Answer:
1,120,000 dollars
Explanation:
The pension income is 80% out of current salary of 70,000 dollars, therefore 56,000 dollars. For this to be future retirement stream savings must be at a level of 1,120,000 dollars or 56,000/0,05. This strategy would assume 5% return on savings or investments and the lifestyle in retirement equal to pre-retirement period. This strategy would also assume no additional post-retirement income.
Answer:
Higher unemployment, lower wage share of output, and higher Gini coefficient in the long run.
Explanation:
Since less labor will be used, total unemployment will increase. Besides less labor being used, more capital will be used, so the share of labor in total output will decrease. Labor efficiency increases, since you need less labor to produce the same or even a larger amount of output.
New technologies tend to increase the wages of high skilled labor and management. Since the Gini coefficient measures income inequality, then higher wages for a few will increase inequality.
This is an example of what is happening in the US, where highly trained labor is getting paid better every time while unskilled labor is getting paid the same as many years ago or their wage has even decreased with time. This shows how important a college education is, and the difference will only keep increasing.
Answer:
Cash $60,000 (debit)
Investment Income $60,000 (credit)
Explanation:
It is Important to note that the Acquirer (Horicon Corp) is a Corporate.
The Acquisition of 25% of the common stock of Sheboygan Corp constitute an Asset for Horicon Corp since Economic Benefits are expected to be received from the Investment.
The Receipt of Dividends from these shares will constitute Investment Income and the entry is as follows :
Cash $60,000 (debit)
Investment Income $60,000 (credit)
The primary purpose of the program being promoted by this poster was: "to increase the food supply during a farm-labor shortage" (Option D)
<h3>What is the purpose in literature?</h3>
The literary goal is to amuse and provide aesthetic delight. The emphasis of the literary aim is on the words themselves, as well as their conscious and planned arrangement to generate a pleasing or enriching impact. When employing the literary goal, a writer frequently displays a viewpoint.
Literature is a way of documenting, conserving, and conveying information and enjoyment, as well as providing a social, psychological, spiritual, or political function. As an art form, literature can also encompass works in nonfiction genres such as biography, diaries, memoir, correspondence, and essays.
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