What effect would taxation have on real consumption spending when government spending is autonomous?

Answers

Answer 1

When government spending is autonomous, it means that it is independent of changes in the economy, such as changes in income or consumption.

Taxation, on the other hand, refers to the process of levying taxes on individuals and businesses.

The effect of taxation on real consumption spending depends on several factors. In general, when taxes increase, individuals and businesses have less disposable income available for consumption. This leads to a decrease in real consumption spending.

Here are the steps to understand the effect of taxation on real consumption spending:

1. Taxation reduces disposable income: When taxes are levied, individuals and businesses have to pay a portion of their income to the government. This reduces the amount of money available for consumption purposes.

2. Decreased disposable income reduces consumption spending: With less disposable income, individuals and businesses have less money to spend on goods and services. This leads to a decrease in real consumption spending.

3. Impact on savings: When consumption spending decreases, individuals and businesses may choose to save more instead of spending. This can further reduce real consumption spending.

4. Multiplier effect: The decrease in real consumption spending can have a multiplier effect on the overall economy. When consumption decreases, businesses may experience lower demand for their goods and services, leading to reduced production and potentially job losses.

In summary, when government spending is autonomous and taxation is increased, it typically leads to a decrease in real consumption spending due to reduced disposable income.

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Related Questions

HELP ASAP PLEASE
The CPI is calculated by comparing
the spending levels at the beginning of
each year to the end of each year. In
this way, the calculation is similar to
what?
A. Unemployment
B. Inflation
C. Circular Flow Model

Answers

C . Circular Flow Model is an economic model that shows the flow of money through the economy.

Answer:inflation

Explanation:

The theory of planned action expands upon the behavioral intentions model by including a SUBJECTIVE NORM component.

Answers

The theory of planned action is an expansion of the behavioral intentions model that incorporates a subjective norm component. This addition recognizes the influence of social norms and the perceived expectations of others on an individual's behavioral intentions and subsequent actions.

The behavioral intentions model posits that an individual's intentions to engage in a particular behavior are the primary determinants of their actual behavior.

It suggests that behavioral intentions are influenced by two key factors: attitudes toward the behavior and subjective norms. Attitudes reflect an individual's personal evaluation of the behavior, while subjective norms capture the perceived social pressure or expectations to perform or not perform the behavior.

The theory of planned action builds upon this model by introducing an additional component known as subjective norm.
Subjective norm refers to an individual's perception of social norms and the influence of significant others on their behavioral intentions. It takes into account the beliefs about what important others think they should do, as well as the motivation to comply with those expectations.

By incorporating subjective norm, the theory of planned action recognizes that social factors play a crucial role in shaping an individual's intentions and subsequent behavior.
It acknowledges that people are not solely influenced by their personal attitudes but also consider the perceived norms and expectations of others.
This expanded model provides a more comprehensive understanding of the factors that influence human behavior and helps explain why individuals may deviate from their initial intentions based on social pressures or the desire to conform to societal norms.

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What is a disadvantage to online
banking?
security breaches can
happen and compromise
your personal information
it makes you use your
computer
it prevents you from
having to go to the
ATMto deposit
money
it is convenient

Answers

One major disadvantage of online banking is the potential for security breaches and the compromise of personal information. Since online banking involves transmitting sensitive information over the internet, such as account numbers, passwords, and social security numbers, there is always a risk of that information being intercepted by hackers or other unauthorized individuals.

Additionally, online banking may require the use of a computer or mobile device, which can be inconvenient for those who do not have easy access to such devices or who prefer to conduct their banking in person. Finally, while online banking may be convenient for many people, it does not allow for the same level of personal interaction with bank representatives as traditional banking methods, which can be a disadvantage for those who prefer to have a more personalized banking experience.

Consider two mutually exclusive projects with year-end cashflows as shown. At a MARR of 8%, which project would be worth pursuing using the concept of incremental IRR.
X Y
0 -$12,000 -$9,000
1 $2,000 $4,000
2 $6,000 $4,000
3 $4,000 $2,000
4 $4,000 $2,000
O a. Project X
O b. Project Y
O c. Either would be fine
O d. Cannot be deduced

Answers

The unemployment caused as a result of imposing a minimum wage of $30 is 5.

What is the unemployment rate due to the $30 minimum wage?

When a minimum wage of $30 is imposed, it exceeds the equilibrium wage determined by the market forces of supply and demand. As a result, the price of labor becomes artificially high, leading to a reduction in the quantity of labor demanded by employers. This imbalance between labor supply and demand creates unemployment.

In this case, the specific unemployment rate caused by the $30 minimum wage is 5, which represents the number of individuals who are willing and able to work at that wage but cannot find employment. This calculation indicates the magnitude of the negative impact on employment due to the minimum wage policy.

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An accounting firm that prepares taxes for an advertising agency operates in the
market.
A. consumer-to-business
B. business-to-consumer
C. business-to-business
D. consumer-to-consumer

Answers

C. Business to business

If someone asks you a question in the workplace, but you don't know what to answer, what is something you should not say

Answers

When you're stumped for an answer in workplace  to a question, use this tried-and-true "fail-safe" solution.

What to say in an interview when you're unable to respond to a question?

Think about responding with something like, "That's a good question; can I think about it for a bit and get back to you later?" or "Great query! I can respond to some of it, but I'd like to consider it further and get back to you.

What should you say when you don't have the answer to a question?

Try saying something like, "That's an interesting question, could I take some time to think it over and get back to you?" or "I can give you a partial answer to that enormous question.

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Question:-

How do you respond when you don't know the answer at work?

transferring $12,000 in revenue and $8,000 in expenses into equity would be performed during which phase of the accounting cycle?close journalize report adjust

Answers

Transferring $12,000 in revenue and $8,000 in expenses into equity would be performed during the closing phase of the accounting cycle.

The accounting cycle is a series of steps that businesses use to record, classify, and report their financial transactions. The cycle typically includes four phases: journalize, post, adjust, and close.

During the closing phase, the temporary accounts, such as revenue and expenses, are closed out and transferred to the permanent equity accounts. This is done to reset the temporary accounts to zero and to prepare the accounts for the next accounting period. The process of transferring the balances of the temporary accounts to equity is known as closing entries.

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When using graphs and charts, the salesperson should most likely:
A) assume the customer will understand them
B) move past them quickly
C) interpret them for the customer
D) assume the customer will read them after the presentation
E) bring only one or two hard copies, even when presenting for a group

Answers

When using graphs and charts, the salesperson should most likely interpret them for the customer.

Interpreting the graphs and charts for the customer helps ensure that the information is clearly understood and effectively communicated. Salespeople should not assume that customers will automatically understand the data presented in the graphs and charts.
Instead, they should take the time to explain the key points, highlight important trends or insights, and relate the information to the customer's specific needs or concerns.
By interpreting the graphs and charts, the salesperson can help the customer make informed decisions and see the value in the products or services being offered.
It is essential to engage the customer in a meaningful way and provide relevant context to enhance their understanding and decision-making process.

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when developing contingency plans, your textbook recommends developing a minimum of contingencies?

Answers

The textbook recommends developing at least three contingencies for any given situation.

What is contingency?
A contingency plan, as well known as Plan B informally, is a strategy developed to deal with a situation that is not anticipated in the regular (expected) plan. It is frequently used in risk management for just a rare risk that, while unlikely, could have disastrous results. Creating a contingency plan is frequently done by governments or businesses. The process of putting a contingency plan into action involves five steps: assembling a planning team, determining the extent of the issue, developing a plan, testing the plan, and maintaining the plan's accuracy. For instance, if a company's employees are all travelling on the same plane and it crashes, killing everyone on board, the company may be severely strained and even destroyed.

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flora Quinton is buying a new air compressor for her auto repair shop. it sells for $1,299. She makes a down payment of $199 and finances the remainder. How much does she finance?

Answers

I believe the answer is $1,100

Answer:

$1,100

Explanation:

flora Quinton is buying a new air compressor for her auto repair shop. it sells for $1,299. She makes a down payment of $199 and finances the remainder. How much does she finance?

1,299 - 199 = 1,100

What is the primary goal for a product during its maturity phase?

A. Improve product quality
B. Maximize profit
C. Prepare for the time when the product must be phased out
D. Greater market share

Answers

Greater market share

Answer:

Maximize profit

Explanation:

right answer

In business, a group of people who work together in an attempt to achieve some specific purpose is known as a(n) _____. Multiple choice question. cadre symposium cohort organization

Answers

There are different kinds of firms. In business, a group of people who work together in an attempt to achieve some specific purpose is known as an organization.

What is an organization?

An organization is regarded as a combination or a group of people that are said to be working together such as an association, a charity, a union, etc.

The word organization also connote a group or business, or to the process establishing something.

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1. How does weather impact economics?

2. What are the five MOST damaging types of weather in regards to the economy? How/Why are
there large impacts on the economy when these happen? Explain and/or give examples for each.
a.
b.
c.
d.
e.

Answers

Answer:

we have 4 seasons but here in philippines we just have to it can affect our lifes by just climate change like uhmm rainy day the 4 season is

RAINY

SUNNY

FALL

SNOWY

How can I become rich???

Answers

Explanation:

1, Don’t focus on a job, use the income from your job to invest to create different forms of income

2, Fastest way to get rich is to form a business

that's it :)

You can start a side business or go into a trade they are really high in demand because nobody wants to do them

PLS HELPPP!!! FASTTT!!! A firm has three different investment options. Option A will give the firm $10 million at the end of one year, $10 million at the end of two years, and $10 million at the end of three years. Option B will give the firm $15 million at the end of one year, $10 million at the end of two years, and $5 million at the end of three years. Option C will give the firm $30 million at the end of one year, and nothing thereafter. Which of these options has the highest present value?

a. Option A
b. Option B
c. Option C
d. The answer depends on the rate of interest, which is not specified here.

Answers

Answer:

i would say d

Explanation:

A(n) _____ identifies how you feel about an activity or subject.

Answers

Answer:

Survey

it questions and identifies how you feel about an activity or subject.

Answer: interest theory

took it on edg.

Owner must share their profits.
True or false

Answers

Answer:

True

Explanation:

True because they need to pay their workers

Suppose the city of Austin, TX chooses to regulate the number of street vendors operating near the University of Texas by requiring each vendor to own a permit in order to operate. The city gives free permits to all existing vendors and announces that no new permits will ever be issued. Prior to regulation, the costs (including implicit costs) of operating were $85,000 and revenues were $150,000. The city ordinance allows the permits to be bought and sold without restriction. The permits have no expiration date. The interest rate is 10 percent. After regulation, existing street vendors earn an
A. accounting profit of zero.
B. economic profit of $130,000.
C. economic rent of $65,000
D. economic loss.

Answers

Answer:

economic rent of $65,000

Explanation:

Economic rent is the amount of money paid in excess to a factor of production in excess of what is socially optimum

Economic rent = $150,000 - $85,000 = $65,000

Accounting profit= total revenue - explicit cost

Total revenue =price x quantity sold  

Explicit cost includes the amount expended in running the business. They include rent , salary and cost of raw materials

Economic profit = accounting profit - implicit cost

Implicit cost is the cost of the next best option forgone when one alternative is chosen over other alternatives

Without the regulation, economic profit would be driven to zero.

In a study of the effectiveness of an antipsychotic drug, patients treated with the drug were compared to patients receiving a placebo. The contingency table of results is below: Drug Placebo Relapse 639 698 1337 No Relapse 1488 370 1858 2127 1068 3195 Fill in the blanks below with the expected frequencies for each cell. Round to two decimal points. Expected Frequency (Drug|Relapse) is ____ Relapse) is ___ (Placebo No Relapse) is ___

Answers

Expected Frequency (Drug|Relapse) 888.41. Expected Frequency (Drug|No Relapse) 1232.34.

The expected Frequency (Plasbo|Relapse) is approximately 446.59. The Expected Frequency (Placebo|No Relapse) 620.76

To calculate the expected frequencies for every cellular within the contingency desk, we are able to use the following components:

Expected Frequency = (Row Total * Column Total) / Grand Total

Let's calculate the expected frequencies:

Expected Frequency (Drug|Relapse) = (Row Total for Drug * Column Total for Relapse) / Grand Total = (2127 * 1337) / 3195 ≈ 888.41Expected Frequency (Drug|No Relapse) = (Row Total for Drug * Column Total for No Relapse) / Grand Total = (2127 * 1858) / 3195 ≈ 1232.24Expected Frequency (Placebo|Relapse) = (Row Total for Placebo * Column Total for Relapse) / Grand Total = (1068 * 1337) / 3195 ≈ 446.59Expected Frequency (Placebo|No Relapse) = (Row Total for Placebo * Column Total for No Relapse) / Grand Total = (1068 * 1858) / 3195 ≈ 620.76

Rounded to 2 decimal points:

Expected Frequency (Drug|Relapse) 888.41Expected Frequency (Drug|No Relapse) 1232.34Expected Frequency (Plasbo|Relapse) is approximately 446.59Expected Frequency (Placebo|No Relapse) 620.76

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the profit mark-up is a percentage of the cost price which is added to the cost price in order to calculate the selling price.

true or false if false say why​

Answers

Answer:

true

Explanation:

which republicans voted for debt ceiling

Answers

Answer:

   John Barrasso of Wyoming, Roy Blunt of Missouri, Susan Collins of Maine, John Cornyn of Texas, Mitch McConnell of Kentucky, Shelley Moore Capito of West Virginia, Lisa Murkowski of Alaska, Rob Portman of Ohio, Mike Rounds of South Dakota, Richard Shelby of Alabama, and John Thune of South Dakota.

The coffee and sandwich company will initiate delivery service. It will expand services and
expected to grow its dividend at the rate of 10% a year for the first 2 consecutive years, but after
that at the lower rate of 5% a year thereafter forever. What is the price per share of CSC if the
dividend just paid is $4.25 and the required rate of return is 20%?

Answers

The price per share of CSC, based on the Dividend Discount Model (DDM), is approximately $31.61.

To determine the price per share of CSC (Coffee and Sandwich Company), we need to calculate the present value of its future dividends using the Dividend Discount Model (DDM). The DDM values the stock based on the present value of expected future dividends.

Given information:

Dividend just paid = $4.25

Dividend growth rate:

First 2 consecutive years = 10% per year

Thereafter = 5% per year

Required rate of return = 20%

Step 1: Calculate the dividends for each year:

Dividend Year 1 = Dividend just paid * (1 + growth rate)

= $4.25 * (1 + 10%)

Dividend Year 2 = Dividend Year 1 * (1 + growth rate)

= Dividend Year 1 * (1 + 10%)

Dividend Year 3 onwards = Dividend Year 2 * (1 + growth rate) = Dividend Year 2 * (1 + 5%)

Step 2: Calculate the present value of each dividend:

Using the required rate of return as the discount rate, we can calculate the present value of each dividend.

Present value of each dividend = Dividend / (1 + required rate of return)^n

where n represents the number of years.

Step 3: Calculate the sum of present values of all future dividends:

Sum up the present values of each dividend to find the price per share of CSC.

Price per share = Present value of Dividend Year 1 + Present value of Dividend Year 2 + Present value of Dividend Year 3 + ...

Performing these calculations, we find that the price per share of CSC is approximately $31.61.

The price per share of CSC, based on the Dividend Discount Model (DDM), is approximately $31.61. This valuation takes into account the expected growth rate of dividends for the first two years and a lower growth rate for subsequent years, along with the required rate of return.

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Prepare a contribution format income statement at the company's break-even point that shows the appropriate levels of sales for the two products. (Do not round intermediate calculations. Round your answers to the nearest dollar amount.)

Answers

The overall contribution margin (CM) ratio for the company is 30% and  Overall break-even point in dollar sales is $80,000.

Contribution margin (CM) ratio

1. Overall contribution margin ratio

Overall contribution margin ratio = Total contribution margin/Total sales

Overall contribution margin ratio= $30,000/ $100,000

Overall contribution margin ratio = 30%

2. Overall break-even point in dollar sales

Overall break-even = Total fixed expenses/ Overall contribution margin ratio

Overall contribution margin ratio= $24,000/30%

Overall contribution margin ratio= $80,000

3.  Contribution format income statement

                                 Claim-jumper Makeover Total

Original dollar sales $30,000 $70,000 $100,000

Percent of total 30% 70% 100%

Sales at break-even $24,000 $56,000 $80,000

Variable expenses:

Claim-jumper

Variable expenses= ($24,000/$30,000) × $20,000

Variable expenses= $16,000

Makeover

Variable expenses=($56,000/$70,000) × $50,000

Variable expenses= $40,000

Therefore the overall contribution margin (CM) ratio for the company is 30% and  Overall break-even point in dollar sales is $80,000.

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Why is it important to file your income taxes before tax day? provide two reasons.

Answers

Answer:

There are several reasons to complete tax returns early rather than waiting until Tax Day: More accurate returns potentially resulting in larger refunds. Less competition for appointments with tax preparers. More time to plan for tax payments. Less chance of tax fraud.

Explanation:

:) DO YOUR TAXES!!! lol

Because if you file the,  store tax day then there is less stress when it comes to filling them out. Also if you just fill them all out the day of then  you might become more frantic and forget things.

Advise someone on the implications of CPA on businesses​

Answers

Answer:

Impact of the CPA on businesses

The main function of the Consumer Protection Act now is to protect consumers against product liability. Protection against product liability means that consumers are protected if the product they purchase from you is defective and causes further damage.

Explanation:

Hope it helps! Correct me if I am wrong :>

Sarah's dog had purebred puppies that she decided to sell on www.puppyfind.com. She ships them using an airline. If a puppy dies, to
whom is the carrier liable?
O It is liable to Sarah's enterprise, her sole proprietorship.
O It is liable to the third party, the buyer.
O It is liable to Sarah, the principal
O Both the first and second answers only.

Answers

i think it might be the first option

If a puppy dies, then the airline carrier is liable. The transportation provider is in charge of providing accommodations for the animals while on a trip.

The airline carrier is liable for the puppy's death. Since the airline carrier did not maintain the proper temperature in the cargo space, which they were supposed to do, they are the ones who are responsible for the death of the puppy.

Sarah, as the seller, is not liable as she fulfilled her responsibility by selling a healthy puppy. The buyer is also not liable for the puppy's death as they were not responsible for the transportation of the puppy. Therefore, the airline carrier is the party responsible for the puppy's death.

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Probably the full options are:

The airline carrier is liable.The buyer is liable.

Why is previous work experience important when getting a job?

Answers


Job experience will help you determine whether in the future the place or sector is somewhere you see yourself.

Answer: The other person was right, go ahead an' mark them brainliest ;b

Employee ________ are perks that are provided in addition to salaries and wages, such as all or part of medical, dental, life and disability insurance.
a. taxes
b. benefits withholdings

Answers

The correct word used to describe the given statement is "Employee benefits"

What is Employee Benefit?

This refers to those perks and good things which an employee enjoys which are work-related and include medical, dental, life insurance, etc.

Hence, we can see that these are part of the employment package and are usually negotiated before an employee is accepted into an organization and are for the well-being of the employee.

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Which portion would not be part of an investment portfolio? ( A ) A SAVINGS 529 PLAN ( B ) Equity investments in a company ( C ) a saving account ( D ) Commodities funds I picked ( A ) and it was wrong but when I checked 5.07 Unit Test: Saving and Investing Quiz flashcards it says ( a ) so where I go wrong. plus i got number 1 wrong to it says . ( 1 ) Which situation is a good reason to have a financial reserve that's larger than normal?

, having a large monthly car payment, ,


being able to find another job quickly if needed - I picked this one wrong again but the flash card said its this one




having mostly discretionary expenses




having an income that is fairly predictable

Answers

The portion that would not be part of an investment portfolio is : ( C ) a saving account

The situation that  is a good reason to have a financial reserve that's larger than normal is: A. Having a large monthly car payment.

Which portion would not be part of an investment portfolio?

1. Option C, a saving account, would not be part of an investment portfolio as it is a basic bank account that offers low interest rates and is typically used for saving money rather than investing.

The other options, A, B, and D, are all investment options that can be included in an investment portfolio

2. Having a large monthly car payment is a situation that would warrant having a financial reserve that's larger than normal. This is because the car payment is a fixed expense that must be paid every month, and in the event of a financial emergency or unexpected expense, having a larger financial reserve can provide a cushion and prevent defaulting on the car payment.

It is always a good idea to have a financial reserve that can cover at least three to six months of expenses, regardless of the specific situation.

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Question 4
Before you start making donations to not-for-profits you should write up a
business plan, give yourself a company name, and hire employees.
True.
False

Answers

Answer:

false

Explanation:

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