Economics Answers

Microeconomics 11788 11490
Macroeconomics 9856 9669
Other 5516 5389

Questions: 34 267

Answers by our Experts: 33 209

Need a fast expert's response?

Submit order

and get a quick answer at the best price

for any assignment or question with DETAILED EXPLANATIONS!

Search & Filtering

For a downward sloping demand curve, the magnitude of substitution effect is always larger than a that of income effect

An individual “Disburse Cash” event is typically linked to (check all that apply):

A. One specific “Issue Debt” event

B. Multiple “Issue Debt” events

C. Multiple “Issue Stock” events

D. One specific “Issue Stock” event


The M:N relationship between the Request Inventory and the Order Inventory events has a minimum cardinality of 0 in both directions because

A. every request must be linked to at least one order.

B. Some requests are denied and thus are never linked to an order.

C. Some orders may be linked to more than one request.

D. all orders must be linked to at least one request.


Which of the following statements are true?

A. Relationships between resources and agents can be modeled to depict accountability and responsibility.

B. Relationships between two resources can be modeled to depict location information.

C. Relationships between two agents can be modeled to show supervisory relations.

D. All of these are correct.


An individual “Disburse Cash” event is typically linked to (check all that apply):

A. One specific “Issue Debt” event

B. Multiple “Issue Debt” events

C. Multiple “Issue Stock” events

D. One specific “Issue Stock” event


The M:N relationship between the Request Inventory and the Order Inventory events has a minimum cardinality of 0 in both directions because

A. every request must be linked to at least one order.

B. Some requests are denied and thus are never linked to an order.

C. Some orders may be linked to more than one request.

D. all orders must be linked to at least one request.


Which of the following statements are true?

A. Relationships between resources and agents can be modeled to depict accountability and responsibility.

B. Relationships between two resources can be modeled to depict location information.

C. Relationships between two agents can be modeled to show supervisory relations.

D. All of these are correct.


Notes:

1.           The fund owned 12,000 shares in Moyalematt, which were initially purchased for Shs.14, 000. These have been disposed of during the year. The only entries made in the books were in a debtor account and investment account since the shares are yet to be paid for.

 

2.           The trustees felt the need to reflect the following market prices in the financial statements:

        Loan stock in KVM – Market price index – 84.00

         Shares in Flamingo Airways    -Sh.9.75 per share.

 

Required:

i)       Statement of change in net assets for the year to 31 October 2001.          (10 marks)

ii)     Statement of net assets as at 31 October 2001.                                             (10 marks)

    (Total: 20marks)

 



a)     Three year bonds are issued at face value of Sh100, 000 on Jan. 1, 2007, and a stated interest rate of 8%. Calculate the issue price of the bonds assuming a market interest rate of 6 %.( 5 marks)


In the market for tourist e-book guides, the aggregate demand and aggregate supply are given by the equations:

Qd= 2000 – 400P + 0.5I +150Pb

Qs= -516 + 300P – 60W

 

where Qd and Qs is quantity of tourist e-book guides demanded and supplied, Pis the price of a tourist e-book guide, I is household income, W is wage rate paid to tourist book guide laborers, and Pb is the price of a hardbound tourist bookguide. Assume I is Php 2,300, W is Php10, and Pb is Php 21.40. Determine the equilibrium price and quantity of tourist e-book guides in this local market. Show your solution.



Which of the following events in the HR/Payroll cycle are typically modeled as having an M:N relationship to the agents who participate in that event? (Check all that apply.)

A. Training

B. Hire applicants

C. Evaluate performance

D. Time worked


In the financing cycle, which event(s) contain information about dividend payments?

A. None of these are correct

B. Issue debt

C. Disburse cash

D. Issue stock


In the financing cycle, which event(s) contain information about the amount of cash received from investors?

A. Disburse cash

B. Receive cash

C. Issue stock

D. Issue debt Submit


In the financing cycle, which event stores information about the amount of interest paid on a specific date on a company’s long-term debt?

A. Cash

B. Issue Stock

C. Issue Debt

D. Disburse Cash


Who is the external party involved in the Disburse Cash events that represent payments of dividends or interest on debt?

A. Transfer agent

B. Creditor

C. Investor

D. Cashier


Which of the following events in the HR/Payroll cycle are typically modeled as having an M:N relationship to the agents who participate in that event? (Check all that apply.)

A. Training

B. Hire applicants

C. Evaluate performance

D. Time worked


In the financing cycle, which event(s) contain information about dividend payments?

A. None of these are correct

B. Issue debt

C. Disburse cash

D. Issue stock


In the financing cycle, which event(s) contain information about the amount of cash received from investors?

A. Disburse cash

B. Receive cash

C. Issue stock

D. Issue debt Submit


In the financing cycle, which event stores information about the amount of interest paid on a specific date on a company’s long-term debt?

A. Cash

B. Issue Stock

C. Issue Debt

D. Disburse Cash


Who is the external party involved in the Disburse Cash events that represent payments of dividends or interest on debt?

A. Transfer agent

B. Creditor

C. Investor

D. Cashier


Where would an REA diagram for the HR/payroll cycle store information about total hours an employee worked in order to calculate payroll?

A. None of these are correct

B. In the employee time table

C. In the time worked table


Where would an REA diagram for the HR/payroll cycle store information that can be used to bill a client for the time employees spent working on a task for that particular client?

A. None of these are correct

B. In the time used table

C. In the employee time table

D. In the time worked table


Which table would a manager query in order to assess how much time an employee spent performing various functions?

A. Evaluate performance

B. None of these are correct

C. Time worked

D. Time used


In an REA diagram of the HR/Payroll cycle, which of the following is a resource entity?

A. Skills

B. Applicants

C. None of these are correct

D. Training


Where would an REA diagram for the HR/payroll cycle store information about total hours an employee worked in order to calculate payroll?

A. None of these are correct

B. In the employee time table

C. In the time worked table


Where would an REA diagram for the HR/payroll cycle store information that can be used to bill a client for the time employees spent working on a task for that particular client?

A. None of these are correct

B. In the time used table

C. In the employee time table

D. In the time worked table


Which table would a manager query in order to assess how much time an employee spent performing various functions?

A. Evaluate performance

B. None of these are correct

C. Time worked

D. Time used


In an REA diagram of the HR/Payroll cycle, which of the following is a resource entity?

A. Skills

B. Applicants

C. None of these are correct

D. Training


LATEST TUTORIALS
APPROVED BY CLIENTS