Answers
Answer:
a) This ratio is an expression of the Net Income over the Revenue. It shows that for every revenue generated, there is a net income of 25%. Every dollar in revenue gives ADNOC a net income of $0.25.
b) Using the ratio above to calculate the product cost:
It is not possible to use net income to revenue ratio to calculate the product cost. The product cost is made of costs of materials, labor, and factory expenses. These costs are directly identifiable to the product.
Unless we assume here that product cost is equal to the total cost.
Using the above assumption, the product cost will be 75% (100 - 25)%. This means, for every dollar in revenue, the all-inclusive product cost will be equal to $0.75.
Explanation:
a) Net Income is the result obtained after deducting all expenses, including product cost and the cost of doing business. The net income is also called the profit margin ratio.
Net Income Ratio is calculated by dividing the net income by the net sales. Net sales is calculated by subtracting any returns or refunds from gross sales. Net income equals total revenues minus total expenses and is usually the last number reported on the income statement
b) In costing, the product cost can be derived in many ways. There are product costs based on marginal costing, absorption costing, and total costing. The most relevant is the cost based on marginal costing.
Related Questions
If you contributed the full 6% of your $50,000 salary (the amount your company will match), what would be your monthly contribution to the 401(k)? What would be your employer’s contribution?
Answers
Answer:
Monthly contribution $6,000
Employers contribution $3,000
Explanation:
The employee contributions would be 6% of $50,000
=6/100 x $50,000
=0.06 x $50,000
=$3,000
If the employer matches the employee contribution, the employer will also contribute $3,000
The total employee monthly contribution would be $3000 + $3000= $6000
Employer contribution will $3000
You had seven different investment options in the game. The most diversified portfolio would include all of these various options. On average, should this diversified portfolio have the highest return? Why or why no
Answers
Someone, had seven different investment options in the game. The most diversified portfolio would include all of these various options. On average, should this diversified portfolio have the highest return are mutual fund.
What is investment?
An investment is a valuable item bought with the intention of increasing one's wealth. While stocks, bonds, and real estate are frequently included when discussing investments.
An investment option in the games is diversified portfolio are the different options such as mutual funds, bonds, and the stocks etc. But, the mutual funds are the highest returns in the future.
As a result, average, should this diversified portfolio have the highest return are mutual fund.
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What are examples of Information Technology careers?
Answers
Answer:
web developer
information security analyst
product safety engineer
computer user support specialist
computer programmer
some careers in information technology are listed below;
Computer TechnicianComputer EngineerWeb MasterProgrammerData ArtchiterComputer DesignerSoftware EngineerSoftware TrainerInformation technology TeacherIT ManagerMarket research can help you strategize your _______ and _______ goals.
Primary research is more _______ than secondary research.
Your first marketing priority is to find out if you can _______ your product or services.
The grouping of people for marketing purposes is called _______.
Once you find out what people want, there’s a need to know the _______ for their choices.
Answers
Market research can help you strategize your business and marketing goals.
Primary research is more specific and tailored to your specific needs than secondary research.
Your first marketing priority is to find out if you can sell your product or services.
The grouping of people for marketing purposes is called segmentation.
Once you find out what people want, there's a need to know the motivations for their choices.
Market research plays a critical role in shaping business and marketing strategies by providing valuable insights into customer preferences, market trends, and competitive landscapes. It helps in identifying target markets, understanding customer needs, and developing effective strategies to achieve business and marketing goals.
By conducting research, businesses can gather data and information to inform their decision-making and ensure that their goals are aligned with customer expectations and market opportunities.
Primary research involves gathering firsthand data directly from the source, such as through surveys, interviews, or observations. It is more specific and focused on the unique needs and objectives of a particular study. Secondary research, on the other hand, involves using existing data and information from published sources.
While secondary research provides a broader understanding of a topic, primary research allows for more control and customization of the research process to address specific research objectives.
When launching a new product or service, one of the primary marketing priorities is to determine if there is a demand for it in the market.
Market research helps in assessing the viability and potential success of a product or service by gathering insights on customer preferences, needs, and market conditions. This information enables businesses to make informed decisions about product development, positioning, pricing, and marketing strategies.
Segmentation is the process of grouping individuals with similar characteristics or behaviors into distinct segments for marketing purposes.
By segmenting the market, businesses can target specific groups that are most likely to be interested in their products or services. Market segmentation allows for more personalized and targeted marketing strategies, resulting in better customer engagement and increased marketing effectiveness.
Once businesses identify what people want through market research, it becomes crucial to understand the motivations behind their choices. This involves delving deeper into the underlying reasons, preferences, and factors that drive consumer behavior.
By understanding the motivations behind consumer choices, businesses can tailor their marketing messages, product features, and overall customer experience to better align with customer needs and increase the chances of success in the market.
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Antiques ‘R’ Us is a mature manufacturing firm. The company just paid a dividend of $11.60, but management expects to reduce the payout by 5.25 percent per year, indefinitely. If you require a return of 11 percent on this stock, what will you pay for a share today?
Answers
If you require a return of 11% on this stock, you would be willing to pay approximately $191.13 for a share of Antiques 'R' Us today.
To determine the current share price of Antiques 'R' Us, we can use the dividend discount model (DDM) which calculates the present value of future dividends.
Given:
Dividend just paid = $11.60
Dividend reduction rate = 5.25% per year
Required return = 11%
We need to find the present value of future dividends to calculate the current share price.
Step 1: Calculate the expected dividend in the next period:
Expected dividend in the next period = Dividend just paid × (1 - Dividend reduction rate)
Expected dividend in the next period = $11.60 × (1 - 0.0525) = $11.60 × 0.9475 = $11.007
Step 2: Calculate the present value of future dividends:
Present value of future dividends = Expected dividend in the next period / (Required return - Dividend reduction rate)
Present value of future dividends = $11.007 / (0.11 - 0.0525) = $11.007 / 0.0575 = $191.13
Step 3: Calculate the current share price:
Since the dividend reduction rate is applied indefinitely, the current share price is the present value of future dividends.
Current share price = $191.13
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C. Imagine you Deposit K10, 000 every six months for the next five years at an interest rate of 10% per annum. You would want to know what this value will be at the end of the period.
Required:
i. Using simple interest (5 Marks)
ii. Using compounded interest (5 Marks)
iii. If the deposits were made at the beginning of every six months (5 Marks)
iv. If the deposits were made at the end of every six months (5 Marks
Answers
i) Using simple interest, if the deposits were made at the beginning of every six months, the ending (future value) would be K127,500.
ii) Using simple interest, if the deposits were made at the end of every six months, the ending (future value) would be K122,500.
iii) Using compounded interest, if the deposits were made at the beginning of every six months, the ending (future value) would be K132,067.87.
iv) Using compounded interest, if the deposits were made at the end of every six months, the ending (future value) would be K125,778.93.
What differentiates simple interest from compound interest?The difference between simple interest and compound interest is that simple interest is only based on the principal.
On the other hand, compound interest computes interest on both the principal and accumulated interest.
Simple Interest (Deposits at Beginning):Period Principal Interest Balance
1 K10,000 K500 K10,500 (K10,000 + K500)
2 20,000 1,000 21,500 (K10,500 + K10,000 + K1,000)
3 30,000 1,500 33,000
4 40,000 2,000 45,000
5 50,000 2,500 57,500
6 60,000 3,000 70,500
7 70,000 3,500 84,000
8 80,000 4,000 98,000
9 90,000 4,500 112,500
10 100,000 5,000 127,500
Simple Interest (Deposits at Ending):Period Principal Interest Balance
1 K10,000 K0 K10,000
2 20,000 500 20,500 (K10,000 + K10,000 + K500)
3 30,000 1,000 31,500
4 40,000 1,500 43,000
5 50,000 2,000 55,000
6 60,000 2,500 67,500
7 70,000 3,000 80,500
8 80,000 3,500 94,000
9 90,000 4,000 108,000
10 100,000 4,500 122,500
Compound Interest at Ending:N (# of periods) = 10 (5 x 2)
I/Y (Interest per year) = 10%
PV (Present Value) = K0
PMT (Periodic Payment) = K10,000
Results:
FV = K125,778.93
Sum of all periodic deposits = K100,000 (K10,000 x 2 x 5)
Total Interest = K25,778.93
Compound Interest at Beginning:N (# of periods) = 10 (5 x 2)
I/Y (Interest per year) = 10%
PV (Present Value) = K0
PMT (Periodic Payment) = K10,000
Results:
FV = $132,067.87
Sum of all periodic deposits = K100,000 (K10,000 x 2 x 5)
Total Interest = K32,067.87
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Ms. Tanja Umstead is 46 years old and lives in Richmond, British Columbia. She is in good health
and works in the sales department of a large publicly traded company.
Employment Information
1. Tanja's 2022 salary is $93,500. In addition, she was awarded a year-end bonus of $12,000, all
of which is payable in January 2023.
Answers
Answer: Based on the provided information, here is Tanja Umstead's employment information:
2022 Salary: $93,500
Year-end Bonus (2022): $12,000 (payable in January 2023)
Therefore, Tanja's total income for 2022 would be the sum of her salary and the year-end bonus:
Total Income for 2022 = Salary + Year-end Bonus
= $93,500 + $12,000
= $105,500
It's important to note that the year-end bonus of $12,000 will be paid in January 2023, which means it will be considered as part of her income for the following year (2023) rather than 2022
Explanation:
A system that collects and stores the company's key data and produces the information needed by managers for analysis, control, and decision making is called a(n):
Answers
A system that collects and stores the company's key data and produces the information needed by managers is called information system.
Information system is a system that help to store, record and process large amount of information so as to made available useful information when needed by users.
Information system is important as it help to produce data when needed during decision making process as companies or organizations can easily extract the store information so as to make better decision.
Most companies make use of information system to plan and to improve the day to day running of their business operation.
Inconclusion a system that collects and stores the company's key data and produces the information needed by managers is called information system.
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If interest rates increase from 9 percent to 10 percent, a bank with a duration gap of 2 years would experience a decrease in its net worth of?
Answers
The duration gap is calculated by subtracting the duration of the liabilities from the duration of the activity of the financial entities. Thus, in this case, the net worth of 1.8 percent of its assets.
What do you mean by Duration Gap?Duration Gap refers to the term used by funds, banks, pensions, or many financial institutions to estimate the risk because of changed interest rates.
Also, if we have a negative duration gap means that the market value of equity will increase when interest rates rise.
Thus, in this case, If interest rates increase from 9 percent to 10 percent, a bank with a duration gap of 2 years would experience a decrease in its net worth of 1.8 percent of its assets.
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Traditional marketing revolves around the 4 Ps:
Answers
Traditional marketing revolves around the 4 Ps, which are Product, Price, Place, and Promotion.
These elements form the foundation of a marketing strategy for businesses.
Product: Refers to the goods or services that a company offers to its customers. It involves defining the features, design, and quality of the product.
Price: Involves determining the cost of the product or service and finding the right pricing strategy that aligns with customer expectations and market conditions.
Place: Focuses on selecting the distribution channels and locations where the product will be available for customers to purchase. It includes decisions related to retail outlets, online platforms, or direct sales.
Promotion: Involves the activities undertaken to promote and create awareness about the product. It includes advertising, public relations, sales promotions, and other marketing communication strategies.
These 4 Ps provide a framework for businesses to analyze and optimize their marketing efforts to meet customer needs, increase sales, and achieve overall business objectives.
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Sarah is working on a paper, but the paragraph she is typing doesn't make sense. She needs to delete all of her work and start over. The quickest way to remove the text is to _____.
a.
select all of the text to be deleted and hit Backspace key
b.
hit the Backspace key repeatedly until all of the text is gone
c.
delete the document and begin a new one
d.
hit the Delete key repeatedly until all of the text is gone
Answers
Answer:
a
It's the fastest way
Answer:
Option A.
That is the easiest and quickest way to delete the whole text
Two options are available for painting your house: (1) oil-based painting, which costs $4,800 and (2) water-based painting, which costs $3,000. The estimated lives of the painting projects are 10 years and 5 years respectively. For either option, no salvage value is expected at the end of the respective service lives. Assume that you will keep and maintain the house for 10 years. At an interest rate of 10%, which of the following statements is correct?
a) On an annual basis, oil-based painting will cost about $850
b) On an annual basis, water-based painting is about $22 cheaper than oil-based painting
c) On an annual basis, both options cost about the same
d) On an annual basis, water-based painting will cost about $820
Answers
Answer:
The answer is "Option C".
Explanation:
If options of different retained earnings are assessed, it must use the corresponding annual cost method for drawing a concrete conclusion. As per the task, which is defined in the attached file please find it.
briefly explain the current marketing situation of a Marketing plan for a business or service giving one example.
Answers
Answer:
The current marketing situation is the first major section of the plan. It describes the target market and the company's position therein. This section contains information about the market, product performance, competition, and distribution.
Explanation:
The marketing plan details the strategy that a company will use to market its products to customers. The plan identifies the target market, the value proposition of the brand or the product, the campaigns to be initiated, and the metrics to be used to assess the effectiveness of marketing initiatives.
At the beginning of the year, Plummer's Sports Center bought three used fitness machines from Brunswick Corporation. The machines immediately were overhauled, installed, and started operating. The machines were different; therefore, each had to be recorded separately in the accounts.
Machine A Machine B Machine C
Invoice price paid for asset $20,400 $37,300 $22,100
Installation costs 2,300 2,000 600
Renovation costs prior to use 2,900 2,500 1,700
By the end of the first year, each machine had been operating 5,400 hours.
2. Prepare the entry to record depreciation expense at the end of Year 1, assuming the following. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.)
Machine Life Residual Value. Depreciation Method
A 9 years $1,300 Straight-line
B 77,000 hours. 3,300 Units-of-production
C 8 years 3,100 Double-declining-balance
CREATE A JOURNAL ENTRY WORKSHEET
Record the depreciation expense for year 1
Answers
Answer: Debit Depreciation Expense $11,714 Credit Accumulated Depreciation on : Machine A $3,400, Machine B $2,500 Machine C $5,814
Explanation:
Question 10 of 10
How do values play a role in planning a career?
Answers
Career values are crucial since they can help define the parameters for your personal fulfillment and professional success. You may be intentional in your employment search and utilize your values to build your future by recognizing your own values and what matters most to you.
What are values in career planning?Work values, also known as career values, are the personal ideas, drives, and beliefs that guide you in determining what matters most to you in your professional life. Your drive to work and your overall success at work are both influenced by them.
Our actions, relationships, and lives as a whole are influenced by our own values. In addition to helping us make important decisions, our beliefs can affect how we develop personally. Knowing your values will help you make decisions about your profession, relationships with others, and interests that are most important to you.
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1. A formal report that shows what an individual owns, what an individual owes, and the difference between the two.
Answers
Answer:
A net worth statement
Explanation:
A net worth statement is a financial report/ document that shows the assets and liabilities - both short and long-term - of an individual or company. The net worth is the result of deducting liabilities from assets.
The net worth statement paints a picture of a person or an entity's current financial position. Assets represent what a person owns, while liabilities are what they owe.
what would be the most important factors to consider for the network channel design
Answers
The most important factors to consider for the network channel design would be network resilience and redundancy; software and hardware standards; and integrated security mechanisms.
There are four crucial factors in network design that you must take into account if you want a network that is dependable, secure, and efficient. Solid network architecture will be more durable and provide overall higher performance. The ideal platform for all the apps you want to utilize is provided by effective networks, which operate swiftly and effectively.
Network design is the process of organizing and putting into place a computer network architecture. The majority of the time, network designers, engineers, IT administrators, and other relevant staff members do network design. It is carried out prior to the installation of a network infrastructure.
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Innovate ways where you can prove the law of action-reaction.
Answers
The ways where you as a person can prove the law of action-reaction are:
When a player pushes the ball forward with force while holding it, the ball pushes back on the player's hand.Student tugs on desk, which tugs back on student (This is how you can "pull" yourself forward.)How can the law of action and reaction be proven?When a person pushes against a wall (action force), the wall pushes back with an equal and opposing force (reaction force). The Space Shuttle lifts (there is no slingshot involved!) because the hot gases push out hot gases (action force) and exert a force on the Space Shuttle engines (reaction force).
Therefore, it can also be shown through Swimming. With the use of the hands, a forward-swimming individual forces the water to move backward. A response force is created as a result of the action force that the individual is exerting.
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What is one key difference between payday loans and title loans? A. Title loans are offered to people with good credit. B. Title loans are long-term loans. C. Title loans require people to have a job. D. Title loans require collateral.
Answers
The one key difference between payday loans and title loans is D. Title loans require collateral.
What is a Title Loan?This is a type of loan which makes use of the borrower's car as a collateral to give a high cost and short term loan.
Hence, we can note that while a payday loan is immediately deducted from the next payslip with a fee, a title loan is high cost and short term and typically requires collateral.
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Answer:
D. Title loans require collateral.
Explanation:
Why is it important to pay more than the minimum payment on your credit card each month?
Answers
Answer:
so you dont have to pay as much next month
Explanation:
Last year, total sales for your grocery store were $17,000 with returns of $457 and discounts of $700. The linear feet of shelving in the store totals 650. What are the sales less returns and discounts per linear foot of the store
Answers
Answer:24.37
Explanation:
24.37 just plug your formula and multiply the cash with store :)
Chapter 3 Problem 3-9 Determining the effects of business transactions on the accounting equation
Answers
Depending on the specifics of the transaction, if a business's total assets decline, the sum of its liabilities and owner equity may or may not also do so.
What are the effects of business transaction?Every business transaction affects the components of accounting in two different ways. The three main components of accounting are capital, liabilities, and assets. The two fold effect states that an equal amount is given for every value received.
By using debits and credits to record each transaction when using the accounting equation, this method of bookkeeping is referred to as double-entry bookkeeping.
Why is it important to analyze the effects of a business transaction?The examination of transactions kicks off the accounting cycle. It is crucial to properly analyze business transactions because it guarantees accurate journal entries.
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what is amortization?
Answers
Answer:
is the spreading payments over multiple periods.
Explanation:
The term is used for two separate processes: amortization of loans and amortization of assets. In the latter case it refers to allocating the cost of an intangible asset over a period of time.
The term is used for two separate processes: amortization of loans and amortization of assets. In the latter case it refers to allocating the cost of an intangible asset over a period of time.
Formula
FormulaAmortization calculator
\(a = p \frac{i(1 + i) {}^{n} }{(1 + i) {}^{n} - 1 } \)
A = periodic payment amount
A = periodic payment amountP = amount of principal, net of initial payments
A = periodic payment amountP = amount of principal, net of initial paymentsi = periodic interest rate
A = periodic payment amountP = amount of principal, net of initial paymentsi = periodic interest raten = total number of payments
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Word processing software
All companies must be truthful in their advertising and not make false claims. You have likely heard or read such claims. For example, questionable claims often come from companies that make diet pills or beauty products. Or, perhaps you or someone you know have received a fraudulent robocall.
The Federal Trade Commission (FTC) operates the Bureau of Consumer Protection to enforce fair and truthful business practices, and to investigate complaints about those that are unfair, deceptive, or fraudulent.
In this activity, you will research ads from at least three companies and determine if they appear to be truthful or deceptive. You will also include an example of a robocall. Follow these steps to complete this activity. You will create a report and a chart in Word based on the directions below.
Step 1:
View or listen to ads for products or services online, on your phone, or on television.
Take notes on at least three ads (especially those that appear potentially suspicious to you) and list the following:
Name of the company and its product or service
Stated claim about the product or service
Your assessment of the truth or falsehood of the ad
Step 2:
Write a brief report in Word, including the following details:
Explain how and where you gathered your info (online, etc.)
Describe a robocall you or someone you know has received and explain how it was identified as a robocall
Step 3:
Add a chart following your report:
Include four columns with headings: Name of Company, Product/Service, Claim, True/False
Include at least four rows: one for column headers, and three for at least three ads
Input your information from your research notes
Explain why you believe or question the validity of the claim
Answers
The L'Oreal Revitalift ad is false because the claim that it reduces wrinkles and firms skin in just one week seems unrealistic and unlikely to be true.
On the other hand, I believe that the Noom ad is true because the claim that you can lose weight without giving up the foods you love is consistent with their program, which focuses on calorie counting and moderation rather than deprivation.
Finally, I believe that the Luminess Airbrush Makeup ad is false because the claim that the makeup is flawless, natural-looking, and lasts all day and night seems exaggerated and unlikely to be true in real-life scenarios.
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Which of the following are different types of low risk bonds discussed in the presentations? (Select all that are correct.)
Group of answer choices
High Yield Bonds
Callable, Speculative Grade, and Municipal Bonds
Corporate bonds--form of borrowing by a corporation, interest is subject to taxes.
Government bonds--issued by US Treasury, low risk, and no state or local taxes on the income.
Answers
Batterton prepaid a two full years' insurance on December 1 of the current year, $6,960. Record insurance expense for the year ended December 31.
Answers
Answer:
A y a good time for me is that
Duncan, Inc.'s unadjusted book balance showed cash balance of $1,763 before preparing the bank reconciliation. Given the bank reconciliation shows outstanding checks of $427, deposits in transit of $831, NSF check of $195, and interest earned on the bank account of $15, the company's up-to-date ending cash balance equals:$_____
Answers
Answer:
the up-to-date ending cash balance is $2,167
Explanation:
The computation of the up-to-date ending cash balance is shown below:
= Cash balance + deposit in transit - outstanding checks
= $1,763 + $831 - $427
= $2,167
Hence the up-to-date ending cash balance is $2,167
We simply applied the above formula
Suppose the inflation rate is 3% when a 15-year mortgage loan is given at a fixed rate of 4.5%. Five years later the inflation rate rises to 4%. What impact does this change have on the nominal interest rate and the real interest rate on the mortgage loan
Answers
As a result of the inflation, the nominal interest rate decreases and the real interest rate does not change.
What is nominal interest rate and real interest rate?Interest rate is the cost of taking out a loan. Interest rate could be real or nominal. Nominal interest rate is real interest rate plus inflation rate. Real interest rate is interest rate that has been adjusted for inflation.
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Listed below are selected transactions completed by Ridge Company during March of the current year.
Mar. 5
10
13
15
Rendered services on account to Quinton Co., Invoice No. 92, $3,250.
Rendered services on account to Martin Inc., Invoice No. 93, $4,500.
Received $5,000 in payment of monthly rent, which was due on March 1.
Received payment from Quinton Co. for invoice of March 5.
Received payment from Martin Inc. for balance due on invoice of March 10.
Received amount due from Thomas Co. on sale made in February, $5,200.
Recorded cash from services rendered for cash during the month, $15,750.
19
20
31
a. Record the transactions (including the invoice number), using the accompanying revenue journal and cash receipts journal.
b. Total and rule the revenue and cash receipts journals.
1. For individual items and totals to be posted to the subsidiary ledger or not to be posted, select "Yes" in the Post. Ref. column or below
the totals.
2. For individual items and totals to be posted to the general ledger, select the letter "G" (as a substitute for specific account numbers)
in the Post. Ref. column or below the totals.
If an amount box does not require an entry, leave it blank.
Page: 10
ACCTS. REC. DR.
EES EARNED CR.
POST
REF.
DATE
ACCOUNT DEBITED
INVOICE NO.
Answers
Answer:19
Explanation:
Consider the following model:
Y = C + I + G
C = 125 + 0.75YD
T = 100
I = 100
G = 110
1. Solve for equilibrium income.
2. Assume that government spending decreases by $10, what is the new equilibrium income level?
3. What is the government spending multiplier?
4.Assume a corresponding decrease in tax by $10; what is the new equilibrium?
5.What is the value for the tax multiplier?
Answers
The equilibrium income is $450.
The new equilibrium income level is $440.
The government spending multiplier is 4.
The new equilibrium income level is $460.
The tax multiplier is -3.
How to explain the incomeDecomposing the expression Y = 125 + 0.75Y - 0.75T + I + G, by swapping in the assigned values of T, I, and G renders:
Y = 125 + 0.75Y – 0.75(100) + 100 + 110 which simplifies to Y = 450 representing the equilibrium income amount.
Now, if the government spending decreases by $10, then the new aggregated demand equation transfigures into Y = 125 + 0.75Y – 0.75(100) + 100 + 100 wherein the simplified derivation reveals that the amended equilibrium income is $440.
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