Answer:
$283,005
Explanation:
The computation of the additional money that she deposited now is shown below:
As we know that
Future value = P × FV (7%, 8 Years)
Here
Future value = $1,005,500,
P represent the deposited amount
and FV (7%, 8 Years) is the future value (FV) of $1 at 7% for 8 years. Its value is to be determined from future value table.
From the table, the value of FV (7%, 8 years) is 1.7182.
Now
$1,005,500 = P × 1.7182
P = $1005500 × 1.7182
P = $585205
Now
The Additional deposit amount is
= $585,205 - $302,200
= $283,005
When the price of foreign inputs falls, the U.S. SRAS curve option (b)i.e, shifts rightward; which tends to reduce the U.S. price level.
<h3>
What is the SRAS curve?</h3>
We can understand how each firm in an economy reacts to price stickiness using the short-run aggregate supply curve (SRAS). The SRAS curve will have an upward slope when prices are stable. According to the SRAS curve, more output results from higher price levels.
The cost of labor, or wages, and the price of imported commodities that we use as inputs for other products are two other significant variables that may cause the SRAS curve to change in addition to energy prices.
A higher level of productivity causes the SRAS curve to move to the right because businesses can produce more output at all price points.
To know more about SRAS curve refer to: brainly.com/question/16909327
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Answer: b. Yes; No
Explanation:
The Government Accounting Standards Board (GASB) is simply a non-governmental organization which is private that helps in the creation of accounting reporting standards, for both states in the United States and the local governments.
Under GASB standards, financial information useful for assessing operational accountability is primarily reported in the Government wide financial statements and not the Fund Financial statements.
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