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3 years ago

11

What would be the impact on the supply curve of oil if a major oil producing country banned all exports to the United States of

America?

1 answer:

jarptica [38.1K]3 years ago

3 0

Answer:

The supply curve would shift to the right(upwards)

Explanation:

This is because there would be less oil available but the same demand and so the price for the same amount of oil will increase.

hope this helps!

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A property is listed for sale at $235,000. A buyer's offer of $220,000 is rejected by the seller. Six months later, the seller r

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Explanation:

the property's market value is the $210,000

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3 years ago

Jeremy and Alyssa Johnson have been married for five years and do not have any children. Jeremy was married previously and has o

patriot [66]

Solution:

Gross income : 262000

a) Ordinary and necessary business expenses

amount explanation

108850 Ordinary expenses associated with Jeremyâs

business (42250+47700+18900)

b) Unreimbursed employment expenses

amount explanation

- Un reimbursed employee business expenses

are deductible from AGI not for AGI

c) Real property taxes and investment expenses.

amount explanation

- Taxes and investment expenses

are deductible from AGI not for AGI

d) Rental expenses

amount explanation

8590 Rental expenses are deductible for

AGI even though they aretechnically investment or

production of income expenses.

e) Self-employed health insurance

amount explanation

4590 Jeremy may deduct all the costs of his

health insurance because he is not eligible

for health plan

f) Self- employment taxes

amount explanation

1295 Â½ of self-employment taxes allowed

as for AGI deduction

g) Alimony

amount explanation

5180 Alimony is allowed for AGI deductions

h) Donations

amount explanation

- Charitable contributions are from

not for AGI deductions

Total for AGI deductions Amount

128505

AGI 135495

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2 years ago

Suppose you win on a scratch‑off lottery ticket and you decide to put all of your $ 3,500 winnings in the bank. The reserve requ

Katarina [22]

Answer:

$3,325

Explanation:

Reserves are maintained to fulfil the customers withdrawal requirement. It is imposed by the State bank over the Banks to hold a specific percent of cash as reserves. Bank hold the reserves and invest or utilize the residual in the market.

In this question 5% of $3,500 will be reserved and the remaining $3,325 will be available for the money supply in the market in different forms.

the maximum possible increase in the money supply as a result of your bank deposit is $3,325.

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3 years ago

Each of the following items must be considered in preparing a statement of cash flows. Indicate where each item is to be reporte

Mashcka [7]

Answer:

(a) Operating activity

(b) Financing activity

(c) Operating activity

(d) Investing activity

Explanation:

Basically there are three types of activities:

1. Operating activities: It includes those transactions which affect the working capital, and it records transactions of cash receipts and cash payments.

2. Investing activities: It records those activities which include purchase and sale of the fixed assets

3. Financing activities: It records those activities which affect the long term liability and shareholder equity balance.

So,

(a) Increase in accounts receivable come under the operating activities, and this is to be in a negative amount

(b) Issue of preference shares comes under financing activity, and this is added while computing the financing activities

(c) The depreciation expenses are added in the net income whereas the bond premium amortization is to be deducted from the net income. These both items have come under operating activities

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3 years ago

Cindy goes to the lumber yard to buy lumber for a deck that she is building. She tells the salesperson at the lumber yard that s

aivan3 [116]

Answer:

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3 years ago