Answer:
C. The government can change the reserve
ratio.
Answer:
Jarrod exclude from his gross income of $13,500
Explanation:
The following items which are excluded from the gross income are:
1. Tuition = $12,000
2. Books and supplies = $1,500
The total amount would be equal to
= $12,000 + $1,500
= $13,500
These items would be excluded because the deduction is allowed for these items. Whereas, the room and personal expenses are taxable. Hence, it would be included in the gross income
<span>The
answer is private placement. It is the transaction of securities to a moderately
small number of select investors as a way of raising capital. Investors
involved in private placements are frequently large banks, mutual funds,
insurance companies and pension funds. A
private placement is
not the same from a public issue, in which securities are made accessible for
sale on the open
market to any type of investor. Since a private placement is obtainable
to a few selected individuals, the placement does not have to be recorded with
the Securities
and Exchange Commission (SEC). In many circumstances, thorough
financial information is not disclosed and the investment is not sold by prospectus.</span>
Answer:
According to the OECD the total expenditure of the US government, including state and local is about a 38% of the GDP.
Explanation:
The federal government expends almost the 55% of the total and the remaining 45% the state and local government.
