An invention is the name given to the development of a new good.
<h3>What an invention?</h3>
Invention refers to the process of creating something that has never been made. It is a unique or novel device, method, composition or process.
An invention uses technology to solve a specific problem hence the name given to the development of a new good.
Examples of invention includes:
- Manufacturing of Telephone.
- Manufacturing of printing press.
Therefore, the name given to the development of a new good is called invention.
Learn more about invention here : brainly.com/question/23538626
<span>A country's ability to meet its financial obligations is the main determinant of its "economic risk". Whether a country will be able to repay debts which it takes on, such as in the form of bond issues, is a key driver of the willingness of investors to make capital contributions to a country, and the return that they expect in exchange for assuming that risk.</span>
Answer:The output will be $billion and the price level will increase.
Explanation:Long term accommodative policies by government causes a shift to the right of aggregate demand curve in response to the left shifting of the aggregate supply curve in the short run.
This change will definitely cause an increase in aggregate demand without a corresponding increase in aggregate supply to meet the demand.
In doing this the government aims to permanently higher prices in order to restore employment and output to it's original level.
Answer:
Present value of future cash inflows of Project Y = $110,000 X 3.240 = $356,400
Explanation:
Provided cost of Proposal Y = $512,000
Residual Value = $0
Depreciation will not be considered as we need to consider the present value of future cash flows, depreciation does not involve any cash flow.
Useful life = 4 years
Estimated cash inflow per year = $110,000
Discount rate = 9%
Present Value of an Ordinary Annuity = 3.240 @ 9% for 4 years
Thus present value of future cash inflows = $110,000 X 3.240 = $356,400
Note: Net Present Value = Present Value of Cash Inflows - Present Value of Cash Outflow = $356,400 - $512,000 = -$155,600
Final Answer
Present value of future cash inflows of Project Y = $110,000 X 3.240 = $356,400
Answer:
Medical expenditures
Explanation:
Health insurance is one of the most important insurance types that are designed to cover all the medical expenditures that can incur in the future. Medical insurance is all about covering basic medical expenditures such as medicines, operations etc. There are various types of medical expenditures that insurance can cover, which vary according to the type of health insurance.