The steps that should be followed to safely exit an expressway are:
1. Half a mile before the exit, you should check your front and rear zones for traffic.
2. Signal and move into the 3rd lane position that leads into the deceleration lane.
3. Move into the deceleration lane.
4. Flash your brake lights or push your brakes to turn on the brake lights to let other drivers know that you are slowing down.
5. Identify the ramp speed sign and use that speed to exit.
Answer:
Explanation:
Slope of Expenditure line = Marginal propensity to consume (MPC) + Marginal propensity to invest (MPI) + Marginal propensity to government purchases (MPG) - Marginal propensity to import (MPM).
Here, MPC = 0.8. But, since planned investment, government purchases and net exports (= Exports - Imports) are both fixed values, this means investment, government purchases and net exports (including imports) are autonomous expenditures, and therefore,
MPI = 0, MPG = 0 and MPM = 0.
Slope of expenditure line = MPC = 0.8
Answer: E.) Amount created by Single Bank $20,000 and Amount Created by Banking System $100,000
Explanation:
The required reserve ratio = 20%
Checkable deposit liabilities = $500,000
Reserve = $120,000
The required reserve refers to a designated percentage of a commercial bank's deposit which is the minimum that must be held by a commercial bank. Regulation is usuay pronounced by the central bank of the nation.
Banking system loan increase :
Reserve ratio × Checkable deposit liabilities
20% × $500,000 = 100,000
Commercial bank maximum
Reserve amount - required reserve amount
$120,000 - (0.2 × 500,000)
$120,000 - $100,000 = $20,000
Answer:
B
Explanation:
Year end - December 31,2018 (first account year)
Pretax Income - $640,000
Interest expenses ( $20,000)
Excess warranty expense add back $45,000
Excess depreciation deducted ($120,000)
Taxable income = $545,000
Tax rate = 40%
Income tax expense for 2018 = $545,000 * 40%
=$218,000
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