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1 year ago

According to keynesian views, what is government's role when it comes to the u. s. economy?

1 answer:

6 0

Keynes proposed that the government spend extra cash and reduce taxes to turn a budget deficit, which could growth consumer demand inside the economic system.

Keynesians trust that, because charges are quite rigid, fluctuations in any element of spendin intake, funding, or authorities fees—cause output to alternate. If authorities spending increases, for instance, and all other spending components continue to be steady, then output will increase.

Keynes supported authorities intervention at some stage in instances of economic turmoil. a few of the theories he supplied in “fashionable concept” changed into that economies are chronically volatile and that complete employment is handiest viable with a lift from government coverage and public funding.

In line with Samuelson and other current economists, governments have four principal capabilities in a market financial system to boom efficiency, to provide infrastructure, to promote fairness, and to foster macroeconomic stability and growth.

Learn more about keynesian here:- brainly.com/question/23950967

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Select the correct answer.

Helga [31]

Answer:D

Explanation: :) trust me look at meh face

6 0

3 years ago

22. Preferred stockholders hold a claim on assets that has priority over the claims of A) both common stockholders and bondholde

DedPeter [7]

Answer:

C) common stockholders, but after that of bondholders.

Explanation:

Preferred stockholders hold a claim on assets that has priority over the claims of common stockholders but after that of bondholders.

The preferred shareholder is given preference for the distribution of dividends, which is higher than the common stock. It is paid as per the discretion of the company´s directors. Instead, they have limited right and they do not vote for corporate governance like a common stockholder. In the case of the dissolution of the company, the preferred shareholders will still receive payment due to them in terms of dividends. They have a feature of both bonds and equity stockholders.

6 0

3 years ago

Suppose your friend earned wages of $93,260, received $1340 in interest from a savings account, and contributed $6300 to a tax-

Kruka [31]

Answer:

Gross Income:

= Earned wages + Interest from savings + Interest on home mortgage

= 93,260 + 1,340 + 4,500

= $99,100

Adjusted gross income:

= Gross income - Tax deferred plan - State taxes

= 99,100 - 6,300 - 1,359

= $91,441

Taxable income

= Adjusted gross income - Personal exemption - Standard deduction - Charity contribution

= 91,441 - 3,500 - 7,800 - 2,500

= $77,641

5 0

3 years ago

A woman is shopping with her three children. She is carrying several items and does not have a shopping basket. She is still bro

dlinn [17]

Answer: The women customer either complain to the supervisors to address her issue immediately nor the employee should apologize to the woman and provides a shopping basket to her.

Explanation:

In every supermarket, All employees of the shop have the duties and responsibilities to serve the customers' needs without any delay in time. Consumer rights should be always ensured to protected in all the shops irrespective of the size of the business as well the employees count. The consumer has all rights to raise the complaint to the direct supervisors in the market.

In this case, Woman's customer has experienced the pain as she cannot able to get a basket to hold the items. As she needs to take care of her children, Her request needs to fulfilled without any delay. Mutual consent with the ethics of the shop needs to tie up the bonding relationship between employees and consumers. At last, if the employee apologizes for her mistake and helps the woman by providing basket will end in the peaceful business transactions in the supermarket.

3 0

3 years ago

Use the following information to prepare a multistep income statement and a balance sheet for Sherman Equipment Co. for 2016. (H

Allisa [31]

Answer:

Sherman Equipment Co.

a) Sherman Equipment Co.

Multistep Income Statement

For the year ended December 31, 2016

Sales Revenue $320,000

Cost of Goods Sold 148,000

Gross profit $172,000

Operating expenses:

Salaries Expense $ 69,000

Operating Expenses 62,000

Uncollectible Accounts Expense 8,100

Total operating expenses $139,100

Operating income $32,900

Interest Revenue 5,400

Net income $38,300

Balance Sheet

As of December 31, 2016

Assets

Current Assets:

Cash $48,100

Interest Receivable (short term) 1,500

Accounts Receivable 56,000

Allowance for Doubtful Accounts (7,800) 48,200

Notes Receivable (short term) 24,000

Supplies 1,200

Inventory 98,300

Prepaid Rent 12,500

Total current assets $233,800

Long-term assets:

Land 40,000

Total assets $273,800

Liabilities and Equity:

Current liabilities:

Accounts Payable $46,000

Salaries Payable 12,000

Total current liabilities $58,000

Equity:

Common Stock $100,000

Ending Retained Earnings 115,800

Total equity $215,800

Total liabilities and equity $273,800

Explanation:

a) Data and Calculations:

Cash 48,100

Interest Receivable (short term) 1,500

Accounts Receivable 56,000

Notes Receivable (short term) 24,000

Supplies 1,200

Inventory 98,300

Prepaid Rent 12,500

Land 40,000

Allowance for Doubtful Accounts 7,800

Accounts Payable 46,000

Salaries Payable 12,000

Common Stock 100,000

Beginning Retained Earnings 81,000

Dividends 3,500

Interest Revenue 5,400

Sales Revenue 320,000

Cost of Goods Sold 148,000

Salaries Expense $ 69,000

Operating Expenses $ 62,000

Uncollectible Accounts Expense 8,100

Cash Flow from Investing Activities 78,400

Beginning Retained Earnings 81,000

Net income 38,300

Dividends (3,500)

Ending Retained Earnings 115,800

7 0

3 years ago