Answer:
The correct answer is option A.
Explanation:
In the time of recession expansionary policy is required to boost the economy. An expansionary fiscal policy such as a reduction in tax will be helpful. A tax cut will cause an increase in disposable income. This will cause aggregate demand to rise. Consequently, output and employment will increase.
Similarly, in times of inflation, a contractionary policy will be required to eliminate inflationary pressures. A decrease in government spending would lead to a decrease in aggregate demand. This will cause the price level to get reduced.
Thus an economist would recommend tax cuts in case of recession and reduction in government spending in case of inflation.
Answer:
Amortization table
Opening liability Installments Interest Principal payment Closing liability
139,108 18000 1211 16788.92498 122,319
122,319 18000 1043 16956.81423 105,362
105,362 18000 873 17126.38238 88,235
88,235 18000 702 17297.6462 70,938
70,938 18000 529 17470.62266 53,467
53,467 18000 354 17645.32889 35,822
35,822 18000 178 17821.78218 18,000
18,000 18000 0 0 0
It is the duty of every licensee to immediately notify the commissioner in writing of any change in his residence address, business address, or mailing address. Hence, the given statement is true.
<h3>What is an
address?</h3>
The term "address" refers to the location of a venue where something or someone can be easily found. There are various kinds of addresses that are used by humans to locate or locate either themselves or anything else or a human.
Some of the instances of address are residence address, business address, meeting address, and many more. All legal documents that are held by a person are registered at the address that is given by them.
Thus, when any kind of change in the address occurs or happens, it is the duty of the document holder to inform the signed authority.
Learn more about address from here:
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The complete question has been attached in text form:
Every licensee must immediately notify the commissioner in writing of any change in his residence address, business address, or mailing address
False
True
Answer:
weighted average of outstanding shares. 124,000
for diluted EPS: 145,000
Explanation:
beginning 100,000
+ 30,000 x 7/12 (May issued shares)
+ 13,000 x 6/12 (130,000 x 10% stock dividends)
100,000 + 17,500 + 6,500 = 124,000 shares for the weighted average of outstanding shares.
for the diluted earning per share:
each bond can convert to 21 shares, potentially increasing the amount of shares outstanding to:
1,000 x 21 = 21,000 new shares
<u>so for diluted EPS we will use:</u>
124,000 + 21,000 = 145,000
Answer:
($500,000)
Explanation:
Economic profit = revenue - explicit costs - implicit costs (opportunity cost)
The revenue is = $3.00 x 250,000 peaches
= $750,000
The explicit costs are = land cost + equipment rent + salaries
= $1,000,000 + 50,000 + 140,000
= $1,190,000
The implicit costs are = interest income + earnings as a shoe salesman
= $20,000 + $40,000
= $60,000
Economic profit = $750,000 - $1,190,000 - $60,000
= ($500,000)
Thus, the farmers' total economic profit is actually a total economic loss of $500,000
