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3 years ago

What is the relationship between the gross public debt and the net public debt?

1 answer:

3 0

The gross debt is the total amount of debt the gov. has issued . the difference is that the net debt does not include debt owned by the gov. to itself

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Judy Olsen, Kristy Johnston, and their mother, Joyce Johnston, owned seventy-eight acres of real estate property on Eagle Creek

Neporo4naja [7]

Yes , Judy and Kristy have an enforceable binding contract

Explanation:

Kristy Johnston, Judy Olsen, and Joyce Johnston, their mother, owned real estate as common buyers. After Joyce died, she left Kristy her one-third share in the house. Kristy sent Judy a letter in 2009 promising Judy to purchase or sell Judy's share in the property.

Judy accepted the sale bid from Kristy. Kristy then tried to refuse Judy's approval and to cancel her bid for sale. Judy lodged a Kristy lawsuit.

The court granted the summary judgment to Judy finding that a contract had been drawn up between the letters exchanged between Judy and Kristy which satisfied the frauds ' status. The Supreme Court ruled that the district court decided out that an enforceable arrangement was established by exchanging letters from the parties.

4 0

4 years ago

A communication channel that allows recipients to receive not only the words in the message but also to hear the tone of voice a

NARA [144]

<span>Media is indeed one of the most influencial communication channels today. Be it through the internet, TV, or radio, the information that the media releases can have a big impact to the entire public's opinions, mindset, and decisions.

Thus, it's very important that the media stays truthful no matter what. Distortion of information could lead to unfavorable circumstances like misled public awareness or public ignorance. The existing quality of media we have today isn't perfect, and it takes everything to change it. </span>

4 0

3 years ago

A country with a population of eight million adults has five million employed, 500,000 unemployed, and the rest of the adult pop

Serggg [28]

The unemployment rate is calculated as the number of eligible persons that are unemployed.

So we would need to remove all the population that is out of the workforce (those who are not eligible to work like the elderly or children).

We know that the total population is 8,000,000 and we can account for 5,500,000 of them so the eligible population of workers is 5,500,000.

If 500,000 of them are unemployed, the rate would be 500,000/5,500,00 or 9%

To find the share of the labor force, take the total eligible (5,500,000) divided by the total population (8,000,000)

5,500,000/8,000,000 = 68.8% of the total population is in the labor force.

5 0

3 years ago

Define cultural intelligence<br>How important is it terms of doing business globulty

Alex17521 [72]

Cultural Intelligence can be described as the capability of a person to relate and communicate to different cultures including his own. This can be very important in terms of doing global business involving different cultures. This intelligence can be used to analyze other cultural techniques and easily relate to them.

4 0

3 years ago

An investor deposits $35,000 into an IRA for her retirement in 25 years.The account pays 3.5% interest compounded continuously.

sergeinik [125]

Answer:

The value of her account after 25 years, if she stays true to the plan is:

= $152,823.31.

Explanation:

a) Data and Calculations:

Initial deposits = $35,000

Period of investment = 25 years

Interest rate per year = 3.5% compounded continuously

Annual deposit into the same account = $1,800

Period of investment = 25 at 3.5% interest rate

Total value of her IRA account after 25 years:

Future value of $35,000 = $82,713.57

Future value of $1,800 yearly = 70,109.74

Total future value = $152,823.31

From an online financial calculator:

N (# of periods) 25

I/Y (Interest per year) 3.5

PV (Present Value) 35000

PMT (Periodic Payment) 0

Results

FV = $82,713.57

Total Interest $47,713.57

N (# of periods) 25

I/Y (Interest per year) 3.5

PV (Present Value) 0

PMT (Periodic Payment) 1800

Results

FV = $70,109.74

Sum of all periodic payments $45,000.00

Total Interest $25,109.74

7 0

3 years ago

What is the relationship between the gross public debt and the net public​ debt?

What is the relationship between the gross public debt and the net public debt?