<span>While a familiar benchmark, the number of people who know of Big Macs are not comparable to those who buy them regularly. Thus, comparing a not-as-commonly purchased product with living essentials (such as staple foods and toiletries) provides a level of disconnect that hinders the very comparison it is intended to support.</span>
An elected official is a person who is an official by virtue of an election
<span> #1) Explain how money (increased commerce) spent by tourists in the Macro Islands moves through the economy's circular flow diagram.
Answer: Increased commerce spent by tourists in the Macro Islands moves through the economy’s circular flow diagram and will affect all portions of the Macro Island’s economy. First, the tourists that visit the Macro Islands will purchase goods from the product market, as a result it will form the product market. These purchased goods then go to the household where these goods will be used; this supports the product market. Here, the system branches off into three different directions: first, through the payment of taxes we reap government services; second, by investing our money in financial institutions, we sustain the financial market while collecting interest; third, because households provide resources like labor, we sustain the factor market and in return collect income. These three sections of the economy connect to businesses through government services, borrowing, and factors of production respectively. In the end the businesses provides foods and services to the product market to repeat this cycle.
<span>I hope it helps, Regards. </span></span>
Answer:
Instructions are listed below.
Explanation:
Giving the following information:
Cash flows= $8,000
Grow at a rate of 4% per year indefinitely.
We need to find the present value using the following formula:
Present Value= periodic payment/ (i - g)
i= interest rate
g= growth rate
A) Interest rate= 15%
PV= 8,000/ (0.15 - 0.04)= $72,727.27
B) i= 13%
PV= 8,000/ (0.13 - 0.04)= $88,889
Answer:
cash flow statement
Explanation:
because it determines the inflows and outflows of the business
