Answer: Option (D) is correct.
Explanation:
From the information given in the question, it was observed that fiscal policy in year 2 is expansionary by comparing it with the fiscal policy in year 1.
The budget deficit in year 1 is $200 billion and in year 2 is $225 billion, so there is an increase in the budget deficit from year 1 to year 2. This means that there is an implementation of expansionary policy either by increasing government spending or decreasing taxes.
On the other hand, standardized deficit also increases from year 1 to year 2, which is also an indication of expansionary fiscal policy.
The MARGINAL tax rate is the percentage of additional earnings that goes to taxes.
Marginal tax rate stands for the amount of tax paid on any additional income. It is based on progressive tax system that increases with the increase of an individual's income. Thus, it varis with the income of an individual.
The probability that the first student dressed inappropriately for the football game will be the 10th student checked is <u>3.182%</u>.
<h3>What is probability?</h3>
Probability refers to the chance that an outcome occurs given the possibility of many outcomes.
As a measure, probability represents the ratio of the outcomes from a set of equally likely outcomes.
<h3>Data and Calculations:</h3>
Estimated proportion of students dressed inappropriately = 7%
Number of players for a football game = 22 (11 x 2)
Probability that the first one dressed inappropriately will be the 10th = 0.031818 (0.07 x 10/22).
Thus, the probability that the first student dressed inappropriately for the football game will be the 10th student checked is <u>3.182%</u>.
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If there is a budget deficit during the biennium, money can be used from the economic stabilization fund with approval of 3/5th of the members of both the Texas house and the Texas Sentae.
<h3>What is the meaning of the Senate?</h3>
The House of Representatives is the lower chamber of the United States Congress, and the United States Senate is its upper chamber. They are all members of the nationwide bicameral legislatures of both the United States.
A deliberative assembly known as a senate is frequently the upper house or chamber of such a bicameral legislature.
The majority leader is thought to be the party's most powerful senator since he or she represents the party's interests in the Senate as its top representative.
This Is one of The United States Constitution specifies the makeup and authority of the Senate. Each senator in the Senate is an official representative of a single state.
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Answer:
Deitz Corporation
Cash Budget
For the Quarter ended March 31, 2020:
Beginning balance $33,300
Cash Collections From Customers 205,350
Sale of Equipment 3,330
Total available cash $241,980
Cash Payments:
Direct materials $47,730
Direct labor 77,700
Manufacturing overhead 38,850
Selling & Administrative 49,950
Purchase of Securities 15,540 $(229,770)
Ending Balance $12,210
Minimum Balance 27,750
Shortfall $15,540
Explanation:
Deitz Corporation uses this Cash Budget which it has prepared to understand its financial needs for the next quarter. For example, with the minimum balance of $27,750 most likely based on past experience the corporation will start making arrangements for some outside funds to the tune of $15,540 or more to meet its cash needs for the first quarter.
