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2 years ago

Was the economic growth and tax relief reconciliation act of 2001 expansionary or contractionary

1 answer:

6 0

The economic growth and tax alleviation reconciliation act of 2001 expansionary or contractionary: sweeping U.S. tax.

Economic growth can be described as the increase or development inside the inflation-adjusted market price of the products and services produced by an economic system over a certain period of time. Statisticians conventionally measure such growth because the percent charge of growth is inside the real gross domestic product or actual GDP.

Economic growth method a boom in actual GDP – a boom inside the fee of countrywide output, income, and expenditure. essentially the benefit of financial increase is better residing requirements – higher actual incomes and the capacity to dedicate greater resources to areas like health care and schooling. extensively talking, there are fundamental assets of economic growth: growth in the size of the body of workers and growth inside the productivity (output in step with hour worked) of that team of workers. either can increase the overall size of the economy however best sturdy productivity growth can grow according to capita GDP and earnings.

Learn more about economic growth here: brainly.com/question/1690575

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Which of the following is a benefit of outsourcing? a. It makes employees self-reliant. b. It helps a firm meet its expansion ne

Fofino [41]

Answer:

C. It eliminates jobs that tend to be repetitious.

Explanation:

Outsourcing is usually engaged in business to beat down the cost of production, it is the act in which a particular company invite another company from outside to carry out some service for them on agreement however, this service is been carried out at home.

It should be noted that one of the benefit of outsourcing is that It eliminates jobs that tend to be repetitious.

4 0

3 years ago

Type the correct answer in the box. Spell all words correctly.

Cerrena [4.2K]

Explanation:

Donna is going to engage in

buying <u>raw materials</u>?

3 0

2 years ago

A corporation issued $580000, 10%, 5-year bonds on January 1, 2020 for $626400, which reflects an effective-interest rate of 7%.

ioda

Answer:

The correct answer is option (B).

Explanation:

According to the scenario, the given data are as follows:

For Jan.1,2020 value = $626,400

Interest rate = 7%

So, we can calculate the amount of bond interest expense by using following formula:

Interest Expense = Carrying Value × Market Interest Rate

By putting the value of following

Interest expense = $626,400 × 7%

= $626,400 × 0.07

= $43,838

Hence, the amount of bond interest expense to be recognized on December 31, 2020, is $43,838.

7 0

3 years ago

The gross increases in retained earnings attributable to business activities are called

insens350 [35]

They are called revenues.

3 0

3 years ago

Net sales$688,500 $450,000 Cost of goods sold 337,364 133,200 Determine the 2016 and 2017 trend percents for net sales using 201

alisha [4.7K]

Answer:

Trend- % change in sales = 34.64%

Explanation:

<em>Trend analysis entails determining the performance of a business over time by comparing its performance data from one period to another. The aim of trend analysis is to identify the behavior of a set of ratios over a period of time by comparing them across different years.</em>

To determine the trend for a particular data, we use the formula below

% Change in variable =

(Current year figure - Previous year figure)/Previous year figure × 100

DATA

Current year figure for sales (2017) - 450,000

Previous year figure for sale (2016) - 688,500

% change in sales = (450,000 -688,500)/688,500 × 100 = 34.64%

% change in sales = 34.64%

This implies that the company made sales in 2017 which is 34.64% less than that made in 2016

5 0

3 years ago