Answer:
In simple words, Asset transformation can be understood as the process of turning small denominational, instantly available, and generally riskless deposit accounts into lenders moderately risky, high denomination assets that are returned according to a specified schedule–from obligations (deposits) with distinct traits.
Answer and Explanation:
Given that this is a second price bid auction whereby the second highest bid is the price that the highest bidder pays for the item up for auction sale, so that b1>b2 then b1 gets item for the price of b2.
Truthfulness of true value is the dominant strategy here which means each player should aim to be truthful with their bid regarding their true value regardless of what other bidders are bidding. Therefore truthfulness of value is the optimal strategy with the best payoff for bidders
Answer:
C
Explanation:
The answer is c Have a look at the procedure ..
Answer:
False
Explanation:
The two sides are DEBIT and credit.
Answer:
Self employment tax will be $24000
So option (e) will be correct option
Explanation:
We have given that earning from outside consulting service = $30000
Deductible amount paid in connection with consulting service = $6000
We have to find the self employment tax
Self employment tax is the difference of earning from outside source and deductible amount
So self employment tax = $30000 - $6000 = $24000
So option (e) will be correct option
