Type of expenditure at the local level
What is the most important source of revenue and the major type of expenditure at the local level?
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At the local level the most important source of revenue is, by far, property taxes. Education is by far the most important expenditure.
Briefly describe the term cost of capital and also illustrate out its significance?
An individual seller within perfect competition will not sell at a price lower than the market price since: w) demand for the product will exceed supply. x) the seller would begin a price war. y) the seller can sell any quantity she desires at the prevailing mar
Double coincidence of wants: This means that one person's wishing to buy and sell should coincide with another person’s wish to buy and sell.
In perfectly competitive market, the market demand curve is given by Qd = 10 − Pd, and the market supply curve is given by Qs = 1.5Ps. a) Prove that the market equilibrium price and
An employer that exaggerates the safety of a position or the prospects for advancement to job applicants makes inefficiencies as well as arguable inequities due to: (1) signaling. (2) credentialism. (3) screening. (4) adverse selection. (5) a moral hazard.
What are the major provisions of GATT
The market-based economic system: (1) Appears to be ‘natural’ as it has existed in all societies. (2) Has dominated the economic relationships in United States since from the year1492. (3) Guided resource allocation in middle ages. (4) Is
Illustrate several theories about causation?
What do you understand by the term internal rate of return?
Write down the external factors which influencing the capital structure?
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