What is GST in Canada? How does it works? and it's Importance?

Q: d. Analyze this firm's position in terms of shut down condition. Should this firm operate or…

A:

Q: When the two countries did not specialize, the total production of jeans was 23 million pairs per…

A: Comparative cost advantage: - it is a principle of international trade given by David Ricardo which…

Q: 3. Lesly Pacas borrows 300,000 pesos for 90 days at 12% per year to remodel her hair salon. She…

A: Given: Amount: 300000 pesos Period=90 days Interest rate at present=12% Interest rate a decade ago…

Q: Refer to the shaded area on the graph to the right. The social cost of common access is the area of…

A: “Private cost is the actual cost incurred during an economic activity, such as production.”…

Q: Does reducing purchasing power of a consumer decrease inflation in the economy?

A: Cost increases for virtually all goods and services in the economy are referred to as inflation.…

Q: GST was first introduced in which country ?

A: GST was introduced in many countries to reduce the tax evasion.

Q: 6. Suppose Afghanistan and South Korea are countries that both produce coffee and tea which are sold…

A: Effects of the trade agreement on South Korea's economy:Increased Access to Coffee: With the trade…

Q: 30) Suppose Brandon's indifference curves are 3 defined as U = (³)√√F¸ + (1)√FH S where F's is…

A: In, this question we are given with the Brandon's utility function as Here, Fs is the food…

Q: Consider two neighboring island countries called Contente and Euphoria. They each have 4 million…

A: We are going to use Opportunity cost and Comparative advantage concept to answer this question.

Q: The following table contains data for a hypothetical closed economy that uses the dollar as its…

A: The term "government spending" describes the cash that the government spends on various goods and…

Q: Give reasons which you think are the most important reasons for saving regularly.

A: Savings refer to the amount of the funds that are kept by the individuals and are not invested in…

Q: A new drill press is being considered to purchased. The estimated first cost is Php 200,000. The net…

A: Given the first cost = 200000 First year income = 75000 Per year decrease in income = 12500 Interest…

Q: Alternative 1 2 3 4 5 If the alternatives are independent and the MARR is 12% per year, the one(s)…

A: Internal rate of return refers to the rate at which the discounted present value of the future cash…

Q: Q.1. Large number of technical training institutions have been started by the government. State its…

A: # With the most efficient use of resources and technology, all the bundles which the economy can…

Q: (ii) Show in steady state the equilibrium exchange rate and price level is 100. Show we can reduce…

A: Inflation is an economic concept that refers to the general increase in the price level of goods and…

Q: How is the Purchasing power important?

A: Answer - Purchasing Power - Purchasing power is overall buying capacity of country which is…

Q: What is a SIF?

A: A SIF is a form of Security investment fund that can invest in a variety of assets. It normally…

Q: what is eurocurrency

A: The expression "eurocurrency" applies to any currency deposit held beyond the home market in which…

Q: g. Now suppose that firm is faced with the same problem as in (e and f) except that firm has a fixed…

A: Given: Production function: Q=K1/2L1/2 Price of K (R)=$8 Price of L (W)=$2

Q: An important application of regression analysis in accounting is in the estimation of cost. By…

A: The data set is: Production Volume ($) Total Cost ($) 400 4000 450 5000 550 5400 600 5900…

Q: The economy's AS curve will shift upward in the short run if there is: OA. an improvement in…

A: Aggregate demand is the sum of consumption, investment, government spending and net export.  At…

Q: Why is it important to follow the FIFO in doing and INVENTORY?

A: Both the raw materials utilised in manufacturing and the final commodities that are ready for sale…

Q: how did you get the 75 ??

A: Here, information about the price of own good, price of related good, income and units of…

Q: What is the main difference between personal and disposable personal income?

A: Personal income is total payment to individual either productive income or else, it can include…

Q: Please sir answer a to d I will rate sir please A to d

A: A -  For good Y, moving from point A to B, production of Y increases from 5 to 10 and production of…

Q: What will excess reserves be equal to if the Fed buys $2 billion in securities (bonds) from banks?

A: Required reserve is the part of deposit that is kept by the commercial banks as per the policy.…

Q: Assume that the following are the statistics for Xlandia's inflation and unemployment from 1985 to…

A: Inflation rate refers to the increased price in a given period And unemployment  Rate = Percentage…

Q: Which of the following statements about a fixed input is true? O a) Its price is fixed. The quantity…

A: # When we talk about inputs. We often comes across two terms. Fixed inputs and variable inputs.…

Q: o. Use the midpoint formula for Ed to determine price elasticity of demand for each of the four…

A: Midpoint elasticity of demand (Ed) = [(Q1 - Q0) / (Q1 + Q0)] / [(P1 - P0) / (P1 + P0)]

Q: The cost data in the following table are for Marshall's Meats, a perfectly competitive firm. Round…

A: Hi Student, thanks for posting the question. As per the guideline we are providing answers for the…

Q: 13. Describe the features of monopolistic competition: a. How is it similar to monopoly? b. How is…

A: Market refers to the place where buyers and sellers interact each others and exchange the goods in…