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3 years ago

Suppose the tax multiplier is 2.7. Assuming prices are constant, this means that

Business

1 answer:

Lana71 [14]3 years ago

4 0

Answer:

a $1 rise in government spending will raise both total spending and Real GDP (assuming prices are constant) by $2.70.

Explanation:

The tax multiplier is generally used to show the multiple at which there is either a decrease or an increase in gross domestic product when there is either an increase or decrease in tax. Therefore, if the tax multiplier is equivalent to '$n' and assuming there is no change in price, there will be an increase of '$n' on the GDP and total spending for every dollar increase in the spending of government.

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Which entity is a public good?

Georgia [21]

The Miitary!!!!!!!!!

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3 years ago

The constraint at Dalbey Corporation is time on a particular machine. The company makes three products that use this machine. Da

Luden [163]

Answer:

Explanation:

Price Per Unit for FE = Selling price - Variable price = 260-186 = $74

Price Per Unit for MB = 365.80-269.88 = $95.92

Price Per Unit for WP = 181.40-127.44 = $53.96

Price per Minute for FE = 74/5.20 = $14.23

Price Per Minute for MB = 95.92/7 = $13.70

Price Per Minute for WP = 53.96/4 = $13.49

The least profitable unit per minute is WP ($13.49 per minute) or $53.96 per unit. So the answer is C

4 0

3 years ago

Determine the amount of depletion expense that would be recognized on the Year 1 income statement for each of the two reserves,

emmasim [6.3K]

Answer:

Kindly check the explanation section.

Explanation:

STEP ONE: calculate or Determine the depletion expense per unit. .

For oil reserves, the depletion expense = 1376000 - 0/ 257000 - 12000 = $5.76.

For timber, the depletion expense = 2080000 - 112000/ 1770000 = $1.11.

For silver mine, the depletion expense = 1840000 - 0/ 131000 = $14.05.

For Gold mine, the depletion expense = 3070000 - 0/63000 = $48.73.

STEP TWO : Determine or calculate the total depletion expense.

For the year 2018, the total depletion expense for; (a). silver mine= 14.05 × 14800 = $ 207,940.

(b). Timber = 1.11 × 51000 = $566100.

For 2019, the the total depletion expense for; (a). silver mine= 14.05 × 29000 = 407,450

(b). Timber = 1.11 × 370,000 = 410,700.

(c). Gold mine = 48.73 × 4200 = 204,666.

(d). Oil reserve = 5.76 × 83,000 = 478,080.

STEP THREE:

SILVER MINE: 1840000

- Accumulated depletion = ($ 407,450 + $ 207,940) = 615,390.

(1). Thus, 1840000 - 615,390 = 1,224,610.

GOLD MINE = 3070000.

Accumulated depletion = 204,666.

(2). Therefore, we have 3070000 - 204666 = 2,865,334.

TIMBER: 2080000.

Accumulated depletion = ( $566100 + 410,700) = 976,800.

Residual value of land = #112000.

(3). Therefore, (2080000 - 976,800) - 112,000 = 991,200.

OIL RESERVES: 1376000.

Accumulated depletion= 478,080.

(4). Therefore, 1376000 - 478,080 = 897,920.

Hence, we have the total natural resources = (1) + (2). + (3). + (4). =

1,224,610 + 2,865,334 + 991,200 + 897,920 = $ 5,979,064.

Therefore, 5,979,064 - 112,000 = $ 5,867,064.

6 0

4 years ago

You currently have $20,000.01 in a bank account that pays you 5 percent interest annually. You plan to deposit $800 (starting 1

Nookie1986 [14]

Answer:

FV= $44,269.11

Explanation:

First, we need to calculate the future value of the lump-sum deposit of $20,000:

FV= PV*(1 + i)^n

FV= 20,000.01*(1.05^11)

FV= $34,206.8

Now, the future value of the $800 annual deposit:

FV= {A*[(1+i)^n-1]}/i

A= annual deposit

FV= {800*[(1.05^10) - 1]} / 0.05

FV= $10,062.31

Finally, the total future value:

FV= $44,269.11

4 0

3 years ago

On January 1, 2021, Wooten Technology Associates sold computer equipment to the Denison Company. Delivery was made on January 1,

lubasha [3.4K]

Answer:

$1,157 rounded to the nearest whole dollar

Explanation:

4 0

3 years ago