Answer:
1. economic growth;
2. the size of the economy
Explanation:
According to the neoclassical standpoint on issues relating to macroeconomics, it is believed that, over a long period of time, the economy will vary around its potential GDP and its natural rate of unemployment.
Therefore, the size of the economy is defined by potential GDP, and wages and prices will adjust in an intelligent manner so that the economy will move back to its potential GDP level of output.
Hence, The neoclassical view holds that long-term expansion of potential GDP due to ECONOMIC GROWTH will determine THE SIZE OF THE ECONOMY
Answer:
A buyer would be willing to pay at most $24,000.
Explanation:
There is a 40% chance of getting low quality cars.
Value of high quality car is $30,000.
Value of low quality car is $15,000.
Price of car that buyer will be willing to pay
=40% of lower quality+60% of higher quality
=40% of $15,000+60% of $30,000
=0.4*15,000+0.6*30,000
=$6,000+$18,000
=$24,000
So, the buyers will be willing to pay a maximum value of $24,000.
The entry to record the transaction for materials requisitioned by the production department is to
Debit WIP $156,000
Credit Materials $156,000
Organization accountants should account for direct and indirect materials one after the other. The magazine entry for direct substances, this is, substances that can be without delay traced to merchandise, is a debit to the paintings in technique and a credit to the raw materials inventory accounts.
To file materials used in manufacturing, a debit for the value of raw substances is made to the WIP inventory account and a credit score is made to the raw substances account. Exertion fees are spilt between direct and indirect labor.
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Answer:
Answer is option b, i.e. Passion for his invention.
Explanation:
Roland has almost all the qualities of a successful entrepreneur which includes an innovative mindset, ability to identify new opportunities, but he lacks in being passionate about what he desires to achieve. To start something new and follow one's dream one has to be passionate enough to be consistent and patient. Passion without patience is merely a dream which cannot be realized in true form. Hence, instead of quitting on what Roland had started, he should have searched for some more ideas to influence various agriculture companies.
Answer: C) The implied country risk premium of the foreign government bond is positive.
Explanation:
Given that the effective foreign risk-free rate is 6.336% and the interest on the foreign Govt. bonds is 7.5%, this would mean that the foreign govt. is offering higher on it's bonds than its risk free rate which means there is a premium.
The premium is;
= 7.5% - 6.366%
= 1.134%
This means that the implied country risk premium of the foreign government bond is positive.
