Answer:
supply-side economist
Explanation:
In Economics, there are primarily two (2) factors which affect the availability and the price at which goods and services are sold or provided, these are demand and supply.
Supply-side economist can be defined as economists who believes that the ability and willingness of the producers of goods and services to manufacture or produce sets the pace for the economic growth of a country.
This ultimately implies that, increasing the supply of goods and services would cause an economic growth for a country.
Generally, supply-side economist are of the opinion that one of the best way to grow a country's economy is by introducing tax cuts so as to increase the incentive for households to work and invest.
However, these tax cuts might initially cause the budget deficit to rise, supply-side economist are convinced that the consequent economic growth will give rise to an increase in government tax revenue.
Hence, Nancy is best described as a supply-side economist in this scenario.
Answer:
Enterprise 2.0
Explanation:
Osmectes corp. is using enterprise 2.0 - integration software to integrate their employees to help each other. The software will help employees to perform towards achieving a common goal. It is an integration software that can be used for multiple different aspects. In the current scenario, Osmectes has used it to create software, which allows employees to assist each other.
Answer:
Betsy needs to invest $8,000 in bonds and $52,000 in a CD
Explanation:
B = amount invested in bonds
C = amount invested in a CD
step 1:
B + C = 60,000
0.17B + 0.07C = 5,000
step 2:
C = 60,000 - B
step 3:
0.17B + 0.07(60,000 - B) = 5,000
step 4:
0.17B + 4,200 - 0.07B = 5,000
step 5:
0.1B = 800
step 6:
B = 800 / 0.1 = 8,000
C = 60,000 - B = 60,000 - 8,000 = 52,000
Answer:
$3,160
Explanation:
Depreciation is the systematic allocation of the cost of an asset to the income statement over the estimated useful life of that asset.
It is determined as the depreciable value of the asset over the estimated useful life of the asset where the depreciable value is the difference between the cost and salvage value of the asset
.
Given that Williams Company purchased a machine costing $28,300 and is depreciating it over a 10-year estimated useful life with a residual value of $3,300,
Annual depreciation
= ($28,300 - $3,300)/10
= $2,500
At the beginning of the eighth year, a major overhaul on it was completed at a cost of $8,300,
Net book value at the beginning of the eighth year (before overhauling)
= $28,300 - 7($2,500)
= $10,800
Capitalizing the overhaul cost,
Net book value at the beginning of the eighth year (after overhauling)
= $10,800 + $8,300
= $19,100
Given that the total estimated useful life was changed to 12 years with the residual value unchanged,
Depreciation for the eighth year
= ($19,100 - $3,300)/5
= $15,800/5
= $3,160
Answer:
True
Explanation:
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