Price inelastic. If the percentage change in quantity demanded is less than the percentage change in price, demand is said to be price inelastic, or not very responsive to price changes.
Answer:
Explanation:
Answer
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Answer:
$1,440
Explanation:
Judy is not a dependent relative of Kaelyn, therefore the expenditures are qualified up to $6,000 (for two qualifying persons).
Thus the applicable percentage is 24%.
($6,000×24%)
=$1,440 allowable credit
Therefore the amount of Kaelyn's child and dependent care credit if her AGI for the year was $36,600 will be $1,440
Answer:
11.16%
Explanation:
Calculation for What nominal rate of return did she earn
Nominal rate of return= ($26.45 + 1.34 − 25) / $25
Nominal rate of return= 0.1116*100
Nominal rate of return=11.16%
Therefore the nominal rate of return that she earn is 11.16%
