Answer: Decrease your take-home pay and decrease your federal income taxes in the current year. A 401k allows you to deduct earnings from your current income, and put that money in an account that cannot be opened until around retirement. The money put into a 401k, and the returns earned on that money through interest or investments, is not taxed as income until you take it out after retirement. This means that, when you put some of your earnings in a 401k, your take-home pay is lower for that year (you can't spend that money) and your income tax is reduced.
Answer:
The value of GDP is 75
Explanation:
GDP is equal to Consumption + Investment + Government Spending + Net Exports (Exports minus Imports), where total Investment is equal to Fixed Investment plus the Change in Inventories.
The change in GDP will therefore equal the change in Consumption + the change in Investment + the change in Government Spending + the change in Net Exports, where the change in Investment will equal the change in Fixed Investment plus the change in the Change in Inventories.
= Government purchases of goods and services (10) + Consumption Expenditures (70
)+ Exports (5
) - Imports (12) + Change in Inventories (-7
) + Construction of new homes and apartments (15
) - Sales of existing homes and apartments (22
) + Government payments to retirees (17
) + Business Fixed Investment (9)
= 75
Answer:
$0.16
Explanation:
Particulars Quantity Price Amount
Cocoa 400 $1.25 $500
Sugar 80 $0.40 $32
Milk 120 $2.50 <u>$300</u>
Total <u>$832</u>
Standard direct materials cost per bar = Total amount / Number of bar
Standard direct materials cost per bar = $832 / 5,200 bars
Standard direct materials cost per bar = $0.16
Answer:
C) The triple bottom line focuses on three items: net income, net assets, and return on investment.
Explanation:
The triple bottom line (TBL) focuses on three main items:
- commitment to social responsibility: the corporation must be socially accountable to its shareholders, the general public and to itself.
- commitment to environmental sustainability: fulfill the corporation's current needs without compromising the ability of future generations to fulfill their own needs.
- commitment to financial growth: in other words making the largest possible profits without disregarding the previous two commitments.
Answer:
Lowers
Explanation:
Required reserve ratio refers to the portion of deposits with banks that will be kept with central banks. If there is an increase in the required reserve ratio then the banks have to keep more amount of deposits with the central bank which reduces the bank's ability to give loans and create money.
Because with an increase in the reserve ratio, the less amount of deposits available with the banks for giving loans.
