By definition, government expenditure refers to the money
used in the acquisition of goods and services for current use. In this case,
the government expenditure is simply equivalent to investment.
<span>Government
expenditure = </span>$400 billion
From economics: I=S+T–G+M–X
Where
I = Investment
S = Savings
T= Tax revenues
G =Government budget
M = Import
X = Export
Rearraging to get G:
G = S – I + T + M – X
G = $400 billion - $400
billion + $500 billion + $200 billion - $300 billion
<span>G = Government budget = $400 billion</span>
Answer: The correct answer is the current cost of the television.
Explanation: When insurance coverage is for replacement value it means that if the insured suffers a loss they will receive the cost to replace the item. In this case, the television was $1,200 when he purchased it six years ago. If the same television is $2,000 to replace it, then he will receive the $2,000, not the $1,200 that he originally paid for it.
Answer:
13.00 percent
Explanation:
IRR is the rate at which the NPV equal to zero. Using the CF key on a financial calculator, use the following inputs to solve for Internal Rate of Return (IRR) ;
Initial investment; CF0 = -127,900
Yr 1 cashflow; C01 = 43,800
Yr 2 cashflow; C02 = 40,200
Yr 3 cashflow; C03 = 46,200
Yr 4 cashflow; C04 = 41,800
then compute the IRR by keying in IRR, CPT = 13.00%
Answer:
The answer is (c) First National Bank is not in a position to extend additional loans.
Explanation:
Please find the below for detailed explanation and calculations:
The First National Bank current reserve ratio is calculated as : Vault cash and deposits of the Bank with the Fed/ Total demand deposits of the Bank = $80 million / $400 million = 20%.
As the First National Bank' reserve ratio is now equal to the Fed's Reserve Requirement, First National Bank can not further extend its loan portfolio's balance, otherwise, its reserve ratio will fall below Fed's requirement which is not acceptable.
So, the answer is (c).
Answer:
The correct answer is letter "C": simple structure.
Explanation:
Canadian professor Henry Mintzberg (<em>born in 1939</em>) proposes there are five types of business organization structures: <em>Simple structure, Machine bureaucracy, Professional bureaucracy, Divisionalized, </em>and <em>Adhocracy</em>. Startups usually managed by their founders are characteristic of the simple structure since this type of organization has a loose organizational structure, are usually flexible and sometimes even informal. Though, it does not leave aside the contribution of its member to achieve the goals of the organization.
