In order to obtain a
learners permit, teen drivers are required to pass a written test. Typically
they will prepare for this exam by completing a drivers education course.
Though not a requirement in all states, drivers ed is the easiest way to be
thoroughly prepared for the complicated driving laws and scenarios you’ll face
on the permit exam. Once you pass your permit test and earn a permit, there may
still be certain restrictions attached to this provisional license — such as
requiring a licensed driver over a certain age to be seated in the passenger
seat, limiting your driving to daylight hours, and other state-mandated rules.<span>
General United States Permit Requirements
While each state has its own set of guidelines, in
general, teens between 14 and 18 years of age can start the drivers
education and learners permit process. Once a teen driver has obtained a
learners permit, there are additional state-specific requirements they must
meet before they can apply for their drivers license.
<span>Before obtaining a learners permit in any state, a
teenager is required to pass a driving knowledge test. Drivers education is the
best way for a teen to prepare for this exam, whether the state requires it or
not. In some cases, passing a drivers ed final exam can substitute for the
written exam. No matter how the test is taken, students must pass with at least
a 70% or higher, depending on that state’s minimum. Once he or she passes, a
teen driver will be issued a learners permit. Some states require teen drivers
to have a permit for a minimum of 6 months before they can take their drivers
license exam.</span></span>
Answer:
increase of 196.70 dollars
Explanation:
While the depreciation expense will not generate a cash outflow or inflow, the expense will impact the net income which determinates the incoem tax payable.
This change in the net income and therefore, the income tax will also change the cahsflow:
depreciation ( 1 - t ) = tax-shield
562 x 35% = 196.70
The increase in depreciation provides a 196.70 dollars tax shield which increases the cash flow generate for the year.
Answer:
Currently the price of homes has exceeded the 2006 peak, just before the housing bubble burst. The price index has increased more than 40% since 2012.
It has been many years now of a strong economy, with an economic expansion lasting for 11 years (since June 2009), which is actually record breaking. A lot of economists were expecting a recession soon, with the current health crisis not helping, and the recession finally arrived on June 2020.
The combination of historically high prices for homes and an economic recession can be very hurtful. The advantage of the current situation is that the level of delinquent or subprime mortgages is currently much lower than 14 years ago. Actually, the amount of debt per household has decreased since 2006, and is quite stable right now at moderate or low levels. Many households spent much of the past years paying off debt, so they didn't have time to take new debt.
If the recession gets worse, a price correction will be inevitable, but it wouldn't be as large as the 2007 decrease. Only in a few cities in California, Washington, Nevada and Oregon can you find situations similar to 2006, where a strong supply hasn't been enough to balance the prices due to a stronger demand and high mortgage debt. But even there, the situation will not be as bad.
To estimate the amount of money needed so you don't run out.
A much greater marginal cost than marginal benefit.
<h3><u>
Explanation:</u></h3>
Marginal cost refers to the cost that is added by the production of one additional unit of any product or service.The costs that are included in the various levels of production will be encapsulated in the Marginal cost. For instance consider that a company decides to build a new plant in producing goods and services in addition.
The cost associated with the construction of this new plant is the marginal cost. In many cases the complete elimination of the externality would be involving A much greater marginal cost than marginal benefit.
