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1-On June 1, 199X firm T bought 100 bonds with a nominal value of 1,000 ALL each, 10% annual interest and 12 months term.

2-On September 1.199X firm T bought 50 shares of corporation A with a nominal value of 2,000 ALL each.

3-On 30.December.199X firm T calculated and recorded the interest realized on the bonds for the period 1.June-30.December.199X.

4-On 31.199.199X1 corporation A declared dividends belonging to the shares owned by firm T for an amount of 4,000 ALL.

5-On February 10, corporation A paid dividends to firm T for the amount of 4,000 ALL.

6-On March 1, 30 bonds were sold at a market price of 900 ALL each.

Required: To reflect economic events in the form of effects +/- in the relevant accounts



1-On May 2, firm T, which sells machinery and equipment, received from a buyer a promising receipt with a term of 6 months, 8% interest and a principal value of 150,000 ALL.

2-After keeping the promissory note for a month, on June 2, firm T sold it to the bank with a discount rate of 12%.

3-On July 1, firm T sold a machine to buyer A. The buyer issued to firm T a promising receipt with a principal value of ALL 100,000, a term of 3 months and an interest rate of 6%.

4-On July 2, he sold a device to a client X on the condition of 2/10, n / 30 worth 40,000 ALL.

5-On August 2, client X was not able to pay the value of the device, so he agreed with firm T to pay the value of the device after 3 months. Client X issued to firm T a promising receipt with 5% interest

6-On October 1, buyer A shot to firm T the maturity value of the promissory note issued on July 1.

Required: To reflect economic events in the form of effects +/- in the relevant accounts



1-On May 2, 200X, company N, which traded machinery and equipment, received from a buyer a promising receipt with a term of 6 months, with an interest of 8% and a principal value of 150,000 ALL.

2-After keeping the promissory note for 6 months, on November 2, the firm collected its maturity value.

3-On July 1, firm N sold a machine on credit to buyer A, for a period of 3 months, worth ALL 100,000.

4-On July 2, firm N sold a device on credit to client X, for a period of 1 month, worth 40,000 ALL.

5-On August 2, client X was unable to pay the value of the device, so he agreed with firm N to pay the value of the device after 3 months. Client X issued to firm N a promising receipt with 7% interest.

6-On October 1, buyer A shot to firm N the value of the machine ё bought on July 1.

Required: To reflect economic events in the form of effects +/- in the relevant accounts


Firm K, which uses the method of continuous inventory, performed during June the following economic operations:

1-On June 1, he bought goods with immediate payment worth 18,000 ALL.

2-On June 4, he bought goods on credit with the condition 2/10, n / 30, with a value according to the purchase price of 40,000 ALL.

3-On June 5, goods worth 1200 ALL were returned to the supplier on June 4 because they had defects.

4-On June 10, goods were sold on credit with the condition of 2/10, n / 60 with a value of 50,000 ALL. The cost of goods sold was 45,000 ALL.

5-On June 12, the value of the purchased goods was paid on June 4 minus the value of the returned goods earning the purchase discount. Required: To reflect the economic events in the form of effects +/- in the respective accounts.


In a keynesian model it is assumed that the consumption function is given by C= 2000 + 0.75 (Y-T) and the planned investment is 1,000 government purchases and taxes are both of those and formulate and draw a graph of planned expenditure as a function of income



What is the equilibrium level in the part above



If the government purchases increased by 1250 what is the equilibrium income



With the aid of a algebra prove that a balanced budget multiplier is always equals to 1

To what extent do economics teachers in South Africa comply with the continuous assessment guidelines?


Sup suppose the level of autonomous investment in an economy is 2,000 shillings and the consumption function is c=800 +0.25Y find the equilibrium levels



What will be the increase in national income if the investment increases by 250


Suppose that the level of planned investment is to the ceilings and the saving function is given by S=-800 + 0.25Y ,find the equilibrium levels of income


Suppose the consumption function is given by C=200+0.2Y ,find the equilibrium levels of income


With is a graph discuss the ranges of the aggregate supply curve

The following equations describe an economy. (Think of C, I, G, etc as being measured in billions and I as a percentage; a 5 percent interest rate implies i = 5.)

C = 0.8(1 – t)Y

t = 0.25

I = 900 – 50i

G = 800

Md/P = 0.25Y – 62.5i

Ms/P = 500

 

a)     Derive the equations that describes the IS and LM curves?                          

b) What is the equilibrium level of income and interest rate?   

Q.1.1 Explain, using the AD-AS model, the effect of an increase in investment in the macroeconomy on the equilibrium price level and the equilibrium level of output.

1.20 Although government intervention in an economy is sometimes justified, governments may still fail when they intervene. Government failure occurs because: (2) (1) Politicians often make decisions that win votes in the short term rather than making decisions that maximise long term economic prosperity; (2) Government organisations are largely bureaucratic and, as such are not subject to competition or under pressure to maximise profits; (3) Both statements (1) and (2) are correct; (4) Neither statement a nor b is correct.

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