Question 2. (a) Briefly explain the relationship
between the inflation rate and the real interest rate in an economy
with the aid of a numerical example? (b) You had an option to
either invest in a savings scheme or business venture where you had
to borrow the funds. Assume that both investment options have the
same risk and offer the same returns at the current interest rate.
If it was later established, just before you entered a contract,
that general...
(a) Explain the main differences between equity and efficiency.
[10 marks] (b) Outline the opportunity costs that an adult learner
faces. [10 marks] (c) Explain the issues that are normally
discussed in microeconomics.
Question 1 (a) Explain the main differences between equity and
efficiency. [10 marks] (b) Outline the opportunity costs that an
adult learner faces. [10 marks] (c) Explain the issues that are
normally discussed in microeconomics.
Question 2.
Briefly explain the relationship between real interest rate and
the nominal interest rate in an economy with the aid of a numerical
example?
How would a strategy to channel your money into a savings
account be affected by inflation?
If a Commercial Bank A offers its savers 9.1%
annual interest rate and pays interest annually, while another
Commercial Bank B offers its savers 9% annual
interest rate but pays monthly. Which Commercial Bank you would
deposit your money,...
a)Briefly explain five differences between moral standards and
legal standards (you may use table format).
b) In 2014, a Malaysian couple was charged in Sweden for
allegedly abusing their four children. The case involving Azizul
Raheem Awalludin and Shalwati Nurshal, surfaced after a teacher of
the couple’s son discovered that he and his siblings were caned for
misbehavior. The 12 years old boy had confessed to his teacher that
they have been caned with a hanger, carpet beater and/or cane...
Enumerate and briefly explain the differences between the IFRS
and US GAAP on the following issues:
• Treatment of Inventory and Valuation methods
• Treatment of Inventory write-down and Asset Impairment and
revaluation
• Treatment and determination of costs of Property, Plant, and
Equipment
• Treatment of Investment Properties
• Treatment of Research and development costs
• Treatment of Intangible Assets
• Treatment of Assets’ Impairment Loss
• Treatment of costs of borrowing to purchase or construct
assets
• Treatment...