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Jlenok [28]
2 years ago
7

Suppose the government cuts taxes to keep the economy's cyclically adjusted budget in balance when the economy is expanding. The

government is engaging in a(
Business
1 answer:
lara31 [8.8K]2 years ago
7 0

When the government cuts taxes to keep the economy's cyclically adjusted budget in balance when the economy is expanding. The government is engaging in "neutral fiscal policy".

<h3>What is neutral fiscal policy?</h3>

When a government choice to tax, spend, or borrow has, or is meant to have, no overall impact on the economy, the action is considered fiscally neutral. Changes in policy can be viewed as neutral in terms of either their macroeconomic, microeconomics, or both effects.

fiscal neutrality occurs when taxes and government spending have no net effect-

  • on the overall budget,
  • total demand,
  • economic activity.

To know more about the difference between macroeconomics and microeconomics, here

brainly.com/question/26191496

#SPJ4

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ou are considering a project with cash flows of $16,500, $25,700, and $18,000 at the end of each year for the next three years,
aleksandr82 [10.1K]

Answer:

Total PV= $50,032

Explanation:

Giving the following information:

$16,500, $25,700, and $18,000

Cf1= $16,500

Cf2= $25,700

Cf3= $18,000

Discount rate= 9.7%

<u>To calculate the present value, we need to use the following formula:</u>

PV= FV/(1+i)^n

Cf1= 16,500/(1.097)= 15,041

Cf2= 25,700/1.097^2= 21,356

Cf3= 18,000/1.097^3= 13,635

Total PV= $50,032

5 0
3 years ago
3. What are three purchasing activities in businesses?
zheka24 [161]
Mark me brainiest


Personal Purchases.
Mercantile Purchasing.
Industrial Purchasing.
Institutionalized or government purchasing.
3 0
3 years ago
Rugen Inc., a hospitality chain, hired a large number of military veterans in the hope that it would help put the business in a
Cerrena [4.2K]

Answer:

b. It should have tried to mimic reward and recognition programs that are conducted in the military to acknowledge the employees' contributions.

Explanation:

In the case described above, Rugen Inc. could have tried to mimic reward and recognition programs that are conducted in the military to acknowledge the employees' contributions.

6 0
3 years ago
When Peter celebrated his 25th anniversary at the company, he felt that the gold watch he was given was just a meaningless trink
Marysya12 [62]

Answer:

The correct answer is: generativity vs. stagnation.

Explanation:

According to German psychoanalyst Erik Erikson (1902-1994), there are <em>eight (8) stages of Psychosocial Development</em>. Generativity vs. Stagnation is the seventh stage where individuals are between 40 to 65 years. <em>Generativity </em>aims to individuals' self-satisfaction by making an impact in their immediate surrounding environment. Failure to contribute to others' development causes <em>stagnation </em>and individuals tend to feel disconnected from their atmosphere.

7 0
3 years ago
A person puts $100.00 into a savings account with 2.4% annual interest rate (computed continuously). The value of such an invest
andre [41]

Answer:

It will take up to 3 years for the total interest to exceed $5.00

Explanation:

The future value of an investment whose interest is compounded continuously can be expressed as;

A=P e^(rt)

where;

A=future value of the investment

P=initial value of investment

r=annual interest rate

t=number of years

In our case;

A=Initial value+interest=(100+5)=$105

P=$100

r=2.4%=2.4/100=0.024

t=unknown

replacing;

105=100 e^(0.024 t)

e^(0.024 t)=105/100

e^(0.024 t)=1.05

ln {e^(0.024t)}=ln 1.05

0.024 t ln e=ln 1.05

but ln e=1

0.024 t=ln 1.05

t=ln 1.05/0.024

t=2.03 years rounded up=3 year

It will take up to 3 years for the total interest to exceed $5.00

4 0
4 years ago
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