Answer:
Explanation:
For negative
But all taxes adversely affect ability to save. Since rich people save more than the poor, progressive rate of taxation reduces savings potentiality. This means low level of investment. Lower rate of investment has a dampening effect on economic growth of a country.
Positive
The positive effects of tax rate cuts on the size of the economy arise because lower tax rates raise the after-tax reward to working, saving, and investing. ... But pure rate cuts may also provide positive income (or wealth) effects, which reduce the need to work, save, and invest.
The money is serving as a medium of exchange. You are exchanging money, which represents the ability to purchase any good of equal value, for the sandwich and bag of chips.
Answer:
Excess reserve = $180 million
Explanation:
Required-reserve ratio: The minimum percentage that banks are required to keep as reserve is known as the required-reserve ratio. In this question, it is given as 10%. Multiply this ratio by the total deposit and you will get the required reserve in dollar amount.
Therefore the required reserve for this bank = 10% ×$200 million= $20 million
Excess reserve; Excess reserve is the balance of the total deposit over and above the required reserve. The bank can lend and create loan asset from this balance.
It is calculated as = Total deposit - Required reserve
So we apply this to our question
Excess reserve = $200 million - (10% × $200 million)
= 180 million
Excess reserve = $180 million
Answer:
C) for assault and battery, because there was both a threat and a harmful action.
Explanation:
Both assault and battery are crimes but can also result be considered torts and result in civil lawsuits:
- Assault refers to a threat of bodily harm.
- Battery refers to actually harming the other person.
Since both took place in this case, Jill can be charged of both crimes and Jack can also sue her for both torts.
Answer:
unrealised profit on unsold stock with james corporation = $30000
so correct option is b. $30,000
Explanation:
owns = 80 %
sold = $250,000
inventory = 40 %
Gross profit = 20 %
Gross profit = 30 %
amount of intra entity gross profit
solution
unsold stock with james corporation are = 40 % of $250000
unsold stock with james corporation = $100,000
and
unrealised profit on unsold stock with james corporation is in consolidated statement is = unsold stock with james corporation × profit rate i.e 30%
unrealised profit on unsold stock with james corporation = $100000 × 30%
unrealised profit on unsold stock with james corporation = $30000
so correct option is b. $30,000
