Which of the following is NOT a cost typically associated with owning a car?

In a closed economy, aggregate expenditure is

anygoal [31]

Answer:

The correct option is D

Explanation:

Aggregate expenditure is the aggregate of all the expenditures which is undertaken in the economy by the factors during a particular period of time.

When the economy is closed, the aggregate expenditure will be equal to the:

Aggregate Expenditure = Consumption + Investment + Government spending

OR

AE = C + I + G

It determine or evaluate the aggregate amount which households and firms plan to spend on the goods and services at the every level of the income.

4 0

3 years ago

Prepare Garzon Company's journal entries to record the following transactions for the current year. January 1 Purchases 9.5% bon

Andre45 [30]

Answer:

Garzon Company

Journal Entries

January 1 Debit 9.5% Bonds Receivable PBS $45,600

Credit Cash $45,600

To record the purchase of bonds in PBS.

June 30 Debit Cash $2,166

Credit Bonds Interest Revenue $2,166

To record the receipt of first semiannual interest.

December 31 Debit Cash $47,766

Credit 9.5% Bonds Receivable $45,600

Credit Bonds Interest Revenue $2,166

To record the receipt of both principal and second semiannual interest.

January 1 Debit 9% Bonds Receivable PBS $52,000

Credit Cash $52,000

To record the purchase of bonds in PBS.

June 30 Debit Cash $2,340

Credit Bonds Interest Revenue $2,340

To record the receipt of first semiannual interest.

December 31 Debit Cash $54,340

Credit 9% Bonds Receivable $52,000

Credit Bonds Interest Revenue $2,340

To record the receipt of both principal and second semiannual interest.

Explanation:

a) Data and Analysis:

January 1 9.5% Bonds Receivable PBS $45,600 Cash $45,600

June 30 Cash $2,166 Bonds Interest Revenue $2,166

December 31 Cash $47,766 9.5% Bonds Receivable $45,600 Bonds Interest Revenue $2,166

January 1 9% Bonds Receivable PBS $52,000 Cash $52,000

June 30 Cash $2,340 Bonds Interest Revenue $2,340

December 31 Cash $54,340 9% Bonds Receivable $52,000 Bonds Interest Revenue $2,340

3 0

3 years ago

Today, Courtney wants to invest less than $5,000 with the goal of receiving $5,000 back some time in the future. Which one of th

murzikaleks [220]

Answer:

Explanation:

Solve for x: −3|x − 3| = −6 (5 points)

x = 1, x = −1

x = 1, x = 5

x = 0, x = 5

No solutions

6 0

3 years ago

I am reporting Brainlypatrol, bro stop

nlexa [21]

Answer:

Ohhh I see you okay :) You do you man

8 0

3 years ago

Read 2 more answers

Both Bond Sam and Bond Dave have 10 percent coupons, make semiannual payments, and are priced at par value. Bond Sam has three y

Softa [21]

Answer:

The percentage change in the price of Bond Sam is -4.917%

and

The percentage change in the price of Bond Dave is -14.621%

Explanation:

As both bonds are priced at par, hence the existing interest rate is equal to the coupon rate of 10%

Now increase the interest rate by 2%

Interest rate = 10% + 2% = 12%

Now use 12% to calculate the prices of both bonds by using the following formula

P = [ C x ( 1 - ( 1 + r )^-n ) / r ] + [ F / ( 1 + r )^n ]

Bond Sam

F = Face value = $1,000

C = Periodic coupon payment = $1,000 x 10% x 6/12 = $50

r = Periodic interest rate = 12% x 6/12 = 6%

n = Numbers of periods = 3 years x 12/6 = 6 periods

Placing values in the formula

P = [ $50 x ( 1 - ( 1 + 6% )^-6 ) / 6% ] + [ $1,000 / ( 1 + 6% )^6 ]

P = $245.87 + $704.96

P = $950.83

Bond Dave

F = Face value = $1,000

C = Periodic coupon payment = $1,000 x 10% x 6/12 = $50

r = Periodic interest rate = 12% x 6/12 = 6%

n = Numbers of periods = 18 years x 12/6 = 36 periods

Placing values in the formula

P = [ $50 x ( 1 - ( 1 + 6% )^-36 ) / 6% ] + [ $1,000 / ( 1 + 6% )^36 ]

P = $731.05 + $122.74

P = $853.79

Now calculate the percentage change

Bond Sam

Percentage Change = [ ( $950.83 - $1,000 ) / $1,000 ] x 100 = -4.917%

Bond Dave

Percentage Change = [ ( $853.79 - $1,000 ) / $1,000 ] x 100 = -14.621%

3 0

3 years ago