distribution of raw material. is decided by givernment
The level of GDP is the main determinant of the amount of money demanded for transactions.
The income (Y), the expected inflation (π), and the interest price (I) are 3 important primary determinants in a popular money call for characteristic. In principle, cash call for is an incremental characteristic of real profits as normal price range circumstance dictates, and it is the maximum critical variable in money call for characteristic.
In summary, the demand for cash depends on the charge degree, the interest fee, and the actual gross home product. these 3 elements combine to determine the fraction of human beings' wealth that they maintain as coins and checking for shopping and the fraction that they preserve as interest-bearing belongings.
For a given amount of wealth, the solution to this query will depend upon the relative costs and blessings of retaining money versus other property. The demand for money is the connection between the amount of money human beings need to keep and the elements that determine that quantity.
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(C ) Improvements in worker health from better nutrition
Robert Fogel, an economic historian, and Noble prize winner for Economics, is best known for suggesting that a significant factor in long-run economic growth is improvements in worker's health from better nutrition, he was of the opinion that malnourished workers cannot perform manual labor, because they don't have the strength and stamina, and this will affect productivity. He believed that as nutrition improve, so will worker's productivity.
Answer:
C) 3.09 years
Explanation:
Calculation for How long has she owned this land
Using financial calculator to calculated the number of years
I/Y = -1.5%
Present value=PV = -$67,900
PMT = 0
Fair value=FV = 64,800
First step is to Press CPT and then N, which will gives us 3.09 years
Therefore has she to owned this land for 3.09 years.
Answer:
Net income= 561,506.25
Explanation:
Giving the following information:
sales of $1.67 million, cost of goods sold of $810,800, depreciation expenses of $175,000, and interest expenses of $89,575.
Tax= 35 percent
We need to determine the net income.
Sales= 1,670,000
COGS= (810,800)
Gross profit= 859,200
Depresiation= (175,000)
Interest= (89,575)
EBT= 594,625
Tax= (594,625*0.35)= (208,118.75)
Depreciation= 175,000
Net income= 561,506.25
