Answer: 2) increasing opportunity costs.
Explanation:
The Production Possibilities frontier is bowed out as it shows that for one more unit of a good to be produced, an additional unit of the other good must be given up.
This represents increasing opportunity costs because opportunity cost is the cost we incur for choosing one alternative over another. By producing more and more of one good, we give up more and more of the other good which means that our opportunity cost rises.
Answer:
$6,000
Explanation:
Since it is stated in the question that "Typically, the credit card bill is paid in full in the following month", it implies that cash will be disbursed in October for purchases of goods made in September, while cash will be disbursed in November for purchases of goods made in October.
Based on this, Lambert's expected cash disbursement in October for purchases of goods made in September is $6,000, while his expected cash disbursement in November for purchases of goods (a new computer) made in October is $4,500.
Answer:
d. encourages both U.S. and foreign residents to buy U.S. assets.
Explanation:
The interest rate in a country has influence on the capital of it.
When the real interest rates in the United States increase, the U.S. assets have higher value so that become attractive to funds. Thus, it encourages both foreign and U.S. residents to buy U.S. assets.
Besides, when the real interest rate in the U.S. increases, it encourages the U.S residents to save more U.S. assets and discourage them from purchasing foreign assets
=> The net capital inflow in U.S would increase
Answer:
2. $3600
Explanation:
The computation of the depreciation expense under the Straight-line method: is shown below:
= (Purchase value of computer equipment - residual value) ÷ (estimated useful life)
= ($19,200 - $0) ÷ (4 years)
= ($19,200) ÷ (4 years)
= $4,800
The depreciation that is calculated above is on yearly basis. But on monthly basis, the depreciation should be calculated from January 1, 2012 to September 30, 2012 i.e for 9 months
So, the depreciation would be
= $4,800 × 9 months ÷ 12 months
= $3,600
We assume the deprecation is calculated on the straight-line method
The Competition among economic units diffuses economic power within the businesses and households that make up the economy.
<h3>What is Economy?</h3>
Economy refers to the area or the region which produces the goods and services. It implies to the wealth and the resources of the nation. It involves the management of the finances. for example :- the stock market system of the United States.
The competition among the business leads to the innovation of the new products and the services which in turn is beneficial for the customers. It diffuses the economic power as the income earned gores in the market and the household.
Thus it helps in the economic growth of the nation. Therefore the correct option is diffuses economic power within the businesses and households that make up the economy.
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