Answer:
The correct answer is a. Special revenue.
Explanation:
A special revenue fund is an account established by a government to raise money that must be used for a specific project. Special income funds provide an extra level of responsibility and transparency to taxpayers that their taxes will be used for a specific purpose.
Example: A city could establish a special income fund to pay the costs associated with stormwater management. The money from this fund could only be used for stormwater management expenses, such as street sweeping, sewer and ditch cleaning, system maintenance and a public awareness campaign. The city would have to publicly report where it raised the money from the special income fund and how it spent the budget of the special income fund.
Assembling a project team and assigning their responsibilities are done during the project initiation phase of project management.
Project management is an important part of achieving an objective, and is relevant in all spheres, from businesses, to social work, to sports, and education. Projects have a definite time frame for completion and therefore a lifecycle. There are distinct phases in executing a project.
The first phase is the project initiation phase. Here, decisions on the need and significance of the project are taken. Feasibility, viability, and practicality are important. The project charter is drawn up, targets are set, and responsibilities are allocated.
To learn more about phases of project management: brainly.com/question/14522044
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Answer:
A. Inelastic
B. a less than 10% increase in quantity supplied
Explanation:
A supply is inelastic when a percentage change in quantity supplied is less than percentage change in price.
A supply is inelastic if the price elascitiy is less than 1.
Answer:
5.75%
Explanation:
The computation of the yield on a bond with three years to maturity is shown below:
Given that
Yield on a one-year bond is 3%
The expected yield on one-year bonds for the next two years is 5% and 4%
And, the liquidity premium is 1.75%
So, the yield on a bond with three years to maturity is
= (3% + 5% + 4%) ÷ 3 years + 1.75%
= 4% + 1.75%
= 5.75%
Answer:
The correct answer is option D.
Explanation:
A monopoly firm is neither productively nor allocative efficient. The reason behind this is that it does not utilize the resources efficiently and produces below the socially optimal level of output.
Unlike perfect competition, which produces at the point where price equals marginal cost, a monopolist produces at the point where the price is greater than marginal cost.
This inefficiency is visible through the decrease in consumer surplus and deadweight loss. The difference between socially optimal level of output and monopoly output also represents inefficiency. The value of the goods and services that could have been made if monopolist chose to produce at a socially optimal level also shows inefficiency.
