Answer:
I'm not sure what this question is about, but the concept of the income expenditures model and its components is the following:
In the income (or aggregate) expenditures model, its author (Keynes) established certain assumptions in order to analyze how the economy works as a whole. His assumptions included that investment, government spending and net exports were all independent from income level.
When the economy is at equilibrium, total expenditures (GDP) = income level = consumption + government + investment + net exports
Another important assumptions are:
- marginal propensity to consume (MPC) + marginal propensity to save (MPS) = 1
- consumption = autonomous consumption + [MPC x (total income level - taxes)]
Savings = investment increase when disposable income increases or real GDP increases.
This model is used to explain the relationship between labor and production levels, and how they are affected by the economy's total expenditures. By increasing expenditures, the demand for labor and products/services will increase.
The federal law that regulates the degree to which employees can be exposed to hazardous substances and must be supplied with safe working conditions and equipment is Federal Hazardous Substances Act (FHSA) .
The Federal Hazardous Substances Act (FHSA) requires precautionary labeling on the immediate container of hazardous household products to help users safely store and use those products and to give them information about immediate first aid steps to take if an accident happens.
The Act also allows the Consumer Product Safety Commission to ban certain products that are so threatening or the nature of the hazard is such that the labeling the act requires is not adequate to protect consumers.
The Act requires hazardous household products ("hazardous substances") to bear labeling that alerts consumers to the potential hazards that those products present and that suggests what they need to do to protect themselves and their children from those hazards.
To know more about federal laws refer to:
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Answer:
If a limited partner actively participates in day-to-day management of the business, he or she may forfeit limited partner status and lose limited liability for debts and liabilities: Given statement is a. True
Explanation:
A limited partner are also known as silent partners. They are part owners whose liability of the debts of the firm cannot exceed the amount that he invested in the company.
A limited partnership would have one general partner and at least one limited partner. The general partner is the one who manages the business from day-to-day.
Limited partners do not manage the day-to-day affairs of the business. In case they do, they are then treated as general partners. And would lose the limited liability for debts as stated in the statement. This, it is true.
The value of the retirement account will be the future value which is calculated using FV function of Microsoft excel as in =FV(rate,nper,pmt) where
RATE = Annual interest rate = 8% = 8/100 =0.08
NPER = number of periods = number of years = 25
PMT= Annual deposit = 5850
Retirement account value =FV(0.08,25,5850) = 427,669.75
The balance in the retirement account in 25 years = $427,669.75
