Answer:
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Explanation:
Answer: 
Explanation: A supply equation shows us the mathematical relationship between quantity supplied and the price of the good. Since price and supply are positively related, P must carry a positive sign in the supply equation.
Given, supply is Qs=4P - 24
P is the price paid by consumers in the market.
When a $3 tax is levied , price sellers receive becomes P-T = P - 3
So, the new supply equation will be
Answer:
a) Yield to maturity = 8.14%
b) The value of the bonds = $917.99
c) Since market value of bond is higher than book value of bond. So investor should not purchase the bond.
Answer:
c. He was a member of the French Parliament using satire to illustrate the foolishness of the arguments used by the proponents of trade restrictions.
Explanation:
Frédéric Bastiat was an economist, journalist and member of the French parliament in the wing of economic liberalism. Regarding his economic thinking, Bastiat had a strong inclination or liberalism and consumer protection against any kind of corporate authority. For him, the government was responsible for guaranteeing the lives of citizens, individual and commercial freedom and protection of property. Regarding commercial freedom, he presented himself against commercial restrictions, he thought this was a step backwards and satirized those who defended it, as you can see in the question above.
Answer:
The correct answer is b. requires that mechanics and laborers on public construction projects be paid the prevailing wage in an area.
Explanation:
The Davis-Bacon Act is a law that affects the main contractors and subcontractors that work through construction contracts with the State or political subdivisions whose amount exceeds $ 2000. This law protects construction workers such as carpenters, plumbers, power equipment operators, workers, etc. Covered workers must receive at least prevailing wage levels and supplementary benefits for similar jobs in the same location. The prevailing wage levels and benefits are determined by the Alaska Department of Labor and must be included in the contract assignment and the announced specifications.
