The correct answer should be <span>Increase taxation and decrease spending
This would be the most efficient way to do this since you would get more money from taxes and they would lose less money because of lack of spending. People would probably be dissatisfied, but it would help the budget. </span>
Answer:
Three years from the expiration of the contract
.
Explanation:
Answer:
41.92 months
Explanation:
In this question, we use the NPER formula which is shown in the spreadsheet.
The NPER represents the time period.
Given that,
Present value = $23,000
Future value = $33,000
Rate of interest = 0.50%
PMT = $100
The formula is shown below:
= NPER(Rate;-PMT;-PV;FV;type)
The present value and the PMT comes in negative
So, after solving this, the answer would be 41.92 months
Available Options Are:
a) higher sensitivity to changes in the interest rate, or
b) lower sensitivity to changes in the interest rate
Answer:
Option A. Higher sensitivity to changes in the interest rate
Explanation:
The reason is that the tax cut will encourage foreign investment and this increase in Foreign Investment will increase the GDP but by small amount. However, the higher interest rate in an economy always raises additional money in an economy which companies invest to purchase the new GDP. Thus the GDP growth is highly sensitive to changes in interest rate.