Answer:
- The budget deficit will decrease
- The curve it changes is the loanable funds curve
- The loanable funds curve shifts to the right
- The equilibrium interest rate falls
Explanation:
The reduction in transfer payments by Government will cause the budget deficit of the Government to decrease and also the the decrease in the Budget deficit will lead to the availability of loanable funds thereby causing the loanable funds curve to shift to the right.
With the availability of loanable funds the equilibrium interest rate will fall below its usual equilibrium level.and the Government can reduces transfer payments to achieve all of this.
Answer:
Explanation:
These programs are usually effective and successful because the current employees that provide for this program tend to be the more highly efficient employees in the company and they tend to recruit individuals who they personally know as responsible and qualified. This therefore not only brings in qualified candidates but also saves the company money on recruiters and trainers, since the employee themselves can train the new recruit.
Answer:
Staff authority.
Explanation:
In this case, Joan is exhibiting the type of staff authority.
This type of authority occurs when consulting with other line managers, providing them with ideas and advice, as seen in the question in the excerpt that says,<em> "Sometimes Joan makes strong suggestions about how other managers should deal with problems of your employees ".
</em>
Therefore, despite providing advice, it is necessary that the suggestions and ideas are approved by the superiors of each manager so that it can be implemented.
Answer:
Share price Today = $172.574
Explanation:
Using dividend growth model we can compute price of share after 3 years,
As follows:
Where P3 = Price at end of year 3
D4 = Dividend at end of year 4 = $10
Ke = Cost of return = 10%
g = growth rate = 5%
P3 = 
= $200
Now, we have
Year Dividend or price Present value factor Present Value
1 $9 0.909 $8.181
2 $9 0.826 $7.434
3 $9 0.751 $6.759
3 $200 0.751 $150.20
Net Present value of share today = $172.574
<span>It is irresponsible use of credit because his current income is too low. Hope I helped!</span>
