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Luda [366]
2 years ago
13

To positively stimulate an economy using fiscal policy, government spending should ______, and taxes should ______.

Business
1 answer:
Andrei [34K]2 years ago
8 0

Answer:
rise;fall

Explanation:

The government might issue tax stimulus rebates to increase aggregate demand and fuel economic growth. The logic behind this approach is that when people pay lower taxes, they have more money to spend or invest, which fuels higher demand.

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Splish Company began operations on January 2, 2019. It employs 12 individuals who work 8-hour days and are paid hourly. Each emp
AlexFokin [52]

Answer: what is the question being asked?

4 0
2 years ago
Is the statement below true or​ false? ▼ True False . ​(Select from the​ drop-down menu.) The cash surplus can be used for a var
nlexa [21]

Answer:

(A)  The cash surplus can be used for a variety of purposes. In the​ short-term, they may replace their​ car, buy better​ furniture, or more quickly pay off their home. TRUE

(B)Alternatively, they may purchase stocks and​ bonds, or increase their savings for future needs. TRUE

(C) Investments in the stock market are generally designed to increase an​ individual's future​ wealth, the purchase of bonds typically allows one to at least retain their purchasing​ power, while investment in savings accounts provide liquidity. FALSE

Explanation:

(A) The currency can be used to anything he owner wants.

(B) Correct, the ecnomics always define that a person after receiving his income has only two option available. It can used in consumer goods. Or it can saved  to invest

(C) The reason the stock and bonds exist is to raise fund for companys whichyield a return. The company takes the most benefit from this system as it would be difficult to convince a single peroson to invest a large amount in his business. Through sotck it can ask for fewer amount to more people but, this people will receive an income but it won't become rich for a couple shares.

As this part is not true, then the whole sentence must be catalogate as false.

5 0
3 years ago
An​ "excessive" budget deficit in this context is
rjkz [21]

Answer:

A) A relatively large budget deficit as a percentage of GDP beyond the European​ Union's deficit and debt rules.

Explanation:

A budget deficit is when the governments have more expenditures in a budgeted year than they have the revenues in form of taxes and other incomes. A deficit is excessive if it is large in comparison to the GDP.

In the European Union the budget deficit is considered excessive if it exceeds 3% of the running years GDP.

A public debt percentage to GDP of 60% or above is considered excessive as most of the GDP then is used for debt servicing and thus impacts negatively on the financial health of the country.

Hope that helps.

6 0
3 years ago
A diesel-powered tractor with a cost of $186,240 and estimated residual value of $5,700 is expected to have a useful operating l
scoundrel [369]

Answer:

$612

Explanation:

To compute the depreciation, first we have to compute the depreciation per hour which is given below:

= (Cost of diesel-powered tractor  - estimated residual value) ÷ (useful operating life)

= ($186,240 - $5,700) ÷ (59,000 hours)

= ($180,540) ÷ (59,000 hours)

= $3.06 per hour

Now the depreciation would be

= Operated hours  × depreciation per hour

= 200 units × $3.06

= $612

7 0
3 years ago
Cullumber Company has the following balances in selected accounts on December 31, 2020.
wolverine [178]

Answer and Explanation:

The adjusting entries are shown below:

1. Interest expense [$11,400 × 9% × 4 ÷ 12] $342  

    To Interest payable  $342

(being accrued interest expense is recorded)  

2. Supplies expense [$2,200 - $820] $1,380  

     To Supplies  $1,380

[Being supplies expense is recorded]  

3. Depreciation expense $1,200  

     To Accumulated depreciation-Equipment $1,200

[Being depreciation expense is recorded]  

4 Insurance expense [$3,960 × 7 ÷ 12] $2,310  

          To Prepaid insurance  $2,310

[being insurance expense is recorded]  

5  Unearned service revenue $7,000  

             To Service revenue $7,000

[Being revenue from unearned is recorded]  

6 Accounts receivable $4,200  

         To Service revenue  $4,200

[Being accrued service revenue is recorded]  

7 Salaries expense [$5,400 ×  3 ÷ 5] $3,240  

          To Salaries payable $3,240

[being accrued salaries expense is recorded]

4 0
3 years ago
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