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A certain equipment cost £9,500,000. It is depreciated by the equal installment method. After 3 years, its book value is £5,600,000.
Calculate:
(a) the amount of depreciation in each of the first 3 years
(b) the percentage of the original cost depreciated in each of the first 3 years
(c) the depreciation in the third year as a percentage of the book value after 2 years
Classical macroeconomics theory concludes that ultimately Fiscal policy generates only quantity effects, erratic investment causes long business cycles or else.
Which would NOT be advocated by modern conservatism Free markets , Small governments ,Laissez-faire economics , Welfare programs , Reliance on tradition.
In regards to commodity chains, does microsoft exhibit backward or forward integration That is, has it bought its suppliers or does it buy from independent producers (As far as forward integration goes, i do not think that it fits).
Suppose Harrod-Damar model with fixed capital-output ratio. Suppose that the country saves 20 percent of its income and has a capital or output ratio of 4.
Suppose that imports depend not only on potential GDP, but on short-run GDP as well. That is, the imports equation can be re-written to include a new parameter n-bar that relates imports to short-run output. Derive the new IS curve.
Suppose demand for the firms watches falls permanently to P = 20 - Q/20,000. In view of this fall in demand, what output should the firm produce in the short run? In the long run? Explain.
eBay.com is a vast auction site that is similar to a competitive market in some ways but also differs from it in others. Which of the following describes how eBay resembles a competitive market.It is easy to enter and easy to leave eBay.
Question 1: In most cases, demand for products or services can be broken down into several components. Which of the following is not considered a component of demand?
Suppose Bob works for Mary as a proofreader. Mary and Bob fall deeply in love, marry and have eight children. Bob stops working for Mary in order to care for the children. What will be the effect on GDP
With current technology, suppose a firm is producing 400 loaves of banana bread daily. Also assume that the least-cost combination of resources in producing those loaves is 5 units of labor, 7 units of land, 2 units of capital, and 1 unit of entre..
What are the highest and lowest payments from the writer that the beekeeper- farmer team will accept for the sixth day?
If the price of the good is less than 8, then each type 2 demands 24 - 3p; otherwise each type 2 demands zero. If the price of the good is 6, then the total amount of the good demanded will be
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