<span>As part of his overall stock portfolio, Jason bought a few shares of Facebook. in this context, he would best be described as shareholder of facebook.</span>
Answer:
The correct answer is "the sum of all monetary transactions involving final goods and services that occur in the economy in a year"
Explanation:
The Gross Domestic Product is divided into nominal GDP and the real GDP.
The Nominal GDP is the sum of all monetary transactions involving final goods and services that occur in the economy in a year.
The Real GDP is the sum of all monetary transactions involving final goods and services that occur in the economy in a year, but adjusted to the inflation. The real DGP can consider changes in price level and can present a more accurate figure of economic growth.
Answer:
Explanation:
1. Mineral mine - $9.3 million
Development costs - $2500 000
1/[(1+0.07)^4]=0.76290
Restoration costs = $472995 = [(530k * 0.4)+(630k * 0.3)+($730k * 0.3)] *0.76290
Cost of mine= $9.3 million+$2500 000+$472995 = $12272995
2. Depletion:
($12272995/730000tons)*113000tons=$1899792
Depreciation of machinery=($143400-$12000)/730000 * 113000tons = $20340
Depreciation of structures=($36500/730000tons)*113000tons=$5650
3. Accrecion expense recognized:
$472995*0.07*8/12=$22073
Answer:
Keynesian
Explanation:
Keynesian and classical are two economic schools, which basically shaped economic theories over the years. According to the Keynesian government must increase spending and decrease the burden of tax to gain economic growth. In the above scenario, the prime minister has increased government spending which shows that she is following Keynesian economic theory to resolve economic crises. According to Keynesian government spending can solve a crisis, as it provides employment opportunities and decreases inflation.