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statuscvo [17]
2 years ago
14

Suppose congress cuts taxes and leaves spending levels untouched. this will do what to interest rates and the dollar exchange ra

te?
Business
1 answer:
Studentka2010 [4]2 years ago
4 0

Beginning with the fact that all government spending must be paid for by someone—by previous, present, or future generations—generational accounting can begin.

In other words, over an unlimited period of time, taxes must be sufficient to cover all government transfers, debt payments, and purchases of goods and services.That is known as the "inter-temporal budget restriction" by economists.

The concept of "generational balance," or the idea that the net tax rate should be the same for present and future generations, is fundamental to generational accounting.

The advocates of generational accounting draw the conclusion that fiscal policy is out of generational balance if the net tax rate for future generations is higher than the net tax rate for newborns. However, as we will argue shortly, this criterion is absurd.

To learn more about Accounting here

brainly.com/question/14665057

#SPJ4

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Disadvantage of snob appeal​
Natasha2012 [34]

Answer:

The purpose of snob appeal is to persuade a consumer to purchase a product or service by convincing him or her that the purchase will elevate their status. By appealing to individuals' desires to be among the elite, advertisers attempt to sell their products.

For example, some different ads that illustrate snob appeal include the following:

Cigarette ads with big and tough guys smoking cigarettes makes it seem that the consumer, too, could be among the elite hearty men who smoke cigarettes.

Commercials that show men drinking a certain brand of beer attracting all of the beautiful women in a bar gives the underlying message that drinking that beer will make the consumer more attractive to women.

A food commercial that highlights parents who are "Number One" that purchase a certain food product implies that the consumer will also be a top notch parent if he or she purchases the product.

A perfume advertisement that features a woman dressed in fancy clothes and very expensive jewelry appeals to the "inner snob" by implying that a woman who wears that perfume will be equally as exquisite in appearance.

A commercial for cat food that shows a cat eating a certain brand of food in a posh house with a fancy pet dish makes the consumer feel she is treating her cat the best she possibly can by purchasing that food.

A military slogan that says, "Do you have what it takes?" is appealing to snob appeal by trying to recruit members implying that they are an elite group that has characteristics that others do not possess.

When a company is attempting to sell its services over competitors' services and states "You don't want to deal with those OTHER companies…" it is attempting to elevate its own image to be more appealing as an elite company.

A wireless phone company shows commercials of people waiting in lines to get their phones and the images of those who have the phones are of well-dressed and popular people. The phone company is making it seem extremely desirable to be a part of the group of people who are elite enough to own that phone.

A linen company features their products in an advertisement in a posh and fancy home implying that those who purchase their linens are amongst the elite.

Featuring a popular celebrity in a commercial in which she states she would never use another brand makes the product seem more appealing to the consumer.

A commercial for big screen televisions shows a large group of people watching the Superbowl and having fun, stating that "everyone will want to be at your house" implies that the purchase of the television will make the consumer popular and part of an elite group.

Explanation:

6 0
2 years ago
Classical Economics assumes there is neither __________ nor international trade involved with the economy..
wlad13 [49]

Answer: Government

Explanation:

Classical theory of economics states that the economy is self regulated and operates at full employment. It states that the economy is fully capable of achieving real GDP output when employment is full. It assumes that there is neither government nor international trade involved with the economy.

4 0
4 years ago
Amsterdam Company uses a periodic inventory system. For April, when the company sold 700 units, the following information is ava
o-na [289]

Answer: Cost per unit $15.2, cost of good sold $10,640

Explanation:

Weighted Average cost per unit = 15,200/1000

= $15.2

Ending inventory (400 × 15.2)

= 6,080

Cost of good available for sale = 15,200

Cost of good sold (700 × 15.2)

= $10,640

8 0
4 years ago
Why would a designer choose white for hotel towels?
lapo4ka [179]
The answer is To give a sense of luxury
7 0
3 years ago
Read 2 more answers
Waterway Industries started the year with total assets of $314000 and total liabilities of $254000. During the year the business
Yuri [45]

Answer:

the  net income reported by Waterway Industries for the year was $299,000

Explanation:

The computation of the net income reported is as follows:

As we know that

Net income = Revenue - expenses

= $626,000 - $327,000

= $299,000

hence, the  net income reported by Waterway Industries for the year was $299,000

The same should be considered

3 0
3 years ago
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