Answer: Check explanation
Explanation:
a. Since Amy bought the equipment for $3700 and sold the equipment for $690, the amount that Amy can deduct for the loss of the equipment will be:
= $3700 - $690
= $3010
b. Here, the amount that Army can deduct for the loss of equipment will be the lesser of the amount Amy bought the equipment which is $3700 or the cost of the repair which is $1370.
Therefore, $1370 will be deducted.
c. After the accident, Army could not replace the equipment so she had the equipment repaired for $4,300. What amount can Army deduct for the loss of the equipment?
Here, the amount that Army can deduct for the loss of equipment will be the lesser of the amount Amy bought the equipment which is $3700 or the cost of the repair which is $4300.
Therefore, $4300 will be deducted.
Answer:
The correct answer is C. If aggregate demand and aggregate supply intersect on the vertical potential GDP curve; this indicates that the economy is at full employment.
Explanation:
Full employment indicates the condition in which all those who want a job have access to all the hours of work they need with "fair wages". As people change jobs, full employment means a stable unemployment rate around 1.2% of the total workforce, but does not allow for underemployment where part-time workers cannot find the hours they need to live with dignity.
In macroeconomics, full employment is sometimes defined as the level of employment at which there is no cyclical unemployment or low demand unemployment.
Full employment raises the levels of both supply, since there is full occupation of the providers of goods and services; and demand, since society in general has more money to spend on goods and services.
Answer:
Amount realized $6,453
Explanation:
The computation of the amount realized by Casey in the exchange is shown below:
Fair market value of the stock received $5,100
add: cash in transaction that qualifies for deferral under section 351 $835
Add: assumed mortgage $1,065
Less: selling expense -$547
Amount realized $6,453
A modification to a more expansionary monetary policy will usually expand output and employment in the short run but if the rapid monetary expansion perseveres the long run will be inflation. A rule by monetary the proven command to enlarge money supply and increase economic activity, mainly by charging interest rates low to reassure appropriating by companies, individuals and banks. An expansionary monetary policy can comprise quantifiable interpretation, whereby central banks safeguarding properties from banks. This has the result of dropping revenues on bonds and making inexpensive borrowing for banks. This in chance increases banks ability to offer to personalities and industries. An expansionary monetary policy also dangers ramping up price increases.
Answer:
C: 4
Explanation:
The computation of the payback period is shown below:
Incremental investment in truck 2 is
= $44,000 - $31,000
= $13,000
Now
Year Cash saving in cost Cumulative
1 -$1,000 -$1,000
2 $4,000 $3,000
3 $5,000 $8,000
4 $5,000 $13,000
5 $3,000 $16,000
6 $3,000 $19,000
7 $2,000 $21,000