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AveGali [126]
4 years ago
12

What are the 5 largest state and local expenses? list them in older highest to lowest

Business
1 answer:
vodka [1.7K]4 years ago
3 0
Elementary and secondary education (22%), public welfare (21%), higher education (10%), health and hospitals (9%), police and corrections (6%), highways and roads (6%)
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In the United States, if the price of imported oil rises so that the prices of gasoline and heating oil rise, then the a. consum
Jet001 [13]

Answer: a. consumer price index rises much more than does the GDP deflator.

Explanation:

The Consumer Price Index is a measure of inflation. It shows the change in the prices of a basket of goods over a period of time. If the prices of gasoline and heating oil rise, this basket will be affected and so Consumer Price Index (CPI) will increase.

GDP deflator on the other hand, adjusts the nominal GDP to a Real GDP measure. Not everything will increase in price in the country as a result of oil going up so GDP will not change by much which would limit the increase in the GDP deflator.

The CPI will therefore rise more than the GDP deflator.

8 0
3 years ago
6. If the price elasticity of supply is 1.2, and a price increase led to a 5% increase in quantity supplied, then the price incr
PolarNik [594]

Answer:

Price increase is about 4.2%

Explanation:

Price Elasticity of Supply (PES) is a measure of the responsiveness of the quantity of a particular good/service supplied to a change in price.

The price elasticity of supply is mathematically the ratio of the percentage change in quantity supplied to the percentage change in price.

PES = \frac{\%\ change\ in\ quantity}{\%\ change\ in\ price} \\where\\PES= 1.2\\\% change\ in\ quantity = 5\%\\\%\ change\ in\ price = ???\\\therefore 1.2 = \frac{5}{\%\ change\ in\ price}\\ \%\ change\ in\ price = \frac{5}{1.2} \\\%\ change\ in\ price = 4.16\%

5 0
3 years ago
Google Ads was constructed around three core principles, focused on helping businesses reach their online potential. The first o
arlik [135]

Explanation:

<u>Relevance, control and results</u> are the three basic principles of Google Ads.

  1. Relevance: Helps the user connect with the right people, at the right time and with the right message.
  2. Control: The user has full control over how much they want to spend on ads, which increases control over their budget. And google Ads displays ads according to the settings set by the user.
  3. Results: Results are most likely to be viewed by using the performance tools provided by Google ads. The user only pays for the results achieved.
7 0
3 years ago
Colleen’s employer gives her options on 900 shares of company stock. The stock price on the day of the award was $54, and the cl
frosja888 [35]

Answer:

The multiple choices are as follows:

a. 4,800

b. 6,000

c. 5,400

d. 54,000

Option D,$54,000 is correct

Explanation:

The worth of the award at end of any year is the number of shares given under the award multiplied by the closing price of the share at end of that year.

In other words,the value to Collen of this award of 900 shares from Collen's employer is $54,000 (900*$60)

The correct option is D,$54,000.

The other options are obviously wrong because multiplying any closing price by 900 shares would give something close to $54,000,not $4800 or $6,000 or even $5400

5 0
3 years ago
The Cheyenne Hotel in Big Sky, Montana, has accumulated records of the total electrical costs of the hotel and the number of occ
fgiga [73]

Answer and Explanation:

The computation of the fixed cost and the variable cost of electricity per occupancy-day by using high low method is shown below:

The Variable cost of electricity per occupancy-day = (High electrical  cost - low electrical cost) ÷ (High month occupancy days - low month occupancy days)

= ($11,575 - $2,450) ÷ (4,350 - 700)

= $9,125 ÷ 3,650

= $2.50 per occupancy days

Now the fixed cost equal to

= High electrical cost - (High month occupancy days × Variable cost per occupancy days)

= $11,575 - (4,350  × $2.50)

= $11,575 - $10,875

= $700

The other factors other than the occupancy days affect the variation in electrical costs from month to month is the number of days present in a month as it remains fixed with respect to the occupancy , seasonal factors like winter or summer as in the summer the electrical cost is high as compared in the winter season , and the Systematic factors like guests, switching off fans and light  depend on their wish or as per usage.

7 0
4 years ago
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