Answer:
C. Prices in the country Increase
Explanation:
Inflation describes the general increase in prices in a country over time. Prices tend to rise with the increase in economic growth. A high economic growth rate implies that prices will increase at a high rate.
The Inflation rate is measured by assessing changes in the prices of products and services representing people's consumption. A rise in the inflation rate indicates a general increase in prices.
Ok I did and can you help me pls woth some questions
Answer:
D.
an income tax rate cut
Explanation:
Fiscal stimulus programs are government policies aimed at accelerating growth in times of recessions. The government adjusts its spending or tax rates to influence the economy's direction. A stimulus is meant to increase output and increase income.
An income tax rate cut increases the amount of disposable income of consumers. An increase in disposable incomes boosts consumer spending, which results in increased demand. Firms in the service and manufacturing industries will respond to the rise in demand by increasing production. A rise in output creates employment opportunities.
Answer:
Basic EPS=$1.08
Explanation:
Basic EPS= Net income after tax-preferred shares' dividend/Weighted average of outstanding shares
Net income after tax=$360,000*.7=$252,000
Dividend to preference shareholders=20,000*1.8=$36,000
Weighted average shares outstanding=200,000
Basic EPS=($252,000-$36,000)/200,000
Basic EPS=$1.08
