Answer:
Government policies can help stabilize the economy.
Economic condition of any economy can be determined by determining its GDP and level of employment in the economy. Government policies like Fiscal or Monetary Policies can help stabilize the economy. If the economy is passing through recession,the expansionary monetary or fiscal policies can be implemented by the government. Government can reduce the CRR and Repo Rate and relaxes taxation policy so that more amount is left with the people to raise their living standards. On the other hand, at the time of prosperity,contractionary monetary or fiscal policies can be used . CRR and Repo Rate can be raised and tight taxation policy leave the public with less disposable income and thus their demands come down.
Increasing productivity leads to economic growth
Any economy stands on basically four pillars : GDP, Inflation, Employment and National Income.
As the productivity improves,the GDP of the economy grows.For higher level of production higher level of worker participation is required leading to higher level of employment. It will lead to higher supply of commodities and thus the price and inflation can be controlled. Higher level of employment also leads to higher level of National Income.Thus overall, the economic growth takes place.
Thus we can say that Increasing productivity leads to economic growth.
Answer:
$5,225,417
Explanation:
first payment 800000
1 quarter 250000
2 quarters 254000
3 quarters 258064
4 quarters 262193
5 quarters 266388
6 quarters 270650
7 quarters 274981
8 quarters 279380
9 quarters 283851
10 quarters 288392
11 quarters 293006
12 quarters 297694
13 quarters 302458
14 quarters 307297
15 quarters 312214
16 quarters 317209
17 quarters 322284
18 quarters 327441
19 quarters 332680
20 quarters 338003
11% = (1 + i/4)⁴
i = 0.106
quarterly interest = 2.65%
Now we need to determine the present value of this annuity and our discount rate is 2.65%. I will use an excel spreadsheet to determine the present value of the 20 quarterly payments and then add the initial payment.
$4,425,417 + $800,000 = $5,225,417
20 pages in one night times 3 nights = 60. 60 pages times 3 problems per page is 180 problems.
20*3=60
60*3=180
Answer:
c) $30,600
Explanation:
Bank statement balance = $36,000
Outstanding checks = ($10,000)
Deposit in transit as at month end = $4,000
Erroneous check charged = $600
Correct balance in the bank account = $36,000 - $10,000 + $4,000 + $600
= $30,600
The right option is c) $30,600
