Answer:
Explanation:
The four steps in the data processing cycle are the following input, processing, output and storage. The information is first entered into system where it is then processed by the system. Once the information is processed and understood by the system it is then saved in a database. From the database it is then grabbed by the system and sent as an output to where it is needed. This is all illustrated in the drawing attached below.
Answer:
The by $10 billion would government spending have to rise to shift the aggregate demand curve rightward by $40 billion.
Explanation:
a) Spending multiplier = 1/(1 - MPC)
= 1/(1 - 0.8)
= 5
The required shift in spending = change in GDP/spending multiplier
= $40 billion/5
= $8 billion
Therefore, The by $10 billion would government spending have to rise to shift the aggregate demand curve rightward by $40 billion.
Answer:
5.6%
Explanation:
A lot of information is missing, so I looked for similar questions to fill in the blanks:
"Outstanding debt of Home Depot trades with a yield to maturity of 8%.
The tax rate of Home Depot is 30%.
What is the effective cost of debt of Home Depot?"
the effective cost of debt or after tax cost of debt = debt's yield to maturity x (1 - tax rate) = 8% x (1 - 30%) = 8% x 0.7 = 5.6%
Interest is tax deductible, therefore, it creates a tax shield that lowers net interest expense.
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