For all the technology coming out of China today, its rural community is still very primitive. Farmers in the Western World have found ways to scientifically improve their growing techniques. Crop rotations allow for nutrient rich plants to regenerate the soil every other year. Also letting a field go fallow one years allows for recovery of soil. There are many other ways the West is improving their crops and educating new farmers in agriculture science. However, southeast Asian farmers to do not have access to this technology or sometimes computers/internet. They are using the same techniques that they have for over a thousand years. Until education is available for them or they are taught different they will continue to use the same techniques taught by their father. Even to the detriment of their land. 
        
             
        
        
        
Answer: The correct answer is choice a.
Explanation: It is important to understand that economics is cyclical and will have fluctuations. When considering the impact of institutions and policies on economic performance, it is most important to focus on the long term economic growth. This answer is found in choice a.
 
        
             
        
        
        
Answer:
Explanation:
The retained earning are the earnings of the business organization which is earned until the date. 
The net income or net loss would reflect in the statement of the retained earning account. 
The ending balance of retained earning = Beginning balance of retained earnings + net income - dividend paid
The journal entry is shown below:
Retained earnings A/c Dr $3,000
           To Dividend A/c $3,000
(Being dividend account is closed)
 
        
             
        
        
        
My head hurts reading this...
        
                    
             
        
        
        
Answer:
d. If the WACC is 9%, Project B's NPV will be higher than Project A's. 
Explanation:
The internal rate of return is the return in which the NPV is zero i.e cash inflows equal to the initial investment
While the WACC refers to the cost of capital by considering the capital structure i.e cost of equity, cost of preferred stock and cost of debt by taking their weightage
Now if the WACC is 9% so project B NPV would be higher as compared to project A as we can see that project B IRR is greater than the project A IRR
Therefore option d is correct