Economics Answers

Following information is extracted from the books of XYZ Traders on 31st December
2018.
Particulars Rs. Particulars Rs.
Salesman salary 60,500 Sales revenue 121,000
Plant & Machinery 750,000 Land & Building 840,000
Furniture and Fixtures 170,000 Long term loans 45,000
Goodwill 100,000 Patent rights 150,000
Gross profit 24,000 Commission received 20,000
Copy rights 220,000 Salaries of marketing staff 172,000
Sundry creditors 25,000 Mark up on loan 14,000
Salaries of office staff 160,000 Advertising expenses 63,000
Electricity charges of office
building
95,000 Short term loans 33,000
Rent of office building 60,000 Taxes paid 31,000
Required:
Based on the above information of XYZ Traders, you are required to calculate the
amount of:
1. Tangible Assets
2. Intangible Assets
3. Administration Expenses
4. Selling Expenses

In a monetary policy , among other ways to finance a deficit – there are :
Issuing securities, Fiat money, Borrowing from abroad, or Borrowing from domestic financial institutions.
Elaborate – verbally and graphically on 2 methods:
One method leads to inflationary pressure, and another method leads to a negative impact on investment – through interest rate

Given the national income. Plotted on the horizontal axis and the GDP deflator on the vertical one. Explain verbally and graphically, how to use the fiscal policy-as an automatic adjustment to reach the potential level of GDP along the LRAS curve

what change in the open market operation would u recommend and how it affects the cash rate?

a driver wishes to buy gasoline and have her car washed. she finds that the wash costs $3.00 when she buys 19 gallons at $1.00 each, but that if she buys 20 gallons the car wash is free. Thus, the marginal costs of the 20th gallon of gas is

a monopolist does not have a what curve

With regard to coal shortages and municipal debts. What forms of intervention do you think Eskom can put in place in order to cover up all the debts and continue operating? incorporate relevant graph's in your answer

Consider a monopolist with the following demand functions for different market segments q1=16-0.2P1
q2=9-0.5P2
Where q1 and q2 are the quantities demanded in markets 1 and 2 respectively, and p1 and p2 are the prices charged in the two market s. The cost function is C=50+20 (q1+ q2).

A country reported a real GDP growth of 4.17% from 2011 to 2012 and reported a GDP deflator
of 125 in 2012 and 120 in 2011. What happened to the country’s nominal GDP and price level
from 2011 to 2012 (Increased, decreased or remained the same)? Calculate the percentage change
of each.

. Harry's Candy shop’s total monthly revenue increased from $1,000 to $2,000 when its quantity
sold rises from 100 to 300 candies a month. What is the price elasticity of demand for Harry's
candies?
a. 2.318
b. 0.395
c. 2.530
d. 1.816