<span>Contractionary fiscal policy that reduces the budget deficit may INCREASE Business investment by REDUCING interest rates
when interest rates is low, people will feel ENCOURAGED to borrow some money from the bank and invest in the business because they will have lower amount to return.</span>
Answer:
Jerry's gain on the sale= $28,500
Explanation:
When Jerry sells his interest in JJM to Lucia his basis ($54,250) is what he owes and will be taken out of the proceeds he will get for selling his interest in the company.
Therefore
Jerry's gain on the sale= Amount of sale- Jerry's basis
Jerry's gain on the sale= 82,750- 54,250
Jerry's gain on the sale= $28,500
Answer:
$250,000
Explanation:
50,000 units × $5 per unit = $250,000
Is to boost sales of a product by creating demand. Doing this draws new customers and keeping the ones they already have
