The amount of tax revenue is $130 billion and teh governemnt budget balance is negative 10 billion
<u>Explanation:</u>
We are given
I = 130 billion, S = 110 billion, G = 120 billion, X = 210 billion and M = 220 billion, we need to derive tax revenue = T??
At equilibrium; S+T +M = I+X+G or
110 + T + 220 = 130 + 210 + 120 or
T + 330 = 460, implies tax revenue (T) = $130 billion
the government budget is calculated as follows:
Government budget = G-T = 120 minus 130 = -10 billion
Answer:
Owners are not required to pay it to foreign workers.
Explanation:
Owners must pay it to any worker regardless of its nationality.
The banking system in the United States is referred to as a fractional reserve bank system because banks hold a fraction of deposits on reserve.
The Reserve bank of India chiefly referred to as RBI is India's valuable financial institution and regulatory frame chargeable for the regulation of the Indian banking gadget. It is below the possession of the Ministry of Finance, authorities of India. It's miles chargeable for the manipulation, difficulty, and maintaining delivery of the Indian rupee.
The reserve bank acts as a regulator and supervisor of the general financial system. This injects public self-belief into the countrywide economic gadget, protects hobby costs, and gives wonderful banking alternatives to the general public. Subsequently, the RBI acts as the company of countrywide forex.
The Federal Reserve Banks are installed like private corporations. Member banks keep stock inside the Federal Reserve Banks and earn dividends.
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Answer:
false
Explanation:
The United States government do make some monies available to individuals or organisation in the form of grants, for the achievement of set purposes or goals. Not everyone or organisation can be eligible for all the available grants at any time. People are expected to look through various application processes to know if they are legally eligible to apply for any grant in order to avoid wasting their time and money during application.
Answer: an increment in profit $1615
Explanation:
2700 pounds of Banana
Total cost = $864
If sold = $1485
When converted into bread $2565 and sold at the cost of $4480
Oven rentage = $300
What is the incremental effect on income if Publix converts the bananas to banana bread?
Sales Amount - Expenses incurred
= $4480 - $2565 + $300
= $4480 - $2865
= $1615
If he had sold the bananas
Sales amount - cost amount
= $1485 - $864
= $621
By converting the bananas to bread the incremental effect on income is it would yield more profits at $1615 compared to when sold at which is $621
