Answer:
The payment will be approximately at the end of 5 Years of $27,764.28, so option a is the correct one
Explanation:
In order to calcualte The exchange rate at the end of five years is we have to use the following formula:
= 7.0305 * {(1+ interest rate in Norway)/(Interest rate in US)}^5
= 7.0305 * [(1.031)/(1.026)]^5
= Nkr 7.2035 / $
= $1/7.2035 / Nkr
= $0.1388 / Nkr
Henche, The payment to be recieved at the end of 5 years will be NKr 200,000, therefore the value of the payment in dollars is = $27,764.28
Answer:
b. 16 utils.
Explanation:
price of one apple = $0.75
marginal utility from consuming one apple = 24
utils per dollar (from apples) = 24 / $0.75 = 32 utils per dollar
since each banana costs $0.50, Hugh must be obtaining a marginal utility = 32/$ x $0.50 = 16 utils from one banana
when you maximize your marginal utility, the utils per dollar must be equal for both products
Answer:
extensary fiscal policy tools including increasing government spending discreasing taxing or increasing government transfer doing any of these things will increase aggregate demand leading to higher output higher employment and higher price level
Answer:
B. Cost-Benefit
Explanation:
According to the Financial Accounting Standard Board (FASB) framework, it is important to estimate the cost and benefit of information before deciding the relevance of the information. It decides when to disclose and whether to disclose the information
Once, the cost of such information outweighs the benefits of its disclosure then FASB framework terms it as not relevant.
Cost of Information
Financial reporting through the preparation of financial statements has a cost, these costs include provision, preparation as well as the audit of the information provided. The cost-benefit constraint basically intends to ensure that financial statements are most-effectively and most-efficiently prepared.