Answer:
Expansionary fiscal policy; lead to a budget deficit
Explanation:
A balanced budget is when the income of the government equals government's spending
A recession is when the GDP of a country for two consecutive quarters is negative. It is a period of slowdown in economic activities.
If there is a recession, the government would want to increase money supply by conducting an expansionary fiscal policy but would be prevented from doing so because of the balanced budget rule as an expansionary fiscal policy would lead to a budget deficit.
A budget deficit is when government spending exceeds income
Funds are created when individuals or organizations contribute resources to trust with the agreement that principal and/or income will be used to benefit individuals or private organizations in a Private-Purpose trust.
A funding fund is a manner of investing money among different traders so one can enjoy the inherent benefits of operating as part of a group such as decreasing the dangers of the funding by a massive percentage.
A fund is a pool of money set apart for a particular reason. The pool of cash in a fund is frequently invested and professionally controlled which will generate returns for its traders. A few not unusual styles of price range include pension budget, coverage funds, foundations, and endowments.
The primary assets of investment are retained profits, debt capital, and fairness capital. Groups use retained earnings from enterprise operations to amplify or distribute dividends to their shareholders. Corporations increase the budget by means of borrowing debt privately from a bank or via going public (issuing debt securities).
Learn more about Funds here brainly.com/question/25887038
#SPJ4
The correct answer is - E<span>nglish is now the second language of at least one-sixth of the nations restaurant workers, and about one-third of that group speaks no English at all.
Logos is a rhetorical appeal that authors use in order to persuade people to believe them. Logos is based on logic, on facts, or proof, and there is proof to support this claim about English, whereas the other sentences aren't really there to prove anything.
</span>
Answer:
Kd = 7%
Ke = D1 + g
Po(1 - FC)
Ke = $2 + 0.09
$40(1 - 0.15)
Ke = $2 + 0.09
$34
Ke = 0.1488 = 14.88%
WACC = Ke(E/V) + Kd(D/V)(1-T)
WACC = 14.88(60/100) + 7(40/100)(1 - 0.40)
WACC = 8.928 + 1.68
WACC = 10.6%
Explanation:
In this case before-tax cost of debt is given. Cost of equity is expected dividend divided by current market price after flotation cost plus growth rate. WACC is calculated as cost of equity multiplied by the proportion of equity in the capital structure plus after-tax cost of debt multiplied by proportion of debt in the capital structure.