Answer the following questions. a. Will classifying the portfolio as each proposes actually have the effect on earnings that each says it will?
b. Is there anything unethical in what each of them proposes? Who are the stakeholders affected by
their proposals?
c. Assume that Beresford and Nielson properly classify the entire portfolio into trading, available-for-sale,
and held-to-maturity categories. But then each proposes to sell just before year-end the securities
with gains or with losses, as the case may be, to accomplish their effect on earnings. Is this unethical?
ment

Hanna intends to give her granddaughter, melodee, her antique hat pin. this heirloom has been kept under lock and key in the wall vault in the library of hanna's house in virginia. the hat pin is currently the only item in the vault. when hanna is visiting melodee in connecticut, hanna gives melodee the only key to the vault. melodee is grateful for the present and excitedly accepts. in this situation has there been a completed gift?

4. suppose that pollution in a neighborhood comes from two factories, with marginal benefit curves given by mb1 = 12 – p1 and mb2 = 8 – p2. the level of pollution in the neighborhood is given by p = p1 + p2. the government wants to limit pollution by instituting a pollution-rights market. the government’s desired level of p is 10, so it prints 10 pollution rights and offers them for sale to the firms.a)find the equilibrium selling price of a pollution right, as well as the allocation of rights (and hence pollution levels) across the two factories. b)repeat part (a) for the case where the government’s desired level of pollution equals 14. c)comment on the usefulness of a pollution rights market in achieving efficient levels of pollution abatement.

Use this image to answer the following question. when the economy is operating at point b, the us congress is most likely to follow