Answer:
How to calculate tax liability from taxable income
Explanation:
Your taxable income minus your tax deductions equals your gross tax liability. Gross tax liability minus any tax credits you're eligible for equals your total income tax liability. hope this helps you :)
Answer:
The correct answer is letter "D": Closing purchase.
Explanation:
Traders buy back an asset that was previously purchased to close that position. In such cases, traders have a short position of the asset, which implies they are expecting the price of the asset to go down to make a profit. When talking about options, the option buyback allows the trader to exit the position closing the purchase.
Answer: Economic perspective is when an issue is considered been affected by the economy or the economy affecting the issue when making a decision. This decisions making are described as follows;
Scarcity; Available resources can only be used for only one purpose at a time, that means choice has to be made. Because I choice must be made, decision making has to be considered. Scarcity and choice goes together.
Opportunity cost; The cost of any activity,goods or services is the absolute value of what must be given up to obtain it. That means a decision for the value to be given up as cost, to get a goods, services or activity should be weighed.
Utility; this is the satisfaction derived from the consumption of a goods or services. Before a satisfaction can be achieved, a value must be given up to achieve such satisfaction, a decision of the value to be given up compared to the satisfaction should be weighed
Marginal analysis; any option considered in decision making weigh the marginal benefit against the marginal cost, where marginal means extra, additional, or a change in. Therefore the marginal cost of an action should not exceed it's marginal benefits. Whether the decision is personal or one made by business organization or government, the principle is always the same.
Purposeful behaviour; people always weigh costs and benefits in a way to maximize satisfaction with their decision. They should be a rational self-interest, which will lead to achieving maximum utility in decision making.
A subsidized direct loan is the loan that provides interest subsidy because the department of education (ed) pays the interest while you're in school, during your grace period and during deferment.
<h3>What is a
subsidized direct loan?</h3>
These are direct loans that are made eligible to undergraduate students who are in need of help to cover the costs of higher education.
It is also one that provides an interest subsidy because the department of education (ed) pays the interest while you're in school, during your grace period and during deferment.
Read more about subsidized direct loan
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Answer:
D) Monetary, fiscal
Explanation:
The Fed's dual mandate is to first promote a strong economy, but at the same time it must promote maximum employment, stable prices and moderate long term interest rates.
Monetary policy is carried out by the Fed through open market operations where it purchases or sells US securities, decreasing or increasing interest rates, and increasing or decreasing the money supply.
But if the interest rates are near 0, then the actions of the Fed are very limited regarding an expansionary monetary supply that would boost the economy and lower unemployment. There is basically no more room for lowering the interest rates.
So that means that the government must modify its fiscal policy to try to boost the economy. The government can either by increase spending, decrease taxes or a mixture of both. In this particular case, the Chairman of the Fed favors lowering decreasing taxes.
