The amount of money needed now to begin the perpetual payments is
P = A/I =15,000÷0.05=300,000
The amount that would need to have been deposited 25 years ago is
P=A÷(1+r)^t
P=300,000÷(1+0.05)^(25)
P=88,590.83
Answer:
The correct answer is option A.
Explanation:
The law of diminishing returns states that as we go on employing more and more unit of input while keeping other inputs constant, the return from each additional unit of input will go on declining.
This means that the output produced from each additional unit of input will go on declining.
Here, as capital is kept constant and labor is increased by a unit, the output at first increases by 5 units from 20 to 25. But later when input is again increased by a unit, the output increase by only 3 units from 25 to 28.
This shows the law of diminishing marginal returns where the marginal returns from a unit of labor is declining.
Answer: B. How do people decide how much to save for the future, or whether they should borrow to spend beyond their current means?
Explanation:
It should be noted that microeconomics has to do with studying of economic agents like the individuals and the firms and how their decision affects the society while macroeconomics deals with the whole economy.
The microeconomic topics can have an impact on macroeconomic topics is option B "How do people decide how much to save for the future, or whether they should borrow to spend beyond their current means".
This is because savings and expenditure have an impact on the economy had whole and this can lead to certain decisions to be taken by the government.
<u>Answer:
</u>
Violations of security policies are considered to be a law enforcement issue upon which proper disciplinary actions must be taken.
<u>Explanation:
</u>
- The security policies put into place by the organization actually serve as the first wall of protection for the organization.
- The organization makes it clear through its security policies what actions would be deemed as an attempt to breach the security and what actions are prohibited within and outside the premises of the organization as an employee of the organization:
