The answer is option "d", all of the above.
<span>Discretionary fiscal policy
</span><span>a. may reassure investors and consumers that the federal government will be able to avert a major economic downturn.
b. is not very effective in influencing real GDP during normal times because of time lags.
c. can be very effective in influencing real GDP during abnormal times, such as when a nation is at war.
</span>We can define discretionary fiscal policy as when there is a change in government expenditures or taxes to gain national economic goals.
Answer:
$2,250,000
Explanation:
The computation of the estimated next year sales is shown below:
= Sales last year at full capacity + Sales last year at full capacity × next year percentage × capacity percentage
= $2,000,000 + $2,000,000 × 50% × 25%
= $2,000,000 + $250,000
= $2,250,000
We simply applied the above formula so the correct estimated sales for the next year could come
8 C, 11 B, 13 D, 14 B, 20 B
Answer:
The correct answer would be $5
Explanation:
The formula to use is "Expected return to player" which is
E(x) = x.p(x)
where x is the return to player if they win
and p(x) is the probability of winning.
So here,
x = $100 (return to player for winning)
p(x) = 1/50 (probability of winning)
Therefore expected return to player is
E(x) = x.p(x)
= $100 x 1/50
= $100/50
= $2
Cost: $7
Expected return to player is $2.
Therefore Loss (to player) is Cost minus Expected return
= $7 - $2 = $5 <---- expected value for the carnival to gain,
The loss to the player is the carnival's gain. It's $5.
