Answer:
Amount of cash at the end of one year is $16,200
Explanation:
Amount invested = $15,000
Rate of return = 8%
Amount at the end of one year = $15,000 + (0.08×$15,000) = $15,000 + $1,200 = $16,200
The spending that would occur during the third round of spending if the marginal propensity to consume (MPC) was 0.6 will be $420 billion.
- Increase in expenditure = $700 billion.
- Marginal propensity to consume = 0.6
The amount of spending based on the information given will be:
= 0.6 × $700 billion
= $420 billion.
Therefore, the correct option is $420 billion.
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brainly.com/question/17012549
Money serves as a good store of value except when an economy experiences a period of INFLATION.
Answer:
Answer for the question:
oselli Animation plans to offer its employees a salary enhancement package that has revenue sharing as its main component. Specifically, the company will set aside 2% of total sales revenue for year-end bonuses. The sales are expected to be $5 million the first year, $5.5 million the second year, and amounts increasing by 10% each year for the next 5 years. At an interest rate of 6% per year, what is the equivalent annual worth in years 1 through 5 of the bonus package?
is given in the attachment.
Explanation:
Answer:
Yes, all. A non-exempt employee is eligible for overtime/compensatory time for hours in excess of 40 in a given week.
