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Ratling [72]
3 years ago
12

Devon had a starting balance of $54.00 in his savings passbook. He made these transactions: deposits of $54.87 and $86.35; withd

rawals of $45.00 and $27.50; interest $2.50. What is his final balance
Business
1 answer:
Zielflug [23.3K]3 years ago
5 0

Answer:

$125.22

Explanation:

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Scenario: Fiscal Policy Consider the economy of Arcadia. Its households spend 75% of increases in their income. There are no tax
nika2105 [10]

Answer:

less than the government spending multiplier

Explanation:

Given :

Percentage spends  by a households for the increase in the income = 75%

So the mpc = 0.75

Potential output = 600 billion arcs

The government multiplier is = $\frac{1}{1-0.75}$

                                                $=\frac{1}{0.25}$

                                                = 4

The tax multiplier is = $\frac{c}{1-c}$

                                 $=\frac{0.75}{0.25}$

                                 = 3

Thus we see that the tax multiplier is less than the government spending multiplier.

7 0
3 years ago
Explain how a school's published price (also known as<br> sticker price) and net price differs.
miv72 [106K]

Answer:

Sticker price is the published tuition and fees whereas net price is what the student pays after financial aid (much lower than sticker price).

Hope this helped! :)

5 0
3 years ago
A small business owner has two employees but each employee has a separate cash register drawer. this situation can be viewed as
Tanzania [10]
When a small business owner has two employees but trusts each one to have their own cash register and handle the money of the business separately, that means that the owner supports the establishment of responsibility. One instance where this could happen is at a small deli or coffee shop.
5 0
3 years ago
Read 2 more answers
According to the expectations theory of the term structure the interest rate on long-term bonds will exceed the average of short
Fiesta28 [93]

Answer:

c. interest rates on bonds of different maturities move together over time.

Explanation:

"When riding the yield curve, an investor will purchase bonds with maturities longer than the investment horizon and sell them at the end of the investment horizon. This strategy is used in order to profit from the normal upward slope in the yield curve caused by liquidity preferences and from the greater price fluctuations that occur at longer maturities."

Reference: Chen, James. “Riding the Yield Curve.” Investopedia, Investopedia, 25 July 2019

8 0
3 years ago
Create a hypothesis for why homeowners insurance continues to increase
daser333 [38]

Answer:

Inflationary clauses in your insurance policy allow for the rising costs of building and associated labor. The cost of building materials such as wood, metal and cement increases each year. Likewise, if the cost of replacing your home increases, chances are your insurance costs will also increase. While that may be good news if you experience a loss, it'll be reflected in your monthly or yearly insurance premiums.

Explanation:

6 0
2 years ago
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