Answer:
A. $250,000
Explanation:
Real farm income can be calculated by dividing Nominal income by CPI for calculation data is given in the question.
DATA
Price per bushel = $8
units produced in 2014 = 100,000
Expense = 300,000
CPI = 2
Solution
Nominal income in 2014 = 8x100,000
Nominal income in 2014 = $800,000
Farm income = nominal income - expenses
Farm income = 800,000 - 300,000
Farm income = $500,000
real income = nominal income / CPI
real income = 500,000/2
real income = $250,000
Answer: To be for real I dont know?????? Sorry:(
Explanation:
National Sales Tax and Flat Tax are two major plants that are considered by Congress to fix the tax code. Either of the two will do but they both will do the following:
Both taxes will restore the principle of fairness to the tax system because both will treat all taxpayers equally.
Both taxes will replace today's discriminatory tax structure with a single low rate.
Both taxes will eliminate the current tax code's bias against savings and investments, and promote a kind of capital formation that will boost workers' incomes and raise long-term economic growth.
In collecting said taxes, fewer personnel and paperwork will be needed, resulting to a downsizing of IRS bureaucracy and saving billions of dollars in compliance cost per year.
Despite their differences, both taxes have the fundamental principle that all income should be taxed at one low rate and only one time, and the collection of tax should be done in the least intrusive way possible.
Answer:
Option C is correct one.
expected return of 38 percent; standard deviation of 38 percent
Explanation:
Expected return of 38 % and Standard deviation of 38%. this will be optimum return and not an efficient frontier.