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3 years ago

Suppose that the rural part of a country is hit by a major earthquake

Business

1 answer:

stiv31 [10]3 years ago

6 0

Answer:

(a) How this episode is likely to affect the economic well-being of people in the country

In the short-run, there will be an increase in labor demanded, increasing jobs to build homes and repair the damage caused by the earthquake. In the long-run, things will begin to go back to normal.

(b) How this episode is likely to affect the economy’s measured GDP

In this case, GDP measurements will shift causing less of an input in private spending and an increase in government spending due to subsidies to increase home-building.

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An example of an ad valorem tax is

MA_775_DIABLO [31]

Municipal Property Taxes

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3 years ago

An Uber driver faces costs for driving that include sunk costs like insurance that contribute to the average cost per mile of $.

crimeas [40]

Answer: sunk costs don't increase as driving increases.

Explanation: sunk costs are irrelevant costs because they have already occured in the past and cannot be avoided. Sunk costs thus do not differ between alternatives, and are unavoidable. The calculation for insurance and other sunk costs are likely not based on the amount of rides the Uber picks up, but rather calculated at a constant rate. So regardless of whether or not the rider pays more or less than the $.50 on the insurance, this will not have any effect on the insurance that is constant and has likely already been paid out.

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3 years ago

Rusty Corporation purchased a rust-inhibiting machine by paying $56,500 cash on the purchase date and agreed to pay $11,300 ever

kolbaska11 [484]

Answer:

Find the multiple choices below:

A) 133,900

B) 82,400

C) 123,803

D) 79,323

The correct option is D,79,323

Explanation:

The liability to be reported can be ascertained by using the pv formula in excel.

The pv implies present value of future cash flows of $11,300 every three months.

The applicable formula is :=-pv(rate,nper,pmt,fv)

the rate is quarterly rate of 12%/4=3%

nper is the number of times the $11,300 would be paid 2*4=8 times

pmt is the quarterly payment of $11,300

fv is the future value which is unknown and taken as zero

=-pv(3%,8,-11,300,0)

pv=$79,322.52

This is the liability that would be shown on the balance sheet after the initial payment of $56,500

4 0

3 years ago

University Printers has two service departments (Maintenance and Personnel) and two operating departments (Printing and Developi

expeople1 [14]

Answer:

First calculate total machine hours

1500 + 1500 + 4500 = 7500 total machine hours

personnel = 1500/7500 x 4,800

printing = 1500/7500 x 4,800

developing = 4500/7500 x 4,800

for personnel:

500 printing + 3,500 developing = 4,000

For Departments:

printing = 500/4,000 x 15,760

developing = 3,500/4,000x 15,760

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3 years ago

A country that abolishes laws that regulate private enterprises and removes price controls is in the process of

son4ous [18]

Answer:Deregulation

Explanation:

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3 years ago