[A] To handle the day to day operations of the project.
Answer:
1 unit of X must be sacrifised to gain a unit of Y, with satisfying Budget Constraint .
Explanation:
Budget Line shows the product combinations that a consumer can buy with given prices & money income (spending all) . Equation : P1X1 + P2X2 = M
Price ratio slope of the budget line i.e = P1/P2 : shows the amount of a good needed to be sacrifised to gain a unit of the other good , given prices & income.
So, Price Ratio : PX / PY = 2 / 2 = 1 in this case; implies 1 unit of Good X is needed to be sacrifised to gain a unit of good Y with given prices & income.
Answer:
$51 million
Explanation:
The movement or difference between the opening and closing retained earnings is the net in the dividends paid and the net income for the year.
Given
net income = $41 million
Opening retained earnings = $675 million
closing retained earnings = $665 million
Dividend paid = p
$675 million + $41 million - p = $665 million
p = $675 million + $41 million - $665 million
p = $51 million
Dividend paid to shareholders is $51 million
Answer:
The government should engage in expansionary fiscal policy.
Explanation:
If there is a fall in the aggregate demand in an economy then this will restore by implementing the expansionary fiscal policy and the full employment level is achieved.
Expansionary fiscal policy states that a government of this nation should reduces taxes and increases its spending for inducing the aggregate demand to boost up. Lower taxes would increase the disposable income of the consumers and hence, the demand for goods and services increases.
These changes would increase the aggregate demand and shifts rightwards. This will maintain the full employment level in this economy.
D. It states that to allow enough time<span> to complete the activities that you've planned.</span>
