1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Sophie [7]
2 years ago
14

Suppose Congress enacts a new Medicare benefit and finances it by raising payroll taxes such that each year's additional outlay

is matched by additional revenue. Would this be considered fiscally sustainable
Business
1 answer:
Amanda [17]2 years ago
7 0

If year's additional outlay is matched by additional revenue. No, it will not be considered fiscally sustainable.

<h3>What is Medicare?</h3>

Medicare can be defined as a medical coverage that help to cover medical expenses of those under the plan.

Based on the details given, it will not be considered fiscally sustainable because it is still a pay as you go plan, which  tend to shifts the burden to future generations.

Therefore it will not be considered fiscally sustainable.

Learn more about medicare here:brainly.com/question/1960701

#SPJ1

You might be interested in
after the federal reserve buys bonds, the interest rate changes and aggregate expenditures change, the following will most likel
PIT_PIT [208]

The next thing to occur would be B. the price level in the economy will rise and the money demand will decrease

<h3>What is Interest Rate? </h3>

This refers to the amount of money that is added to be paid back on the settlement of a loan.

Hence, we can see that after the federal reserve buys bonds, the interest rate changes and aggregate expenditures change, thus will cause the price level in the economy will rise and the money demand will decrease

Read more about bonds here:

brainly.com/question/25965295

#SPJ11

6 0
2 years ago
question 5 you're anticipating audience questions, especially one asking how you were able to connect the campaign with the resu
notka56 [123]

The detail you need to add to your next slide should address the issue of questions from the audience.

<h3>What is a Presentation?</h3>

This refers to the use of diagrams, charts, and tables to present an idea to an audience.

Hence, we can see that The detail you need to add to your next slide should address the issue of questions from the audience.

This is because you are being proactive by adding a slide of potential questions from the audience.

Read more about presentations here:

brainly.com/question/24653274

#SPJ1

4 0
2 years ago
The petty cash fund of $200 for Tomkins Company appeared as follows on December 31, 2014
Ilya [14]

Answer:

Explanation:

1.

Petty Cash (200-50.6)  Dr.$149.4

Cash            Cr.$149.4

Freight In   Dr. $58.4

Postage      Dr.$40

Balloons Expense      Dr.$20

Meals Expense        Dr.$25

Cash                         Cr.$143.4  

2. Petty Cash  Dr.$50

   Bank/Cash   Cr.$50

8 0
3 years ago
For the current year temporary differences existed between the financial statement carrying amounts and the tax basis of the fol
Veseljchak [2.6K]

Answer:

Income Tax Expense (Dr.) $49,080,000

Deferred Tax Liability (Cr.) $49,080,000

Explanation:

Income tax expense = ( Taxable Income for the year + building and equipment taxable amount + Prepaid Insurance - Liability or contingency Loss ) * Tax rate

Income Tax expense = ( $117,000,000 + $14,700,000 + $2,300,000 - $11,300,000) * 40%

Income Tax expense = $49,080,000

8 0
3 years ago
A _____ is applied to reduce estate tax when a large amount of real estate is for sale in one area.
adelina 88 [10]

A <u>marketability discount</u> is applied to reduce estate tax when a large amount of real estate is for sale in one area.

When evaluating private enterprises, the discount for lack of marketability (DLOM) is used. It has to do with the business not having a publicly listed stock on a stock market.

Since shares of publicly listed corporations may be purchased or sold in a controlled marketplace, these companies are seen to have a "market." Private businesses lack a centralised market and are thought to have smaller markets. In order to represent the lack of a market, private firms should, in principle, be valued lower than public companies, all else being equal.

To know more about estate tax refer here:

brainly.com/question/6362495

#SPJ4

8 0
2 years ago
Other questions:
  • Businesses using the allowance method for the recognition of uncollectible accounts expense commonly experience four accounting
    11·1 answer
  • What is one advantage of starting to invest as early as possible?
    5·1 answer
  • The significance of the bill of lading in overseas shipments is to provide which of the following?
    10·1 answer
  • What agency provides over 25,000 government publications?
    13·1 answer
  • You want to have $82,000 in your savings account 13 years from now, and youâre prepared to make equal annual deposits into the a
    12·1 answer
  • Suppose a commercial banking system has $240,000 of outstanding checkable deposits and actual reserves of $85,000. If the reserv
    7·1 answer
  • An investor enters into a short oil futures contract when the futures price is $15.5 per barrel. The contract size of 100 barrel
    6·1 answer
  • Multiple choice.
    8·1 answer
  • Question 9 of 15
    7·1 answer
  • This year, Jennifer company paid 4000 hundred thousand in wages and 850,000 for overhead expenses and 75,000 for advertising it
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!