hiding place. Although Ralph and jack start to dislike things about each other they still resolve in being friends. Bewilderedly they know there’s conflict between them. jack takes his choir to hunt and leaves the fire which goes out and at that moment a ship sails by, then jack arrives back with his choir following, he proudly shows Ralph a dead sow that they killed. Ralph is furious and exhibits real despair at the passing of the ship, possibly, as he begins to feel the pressure of his overall responsibility for the boys.

Business: International Trade and B. Technology

BUS100 Sample Exam 1 Student: 1. Which of the following organizations is an example of the goods-producing sector of the economy? A. Ford Motor Company B. Florida State University C. Children's Hospital D. H ; R Block Tax Consulting 2. Which of the statements about demography is most accurate? Demographic studies: A. focus on factors that have great political relevance, but little relevance to business firms. B. suggest that the number of two-income families will decline in the future. C. rovide business and individuals with insights into business and career opportunities of the future. D. are an important source of information about changes in weather and climate. 3. Public schools, charities and government agencies are not classified as businesses because they: A. have not been incorporated. B. do not seek to earn a profit. C. provide services rather than goods. D. do not have any stockholders. 4. In order to make an intelligent investment decision, entrepreneurs should: A. limit their options to those business investments that are backed by the U. S. government. B. nvest in businesses that have generated a stable rate of profit for at least the past ten years. C. invest only in business opportunities where it is possible to take an active role in management. D. compare the risks of potential investments to their expected profits and find the right balance between profit and risk. 5. Which of the following entails the greatest amount of risk? A. Working for the government. B. Working for a large business. C. Working for a small business. D. Starting a business. 6. Which of the following policies would tend to foster entrepreneurship? A. establishing a currency that is tradable on world markets. B. establishing more regulations to protect the environment. C. developing policies to reduce corruption between individuals. D. allowing public ownership of businesses.7. When businesses sell to other businesses over the Internet, these transactions are known as: A. B2C transactions. B. e-wholesale transactions. C. B2B transactions. D. intermediate e-commerce transactions.8. Which of the following is an advantage of utilizing technology? A. Technology increases the cost of production. B. Technology reduces the need for a marketing plan. C. Productivity increases. D. Management becomes isolated from the demands of stakeholders.9. All around the world, countries are trying to create more wealth by: A. raising taxes. B. selling government-owned businesses to private individuals. C. restricting trade with other countries in order to protect local busine sses. D. attempting to attain more gold through foreign trade.10. ___________ means producing items with the least amount of resources. A. Efficiency B. Technology C. E-production D. Productivity11. In the nation of Equalia, many businesses are privately owned, but the government owns some of the basic businesses and has developed many social programs designed to promote social equality. The economy of Equalia would be considered an example of: A. pure capitalism. B. socialism. C. mercantilism. D. communism.12. __________ unemployment refers to those people who have quite work because they didn't like the job, the boss, or the working conditions and who haven't yet found a new job. A. Frictional B. Structural C. Cyclical D. Seasonal13. One benefit of the rights and freedoms of capitalism is that: A. people feel safe and don't take any risks in business. B. people are willing to take more risks than they would otherwise. C. eople don't have to choose where they will work. D. the pric es of needed products are always very low.14. __________ unemployment refers to unemployment caused by the restructuring of firms or by a mismatch between the skills of job seekers and the requirements of available jobs. A. Frictional B. Structural C. Cyclical D. Seasonal15. Which of the following statements provides the most accurate comparison of socialism and communism? A. Under socialism the government owns most businesses, while under communism the church owns most businesses. B. Both socialism and communism want to achieve a more equal distribution of income and wealth, but under communism the government takes more control over people's lives. C. Socialism strives for an equal distribution of income but communism wants income to go primarily to those who own and operate private businesses. D. Communism believes that the government should always strive to balance its budget, while socialism accepts deficit spending as the price of achieving true equality.16. A collapse in the n ational banking system of Lasia has resulted in a condition where prices are actually declining. This condition is known as: A. disinflation. B. deflation. C. contra inflation. D. overproduction.17. One of the most significant problems faced by communist economies is: A. a great inequality in the distribution of wealth and income. B. severe inflationary pressures due to rapid economic growth. C. too little government regulation of economic activity. D. persistent shortages of basic goods such as food and clothing.18. Thomas Malthus was pessimistic about the ability of societies to achieve high standards of living for most of their citizens because he believed that: A. the government had a natural tendency to run deficits that would eventually bankrupt the country. B. population growth would result in shortages of food and resources. C. owners of businesses would deliberately exploit their employees in an attempt to earn greater profits, and this would ultimately lead to a worker's r evolt. D. high tax rates would eventually undermine people's incentives to work hard and create wealth.19. Which of the following statements about the Federal Reserve System (the Fed) is most accurate? A. The Fed is an agency of the U. S. Treasury Department that has the responsibility of collecting tax receipts for the IRS. B. The Fed manages the U. S. money supply and interest rates. C. The Fed is the primary government agency involved in carrying out our nation's fiscal policies. D. The Fed is the agency of the government that ensures the U. S. maintains enough gold reserves to pay any foreign debts that result from international trade.20. The nation of Nadiria is in the midst of a terrible economic downturn. The nation's GDP has been declining steadily for over five years and is now at its lowest level in over fifty years. Nadiria's unemployment rate is at an all time high and the nation's CPI is falling. Nadiria is experiencing a: A. period of stagflation. B. balance of trade d eficit. C. depression. D. retraction.21. Mortavia is a small nation that has followed protectionist policies for many years. Which of the following would be an example of a nontariff barrier established by Mortavia? A. Establishment of a tax levied on imported goods so that foreign products are more expensive than competing domestic goods. B. Establishment of a tax levied on imported goods designed primarily to raise money for the government. C. Establishment of restrictive quality standards requiring foreign firms to make expensive modifications in their products before they can be sold in Mortavia. D. Participation in the Uruguay Round of GATT negotiations.22. The two basic types of tariffs are: A. goods and services. B. general and limited. C. comparative and absolute. D. revenue and protective.23. __________ is an arrangement whereby someone with a good idea for a business sells the rights to use the business name and sell a product or service to others in a given territory in a specified manner. A. Franchising B. Contract manufacturing C. Import trading D. Export trading24. The difference between money coming into a country (from exports) and money leaving the country (for imports) plus money flows from other factors such as tourism, foreign aid, and military expenditures is referred to as the: A. balance of payments. B. balance of trade. C. balance of money flows. D. exchange rate.25. The largest importer in the global market today is: A. Japan. B. Russia. C. Germany. D. the United States.26. The emerging nation of Lancerland has enacted a tariff on imported petroleum in order to raise money for their new government. This trade restriction is an example of a(n) ________ tariff. A. revenue B. rotective C. percentage D. fixed27. A Mexican firm has agreed to trade petroleum to an American importer in return for U. S. made computers. This arrangement is an example of: A. a letter of credit arrangement. B. a nontariff trade. C. arbitrage. D. barter.28. The â €Å"second wave† of offshore outsourcing refers to: A. moving jobs to South America in addition to China. B. moving skilled service jobs such as those in accounting offshore. C. moving jobs to India in addition to China. D. moving manufacturing jobs offshore.29. One advantage of free trade is: A. jobs are shifted to low-wage global markets. B. service jobs are moved overseas. C. advanced production operations are built in low-wage countries. D. innovation for new products occurs and keeps firms competitively challenged.30. Casey is typical of many U. S. businesspeople. Casey feels the U. S. culture should be the model for the rest of the world, and that the â€Å"American way† of doing things is the best. Casey is guilty of: A. ethnic plagiarism. B. ethnocentricity. C. culture shock. D. counter culture.31. After developing a code of ethics, it should be communicated to: A. everyone with whom the business has dealings. B. the Attorney General in jurisdictions where the business has operations. C. all levels of management. D. stockholders.32. Management and employees at Boyer Enterprises are given time off each year to work in local charities. This firm clearly practices: A. corporate philanthropy. B. social irresponsibility. C. community mediation services. D. participative funding.33. A friend offers to share with you a term paper she prepared for her Introduction to Business class last semester. When you tell her that it wouldn't be fair, she reminds you of your habit of reading an entire Harry Potter book at the local bookstore without paying for the book. Which ethics-based question would be the most helpful in evaluating these situations? A. Is it legal? B. Am I acting fairly? C. Who wins and who loses? D. Will I get caught?34. Environmental quality is considered to be a public good. This means that: A. ultimately it is the public that pays for environmental clean up. B. businesses have a responsibility to minimize their environmental polluti on. C. everyone enjoys a cleaner environment regardless of who pays for it. D. society places a higher value on private goods and services.35. The first step when facing an ethical dilemma is to ask: A. â€Å"Is it legal? † B. Is it balanced? † C. â€Å"How will it make me feel about myself? † D. â€Å"Is it ethical? â€Å"36. When working with international firms, U. S. businesses: A. tend to ignore the ethics of their international partners. B. expect socially responsible behavior from their business partners. C. feel that their responsibility is limited to the United States. D. try to avoid judging our international business partners by U. S. standards.37. Which of the following is the most important step to help improve America's business ethics? A. middle management support B. training C. enforcement D. identification of the organizational ethics officer38. The danger in writing new laws to correct behavior is that: A. people may begin to think that any be havior that is within the law is acceptable. B. people will see the difference between ethics and legality. C. legal behavior will reflect the totality of people's proper relations with one another. D. there will not be enough jails to house those who break the law.39. Critics of corporate social responsibility view spending money on CSR as: A. a necessary evil. B. stealing from investors. C. important for America. D. moving toward capitalism.40. Obeying the law is ________ ethical behavior. A. essentially the same as B. the first step towards C. the opposite of D. unlikely to lead to41. One of the newest items on the Cajun Cookin' menu is a spicy Cajun-burger. Sondra was quite surprised to learn that how she made this burger was regulated by the: A. Federal Trade Commission. B. Food and Drug Administration. C. Federal Nutritional Association. D. State Board of Food Examiners.42. One of the reasons you bought your mom a name-brand mixer for Mother's Day was that it came with a full warranty. This means that: A. the mixer is guaranteed to last for 10 years with normal use. B. the mixer will make wonderful baked goods as well as pasta. C. the mixer will be repaired or replaced at no charge if it is defective. D. only the motor is covered by the mixer manufacturer.43. One result of deregulation in the airline industry has been: A. less intense competition. B. increase aviation related fatalities. C. higher prices for consumers. D. lower prices for consumers.44. You agree to sell your car to your neighbor for $5,000. You and your neighbor have provided each other: A. duress. B. consideration. C. an endorsement. D. an expressed warranty.45. Which of the following do school districts utilize to generate needed funding? A. sin tax B. sales tax C. property tax D. income tax46. The remedy for a tort is: A. imprisonment. B. a breach of contract. C. bankruptcy. D. monetary compensation.47. Which of the following protects the original work of authors and artists (i. e. , their books, photos, or cartoons)? A. a trademark B. a copyright C. the Uniform Commercial Code D. a patent48. The Griggs v. Duke Power Company (1971) case established a precedent on the need to use job-related tests in employment practices. Similar court cases have been decided based on this decision. This is an example of: A. common law. B. statutory law. C. administrative law. D. criminal law.49. Which of the following is a requirement for commercial paper to be considered a negotiable instrument? It must: A. be signed in approval by a third party. B. contain a conditional promise to pay. C. be a promise to pay a specified amount of money. D. be an oral agreement between two or more parties.50. In which of the following does the creditor start legal procedures? A. debtor initiatives B. voluntary bankruptcy C. involuntary bankruptcy D. creditor restructuringBUS100 Sample Exam 1 Key 1. (p. 20)A 2. (p. 16)C 3. (p. 7)B 4. (p. 4-5)D 5. (p. 8)D 6. (p. 12)A 7. (p. 14)C 8. (p. 13)C 9. p. 12)B 10. (p. 13)A 11. (p. 41)B 12. (p. 47, figure 2. 6)A 13. (p. 36)B 14. (p. 47, figure 2. 6)B 15. (p. 42)B 16. (p. 47)B 17. (p. 42)D 18. (p. 31)B 19. (p. 51)B 20. (p. 49)C 21. (p. 76)C 22. (p. 75-76)D 23. (p. 67)A 24. (p. 64)A 25. (p. 60)D 26. (p. 76)A 27. (p. 74)D 28. (p. 81)B 29. (p. 62; figure 3. 2)D 30. (p. 71)B 31. (p. 97)A 32. (p. 99-100)A 33. (p. 92)B 34. (p. 106)C 35. (p. 92)A 36. (p. 108)B 37. (p. 97)C 38. (p. 90)A 39. (p. 99)B 40. (p. 90)B 41. (p. 585, figure A. 4)B 42. (p. 579)C 43. (p. 588)D 44. (p. 580)B 45. (p. 584)C 46. (p. 576)D 47. (p. 578)B 48. (p. 574)A 49. (p. 580)C 50. (p. 586)C