to spend less money The company has tried to cut costs in several areas.
<h3>What is
money?</h3>
Money is any commodity or verifiable record that is widely accepted in a given country or socioeconomic environment as payment for products and services and repayment of debts, such as taxes.
Money is defined as any good that is widely utilized and accepted in transactions involving the exchange of goods and services from one person to another. Economists distinguish three sorts of money: commodity money, fiat money, and bank money. Commodity money is a good whose worth serves as money's value.
Money is derived from the Latin word moneta, which means "coin," via the French monnaie. The Latin name is thought to have originated from a Juno temple on Capitoline, one of Rome's seven hills.
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If the unemployment rate is 10%, the relevant fiscal policy action would be to A. increase government spending.
<h3>Why should we increase government spending?</h3>
When government spending is increased, it would lead to more jobs in the economy as the government hires people for projects.
Unemployment would also decrease as companies hire more people to produce as they receive more demand based on the increased government spending.
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An inferior good is one for which an increase <span> in buyers income causes</span> a decrease in demand.
Hope this helps !
Photon
Answer:
The period of payback of the project is 2.30 years. Therefore, the correct answer is C
Explanation:
We will computing the Cumulative Cash Flow from Year 0 to Year 3
Cumulative Cash Flow Year 0 = Cash Flow of Year 0
= -$1,150
Cumulative Cash Flow of Year 1 = Cash Flow of Year 1 + Cash Flow of Year 0
= $500 + (-$1,150)
= -$650
Cumulative Cash Flow of Year 2 = Cash Flow of Year 2 + Cumulative Cash Flow Cash Flow of Year 1
= $500 + (-$650)
= -$150
Cumulative Cash Flow of Year 3 = Cash Flow of Year 3 + Cumulative Cash Flow Cash Flow of Year 2
= $500 + (-$150)
= $350
Now, Computing the Pay back period with the formula:
Pay back period = 2 + (Cumulative Cash Flow of year 2 / Cash flow of year 3)
= 2 + (-$150/ $500)
= 2 + 0.3
= 2.3 years
Answer:
The sales price of the appraised property is $26,400
Explanation:
The sales price of of the appraised property can be expressed as;
SA=(A/C)×SC
where;
SA=selling price of the appraised property
A=appraised rent per month
C=comparable rent per month
SC=selling price of the comparable property
In our case;
SA=unknown
A=$165 per month
C=$150 per month
SC=$24,000
replacing;
SA=(165/150)×24,000=$26,400
The sales price of the appraised property is $26,400