Economics Answers

in what ways can the economics teachers be assisted to improve on their skills in continuous assessment practice with a view to enhance learners optimum performance

suppose that the net investment flow is described by the equestion I(t)=6t1/2 and that the initial capital stock at time t=0 is k(0) what is the time path of capital.what will be the capital formation during the time interval (3,5).

How can you use case-study as a teaching & learning strategy for Economics learners? 

What factors militate against the effective compliance with continuous assessment standard by

Economics teachers in South Africa? 

In what ways can the Economics teachers be assisted to improve on their skills in continuous

assessment practice with a view to enhance learners’ optimum performance? 

a)     Describe ONE MAIN accounting principle, concept, assumption, rule, quality or other conceptual framework of accounting component that may be used in resolving the following accounting problems:

                   i.           A logistics service provider of the company ferrying delicate goods from Mombasa has had a long standing history of damaging some of the goods under its care with no recourse.

1.       How would each of the policies listed in parts (a) through (b) change the Tanzi–Olivera effect?

a.        Requiring monthly instead of yearly income tax payments by households.

b.       Assessing greater penalties for under-withholding of taxes from monthly paychecks.

c.        Decreasing the income tax and increasing the sales tax.

1.       What is the rate of money growth that maximizes seignorage in the economy described in problem 6(b)? (Hint: you learned in problem 6(b) that seignorage, in the medium run, is greater at money growth of 50% than at money growth of 25% or 75%. Start by calculating seignorage for money growth rates near 50%. Increase and then decrease money growth rates by one percentage point until you find the answer.)

Suppose the market demand function is given by D(PD) = 60—PD and the supply is S(P) = 2PS.

a) Find the market equilibrium without taxes where PD = PS

b) Suppose now the supplier is required to a per unit tax of t = 3. Draw a graph to to show the change in the supply curve. Find the equilibrium quantity and prices, q*,PS*,and PD*. How much of the per unit tax is passed on to the consumer?

c) Suppose now that the demander is required to a per unit tax of t = 3. Draw a graph to show the change in the demand curve Find the equilibrium quantity and prices, q*, PS*, and PD* .Compare your answers in parts b) and c).

d) Calculate the change in consumer’s surplus, change in producer’s surplus, and dead weight loss as a result of the policy change. Illustrate them on a graph.

1. TRUE or FALSE . All credits will be assigned to explanations.

a) For a normal good, the marginal revenue curve always lies below the demand curve.

b) In a two good model, if one good is an inferior good, then the other good must be a luxury good.

c) Montreal will have (hopefully) a very mild winter. Suppose the supply of down coats does not change. In the market equilibrium this winter, the quantity of down coats sold will go down because demand decreases.

d) Two firms employ the same factors of production to produce the same product. We also know that both of their technologies exhibit constant returns to scale. Then. if the factors firm 1 uses are exactly twice the amount of those firm 2 uses. then firm 1 must produce twice the output that firm 2 produces.