Answer:
on average, each dollar will be spent five times a year.
Explanation:
Based on the information given it can generally be concluded that ON AVERAGE, EACH DOLLAR WILL BE SPENT FIVE TIMES A YEAR reason been that nominal GDP of the amount of $4,000 billion Divided by $800 billion which is the amount of money that was demanded for transactions purposes will give us 5 indicating that on average, each dollar will be spent five times a year.
Calculated as:
nominal GDP /Money demanded
=$4,000 billion/$800 billion
=5
Therefore it can generally be concluded that on average, each dollar will be spent five times a year.
Answer:
Pre-tax = 17.62%
After tax = 12.60%
Explanation:
The pre-tax return is determined by the difference from selling and purchase price, added to received dividends, and then divided by the purchase price:
For the after-tax return rate, correspondent dividend and long-term capital gains taxes should be considered:
![R_{AT} = \frac{[(117-101)*(1-0.30)]+[1.80*(1-0.15)]}{101}\\R_{AT} =0.1260=12.60\%](https://tex.z-dn.net/?f=R_%7BAT%7D%20%3D%20%5Cfrac%7B%5B%28117-101%29%2A%281-0.30%29%5D%2B%5B1.80%2A%281-0.15%29%5D%7D%7B101%7D%5C%5CR_%7BAT%7D%20%3D0.1260%3D12.60%5C%25)
Answer:
Relationship selling involves mutual respect and trust among buyers and sellers, and focuses on creating long-term customers, not a one-time sale.
Answer:
Openness, equality, creativity and flexibility
Explanation:
This is an example of material symbols
It is to convert into or express in the form of currency.
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