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In which of the stages of the trade cycle should the management accountant consider forecasting lower sales than in the previous year?
In a given economy of every $1 of additional income:
$0.68 is spent on consumption of domestically produced goods
$0.13 is spent on imported goods
$0.15 is taxed by government
What is the value of the multiplier in this economy?
A bank charges a 4% quarterly interest rate on a personal loan of $10,000
What is the effective annual amount of interest that the borrower pays on this loan? Give your answer to the nearest whole dollar.
Based on a trade balance between Country A and Country B over a ten year period, the underlying trend of the trade balance is represent equation
-114.027 -1.47x
where x is the time period expressed in years.
Assuming an additive forecasting model, with a seasonal factor of 82 6, then the forecast for year 2016, in whole units is:
