The correct answer for the question that is being presented above is this one: "A) The total net housing wealth is equal to about 80 percent of GDP." The statements about the U.S. housing industry is accurate is this one '<span>The total net housing wealth is equal to about 80 percent of GDP.'</span>
Price floor is the maximum price in the market.
Since the increasing level of government transfers only transfers the wealth without actual creation of goods/services, Higher taxes may be necessary to finance increased transfer payments, leading to a reduction in hours worked because of a decrease in the reward for productive activity. Not only that, <span>.Greater transfer activity diverts productive resources into rent-seeking activity</span>
Answer:
a) Net Income = 68200
b) Tingler net income= 8645
Shocker net income=29655
Total net income=38300
c) No, because net income would decrease from 68200 to 38300.
Explanation:
Find the attachment for explanation/solution.
Answer:
$12.50
Explanation:
Data provided in the question
Annual dividend next year = $0.75
Growth rate = 4%
Required rate of return = 10%
So by considering the above information, the price of the share is
= Next year dividend ÷ (Required rate of return - growth rate)
= $0.75 ÷ (10% - 4%)
= ($0.75) ÷ (6%)
= $12.50
Hence we considered all the information which is given in the question
