The correct answer is A.
GDP consists of all FINAL goods and services, and the only way it can be measured is through market prices.
Based on the information given, it should be noted that the amount of William's pension distribution that is taxable is $30000.
From the information given, William is a retired single taxpayer and he received a monthly pension of $2,500 ($30,000 annually). He did not contribute any after-tax dollars to the plan.
It should be noted that pension is counted as a regular income for tax purposes. Therefore, the pension that'll be received by William will be a taxable income
Therefore, the taxable amount will be $30000.
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Answer:
$764,400
Explanation:
Given that,
Net income under variable costing = $772,200
Beginning inventories = 7,800 units
Ending inventories = 5,200 units
Fixed overhead per unit = $3
Net income under absorption costing:
= Net income under variable costing - [(Beginning inventories - Ending inventories) × Fixed overhead per unit]
= $772,200 - [(7,800 - 5,200) × $3]
= $772,200 - $7,800
= $764,400
Answer:
The answer is: A) is the sum of all individual demand curves.
Explanation:
By definition the market curve is the sum of all individual demand curves in a market. It shows the total quantity of goods that consumers demand (are willing and able to purchase) at varying price points. Usually the curve shows a downward slope since consumer demand decreases as the price of a good increases.
Answer and Explanation:
The computation is shown below:
a. Real interest rate is
= Nominal interest rate - inflation rate
= 1% - 3%
= -2%
2. The number of years is
We have to use the rule of 70 for doubling the investment
= 70 ÷ annual interest rate
= 70 ÷ 1.75%
= 40 years
We simply applied the above formula so that the correct value could come
And, the same is to be considered
