Answer:
b. Married taxpayers at any income level may contribute to a Qualified Tuition Program (Section 529 plan).
Explanation:
In the education incentive, there are different conditions, requirements, and criteria. The education incentive was developed to assist and provide financial supports. In the incentive, it is not true that taxpayers that are married who receive a certain amount of income should contribute to a Qualified Tuition Program.
Answer:
$2.02 million
Explanation:
We need to calculate the present value of Doris's contract given the following three cash flows:
Year 0 $0.6 million
Year 1 $0.8 million
Year 2 $0.8 million
interest rate = 8.2%
present value (in million) = $0.06 + ($0.8 / 1.082) + ($0.8 / 1.082²) = $0.6 + $0.74 + $0.68 = $2.02 million
*present value formula = future value / (1 + r)ⁿ
Answer: capital budgeting
Explanation:
The process of analyzing alternative long-term investments and deciding which assets to acquire or sell is known as Capital budgeting.
Capital budgeting is typically used by an organization or a business to know whether it will be worth it if an organization invest in an asset such as new plants, machineries, development projects etc and different alternatives are also considered in order to choose the best option.
Answer:
All the options are possible:
- A. production has risen or prices have risen or both have risen.
- B. prices have risen and production remains constant.
- C. production has risen and prices remain constant.
- D. production has fallen and prices have risen.
Explanation:
Nominal gross domestic product (GDP) represents the market value of all the new and legal goods and services produced within a country during a given period of time (generally a year). Since it is not adjusted to inflation (real GDP is), an increase in nominal GDP may result from higher inflation or higher production, or a combination of both. Only if adjusted to inflation (real GDP) we can know if the increase resulted from higher production.
Answer:
answered this
a, d, e. fed controls money supply through reserve requirements, open market operations and discount rate. It follows expansionary monetary policy during recession and contractionary monetary policy during inflation.
b and c applies. Federal reserve system is the central bank of US and consists of 12 federal reserve districts .There are seven members who are appointed by president for 14 year term.
Explanation:
