Question: Discuss about the Case Study for Economics of Brexit and Country Regarding. Answer: 1. There is a mixed feeling prevailing in the country regarding the Brexit. Some people are voting for Brexit, as they think exiting from the European Union will boost up the British economy as the freedom from the European Union will provide the British economy a lot of new chances outside Europe. Others are voting against Brexit, as they thi...Read More
Question: Describe about the Economics For Managers for Kingdom from the European Union. Answer: 1. Brexit refers to the exit of united kingdom from the European Union. The European Union or EU ,which involves twenty-eight countries in its association, is an economic and political partnership that was formed after the second world war. It promotes free movement of goods and services among its member countries. In the year 2016, 52% of ...Read More
Question: Discuss about the Economic Activities for Gross Domestic Product. Answer: Introduction Gross Domestic Product (GDP) measures the market value of every economic activities of a country. Non-market services as well as the attributed rents are measured by the GDP. However, it does not include voluntary activities such as the unpaid housework. In the year 2015, GDP in Japan was worth 4124 billion US dollars. In Japan t...Read More
Question: Discuss about the Economic Principles and Decision Making. Answer: Introduction The report focuses on several macroeconomic variables of a country and their effect on business. Schmeckt Gut is a company, which wants to launch a Schmeckt Besser energy bar in Atolia of California. Opening a new business or expansion of a new business depends on economic condition of a country. Several economic factors affecting the b...Read More
Question: Discuss about the Consumption of Alcohol for Economic Growth. Answer: Introduction Consumption of alcohol has direct adverse effects on the economic growth because if the citizens of a country consume alcohol, it tends to lead to wastages of the money which indirectly creates several issues in his/her social, financial and biological life. Higher consumption of alcohol leads the individual to involve in the c...Read More
Question: Discuss about the Monopoly Market Structure in Australia for Australian Banking Industry. Answer: Introduction: An oligopoly market structure is very usual in the context of Australian. Maximum service industry like banking, retail etc. follow the market structure of the oligopoly. The grocery retail sector in Australia is a core example of the duopoly, a narrowed version of oligopoly (Chung, 2015). Moreover, the bank...Read More
Question: Discuss the impact of sales tax on tobacco market. Answer: The tobacco is sold in the purely competitive market. Therefore, price level is set through market mechanism. It is set at a level, where the demand for tobacco is equal to supply of tobacco. This price brings the market of tobacco in equilibrium. In equilibrium price, the quantity for tobacco supplied is equivalent to the quantity demanded. The equilibrium pr...Read More
Question: Discuss about the Preparation and Presentation of Financial Statements. Answer: 1 Part A The accounting treatments for tenants will affect negatively for tenants with debt covenants. Existing many tenants recognize their lease as operating lease which doesn’t not require the lessor to recognize and asset or corresponding liability. Since the new standard requires all lease agreements including operating to recognize...Read More
Question: Describe about the Report for International Economics for Equal Policies. Answer: The reasons why tariffs are more preferred as compared to that of quota are as follows: Tariffs help in generating revenue for the government – the following can help to explain the reason why the economists mainly prefer tariff over quantitative restriction also known as quota. For example, if the Government in the U.S levies a tariff ...Read More
Question: What would happen if no one tried to manage the business cycle? What role do you see for the Executive Branch of the U.S. government in managing the business cycle? How does fiscal policy work? What are its limitations? How does monetary policy work? Who is responsible for setting and implementing monetary policy? Answer: Business cycle is the fluctuations in the economic activity and the GDP growth rate. If there is no one...Read More
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