Economics Answers

Uk's real GDP was 1360 trillion pounds in 2009 and 1434 trillion pounds in 2010.UK's population was 191.5 in 2009 and 193.5 in 2010. The approximate number of years it takes for real GDP per person in UK to double if the 2010 economic growth rate and population growth rate are maintained

What factors are likely to cause an increase in the demand for British pounds (in exchange for South African rands?)

Rabulani Ltd recently had better than expected earnings which it does not expect to achieve
again.
The company wants to distribute 90% of the earnings available to common shareholders for
the year through a share repurchase at the current share price, instead of a paying out a
dividend. The buy-back will be offset against retained earnings, which comprises the bulk of
the company’s equity. The company currently has 10 000 000 shares outstanding trading at
R5 each, R60 000 000 in total assets (including the earnings available to common
shareholders for the year), R20 000 000 in total liabilities and earnings available to common
shareholders is R5 000 000. None of the shares of the company’s largest shareholder, which
holds 4 550 001 shares, will be bought back.
Determine how many shares will be bought back and choose the nearest option below.
a. 900 000
b. 1000 000
c. 5000 000
d. 9100 000

Which of the following are ways that a private insurance company or the federal government controls rising prescription drug expenditures? (Choose all that apply)

a.Three tiered formularies

b.Cost sharing

c.Annual limits on the number of prescriptions that can be filled

d.Mandatory substitution of generics

e.Price controls

Which of the following is not a part of the short run marginal costs for a pharmaceutical company?

a.Marketing costs

b.Large manufacturing equipment costs

c.The cost of administrative activities

d.Production and manufacturing costs

Calculate the equilibrium level level of income if c=100 million +0.8y if ī=125 million

The economy is characterized by the following equations.
1. Goods Market Equilibrium:
Goods market equilibrium:
Consumption: Investment:
Y = Z
Z=C+I
C = 500 + 0,8Yd, I = 500 + 0,1Y
with Yd = Y

a) Solve for the equilibrium output, consumption and investment. Show your results in an appropriate graph.
b) Assume output is equal to 9000. Compute the overall savings in the economy. Are they equal to investment? Explain!

I know the answers just not the way to solve it. Thank you very much in advance

You are the curator of a museum. The museum is running short of funds, so you decide to increase revenue. Should you increase or decrease the price of admission?

You are the CEO of a taxi company in city A. A recent strike in your company by taxi drivers has resulted in a high wage settlement in city A. You now have to pay taxi drivers 10.0 per cent more wage compared to the wage before the strike took place. Should you increase taxi fares?

Why receipt from sale of building, land or any other fixed asset is not included in national income ?
They generate income so they should be included ?