Paper 1 May/June 2008 Economics (9708/03) A Level
CIE
AS & A Level
Economics (9708)
شهریور
2008
شامل مباحث:
AS Level
تعداد سوالات: 30
سطح دشواری:
متوسط
شروع:
آزاد
پایان:
آزاد
مدت پاسخگویی:
60 دقیقه
پیش نمایش صفحه اول فایل
Arefe Naderlouei An entrepreneur takes out a $500 000 loan at a rate of interest of 10 %, and invests a further $500 000 of his own funds to set up a new firm.
In the first year he pays himself a salary of $40 000.
The rate of interest he could have obtained by investing his funds elsewhere is 8%, and the wage he could have earned in alternative employment is $30 000.
By how much will an economist’s calculation of the firm’s first year costs exceed an accountant's calculation?
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