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miskamm [114]
3 years ago
8

The President asks Congress to approve a budget in which individual income taxes are raised by 5%. Explain how this could affect

the circular flow model.
Business
2 answers:
bekas [8.4K]3 years ago
8 0

Answer:

With no budget, Congress must pass a continuing resolution to fund the government temporarily. ... If Congress can't agree on 12 separate appropriations bills, it can pass an Omnibus bill that includes multiple funding areas. If the President signs that, the budget becomes law and goes into effect.

Explanation:

Sorry if this didn't help!

AfilCa [17]3 years ago
8 0
The answere is what the first guy said
You might be interested in
A real estate salesperson is often approached by home buyers of a particular race. His usual practice is to show them homes in n
guapka [62]

Answer: Racial steering

Explanation: Racial steering refers to the practice in which real estate brokers guide prospective home buyers towards or away from certain neighborhoods based on their race .Another example of racist practices is racial steering, in which real estate agents direct prospective homeowners toward or away from certain neighbourhoods based on their race.Steering can take several forms. Information steering occurs when minority homeseekers are shown or given information on fewer homes or neighborhoods than non minority homeseekers. Segregation steering occurs when minorities are shown homes in areas with larger minority populations than areas shown to non minorities. And class steering occurs when neighborhoods shown to minority homeseekers are of lower socioeconomic status than those shown to non minorities. Several actors in the housing industry engage in steering. Mortgage lenders and insurance agents often provide less information and offer fewer, more expensive, and lower quality products to non white households or residents of non white communities than they do for whites and predominantly white communities.

4 0
3 years ago
A famous quarterback just signed a contract for $18.6 million, providing $3.1 million a year for 6 years. A less famous receiver
barxatty [35]

Answer:

a) The PV of the quarterback's contract is 13.91 million

b) The PV of the receiver's contract is 14.42 million .

c) The Receiver is better paid  

Explanation:

a)

PV of quarterback

= 3.1/1.09 + 3.1/1.09^2 + 3.1/1.09^3 + 3.1/1.09^4 + 3.1/1.09^5 + 3.1/1.09^6

= 3.1/0.09*(1 - (1/1.09)^6)

= 13.91 million

Therefore, The PV of the quarterback's contract is 13.91 million .

b)

PV of receiver's contract

= 5 + 2.1/1.09 + 2.1/1.09^2+2.1/1.09^3+2.1/1.09^4+2.1/1.09^5+2.1/1.09^6

= 5 + 2.1/0.09*(1 - (1/1.09)^6)

= 14.42 million

Therefore, The PV of the receiver's contract is 14.42 million .

c) Since the PV of the quarterback's contract is less than the PV of the receiver's contract, The Receiver is better paid.

6 0
3 years ago
According to the CME Group, the market price of the E-mini futures is $2,939.25. Each futures contract delivers 50 times the ind
KatRina [158]

Answer:

E-Mini futures = $2,939.25

Contract Size = 50

Portfolio Value = $10,000,000, Beta 1.5

Target Beta 2, Planning to increase the exposure

Calculation of Number of contracts needed = [Portfolio Size x (Target Beta - Actual beta)] / Contracts Size x Future Price

= (10,000,000 x (2 - 1.5) ] / 50 x 2939.25

= (10,000,000 x 0.5) / 146962.5

= 5,000,000 / 146962.5

= 34.02228459641065

= 34

So, you need to go Long 34 contracts to Increase the exposure.

3 0
3 years ago
PNW, LLC purchased equipment, a building, and land for one price of $6,050,500. The estimated fair values of the equipment, buil
umka2103 [35]

Answer:

$4235350.

Explanation:

Given: Estimated fair value of the equipment= $1000000.

           Estimated fair value of the building=     $7000000.

           Estimated fair value of the land=           $2000000.

           One Purchase price of equipment, building and land= $6050500.

First finding the allocated percentage share of building.

Total amount shared by building, land and equipments= \$ 1000000+\$7000000+\$ 2000000

∴ Total amount shared by building, land and equipments= \$ 10000000

Allocated percentage share of building= \frac{Estimated\ fair\ price\ of\ building}{Total\ amount\ shared} \times 100

⇒ Allocated percentage share of building= \frac{7000000}{10000000}\times 100

∴ Allocated percentage share of building= 70\%

Now, calculating amount would the company record the building.

Amount recorded for the building= 70\% \times \$ 6050500

⇒ Amount recorded for the building= \frac{70}{100} \times 6050500

∴ Amount recorded for the building= \$ 4235350.

Hence, amount that company would record for building is $4235350.

8 0
3 years ago
Who is president <br> Of the United States of America
Hoochie [10]
Barack Obama is the President of the US
4 0
3 years ago
Read 2 more answers
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