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1 year ago

The question of how a tax change might impact U.S. economic output is most closely associated with the study of

Business

1 answer:

inn [45]1 year ago

8 0

A tax change that might impact U.S. economic output is most closely associated with the study of macroeconomics.

<h3>What do you mean by macroeconomics?</h3>

Macroeconomics is the study of how economies function, including changes in the balance of payments, inflation, interest and foreign exchange rates, and economic production. Only with a solid monetary and fiscal policy are poverty alleviation, social equality, and sustainable growth conceivable.

Maximizing the standard of living and achieving steady economic growth are the overarching objectives of macroeconomics.

Functioning of an Economy, Formulation of Economic Policies, Understanding Macroeconomics, Understanding and Controlling Economic Fluctuations, Inflation and Deflation, Study of National Income, Study of Economic Development, Study of an Economy's Performance, and Nature of Material Welfare are all important aspects of macroeconomics.

To know more about Macroeconomics refer to: brainly.com/question/13120341

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Total quality management__________.

artcher [175]

Answer:

c. gives all employees the responsibility for achieving quality goals.

Explanation:

Total quality management is the process by which processes are continuously streamlined to avoid errors, improve experience of customers, and maintain training of employees. Every employee takes responsibility for producing final quality product.

The main focus of total quality management is to produce quality product by continuously improving the manufacturing process.

Although TQM originated in the manufacturing industry, it is applied in banking, finance, and medicine.

3 0

3 years ago

Suppose that while Melissa was on the coast, she also spent two days sightseeing the national parks in the area. To do the sight

natta225 [31]

Answer:

$1,300

Explanation:

Only the cost that are directly related to the business conference is to be deducted as Melissa's business tax. Sightseeing cost is therefore not part of her original plan. The business related cost are therefore;

$400 for round-trip airfare to San Francisco
$250 fee to register for the conference,
$300 per night for three night’s lodging,
$200 for meals, and
$150 for cab fare.

A summation of this cost would give $1,300 as the amount of the total costs that can Melissa deduct as business expenses.

5 0

3 years ago

Read 2 more answers

Products is a manufacturer of large flower pots for urban settings. The company has these standards:

slega [8]

Answer:

Results are below.

Explanation:

First, we need to determine the standard production costs:

Direct materials= 9.6*4.55= $43.68

Direct labor= 1*15.80= $15.8

Variable manufacturing overhead rate= 3.40*1= $3.4

Predetermined fixed manufacturing overhead rate= 6*1= $6

Finally, the standard cost per unit:

Total unitary cost= 43.68 + 15.8 + 3.4 + 6= $68.88

5 0

2 years ago

Your automobile insurance includes premiums of $510 for liability, $220 for collision, and $130 for comprehensive. what is your

Vadim26 [7]

To get the total insurance premium, just add the three premiums:Total premium = liability + collision + comprehensivewhere:liability = $510collision = $220comprehensive = $ 130Total premium = $510+$220+$130 =$860

7 0

2 years ago

Michael Barry, Attorney, P.C. began the year with total assets of $126,000, liabilities of $74,000, and stockholders’ equity of

goldenfox [79]

Answer:

The expenses can be recorded as follows;

Debit to the expenses of $33,000 and a credit to the cash account of $33,000.

Explanation:

The accounting equation is an equation that tends to balance a company's assets on one side and the sum of its liabilities and shareholders equity on the opposite side of the equation. It form the basis for the double-entry system in accounting that includes an accounts debit and credit. The debit is a sum to an amount that is owed, it is usually listed on the left hand-side of an account while the credit is a listing of a sum that is received usually on the right hand side of an account.

In the case of Michael Barry, the accounting equation;

Assets=liabilities+stockholders equity

Assets=$126,000

Liabilities=$74,000

Stockholders equity=$52,000

liabilities+stockholders equity=74,000+52,000=$126,000

The assets equals the sum of the liabilities and stockholders equity.

To record expenses paid of $33,000;

Debit Credit

Expenses $33,000

Cash $33,000

3 0

3 years ago