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2 years ago

The existence of the federal income tax and the welfare system serve as the primary elements of?

Business

1 answer:

NARA [144]2 years ago

8 0

The answer is nondiscretionary fiscal policy.

Nondiscretionary fiscal policy refers to measures that are incorporated into the system to automatically provide expansionary or contractionary stimulus. Nondiscretionary fiscal policy, for example, entails government measures that stimulate the economy when it needs it and deflate it when it needs it.

Nondiscretionary fiscal policy refers to numerous continuing government spending and taxing schemes. These are largely for the purpose of sustaining revenue. They are almost never modified. They consist of social security, welfare, and unemployment benefits.

Unemployment benefits are a common example of nondiscretionary fiscal policy. Payments must rise when the number of jobless rises, which occurs during an economic slowdown. When the jobless return to work as the economy improves, the payments must fall.

Therefore, the answer is non-discretionary fiscal policy.

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When it comes to credit cards, what does prepaid mean?

stiv31 [10]

prepaid means already paid

8 0

3 years ago

Probett’s Garage uses 120 boxes of cleaning cloths a year. The boxes cost $6 each. Ordering cost is $3 and holding cost is 10 pe

faust18 [17]

Answer: $730.2

Explanation:

Let the total cost of cleaning clothes = X

Other variables include:

Total cost of boxes = $6×120

=$720

Ordering cost =$3

Holding costs = (10/100 ×6)12

=$7.2

Total costs of cleaning clothes =

The cost of boxes+ordering cost+holding cost

=720+3+7.2 = $730.2

3 0

4 years ago

A condition in a contract for the purchase of real property which makes the purchaser's obligation dependent upon his obtaining

Bezzdna [24]

Answer:

The correct answer is: Required the purchaser to use reasonable efforts to obtain the financing.

Explanation:

The resolutory condition is a guarantee of payment when a deferred price is agreed or agreed upon in the sale and the seller intends to ensure the collection of said price.

The express or explicit resolution condition in the purchase of an agreed property implies that in case of non-payment of the price or any of its terms, the resolution of the sale takes place, with the consequent recovery by the seller of the property that has been transmitted .

3 0

3 years ago

__________ is a purchase of a dissident shareholder's stock by the issuer at a premium over market, often in exchange for a stan

CaHeK987 [17]

The answer is: "greenmail" .
_____________________________________________________
" Greenmail is a purchase of a dissident shareholder's stock by the issuer at a premium over market [price], often in exchange for a standstill agreement, whereby the shareholder agrees not to commence a tender offer or proxy contest or to buy additional shares of the issuer for a period of time."_____________________________________________________Source: {text within this very question being asked.}._____________________________________________________

8 0

4 years ago

Net credit sales for the month are $670000. The accounts receivable balance is $170000. The allowance is calculated as 10% of th

Dominik [7]

Answer:

$177,200

Explanation:

Net realizable value of the accounts receivable can be found by the following formula, which is:

Net Accounts receivables (Step3) = Closing Accounts receivables before adjustment (Step1) -/+ Increase or decrease in Allowance for doubtful debts (Step2)

Step 1: Closing Accounts receivables before adjustment

Closing Accounts receivables before adjustment is $170,000.

Step 2: Increase or decrease in Allowance for doubtful debts

Opening Allowance for Accounts receivables is $9800

Change in Allowance for doubtful debts is the difference of the Closing Allowance calculated and Opening Allowance Value in the account.

Which means:

Allowance for the Year = Closing Allowance calculated - Opening Allowance Value

Allowance for the Year = 10% of $170,000 - $9,800

Allowance for the Year = $17,000 - $9,800 = $7,200

Step 3: Net Accounts receivables

By putting the values we have:

Net Accounts Receivables = $170,000 + $7,200 = $177,200

5 0

3 years ago