Answer:
hi, tge answer is C - Number of Unemployed Persons / Labor Force.
Answer:
The right approach will be "$ 1123.2".
Explanation:
The number of miles to be used will be:
= 
= 
Now,
The item deduction will be:
= 
= 
=
($)
If the government raises the excise tax of the product then supply curve tends to shift leftwards. Therefore, The above statement is false.
<h3>What is Supply Curve?</h3>
The supply curve refers to the graphical representation of the supply and the prices of the commodity. It tells how the supply of the commodity affects the prices of the product.
The complete question is attached below.
According to the above situation, when government increases the taxes of the gallon of gasoline then the supply curve will shift leftwards as the supply decreases.
It will lead to the increment in the level of the prices as the demand of the product will fall. Therefore, the above statement is false.
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Answer:
2.5
Explanation:
Relevant Data provided
Marginal propensity to consume = 0.6
The computation of multiplier is shown below:-
Multiplier = 1 ÷ (1 - Marginal propensity to consume)
= 1 ÷ (1 - 0.6)
= 1 ÷ 0.4
= 2.5
Therefore for computing the multiplier we simply applied the above formula with the help of dividing 1 by marginal propensity to consume and after the result we divide the 1 by the result.
Answer:
The correct answer is C.
Explanation:
Giving the following information:
The equipment cost $90,000 and had an expected salvage value of $15,000. The life of the equipment was estimated to be 6 years.
Annual depreciation= (original cost - salvage value)/estimated life (years)
Annual depreciation= (90,000 - 15,000)/6= 12,500
Accumulated depreciation year 2= 12,500*2= 25,000
Book value= 90,000 - 25,000= 65,000