Answer:
C. More than 40 percent of the residents support the increase
Explanation:
Options includes "A. More than 90 percent of the residents support the increase. B. Fewer than 10 percent of the residents support the increase. C. More than 40 percent of the residents support the increase. D. More than 60 percent of the residents support the increase. E. Fewer than 25 percent of the residents support the increase."
As 95% confidence interval is (0.46,0.52) therefore actual proportion lies in between 0.46 to 0.52. Therefore the actual proportion of people who support the increase is surely greater than 0.40 Therefore more than 40% residents support the increase. Therefore the option (c) is correct.
Answer:
$39,220
Explanation:
The maturity value of the note receivable on June 30, 2012
= Principal + Interest
= $40,000 + $40,000 x 6%
= $40,000 + $2,400
= $ 42,400
The note is discounted on September 30, 2011. Time period remaining to go till maturity as on September 30, 2011
= 12 - 3 months ( July, Aug and Sep)
= 9 months.
Amount of deduction
= $ 42,400 x 10% x 9/12
= $ 3,180
Finally, the Cash received by Ireland will be
= Maturity value - Discount
= $42,400 - $ 3,180
= $39,220
Answer: $175,000
Explanation:
Vern's depletion deduction for 2020 will be calculated thus:
= (Cost - Salvage value) / (Estimated Number of units × Number of units extracted
= 3500000/500000 × 25000
= 7 × 25000
= $175000
Therefore, Vern's depletion deduction for 2020 is $175000
Answer: Option a
Explanation: In simple words, the value of effort and time (or economic cost of effort and time) which individuals spend by keeping less money to offset the inflation tax they pay on cash holdings whenever higher inflation occurs is called shoe leather cost.
Increased cost of shoe-leather is one of the inflationary impacts. In a time of high inflation, individuals are discouraged from keeping large sums of money because their worth is rapidly deteriorating compared to the economy's increasing prices.
Answer:
d. are fiat money and gold coins are commodity money.
Explanation:
Fiat money is by definition the money whose value is imposed by the state (not real commodity in itself, just paper with state imposing its value) and is the international reference for trading, like the US dollar (or maybe euro or yen). Commodity money are actual commodities used as money, like gold (could be also silver)