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Anna11 [10]
3 years ago
7

Suppose it is decided that rent control in New York City will be abolished and that market rents will now prevail. Assume that a

ll rental units are identical and so are offered at the same rent. To address the plight of residents who may be unable to pay the market rent, an income supplement will be paid to all low - income households equal to the difference between the old controlled rent and the new market rent. Are tenants better or worse off as a result of these policies?
Business
1 answer:
Mazyrski [523]3 years ago
4 0

Answer:

The answer is "Landlords are clearly worse off as a result of these two policies".

Explanation:

As both a consequence of such two policies, homeowners were become obviously better apart: increased owners' rent residences for increased rentals a month. Throughout fact, people who did never receive their benefit supplement who always used to rent reasonable price residences were becoming much worse.

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Vilka [71]

Answer: $23.57

Explanation:

We are going to use growth dividend discount model to solve the question where Do = Div/r - g

where Po = stock price

Div = Estimated dividend for following period

r = required rae of return

g = growth rate

Po = 3.10/0.15 - 0.0185

= $23.57

7 0
3 years ago
Magda Micale, a public school teacher with adjusted gross income of $10,000, paid the following items in 2018 for which she rece
alisha [4.7K]

Answer:

$80

Explanation:

Magda's miscellaneous itemized deductions include the initiation fee for membership in the teachers' union and the dues to the teachers' union. The voluntary fund contribution is not deductible.

All miscellaneous deductions can be deducted as long as they exceed the 2% of AGI threshold, which in this case = $10,000 x 2% = $200

Total itemized deductions = $100 + $180 = $280 - 2% of AGI ($200) = $80

4 0
4 years ago
precise Machinery is analyzing a proposed project that is expected to sell 1,450 units, +3 percent. The expected variable cost p
ss7ja [257]

Answer: C.$221.86

Explanation:

Contribution Margin is the difference between the sales price and the variable costs.

Best case scenario of Sales would mean it is the higher amount.

Best case scenario of costs would mean the lower amount.

Best case Sales

= 349 * ( 1 + 3%)

= $359.47

Best Case Variable Cost

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= $137.61

Best Case Contribution Margin

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= 359.47 - 137.61

= $221.86

8 0
4 years ago
Question 50 today, steve went into a grocery store where a stranger checked out his purchases and another stranger bagged his gr
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6 0
3 years ago
The valuation of a financial asset is based on the concept of determining the present value of future cash flows that this finan
Alina [70]

Answer:

True.

Explanation:

To assess the value of an asset, it is important to determine if its future cash flows will make it worth for an investor to buy it in the present. The present value (PV) of a financial asset is the <em>value in the present</em> of all future cash flows the asset is expected to generate by using a discount rate.

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3 years ago
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