Answer:
$17,163.86
Explanation:
to calculate how much J&J Enterprises will receive, we need to determine the present value of one bond:
present value = future value / (1 + interest rate)ⁿ
- future value = face value = $1,000
- interest rate = 8%
- n = 20 years
present value = $1,000 / (1 + 8%)²⁰ = $1,000 / 1.08²⁰ = $1,000 / 4.66 = $214.55 per bond x 80 bonds = $17,163.86
Answer:
Cheese is a complement for hamburgers. If the price of hamburgers rises, the quantity of hamburgers demanded will <em>fall</em>, which will lead to a <em>fall in the demand</em> for cheese, as cheese and hamburgers are complements to each other. A rise in price of a complementary good will lead to a fall in demand for the complementary good as well. Because of the change in <em>demand</em> for cheese the equilibrium quantity of cheese will <em>fall</em> and the equilibrium price for cheese will also <em>fall</em>, the demand for milk by cheese producers will <em>decline</em>, causing the equilibrium price of milk to <em>fall</em>. This means producers of butter face <em>lower</em> input prices and the supply of butter will <em>rise</em>. The resulting <em>decline</em> in the price of butter causes people to substitute <em>jam for butter</em>, so the demand for jam will <em>decline</em>.
Answer:
$46,000.
Explanation:
To know the retained earnings at the end of 2015, we first need to calculate how much dividend the company will pay to its shareholders then add up the net income in 2015 to the remaining of retained earning at the end of 2014 (after paying 2014's dividend at Mar 2015) to get retained earnings at the end of 2015.
Total dividend in on Mar 2015 = 0.7 x 100,000 = 70,000
Retained Earning at the end of 2015 = 94,000 - 70,000 + 22,000 = 46,000.
Answer:
The answers are:
- A) Government tax revenue minus the sum of government purchases and transfer payments to households.
- B) a budget surplus
Explanation:
The formula to calculate public saving is (T - G - TR).
- T stands for all the government revenue through taxes and tariffs.
- G stands for all the government spending including purchase of goods and provision of services.
- TR stands for all the government transfers including payments to individuals and households through social programs (including social security).
Budget surplus is the same as public saving.
I think the answer would be c
