Answer:
<em>OPTION(C) is correct</em>
Explanation:
According to UCC, the product should be delivered to <em>refined's place of business.</em>
Because as we know that UCC makes written contract by the will of both the sides who are making deal to prevent fraud. <em>But, as we know that during the deal the place of delivery is not been fixed </em><em>to prevent fraud, </em><em>the delivery of the product should take place at refined's place of business.</em>
Answer:
Increased government spending will be less effective for raising the Marginal Propensity to Consume.
Explanation:
The Marginal Propensity to Consume depends on disposable income, and disposable income is the money that individuals have after paying tax.
If the government increases spending, it will also increase taxes to finance spending, and if taxes are higher, people will have less disposable income, and even if their marginal propensity to consume increases, because they now have less money, the will spend less in total.
Answer:
D. 15 percent
Explanation:
Cost of the machine = $2,000
Having considered operating costs as power, taxes, and so forth, the additional revenue from the output of this machine is expected to be $2,300
Expected return = $2,300 - $2,000
= $300
Therefore, the rate of returns
= Returns/cost
=300/2000
= 0.15
In Percentage, 15%. The expected rate of return on this machine is 15%
<u>Solution and Explanation:</u>
GDP is calculated as follows:
Y = C + G + I + NX
where
C = Consumption
G = Government Expenditure
I = Investment
NX = Net Exports
It is mentioned that in 2015, GDP was 50 million and in 2016, it was 48 million without any change in the factors except NX. It means the net exports that is the difference between export and the import of the country has changed and it has fallen by 2 million.
Answer:
Gross bonus=$1,148.54
FIT=252.68
OASDI=71.21
HI =16.65
MASS. TAX=58.00
Explanation:
Calculation for the withholding taxes and the gross amount of the bonus
Calculation for gross amount of the bonus
Gross amount of the bonus= [$750/ (1- 0.22 - 0.062 - 0.0145 - 0.0505] - 0.01
Gross amount of the bonus= [$750/ (0.78 - 0.062 - 0.0145 - 0.0505] - 0.01
Gross amount of the bonus= [$750/ 0.653] - 0.01
Gross amount of the bonus=1,148.545-0.01
Gross amount of the bonus=$ 1,148.54
Therefore the Gross amount of the bonus will be $ 1,148.54
Calculation for the withholding taxes
FIT =1148.54 * 22%
FIT=252.68
OASDI= 1148.54 * 6.2%
OASDI=71.21
HI=1148.54 * 1.45%
HI =16.65
MASS. TAX =1148.54 * 5.05%
MASS. TAX =58.00
NET 750.00
[$1,148.54-(252.68+71.21+16.65+58.00)]
Therefore the withholding taxes are:
FIT=252.68
OASDI=71.21
HI =16.65
MASS. TAX = =58.00
