Answer:
Penalty APR and When It Applies
Explanation:
A Schumer Box is a table that explains the costs of a credit card in the United States. It has sections like:
-Annual Percentage Rate (APR) for Purchases: It indicates the annual rate that you will be charged when you use the credit card to make a purchase.
-How to Avoid Paying Interest on Purchases: It indicates the specific situation in which you would be exempted from paying interest on a purchase.
-Penalty APR and When It Applies: It indicates the specific situations in which you would have to pay a higher interest rate as an infraction for things like making a late payment.
-Variable Rate and Balance Computation: It indicates how the interest rate can change and how the finance charge is calculated.
According to this, the answer is that the section of a Schumer Box that discusses what happens when a payment is late is Penalty APR and When It Applies.
Answer:
The answer is: A) If taxes are lowered, government revenues actually increase.
Explanation:
For example, when consumers have to pay less money in taxes, it means they will have more money to spend. Private consumption is the most important component of the GDP. When money starts to flow, a virtuous circle of growth starts a chain of events that reinforces economic growth through a feedback loop. When the economic growth rate increases, government revenue will also increase. The virtuous circle of growth is the most important pillar of the Keynesian economic theory.
The same applies to businesses, when they pay less taxes, they can invest more in new businesses which in turn increase economic growth, which results in higher revenue for the government.
Of course this theory applies to certain small tax reductions, and under certain specific circumstances.
Answer:
Tyler year-end capital account 373,500
Piper year-end capital account 196,500
Explanation:
income 290,000
interest: (14,000) (210,000 x 5% + 70,000 x 5%)
salaries: (81,000) (36,000 + 45,000)
remainder 195,000
Tyler:
210,000 + 5% interest + 36,000 salary + 195,000 x 3/5 = 373.500
Piper
70,000 + 5% interest + 45,000 salary + 195,000 x 2/5 = 196,500
Donate surplus food from food stores to communities who need the support.
Answer:
2,500,000 million dollars to break even
Explanation:
