Answer: Nominal GDP values production at current prices, whereas real GDP values production at constant prices.
Explanation;
Nominal GDP calculates the total output in the Economy based on the current prices of commodity which means that it will include inflation.
Real GDP on the other hand removes the effect of inflation by basing the GDP on the prices in a base year which is not usually the current year thereby eliminating the effect of inflation and using constant pricing. Real GDP is therefore better for comparison over the years.
Answer:
Her net pay for the month is $6274.522
Explanation:
The computation of net pay is calculated by applying an equation which is shown below:
Net pay = Total pay - fica tax for social securtity - fica tax for medical care - federal income tax
where,
total pay is $8,738
fica tax for social security = total pay × fica tax rate for social security
= 8,738 × 6.2%
= $541.756
fica tax for medical care = total pay × fica tax rate for medical care
= 8,738 × 5.4%
= $471.852
And, federal income tax is $1449.87
So, the net pay is equals to
= $8,738 - $541.756 - $471.852 - $1449.87
= $6274.522
The suta tax rate would not be considered as full information is not given in the question. So, this part should be ignored.
Hence, her net pay for the month is $6274.522
Answer:
<em>Phishing</em>
Explanation:
Phishing is a cyber attack, in which hackers and other criminals try to gather personal data like passwords, photographs, money, access to cloud files, etc. via deceptive emails with links, sent to thousands and thousands of people.
If Jane clicks and provides her passwords, and other personal information into a form, trusting it is a legitimate bank , then She may lose all her money and have many other problems like a cloned credit card, privacy, etc.
Given that $4800 is invested at the rate of 10.8% in 20 years, the future value of the money will be:
A=P(1+r/100)^n
where:
A=future amount
P=principle=$4800
r=rate=10.8%
n=time=20 years;
Thus
A=4800(1+10.8/100)^20
A=$4800(1.108)^20
A=$37,328.15
Thus the amount after 20 years will be $37,328.15
Answer:
The value of this stock today should be $6.22
Explanation:
The company will start paying dividends 2 years from today that is at t=2. The dividends received 2 years from today can be denoted as D2. The constant growth model of DDM will be used to calculate the price of this stock at t=2 as the growth rate in dividends is constant forever.
The price at t=2 will then be discounted back to its present value today to calculate the price of this stock today.
The price of this stock at t=2 will be,
P2 = D2 * (1+g) / (r - g)
P2 = 0.6 * (1+0.04) / (0.12 - 0.04)
P2 = $7.8
The value of this stock today should be,
P0 = 7.8 / (1+0.12)^2
P0 = $6.218 ROUNDED OFF TO $6.22
