Answer:
- an increase in discretionary spending and, if no other changes are made, an increase in the government's deficit
- an increase in the government's debt
Explanation:
A budget deficit occurs when the federal government has more spending than it recites. That is, the government has many debts and can not raise enough money to pay these debts and maintain a good standard of living for citizens. The consequences of large budget deficits cause great damage to the country, especially for people with lower incomes. For this reason, it is necessary that in a deficit situation, the government reduced spending.
This is not the case with the government shown in the question above. Even in a budget deficit situation, the government wants to extend an interstate highway that will cost $ 35 million. The result of this will be:
- an increase in discretionary spending and, if no other changes are made, an increase in the government's deficit
- an increase in the government's debt
Discretionary expenses are those expenses for which the government has some degree of decision.
Answer:
The correct answer is A. Stockbrokers execute trades on the floor of the New York Stock Exchange on behalf of account executives.
Explanation:
The main function of a stockbroker is to provide advice to other people who do not have the necessary experience to carry out operations in the different financial markets. The stockbroker stands out for having extensive knowledge in finance and fulfilling an active and important role in the stock market. You could say that the stockbroker acts as an intermediary, that is, a person who is between the broker and the investor who is interested in buying or selling.
The stockbroker guides and advises its clients in finance so that they can obtain the best possible returns. It is also responsible for managing purchases and other operations performed by its customers. Then it can be said that the work cycle of a broker begins when one of its clients buys an asset, and ends when it sells it and definitively closes the operation.
Answer:
The answer of the following question is $ 25.711
Explanation:
Dividend (D0)= $ 3 per share
D1 = $ 3 * (1 - 0.10) = 2.7 per share
D2 = $ 2.7 * (1 - 0.10) = 2.43 per share
P0 = $ 2 / 0.137 = $ 14.598
Market value of this stock = D1 * PVF 1 + D2 * PVF2 + P0 * PVF2
= 2.7 * 1/(1+0.137) + 2.43 * 1/(1+ 0.137)^2 + 14.598 * 1/(1+ 0.137)^2
= 3.699 + 3.141 + 18.871
= $ 25.711
