Answer:
The correct answer is option C.
Explanation:
A reduction in spending is going to reduce the income of the consumers in the economy. The consumers do not spend all their income but save it partially. The saving is used to create funds which are invested again and lead to increase in output. The rate of consumption depends on the marginal propensity to consume and marginal propensity to save. The marginal propensity to save is 1-MPC. Smaller MPS will cause saving to be less, consequently investment will also be lower.
So, a reduction in the government spending will be more effective in curbing demand-pull inflation if the marginal propensity to consume is higher and marginal propensity to save is smaller.
Answer:
$2,466,000
Explanation:
Given that,
Cash Received = $1,600,000
Mortgage assume by purchaser = $950,000
Broker's commission = $75,000
points paid by seller = $9,000
Peyton's amount realized:
= Cash Received + Mortgage assume by purchaser - broker's commission - points paid by seller
= $1,600,000 + $950,000 - $75,000 - $9,000
= $2,466,000
Therefore, the amount realized by Peyton is $2,466,000.
In the Cleveland custom cabinets case, the owner of the company thought it was all right to manipulate the financial statement numbers primarily because he was the sole owner of the company and controlled the board of directors.
But, the sole owner is for my part answerable for all debts incurred by using the enterprise." Examples of sole owners encompass small corporations which include, a local grocery keep, local garments save, an artist, a freelance author, an IT representative, a freelance photo designer, etc.
A sole owner—additionally called a sole trader or a proprietorship—is an unincorporated business that has simply one proprietor who will pay private earnings tax on profits earned from the commercial enterprise.
Sole ownership manner distinct possession. it is a possession so entire that no other man or woman has any interest in the assets. someone's ownership is "sole" while no person apart from the character has any interest inside the belongings as owner.
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The level of each variable measured is (1) the type of credit card is Nominal variable or a categorical variable which comes under multiple categories.(2) the amount (in dollars) of each purchase is ration variable it can have both discrete it starts at a fixed zero point.
Explanation:
- There are four levels of measurement, while analyzing data of columns.
- Nominal,Ordinal, Interval and ratio.
- Nominal each row of that particular column has specific identification.
- Nominal can have classification race,gender,ethnicity.
- Ordinal data is based on the ranking system, order or list.
- Numbers are still used arbitrary.
- Interval distance between the numbers Celsius,Fahrenheit and kelvin.
- Ratio data has an absolute zero point non-arbitrary, It is measuring .
- Blood pressure is a common example of ratio data.
