Answer: Option (A) is correct.
Explanation:
If the government wishes to increase the level of real GDP, it might reduce <u>Taxes.</u>
This is due to the fact that if government reduces the transfer payment, size of budget deficit or its purchases of goods and services then as a result the level of real GDP deceases because of lower aggregate demand for the product.
Now, if government reduces the taxes, this will increase the individual's disposable income. So, this will results in higher aggregate demand and hence, increases the level of real GDP.
Which of the following is true?
b.
net cash flow + cash outflow = cash inflow
Total Cash Inflow is basically Cash Reciepts, Cash inflow from Sale of Assets and the like. Cash Outflow refers to Expenses paid, Assets purchased etc. Net Cash flow is basically the difference between Cash Inflow and Cash Outflow, It could be negative if outflow is more than inflow and positive if inflow is more than outflow.
Observing the above explanation, B Seems like the correct Option.
Answer:
4%
Explanation:
The property tax rate required in the given question shall be determined through the following mentioned formula:
Property tax rate=[(Budget expenditure-Non property tax income)/Assessed value of the all properties-Total exemption)]
Based on the above formula:
Property tax rate=[($108 million- $50 million)/($2,000 million-$550 million)]
Property tax rate=$58 million/$1,450 million
Property tax rate=4%
Answer:
Instructions are below.
Explanation:
Giving the following information:
Jill:
Weekly deposit= $96.15
The number of weeks= 30*52= 1,560
Interest rate= 0.098/52= 0.00189
Joe:
Annual deposit= $5,000
Number of years= 30 years
Interest rate= 9.8%
To calculate the final value of Jill and Joe, we need to use the following formula:
FV= {A*[(1+i)^n-1]}/i
A= weekly/annual deposit
<u>Jill:</u>
FV= {96.15* [(1.00189^1,560)-1]} / 0.00189
FV= $916,853.88
<u>Joe:</u>
FV= {5,000*[(1.098^30)-1]} / 0.098
FV= $791,953.50
