The percentage of the disposable income that is discretionary is equal to 30.82% if the amount left after fixed expenses is $900.
As the amount left after payment of the fixed expenses is $900, this is said to be the discretionary income because discretionary income is equal to the disposable income minus fixed expenses.
Now we can calculate the percentage of disposable income that is discretionary as follows;
percentage of disposable income that is discretionary = (discretionary income ÷ disposable income) × 100
% discretionary income = (900 ÷ 2,920) × 100
% discretionary income = 90,000 ÷ 2,920
% discretionary income = 30.82%
Hence, 30.82% of the disposable income is calculated to be discretionary if the disposable income is $2,920 and the amount left after payment of fixed expenses is $900.
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The answer is C. Increased demand
Answer:
$759,000
Explanation:
Preparation of a schedule showing the amount at which the ovens should be recorded in Great Harvest’s Equipment account.
Purchase price 690,000
Add Freight costs 30,000
Add Electrical connection 4,000
Add Labor costs 32,800
Add Bread dough used in testing the oven 800
Add Safety Guards 1,400
Total cost of equipment $759,000
Therefore the amount at which the ovens should be recorded in Great Harvest’s Equipment account will be $759,000
Answer:
<em>Monetary policy</em> consists of management of money supply and interest rates, aimed at achieving macroeconomic objectives such as controlling inflation, consumption, growth, and liquidity.
Answer:
The correct answer is option D.
Explanation:
NDP or net domestic product is calculated by deducting depreciation from GDP or gross domestic product.
Gross domestic product is the measure of final goods and services produced in an economy in a given time period, generally a year.
Gross domestic product will be the sum of consumption, investment, government expenditure and net exports.
NDP
=GDP-Depreciation
=$(16-1)
=$15 trillion
So, NDP is $15 trillion.
