The answer is D. Payday Loans
Both credit cards and payday loans have a high interest rates, but payday loans seems a little bit higher
Credit Cards interest Rates in U.S : 7 - 36 %
Payday Loans : 12 - 30 %
Answer:
Value Added = Value of Output - Intermediate Consumption = Final Goods . Value
Explanation:
This can be explained with an example:
A produces flour & sells it to Grocer for Rs 100. Grocer produces Wheat & sells it to Baker for Rs 150. Baker produces bread & sells it to Consumers for Rs 200.
Value of Final Product (Used by end consumers) i.e Bread = Rs 200.
However if considering total Value Of Output including all value added at each stage = 100 + 150 + 200 = 450. This is Overestimated value of Final product Bread, because of 'Double Counting' - Grocer's wheat includes the intermediate good (good purchased for further resale/reprocessing) value of flour and Baker's bread includes value of Wheat & flour intermediate products both.
This problem can be solved by: Calculating Value Added (by subtracting intermediate consumption) at each stage & then summing it to get the Final good value.
In this case: Farmer's Value Added = VO - IC = Flour Value - 0 = 100 .
Grocer's Value Added = VO - IC = Wheat - Flour Value = 150 - 100 = 50
Baker's Value Added = VO - IC = Bread - Wheat Value = 200 - 150 = 50
Adding value added by all these 3 we get , 150 + 50 + 50 = 200 i.e equal to final good bread value 200.
The answer is A) Raising taxes
The Constitution of 1789 gives the Federal Government authority to raise and levy taxes in all of the States in America.
It comes under the General Welfare Clause and gives complete authority to impose and collect taxes.
It prohibits separate State taxation IF it hinders inter State and International trading. It also prohibits each State from setting up independent import and export duties without the approval of the Federal Government, that is, the Congress.
It requires all tax revenue bills to originate solely from the House of Representatives.
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Answer: see attachment
Explanation:
Attached below is a table prepared in answer to the question
Answer:
The target direct materials ending inventory is the correct answer.
Explanation: