1. Suppose the United States and Sweden sign a free trade agreement. If real interest rates increase in Sweden but not in the United States, which of the following will be true of Swedish capital flow, the value of the krona, and exports?Capital Flow /Value of Krona / Exportsa. Inflow / Appreciate/ Increaseb. Inflow / Appreciate / Decreasec. Inflow / Depreciate / Increased. Outflow / Appreciate / Decreasee. Outflow / Depreciate / Increase2.Good/Service Quantity 2004 Unit Price 2005 Unit PriceBlue Jeans 2 $22.00 $25.00Cheeseburger 4 $3.00 $5.00Haircut 2 $12.00 $13.00Suppose a market basket of goods and services includes the following for two successive years. According to the table above, between the years of 2004 and 2005 the consumer price index increased bya. 6 percent. b. 12 percent. c. 16 percent. d. 20 percent. e. 22 percent.3. When inflation has reached a peak, economists would say that the economy has reached thea. trough of the business cycle. b. expansion of the business cycle. c. peak of the business cycle. d. contraction of the business cycle. e. bottom of the business cycle.

John is a 45-year-old manager who enjoys playing basketball in his spare time with his teenage sons and their friends. at work he finds that he is better able to solve problems that come up because of his many years of experience, but while on the court, he finds he is not as good keeping track of the ball while worrying about the other players. john's experience is:

Fred smithers, a recent college graduate decided to open his own portable juice bar, smithers smoothies, to wheel around newport beach. you, a trusted friend of fred, are a business major that has also recently graduated and agreed to handle the books for a while to get some practical experience and have a favor that you can ask of fred in the future. given the following five transactions concerning the new venture, prepare the necessary journal entries for the transactions, post the journal entries to appropriate t accounts and prepare a trial balance as of the end of the month in order to answer to the necessary may 2: fred invests $12,000 of his own money to start the new company. this money was obtained from a part-time job working at a legal firm while he was in school. may 3: fred spent $5,100 cash to purchase a refrigerated trailer that he can pull behind his car and set up at the beach. under your advice, fred agrees to place the new asset under an account called "equipment." may 6: fred bought $640 of supplies on account from the flav-o-rite confectioners company. because they will last longer than a single accounting period fred agrees to record them as, "supplies" as per your suggestion. may 13: fred sat on the beach for six hours without a single sale and was feeling very down. right before he left, however, a plumber escorting his family reunion along the beach stopped by his stand and bought $800 worth of smoothies for the entire family. under your advice, fred agrees to call this cash revenue, "sales." may 15: excited about his new venture, fred withdraws $350 from the company to take his girlfriend out to dinner. what would be the balance in the cash account at the end of the period following the posting of all the transactions?

Aaron corporation, which has only one product, has provided the following data concerning its most recent month of operations: selling price $ 102 units in beginning inventory 0 units produced 4,900 units sold 4,260 units in ending inventory 640 variable costs per unit: direct materials $ 20 direct labor $ 41 variable manufacturing overhead $ 5 variable selling and administrative expense $ 4 fixed costs: fixed manufacturing overhead $ 64,200 fixed selling and administrative expense $ 2,900 the total contribution margin for the month under variable costing is: