Answer:
$42.50
Explanation:
The computation of the amount received at the end of each six month period is shown below:
= Issued amount × rate of interest × number of months ÷ total number of months in a year
= $1,000 × 8.5% × 6 months ÷ 12 months
= $42.50
By multiplying the issued amount with the rate of interest and the number of months we can get the amount of the check and the same is shown above
Answer:
allocate resources.
Explanation:
Scarcity of resources makes producers make choices on how to use the few available resources. Like other people, producers will want to do many things but are restricted by a lack of resources. Time and money are examples of scarce resources. They have to allocate the available resources among different needs and wants.
Opportunity cost is measured by calculating the value of the next best alternative.
Answer: The correct answer is "a. negative, and the good is an inferior good.".
Explanation: Assuming that a 4 percent decrease in income results in a 6 percent increase in the quantity demanded of a good, the income elasticity of demand for the good is negative because the good is an inferior good.
Inferior goods are those material elements that are related to the consumption of people who have lower incomes and who cover their basic needs.
Its income elasticity coefficient is negative. Therefore, when the consumer's income increases, the demand for these goods decreases because the consumer can choose other higher quality products..
Answer:
The correct answer is Qualifying.
Explanation:
Professional qualification is the set of professional competencies with significance in employment that can be acquired through modular training or other types of training, as well as through work experience.
A person is qualified when in the development of his work he obtains results that are at the level demanded by the productive system, that is, in his work performance he obtains the expected results, with the resources and the level of quality due.
The amount of tax revenue is $130 billion and teh governemnt budget balance is negative 10 billion
<u>Explanation:</u>
We are given
I = 130 billion, S = 110 billion, G = 120 billion, X = 210 billion and M = 220 billion, we need to derive tax revenue = T??
At equilibrium; S+T +M = I+X+G or
110 + T + 220 = 130 + 210 + 120 or
T + 330 = 460, implies tax revenue (T) = $130 billion
the government budget is calculated as follows:
Government budget = G-T = 120 minus 130 = -10 billion
