Answer: True. When inflation was expected to be high and it turns out to be low, wealth is redistributed from debtors to creditors.
Explanation: If inflation is high, money is not moving as it normally would in a low inflation time. When inflation is low, money is moving more freely (people are spending) to the debtors and the creditors. Inflation refers to the increase in prices and fall in the purchasing value of money.
Answer:
Answer: To protect inner layers
Explanation:
Just took the test and it told me the correct answer
It is False. :) Without your learners you can not receive a motorcycle endorsement.
Answer:
$10 million
Explanation:
Yeager's current liability for 2018 = $25 million x 40% = $10 million
deferred tax liability = ($32 million - $25 million) x 40% = $2,800,000
Deferred tax liabilities occur due to differences between US GAAP accounting rules and the rules used by the IRS to determine current income. The most common source of deferred tax liabilities is depreciation, and the different methods for expensing depreciation or even bonus depreciation.