Answer:
5.93%
Explanation:
Cumulative Dividend for both (5.56+5.88) $11.44
share price for both types of preferred stock (95.55+97.5) $193.05
Cost of preferred stocks $11.44/193.05=5.93%
Answer:
$80 million
Explanation:
We know that
Multiplier = (1) ÷ (1 - marginal propensity to consume)
= (1) ÷ (1 - 0.75)
= (1) ÷ (0.25)
= 4
Now the GDP would increase by
= Increase in Investment spending × multiplier effect
= $20 billion × 4
= $80 million increase
We simply multiplied the investment spending increase with the multiplier effect
Answer:
a. 45%
Explanation:
The sum of total probabilities is always equal to 1. Since in the given question only three probabilities are given, so the sum of these three probabilities shall be 1 which is represented as follows by the equation:
probability of boom+probability of normal+probability of recession=1
In the given question:
probability of boom=30%
probability of recession=25%
30%+probability of normal+25%=1
Probability of normal=1-25%-30%=45%
So based on the above calculations, the answer shall be a. 45%
Answer:
D a budget deficit.
Explanation:
A budget deficit is when government spending exceeds income from taxes.
The State of Washington spent a total of $74.8 billion and had a total income of $65.8 billion. Spending exceeds income from taxes by $9 billion. The State of Washington has a budget deficit.
A budget surplus is when income from taxes exceeds government spending.
I hope my answer helps you.
