causes of depreciation which decrease in the value of assets. . Concepts of capital & revenue * Capital and revenue expenditures * Capital and revenue receipts * Capital and revenue losses * Capital and revenue profits * Capital and revenue reserves Capital Expenditures The expenditures which generates revenue or income is called capital expenditure. Capital expenditure
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Set 2 Complete all questions listed below. Clearly label your answers 1. What impact would a change that shifts an economy’s production possibilities curve outward have on the long run aggregate supply curve? How have improvements in computer technology affected production possibilities and the long run aggregate supply curve? Explain Answer: Growth of population and the labor-force participation rate Capital accumulation Improvements in technology 2. Construct
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increase in ’15 . Aggregate Supply and Demand A down swing unemployment will signify and upswing in more people with jobs and spendable cash. Both business spending and consumer spending should signify an upward slope in the aggregate supply curve and demand curve. As more consumers demand goods and services there must be products and services to fill the demand. Baring any supply shocks‚ shorter price changes or gross changes to expected inflation‚ the short-run aggregate supply should be upward
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Task 1 [P3‚ M1] Describe/explain potential sources of energy intake and expenditure and the factors that affect intake and expenditure such as basal metabolism‚ age‚ gender‚ climate and physical activity. Food is a source of energy intake as it contains carbohydrates; there main function is to store energy in the muscles. Carbs are a macronutrient and come in two different forms‚ simple which are foods like chocolate and sweets these release energy quickly‚ the other form is complex which are foods
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output aslabeled on in the diagram. Every few years due to fluctuations in Aggregate Demand andAggregate Supplythe economy experiencesrecessions (troughs) and booms (peaks) i.e. (1) http://en.wikipedia.org/wiki/Business_cycle#Marxist_economics rapid decline and rapid growth in the economy.(Aggregate demand is the total amount of goods and services that all buyers in an economy want to buy at different prices‚ Aggregate supply is the total quantity of goods and services produced in an economy
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Taxation Law and Practice Group Project ZHAO ZHAO：430064847 YUN ZHOU：430401835 YULING YAN：430048777 HAOHAN：420049283 Stream: 2 (3:00pm-6:pam Tuesday) Lecturer: Antony Ting Introduction Bigshoes Ltd‚ as a company that incorporated in Australia‚ meets the requirement of a resident in Australia based on s6 (1) of ITAA 1936. The company incorporated in Australia would become a resident of Australia automatically. Moreover‚ according to s6-5 and s6-10 of ITAA 1997‚ a resident of Australia should
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ECW2730 Unit Code Macroeconomic Policy Unit synopsis Macroeconomic policy as it affects the open economy; policy consequences of consumption and investment decisions; analysis of policies with respect to the real exchange rate and trade balance; policy responses to assets price movements; policy goals under different international monetary systems; the economic benefits and costs of optimum currency areas; how policy-makers in Australia and in other countries try to stabilise the economy
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1 This partial fill-in paper consists of 14 pages plus instructions for the completion of a mark-reading sheet. Read the following instructions CAREFULLY before answering the paper. The paper is divided into two sections: Section A and Section B. SECTION A Candidates must answer ALL the questions in this section. SECTION B In this section ALL the questions must be answered on the mark-reading sheet which is supplied. Carefully follow the instructions for the completion of the mark-reading
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Week 1‚ DQ 1: How would you describe the entries to record the disposition of accounts receivables? What is their function? Since the majority of US thrive on the use of credit cards‚ the accounts receivables for a company may no longer be on a cash-to-cash basis. A company may need to sell these accounts to other companies who specialize in handling accounts receivables if they need cash more quickly or if it would be too costly to perform the necessary billing to collect on the account. The
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RMIT UNIVERSITY FACULTY OF BUSINESS SCHOOL OF ECONOMICS AND FINANCE SIM SEMESTER 1: 2012 ECON-1045 Macroeconomics 2 TEST 2 (MOCK) Instructions: 1. Fill in your name and other details on page 2 before beginning the test. DO NOT DETACH PAGE 2 FROM THE QUESTION SHEETS. 2. You must answer all twenty eight questions in the time allowed for the test (Note: In the actual test‚ there are only 20 questions!) 3. For each question‚ choose the
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