Answer:
Interest rates would rise.
Explanation:
There would be a decrease in the amount of loanable funds borrowed.
if the government were to increase the tax on interest income, a reduction in the amount of funds borrowed would happen because the cost of borrowing would then become higher and people would have to pay more than they would have paid for every amount borrowed
Answer:
when the velocity of money is high, it means each dollar is moving fast to purchase goods and services. It reflects high demand,which generates more production. When the velocity is low, each dollar is not being used very often to buy things.
Answer:
Ice, liquid water, and water vapor differ in the arrangement and motion of water molecules
Explanation:
Answer:
d.$38,448
Explanation:
The computation of the expected change in net income is shown below:
The net purchase for one day = $11,760
For 20 days excluding discount period i.e 10 days , it would be
= $11,760 × 20 days
= $235,200
The interest would be
= $235,200 × 10%
= $23,520
Now the gross purchase is
= (Net purchase × total number of days in a year) ÷ (1 - discount rate)
= ($11,760 × 365 days) ÷ (1 - 0.02)
= $4,292,400 ÷ 0.98
= $4,380,000
The discount is
= $4,380,000 × 0.02
= $87,600
After tax rate, the change in net income would be
= ($87,600 - $23,520) × (1 - tax rate)
= $64,080 × 0.60
= $38,448
Answer:
D) multifactor productivity
Explanation:
Multifactor productivity measures the total output vs total inputs needed to produce them. It basically measures economic performance and productive efficiency. How many inputs (labor, materials and overhead) are needed to produce a certain amount of finished goods or services.
