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3 years ago

Which of these people will be eligible for a tax deduction?

2 answers:

7 0

Interest from banks and dividends are both forms of income, which is taxed. But when you give to charities, you can actually *deduct* it from your taxes.
Let's say you have a stock that gives dividends. That means every month, or six months, etc (depending on the type of dividend) you get paid a certain amount. Sort of like a salary for having the stock.

"tax deductible" means that it can be *deducted* from your amount of taxes owed.

serg [7]3 years ago

6 0

i would say the answer has to be C.

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After the formation of a free trade area for its member countries, the United States found that its high-cost furniture producer

Damm [24]

Answer: Trade creation

Explanation:

Trade creation is the increase in economic welfare which occurs when a country joins a free trade area, like the customs union. Trade creation will happen when the ltariff barriers has been reduced which leads to lower prices.

Trade creation leads to lower cost on producers which will lead to a rise in economic welfare and consumer surplus. Trade creation also leads to expansion of trade.

6 0

3 years ago

The Wall Street Journal reported the following spot and forward rates for the Swiss franc ($/SF):Spot...........................

Gnoma [55]

Answer:

The Wall Street Journal Reports

a. The Swiss franc was selling at a premium in the forward market.

b. The 30-day forward premium was: $0.0049.

c. The 90-day forward premium was: $0.0099.

d. Dollars to receive from a 90-day forward contract is $95,310.

Explanation:

a) Data and Calculations:

Spot and forward rates for the Swiss franc ($/SF):

Spot............................................ $0.9432

30-day forward.......................... $0.9481

90-day forward.......................... $0.9531

180-day forward........................ $0.9594

Premium:

30-day forward.......................... $0.9481

Spot............................................ $0.9432

Premium = $0.0049

90-day forward.......................... $0.9531

Spot............................................ $0.9432

Premium = $0.0099

180-day forward........................ $0.9594

Spot............................................ $0.9432

Premium = $0.0162

Dollars to receive from a 90-day forward contract is $95,310 ($0.9531 * SF 100,000)

6 0

3 years ago

Suppose France can produce four phones or three computers with one unit of labor, and Sweden can produce one phone or two comput

Fynjy0 [20]

Answer:

France should specialize in producing phones and import computers from Sweden

Explanation:

France can produce: 4 phones or 3 computers

The opportunity cost of producing 1 phone = (3 ÷ 4)

= 0.75 computers

The opportunity cost of producing 1 computer = (4 ÷ 3)

= 1.33 phones

Sweden can produce: 1 phone or 2 computers

The opportunity cost of producing 1 phone = (2 ÷ 1)

= 2 computers

The opportunity cost of producing 1 computer = (1 ÷ 2)

= 0.5 phones

According to the comparative advantage,

Sweden has a comparative advantage in producing computers because the opportunity cost of producing computers is lower for Sweden than for France.

France has a comparative advantage in producing phones because the opportunity cost of producing phones is lower for France than for Sweden and import computers from Sweden because Sweden has a comparative advantage in producing computers.

7 0

3 years ago

The Statement of Net Position of South State University, a government-owned university, as of the end of its fiscal year June 30

alexandr402 [8]

Answer:

Explanation:

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3 years ago

What is meant by an ‘economic boom’?

Anvisha [2.4K]

The Economic boom<span> of the 1920s saw rapid growth in GDP, production levels and living standards. The growth was fuelled by new technologies and production processes such as the assembly line. The </span>economic<span> growth also caused an unprecedented rise in stock market values – share prices increased much more than GDP.

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8 0

3 years ago

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