Answer:
A. PLUS (Parent Loan for Undergraduate Students) loans are for parents to borrow to help pay for a dependent's undergraduate education expenses, and are based on financial need.
Explanation:
Which one of the following statements is wrong?
PLUS (Parent Loan for Undergraduate Students) loans are for parents to borrow to help pay for a dependent's undergraduate education expenses, and are based on financial need.
- it should be attending post secondry schools
Answer:
The value of Leisure time is not included in GDP.
Explanation:
Gross domestic product or GDP includes the value of final goods and services produced in an economy in a year. It does not include the value of intermediate goods to prevent double counting. It also does not include the value of second-hand goods.
The value of pollution, crime, leisure, etc. are also not included as they are difficult to express in monetary terms.
Answer:
New expected operatimg income is $ 45,000
Explanation:
Degree of Operating leverage =<u> %change in operating income</u>
% change in sales
2.5 =<u> % change in operating income</u>
20%
2.5 × 0.2 = % change in operating income
0.5 or 50% = % change in operating income
50% =<u> x-30,000</u>
30,000
0.5× 30,000 = x- 30,000
15,000 + 30,000 = x
$45000 = x
