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Save Question 4 25 points Suppose that the luxury sales tax rate in a foreign country...
Suppose that the luxury sales tax rate in a foreign country is 27%. A very wealthy...
Suppose that the luxury sales tax rate in a foreign country is 27%. A very wealthy socialite bought a diamond tiara for $175,000. How much tax does she pay? $4725 $6481 $47,250 $473 nactinn 4 nf an
please do all asap Question 7 2.5 points Save Answer Use the 68-95-99.7 rule to solve...
please do all asap
Question 7 2.5 points Save Answer Use the 68-95-99.7 rule to solve the problem. Assume that a distribution has a mean of 21 and a standard deviation of 4. What percentage of the values in the distribution do we expect to fall between 17 and 217 17% 25% 68% 34% Question 5 Use the Venn diagram to list the elements of the set in roster form. U B 11 14 13 17 12 15 16 18...
1.Assume that a distribution has a mean of 21 and a standard deviation of 4. What...
1.Assume that a distribution has a mean of 21 and a standard deviation of 4. What percentage of the values in the distribution do we expect to fall between 17 and 21? 2. Suppose that the luxury sales tax rate in a foreign country is 27%. A very wealthy socialite bought a diamond tiara for $175,000. How much tax does she pay?
Question 6. Question 5 for reference . Suppose that Freedonia decides to simplify its tax system...
Question 6. Question 5 for reference
. Suppose that Freedonia decides to simplify its tax system (from that in question 5. Now there is a flat tax rate of 25%, and per family deduction is raised to 19.000 pesos (from 12.000 pesos), and there is no child tax credit anymore. Martin's and Diego's family situation as well as their gross income is the same as in question 5. (a) How much tax does Martin's family pay now? What is its...
3, Tim's Job pays him $10/hour. The current income tax rate is 25% and he chooses...
3, Tim's Job pays him $10/hour. The current income tax rate is 25% and he chooses to work for 10 hours. a. Draw Tim's Daily Budget constraint between Consumption (S) and Leisure (Hours). Put Leisure on the x-axis b. Show Tim's choice an the budget constraint. c. How much tax does Tim currently pay? d. The state chooses to eliminate the income tax, but institutes a head tax where everyone must pay a fixed sum of money to the state...
Question 23 (4 points) Suppose you borrowed $35000 at a rate of 11 percent and must...
Question 23 (4 points) Suppose you borrowed $35000 at a rate of 11 percent and must repay it in equal installments at the end of each of the next 5 years. How much interest would you have to pay in the first year? Your Answer: Answer units Question 24 (4 points) Consider the following stream of cash: Year Cash Flow a uewn 1000 1000 1000 4000 -4000 If your opportunity cost is 9 percent per year, how much should you...
Question 27 (of 35) - > Save & Ext Time remaining 2 8.00 points Problem 4-16...
Question 27 (of 35) - > Save & Ext Time remaining 2 8.00 points Problem 4-16 Calculating Rates of Return [LO 3] In March 2015, Daniela Motor Financing (DMF), offered some securities for sale to the puble Under the terms of the deal DMF promised to repay the owner of one of these securities $2,000 in March 204 investors would receive nothing until then. Investors paid DMF $790 for each of these securities so they gave up $790 in March...
1. Which of the following statement is not true regarding sales tax: a)Sales tax is a...
1. Which of the following statement is not true regarding sales tax: a)Sales tax is a consumption tax b)Sales tax applies to the sale of certain goods and services c) Sales tax is levied at the point of sale d)Sales tax is collected by the retailer and passed on to the government e)Consumers pay sales tax directly to the state f) If a business fails to collect sales tax from a consumer, they are still responsible for paying the uncollected...
please answer 3,4,16,and 27 correctly. Question 3 Question 4 3 points Save Answer QUESTION 3 Use...
please answer 3,4,16,and 27 correctly.
Question 3
Question 4
3 points Save Answer QUESTION 3 Use the graph below and the following information to answer the next question(s). The world price of soybeans is $2.00 per bushel, and the importing country is small enough not to affect the world price. 2.25 2.00 World price 60 70 130 140 Qimilions bushels Figure 6.1 225 2.00 -World price 60 70 130 140 Omillions bushels Figure 6.1 Based on Figure 6.1 given a...
Refer to the News Wire and answer one question. Suppose that every additional 3 percentage points...
Refer to the News Wire and answer one question. Suppose that every additional 3 percentage points in the investment rate boosts GDP growth by 1 percentage point. NEWS WIRE CURRENCY APPRECIATION Assume also that all investment must be financed with consumer saving Paris Just Got Cheaper for American Tourists Note: Investment rate = Investment GDP The economy is currently characterized by Consumption: Saving (= Investment): GDP: S6 trillion $1 trillion $7 trillion Paris, France. Americans may discover some bargains in...
Suppose that the luxury sales tax rate in a foreign country is 27%. A very wealthy socialite bought a diamond tiara for $175,000. How much tax does she pay? $4725 $6481 $47,250 $473 nactinn 4 nf an
please do all asap
Question 7 2.5 points Save Answer Use the 68-95-99.7 rule to solve the problem. Assume that a distribution has a mean of 21 and a standard deviation of 4. What percentage of the values in the distribution do we expect to fall between 17 and 217 17% 25% 68% 34% Question 5 Use the Venn diagram to list the elements of the set in roster form. U B 11 14 13 17 12 15 16 18...
Question 6. Question 5 for reference
. Suppose that Freedonia decides to simplify its tax system (from that in question 5. Now there is a flat tax rate of 25%, and per family deduction is raised to 19.000 pesos (from 12.000 pesos), and there is no child tax credit anymore. Martin's and Diego's family situation as well as their gross income is the same as in question 5. (a) How much tax does Martin's family pay now? What is its...
3, Tim's Job pays him $10/hour. The current income tax rate is 25% and he chooses to work for 10 hours. a. Draw Tim's Daily Budget constraint between Consumption (S) and Leisure (Hours). Put Leisure on the x-axis b. Show Tim's choice an the budget constraint. c. How much tax does Tim currently pay? d. The state chooses to eliminate the income tax, but institutes a head tax where everyone must pay a fixed sum of money to the state...
Question 23 (4 points) Suppose you borrowed $35000 at a rate of 11 percent and must repay it in equal installments at the end of each of the next 5 years. How much interest would you have to pay in the first year? Your Answer: Answer units Question 24 (4 points) Consider the following stream of cash: Year Cash Flow a uewn 1000 1000 1000 4000 -4000 If your opportunity cost is 9 percent per year, how much should you...
Question 27 (of 35) - > Save & Ext Time remaining 2 8.00 points Problem 4-16 Calculating Rates of Return [LO 3] In March 2015, Daniela Motor Financing (DMF), offered some securities for sale to the puble Under the terms of the deal DMF promised to repay the owner of one of these securities $2,000 in March 204 investors would receive nothing until then. Investors paid DMF $790 for each of these securities so they gave up $790 in March...
please answer 3,4,16,and 27 correctly.
Question 3
Question 4
3 points Save Answer QUESTION 3 Use the graph below and the following information to answer the next question(s). The world price of soybeans is $2.00 per bushel, and the importing country is small enough not to affect the world price. 2.25 2.00 World price 60 70 130 140 Qimilions bushels Figure 6.1 225 2.00 -World price 60 70 130 140 Omillions bushels Figure 6.1 Based on Figure 6.1 given a...
Refer to the News Wire and answer one question. Suppose that every additional 3 percentage points in the investment rate boosts GDP growth by 1 percentage point. NEWS WIRE CURRENCY APPRECIATION Assume also that all investment must be financed with consumer saving Paris Just Got Cheaper for American Tourists Note: Investment rate = Investment GDP The economy is currently characterized by Consumption: Saving (= Investment): GDP: S6 trillion $1 trillion $7 trillion Paris, France. Americans may discover some bargains in...
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