Other Economics Answers

A bank earns 3% interest per annum compounded monthly for an initial savings deposit of 100,000 pesos. Find the net value of the deposit after 3 quarters if the earning is subjected to a 21% tax.

A yearly payment of 100, 000 pesos every end of each year starting at the end of 5 years for 10 years, with a down payment of 500, 000 pesos. Draw a cash flow.

a)     Discuss how the economic, political-legal, and cultural environments affected Google’s international marketing decisions in China.

b)     Describe the approach used by Google to enter the Chinese market.

c)     Explain how Google adapted its marketing mix for the Chinese market.

d)     Explain why Google pulled out of the Chinese market. In your view was this a mistake? Justify.

ANSWER THE FOLLOWING QUESTIONS

1. What is the main product category or sector which is the most important one in recent years, as compared to 70 years back? Explain!

2. With the use of mathematical equation, explain gravity model.

3. What is the relationship of the following variables with trade? Explain!

a. distance

b. income

4. Identify and explain 5 determinants of trade, that you know.

5. Is there any empirical evidence to support the prediction of gravity model? Explain

The executor of a will has to distribute an inheritance of P28 000 to a sole beneficiary in equal monthly payments over 4 years. If effective interest rates are 7.5% per annum, compounded monthly, how much will each monthly payment be?

: In each of the following cases, do you think the price elasticity of supply is perfectly inelastic, elastic, or inelastic. Explain your answer. a. An increase in demand this summer for luxury cruises leads to a huge jump in the sales price of a cabin on the Queen Mary. b. Cement is the primary building material in Mexico. After new technology makes cement cheaper to produce, the supply curve for the Mexican cement industry becomes relatively flatter.

What was the reason for an all-cash transaction, and what are the disadvantages of this form of consideration (as opposed to using common shares as consideration)? What are the principal risks and benefits of this transaction for 3G and Berkshire Hathaway?