User Account

All Pages

Gains from earning a business degree

Assignment Help Macroeconomics
Reference no: EM131880399

Is each of the following items a resource (factor of production) or not?

(A) An acre of land in Napa:

(B) The accounting skills one gains from earning a Business degree:

(C) The profit of $10 million earned by a company in NY:

(D) 100 Shares of IBM stocks:

My thoughts:

(A) As long as use the land in Napa to produce it is considered a factor of production.

(B) If I am providing an accounting service then yes my accounting skills I gained from earning a Business degree is a factor of production.

(C) No, because a factor of production are inputs used to make a profit, therefore, the profit is what I earned using the factors of production.

(D) No, because it is considered financial capital. I purchased partial ownership in hopes of receiving a portion of future profits. Unfortunately there is not a guarantee of future returns leaving me with no goods or services.

Can you please help me and make sure I am on the right track.

Reference no: EM131880399

Questions Cloud

Determine the regression equation : A test for significance of that coefficient would be rejected. In other words, the coefficient is much different from zero.
Project using passive heating and cooling design concepts : A project using passive heating/cooling design concepts to reducer of $125,000 in equipment (straight-line depreciation with a 10-year depreciable life
Calculate the CM ratio and Unit CM : Create a budgeted income statement for the 4-year period, using all the information provided and calculated.
Describe the possible causes for freight movement congestion : Describe the possible causes for freight movement congestion, or delays, for 3 areas: goods movement, physical infrastructure, and information.
Gains from earning a business degree : Is each of the following items a resource (factor of production) or not?
Mc at the profit-maximizing output level : Create columns in your spreadsheet for MR and MC and verify that MR = MC at the profit-maximizing output level.
Explain how border protection philosophy changed : Explain how border protection philosophy changed as a result of 9/11. Support your response. Summarize border security issues. Support your response.
Concepts of changes in quantity demanded and supplied : Now that we have covered the concepts of changes in quantity demanded and supplied, elasticity is a concept that measures
Explain what you consider to be the most impressive : Explain what you consider to be the most impressive of all the efforts the DHS has made in its immigration enforcement efforts. Support your response.

Reviews

Write a Review

Macroeconomics Questions & Answers

  Inflation targeting be a good policy

Why might it be difficult for the Fed to formally adopt inflation targeting?  Would inflation targeting be a good policy for the Fed in the present economic environment

  In using the taylor rule

In using the Taylor Rule as a guideline for monetary policy, what are the pros and cons of using forecasted values of inflation and output rather than observed values of these variables?

  Describe the present economic crisis situation in europe

Describe the present economic crisis situation in Europe.  Why has it been so difficult for the Europeans to find a solution to this problem?   Comment on what implications the crisis may have for the rest of the world if Europeans are not able to ag..

  Long-term federal government budget problems

Question:. Explain why there are long-term Federal government budget problems. Explain why the base-line forecast of the CBO is misleading.

  Derive and compare demand curve

Question based on Derive and compare demand curve,  Derive Ambrose's demand function for peanuts. How does it compare with Johnny's demand curve for peanuts?

  Problem based on utility function

Problem based on  Utility Function - Problem,  Answer and explain the following using a diagram which is completely labeled.

  Laffer curve : tax rate and tax revenue

Question based on Laffer Curve : Tax Rate and Tax Revenue,  Do raising tax rates necessarily raise tax revenue? What factors affect how tax revenue changes when tax rates change?

  Problem - income elasticity of demand

Problem - Income Elasticity of Demand,  Interpret the following Income Elasticities of Demand (YED) values for the following and state if the good is normal or inferior; YED= +0.5 and YED= -2.5

  Positive balance of payment

Question Positive Balance of Payment: "Things will look good for the US if we could just get to where we are consistently running a positive Balance of Payments."

  Effect of recession on the investment curve

Comment on the effect of a recession on the investment curve (only) and on the level of savings, investment, and the equilibrium real interest rate in the financial crisis that hits United States first starting in fall 2007.

  Affect of falling domestic investment on trade surplus and

How will a fall in domestic investment affect the trade surplus and net capital outflows in the domestic economy, the trade deficit and capital inflows in the rest of the world.

  Crises in the banking sector and bank run

Banking crises crisis decreases depositors' confidence in the banking system. What would be the effect of a rumor about a banking crisis on checkable deposits in such a country?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +91-977-207-8620

Phone: +91-977-207-8620

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd