Answer:
FALSE.
Explanation:
Retained earnings are the percentage of a corporation's profits that have not been allocated to shareholders; alternatively, they are retained for holdings in working capital and/or intangible assets, as well as for paying down any exceptional liabilities.
An organization's retained earnings are the organization's accrued total income that the company retains at a point in time, as well as at the close of the current period.
A Keogh plan is a tax-deferred pension plan available to self-employed individuals or unincorporated businesses for retirement purposes. A Keogh plan can be set up as either a defined-benefit or a defined-contribution plan, although most plans are set as the latter.
Answer:
d. $394,767
Explanation:
For computing the amount of deposit at the end we need to apply the future value formula i.e to be shown in the attachment
Given that,
Present value = $0
Rate of interest = 7.5% ÷ 12 months = 0.625%
NPER = 25 years × 12 months = 300 months
PMT = $450
The formula is shown below:
= -FV(Rate;NPER;PMT;PV;type)
So, after applying the above formula, the future value is $394,767
<u>According to keynesianism, as more items are being made, what happens to prices D. the prices stay the same</u>
Explanation:
Keynes advocated that an increased government expenditures and lower taxes can stimulate demand and it can pull the global economy out of the depression.
Keynesians believe that, because prices are somewhat rigid, fluctuations in any component of spending like consumption, investment, or government expenditure will cause the output to change. If government spending increases, for example, and all other spending components remain constant, then output will increase.
<u>According to keynesianism, as more items are being made, what happens to prices D. the prices stay the same</u>
The interest rate will also increase and firms will want to borrow less for new plants and gear and households will want to borrow less for homebuilding. And in addtion to that interest rate is the amount charged, expressed as a percentage of principal, by a lender to a borrower for the use of assets.
