Answer:
c
Explanation:
depend on the scenario.. all costs that are directly related to that decision all relevant cost.
The annual interest rate is 11.803%.
Assumptions:
- Interest is compounded annually.
Answer:
C
Explanation:
as a broker of the landlord Joe owes his principal a duty to procure a reliable tenant. and as such he is in breach of the brokerage agreement.
Answer:
Macmillana's GDP is less sensitive economic fluctuations than Bloedelo's GDP. Two reasons account for this:
1) The keynesian multiplier is smaller.
The keynesian multiplier tells us about the sensitivity of GDP to increases in domestic expenditure (consumption, investment or government purchases). If the keynesian multiplier is small, then, GDP will be less sensitive to fluctuations in aggregate expenditure.
2) Macmillana's economy has implemented automatic stabilizers, while Bloedelo's economy has not.
Automatic Stabilizers are government policies meant to reduce fluctuations in GDP. The two most common automatic stabilizers are: income taxes and unemployment benefits.
Automatic Stabilizers reduce the kenyensian multiplier, dampening Macmillana's GDP sensitivity to fluctuations even more.
