Following are some of the county’s governmental funds. The county has asked you to determine if any of the funds listed should be classified as major funds based on the GASB size criteria.

General Fund Special Debt Service Total of all Total of all

Revenue Fund Fund Governmental Governmental &

Funds Enterprise Funds

Assets 12,000,000 1,000,000 500,000 15,000,000 21,000,000

Liabilities 3,000,000 250,000 30,000 4,580,000 5,890,000

Revenues 10,000,000 600,000 1,450,000 13,770,000 17,123,000

Expenditures/

Expenses 9,859,000 725,000 1,300,000 13,460,000 16,665,000

Required: You must show all your computations in order to receive full credit even if you have the correct final answer!!!

Clearly indicate which fund(s) you believe should be classified as major. Provide all calculations and write out your decision-making for your choice(s).

Required: You must show all your computations in order to receive full credit

A) plot the m1 and m2 money stock in the us from 1990-2015. (hint: you may use the data tools provided by fred.) (b) plot the nominal interest rate from 1960 to 2014. (hint: you can either use the daily interest rates for selected u. s. treasury, private money market and capital market instruments from or the effective federal funds rate fromfred.) (c) the consumer price index (cpi) is a measure of the average change over time in the prices paid by urban consumers for a market basket of consumer goods and services. intuitively, the cpi represents the cost of living or the average price level. plot the cpi from 1960 to 2013.(d) the inflation rate is the yearly percentage change in the average price level. in practice, we usually use the percentage change in the cpi to compute the inflation rate. plot the inflation rate from 1960 to 2013.(e) explain the difference between the ex-ante and ex-post real interest rate. use the fisher equation to compute the ex-post real interest rate. plot the nominal interest rate and the ex-post real interest rate from 1960 to 2013 in the same graph.

Braden’s ice cream shop is losing business. he knows that customers are no longer choosing his product because a competing product has become less expensive, yet he has refused to lower his prices. what has happened to braden’s business?

Telecom co. enters into a two-year contract with a customer to provide wireless service (voice and data) for $40 per month. to induce customers, telecom co. provides a free phone. telecom co. normally sells the phone on a stand-alone basis for $200. telecom co. also charges the customer a one-time activation fee of $35.which of the following is true? a) there are two distinct performance obligations: the voice service and the data service b) the free phone constitutes as a marketing expense c) the activation fee is a separate performance obligationd) there are two distinct performance obligations: the wireless services and the phone