<span>The research on midlife crisis indicates that "Edgar is </span>unlike the average middle-aged adult".
A midlife crisis is a change of character and self-assurance that can happen in middle aged people, normally 45– 64 years old. This phenomenon is portrayed as a mental emergency realized by occasions that feature a man's developing age, inescapable mortality, and perhaps weaknesses of achievements throughout everyday life. This may produce sentiments of wretchedness, regret, anxiety and nervousness, or the want to accomplish energy or roll out intense improvements to current way of life.
Answer:
Aggregate demand (AD) refers to the total demand for goods and services in an economy in an economy at a given price level.
Components of Aggregate Demand (AD); Consumption (C), Investment (I), Government Spending (G) and Net Exports (X-M).
During the recession, the government can affect aggregate demand by increasing their fiscal expenditures and reduce taxation which is known as Fiscal policy.
Expansionary fiscal policy affects aggregate demand through an increase in government spending and a reduction in taxation. Those factors influence employment and increase household income, which then impacts consumer spending and investment
Fiscal policy determines government spending and tax rates. Expansionary fiscal policy, usually enacted in response to recessions or employment shocks, increases government spending in areas such as infrastructure, education, and unemployment benefits.
Explanation:
Answer:
A. double
Explanation:
Rule 70 is used to calculate the numbers of years it takes for an investment or variable to double in value given a certain growth rate. In this case, the variable is prices and the growth rate is inflation rate. It is calculated by dividing number 70 by inflation rate.
For example;
Assume inflation rate is 6%, the prices will double in ; 70/6 = 11.7 years
And if inflation is 2%, the prices will double in 70/2 = 35 years
Answer:
a. Particulars Amount
Pre-tax income for 2015 $683,500
Less: Income tax expenses <u>$205,050</u> ($683,500*30%)
Net Income for 2015 <u>$478,450</u>
<u />
b. Deferred tax liability = Temporary difference * Tax rate
= $165,500*30%
= $49,650
Income tax expense = Construction in process - Deferred tax liability
= $165,500 - $49,650
= $115,850
Date Account titles and Explanation Debit Credit
2015 Construction in progress $165,500
Deferred tax liability $49,650
Retained earnings $115,850
(To record deferred tax liability and retained earnings for 2015)
Learning effects occur when insights gained by employees enhance their work performance. Learning effects refer to the process by which knowledge or experience increases productivity and results in higher salaries. By gaining insights into how something can be done better and more efficiently, workers can increase their productivity and earn more wages simultaneously.