Answer:
The correct answer is a) The economy moves from a boom to a recession
Explanation:
The fiscal policy used by the federal reserve is the use of government spending and tax policies to contract or expand the economy.
If the Federal Reserve of the United States increases the interest rates it carries a contract policy of the economy. It is used to reduce the inflation and the economy moves from a boom to a recession
This is answered using the Rule of 72. This is the easiest way to know how long an investment will take to double, given a fixed annual rate of interest
The rule of 72 is the period to double multiplied by the interest rate equal 72.
So to do this: Just divide 72 and 6. 72/6 = 12% would be the rate of return
Answer:
B, $7,500
Explanation:
Deductible tax or tax deduction is the reduction or deduction that reduces an individuals tax liabilties by lowering his/her taxable income.
Deductible tax from charity contributions is up to 50% of the contributed amount for income tax purposes.
In the case of Terrence's contribution in the question, there is a clause that says to ignore income limitations.
We therfore take 50% of $15,000 which gives us $7,500 as the amount that is deductible from the contribution.
i.e; (50÷100) × $15.000
Cheers.
Answer:
Homeowners insurance, assuming Laura owns the house.
Explanation:
Homeowners insurance most often is what covers personal injury and liability claims if someone is injured in your house.
Just as a side note, if Laura is renting the home the landlord would need the homeowners insurance, not Laura.
Answer:
<h3>option D is correct.....</h3>
