Answer:
The Net Cash <em>used</em> in Financing activities is $30,800
Explanation:
<em>Step 1 Determine the Movement in Cash during the period.</em>
Movement = Ending Cash Balance - Beginning Cash Balance \
= 18,200 - 11,600
= 6,600 (inflow)
<em>Step 2 Determine the Cash flow in Financing Activities </em>
<u>Cash flow statement for the year</u>
Cash flow from Operating Activities $29,000
Net Cash flow from Investing Activities $ 8,400
Net Cash flow from Financing Activities (Balancing figure) ($30,800)
Movement in Cash during the year $6,600
Therefore, The Net Cash used in Financing activities is $30,800
Answer:
b. Alpha conducted substantial business with New Jersey residents through its Web site.
Explanation:
If Alpha conducted substantial business with any person living or being in New Jersey while doing so, then a New Jersey court will have jurisdiction over Alpha's business. A company can interact with its customers, for example, provide customer service for free, but if it makes business in the state, then it falls under the jurisdiction of the state.
You for got to give the scenario. So, I will put the scenario below so the question is complete and then give the explanation and answer:
(Scenario: Technological Progress and Productivity Growth in Techland)
In Techland
, from 1980 to 2010, holding technology and human capital fixed, increasing physical capital per worker from $25,000 to $100,000 would have led to a doubling of real GDP per worker, from $40,000 to $80,000. However, not only did physical capital per worker increase from $25,000 to $100,000, but technological progress shifted the productivity curve upward so that real GDP per worker actually increased from $40,000 to $320,000.
Explanation:
Total factor productivity represents the increase in total production which is in excess of the increase that results from increase in inputs. Productivity is a measure of the relationship between outputs and inputs. This means it equals output divided by input. There are two measures of productivity that consist of labor productivity, which equals total output divided by units of labor and total factor productivity, which equals total output divided by weighted average of the inputs
Thus, we should have, based on the scenario, that 5% share of the growth rate of real GDP per capita was attributable to higher total factor productivity
Answer:
5%
Answer:
The correct answer is option D.
Explanation:
The consumer price index is a tool to measure inflation in the economy. It measures the change in price level through a basket of goods generally purchased by the households. It does not include change in quality.
It is measured as
CPI =
In the given example, the price of the car is increasing but the quality is improving as well. Since the CPI does not include quality, the inflation rate will be overstated.
Question:
Tariffs and quotas can potentially benefit domestic producers of protected products. Which of the following arguments do economists make?
A) Non-tariff barriers are more economically efficient.
B) This has almost no effect on foreign consumers and foreign producers.
C) The gains to domestic consumers are even higher because of lower prices.
D) The societal gains from free trade are greater as a result of specialization
Answer:
The correct answer is D) The societal gains from free trade are greater as a result of specialization.
Explanation:
There are two key words to look at here:
<em><u>Free Trade</u></em> and <em><u>Specialization</u></em>
<u>Free trade</u> means that countries can import and export goods without any tariff barriers or other non-tariff barriers to trade. Essentially, free trade enables
- lower prices for consumers,
- increases exports,
- benefits from economies of scale and
- a greater choice of goods.
<u>Specialization </u>in economics refers to a situation where a nation focuses on the production of a limited variety of goods where it has <em>comparative advantage.</em> It oftentimes has to forgo producing other goods and relies on obtaining those other goods through trade. A country has a comparative advantage at producing something if she can produce it at lower cost than anyone else.
Free trade leads to specialization, where a country only produces goods that they are most efficient at, i.e., in which they have a lower opportunity cost. Specialization leads to higher levels of output.
Other benefits of Free trade include but are not limited to:
- Efficiency: With free trade, domestic firms face competition pressure from companies abroad and therefore there will be more incentives to cut costs and increase efficiency. Free Trade encourages an efficient utilization of scarce resources.
- Free trade enables an increase in consumption as countries can consume combinations of goods outside their production capacity.
- Technology transfer occurs more easily with free trade, and this often leads to accelerated improvements in technology.
Cheers!
