Answer:
The correct answer is C that is Mass care service
Explanation:
Mass care service is the service which has the capability for providing the immediate bulk distribution of the items which is needed, feeding centres, shelter and basic first aid.
So, the response which has the core capability for providing the life sustaining and the human services to the population is the Mass care service.
To start, I should introduce the 5 basic economic freedom. This freedom is given to citizens of a sovereign country to undertake economic actions. These actions are enumerated below.
1. Right to buy and sell
2. To choose an occupation
3. To compete
4. To own property
5. To make a profit
As you can see, the government plays a major role in these freedoms. Without the government, people will have absolute freedom which gives no systematic organization. It would spark chaos, confusion and abuse of resources or customers. The government plays as the regulating body to keep things in order.
Answer:
<u>Requirement 1:</u> Production Output will be 61.42 Units.
<u>Requirement 2:</u> Production Output will be doubled.
<u>Requirement 3:</u> Constant Returns to Scale
Explanation:
<u>Requirement 1:</u>
The output at K=46 and N=82 is given as under:
Y = (46)^1/2 * (82)^1/2
Y = 61.42 Units
<u>Requirement 2:</u>
Now if we double "K" and "N" then:
Y' = (2K)^1/2 * (2N)^1/2
Y' = 2 [(K)^1/2 * (N)^1/2]
Y' = 2Y
This means that the output will be doubled.
<u>Requirement 3:</u>
Option A. Constant Returns to Scale
Constant returns to scale occurs when the increase in the input causes same proportional increase in the production output. Such same proportional increase in the production output is referred to as Constant Returns to Scale.
In the given scenario, as the production output doubles with the doubling of input which was seen in the requirement above. We can say that the production function is characterized by Constant Returns to Scale.
Answer:
c. $141.78
Explanation:
CPI or consumer price index is a measure that examines the weighted average of prices of a basket of consumer goods and services.
We will calculate the price of $100 baby shower gift in 2018 by,
Amount in 2018 Dollars = Amount in 2001 Dollars × (Price Level in 2018 / Price Level in 2001)
= $100×(251.1/177.1) = $141.78
It would cost $141.78 to buy a similar amount of goods and services in 2018.
Answer:
Explanation:
Rate of return = 4.83%
inflation rate =3.55 %
marginal tax bracket = 25 %
after tax rate of return = 4.83 ( 1 - .25 ) = 3.6225 %
after tax inflation rate = 3.55 (m 1 - .25 ) = 2.6625 %
real rate of return = [ (1+3.6225% /1+ 2.6625%) - 1 ] x 100
= .0093 x 100 = .93 %
Total monetary return = 30000 x 3.625 %
= 1087.5
Rate of return is more than rate of inflation , for short term perspective staying invested in money market investment is good option . Real rate of return is not negative at least .