Answer:
Julie’s can deduct $2,000 in 2020
Explanation:
In 2020 rents for only two months November 2020 and December 2020 are accrued
First calculate the monthly rent
Monthly rent = Rent paid / Month for which rent paid = $24,000 / 24 months = $1,000 per months
Now calculate the rent deduction to be made by Julie in 2020
Rent deduction 2020 = Numbers of months accrued in 2020 x Monthly rent = 2 months x $1,000 per month = $2,000
Answer:
Option (B) is correct.
Explanation:
A recessionary gap is a situation in which the equilibrium level of real GDP is less than the full employment level. In this condition, the aggregate demand is lower and there is a shortage of aggregate demand. This shortage of aggregate demand will be corrected if there is an increase in the government spending or decrease in the taxes. This would increase the aggregate demand in the economy, and therefore, increase the real GDP and achieve the full employment level.
An inflationary gap occurs when the equilibrium level of real GDP is greater than the full employment level. There is a higher level of aggregate demand in the economy, so there is a need to lower down the government spending or to raise taxes in order to reduce the aggregate demand. This lower level of aggregate demand reduces the real GDP and achieve the full employment level.
<span>Most billing cycles are processed by a company at the same time each month. The reason for the increased bill was the customer began the service after the last monthly bills were sent out, so by the time the next monthly bills were sent out, the customer had incurred half of one month and the full next month; hence the increase in the monthly bill.</span>
The credit spread, the difference between the interest rate on baa corporate bonds and u. s. treasury bonds. rose sharply during the great depression.
The yield difference between a U.S. Treasury bond and another debt security with the same maturity but a different credit rating is known as a credit spread. spreads on credit between the U.S.
A credit spread is another name for an options strategy in which, on the same underlying security, a high premium option is written and a low premium option is purchased. As a result, the account of the individual performing the two trades receives credit.
Without the banks, which supported the 1920s credit boom, the uncontrolled speculation that caused the 1929 crash and the Great Depression that followed could not have occurred. To sustain continuous production increase, new enterprises that produce things like autos, radios, and refrigerators borrowed money.
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C. Because a social voice is very important