Answer:
True
Explanation:
There are two reason which suggest that action will generate greater inequality.
1. some amount is stolen by government official thus fund is getting allocated to person who are already self-sufficient hence causing inequality
2. even left portion of fund is not allocated proportionally to all the area and thereby increasing the inequality.
Answer:
Attached grap with point A and B.
Explanation:
Russia will produce the cars as their production has te lower opportunity cost:
(Note: Opportunity cost is the amount of production resigned for the current output)
<u>Sweden pportunity cost for production car: </u>
25 ton of papper / 5 m cars = 5 tons per millon of cars
<u>Russia pportunity cost for production car: </u>
8 ton of papper / 4 m cars = 2 tons per millon of cars
With the trade set at 2 millon car for 6 tons of paper we get the following
Sweden produce 25 tons - 6 traded = 19
and receive 2 millon car
Russia produce 4 millon car - 2 traded = 2
and receive 6 tons of pappers
Answer:
$12,620
Explanation:
Cost of Direct materials of Job 99 = $70 x 100 = $7,000
Cost of Direct labour of Job 99 = $5 x 100 = $5,000
Overhead Expenses of Job 99 = $62 x 10 = $620
Total job cost for Job 99 = 7000 + 5000 +620 = $12,620
The economy is consider to be at full employment.
Answer:
€ 0.004871
Explanation:
Direct quote is a method of quoting a foreign currency per one unit of domestic currency.
Indirect quote is a method of quoting a foreign currency in which price of foreign currency is expressed in domestic currency.
In the given question to find the units Euro per Yen we need to divide the Euro per dollar rate with the Yen per dollar rate.
Euro 0.5547 / $1
Yen 111.83 / $1
Euro per Yen = 0.5547 / 111.83 = €0.004871 per ¥1
