Answer:
D) $50,000
Explanation:
Tonya's adjusted gross income = salary + long term capital gains = $45,000 + $5,000 = $50,000
Non-business bad debt is unrelated to the person's business, and must be totally worthless in order to be deducted. In this case, Tonya deducted the non-business bad debt last year, so it doesn't affect this year's AGI.
Answer:
0.34
Explanation:
Debt = 1.4 million dollars
Preferred stock = 1.5 million
Common equity = 1.2 million
We are to calculate the Weight on debt
The total value of funds=
Debt + preferred stock + common equity
= (1.4 + 1.5 + 1.2) million
= $4.1 million
So Weight on debt
Debt/total value of funds
= 1.4milloin / 4.1 million
= 0.3415
= 0.34
Answer: Insurance premium
Explanation:
Answer:
D
Explanation:
Price elasticity of demand measures the responsiveness of quantity demanded to changes in price of the good.
Price elasticity of demand = percentage change in quantity demanded / percentage change in price
Infinitely elastic demand is perfectly elastic demand. Demand falls to zero when price increases
Perfectly inelastic demand is demand where there is no change in the quantity demanded regardless of changes in price.
Supply is perfectly inelastic if a small change in price has no effect on quantity supplied
Answer:
1) Option A. differences in values
2) Option C. Tariffs and import quotas generally reduce economic welfare
Explanation:
1) Difference in values which can also be called value conflicts are due to variations in belief systems. I.e. when the belief systems of two groups do not allign. While Antonio believes that government programmes should be reduced because they cause more harm than good, Caroline is of the opinion that despite the inefficiency of government programmes, they are still necessary for the less fortunate. This disagreement is as a result of value conflict.
2) Both economists agree on the inefficiency of government programmes. The focal point of Caroline's argument is that government's intervention in the economy is needed for the less fortunate. Based on this premise, two economies chosen at random will most likely agree to the proposition that tariffs and import quotas generally reduce economic welfare.