Answer:
A
Explanation:
Leasing a house is the other name for renting a house which is preferably far more better for a person or a family who is planning to live there for a short period of time. A lessor is a person who gives his property on rent to the lessee. It is a way through which the person taking the house on rent is relieved from incurring cost on the repairs if required as the responsibility solely belongs to the owner of the house that is the lessor. People prefering leasing over buying a property is always ready to bear the increase in the costs of rent which is far more lesser than spending money or saving money for the down payment for buying a house. Moreover the person leasing the house only gets the ownership of the house under a contractual basis where they dont have the right to sell the property taken on lease.
Answer:
a.borrowers gain at the expense of lenders.
Explanation:
Suppose the annual rate of inflation has been 3 percent during each of the last three years and that borrowers and lenders have come to expect this rate of inflation. If the inflation rate unexpectedly rises, then borrowers gain at the expense of lenders.
As inflation increases, two things happen
1. The amount of interest paid to lenders technically becomes of smaller value and lenders are loosing while borrowers are paying lesser
2. As inflation sets in, wages are increased to compensate for inflation and since the borrower already owed money before the inflation occurred, now he or she has more money in his or her paycheck to pay off the debt.
The fiscal deficit for the government for the current year will be $20 billion for the given condition.
<h3>What is fiscal deficit?</h3>
The condition where there is an excess of expenditures over the income during a given financial period, it is known as fiscal deficit. The computation of fiscal deficit using the formula and the given information will be,
Fiscal Deficit = (Total Income – Total Expenditure)
Fiscal Deficit = $50 billion – $70 billion = -$20 billion
Hence, option C holds true regarding fiscal deficit. The complete question has been attached in the image for better reference.
Learn more about fiscal deficit here:
brainly.com/question/23795227
#SPJ1
Answer:
1. 2. April 30 $11600
31-May $20100
2. April 30 $3,200
31-May $11,90
3. Profit April 0
May$800
June $2975
Explanation:
1) Calculation for Work in Process Inventory at
April 30 and 31-May
Work in Process Inventory at
April 30=7500+4100
Work in Process Inventory at
April 30=$11600
Work in Process Inventory at31-May =4100+6900+4700+4400
Work in Process Inventory at31-May= $20100
2) Calculation for Finished Goods Inventory at
April 30 and 31-May
Finished Goods Inventory at
April 30: $3,200
Finished Goods Inventory at 31-May =7500+4400
Finished Goods Inventory at 31-May= $11,900
3) Calculation for Gross Profit
Gross Profit April : 0
Gross Profit May =3200*25%
Gross Profit May=800
Gross ProfitJune :- Job 10 =(7500+4400)*25% Gross Profit June 2975
A drop in interest will result in lower payments because of its overall discretion value
