Answer:
a) $34 billion.
Explanation:
Total Expenditure=Y=C+I+G+NX
= 20+2+7+5
= 34
Answer:
c. inferior good.
Explanation:
Inferior goods are items purchased buy a consumer as a result of his limited income such that when that consumer's purchasing power increases, he purchases other commodities in place of the one initially purchased.
Hence the purchase more T-bone steak and less hamburger is an indication that hamburger is an inferior good to the consumer.
Answer:
Explanation:
Ursula needs $19,000 or in other words FV (Future value)
She has savings of $2000 and trade in of $800 or in other words she has $2800. She needs to borrow $16200 (19000-2800)
Also, she wants monthly payment to be $282. To find which answer fits best, let's check each of them.
A) APR =78% or mothly rate of 78/12 = 6.5%; 48 months
Using financial calculator:
Rate = 6.5%
n = 48
PV = $16200
Find PMT? PMT = 11068
This is not the right answer
B) APR = 78%, monthly rate=6.5%
n = 60
PV = $16200
Find PMT? PMT = 1077.6
This is not the right answer
C) APR = 7.8%; monthly 0.65%
n =72
PV = $16200
Find PMT? PMT = 282.4
This is the correct option
Answer is - C
A likely reason that a company would move its facility from one location to another is that they would like to access various modes of transportation, such as boats and/or railroad.
Answer:
ROI = Net operating income x 100
Average operating assets
ROI = $1,924,320 x 100
$6,000,000
ROI = 32.1%
The correct answer is C
Explanation:
ROI is the ratio of net operating income to average operating assets multiplied by 100.
