Answers
Contractionary fiscal policy refers to the use of fiscal tools to constrict the economy by lowering aggregate demand, which will result in lower output, increased unemployment, and a lower price level. Booms are fixed through contractionary fiscal policy.
What fiscal policy decreases aggregate demand?Consider a scenario where the government wants to stop a growth or reverse a recession. Its specific objectives would be to bring the economy back to full employment or to manage inflation, as appropriate. They may be able to accomplish their objectives with the aid of fiscal policy.Government expenditure and taxes (or transfers, which act as "negative taxes") are the tools of fiscal policy. Expansionary fiscal policy is used to close output gaps because you want to grow an economy that is generating too little (recessions). Expanding fiscal policy involves either raising taxes or cutting spending.A surplus-producing economy needs to be reduced. The best course of action in that situation would be to implement a contractionary fiscal policy, which would entail either raising taxes or reducing government spending.As an illustration, if Burginville is going through a recession, the government may issue tax refunds to everyone (an example of expansionary fiscal policy). What will transpire is as follows: An increase in discretionary income results from the tax refund. Consumption rises as a result of higher disposable income, and consumption rises as a result of higher aggregate demand. Gains in output and a decline in unemployment result from rising aggregate demand. Because of the decline in unemployment and the rise in output, inflation will rise as a result.To Learn more About Contractionary fiscal policy refer to:
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Related Questions
For each statement about Direct Competition and Indirect Competition,
choose True or False.
Indirect Competition is a
business whose services are
different from yours but
satisfy the same need.
All Companies that sell
goods and services are
Indirect Competitors.
When your target audience
buys products from a
competitor instead from
you, that is Indirect
Competition.
Direct Competition is a
company that offers
the same thing you
offer.
1. True
2. False
Answers
Answer:
Explanation:
1) Indirect Competition is a business whose services are different from yours but satisfy the same need.
True
2) All Companies that sell goods and services are Indirect Competitors.
False
3) When your target audience buys products from a competitor instead from you, that is Indirect Competition.
False
4) Direct Competition is a company that offers the same thing you offer.
True
Suppose your company needs $24 million to build a new assembly line. Your target debt-equity ratio is .75. The flotation cost for new equity is 7 percent, but the flotation cost for debt is only 3 percent. Your boss has decided to fund the project by borrowing money because the flotation costs are lower and the needed funds are relatively small.
Required:
a. What is your company’s weighted average flotation cost, assuming all equity is raised externally?
b. What is the true cost of building the new assembly line after taking flotation costs into account?
Answers
Answer:
A. 5.29%
B. $25,340,513
Explanation:
a. Calculation to determine the company’s weighted average flotation cost
Average flotation cost = .03(.75/1.75) + .07(1/1.75)
Average flotation cost = .0529*100
Average flotation cost =5.29%
Therefore the company’s weighted average flotation cost will be 5.29%
b. Calculation to determine the true cost of building the new assembly line after taking flotation costs into account
Amount raised=(1 - .0529) = $24,000,000 Amount raised = $24,000,000/(1 - .0529)
Amount raised=$24,000,000/0.9471
Amount raised= $25,340,513
Therefore the true cost of building the new assembly line after taking flotation costs into account will be $25,340,513
Brickhouse is expected to pay a dividend of $3.45 and $2.58 over the next two years, respectively. After that, the company is expected to increase its annual dividend at 4.1 percent. What is the stock price today if the required return is 11.9 percent
Answers
Answer:
$32.6
Explanation:
Brickhouse is expected to pay a dividend of $3.45 and $2.58 over the next 2 years
The company is expected to increaser it's annual dividend at 4.1%
= 4.1/100
= 0.041
Required return is 11.9%
= 11.9/100
= 0.119
Therefore the stock price for today can be calculated as follows
= 2.58(1+0.041)/0.119-0.041
= 2.58(1.041)/0.078
= 2.6857/0.078
= 34.43
3.46/(1+0.119)+2.58/(1+0.119)^2+34.43/(1+0.119)^2
= 3.46/1.119+2.58/1.119^2+34.43/1.119^2
= 3.093+2.060+27.5
= 32.6
Hence the stock price for today is $32.6
explain opening stock in the preparation of the final account
Answers
Opening stock is an important component in the preparation of the final accounts of a business, as it represents the value of goods available for sale during the period.
How is opening stock shown in the final accounts ?In the final accounts, opening stock is typically recorded in the trading account. The trading account shows the gross profit or loss made by the business during the period, and it is prepared by subtracting the cost of goods sold from the net sales revenue.
Overall, opening stock is an important concept in the preparation of final accounts, as it helps to determine the cost of goods sold and the gross profit or loss made by a business during a financial period.
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Next
13
Post Test: Personal Finances
Select the correct answer from the drop-down menu.
Fill in the correct term to complete the statement.
You can withdraw money from an ATM using your
Reset
Next
Submit Test
Answers
You can withdraw money from an ATM using your Debit card. A card that can electronically transfer money from a bank account at the time of purchase. So, the correct option is A.
What Is a Debit Card?A debit card is a payment card that withdraws money directly from a consumer's checking account when used. Also known as a "bank card" or "debit card", it can be used to purchase goods and services. Alternatively, you can receive cash from an ATM or merchant that allows you to add extra money to your purchase.
In a sense, a debit card functions as a cross between an ATM card and a credit card. Like the former, it can be used to withdraw cash from his ATM at the bank. Or you can shop like the latter. In fact, many financial institutions are replacing simple proprietary ATM cards with debit cards issued by major card payment processors such as Visa and Mastercard. Such debit cards are automatically provided to your checking account.
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The complete question is as follows:
Fill in the correct term to complete the statement.
You can withdraw money from an ATM using your _____.
A. Debit card
B. Credit card
C. Deposit card
The president of the retailer Prime Products has just approached the company’s bank with a request for a $30,000, 90-day loan. The purpose of the loan is to assist the company in acquiring inventories. Because the company has had some difficulty in paying off its loans in the past, the loan officer has asked for a cash budget to help determine whether the loan should be made. The following data are available for the months April through June, during which the loan will be used: On April 1, the start of the loan period, the cash balance will be $24,000. Accounts receivable on April 1 will total $140,000, of which $120,000 will be collected during April and $16,000 will be collected during May. The remainder will be uncollectible. Past experience shows that 30% of a month’s sales are collected in the month of sale, 60% in the month following sale, and 8% in the second month following sale. The other 2% is bad debts that are never collected. Budgeted sales and expenses for the three-month period follow: April May June Sales (all on account) $ 300,000 $ 400,000 $ 250,000 Merchandise purchases $ 210,000 $ 160,000 $ 130,000 Payroll $ 20,000 $ 20,000 $ 18,000 Lease payments $ 22,000 $ 22,000 $ 22,000 Advertising $ 60,000 $ 60,000 $ 50,000 Equipment purchases − − $ 65,000 Depreciation $ 15,000 $ 15,000 $ 15,000 Merchandise purchases are paid in full during the month following purchase. Accounts payable for merchandise purchases during March, which will be paid in April, total $140,000. In preparing the cash budget, assume that the $30,000 loan will be made in April and repaid in June. Interest on the loan will total $1,200. Required: 1. Calculate the expected cash collections for April, May, and June, and for the three months in total. 2. Prepare a cash budget, by month and in total, for the three-month period.
Answers
1. The expected cash collections for April, May, and June are as follows:
April May June Total
Accounts receivable $120,000 $16,000 $136,000
Month of sale (30%) 90,000 120,000 $75,000 285,000
Ffg month (60%) 180,000 240,000 420,000
Second month (8%) 24,000 24,000
Total collections $210,000 $316,000 $339,000 $865,000
2. The Prime Products's Cash Budget is as follows:
April May June Total
Beginning cash balance $24,000 $22,000 $26,000 $24,000
Bank Loan $30,000 $30,000
Total collections $210,000 $316,000 $339,000 $865,000
Total receipts $264,000 $338,000 $365,000 $919,000
Total disbursements $242,000 $312,000 $315,000 $869,000
Bank Loan + Interest Repayment $31,200 $31,200
Ending cash balance $22,000 $26,000 $18,800 $18,800
Data and Calculations:
Requested bank loan = $90,000
Loan period = 90 days
April May June Total
Beginning cash balance $24,000
Accounts receivable $140,000
Budgeted Sales $300,000 $400,000 $250,000 $950,000
Cash Collections:
Accounts receivable $120,000 $16,000 $136,000
Month of sale (30%) 90,000 120,000 $75,000 285,000
Ffg month (60%) 180,000 240,000 420,000
Second month (8%) 24,000 24,000
Total collections $210,000 $316,000 $339,000 $865,000
Merchandise purchases $ 210,000 $ 160,000 $ 130,000
Depreciation $ 15,000 $ 15,000 $ 15,000
Cash Disbursements:
April May June
Payment for purchases $140,000 $210,000 $160,000
Payroll $ 20,000 $ 20,000 $ 18,000
Lease payments $ 22,000 $ 22,000 $ 22,000
Advertising $ 60,000 $ 60,000 $ 50,000
Equipment purchases − − $ 65,000
Total cash disbursements $242,000 $312,000 $315,000
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What strategies and plans would you develop to improve communication at all levels?
Answers
Answer:
Keep it real. When delivering your message, be truthful and as complete as possible. ...
Be timely. Don't wait until you have all the information to deliver a message. ...
Focus on consistency. ...
Tailor your message. ...
Reinforce it. ...
Encourage feedback. ...
Empower your managers.
Explanation:
teamwork definition and example
Answers
Defenition - Team work is to work toghether in a team, and acomplish a goal with s teammate/teammates.
Example - Hey Makayla, you and Aiden did great teamwork for the project !!
Three primary ledgers used in double-entry bookkeeping?
Answers
Answer:
General ledger
The chart of accounts
Journals
Explanation:
The general ledger contains all the transactions carried out and registered by the company.
The chart of accounts is lists and codes all the accounts that are used by the by the company, e.g. cash might be account 101.
The journal entries are the individual entries recorded in the general ledger or any other specific ledger.
When the bond sells at par, the implicit €/$ exchange rate at maturity of a Euro/U.S. dollar dual currency bond that pays $651.25 at maturity per €1,000, is:________ A) €1.54/$1.00. B) €1.22/$1.00. C) €1.79/$1.00. D) €1/$1.00.
Answers
Answer:
€1.54/$1.00
Explanation:
When the bond sells at par, the implicit €/$ exchange rate pays €651.25 at maturity per €1000
651.25/1000= 1/x
Cross multiply
651.25x = 1000
x= 1000/651.25
x= 1.54
Hence the implicit exchange rate is €1.54/$1.00
A sales associate authorized to negotiate a sale of property has the authority to
Answers
Has the authorization to perform underneath the supervision of a broker or, in certain circumstances, a founder.
A sales assistant who's been authorized to negotiate this same acquisition of real estate seems to have the authorization to operate under the supervision of a real estate agent or, under certain circumstances, ownership.He isn't permitted to modify legal requirements, or to affect the price or conditions of a specific asset without the supervisor's explicit approval.
Thus the above response is right.
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You, a Captain, are a section chief in Military Personnel and 2d Lt Smith’s supervisor. Lt Smith is a Force Support Officer. She has been on active duty for a year and in her present job for 10 months. She supervises 21 enlisted personnel who perform a variety of administrative tasks in support of a tactical fighter wing. She majored in business administration in college, served 3 years as an administrative specialist, and was an E-4 before being accepted for OTS. As an enlisted member, she graduated from technical school as an honor graduate and was cited on numerous occasions for outstanding performance. Her supervisors considered her a valuable asset to the unit and an expert in her area of responsibility. She’s very enthusiastic about her work and plans to make the Air Force a career.
Lieutenant Smith took over her job 2 months after the unit had received a rating of “marginal” by the numbered Air Force Inspector General’s evaluation team. At the end of her first week on the job, Lt Smith called her NCOIC and key supervisors together and told them that she wouldn’t tolerate marginal performance, that she had previous experience in this type of work, and would be looking at the quality of their work very closely. Since that time, Lt Smith has attempted to supervise every phase of work in her office and, at times, has involved herself in even the most routine decisions. Lt Smith assigns people to certain jobs within the office, plans the work schedule, leave schedule, and does most of the counseling in the office.
In the last 6 months, Lt Smith has ordered several people to work overtime to complete routine work ahead of schedule. Each time this has happened, the NCOIC has asked the lieutenant for permission to speak to her immediate supervisor. On each occasion, the lieutenant has told the senior master sergeant he must not take these internal problems to you, because she’ll take care of any problems in her section--and the NCOIC should remember who writes his EPR.
Most of the time, when Lt Smith approaches the work or break area where the workers are congregated, she notices all conversation stops and the personnel won’t talk to her unless she addresses them first. After reviewing a report yesterday, Lt Smith became very impatient. She bypassed his NCOIC and took the report directly to the Airman who had typed it. While Lt Smith was berating the Airman about the typing errors, the NCOIC walked into the office and asked the Airman what the problem was. The lieutenant became flustered, told the NCOIC she was tired of doing his job for him, and shoved the report into his hands. Lt Smith then went into her office and slammed the door.
The NCOIC relayed this situation to you and asked for your help. How will you help? BACKGROUND
*ENVIRONMENT: Airforce Base
*PEOPLE INVOLVE: The Captain, Lt Smith, Airman and NCOIC.
PROBLEM DEFINATION
*Lt Smith Unprofessional Behavior
DIAGNOSIS
*Marginal Performance
*Previous Experience
*Enthusiastic With her Job
*Academic Credibility
Answers
The lieutenant Smith has taken leave, and everything is running smoothly. People are, however, more attentive when she is present. Decisions are being delayed, and morale was low. The and other important supervisors are worried which some people may decide to due to her supervision, leave the service style.
Several issues must be addressed as a result of this case study. Lieutenant Smith's micromanagement technique is causing morale issues and may lead to retention issues, which is one of the main concerns. It's also troubling that she's requesting people to work extra hours without proper authorization or regard for the impact on their personal lives.
As her boss, you ought to tackle these concerns with Lt Smith and advise her on proper supervisory techniques. You could advise her to delegate more responsibilities to her NCOIC and other key supervisors, and to concentrate in strategic planning and decision-making instead of micromanaging every detail. We should also emphasise the significance of adhering to proper procedures for authorising overtime and taking into account the impact on personnel.
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In a statement of approximately 75 words explain why the economic systems in countries with dictatorships or closed systems of government tend to be less prosperous and do not have healthy economic policies or markets.
Answers
The economy in countries with dictatorships or similar governments is often less prosperous because these countries usually have closed economy systems and this limits the profit from trading, the materials for manufacture, among others.
Most countries with authoritative governments such as dictatorial ones support closed economy systems, this means:
The country does not trade with others.There are no exportations and importations.All the good citizens buy are produced within the borders of the country.These characteristics have been found to have mainly a negative effect because:
The country cannot obtain profits from trading with others.Manufacture and products are limited by those found inside the nation.Economic crises are difficult to overcome due to a lack of resources or support from other nations.Learn more in: https://brainly.com/question/23353220
Over the period of a year, Julie’s net worth decreased. Which of the following could be true? a. Julie’s assets and liabilities decreased by the same amount. b. Julie’s assets and liabilities increased by the same amount. c. Julie’s assets increased by more than her liabilities. d. Julie’s assets decreased by more than her liabilities. Please select the best answer from the choices provided A B C D Mark this and return
Answers
Answer:ive done this one before!D would be your correct answer
Explanation:
Have a great day
If taxes were raised by 100 dollars on everyone then everyone would have to pay into the government 100 dollars more. A marginal propensity to consumer of.9 would mean that everyone would spend Select an answer and submit. For keyboard navigation, use the up/down arrow keys to select an answer. a 100 dollars less. b 90 dollars less. с 10 dollars less. d none of the above
Answers
b 90 dollars less, When taxes are increased by $100 on everyone and there is a marginal propensity to consume of 0.9, it means that everyone would spend $90 less.
The correct option is b.What is marginal propensity to consume?Marginal propensity to consume (MPC) is the portion of an increase in income that is consumed rather than saved. It represents the rate at which consumers adjust their spending to changes in disposable income.Marginal propensity to consume can be calculated as the change in consumption divided by the change in income, or MPC = ΔC/ΔY.
The value of MPC is always between 0 and 1, as any increase in income is either consumed or saved.When taxes are increased by $100 on everyone and there is a marginal propensity to consume of 0.9, it means that everyone would spend $90 less. This is because out of every additional dollar of disposable income, they spend 90 cents and save the remaining 10 cents.
Therefore, an increase in taxes would lead to a decrease in disposable income and a decrease in consumption expenditure by 90% of the change in disposable income.
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Select the
correct answer.
What does a
production possibilities curve represent?
O A.
a combination of price and demand of goods
and services
B.
O c.
a combination of the goods produced before and after a change in a factor of production
a combination of two factors of production used to produce a single
good or service
D
a combination of two goods that can be produced using limited resources
Answers
Answer:
D
Explanation:
because to show the tradeoffs associated with allocating resources between the production of two goods
This was not a necessarily an economically efficient move. The fact that it is scrap wood implies that it is not useful for the company's purposes, i.e., making furniture. It is presumptuous to associate a value of $150,000 or $29,000 to the scrap since there is no market for it and thus no market value can be assigned. There is no rational way to calculate the optimal amount of scrap wood. The manager did not go far enough. The most economically efficient outcome would be to reduce scrap altogether. Even at the reduced amount, the company is literally throwing away $29,000 per year when it could recoup that amount with greater diligence.
Answers
The manager's decision to reduce scrap wood is not economically efficient, and a more optimal outcome would be to aim for its complete elimination.
The manager's decision to reduce scrap wood, as mentioned in the provided excerpt, is deemed not economically efficient. While it is commendable, the most economically efficient outcome would involve completely minimizing scrap production. The fact that the wood is considered scrap implies its lack of usefulness for furniture manufacturing, making it inappropriate to assign a value of $150,000 or $29,000 to it since there is no existing market or ascertainable market value. Additionally, determining the optimal amount of scrap wood to maintain lacks a rational basis. Despite the manager's efforts, the company still wastes $29,000 annually, which could be salvaged through greater diligence. Thus, the recommended course of action is to aim for a total reduction in scrap production to achieve the utmost economic efficiency.In conclusion, while the manager's effort to reduce scrap wood is commendable, the most economically efficient outcome would be to strive for the complete elimination of scrap, minimizing waste and maximizing cost savings for the company.
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How much can a Municipal Finance Professional (MFP) contribute to the "clean up" campaign to pay off campaign debt of an ex-issuer official that is now out of office because she lost the general election
Answers
Answer:
An unlimited amount
Explanation:
According to the Political contribution rule, Municipal Finance Professionals cannot make contribution of more than $250 to an elected official's campaign.
However in this case the ex-issuer official lost the general election and is not able to influence municipal securities of the MFP.
So they can contribute any amount to the clean up campaign since the official is out of office.
The Political contribution rule was instituted to prevent office holder from manipulating MFP securities in exchange for large contributions.
How can you make positive economic choices?
Answers
Answer:
All choices require giving up something in your life whether that is friends or family, or things that you really want. Economic choices require you to think do you really want this and what is the benifit out of it, like what do you get out of making this decision. The economic things are what will be produced, how will it be produced, and how will the output society produces be distributed
Explanation:
Describe how sales and consumer-related legislation and regulations affect the delivery of customer service
Answers
Health and safety legislation affects customer service delivery as it requires staff in an organization to ensure the safety of themselves and others, and act responsibly.
There are many perspectives like Changes to tax regulations and rates can have a significant impact on a business. For example, a fall in the rate of corporation tax reduces the amount of tax that corporations have to pay on their profits.
Customer service staff who deal with customers should know about the impacts and effects of legislation and regulations that protect the consumer when buying goods and services.
Governments issue regulations related to environmental practices, employee practices, advertising practices, and much more.
Government regulations affect how companies structure their businesses, where companies decide to locate, how they classify their employees and thousands of other things.
Environmental regulations, intended to protect human health and the environment, generally result in higher production costs and lower productivity in firms, which can lead them to shift investment and production to less stringent locations.
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DONT ANSWER PLZZZZZZZZZ
Answers
Answer:
ok i gochu
Explanation:
Explain how introducing an agile method will improve the outcomes of software development?
Answers
Answer:
In simple words, Agile architecture, in fact, speeds up the distribution of original market value and ensures that quality is maximized during the implementation system by a process of constant preparation and feedback.
Projects are finished in shorter iterations, rendering them more achievable, thanks to the incremental design of the agile process. It also makes it possible to roll out goods efficiently and make adjustments at any time throughout the phase
There is a large transportation network in order to get from the point of manufacture to the point of sale
Answers
Answer:
True
Explanation:
It is TRUE that there is an extensive transportation network to get from the point of manufacture to the end of the sale.
After the product is manufactured in the factory, it will go through or bought by different wholesalers who will have to sell to a group of retailers, all in various places, before being sold to final consumers.
In most cases, there is usually a long list of retailers before the goods reached the final consumers. This movement of goods between all the stakeholders involved can go through various locations, states, or regions before it finally gets consumed.
Hence, in this case, the correct answer is "TRUE."
(214) 1. Distinguish between technical efficiency and allocative efficiency. Use the two concepts of efficiency to compare a perfect market structure with a monopoly.
Answers
Technical efficiency refers to the ability to produce the maximum output from a given set of inputs or resources. It focuses on the production process and achieving the highest output level with the least amount of resources wasted. Technical efficiency emphasizes optimizing the production process to minimize costs and maximize productivity.
Allocative efficiency, on the other hand, relates to the allocation of resources in a way that maximizes overall social welfare. It refers to the ideal allocation of resources that matches consumers' preferences and demands. Allocative efficiency ensures that resources are allocated so that goods and services align with consumer preferences. This results in the best outcome for society.
When comparing an ideal market structure with a monopoly in terms of efficiency, there are significant differences. In an ideal market structure, characterized by complete competition, both technical and allocative efficiency is typically achieved. Many buyers and sellers exist, information is freely available, and no single entity controls the market. Competition drives firms to produce at the lowest cost and offer goods and services that match consumer preferences, leading to technical and economic efficiency.
In contrast, a monopoly represents a market structure where a single firm dominates the industry and has substantial market power. In terms of technical efficiency, a monopoly may not necessarily achieve the same level as a perfectly competitive market. Due to the lack of competition, a monopoly may not have the same incentive to minimize costs or innovate as efficiently as possible. This can result in higher production costs and lower technical efficiency.
Regarding allocation efficiency, monopolies often fail. Without competition, a monopolistic firm can set prices higher than the marginal cost of production, resulting in a suboptimal allocation of resources. The monopolist may prioritize maximizing profits rather than satisfying consumer preferences. This leads to a less efficient allocation of resources than in a perfectly competitive market.
Overall, an ideal market structure exhibits higher levels of technical and allocative efficiency than a monopoly. When true competition promotes resource optimization and consumer satisfaction, resulting in more efficient resource allocation.
Alden Trucking Company is replacing part of its fleet of trucks by purchasing them under a note agreement with Kenworthy on January 1, 2016. Alden financed $39,169,279, and the note agreement will require $10.07 million in annual payments starting on December 31, 2016 and continuing for a total of four more years (final payment December 31, 2020). Kenworthy will charge Alden Trucking Company the market interest rate of 9% compounded annually. After the first payment was made, the note payable liability on December 31, 2016 is closest to:___________
A) $29,099,279.
B) $34,134,279.
C) $40,280,000.
D) $32,624,514.
Answers
Answer:
D) $32,624,514.
Explanation:
Installments (A) = $10,070,000
Principal due (B) = $39,169,279
Interest Payment (C) =B x 9% = $39,169,279*9%
Interest Payment (C) = $3,525,235
Principal Payment (D) = A - C
Principal Payment (D) = $10,070,000 - $3,525,235
Principal Payment (D) = $6,544,765
Total Due (E) = B - D
Total Due (E) = $39,169,279 - $6,544,765
Total Due (E) = $32,624,514
So, after the first payment was made, the note payable liability on December 31, 2016 is closest to $32,624,514
want more points?//.?
Answers
Answer:
Yes Please
Explanation:
So I can get more help in school since I'm failing.
Answer:
thx
Explanation:
An economist will consider the sunk cost of a product line before recommending an improvement to the product. True or false
Answers
Answer:
false
Explanation:
Which of the following encourages creativity and innovation. Flexibility, realistic expectations, persistence or organized planning
Answers
Flexibility fosters invention and creativity.
what is flexibility?If we take corporate work into consideration.
Instead, workplace flexibility is fostering an environment where workers may balance work and personal obligations while still performing at a high level. Options for when, where, and how the work is completed are part of flexible work arrangements.
Creative thinking demands flexibility, which makes it easier to come up with original and creative ideas. If someone is flexible, they will have creative thoughts.
In that we are working with ideas, flexibility is similar to fluency. Yet, while fluency focuses on producing as many ideas as possible, flexibility focuses on producing concepts that are unique from one another.
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expalin how foreign employment contributes to spurring nation economy
Answers
1) Country can get lots of foreign currency as the remittance which can be used to establish industries in the country. Such industries provide job opportunities in the country. 2) People who go overseas to work can learn different skills and technologies which can be beneficial for the development of our own country.
Suppose a student-athlete has the opportunity to earn $600,000 next year playing for a minor league baseball team, $100,000 next year playing for a European professional football team, or $0 returning to college for another year.
The opportunity cost of the student-athlete returning to college next year is $
I entered $100,000 and got it wrong.
Answers
Answer:
it's 0
Explanation:
hes returning to college and making zero money