Answer:
Slower economic growth
Explanation:
Increasing tax rates can generally and obviously discourage
work because corporations will pay more,
savings, because people earn lesser disposable income,
investment, because firms have lesser profit by paying bigger taxes,
Although specific tax adjustments for certain income categories can assist with the reallocation of economic resources.
But in the long-run economic growth will be slowed down by tax cuts because it will increase deficits by lesser funds being generated for the government over time
Answer: $0.79.
Explanation:
Given that,
Tendered bill = $5
Bill charged = $4.21
Therefore,
The change due is calculated by subtracting bill charged from tendered bill.
Change due = Tendered bill - Bill charged
= $5 - $4.21
= $0.79
Hence, change in dollars would be $0.79.
Answer:
Stock value today = $1.21
Explanation:
Current Dividend = D
= $1.13
After 5 years that is D
= $0.50
Since expected growth = 0
Therefore
P
= D
/ Ke = 0.5/18% = $2.77
Its present value will be
= $1.21
Stock value today = $1.21
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