Answer:
$5,000
Explanation:
If these are death benefit funds then it must be noted that tax is not applicable on the lump sum amount of death benefit but the interests paid on the amount left on deposit with the insurer is taxable. In simple terms, if dividends are left on deposit to earn interest then this interest is taxable!
Interest rate= 5%
Amount= $100,000
Tax= 0.05x100,000
Tax= $5,000
Answer:
b. mentor
Explanation:
Based on the information provided within the question it seems that you are acting as a mentor to the junior employees and the president has seen this. A mentor is a person who has vast experience in a field and acts as a guide and role model for those under his command. Which is why the junior employees gravitate towards you, because being the senior manager means you have years of experience and have a lot to teach them.
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<span>Production economy.
This was a period when America was less on exporting raw goods and more into processed goods, which have greater value because of the processes that made it more manageable and usable by the public or other industries.</span>
Answer: b. $8,518.9 billion.
Explanation:
Nominal GDP is calculated with current prices which means that the effects of inflation are present.
Real GDP removes this effect by basing the GDP calculation on the prices of a previous period:
Real GDP = Nominal GDP * 100/ Price level
= 8,800 * 100/ 103.3
= $8,518.877
= $8,518.9 billion
If government purchases increase by $10 billion and the economy's MPC is. 8, the aggregate demand curve will shift <u>rightward by $50 billion at each price level.</u>
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A series of markets where goods and services are exchanged, facilitated by capital, combine to make an economy. These networks exist at a local, national and global level. Economies can take many exclusive forms, focus on various priorities, and feature distinct levels of government intervention.
Financial issues influence our everyday lives. This consists of problems such as tax and inflation, interest rates and wealth, inequality and emerging markets, and energy and the environment. Economic systems can be categorized into four major types: traditional economies, command economies, mixed economies, and market economies.
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