All categories

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

#SPJ4

You might be interested in

In each of the following situations, indicate whether the 50% reduction for meals applies.

Mashcka [7]

Answer:

Each year, the employer awards its top salesperson an all-expense-paid trip to Jamaica.

This should be considered as part of the employees' compensation (and the employee should be taxed), therefore, the company can deduct 100% of it.

The employer has a cafeteria for its employees where meals are furnished at cost.

Cafeteria meals are not included in the 50% deduction.

The employer sponsors an annual Labor Day picnic for its employees.

This is considered a recreational activity paid by the employer, so the 50% deduction does not apply.

Every Christmas, the employer gives each employee a fruitcake.

It is a fringe benefit, although I doubt that the employees are taxed for receiving a fruit cake. There is no 50% deduction. (referred to as de minimis fringe benefit)

The taxpayer gives business gifts to her clients at Christmas.

Business gives are not subject to a 50% deduction, instead they are subject to a $25 limit.

5 0

3 years ago

Larry Simmons has split-limit 150/225/110 automobile liability insurance. Several months ago Larry was in an accident in whic

goblinko [34]

Answer:

Larry's insurance policy cover = $729,000

Amount pay by Larry = $243,000

Explanation:

Given:

Number of insurance = 3

Each injured person awarded = $243,000

Find:

Larry's insurance policy cover

Amount pay by Larry

Computation:

Larry's insurance policy cover = Number of insurance × Each injured person awarded

Larry's insurance policy cover = $243,000 × 3

Larry's insurance policy cover = $729,000

Amount pay by Larry = $243,000 (For fourth person)

3 0

3 years ago

The Chilton Corporation specializes in manufacturing one type of desk lamp. Chilton allocates variable manufacturing overhead co

Sloan [31]

Answer:

See below

Explanation:

Given the above information, we can compute variable manufacturing overhead efficiency variance to be;

= (SA - AQ) × SR

Where

Standard quantity = SQ = 19,000

Actual Quantity = AQ = 7,600

Standard Rate = SR = $1.9

Variable manufacturing overhead efficiency variance

= [(19,000 × 0.3) - 7,600] × $1.9

= (5,700 - 7,600) × $1.9

= $3,610 U

3 0

2 years ago

Discuss 5 sources of government revenue in the economy

Marina86 [1]

The government may either sell goods or render services like train, city bus, electricity, transport, posts and telegraphs, water supply, etc. The government also earns revenue from the production of commodities like steel, oil, life-saving drugs, etc.

7 0

2 years ago

Taj study process technology in college. He understands how to keep chemicals at the correct temperature for them to be used in

USPshnik [31]

A steel manufacturer looking for a technician to oversee their melting process

Option A

<u>Explanation: </u>

The basic method used for manufacturing silicon chips that are calculated by the transistor's size. Miniaturisation and process automation are at the core of integrated circuits architecture, and this constant target is smaller.

This means greater computational power per cubic inch, and smallness allows for the design of ultra-small chips almost everywhere in the world.

Steel technology has evolved nearer to steel oxygen manufacturing, as there is more chemical power added into the process. The quality of products made from liquid steel is also significant.

8 0

3 years ago