On january 1, father (dave) loaned daughter (debra) $100,000 to purchase a new car and to pay off college loans. there were no other loans outstanding between dave and debra. the relevant federal rate on interest was 6 percent. the loan was outstanding for the entire year. a. if debra has $15,000 of investment income, dave must recognize $6,090 of imputed interest income. b. dave must recognize $6,090 of imputed interest income regardless of the amount of debra's investment income. c. debra must recognize $6,090 of imputed interest income. d. debra must recognize $6,090 of imputed interest income if dave has at least $6,090 of investment income. e. none of these.

The federal reserve's organization while all members of the federal reserve board of governors vote at federal open market committee (fomc) meetings, only of the regional bank presidents are members of the fomc. the federal reserve's role as a lender of last resort involves lending to which of the following financially troubled institutions? u.s. banks that cannot borrow elsewhere governments in developing countries during currency crises u.s. state governments when they run short on tax revenues the federal reserve's primary tool for changing the money supply is . in order to decrease the number of dollars in the u.s. economy (the money supply), the federal reserve will government bonds.

Omnidata uses the annualized income method to determine its quarterly federal income tax payments. it had $100,000, $50,000, and $90,000 of taxable income for the first, second, and third quarters, respectively ($240,000 in total through the first three quarters). what is omnidata's annual estimated taxable income for purposes of calculating the third quarter estimated payment?

Suppose the government enacts a stimulus program composed of $600 billion of new government spending and $300 billion of tax cuts for an economy currently producing a gdp of $14 comma 000 billion. if all of the new spending occurs in the current year and the government expenditure multiplier is 1.5, the expenditure portion of the stimulus package will add nothing percentage points of extra growth to the economy. (round your response to two decimal places.)