Answer:
a) The after-tax cost if Isabel pays the $34,000 bill in December is equal to $24,000.
b) The after-tax cost if Isabel pays the $34,000 bill in January is equal to $21,523.
Explanation:
Note: See the attached excel file for how the answers are calculated and note the alphabets A to I for how is cell is calculated.
Answer:
Answer is explained below.
Explanation:
a. Standard deduction = $1,700 . That is the greater of the minimum standard deduction $1,050 or $350 plus her earned income $1,400.
b. Standard deduction = $2,840. That is the greater of the minimum standard deduction $1,050 or $350 plus her earned income $2,490.
c. Standard deduction = $12,000. That is $350 plus her earned income $19,415 but limited to the maximum standard deduction for a single for 2018 ($12,000).
In a macroeconomic sense, transportation activities form a portion of a nation’s total economic product and play a role in building or strengthening a national or regional economy and as an influence in the development of land and other resources. In a microeconomic sense, transportation involves relations between firms and individual consumers. The demand for and supply of transportation for both passengers and freight, transportation pricing, and the reasons why the transportation system is both regulated and deregulated are among its concerns
Answer:
Option (D) is correct.
Explanation:
When there is a falls in the real gross domestic product then as a result the aggregate demand by the consumers decreases, so this will reduce the demand for money because there is a reduction in the overall demand for the products.
Hence, interest rate in this economy must fall to increase the money demand in the economy.
Therefore, we can conclude that as the real GDP falls, then there will be a fall in the money demand and as a result of lower demand for money, interest rate also falls.
