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3 years ago

Perhaps the most successful government agency during this time was the food administration run by

1 answer:

3 0

The most successful government agency during that particular time was the food administration which was run by Herbert Hoover. Hoover was an engineer, businessman and politician who was elected the 31st president of the US. He served from 1929-1933 during the Great depression. During WWI, the US enacted the Food Administration as an agency that would be responsible for giving out food to the US military that was serving overseas as well as to the allies. One of the most important things it was to do was to stabilize the price of wheat in the US market.

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The greater the value of the marginal propensity to consume A. the greater the value of autonomous consumption. B. the greater t

just olya [345]

Answer:

C. the greater the value of the multiplier

Explanation:

As we know that

The formula to compute the Government spending multiplier is shown below:

Government spending multiplier = 1 ÷ (1 - marginal propensity to consume)

where,

Marginal propensity to consume refers to the change in consumption with regard to the change in income

So if the value of the marginal propensity to consume is higher than there would also increase in the value of the multiplier and in the same proportion it would be greater

4 0

3 years ago

Read 2 more answers

Art B.Traytor, a member of the American Arbitration Association and long-standing faculty member of the business school of a lar

valentina_108 [34]

The answer would be

6 0

3 years ago

Lenny's Landing has a net Section 1231 gain in the current year of $12,000. In the previous five years, there are $3,000 in unre

Ratling [72]

Answer:

As the $3,000 is unrecaptured losses, it will be carried forward to this year and would be set off against the current year's capital gains.

Explanation:

The previous year unrecaptured loss of $3000 will carried forward and would be set off against the capital gains of $12,000. The gain for the year can be calculated as under:

Capital Gain for the year = Gain Before unrecaptured losses - Carried Forward Losses

By putting values, we have:

Capital Gain for the year = $12,000 - $3,000 = $9,000

The resultant $9,000 would be the capital gain for the year.

7 0

3 years ago

Your neighbor Bob has two annuities. The first annuity will pay him $10,000 per month for the next 10 years. The second annuity

german

Answer:

$1,643,344.308

Explanation:

These are Ordinary annuities because if it is not mentioned that the payments are made at the beginning of the year which is the case for Annuity Due.

You can use a financial calculator to find the Present value of these two ordinary annuities.

PV of Annuity 1 from (yr1-yr10)

Recurring payment; PMT = 10,000

Total duration ; N = 10 *12 = 120 months

Monthly interest rate in this case ; I/Y = 6%/12 = 0.50%

Future value ; FV = 0 (use 0 if annuity variable is not given )

then CPT PV= $900,734.533

PV of Annuity 1 from (yr11-yr20)

This will happen in 2 steps sice it is a forward-starting annuity;

Recurring payment; PMT = 15,000

Total duration ; N = 10 *12 = 120 months

Monthly interest rate in this case ; I/Y = 6%/12 = 0.50%

Future value ; FV = 0 (use 0 if annuity variable is not given )

then CPT PV( at t=10)= $1,351,101.80

Next find the PV of $1,351,101.80 at t=0;

$1,351,101.80 /(1.005^120) = $742,609.7754

Next, find the sum of these two PVs to find the answer;

=$900,734.533 + $742,609.7754

PV = $1,643,344.308

6 0

3 years ago

Darren is eligible to contribute to a traditional 401(k) in 2019. He forgot to contribute before year-end. If he contributes bef

Irina18 [472]

Answer:

True

Explanation:

Base on the scenario been described in the question which, Darren was eligible to assist to a traditional of 401,000 in 2019, but we were told he forgot and later he paid in 15, June 2020, he is look as though he paid in 2019 because and it is true.

The reason why the answer is true is that Darren is that the time he paid the money in July 15, 2020, it was still within the time he allowed to still pay for the year 2019, that's why he considered as though he paid in 2019.

5 0

3 years ago