Answer:
(B) $20 billion
Explanation:
Given a certain level of MPC, an increase in government spending (G) by a certain amount translates to an increase in aggregate demand (AD) through the relationship below.

where Δ means <em>change.</em>
<em />
Therefore, given ΔAD of $50 billion, and MPC of 0.6,

= 
= 
= ΔG = 50 * 0.4 = 20
Therefore, increase in government purchases = $20 billion.
Answer:
X is $30,000
Explanation:
First, we need to calculate the Amount ofLoan
Amount of Loan = Car price - Down payment = $100,848 - $30,000 = $70,848
This is the situation of annuity payment for 4 years at a 25% interest rate with equal annuity payment each year.
Now we will use the following formula to calculate the value of X
PV of Annuity = Annuity payment x ( 1 - ( 1 + interest rate )^-numbers of years ) / Interest rate
Where
PV of Annuity = Amount of Loan = $70,848
Interest rate = 25%
Numbers of years = 4 years
Annuity Payment = X = ?
Placing values in the formula
$70,848 = X x ( 1 - ( 1 + 25% )^-4 ) / 25%
$70,848 = X x 2.3616
X = $70,848 / 2.3616
X = $30,000
Answer:
Joint Tenancy
Explanation:
Joint tenancy represents a legal contractual arrangement that involves two or more people who have agreed to own a single property sharing both obligations and rights equally.
The terms of join tenancy is such that no one whether the partner or an inheritor of will is able to sell the property in future without the consent of other partners. Secondly, when a partner dies joint tenancy does not transfer assets to heirs instead it is vested in the surviving partner.
It becomes that Bill did not name his wife as his beneficiary, hence Mike inherits the entire 342 acres of land after Bill's death.
Answer:
20%
Explanation:
The question has a Mean of 1 day and the Standard deviation is 4 days, So it is apparent that in every Five days including the 4 days standard deviation, we have the chipper to be available and clients in need of it can rent it for 1 day.
Therefore if the chipper is going to be rented on the 1st day, it would be rented again after 4 days, on the 5th day.
utilization for the chipper will be
= (1/5) x 100
= 0.2 x 100
= 20%
Answer:
A Journal Entry was Entered for Hanson Leasing Company on January 2, 2021, and Debit to right-of-use asset= 113767
Explanation:
Solution
Given that:
The Journal Entry of Hanson Leasing Company on January 2, 2012
Equal annual payments =240000
X PV Annuity Due 8%, 5 periods = 4.31213
Present value of Equal annual payments=1034911
Residual value=150000
X PV Single 8%, 5 periods=0.68508
Present value of residual value=102762
Present value of Equal annual payments=1034911
Add: Present value of residual value=102762
Debit to right-of-use asset= 113767