Answer:
- b. Differences in Values
- c. Tariffs and import quotas generally reduce economic welfare.
Explanation:
Economists are known to disagree with each other a lot especially when they adhere to different economic theories such as the Neoclassic or Keynesian theories. In this case, these economists having opposing viewpoints in relation to what the government is doing in regards to health insurance is most probably due to different economic values they hold.
Regardless of the values they subscribe to however, most economists usually support certain propositions and one of them is free trade. They believe that the presence of tariffs and import quotas serve to reduce economic welfare as there are deadweight losses and things are more expensive for consumers.
Answer:
a. 8.33 percent
Explanation:
The computation of the economy's growth rate between the two years is presented below:
= (GDP at the end of year 2 - GDP at the end of year 1) ÷ (GDP at the end of year 1) × 100
= ($1,300 billion - $1,200 billion) ÷ ($1,200 billion) × 100
= ($100 billion) ÷ ($1,200 billion) × 100
= 8.33%
The economic growth rate is always expressed in percentage form
Answer:
Verano Inc. should use its cost of equity capitakl for waste water business = 6%
Explanation:
The appropriate cost of capital to evaluate the business should be for the same business. Here Verano is considering a purchase of another company in the waste water business using equity financing so the cost of equity of the waste water business should be considered for evaluation of the Proposal.
The cost of successfully defending a patent in an infringement suit should be amortized over the remaining estimated life of the patent. Amortization means adding the cost to patent account and dividing the costs of the suit by twenty years or by the remaining useful life of the patent, whichever one is shorter.
