Business
Business, 24.03.2020 17:45, ladypink94

Suppose that the average wage earner saves 14% of her take-home pay and spends the other 86%. Also suppose that 86% of any amount spent is always re-spent (with 14% saved). Estimate the impact that a proposed $30 billion tax cut will have on the economy over the long run due to the additional spending generated. (Round your answer to the nearest integer.)

answer
Answers: 2

Other questions on the subject: Business

image
Business, 22.06.2019 06:30, hannahroswall1
Ummit record company is negotiating with two banks for a $157,000 loan. fidelity bank requires a compensating balance of 24 percent, discounts the loan, and wants to be paid back in four quarterly payments. southwest bank requires a compensating balance of 12 percent, does not discount the loan, but wants to be paid back in 12 monthly installments. the stated rate for both banks is 9 percent. compensating balances will be subtracted from the $157,000 in determining the available funds in part a. a-1. calculate the effective interest rate for fidelity bank and southwest bank. (do not round intermediate calculations. input your answers as a percent rounded to 2 decimal places.) a-2. which loan should summit accept? southwest bank fidelity bank b. recompute the effective cost of interest, assuming that summit ordinarily maintains $37,680 at each bank in deposits that will serve as compensating balances
Answers: 1
image
Business, 22.06.2019 13:00, Killakyle4744
Amajor advantage of case studies is
Answers: 2
image
Business, 22.06.2019 16:00, winstonbendariovvygn
If the family’s net monthly income is 7,800 what percent of the income is spent on food clothing and housing?
Answers: 3
image
Business, 22.06.2019 17:50, adamflex
Variable rate cd’s = $90 treasury bills = $150 discount loans = $20 treasury notes = $100 fixed rate cds = $160 money market deposit accts. = $140 savings deposits = $90 fed funds borrowing = $40 variable rate mortgage loans $140 demand deposits = $40 primary reserves = $50 fixed rate loans = $210 fed funds lending = $50 equity capital = $120 a. develop a balance sheet from the above data. be sure to divide your balance sheet into rate-sensitive assets and liabilities as we did in class and in the examples. b. perform a standard gap analysis and a duration analysis using the above data if you have a 1.15% decrease in interest rates and an average duration of assets of 5.4 years and an average duration of liabilities of 3.8 years. c. indicate if this bank will remain solvent after the valuation changes. if so, indicate the new level of equity capital after the valuation changes. if not, indicate the amount of the shortage in equity capital.
Answers: 3
Do you know the correct answer?
Suppose that the average wage earner saves 14% of her take-home pay and spends the other 86%. Also s...

Questions in other subjects:

Konu
Chemistry, 28.01.2021 14:00
Konu
Mathematics, 28.01.2021 14:00
Konu
Mathematics, 28.01.2021 14:00