(i) Based on the circular flow of income analysis, explain why marginal propensity to consumer plus marginal propensity to save equals one. (4 marks) What is the relationship between the simple multiplier and marginal propensity to consume? (3 marks)

From the references described in the module, and the suggested resources for the course, choose an article that deals with a country’s income as a determinant of consumption and savings. Once you have analyzed it, write a short critical review (maximum of 500 words) in which you identify the main […]

The demand and supply schedules for carrots in a certain market are given below: Price per ton (Sh „000‟) Quantity demanded per month (Thousands of tons) Quantity supplied per month (Thousands of tons) 2 110.0 5.0 4 90.0 46.0 8 67.5 100.0 10 62.5 115.0 12 60.0 122.5 Determine the […]

De las referencias descritas en el módulo, y los recursos sugeridos para el curso, escoja un artículo que trate sobre el ingreso de un país como determinante del consumo y del ahorro. Una vez analice el mismo, escriba una breve reseña crítica (máximo de 500 palabras) en la que identifique […]

In a certain economy the marginal propensity to save is 0.2 and the autonomous consumption equals 400. i. Formulate the consumption function. (5 marks) ii. If the Government‟s expenditures were to increase by 50% what would be the resultant change in National income. (10 marks)

Explique brevemente la importancia de un estado de flujo de efectivo para una entidad comercial.

One of the key difference between non-profit making and commercial organizations is that they have different reasons for their existence. Consequently, non-profit making organizations follow some accounting principles which differ from those followed by commercial organizations. Required: Briefly discuss the role of accountants in both types of organizations.

Briefly explain the importance of a cashflow statement to a business entity

(a) Briefly explain the following terms as used in accounting for returnable containers: (i) charge-out price (2 marks) (ii) Credit-back price (2 marks) (b) Jiko Ltd. supplies cooking gas in 10 kilogramme cylinders which are returnable after use. The cylinders are purchased at Sh. 500 each and are valued at […]