Answer:
A good is considered to be a public good if it
- it is both non-excludable and non-rivalrous. A good is non-excludable when it can be consumed by anyone, i.e. no one can be prohibited from consuming it. It is non-rivalrous when the consumption from one individual doesn't limit the consumption from other people. Even if there is a limit in the consumption of a private good or service, it is still considered a public good because the limit is not imposed by anyone, it is imposed by the nature of the good or service, e.g. only X amount of people can use a public beach because the size of the beach limits the number of users, since there is no beach that can be used by 7 billion people.
Answer:
Taylor can withdrawn 1,374.20 dollars each month
Explanation:
Timeline:
deposits of 444 for 20 years = withdrawals of X for 15 years
<-----/-/-/-/-/-/-/-/-/-/-/-/-/-/-/-/-/---\\-\-\-\-\-\-\-\-\-\-\-\->
We must calcualte amount to satisfy:
future value of his deposits = present value of his withdrawals
We first need to get the future value of the retirement account
and then the PMT this fund can do.
<u>deposits future value:</u>
C $ 444
time 240 (20 years x 12 months er year)
rate 0.003333333 ( 0.04 annual rate / 12 months = monthly rate)
FV $162,847.9340
<u>withdrawals PMT:</u>
PV $162,847.93
time 180
rate 0.005
C $ 1,374.203
Answer:
Option A
Explanation:
- Debit is for increasing expenses and assets
- Where as credit decreases them.
As per Newtons third law every action has a equal and opposite reaction
- So every debit have a equal credit in trial balance.
Opt A is correct
Answer:
D). Structural
Explanation:
'Structural unemployment' is described as the type of unemployment in which there is a discrepancy between the jobs and skills available in an economy. This is primarily caused to industrial reorganization which leads to a situation where jobs are available but there's an incongruity between the skills required by the companies or organizations and the skills that the workers possess and can offer. This mismatch leads to a state of involuntary unemployment and it can last for years. Thus, <u>option D</u> is the correct answer.