An Astronomer Needs to Measure the Distance to a Globular

question 25

Multiple Choice

An astronomer needs to measure the distance to a globular cluster of stars that is part of the Milky Way Galaxy. What method should she try to use to find the distance?

• A) measure the parallax of the cluster
• B) count the number of O and B type stars in the cluster
• C) look for flickering x-rays coming from a black hole in a binary star system in the cluster
• D) measure the red-shift of the cluster
• E) find a variable star (cepheid or RR Lyrae) in the cluster

Identify and explain the various arguments for trade protection, including the infant industry argument and the national security argument.

Analyze the economic impact of trade protection policies on prices, consumer surplus, and producer surplus in both the imposing and exporting countries.

Distinguish between tariffs and import quotas and their respective effects on government revenue, quota rents, and market prices.

Recognize the role and functions of the World Trade Organization (WTO) in overseeing international trade agreements and resolving trade disputes.

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Definitions:

Semiannual Interest

An interest payment made twice a year on a loan or investment.

Issuance Date

The date on which a financial instrument (e.g., bond, stock, or certificate of deposit) is issued or made available for sale.

Accrued Interest

The interest that has accumulated on a bond or loan but has not yet been paid to the lender, often recorded as a current liability on the balance sheet.

Accrued Interest

Interest that has been earned but not yet received or recorded as income by the company.