What are the modern equivalent of pyramids

Assignment Help Accounting Basics
Reference no: EM132684101

Question - John Maynard Keynes once suggested that the reason the economy of ancient Egypt prospered was because the government has a systematic project of building pyramids. Explain the logic of Keynes' argument. What are the modern equivalent of pyramids? How would a classical economist respond to Keynes' argument?

Reference no: EM132684101

Questions Cloud

Optimism and enthusiasm launch businesses destined : Entrepreneurs brimming with optimism and enthusiasm launch businesses destined for failure because their founders never stop to define a workable strategy
Prepare the income statement for August : Sales on account in August were $137,000. The Cost of Goods Sold was $117,000. Prepare the income statement for August
How much of the rollover will be included in gross income : If Jill rolls over her traditional IRA into a Roth IRA, how much of the $10,000 rollover will be included in gross income in the year of the rollover
Partnership to create solutions to address the healthcare : JPMorgan Chase announced their partnership to create solutions to address the healthcare needs of their US employees.
What are the modern equivalent of pyramids : Explain the logic of Keynes' argument. What are the modern equivalent of pyramids? How would a classical economist respond to Keynes' argument
Compute the income tax cost after three years : Assume that Burt does not elect § 179 limited expensing and that his marginal tax rate is 15%. Compute the income tax cost after three years
How much does the firm have in current liabilities : Assume that current ratio for Arch Company is 3.0, its acid-test ratio is 2.0, and its working capital is $320,000. How much firm have in current liabilities
Strategic management research journal : Create a Word doc and title it Strategic Management Research Journal Part 3. Summarize Caterpillar Inc.'s organizational structure.
Restructure the employee benefits package : how would you restructure the employee benefits package if your hypothesis was confirmed.

Reviews

Write a Review

Accounting Basics Questions & Answers

  During its first year of operations sitwell corporation had

during its first year of operations sitwell corporation had the following transactions pertaining to its common

  What role does culture play in risk management

What role does culture play in risk management?

  What was Lindsay net cash provided

Lindsay Corporation had net income for 2021 of $3,000,000. What was Lindsay's net cash provided by Operating Activities for 2021

  Prepare a written summary of the transaction

Find a recent merger or acquisition in the beverage industries (e.g., soft drinks, beer, wine). Prepare a written summary of the transaction

  Smerks department store has rearranged the merchandise

smerks department store has rearranged the merchandise display cases on the first floor of its building placing fast

  Bob can afford monthly car payments of 200 for four years

bob can afford monthly car payments of 200 for four years. what is the most expensive car bob can buy if the

  Management is trying to decide what transfer price to use

better food company recently acquired an olive oil processing company that has an annual capacity of 2000000 liters and

  Assume research in motion invested 834 million to expand

assume research in motion invested 834 million to expand its manufacturing capacity. assume that these assets have a

  Compute the number of units to be produced

Compute the number of units to be produced and use this amount to compute the total budgeted overhead that would appear on the factory overhead budget for month

  Why do you suppose union planters purchases investments

union planters is a tennessee bank holding company that is a corporation that owns banks. union planters is now part of

  What is the difference in before-tax income between the

at the beginning of 2011 the healthy life food company purchased equipment for 42 million to be used in the manufacture

  Discuss the potential costs and changes

Assume that IFRS is adopted and GAAP is replaced. Discuss the potential costs and changes that will be experienced by US companies.

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!

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