Answer:
b) occurs when total spending exceeds the economy's ability to provide output at the existing price level.
Explanation:
Demand-pull inflation, as the name implies, is inflation that is caused by excess demand. It occurs when the aggregate supply of the economy cannot keep up with aggregate demand, leaving people's needs for goods and services not fully satisfied.
This causes inflation because now more people are trying to buy the same amount of goods and services.
Answer:
B. Miniperm loan
Explanation:
A mini perm loan is a form of temporary loan of financing that is used in commercial projects before those commercial projects becomes profitable. It is a temporary loan that is used to pay off construction loan and it is typically payable in three to five (3 - 5) years. It is a short term loan also used in the acquisition of investments properties. In this scenario, the developer would most likely seek financing in form of mini-perm loan.
Answer: The correct answer is choice d.
Explanation: The main source of profits for financial institutions is the interest that it receives on money that it loans out. More specifically, the difference between interest paid on deposits and interest received on loans. The other choices do represent revenue streams for financial institutions, but they are not the primary ones.
Answer:
a)Jada's basis for depreciation in the property is NIL.
b) Personal property that has no intrinsic value is called 'INTANGIBLE PROPERTY'.
Explanation:
Due to a decline in the property values over the past few years Jada has converted her personal residence to rental property and/or investment property which is a subject dealt within IAS 40 (Investment property).
According to IAS 40 an investment property is land or building held to earn rentals or for capital appreciation or both rather than use in the entity. IAS 40 requires to initially measure investment property at cost and subsequently may either measure at cost or fair value model. Fair value is normally established by prevailing market prices.
IAS 40 also mentions that if an asset is revalued to fair value the gain and loss should be recorded in statement of profit and loss and 'NO DEPRECIATION IS CHARGED ON THE ASSET AFTER THE FAIR VALUE MEASUREMENT'.
Therefore, following the instructions laid out by IAS 40 Jada's basis for depreciation in the property is NIL.
2) Personal property with no intrinsic value:
Personal property that has no intrinsic value is called 'INTANGIBLE PROPERTY'.
Lets first understand what intrinsic value is. Intrinsic value of an asset refers to the market led and/or market-driven price of that asset. This means those assets which don't have an active market for sale and purchase will have no intrinsic value. This is absolutely the case with intangible assets, because most intangible assets are unique and uncommon, such as, GOODWILL, PATENTS, COPYRIGHTS, therefore due to the uniqueness and exclusivity of such assets an active market place doesn't exist therefore it's hard to determine an intrinsic value for such kind of assets/ properties.
it is either foreign commerce or outsourcing but i am leaning more towards foreign commerce
hope this helps
