Answer:
C) a decreased average level of safety for passengers.
Explanation:
Traveling by airplane is still by far the most safe way to travel. The chance of being in an airplane accident (not necessarily deadly accident) is 1 in 11 million, while the chance of being in a car accident is 1 in 5,000. Flying on airplanes is not only safe, but it is becoming safer.
Answer: B. Get a Home Equity Loan
Explanation:
A Home Equity Loan which is also known as a HOME EQUITY INSTALLMENT LOAN or a SECOND MORTGAGE is a type of consumer debt that allows the borrower to borrow against the the EQUITY in their property. This Equity is calculated as the difference between the amount still owned to the mortgage issuer and the property's current market value.
Such loans have historically attracted lower interests than credit card and other non-secured loan interest rates such as payday loans. They are also tax deductible.
They are therefore Michael's best option here.
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Answer:
C) $104
Explanation:
The lower of cost or market approach states that a company must record its merchandise inventory at the lowest cost between the replacement cost and the net realizable value.
net realizable value = selling price - selling costs = $110 - $6 = $104
replacement cost = $106
In this case the net realizable value is lower than the replacement cost.
Answer: Create incentives to expand output when resource prices are unresponsive to price-level changes
Explanation:
High price levels indeed create incentives to expand output if resource prices are unresponsive to price changes.
What this means is that, when price levels rise, suppliers tend to take advantage of this rise by producing more if, their INPUTS DON'T increase in price as well.
For example, price of steel goes up by $5 but the price of Iron Ore remains the same.
Suppliers and Producers will produce more steel because they can make a high profit because iron ore prices have not changed.
Answer:
given statement is true
Explanation:
solution
the given statement is true because
by encouraging, people of the lower income is contributing to their retirement savings account.
and IRS offers a tax credit for contributions to them for claim the retirement savings credit
so Jennifer must use IRS form 8880
and credit percentage decreases as the as AGI increases
so we can say given statement is true