Answer:
If you are keeping aside a large amount of money to purchase a house over a period of five years
Explanation:
Savings BOND would be the best investment to earn interest in a situation where a person or an individual decide to keep aside a large
amount of money or huge sum of money to purchase a house over a period of five years in order to earn interest which mean that the maturing date for keeping the money will be in the next five years in which the person who issued out the bond which is known as the issuer will have to pay back the investor the interest amount generated for saving the large amount of money.
Answer:
B. $36 billion
Explanation:
Since we were asked to calculate Wages. We can't use the Expenditure method of GDP. Method to be used would be the Income approach. In doing so, the values of export and import would be excluded. Therefore,
Given that
GDP = 65 billion
Profits = 7 billion
Rent = 7 billion
Interest payments = 15 billion
Recall that,
GDP = sum of income earned (profits, wages, rents, interests)
Thus,
Wages = GDP - Profits + rents + interests
= 65 - (15 + 7 + 7)
= 65 - 29
= 36 billion
Hence, wages during 2011 was $36 BILLION.
Note: Parameters used are based on the information in the question. It is important to note that income earned when using income approach could be more than the 4 stated parameters of wages, rent, profits and interests.
Answer: Plainly put, extreme income inequality, such as the kind found in Sub-Saharan Africa and South Asia, cause economic inefficiency. The relatively wealthy tend to save a much higher proportion of their income than the poor. In order to grow economically, a society must have robust rates of consumption. However, if most of the wealth of a country is owned by a very small percentage of its population, that wealth is saved, not spent. These savings are then invested by individuals and financial institutions.
Explanation:
Answer:
The Question has been offered as to pick the least of the terms less expensive than lifetime alternative, so it is smarter to continue with the choices given in the Question.
For 14 years:
Year Cash Flow PVF = 7.6% Cash Flow
0 $800 1 $800
1 - 13 $800 8.0807 $6464.56
<u>Total $7264.56
</u>
For 13 years
:
Year Cash Flow PVF = 7.6% Cash Flow
0 $800 1 $800
1 - 12 $800 7.6948 $6155.83
<u>Total $6955.835
</u>
<u>
</u>For 19 years
Year Cash Flow PVF = 7.6% Cash Flow
0 $800 1 $800
1 - 18 $800 9.6377 $7710.16
<u>Total $8510.16
</u>
<u>
</u>
For the long time alternative it is realize that not doable choice to go with 19 years so obviously past 19 years likewise not possible so for a long time not comprehended.
from the over the least is accessible in 13 years so lloyd needs to go for a long time.
