Price elasticity of demand, is the degree to which the effective desire for something changes as its price changes. In general, people desire things less as those things become more expensive
Answer:
Levered beta = Unlevered beta x (1 + (1 - T)D/E
Levered beta = 1.6 x (1 + (1 - 0.4)70/30
Levered beta = 1.6 x (1 + 0.6)70/30
Levered beta = 1.6 x (1.06)70/30
Levered beta = 3.96
Explanation:
Levered beta is also known as equity beta. It is calculated as unlevered beta multiplied by 1 + (1 - Tax rate) multiplied by debt-equity ratio of the division.
Based on the National Income accounts given, the country's personal savings can be found to be $500 billion.
<h3>What are the personal savings?</h3><h3 />
This can be found as"
= Personal income - Consumption
Personal income is:
= GDP - depreciation + transfer payments to households + net interest + net foreign factor - indirect business tax - social security taxes - corporate tax - corporate retained earnings
= (8,800 + 2,000 + 5,100 + 3,500 - 3,800) - (5,100 gross investment - 4,100 net investment) + 1,200 + 800 - 1,100 - 1,900 - 2,300 - 700
= $10,600 billion
Consumption is:
= Expenditures for consumer goods and services + personal income taxes
= 8,800 + 1,300
= $10,100 billion
Personal savings are:
= 10,600 - 10,100
= $500 billion
Find out more on national savings at brainly.com/question/14521802.
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When a shortage of a commodity occurs, we would expect to find that the price of the commodity is less than equilibrium price.
<h3>
What is a shortage?</h3>
A shortage occurs when the quantity demanded exceeds the quantity supplied. At this point, he price of the commodity is less than equilibrium price. For equilibrium price to be restored, the price of the commodity would rise until equilibrium is restored.
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Because it is cheaper to manufacture shirts there