b. shortage of loanable funds and the interest rate will fall. c. surplus of loanable funds and the interest rate will rise. d. shortage of loanable funds and the interest rate will rise. 3. Suppose that the nominal interest rate was 3 percent and the inflation rate was 1 percent.
Computation of income tax expense based on taxable income. Computation of deferred income tax based on temporary and permanent differences. 2. (TCO 1) Which of the following usually results in an increase in a deferred tax liability? (Points: 5) Accrual of estimated operating expenses Revenue collected in advance Prepaid operating expenses Accumulated depreciation.
e. Which price index rises faster, the GDP deflator (Paasche) index or the fixed-weight index (Laspeyres) index 1 Question 3 (20 marks) . . Suppose that an economy’s production function is = . a. What fractions of income do capital and labor receive?
c. Checkable deposits expand by $3,750, but currency in circulation falls by $750. The money supply expands by $3,000. d. Checkable deposits expand by $6,000, but currency in circulation falls by $600. The money supply expands by $5,400. 10.
Variable = v=how many minutes she over used… b. T=total money spent a month t=55m+.10v m=1 c. 58.50-55=3.50 3.50/.10=35 v=35 d. 35 minutes (6 points) |Score | | | 3. Andrea wants to deposit money into a bank account that earns 2.5% simple interest. Use the formula to find the amount of money that she should deposit so that she earns $2500 after 4.5 years. Show and explain your work. Answer: Her first deposit would be around 100,000
Change in the price level B. Increase in aggregate supply C. Increase in aggregate demand D. Decrease in aggregate demand 3. Which combination of fiscal policy actions would most likely be offsetting? A. Increase taxes and government spending B.
Paid $1,200 down and the balance was placed on account. Payments will be $400.00 per month for nineteen months. The first payment is due 8/1. Note: Use Accounts Payable for the Balance Due. July 8 Purchased landscaping supplies from Lakeside Company on credit, $780.
270). Expansionary fiscal policy raises interest rates, whereas contractionary fiscal policy lowers the rates. The way that a person can track the policy that is recommended, is by looking at the output. If it has increased, the price level of such commodity is to rise as well. When there is a larger demand for more expensive commodities, the demand for money increases and the cost to borrow follows.
Expenses associated with Jeremy’s store include $40,000 in salary (and employment taxes) to employees, $45,000 of cost of goods sold, and $18,000 in rent and other administrative expenses. b. As a salesperson, Alyssa incurred $2,000 in travel expenses related to her employment that were not reimbursed by her employer. c. The Johnsons own a piece of investment real estate. They paid $500 of real property taxes on the property and they incurred $200 of expenses in travel costs to see the property and to evaluate other similar potential investment properties.
At (L, W), this is where the market ordinarily clears. However, under the imposed legislation, WM, there is now a disparity between labour demanded and labour supplied. The difference, LM – L, is the disemployment that results from the firm facing an increase in input cost. The geometric triangle “ABC” defines the aggregate income lost from the lost work hours as a result of legislation. Data & Interpolation From here, the value of the legislation will be extracted first in terms of incidence of minimum wage workers across different categories.