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3 years ago

6

There are hundreds of colleges that serve millions of students each year. the colleges vary by location, size, and educational q

uality, which enables students with diverse preferences to find schools that match their needs.

1 answer:

Tems11 [23]3 years ago

8 0

Not Competitive b/c not a standardized product.

The differing location, size, and quality makes each college not standardized.

Hope this helps!

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A country is in the midst of a recession with real GDP estimated to be $4.5 billion below potential GDP. The government's policy

VARVARA [1.3K]

Answer:

a. The government needs to increase spending by $0.45 billion and decrease taxes by $0.5 billion.

b. The real GDP will fall short of potential GDP by $3.6 billion.

c. The real GDP will fall short of potential GDP by $4 billion.

d. If government overestimates MPC change in spending or taxes will be too small.

Explanation:

The GDP gap is $4.5 billion.

a. The marginal propensity to consume is 0.90.

Government spending multiplier

= $\frac{1}{1-MPC}$

= $\frac{1}{1-0.9}$

= 10

The government needs to increase spending by

= $\frac{GDP\ Gap}{Government\ spending\ multiplier}$

= $\frac{4.5}{10}$

= $0.45 billion

Tax multiplier

= $\frac{-MPC}{1-MPC}$

= $\frac{-0.9}{1-0.9}$

= -9

The government needs to decrease taxes

= $\frac{GDP\ Gap}{Tax\ multiplier}$

= $\frac{4.5}{9}$

= $0.5 billion

b. The marginal propensity to consume is 0.50.

Government spending multiplier

= $\frac{1}{1-MPC}$

= $\frac{1}{1-0.5}$

= 2

If the government increases spending by $0.45 billion,

The real GDP will increase by

= $Increase\ in\ spending\ \times\ Spending\ multiplier$

= $\$ 0.45\ \times\ 2$

= $0.9 billion

The real GDP will fall short of potential GDP by

= $4.5 billion - $0.9 billion

= $3.6 billion

c. Tax multiplier

= $\frac{-MPC}{1-MPC}$

= $\frac{-0.5}{1-0.5}$

= -1

If the government decreases taxes by $0.5 billion

The real GDP will increase by

= $$0.5\ billion\ \times 1$

= $0.5 billion

The real GDP will fall short of potential GDP by

= $4.5 billion - $0.5 billion

= $4 billion

d. If the government overestimates the value of the MPC, then its change in spending or taxes will be too small and real GDP will fall short of potential GDP.

4 0

3 years ago

Troy, a cash basis taxpayer, is employed by Eagle Corporation, also a cash basis taxpayer. Troy is a full-time employee of the c

dlinn [17]

Answer and Explanation:

The tax consequences for the following events -

a. The organization should record the amount of $10,000 in the year 2018 as they followed the cash basis and the cheque should be equal to the cash also troy could not able to record the bonus till it is actually collected

b. As per the accrual basis, the income should be recorded when they are earned not when they are received so the corporation should record the income in the year 2018 as the agent performed the service

c. Since the restrictions that are imposed on cheque for payment purpose should be treated as the substantial and the cheque should not be equivalent to the cash because the customer told that check should be held till Jan 2019 so the income should not be recorded in 2018

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2 years ago

Assume a project will increase inventory by $61,000, accounts payable by $28,000, and accounts receivable by $36,000. what is th

masha68 [24]

The initial net working capital requirement for this project exists $69,000.

<h3>What is meant by net working capital?</h3>

The difference between a company's current assets such as cash, accounts receivable/unpaid invoices from customers, and inventories of raw materials and completed goods and its current liabilities such as debts and accounts payable is known as working capital, sometimes known as net working capital (NWC).

The difference between a company's current assets and current liabilities is known as net working capital. A company's balance sheet is used to calculate net working capital. The more net working capital you have, the more probable it is that your business will be able to pay its present commitments.

net working capital requirement = $61,000 − 28,000 + 36,000

net working capital requirement = $69,000

The initial net working capital requirement for this project exists $69,000.

To learn more about net working capital refer to:

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1 year ago

James is a sales agent who is sponsored by best realty, and he is a member of the a-1 team. what must be done to ensure that jam

gavmur [86]

His broker must register the team name that complies with the new regulations with TREC before he may use it in advertising.

<h3>What is a team name?</h3>

The term "team name" refers to a name that is employed by one or more license holders that are sponsored by or connected to the same broker but are not the broker's actual name or an assumed business name.

Team or group must be at the end of team names.
Terms in team names that suggest the club is providing brokerage services independently of the broker are prohibited.
Brokerage, corporation, and associates are a some of the forbidden words.
As long as the team name ends with the words team or group, the phrases realty or real estate are permissible in the team name.

<h3>What is TREC?</h3>

The governmental entity in charge of overseeing real estate practices in the state of Texas is called the Texas Real Estate Commission.
The organization's main office is located in Austin at 1700 North Congress.
TREC is made up of nine people who the governor appoints with the support of the Texas Senate.

Learn more about TREC here:

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3 0

1 year ago

Globe Travel Agency sells Spring Break trips to University of Houston undergraduate students. The fixed cost of Globe is $100,00

Usimov [2.4K]

Answer:

the breakeven quantity at current price is 500 units

Explanation:

The computation of the breakeven quantity at current price is shown below:

Breakeven point = Fixed cost ÷ (Price per unit - variable cost per unit)

= $100,000 ÷ ($600 - $400)

= 500 units

Hence, the breakeven quantity at current price is 500 units

We simply used the above formula so that the correct units could arrive

5 0

2 years ago