Answer:
the first year depreciation using MACRS depreciation is $28,580
Explanation:
The computation of the first year depreciation using MACRS depreciation is given below:
Here the depreciation rate is 14.29% for the first year
And, the cost of the wood chipper is $204,000
So, the first year depreciation expense is
= $204,000 × 14.29%
= $28,580
Hence the first year depreciation using MACRS depreciation is $28,580
1. FORGIVENESS - Cheryl received a student loan to pursue a degree to become a dental assistant. But unfortunately her school closed down due to legal complications. As Cheryl couldn't complete the course due to no fault of her own, Cheryl need not pay back the loan.
2. DEFAULT - Tom got a student loan to pursue a nursing science degree. But he couldn't manage his money well enough, due to which he was unable to pay back his loan.
3. WORK-STUDY - Sam is pursing an undergraduate program in Economics. He works as an assistant to the financial aid officer, which helps him earn $4000 annually. This helps him pay a few educational expenses.
Answer:
Economist A
Government spending multiplier $4billion
Tax multiplier $8billion
Economist B
Government spending multiplier $8billion
Tax multiplier $2billion
Explanation:
Computation for the amount the government would have to increase spending to close the output gap according to each economist's belief
ECONOMIST A
Government spending multiplier=16/4
Government spending multiplier=$4billion
Tax multiplier=16/2
Tax multiplier=$8billion
ECONOMIST B
Government spending multiplier=16/2
Government spending multiplier=$8billion
Tax multiplier=16/8
Tax multiplier=$2billion
Therefore the amount the government would have to increase spending to close the output gap according to each economist's belief are :
ECONOMIST A
Government spending multiplier=$4billion
Tax multiplier=$8billion
ECONOMIST B
Government spending multiplier=$8billion
Tax multiplier=$2billion
I agree with you that if you planed to have a small bussines it is always a good idea to work for them for 3 years before you invent it by yourself firdt
Factors that influence the supply of the product:
1)Price
2)Technology
Price is a direct relationship between the price of the product and its supply. There is a variation between the two if one way or another will increase in the present or in the future. If the fall of the price in the future there is an increase of supply in the market.
Technology is one of the determinant of supply. A better and innovative advanced technology would increase the production of the product. Example: communication gadget which is more high technology, effective and convenient. There is a greater extent of the increase of supply gadgets in the market.