Congress increases personal income tax rates in order to balance the budget. Which of the following is likely to result?
Automatic stabilizers will decrease the expansionary impact of the increase in aggregate demand.
Automatic stabilizers will increase the expansionary impact of the increase in aggregate demand.
Automatic stabilizers will decrease the contractionary impact of the decrease in aggregate demand.
Automatic stabilizers will increase the contractionary impact of the decrease in aggregate demand.
Answers
The correct answer is Automatic stabilizers will decrease the contractionary impact of the decrease in aggregate demand.
The consumption component of aggregate demand is impacted by income taxes. An rise in income taxes lowers disposable income for individuals, which in turn lowers consumption (but by less than the change in disposable personal income). Tax revenues will always rise with an increase in the tax rate. Consumption, investment, government purchases of goods and services, and net exports are the four main determinants of aggregate demand. The aggregate demand curve will move to the right if the overall price level declines. An expansionary fiscal strategy involves raising government spending and/or lowering taxes to boost overall demand.
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Related Questions
Objectives of pep stores
Answers
Answer:
The answer is below
Explanation:
PEP is a big store that is located in South Africa and other African countries.
Based on the PEP mission and vision and according to the company's website, the Objectives of PEP stores are:
1. To be the friendliest and most trusted retailer for this market.
2. To offer wanted products and services at the lowest possible prices
3. To meet changing consumer needs.
How do you find a monthly payment on auto loans?
Answers
Answer:
Explanation:
m
The formula for calculating the monthly payment on an auto loan is:
M = P [ i(1 + i)^n ] / [ (1 + i)^n – 1]
Where:
M = monthly payment
P = principal amount of the loan
i = interest rate (per month)
n = number of months of the loan
Alternatively, you can use an online calculator to determine the monthly payment. Many banks and financial institutions offer online loan calculators that allow you to input the loan amount, interest rate, and length of the loan to determine the monthly payment.
It is important to note that the interest rate on an auto loan can vary depending on a number of factors, including the borrower's credit score, the length of the loan, and the type of vehicle being financed. It is also important to shop around to find the best interest rate and loan terms before committing to an auto loan.
Paul’s grocery received 1,000 pounds of onion at $0.11 per pound. On the average, 3% of the onions will spoil before selling. Find the selling price per pound to obtain a makeup rate of 180% based on cost.
Answers
The selling price per pound for onions to obtain a makeup rate of 180% based on cost is $2.0350.
What is the selling price per pound for onions?Total Cost = Quantity * Cost per pound
Total Cost = 1,000 pounds * $0.11/pound
Total Cost = $110
Spoilage Quantity = 3% of Quantity
Spoilage Quantity = 3% of 1,000 pounds
Spoilage Quantity = 0.03 * 1,000 pounds
Spoilage Quantity = 30 pounds
Effective Quantity = Quantity - Spoilage Quantity
Effective Quantity = 1,000 pounds - 30 pounds
Effective Quantity = 970 pounds
Makeup Rate = 180%
Selling Price per pound:
= (Total Cost * Makeup Rate) / Effective Quantity
= ($110 * 1.80) / 970 pounds
= $2.03505/pound.
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The level of analysis for the Industry environment is the _____ level:
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Critique the case: How did Karin originally approach the project? Comment specifically about Karin’s project management skills and approach? 2. While assessing the case, draw a project organigram, identifying the role-players/ stakeholders and whether they were all in original agreement of the project?
Answers
The project organigram should identify the role-players and stakeholders involved in the project and determine if they were all in original agreement.
Who are the role-players and stakeholders involved in the project?The project organigram outlines the key individuals and entities involved in the project including project managers, team members, clients, executives and any other relevant stakeholders.
It also highlights their roles, responsibilities, and relationships within the project structure. Assessing whether they were all in original agreement requires examining the project's initiation phase and the documented agreements such as contracts, memorandums of understanding or project charters.
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How does the way that a search engine gets and organizes information help you understand why Googling alone is not enough?
Answers
Answer:
The search engine works through three primary functions,
Crawling, Indexing and Ranking
Explanation:
Crawling is the process in which the server works as a spiders and finds out information relevant for the user. Indexing is the way to store the web page. Ranking is the priority through which websites are displayed. The most matched text with the URLs are displayed first. The content in the website is matched with the relevance and then displayed to the user.
In QuickBooks Online, where do you go to see all a company's categories organized into account types?
Answers
Answer:
The answer is "Chart of Accounts".
Explanation:
The chart of a financial report is the index of the general ledger of its financial accounts. In short, this is an organization tool that offers a digestible overview between subgroups of any money transfers performed by either a company in such an accounting period. It also using accounting graphs in Quickbooks to see those sections of a company grouped through account forms.
Who can check your credit score?
Answers
Current or potential creditors — like credit card issuers, auto lenders, and mortgage lenders — can pull your credit score and report to determine creditworthiness as well. Credit history is a major factor in determining (a) whether to give you a loan or credit card, and (b) the terms of that loan or credit card.
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$6 million contract. The contract calls for a payment of $1.2 million today, $1.5 million one year from now, $1.5 million two years from now, and $1.8 million three years from today. What is this contract really worth if Ramon can earn 10.5 percent on his money
Answers
Answer:
the present value is $5.12 million
Explanation:
The computation of the present value is shown below:
As we know that
Present value = Cash flows × Present value of discounting factor (rate% and duration)
= $1.2 million + $1.5 million ÷ 1.105 + $1.5 million ÷ 1.105^2 + $1.8 million ÷ 1.105^3
= $5.12 million
Hence, the present value is $5.12 million
We simply applied the above formula so that the correct value could come
And, the same is to be considered
10. The yield to maturity of a $1000 bond with a 7% coupon rate, semiannual coupons, and two years to maturity is 7.6% APR, compounded semiannually. What must its price be
Answers
Based on the information given the price is $989.06.
Price7.6% APR semiannual rate =7.6/2=3.8%
The Cash flows of bond are an annuity of four payments= $35
Face value=$1000
Now let determine the price
Present value=35/(1+.038)^1 + 35/(1+.038)^2+ 35/(1+.038)^3 1000+35(1+.038)^4
Present value=35/(1.038)^1 + 35/(1.038)^2+ 35/(1.038)^3 1000+35(1.038)^4
Present value=$989.06
Inconclusion the price is $989.06.
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Gains on the sale of long-term assets are:
A. added to operating activities.
B. added to investing activities.
C. added to financing activities.
D. subtracted from operating activities.
Answers
Gains on the sale of long-term assets are added to investing activities. Therefore, option B is correct.
When a long-term asset is sold at a gain, the cash received from the sale is classified as a cash inflow in the investing activities section. This section of the statement of cash flows includes transactions related to the sale of long-term assets, such as property, plant, and equipment, and investments in other companies.
Gains on the sale of long-term assets are considered investment-related gains and are included in this section to provide a comprehensive view of the organization's investing activities.
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Alfred E. Old and Beulah A. Crane, each age 42, married on September 7,2017. Alfred and Beulah will file a joint return for 2019. Alfred's Social Security number is 111-11-1109. Beulah's Social Security number is 123-45-6780, and she adopted "Old" as her married name. They live at 211 Brickstone Drive, Atlanta, GA 30304. Alfred was divorce from Sarah Old in March 2016. Under the divorce agreement, Alfred is to pay Sarah $1,250 per month for the next 10 years or until Sarah's death, whichever occurs first. Alfred pays Sarah $15,000 in 2019. In addition, in January 2019, Alfred pays Sarah $50,000, which is designated as being for her share of the marital property. Also, Alfred is responsible for all prior years' income taxes. Sarah's Social Security number is 123-45-6788. Alfred's salary for 2019 is $150,000. He is an executive working for Cherry.Inc. (Federal I.D. No. 98-7654321). As part of his compensation package, Cherry provides him with group term life insurance equal to twice his annual salary. His employer withheld $24,900 for Federal income taxes and $8,000 for state income taxes. The proper amounts were withheld for FICA taxes. Beulah recently graduated from law school and is employed by Legal Aid Society.Inc. (Federal I.D. No. 11-1111111), as a public defender. She receives salary of $42,000 in 2019. Her employer withheld $7,500 for Federal income taxes and $2,400 for state income taxes. The proper amounts were withheld for FICA taxes. Alfred and Beulah had interest income of $500. They received $1,900 refund on their 2018 state income taxes. They claimed the standard deduction on their 2018 Federal income tax return. Alfred and Beulah pay $4,500 interest and $1,450 property taxes on their personal residence in 2019. Their charitable contributions total $2,400 (all to their church). They paid sales taxes of $1,400, for which they maintain the receipts. Alfred and Beulah have never owned or used any virtual currency, and they do not want to contribute to the Presidential Election Campaign. Compute the Old's net tax payable (or refund due) for 2019. Suggested software: ProConnect Tax Online
Answers
To compute the Olds' net tax payable (or refund due) for 2019, we need to gather all the relevant information and calculate their taxable income, apply the appropriate tax rates, deductions, and credits. Since the tax calculation involves various factors and tax laws, it would be best to use tax software such as ProConnect Tax Online or consult with a tax professional. The software will streamline the process and ensure accurate calculations based on the specific tax laws and regulations applicable to the Olds' situation.
How much money can an employer deduct if you accidentally damage or destroy something while working?
Answers
Answer:
The cost of the item that was destroyed.
Considering the (small) data table below (if a customer likes a flavor, that is indicated with a "Y"),
what is the lift ratio for the rule, "If you like Oregon Strawberry and Tillamook Mudslide, then
you'll like Caramel Toffee Crunch"? Please round your answer (not your work in progress!) to the
nearest 0.01.
Answers
Please help!
Note that common contexts are listed toward the top, and less common contexts are listed toward the bottom. According to O*NET, what are common work contexts for Film and Video Editors? Check all that apply.
(1) extremely bright or inadequate lighting
(2) spend time sitting
(3) exposed to disease or infections
(4) indoors, environmentally controlled
(5) face-to-face discussions
(6) deal with physically aggressive people
Answers
Answer:
BCD is wrong on Edge 2021.| The real Answer is BDE... (Edit)
Explanation:
Using resources from comments on the anwser above (or below) and the bad rating meant that is was wrong. And was also wrong for me.
The REAL ANWSER IS BDE..
Your welcome, have a nice day!
5/28/2021
What was the opening price of Dow Jones Industrial Average on Oct 12, 2018 in the format of XXXXX.XX?
Answers
The opening price of the Dow Jones Industrial Average on Oct 12, 2018 was 25,598.74.
What is the Dow Jones Industrial Average?This is one of things known as stock market indexes that track the stock market prices of 30 large companies.
On Oct 12, 2018, this index had an opening price of 25,598.74 after having suffered a loss of 3.2% in the previous day's trading.
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To address a rise in inflation, a government may
A. invest in programs like unemployment benefits to help people in
need.
B. reduce the amount of money it puts into circulation.
C. lower interest rates to allow businesses to borrow more money.
D. raise interest rates to allow businesses to borrow more money.
Answers
It should be B. I took the quiz.
To address a rise in inflation, a government may reduce the amount of money it puts into circulation.Thus the correct answer is B.
What is inflation?When the prices of goods and services increase during a given period of time which affects the purchasing parity of individuals is known as inflation. This results in an increase in the cost of living in the country as the price rise and gives rise to economic inequality.
To address a rise in inflation, a government may reduce the amount of money it puts into circulation which results in a fall in the prices of goods and services and reduce the inflation rate.
Therefore, option B is appropriate.
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Recent news articles have noted that women are "a crucial part of society and they are an untapped resource.") From your point of view, what impact will more women participation in the world economy have on the global GDP?
Answers
Answer:
The more women participate in the labor force and the global economy, the more the global GDP will grow. For too many years and in too many countries women have been forced to carry out only domestic labor, but that should end. A woman is perfectly capable to do the same tasks as any man.
suon
Select the best answer for the question
7. The company's goal is to earn $5 profit for every sale that's made in its stores. Which key performance indicator can be used to measure the results of this goal?
OA. Number of sales per employee
OB. Profit made per sale
OC. Overall company growth
OD. Number of sales per day
Answers
You would see the profits by sale and try to increase it to $5 therefore option B is correct.
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1. McIntyre Company adheres to a policy of depositing all cash receipts in a bank account and making all payments by check. The cash account as of December 31 has a credit balance of $1,850, and there is no undeposited cash on hand. (a) Assuming no errors occurred during journalizing or posting, what caused this unusual balance? (b) Is the $1,850 credit balance in the cash account an asset, a liability, stockholders’ equity, a revenue, or an expense?
2. If the two totals of a trial balance are equal, does it mean that there are no errors in the accounting records? Explain
Answers
1a) Assuming no errors occurred during journalizing or posting, the cause of the unusual balance is an overdraft.
1b) The $1,850 credit balance in the cash account is a liability.
2. If the two totals of a trial balance are equal, it does not mean there are no errors in the accounting records.
What errors do not affect the trial balance?Some accounting errors do not make the trial balance to be unequal.
Some of the errors that will not affect the trial balance include:
Errors Of PrincipleErrors of OmissionIncorrect reportingTransposition ErrorCompensating ErrorsErrors Of CommissionReversal Of Entry ErrorLate payment charges.When anyone of the above errors occurs, the trial balance will still be in balance, and the two totals will be equal.
Data and Calculations:Cash account balance on December 31 = $1,850 Credit
Thus, when the Cash account has a credit balance, it signifies an overdraft, especially when the balance is significant.
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Why is having a long credit history with a few blemishes that were corrected better than a short history that is clear? edg
Answers
Pepper Corporation owns 75 percent of Salt Company's voting shares. During 20X8, Pepper produced 50,000 chairs at a cost of $79 each and sold 35,000 chairs to Salt for $90 each. Salt sold 18,000 of the chairs to unaffiliated companies for $117 each prior to December 31, 20X8, and sold the remainder in early 20X9 to unaffiliated companies for $130 each. Both companies use perpetual inventory systems. Based on the information given above, what amount of cost of goods sold must be reported in the consolidated income statement for 20X8?
a. $2,765,000
b. $1,620,000
c. $1,422,000
d. $2,963,000
Answers
Answer: c. $1,422,000
Explanation:
The Cost of Goods that goes into the Consolidated income statement would be the goods that were sold to unaffiliated companies. The original cost of production would apply:
= Quantity sold to unaffiliated companies in 20X8 * Cost for Pepper
= 18,000 * 79
= $1,422,000
The last item on the statement of cash flows prior to the schedule of noncash investing and financing activities reports a.the net increase or decrease in cash b.net cash flows from financing activities c.net cash flows from investing activities d.cash at the end of the period
Answers
The cash at the end of the period is the last item on the statement of cash flows prior to the schedule of non-cash investing and financing activities reports.
In accounting, statement of cash-flow is a statement that calculate the amount of cash and cash equivalents that comes and leaves the company.
The section of the statement of cash-flow are divided into the operating activities, investing activities and financing activities.Prior to the schedule of non-cash investing and financing activities reports on the Cash-flow statement, the cash at the end of the period is the last item thereon.In conclusion, the Option D is correct.
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HURRY On Monday, Monahan accepts a job at Acme for $50,000 per year. He is to begin work on Friday. On Tuesday, Acme informs him they cannot hire him. Which of the following is true? Select one: a. Acme will breach the contract on Friday if they refuse to hire Monahan. b. Monahan will breach the contract if he fails to come to work on Friday. c. Neither breached the contract because there is no contract until Friday. d. Acme breached the contract on Tuesday
Answers
Answer:
The correct answer is : C. Neither breached the contract because there is no contract until Friday.
Explanation:
As the contract will only become valid when both the parties Mohan and ACME sign up and this will only happen on Friday. But as Mohan is informed by the Acme on Tuesday that they can not hire him before signing up the contract that is scheduled on Friday. Since there is no valid agreement between parties, no breach of contract occurred.
Thus, the correct answer is option C. Neither breached the contract because there is no contract until Friday.
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Questions 2 & 3 are related.
One month into your job at Madison square garden, your supervisor requests that you draft an outline of a hospitality event your department will host for the upcoming hockey season. Which principle can be best used for this assignment?
A) Project Management Software
B) Developing an Action Plan
C) S.M.A.R.T goals
D) None of the above
Question 3
Your supervisor reviews your proposed hospitality event and begins to question if the event will be executed at optimal level and if enough resourcesare available at the department’s disposal.Your supervisor is likely questioning the event
A) Feasibility
B) Success
C) Failure
D) Economic impact
Answers
Answer:
B) Developing an Action Plan
Explanation:
Cash paid to creditors ra 9000 after deducting 10% discount journal entry
Answers
Debit: Creditors (Accounts Payable) 9,000
Credit: Cash 8,100
Credit: Discount Allowed 900
I need some help please and thank you
Answers
Answer:
Education..
Explanation:
Hope i helped u
What is the meaning of 50k in 2018?
Answers
Answer:
50,000
Explanation:
i hope it helped ya <3
Samuelson Electronics has a required payback period of 4 years for all of its projects. Currently, the firm is analyzing two independent projects. Project A has an expected payback period of 3.1 years and a net present value of $42,000. Project B has an expected payback period of 4.1 years with a net present value of $2,640. Which project(s) should be accepted based on the payback decision rule?
Answers
15. Self-defense is a
a. Procedural defense.
b. Substantive defense
c. Bargaining defense
d. Criminal defense
Answers
Self-defense is a most regarded as a procedural defense. The Option A is correct.
What is Self-defense in criminology?In criminal law, self-defense is justification for inflicting serious harm on another person on the grounds that the harm was inflicted to protect oneself. Many jurisdictions recognize the right to self-defense as a legal justification for the use of force in times of danger.
In general, killing is not a criminal act when the killer reasonably believes he is in imminent danger of losing his life or suffering serious bodily injury at the hands of an assailant and that killing the assailant is necessary to avoid the peril.
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