Present Value involves discounting, and future value involves compounding.
The find present value of a dollar a year from now, we must discount by the discount rate, since a dollar a year from now is not worth as much as a dollar today.
To find the future value (in a year) of a dollar we receive today, we increase the dollar by the discount rate, since our dollar today is worth more than a dollar a year from now.
Answer:
Explanation:
Start with your gross income. Income is on lines 7-22 of Form 1040.
Add these together to arrive at your total income.
Subtract your adjustments from your total income (also called “above-the-line deductions”)
You have your AGI.
Answer:
All of the above are correct
Explanation:
When central banks or the Federal Reserve wants to control money supply in the economy it uses various tools that either mop up or increase money supply to the economy.
An increase in discount rate results in high interest rate of borrowing by commercial banks from the Federal Reserve. Cost of borrowing nos increased so money supply reduces.
Selling of government bonds is used to reduce cash in circulation. As investors buy the bonds money is moved from the economy to the Federal Reserve.
Reserve requirement is the amount of cash that commercial banks are required to keep with the Reserve. An increase in this means commercial banks have less to give to its customers
Answer:
D. Objectivity
Explanation:
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