Answer:
3,200
Explanation:
Let the cord of woods he would need to split be x
Now, since each cord of wood is to be sold at $125, the amount of money he realizes would be 125 * x = 125x.
Profit = Revenue minus expenses
How revenue is a total of $125x
Now, his expenses = $50,000 + $100x
Now:
$125x - (50,000+100x) = 30,000
125x - 100x = 30,000 + 50,000
25x = 80,000
X = 80,000/25
X = 3200
This means he needs to split 3,200 cords of wood to make a profit of $30,000
Answer: The correct answer is choice b.
Explanation: If the Fed’s goal is to increase the money supply as part of an antirecession strategy they will decrease the interest rate that is paid on excess reserves. Decreasing the Fed’s rate will encourage the bank to extend more loans to the public, increasing the money supply in the economy.
Answer:
If there is $1 increase in the government purchases, this will increase the income and spending by more than $1. This increase is due to the government spending multiplier.
The increase in government spending will lead to increase the aggregate demand and national income of a nation.Therefore, this will increase the induced spending.
That's why one dollar increase in government spending will lead to more than one dollar increase in income and spending.
Answer:
19.23%
Explanation:
if the total price paid was $530,000, that would equal 100%
now we must determine the specific weight of each component as estimated by the appraiser:
total value = $125,000 + $430,000 + $95,000 = $650,000
- office furniture = $125,000 / $650,000 = 0.1923 or 19.23%
- building = $430,000 / $650,000 = 0.6615 or 66.15%
- land = $95,000 / $650,000 = 0.1462 or 14.62%
<span>The earth is divided into three parts which are lithosphere, hydrosphere, and atmosphere. Lithosphere is the part that represents the upper and outer mantle of the earth which is land basically divided into continents. Hydrosphere is the part represents the water region of the earth, oceans and other water bodies. Hydrosphere covers the clouds too. Atmosphere mainly represents the open region around the earth which is filled with various gases.</span>
