Answer:
The public debt as a percentage of GDP in the United States, reached its lowest point in recent decades, in 2001, when it represented 54.9% of GDP.
After that year, this indicator began to increase, at first slowly, and from 2007 on very rapidly, propelled in part by the financial crisis. In 2010, the public debt as percentage of GDP was 89.3%.
Answer:
B
Explanation:
The ultimate economic burden of a tax is best captured by the effective tax rate, which is the average rate at which an individual is taxed on earned income or at which a corporation is taxed on profits before tax.
Answer:
The price of the stock today is $34.13
Explanation:
The price of the stock that grows at two different growth rates can be calculated using the two stage growth model of DDM. The DDM requires to discount back the dividends to calculate the price of the share today.
The price of the stock today is,
P0 = D1 / (1+r) + D2 / (1+r)^2 + ... + Dn / (1+r)^n + [(Dn * (1+g) / (r - g)) / (1+r)^n]
P0 = 1.8 * (1+0.08) / (1+0.11) + 1.8 * (1+0.08)^2 / (1+0.11)^2 +
1.8 * (1+0.08)^3 / (1+0.11)^3 + [ (1.8 * (1+0.08)^3 *(1+0.05) / (0.11-0.05)) / (1+0.11)^3]
P0 = $34.127 rounded off to $34.13
Galoshes increase their labor by 85.8% if there is a decrease in 37.4% in wages using elasticity of labor.
Elasticity of labor is defined as the percentage change in demand for labor to percentage change in demand for labor to percentage change in wage rate.
Elasticity of labor= % demand of labor/% change in wage rate
Let % wage decrease be x
Δ demand for labor =L
i) Galorhes R = ΔL/-Δx = -2.3
ii) Emerson R = ΔL/-ΔX= -3.2
III) Wayne= ΔL/-ΔX= 1.7
iv) Bull stearns = ΔL/-Δx= 4.6
Therefore, emerson,lake and palmer increases the amounts
Hence 2nd option
2) Galorhes R= ΔL--37.3=-2.3
= 37.3× 2.3
= 85.79%
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