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4 years ago

True or false members of the texas house of representatives are limited to being elected to three consecutive terms in office.

1 answer:

5 0

The answer to this question is False.

Texas House of Representatives consists of 150 members who are elected by the state and they have a 2 years term. The members of the Texas House of Representatives meet at the House of Representatives chamber of the Texas State Capitol and there is no term limit for being a member of this house.

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Suppose economists observe that an increase in government spending of $14 billion raises the total demand for goods and services

Alexandra [31]

The estimation of the marginal propensity to consume should be 2 ÷3

The computation of the estimation of the marginal propensity to consume is shown below:

But before that the multiplier should be

= Total demand for goods & services ÷ government spending

= $42 billion ÷ $14 billion

= 3

Now as we know that

Multiplier = 1 ÷ (1 - MPC)

3 = 1 ÷ (1 - MPC)

1 - MPC = 1 ÷ 3

MPC = 1 - 1 ÷3

= 2 ÷ 3

Therefore we can conclude that The estimation of the marginal propensity to consume should be 2 ÷3

Learn more about the multiplier here: brainly.com/question/490794

4 0

3 years ago

Muhares, which uses a process-costing system, adds material at the beginning of production and incurs conversion cost evenly thr

Lapatulllka [165]

Answer:

c). 60%

Explanation:

Calculation for what the ending work-in-process inventory's stage of completion is:

First step is to calculate the Units in process

Units in process = 8,000 - 6,500

Units in process= 1,500 units

Second step is to calculate Equivalent units of conversion for in process

Equivalent units of conversion for in process = 7,400 - 6,500

Equivalent units of conversion for in process= 900

Now let calculate the ending work-in-process inventory's stage of completion

Ending work-in-process inventory's stage of completion=900 / 1,500

Ending work-in-process inventory's stage of completion= 0.60*100

Ending work-in-process inventory's stage of completion=60%

Therefore the the ending work-in-process inventory's stage of completion is:60%

4 0

3 years ago

International investment returns Personal Finance Problem Joe Martinez, a U.S. citizen living in Brownsville, Texas, invested

Mama L [17]

Answer:

Following are the answer to the given point.

Explanation:

In point A:

Calculating Percentage Return:

$= \frac{(27.00 - 23.00)}{23.00} \times 100 \\ \\= \frac{ 4}{23.00} \times 100 \\\\= 17.39 %$

In point B:

calculating the Purchase value:

$= 23.00 \ Pesos \times ( \frac{\$ 1}{12.88 \ pesos}) \\\\ = \$ 1.7857 \ per \ share \\\\\to \text{for 1000 shares purchased for: } \\\\= 1.7857 \times 100 \\\\ = 1785.7$

calculating the sale value:

$= 27.00 \ pesos \times ( \frac{ \$ 1}{ 13.44 \ Pesos}) \\\\ = $ 2.0089 \\\\\to \text {1000 shares sold for:} \\\\= $ 2.0089 \times 1000 \\\\ = $ 2008.9$

In point C:

calculating the Investmet Return:

$\to \frac{( \$ 2008.9 - \$ 1785.7)}{\$ 1785.7} \times 100$

$=\frac{\$ 223.2}{\$ 1785.7} \times 100\\\\= 0.12499 \times 100\\\\= 12.49\ \%$

In point D:

Due to varying currency rates, the two results are unique. That first return is more important since Joe lives in the United States, so, his real return or how much of his investment will be paid are measured.

7 0

3 years ago

What are goods or services state taxes provides

krok68 [10]

Social Security rights, Medicare, Medicade

7 0

3 years ago

Zeke's Zipline Adventures sold 6 acres of land used in the business. The sales price was $12,000 and the adjusted basis of the l

bazaltina [42]

Answer:

$1,000

Explanation:

Zeke's zipline sold 6 acres of land

The sales price of the land was $12,000

The adjusted basis of the land was $9,000

Zeke received an amount of $4,000 at the time of sale

The remaining $8,000 will be received next year

Therefore, the amount of gain that will be recognised by Zeke in the Current year can be calculated as follows

Sales price-adjusted basis/sales price

$12,000-$9,000/$12,000

= $3,000/$12,000

= 0.25

Amount received at the time of sale × 0.25

= $4,000×0.25

= $1,000

Hence Zeke will recognise a gain of $1,000 in the Current year.

3 0

3 years ago