In Utopian world, there is
(a) Scarcity of means
(b) Plentiful ends for all
(c) Abundant resources
(d) b & c
(State the reason too. There is a confusion between option (b) and option (c) )
Can u give an example about the dynamics analysis from the current Sri lankan economy ?
i. Investor I will require a higher rate of return on asset A than will investor J.
ii. They both require the same return on asset A.
iii. Investor J will require a higher rate of return on asset A than will investor I.
Blackberry Ltd. acquired a machinery on 1st July 2017 for ₹ 15,00,000 and paid ₹ 90,000 towards it’s brokerage. On the same day ₹ 25,000 was additionally incurred to get the machinery installed in the factory premises. On 1st January 2019, company acquired another machinery for Rs.5,75,000. On the same date company had to pay ₹ 89,000 for routine maintenance of machinery purchased on 1st July 2017. On 1st October 2019, the machinery purchased on 1st July 2017 was destroyed and company has to scrap it off for ₹ 3,09,600. Company had to pay brokerage at 2% of sale proceeds in order to scrap off the machinery. Company depreciates its assets at 20% p.a. under WDV method. You are required to prepare Machinery A/c and Provision for depreciation A/c for 2018-2019 and 2019-2020.
Explain critically the relationship between money supply and high powered money
With extensive explanation and graph, explain money supply and money demand
How is interest rate determined by classical, Keynesian and hicksian school of thought
Explain in detail the value of money propounded by classical and Keynesian economics
What is the exception to the law of comparative advantage? How prevalent is it?
In what way was Ricardo’s law of comparative advantage superior to Smith’s theory of absolute advantage? How do gains from trade arise with comparative advantage?