<span>This description is taken from the epic poem “Beowulf”,
and describes Hrothgar, King of Denmark. This
poem is considered the eldest English epic poem, dated somewhere between 975
and 1025 and the author is to this day unknown. </span>
<span>The policies of the government directly affect how people react to certain things. When the government supports and believes in alternative source of energy they will approve fundings and subsidies efforts that will help promote or make that policy effective and this was the case of the Obama Administration. Moving towards the ideal levels of lowering the dependance on fossil fuel is not only good for the American economy in terms of not having to import refined crude oil for the transport and aviation industry but it's good for the environment at large.</span>
Answer:
D. $ 600,000
Explanation:
if X's withdrawals = y
Net Income = 2y
X 's share of profit = 2y ×60%
= 1.2 y
X's Closing capital + X's withdrawals = Opening Capital + Share of Net income
$ 140000 + y = $ 80000 + 1.2y
1.2y - y = $ 140000 - $ 80000
= $60000
0.20y = $ 60000
y = $ 300000
Therefore,
Net Income = 2y
= 2×300000
= $ 600000
Answer:
$7.5
Greater
Explanation:
Price elasticity of demand = percentage change in quantity demanded/ percentage change in price
0.2 = 10%/ percentage change in price
percentage change in quantity demanded = 50% = 0.5
0.5 = (New price - $5) / $5
New price = (5 × 0.5) + 5 = $7.5
In the short run, demand is relatively inelastic because consumers need time to find suitable substitutes but in the long run, demand is usually more elastic.
I hope my answer helps you
Answer:
i) $21 billion
ii) $0
iii) $0
Explanation:
GIVEN DATA : ( two countries )
At the end of year 2
net exports = $20 billion for Japan
Interest earned from assets = $1 billion for Japan
i) The balances for the current account for Japan
export value + interest earned from assets
= $20 billion + $1 billion = $21 billion
ii) Financial account for Japan
Financial account for Japan will be zero because there is no increase or decrease in number of its assets within the given period
iii) capital account for Japan
Capital account of Japan will will have a zero balance. this is because Capital account is used to record foreign investments, local investment and the reserve account as well. and there was no investment captured within the given time that was made by Japan
