Answer:
$12 billion
Explanation:
Data provided in the question:
Required reduction in the consumption = $36 billion
MPC = 0.75
Now,
Total income = [ Required reduction in the consumption ] ÷ MPC
= [ $36 billion ] ÷ 0.75
= $48 billion
Therefore,
The raise in tax = Total income - Required reduction in the consumption
= $48 billion - $36 billion
= $12 billion
Answer:
Retreatism
Explanation:
Retreatism -
It is the concept or the methodology , which states that a person resigning the traditions of the society's idea of success and creating their own way of happiness and self satisfaction , is known as the method of Retreatism .
Same case is shown in the question , where Juan Carlos adapted the idea of Retreatism , in order to attain a happy life , by leaving his job and moving to the woods and enjoying the solitude .
Answer:
I believe that two different questions have been mixed into one:
Coercive acts:
- B) Set of 4 <u>ACTS</u> passed by Lord North to punish Massachusetts for destroying the tea and refusing to pay for the damage: THEY INCLUDED ADMINISTRATION OF JUSTICE ACT, MASSACHUSETTS GOVERNMENT ACT, PORT BILL AND THE QUARTERING ACT
Committees of Correspondence:
- A) colonial extralegal shadow governments that convened to coordinate plans of resistance against the British
Explanation:
Massachusetts was the only colony that elected their own leaders since its charter allowed them more freedom than any other colony. After the Boston Tea Party, the British parliament decided to punish Massachusetts by sending their own governor and establishes severe penalties and laws. In a practical sense, the governor only ruled in Boston because the British were there, but the rest of Massachusetts remained extremely pro-independence and basically ruled itself as it had before.
Answer:
Instructions are below.
Explanation:
Giving the following information:
Option 1:
$12,000 cash now
Option 2:
$900 every quarter for 4 years.
Interest rate= 8% compounded quarterly
We need to determine the present value of option 2.
First, we need to calculate the future value of the investment. We will use the following formula:
FV= {A*[(1+i)^n-1]}/i
A= cash flow= 900
n= 4*4= 16
i= 0.08/4= 0.02
FV= {900*[(1.02^16)-1]} / 0.02
FV= $16,775.36
Now, we determine the present value:
PV= FV/(1+i)^n
PV= 16,775.36/(1.02^16)
PV= $12,219.94
It is more profitable to accept option 2. It provides the highest present value.
The answer to your question is HVAC (heating, ventilation and air conditioning).