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Leonitres bought unit trusts and invested for income. She invested £42,000 in a unit trust with an offer price of £75 per unit, and sold the units after 3 years at the same price. During this period she received income from the units of £9,744. This income was not reinvested in units.
Calculate:
(a) the number of units purchased
(b) the percentage yield per annum
(c) the (3 year) income per unit.
Smallville is running a budget deficit. Two policy programs are proposed: (1) eliminate the deficit by cutting government spending and (2) eliminate the deficit but raising taxes. Which program has the least damaging effect on GDP
The subsidy ends when the money income with program participation equals the money income earned without the program. A simplified version of this type of program is one that would give this single parent a $40 grant accompanied.
Assume if the objective is to increase total income, should the price be increased or decreased. Explain.
What is the current state of the US economy? What are some of the major factors contributing to the current state of the economy? Cite key relevant statistics and economic indicators.
Find the aggregate MAC function when E ranges from zero to 10.
What are at least three ways in which you would get help in this marketing campaign.
Explain how has technology changed the balance between automation and labor. What type of industry benefits the most from technological innovation.
The book value of Factory Machine M is £580,000 at the end of year 1, and is £160,000 at the end of year 4. Calculate, for Factory Machine M, the:
two u.s. senators made the following argument against allowing free trade fewer and fewer americans support our
What is one significant consequence of fractional reserve banking Banks are vulnerable to "panics" or "bank runs." Banks can only lend an amount equal to its deposits. Banks hold a portion of their deposits in gold. Banks can serve the withdrawals..
could you have both a comparative and absolute advantage in trading. If so, what if at all would be the benefit for your country to trade with any other country.
If the production function is y = √(k), what is the steady state value of y in the Solow Growth Model with labour-augmenting technological progress at rate g, population growth at rate n and depreciation of capital at rate d?
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