Answer:
c. $25.2 million
Explanation:
Billy's Burgers' Accounts receivable 2011 = Accounts receivable 2010 *(1+Growth rate)
Billy's Burgers' Accounts receivable 2011 = $21,000,000 * (1+0.20)
Billy's Burgers' Accounts receivable 2011 = $21,000,000 * (1.20)
Billy's Burgers' Accounts receivable 2011 = $25,200,000.
Answer:
price elasticity of supply = 1.19
Explanation:
given data
work = 30 hours per week
paid = $11.00 per hour
raise = $15.00 per hour
work = 40 hours per week
solution
we get here price elasticity of supply that is
price elasticity of supply = ...................................1
put here value and we get here price elasticity of supply
price elasticity of supply =
price elasticity of supply = 1.19
In the long run, when the government pursues an accommodative policy, the output in the economy will be $80 billion and the price level will be $90 billion.
Due to the increase in the prices of oil and consequently the increase in the cost of producing goods and services in the economy, the short-run aggregate supply curve shifts to the left. As a result, in the short run, the output is established at a level lower than the natural level of output.
Now, the government pursues an accommodative policy in anticipation of the fall in output.
As a result, the AD curve shifts to the right, and the long-run equilibrium is restored at the natural level of output but at a higher price level than before.
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Answer:
1. Investment
2. Savings
3. Savings
4. Investment
Explanation:
In macroeconomics we define the savings as an outcome of earnings not spent.
And that the investment is amount spent on sources generating long term income, and increasing the wealth, that is durable.
The money borrowed for building a lab, will create a capital asset for the company with which the company can generate the funds and earnings.
The stock purchased is reflection of extra money available with the company, that represents savings.
Government bonds also reflects the utilization of savings.
Condominium is a huge building or complex, again capital in nature, creates an investment for the company.
Answer:
The formula to calculate the Budget Balance is
Government Income - Government Expenditure
in this case
$1.05 billion - $1.06 billion = -<u> 0.01 billion or - $100 million</u>
Explanation:
A budget balance is reached when a government expenditures are equal to it's income.
In this case, since the country's only source of income it is slightly less than than what is required to run the government, it has a budget deficient.
Since the country does not export or trade with outside countries, the government will need to take out a loan to make up for this deficient.