Answer:
The change in disposable income from Year 1 to Year 2 is $5,714
Explanation:
We use “Rule of Three” to solve this calculation:
It has been observed that each time consumption changes by $70, disposable income changes in this country by $100.
Now the change in comsumtion in $4,000 (= $60,000 - $56,000), then the change in disposable income = $4,000 * $100/ $70 = $5,714
Answer:
The correct answer is: True.
Explanation:
The basic or fundamental problem in economics is people have unlimited wants and needs and the resources are limited. These limited resources have alternative uses and are used to satisfy unlimited wants and needs.
These resources are to be used rationally in such a way that total utility or consumption derived is maximized.
Answer:
$32,100
Explanation:
We know that
Total assets = Total liabilities + Shareholder equity
Where,
Total assets = Cash + supplies + equipment
= $30,000 + $600 + $10,000
= $40,600
And, the total liabilities would be
= Account payable
= $8,500
So, the amount of equity would be
= $40,600 - $8,500
= $32,100
Answer: e. sum of the dividend yield and the capital gains yields is 8.2 percent
Explanation:
The return of 8.2% that was realized is the sum of the dividend yield and the capital gains yield.
The dividend yield refers to the income earned from dividends issued by the company whose stock you owned divided by the stock price.
The capital yield is the change in price since you bought the stock for instance, buying the stock at a price of $15 and it is now worth $20.
These two yields will combine to give you the return of 8.2% that you realized.
