Answer:
C) $3,090,000.
Explanation:
The married couple can give to each son or daughter $26,000 per year x 2 children x 5 years = $260,000
The married couple can give to each grandson or granddaughter $26,000 per year x 5 grandchildren x 5 years = $650,000
Their total tax free gifts = $260,000 + $650,000 = $910,000, so their estate will reduce to: $4,000,000 - $910,000 = $3,090,000
Answer:
Note: The complete question is attached as picture below
Year Nominal GDP Real GDP
2019 100 100
2020 105 99
a) %change in nominal GDP = [(105 - 100) / 100] * 100 = 5%
%change in real GDP = [(99 - 100) / 100] * 100 = -1%
b) GDP deflator is = [Nominal GDP / Real GDP]. %change in GDP deflator = [(106.06 - 100) / 100] * 100 = 6.06%
c) Inflation calculated from GDP deflator and PCE is different because
- GDP deflator does not includes price increase of imported goods while PCE does.
- PCE measures change in price of goods which are generally consumed by consumers while GDP deflator includes all goods produced in an economy.
In law, a restrictive covenant is the arrangement that generally restricts use of land in order to preserve the value of adjacent land or a neighborhood.
<h3>What is a
restrictive covenant?</h3>
In an agreement, a restrictive covenant is a kind of condition that confers a restriction, limits or prohibition on the actions of someone named in an enforceable agreement.
In conclusion, these covenant in law is such arrangement that restricts a use of land in order to preserve the value of adjacent land or a neighborhood.
Read more about restrictive covenant
<em>brainly.com/question/6336090</em>
Answer:
the demand for currency in the foreign exchange market, and part of the demand for loanable funds.
Explanation:
The point where the demand and supply curves intersect determines the market exchange rate. An increase in the demand for a currency creates a rightward shift of the demand curve, ultimately causing a rise in the exchange rate and increasing the value of the currency demanded.
Exchange rates are determined by factors, such as interest rates, confidence, the current account on balance of payments, economic growth, and relative inflation rates.
Answer: The correct answers are:
-"Statements that show a balance forward and then all activity between two specified dates".
-"Statements that show invoices created between two specified dates and their related payments
".
"Statements that show just open transactions".
This 3 types of customer statements can be generated by QuickBooks Online.