Answer
The answer and procedures of the exercise are attached in the following image.
Explanation
Please consider the data provided by the exercise. If you have any question please write me back. All the exercises are solved in a single sheet with the formulas indications.
Answer:
BOP statistics.
Explanation:
Balance of payment statistics is used to record all the flow of goods, services, income, and capital from an economy to other economies. Balance of payment is a comparism between economic unit of a country and the same economic unit in other countries.
Todd, an analyst for the U.S. government, has been given the task of assessing the economic performance of Country X in the international marketplace. Todd will use the BOP statistics as a measure of country X's performance against other countries.
Answer:
The idea that a higher price means the buying power of income has been reduced.
Explanation:
The income effect is defined as the change in consumption of goods of services after a change of income. If income grows, it is expected that the consumption of goods and services will also grow (this can be measured by the marginal propensity to consume), and viceversa.
If prices rise, the buying power of income will be reduced even if income has grown. If prices rises even more than income, the buying effect of income will fall even more. This two statements can be both explained by the income effect concept.
Answer / Explanation:
Kindly note that the question is incomplete. However, kindly find the complete question below and the answer.
Complete Question
Water is flowing in a trapezoidal channel at a rate of Q=20m³/s . The critical depth y for such a channel must satisfy the equation:
0 = 1 − Q² / gA³c . B Where g= 9.81m /s² and Ac = the cross-section area can be related to depth y by B = 3+y and Ac = 3y+y²/2. Solve for the critical depth using (a). the graphical method,
Answer:
Given the equation,
0 = 1 − Q² / gA³c. B
Now substituting the given value g= 9.81m /s² , Q =20m³/s, B = 3+y, and Ac = 3y+y²/2,
We get:
0 = 1 - 20² / (9.81) ( 3y + y²/2)³ (3+y)
Hence we choose f(y) = 1 - 40.7747 / (3y + y²/2)³ . (3 + y) and solve for f(y) = 0
Therefore,
To solve using a graph, we take twelve sample points ( starting at y = 0.25 in step of 0.25m and plot a graph using MS- Excel. Kindly find the graph below.
2) As evident from the sample point and the graph function f(y) gets close to zero at y = 1.5, hence the root of f(y) = 0 is Xr = 1.5
Answer: Savings on taxes of -$50,008
Explanation:
Book Value = $450,000
Selling Price = $271,400
Book Value is more than selling price so there is a Capital loss.
Capital gains tax will therefore become a tax saving of;
= 28% * (271,400 - 450,000)
= -$50,008
