Micky can receive a total deduction of an IRA contribution.
Individual Retirement Accounts (IRA) offer tax advantages for retirement financial savings. You may contribute up to the most amount allowed by the internal revenue carrier each year. There are several forms of IRAs available: conventional IRA. Contributions commonly are tax-deductible.
An individual Retirement Account (IRA) is a tax-advantaged funding account designed that will help you keep toward retirement. IRAs are one of the simplest ways to keep and make investments for destiny. It allows your cash to grow on a tax-deferred or tax-free foundation, depending on the kind of account.
Few mutual funds have minimums of $1,000 or more, so you need to account for that as you choose your investments. The IRS doesn't require a minimum quantity to open an IRA. However, a few providers require account minimums, so if you've only been given a small amount to invest, discover a provider with a low or $0 minimum.
Learn more about Individual Retirement Accounts here brainly.com/question/1637877
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Answer:
1. The tax multiplier for this nation is -2.33
2. The tax multiplier for this nation if a $150 increase in taxes reduces real GDP by $450 would be -3
3. Real GDP change will be of -$1,800 if the tax multiplier is-9 and taxes are reduced by $200
Explanation:
1. In order to calculate the tax multiplier for this nation according to the given data we would have to calculate the following formula:
tax multiplier for this nation=-MPC/1-MPC
tax multiplier for this nation=-0.7/1-0.7
tax multiplier for this nation=-2.33
The tax multiplier for this nation is -2.33
2. To calculate the tax multiplier for this nation if a $150 increase in taxes reduces real GDP by $450 we would have to make the following calculation:
tax multiplier for this nation=real GDP/increase in taxes
tax multiplier for this nation=-$450/$150
tax multiplier for this nation=-3
The tax multiplier for this nation if a $150 increase in taxes reduces real GDP by $450 would be -3
3. To calculate the amount of change will real GDP be if the tax multiplier is-9 and taxes are reduced by $200 we would have to make the following calculation:
tax multiplier=real GDP/increase in taxes
-9=real GDP/$200
real GDP=-9*$200
real GDP=-$1800
Real GDP change will be of -$1,800 if the tax multiplier is-9 and taxes are reduced by $200
Answer:
Firm X
Explanation:
In simple words, since the firm X is asset heavy they will have more equity capital in their accounts. On average, companies that adopt asset-light models achieve higher profits. Both provide the identical invested capital, but X has more equity wealth so it can have higher returns on investments.
Thus, from the above we can conclude that the correct answer is firm X.
That would be considered as "design flexibility"