Cartel agreements present complex economic incentives and strategic decision-making challenges for participants, which can be modeled and analyzed using decision trees, the Coase theorem, and cost-plus regulation.
Cartel agreements are formed by a group of firms to collude and manipulate prices to maximize profits. Such agreements present participants with the economic incentives inherent in the prisoner's dilemma, whereby each firm has an incentive to cheat and break the agreement to gain a larger market share. However, if all firms cheat, they will all end up worse off than if they had stuck to the agreement. This is where decision trees can be used to model possible outcomes and guide firms' strategic decisions. Cost-plus regulation is a mechanism used by governments to set prices for certain goods and services based on production costs. However, cartel agreements can undermine this regulation by allowing firms to collude and artificially raise prices above the regulated cost-plus price. The Coase theorem can also be applied to cartel agreements, which states that if property rights are well defined and transaction costs are low, then private bargaining can result in an efficient outcome.
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Cartel agreements confront participants with the economic incentives inherent in the prisoner's dilemma.
The dilemma arises from the fact that each participant has an individual incentive to cheat on the agreement and produce more than the agreed-upon amount, as this would allow them to capture a larger share of the market and profits.
However, if all participants cheat, it would lead to oversupply, lower prices, and reduced profits for everyone. Therefore, participants must weigh the short-term gains from cheating against the long-term benefits of cooperation and adherence to the agreement.
This dilemma is a classic example of the economic concept of incentives, which refers to the factors that motivate individuals to behave in a certain way. Cartels may also be subject to regulation, such as cost-plus regulation, which sets prices based on the cost of production plus a profit margin.
Alternatively, the Coase theorem suggests that the outcome of the cartel agreement could be achieved through negotiation and private property rights, without the need for government intervention. A decision tree can be used to model the possible outcomes and decisions in a cartel agreement and help participants to make informed choices.
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The GUI is an index used by the OS to manage computer files,
O False
O True
Answer: I think it's true
pdq corporation has declared a rights offering to stockholders of record on thursday, july 22nd, payable on monday, august 9th. under the offer, shareholders need 25 rights to subscribe to 1 new share at a price of $75. fractional shares can be rounded up to purchase 1 full share. the last day to buy pdq shares before they go ex rights is:
The last day to buy PDQ shares before they go ex rights is Wednesday, July 20th. This is because in a rights offering, the ex-rights date is typically two trading days prior to the record date, which is Thursday, July 22nd.
In a rights offering, the ex-rights date is the date on which a stock begins trading without the rights attached. The record date is the date on which the company determines the shareholders eligible to receive the rights. Generally, the ex-rights date is set two trading days prior to the record date to allow for settlement and processing. In this case, since the record date is Thursday, July 22nd, the last day to buy PDQ shares before they go ex rights would be Wednesday, July 20th. This means that investors who purchase PDQ shares on or after the ex-rights date will not be entitled to participate in the rights offering and acquire the additional shares at the discounted price
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under the cip, when a customer fails to provide the required information: a only liquidating trades are permitted b only unsolicited trades are permitted c no option transactions are permitted d the account may not be opened
Under the CIP (Customer Identification Program) regulations, if a customer fails to provide the required information, the account may not be opened.
This means that the financial institution must obtain the necessary identifying information before opening an account for the customer. Once the account is open, if the customer later fails to provide updated information or documentation as required by the CIP, the financial institution may be required to limit or terminate the customer's trading activities, such as restricting the types of trades allowed or only allowing unsolicited trades. Additionally, failure to comply with CIP requirements can result in penalties and fines for the financial institution.
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what are 2 reasons a business should have a code of ethics???
FIRST ANSWER GETS BRAINLIEST
Answer: Having good ethics should be just as important as any other business characteristic; the importance of good ethics should be seen in much the same way the business community has recognised the importance of a good company culture on the success of a business.
Explanation: I think
Connie thinks that her salary and tax rate for next year will be lower than for this year. What step should she take to minimize her taxes in the current year? Select one: a. Accelerate receipt of income. b. Delay deductions. c. Practice tax evasion. d. Accelerate deductions. e. None of these will allow her to minimize her taxes.
Answer:
d. Accelerate deductions
Explanation:
Tax acceleration is a way that a taxpayer is able to hasten tax deduction.
Taxi is paid in the year that it was incurred instead of in the subsequent year.
This way tax expense that will be paid from the current year is reduced and tax income will increase.
In the given scenario where Connie thinks that her salary and tax rate for next year will be lower than for this year, the best way to minimise her tax expense starting this year is by tax acceleration
archie company purchased a framing machine for $57,000 on january 1, 2024. the machine is expected to have a four-year life, with a residual value of $4,000 at the end of four years. using the double-declining-balance method, depreciation for 2024 and book value on december 31, 2024, would be: multiple choice
If the machine is expected to have a 4-year life, with "residual-value" of $4000 at end of 4 years, then depreciation for 2024 is $28500 and book value on December 31, 2024, will be $28500, the correct option is (a).
The double-declining-balance (DDB) method is a depreciation method that applies a constant depreciation rate to the asset's book value at the beginning of each year.
To calculate the annual depreciation expense for Archie Company's framing machine, we first calculate the asset's depreciable cost, which is
⇒ $57000 - $4000 = $53000,
The DDB rate is twice the straight-line rate, which is calculated as 100% divided by the asset's useful life in years.
For Archie Company's framing machine, the straight-line rate is :
⇒ 100% ÷ 4 years = 25%. So, DDB rate is = 2 × 25% = 50%;
Using the DDB method, the depreciation expense for first year (2024) is calculated as:
⇒ Year 1 depreciation expense = (Book value at beginning of year)x(DDB rate);
⇒ Book value at beginning of year = Cost - Accumulated depreciation
Accumulated depreciation at the end of 2023 = $0
Book value at beginning of 2024 = $57,000 - $0 = $57000,
Year 1 depreciation expense = $57,000 × 50% = $28500,
The book value at end of 2024 is calculated as:
Book value at end of year = Cost - Accumulated depreciation;
Accumulated depreciation at the end of 2024 = $28500,
"Book-value" at end of 2024 = $57000 - $28500 = $28500;
So, depreciation for 2024 is $28500 and the "book-value" on December 31, 2024 is $28,500.
Therefore, the correct option is (a).
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The given question is incomplete, the complete question is
Archie company purchased a framing machine for $57,000 on January 1, 2024. the machine is expected to have a four-year life, with a residual value of $4,000 at the end of four years. using the double-declining-balance method, depreciation for 2024 and book value on December 31, 2024, would be:
(a) $28,500 and $28,500
(b) $22,800 and $34,200
(c) $34,200 and $22,800
(d) $14,250 and $42,750.
Help ASAP!!!! What is the most-possible answer?
Answer:
Community and junior colleges.
Explanation:
I don't know if im too correct but if i am, mark me brainliest?:)
Answer:
D - Collages
Explanation:
That is the only thing I know that gives degrees
Industries X and Y both have four-firm concentration ratios of 90 percent, but the Herfindahl index for X is 7,814, while that for Y is 8,206. These data suggest Multiple Choice greater market power in X than in Y. greater market power in Y than in X. O that X is more technologically progressive than Y. that price competition is stronger in Y than in X.
The given concentration ratios and Herfindahl index of Industries X and Y suggest greater market power in Y than in X.
The Herfindahl index is a market concentration metric that calculates the market concentration of a group of suppliers. It is the sum of the squares of the percentage market shares of all the firms that operate in a particular industry. It ranges from 0 to 10,000, with higher values indicating greater concentration.
A four-firm concentration ratio is a ratio that calculates the market share of the four largest firms in an industry. In other words, the percentage of total market share that is controlled by the four biggest firms is the four-firm concentration ratio (CR4).
The data provided for Industries X and Y suggests that both have a 90% four-firm concentration ratio. However, the Herfindahl index is 7,814 for Industry X and 8,206 for Industry Y.
A higher Herfindahl index indicates a greater concentration of market power among fewer companies. Therefore, the higher Herfindahl index of Industry Y suggests greater market power in Y than in X.
Therefore, the correct option is "greater market power in Y than in X."
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what is the relationship among job,employment and education?
Answer:
i know it
Explanation:
Job/employment are the same for all intents and purposes.
The relationship between employment and education is a most obvious one.
First of all, “education” is not limited to just a college education. It includes (but is not limited to): trades, industry management track training, apprenticeships, as well as college.
When a prospective worker has knowledge, skills, abilities, and education (KSAEs), he/she increases his potential for better paying jobs. The more he/she increases those KSAEs the higher his/her job prospects go.
This is pretty much job/employment 101.
plz mark my answer to brainliest answer
Answer: n every single 1 we r learning sum and we r doing sum new
Explanation:
Why do lenders often require a down payment when credit is used to purchase a good?
It reduces risk to the lender.
It eliminates interest charges.
It reduces the cost of the financed good.
It increases the cost of financing the good.
The payments are done through a down payment reduces the risk to the lender and therefore the lender requires down payments when credit is used to purchase a good. Thus (A) is the correct option.
What is a down payment?The amount of money that a purchaser pays on the purchasing of any expensive object. The down payment showcases a portion of the total purchasing amount.
It is made in the initial stage of purchasing. It reduces the risk of the lender and therefore, (A) is the correct option.
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Leo wasn’t planning to buy any clothes when he was out shopping for other things, but then he saw that pants were on a 25 percent off sale, and any shopper who bought three pairs of pants also got a coupon for an additional 25 percent off their next purchase. Leo fell sway to
Answer:
An effective sales strategy
Explanation:
Remember, a sales strategy encompasses all efforts by a retailer or company to successfully sell off their products.
One example of a sales strategy is marketing/promotion. By means of an effective product promotion, the seller was able to attract customers due to the discounts they offered, which captivated Leo. This method was effective because Leo wasn’t planning to buy any clothes when he was out shopping but he ended up doing so.
Definitely, Leo fell sway to That's-not-all technique.
The TNA technique is a promotion techniques that offers the product at an initial price and later improves the deal by reducing the price or adding extra product before the customer responds to initial offer.
The that's-not-all technique entails 2 step procedure for enhancing the compliance
Presentation of an initial large and fair request.Making the request more attractive by reducing it to a modest request before the person can respond to the initial request.In conclusion, Leo fell sway to That's-not-all technique.
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Your grandfather wants to establish a scholarship in his father’s name at a local university and has stipulated that you will administer it. As you’ve committed to fund a $25,000 scholarship every year beginning one year from tomorrow, you’ll want to set aside the money for the scholarship immediately. At tomorrow’s meeting with your grandfather and the bank’s representative, you will need to deposit_____________ (rounded to the nearest whole dollar) so that you can fund the scholarship forever, assuming that the account will earn 5. 50% per annum every year
Using present value formula, you would need to deposit $454,545.45 (rounded to the nearest whole dollar) to fund the scholarship forever.
How much do you need to deposit per annumTo fund a $25,000 scholarship every year forever, assuming an annual interest rate of 5.50%, you would need to deposit $454,545.45 today. This amount is calculated using the perpetuity formula:
PV = PMT / r
where PV is the present value of the perpetuity, PMT is the annual payment, and r is the interest rate. Plugging in the numbers, we get:
PV = $25,000 / 0.055
PV = $454,545.45
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A logistics manager ordering parts wants to choose a mode of transportation with very low costs.
The mode of transportation, that if available, will best meet these needs is: D. Ships.
What is the best mode of transportation for the logistics manager to use?The best mode of transportation that the logistics manager in the scenario described above can use ship. The factors that make this choice the most desirable include the fact that the manager seeks a cheap mode of transportation.
Also, since long delivery times are not a major problem, ships are ideal because they take time to arrive but are cost-effective. As an efficient manager, the best way of ordering parts while saving money for the organization will be through the use of ships.
Complete Question:
A logistics manager ordering parts wants to choose a mode of transportation
with very low costs. The company can plan ahead, so long delivery times are
not a major problem. What mode of transportation, if available, will best meet
these needs?
A. Railroads
B. Trucks
C. Airplanes
D. Ships
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Greg and Jerry are depositing money into savings accounts. Greg deposits $500 into an account
for 2 years with 2% interest. Jerry despots $700 into a different account for 1 year with 3% interest.
Who eams the greatest overall percent interest? Show your work and explain.
Answer: Jerry
Explanation:
Greg deposits $500 into an account for 2 years with 2% interest, the interest gotten will be:
= $500 × 2 × 2%
= $500 × 2 × 0.02
= $20
Jerry despots $700 into a different account for 1 year with 3% interest, the interest gotten will be:
= $700 × 1 × 3%
= $700 × 1 × 0.03
= $21
Based on the calculation, Jerry makes a greater interest.
when managers focus on distinguishing the organizations products from those of competitors on one or more important dimessions such as quality or after sales service and support, this is considered a ___ startegy
Answer:
Differentiation strategy, is the right answer.
Explanation:
In Bussiness studies, a differentiation strategy is a method of developing the business by providing the customers with something different or unique from the items offered by their competitors in the marketplace. The increase in the competitive advantage is the main objective behind implementing a differentiation strategy. By analyzing its strengths, weaknesses, the needs of customers and the prices they can provide, a business can accomplish this.
1. Looking at Nigeria as a potential emerging market, mention and explain 4 factors you think are preventing Nigeria from becoming an excellent emerging market to invest in? 2. If you were given the chance, resources and power to change Nigeria, which one out of the 4 problems identified above would you try to solve and how would you do it?
do not understand what you are saying
a discount on each case ordered during a specific period of time is referred to as a
A discount on each case ordered during a specific period of time is referred to as a promotional discount.
A quantity discount is a price reduction offered by a seller to a buyer when purchasing goods or services in larger quantities, usually encouraging bulk purchases and stimulating sales. Promotional discounts are temporary price reductions offered by businesses to incentivize customers to purchase their products or services during a specific period of time. These discounts can take various forms, such as percentage off, dollar off, buy-one-get-one-free, or free shipping. By offering promotional discounts, businesses aim to increase sales, clear inventory, or launch a new product or service. Promotional discounts can be communicated through various channels, including email newsletters, social media, advertisements, or in-store signage. However, businesses need to carefully plan and execute their promotional discounts to avoid damaging their brand image or profitability.
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Banks do not hold a lot of their assets in the form of cash mainly because of:
a. regulation.
b. the fear of being robbed.
c. the opportunity cost of holding cash, cash does not earn interest.
d. it can encourage employee theft.
Banks do not hold a lot of their assets in the form of cash mainly because of the opportunity cost of holding cash, cash does not earn interest. The correct option is C.
Opportunity costs are the possible advantages that a person, investor, or company forgoes while deciding between two options. It is necessary to weigh the advantages and disadvantages of each choice offered in order to correctly assess opportunity costs.
The interest that could have been made if the cash had been used to buy bonds instead is the opportunity cost of keeping any money balance.
Therefore, due to the opportunity cost of holding cash and cash does not earn interest banks does nor prefer to hold a lot of their assets in the form of cash .
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general mills has a variety of brands in its snacks category, including chex, nature valley, fiber one, and cascadian farm. this represents a
Answer:don't cheat in this class I will tell ur professor in Bemidji about u
Explanation:
Which of the following is NOT a responsibility of the Finance department?
A.Obtaining needed funds B.Managing the use of company funds
C.Establishing external relations
D.Creating a financial plan
The statement "developing the external relations" is correct.
The following information related to the responsibility of the Finance department is:
Receiving the funds that are needed.Managing the fund of the company that is used.Developing the financial plan of the organization.Therefore we can conclude that The statement "developing the external relations" is correct.
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a local furniture store is examining its inventory policy and considering using an economic order quantity approach
A local furniture store is examining its inventory policy and considering using an economic order quantity (EOQ) approach for a popular table set that they have had difficulty keeping in stock. They have the following information about the set:
Annual demand = 5000 sets
Current order quantity = 75
Carrying cost = $2.00/unit/year
Order cost = $450
Total stocking cost is the cost to the store of holding a good in its inventory. The stocking cost consists of the carrying cost times half the quantity in inventory and the order completion cost times demand divided by the quantity. In its mathematical form the cost is represented by TSC=(Q/2)C + (D/Q)S.
The total annual stocking cost at the EOQ is 46975
What is an EOQ?Economic Order Quantity, also known as Economic Purchase Quantity, is the order quantity that minimizes the total holding costs and ordering costs in inventory management. It is one of the oldest classical production scheduling models.
Therefore, the correct answer is as given above
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The complete question goes thus:
A local furniture store is examining its inventory policy and considering using an economic order quantity (EOQ) approach for a popular table set that they have had difficulty keeping in stock. They have the following information about the set:
Annual demand = 5000 sets
Current order quantity = 75
Carrying cost = $2.00/unit/year
Order cost = $450
What is the total annual stocking cost at the EOQ?
The end finished good product item in a bill of materials experiences:
Independent demand
Dependent demand
The end finished good product item in a bill of materials experiences dependent demand.
This is because the demand for the final product is not dependent on the demand for other items or components within the production process. In contrast, dependent demand refers to the demand for components or sub-assemblies that are directly influenced by the demand for the main finished product.
Dependent demand refers to the demand for a component or sub-assembly that is directly tied to the demand for the final product. In a bill of materials, the end finished good product item is the final product that is being produced. The components and sub-assemblies listed in the bill of materials are required to produce the final product and their demand is dependent on the demand for the end finished good product. Therefore, the end finished good product item experiences dependent demand. This is in contrast to independent demand, which refers to the demand for a product that is not directly tied to the demand for any other product.
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1. Which of the following is likely to happen when a new business opens in a community?
LLC's are considered to have operational flexibility because while they must submit articles of organization they are not required to:
keep minutes or hold annual meetings
O pay taxes or hold annual meetings
O distribute profits or keep meeting minutes
O provide employee benefits or pay taxes
LLC's are considered to have operational flexibility because they are not required to B. distribute profits or keep meeting minutes.
A limited liability company refers to a private company where the owners are responsible for the debts that the business incurs based on the extent of the capital that they invested.
It should be noted that limited liability companies are considered to have operational flexibility due to the fact that they distribute profits and keep meeting minutes even though they submit articles of organization.
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TRUE/FALSE. Bob is a volunteer who goes door-to-door soliciting contributions to a charitable organization that provides temporary housing for homeless people. He contacts Susie at her front door, and Susie signs a pledge committing to donate $1,000. Susie’s daughter is 15 years old and also signs a pledge to contribute $50. They fail to make their contributions and when the organization follows up, both say they have changed their minds and won’t make any donation. The organization probably cannot enforce either pledge agreement.
This is false. The organization may be able to enforce the pledge agreement with Susie, but it is unlikely to be able to enforce the pledge agreement with Susie's 15-year-old daughter.
What happens i nthe contractIn general, for a contract or agreement to be legally binding, certain elements must be present, including mutual assent, consideration, capacity, and legality.
In this scenario, Bob, the volunteer, is soliciting contributions on behalf of the charitable organization, and Susie and her daughter sign pledges to donate certain amounts. By signing the pledge, they demonstrate mutual assent and potentially fulfill the capacity requirement (assuming they have the legal capacity to make contracts).
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Fill The Blank ?world foreign direct investment flows between 1990 and 2017 increased by 600 percent. if a company decides to set up a new operation in a foreign country, what the company has been involved with______
Fill The Blank ? World foreign direct investment flows between 1990 and 2017 increased by 600 percent. if a company decides to set up a new operation in a foreign country, what the company has been involved with Foreign Direct Investment.
Foreign Direct Investment (FDI) is an investment made by a company or entity in one country into business interests located in another country. It occurs when a company invests directly in facilities such as factories, real estate, or equipment in another country.
FDI is a major driver of economic growth and development, providing companies with access to new markets, and allowing them to benefit from lower production costs and increased efficiency.
Over the past three decades, FDI flows have increased dramatically, with global FDI flows increasing by 600 percent between 1990 and 2017. FDI can also bring with it new technologies and management practices, which can help to boost productivity and competitiveness.
FDI can also create jobs and spur economic growth in the host country, as companies establish new operations and hire local workers. Additionally, FDI can help to increase exports, as countries can benefit from new markets, access to resources, and improved access to capital.
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Can someone please help?? 15 POINTS!
Answer:
mps mean extra dollars of household saved and mpc means extra dollars of household money that is consumed
Because susans standard deduction is greater than the amount she made, it turns out that Susan never owed taxes. How large of a refund should she expect from the Federal
government if she follows through on filing her 1040 form
Note that if Susan's standard deduction is greater than the amount she made, it means her taxable income is zero. If she had any taxes withheld from her paychecks throughout the year, she would be eligible for a full refund of those taxes.
What is the rationale for the above response?Assuming Susan is a single taxpayer under the age of 65 and not claimed as a dependent on anyone else's tax return, her standard deduction for tax year 2022 (filing in 2023) would be $12,950.
If Susan's total income for the year is less than or equal to $12,950, she would owe no federal income tax and would be eligible for a full refund of any federal income tax withheld from her paychecks or estimated tax payments she made throughout the year.
The exact amount of her refund would depend on how much federal income tax was withheld from her paychecks or paid in estimated tax payments throughout the year. Susan can determine the amount of her refund by completing her tax return using Form 1040 and any other applicable forms and schedules.
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What is opportunity cost give an example ?
The opportunity cost is the amount of time spent learning and the money that could be used elsewhere.
When a farmer decides to grow wheat, there is an opportunity cost associated with not doing so or using the resources in another way (land and farm equipment). Instead of driving, a commuter takes the train to work. Opportunity cost is a term from economics that refers to the values or benefits that a company, business owners, or organizations forego when they choose one choice or an alternate option over another option when making business decisions.
As an illustration of opportunity cost, taking public transit instead of driving one's own vehicle to a certain location can save money that would otherwise need to be spent on fuel.
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Which of the following are examples of automatic stabilizers? Check all that apply. As corporate profits rise during an economic expansion, corporate income tax revenues rise. As people earn higher incomes during an expansion, the progressive tax system requires them to pay higher average tax rates. As unemployment falls during an expansion, unemployment insurance payments decline. In 2001, partly in response to a recession, Congress enacted lower income tax rates and increased tax exemptions for married couples.
Answer:
As people earn higher incomes during an expansion, the progressive tax system requires them to pay higher average tax rates
Explanation:
Automatic stabilizers are stabilizers that adjust the economy automatically without the intervention of external agents . examples include progressive tax and transfer payments
In an expansion, progressive tax increases the tax paid and this reduces disposable income
In a contraction, tax paid is reduced and this increases disposable income
The following are the correct examples of automatic stabilizers:
As unemployment falls during an expansion, unemployment insurance payments decline.As people earn higher incomes during an expansion, the progressive tax system requires them to pay higher average tax rates As corporate profits rise during an economic expansion, corporate income tax revenues rise.Thus, options (a),(b), and (c) are the correct answers.
Automatic stabilizers are a sort of fiscal policy intended to counteract changes in a country's economic activity over the course of its regular operation without extra, timely approval by the government or policymakers.
Keynesian economics favors automatic stabilizers as a sort of fiscal policy to address economic downturns and recessions.Governments frequently supplement automatic stabilizers in the event of severe or protracted economic downturns with one-time or short-term stimulus measures in an effort to kick-start the economy.Therefore,
As unemployment falls during an expansion, unemployment insurance payments decline.As people earn higher incomes during an expansion, the progressive tax system requires them to pay higher average tax rates As corporate profits rise during an economic expansion, corporate income tax revenues rise.Thus, options (a),(b), and (c) are the correct answers.
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