Answer: Fiscal policy
Explanation: Fiscal policy refers to the policies implemented by the government fro making the economy stable by using the tax collection and expenditure changes.
As per the given case, the government provide tax benefits in the forms of rebates for promoting the use of renewable energy resources. Hence we can say that government uses fiscal policy for achieving their objective.
Answer:
I do not understand your question explain further
Answer:
- <em>One family earned an income of $28,000 in 1990. Over the next five years, their income increased by 15%, while the CPI increased by 12%. After five years, this family's nominal income</em><em><u> increased to $56,318.00 </u></em><em><u> </u></em><em>,and their real income </em><em><u> increased to $31,956.35 </u></em><em>.</em>
Explanation:
The<em> nominal income</em> will grow at a rate of 15%, per year during five years. Then, the growing factor is g = 1 +15% = 1 + 0.15 = 1.15.
That means that $28,000 will muliply five times by 1.15:
- $28,000 × 1.15 × 1.15 × 1.15 × 1.15 × 1.15 = $28,000 × (1.15)⁵
- $28,000 × 2.011 = $56,318.00
The <em>CPI increased by 12%</em> during the same period. Thus, the CPI after 5 years will be multiplied by 1.12⁵≈ 1.762
The real income, referred to 1990 will be $28,000 × (1.15)⁵ / (1.12)⁵ ≈ $28,000 × 1.1413 ≈ $31,956.35
Then, you can complete the text with:
<em>One family earned an income of $28,000 in 1990. Over the next five years, their income increased by 15%, while the CPI increased by 12%. After five years, this family's nominal income</em><em><u> increased to $ 56,318.00 </u></em><em>,and their real income </em><em><u> increased to $31,956.35 </u></em><em>.</em>
As long as the rate at which the income increases is higher than the rate at which the CPI increases, the real income increases.
Answer:
It is customary for a feeder fund to keep all client fees
Explanation:
About 78 percent of U.S households have one or more credit cards.
