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Sauron [17]
3 years ago
7

If you were trying to decide whether to take out an auto loan for $6500 to buy your first car, thereby allowing you to commute f

or an impressive summer internship program next year, would that loan meet the requirements?
Business
1 answer:
Ksivusya [100]3 years ago
8 0

Answer:

Yes, Loan would meet our requirement to commute for an impressive summer internship program next year

<u>Explanation:</u>

Taking a loan would meet our requirement of buying a car. We will be able to make the downpayment. This will enable us to buy a car. So the decision to take the loan will be valid.

It will help us in commuting easily for the summer internship program. We will immediately get the car after making down payment and will avail of the benefits of using the car. This is a healthy type of debt.

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Which of these is not considered for deduction of federal income tax?
Lina20 [59]

Answer:

A. interest earned from state bonds

Explanation:

Since this is about the federal level tax, and the bonds in the statement are state bonds, they are <u>not taxable at federal level</u>. Everything mentioned in other examples (prizes, awards, commisions...) is taxable, no matter if it goes into earned or non-earned income.

However, these bonds can be taxable at state level, but that is irrelevant for this question.

7 0
4 years ago
After their marriage, patrick and mary anne agreed to participate in a research project that investigated differences in the lev
DIA [1.3K]

I guess the correct answer is Longitudinal study

After their marriage, Patrick and Mary Anne agreed to participate in a research project that investigated differences in the level of marital satisfaction over time. Every five years they had to complete a survey that indicated their marital satisfaction. Patrick and Mary Anne are participants in a Longitudinal study.

4 0
3 years ago
Contestable markets true or false: if a firm is operating in a contestable market, it should operate at the efficient production
jok3333 [9.3K]

The first statement is false. A firm earning a zero profit is an action called predatory pricing, which there can be a temporary loss because of a super low price and when a new firm enters the market the new firm won’t be able to compete with a very low price forcing the new firm out of the market. This action can be a barrier of entry making the market less contestable. A firm in a contestable market should operate at efficient level of production and earn a minimal profit close to equilibrium.

<span>It is true that a contestable market model has important policy implications for example to increase competition policy maker can decrease regulation so that new firm can easily enter the market. Policy makers can also force firms to allow other firms to use their networks encouraging new firms to enter the market and lessening the monopoly power of restricting supplies. Policy makers can also set up its own new firm and distribute its resources to small new firms to increase competition.</span>
3 0
4 years ago
How much must be deposited today into the following account in order to have 35000
almond37 [142]

Answer:

$21,691.43

Explanation:

We are to determine the present value of 35,000

the formula for determining present value is :

PV = FV (1 + r)^-nm

FV = Future value  

P = Present value  

R = interest rate = 8%/ 12  

N = number of years

m = number of compounding = 12

35,000( 1 + 0.00667)^-72 = $21,691.43

8 0
4 years ago
A study published in the Journal of the American Medical Association showed that postal workers who tested positive for drug use
lorasvet [3.4K]

Answer:

fired, injured, disciplined, or absent than those who tested negative.

Explanation:

The study showed that more than 50% of those that tested positive for drug use are fired, injured, disciplined, or absent than people who tested negative.

This indicates that there is a positive correlation between being positive and the observed occurrences. These can be attributed to the individuals that were tested, drug use brings out characteristics that lead to being fired, injured, disciplined, or absent.

It could also be that employers are victimising those that test positive for drug use.

5 0
4 years ago
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