Pnm, a leading utility provider in new mexico conducted an economic forecasting study to estimate the demand for electric power, which it sells. the economists, which undertook the study, developed the following model with the respective coefficients in their demand equation: growth rate .015 intercept 1376.0 forecasted temperature -17.1 prior day temperature -3.7 forecasted wind speed 4.2 forecast the demand for electric power for september 1, 2019. the average or mean temperature was forecasted at 40 degrees (celsius), the temperature on august 31 was 37 celsius, and the average wind speed for september 1 was projected to be a calm 8 miles per hour. if the growth rate for october dips down to 0.005 (due to decreased demand), using the same values that you have used, what will be the forecast?

After the 2008 recession, the amount of reserves in the us banking system increased. because of federal reserve actions, required reserves increased from $44 billion to $60 billion. however, banks started holding more reserves than required. by january 2009, banks were holding $900 billion in excess reserves. the federal reserve started paying interest on the excess reserves that the banks held. what possible impact will these unused reserves have on the economy?

Trecek corporation incurs research and development costs of $625,000 in 2017, 30 percent of which relate to development activities subsequent to ias 38 criteria having been met that indicate an intangible asset has been created. the newly developed product is brought to market in january 2018 and is expected to generate sales revenue for 10 years. assume that a u.s.–based company is issuing securities to foreign investors who require financial statements prepared in accordance with ifrs. thus, adjustments to convert from u.s. gaap to ifrs must be made. ignore income taxes. required: (a) prepare journal entries for research and development costs for the years ending december 31, 2017, and december 31, 2018, under (1) u.s. gaap and (2) ifrs. (c) prepare the entry(ies) that trecek would make on the december 31, 2017, and december 31, 2018, conversion worksheets to convert u.s. gaap balances to ifrs.

Jen left a job paying $75,000 per year to start her own florist shop in a building she owns. the market value of the building is $120,000. she pays $35,000 per year for flowers and other supplies, and has a bank account that pays 5 percent interest. what is the economic cost of jen's business?