Answer:
It show the <em>Changes in output in an economy as the price level changes, holding all other determinants of real GDP constant </em>
Explanation:
<em>The short run aggregate supply curve displays the adjustments in an economy's production as the price level increases, keeping all the other actual GDP determinants constant.
</em>
This demonstrates the connection of the price level to the output
Holding all GDP determinants stable as demand shifts with short run prices indicates a strong correlation among price level and output
Answer:
The correct answer is letter "B": compensation and promotions.
Explanation:
It is unethical to influence or distort accounting information to benefit an employee over another in front of promotions or at the moment of providing benefits to workers. Sometimes and against the law, manager accountants are pushed to do so for the company to obtain extra income or when the decision of providing a better job position to an employee over another is biased.
Answer:
D. under no circumstances
Explanation:
An investment adviser uses his investment knowledge to guide his client with respect to investing in stocks and other securities so as to maximize client's gain.
In return for his services, an investment adviser charges a certain fee from the clients.
As per the Uniform Securities Act, an investment adviser is prohibited from sharing the profits of the client which could be in the form of any dividend/interest receipts or capital appreciation.
Thus, under no circumstances, an investment adviser is permitted to share profits of the client.
This question is incomplete, the complete one was gotten from google.
Taggart Transcontinental pays no dividends, but spent $4 billion on share repurchases last year. Taggart's equity cost of capital is 13% and the amount spent on repurchases is expected to grow by 5% per year. Taggart currently has 2 billion shares outstanding.
Taggart's stock price is closest to:
A. $25.00
B. $12.50
C. $15.40
D. $20.00
Answer:
Taggart Transcontinental pays no dividends, but spent $4 billion on share repurchases last year. Taggart's equity cost of capital is 13% and the amount spent on repurchases is expected to grow by 5% per year. Taggart currently has 2 billion shares outstanding.
Taggart's stock price is closest to $25 - option A.
Explanation:
Market capitalization = 4/ (0.13 -0.05)
= 4/0.08
Market capitalization = 50
Price per share = 50/2 = $25
Therefore, Taggart's stock price is closest to $25 - option A.