Answer:
c. it ignores all cash flows after the payback period
d. it ignores the time value of money.
Explanation:
Payback period as far as capital budgeting is concerned can be regarded as time that is required for recouping of funds that is been expended during setting up of an investment, or the funds required to get to break-even point. It should be noted that weaknesses of the payback period are;
✓. it ignores all cash flows after the payback period
✓ it ignores the time value of money.
If the government and central bank don’t follow the economic policy, it could result in an economic depression
Answer:
Wage year 4= $12222.19
Explanation:
Giving the following information:
Each additional year of education causes future wages to rise by 7 percent.
A person with 12 years of education makes $21 000 per year.
A person with 4 years of education=$?
We will use the present value formula to calculate the wage in year 0. Then with the final value formula calculate the year 4 wage.
PV= FV/[(1+r)^n]
FV=final value at t time
r= rate
n= period of time
PV= 21000/(1,07^12)= $9324. 2511
Final Value= PV*(1+r)^t
Final Value year 4= 9324.2511*(1,07^4)= $12222.19
Current output Y = AK^(alfal)L^(1- alfa)
Here A = 100
K= 50,000
L = 100
a ( Alfa) =o.33
Y= 100*(50,000)^0.33*(100)^0.66= 5642.296
Calculus. The analysis is the most common type of mathematics in economics. Calculus uses a variety of formulas to measure limits, functions, and derivatives. Many economists use calculus in measuring economic information.
Mathematics and Economics are complementary fields. Most areas of modern economics make extensive use of mathematics and statistics, and several important areas of mathematical research have been motivated by economic problems.
No. Economics Mathematics is not difficult. Economics is not a particularly difficult undergraduate subject. ...but the most prepared economics majors choose to take mathematics courses at roughly the same level as mathematics majors, and many even choose to double major.
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You would get 20 basketballs at $30 and 30 basketballs at $20.