A developer buys a large tract of land and plans to develop several single family homes. To proceed, _____________

Helena is given a voucher that can be spent only on educational expenses. She has a budget constraint with educational expenses

ss7ja [257]

Answer: Helena will most likely end up spending some more money on everything else after receiving the voucher.

Explanation:

The budget constraint is used to shows the combinations of two goods which can be afforded by a consumer. A normal good is a good or product that when the income of the person rises,the demand for the product will also increase.

Based on the above information on the question, the correct answer is "Helena will most likely end up spending some more money on everything else after receiving the voucher".

This is because the voucher she was given can be spent only on educational expenses and her budget constraints comprises of educational expenses and everything else which is made up of normal goods. This means she'll still needs to get the normal goods later.

5 0

3 years ago

The relationship between wealth accumulation and risk tolerance is referred to as what?

kati45 [8]

The relationship between wealth accumulation and risk tolerance is referred to as empirical results.

The methodical and disciplined process of acquiring assets in order to accomplish specific important objectives is known as wealth accumulation. Without a defined objective, wealth growth is similar to wealth hoarding in that it increases tension and anxiety.

The degree of risk an investor is willing to take is known as risk tolerance. Investors are typically questioned in order to determine their risk tolerance. Assessing their time horizon, assets, and need for income could be part of this.

Risk tolerance typically rises as money increases but declines as people get older. Personal experience and local trust both have a big impact. For high-income households, this influence on risk tolerance is especially pronounced. Risk tolerance is not much impacted by current social security.

To learn more about Risk Tolerance refer to:

brainly.com/question/20701963

#SPJ1

4 0

2 years ago

Net domestic product (ndp) equals the output of the economy (gdp) ________ the depreciation of the nation's capital goods. this

dybincka [34]

<span>Net domestic product (NDP) equals the output of the economy (GDP) minus the depreciation of the nation's capital goods. This is an indicator of how much a nation must "invest" to continue that current GDP.

To solve for the NDP your equation would be:
NDP = GDP - depreciation
When you are finding the NDP of something, you are commonly referring to a house, vehicle or the life span of a machine. </span>

5 0

4 years ago

2. If an accrual is for an expense, the adjusting entry debits and __________ account and credits a(n) __________ account. asset

coldgirl [10]

If an accrual is for an expense, the adjusting entry debits and asset expense account and credit a liabilty.

<h3> What is an accrued expense?</h3>

Accrued expenses are expenses that are recorded as account payable under the current liabilities section and it is recorded as an expense in the income statement of a company or individual balance sheet.

Example of accrual accounts is accounts payable and receivable, and future interest expense.

Therefore, If an accrual is for an expense, the adjusting entry debits and asset expense account and credit a liabilty.

Learn more on accrued expenses from

brainly.com/question/13450378

5 0

2 years ago

Jeff Heun, president of Tamarisk Always, agrees to construct a concrete cart path at Dakota Golf Club. Tamarisk Always enters in

vivado [14]

Answer:

A) Determine the transaction price that Tamarisk Always should compute for this agreement.

total transaction price = contract price ($183,000) + expected value of the bonus

expected value of the bonus:

$37,200 x 50% = $18,600

($37,200 - $9,300) x 30% = $8,370

($37,200 - $9,300 - $9,300) x 20% = $3,720

total = $30,690

total transaction price = $183,000 + $30,690 = $213,690

B) Assume that Jeff Heun has reviewed his work schedule and decided that it makes sense to complete this project on time. Assuming that he now believes that the probability for completing the project on time is 83% and otherwise it will be finished 1 week late, determine the transaction price.

total transaction price = contract price ($183,000) + expected value of the bonus

expected value of the bonus:

$37,200 x 83% = $30,876

($37,200 - $9,300) x 17% = $4,743

total = $35,619

total transaction price = $183,000 + $35,619 = $218,619

3 0

3 years ago

A developer buys a large tract of land and plans to develop several single family homes. To proceed, ______________ is needed.