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MrRa [10]
3 years ago
5

Data collected in the imaginary economy of kharkeez reveals that when the price of bork increased by 20%, the quantity of bork s

old decreased by 15%
Business
1 answer:
Blababa [14]3 years ago
7 0
It is assumed that what is asked in this item is the rate of return of Kharkeez after an increase of bork price of 20% and then a decrease in selling price of 15%. The resulting function generated is 1.2x = k 0.85y. The increase is reflected on the addition of 20% (1.2) while the decrease is reflected on 1-0.15 equal to 0.85.
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In a small open economy, starting from a position of balanced trade, if the government increases domestic government purchases,
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Answer:

Option A is correct.

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Explanation:

In a small open economy, starting from a position of balanced trade, if the government increases domestic government purchases, this produces a tendency toward a trade <u>deficit </u>and <u>negaive</u> net capital outflow.

This corresponds to the concept of twin deficits where a budget deficit that results from increased government purchases, also results in current account deficit. Since trade deficit implies negative NX there is a negative NCO.

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Company A has a shorter Average Collection Period than Company B using the formula 365 / (Credit Sales / Average AR Balance). Wh
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Answer:

Statement B is correct

Explanation:

Provided Information that,

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Statement A is wrong as Company A has less Average Collection Period, thus it's credit sales percentage would be higher than Company B.

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3 years ago
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5 0
2 years ago
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Answer:

Amount of cash flow will be $2328

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4 0
3 years ago
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