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1 year ago

Question #10

1 answer:

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When there is an increase in taxes and the decreasing government spending during an economic expansion the purpose is to to slow down aggregate demand and reduce inflation

<h3>What is meant by contractionary government policy?</h3>

This is the tool that the government may use when they want to stimulate the economy. The government may decide to raise taxes, this would have an adverse effect on consumption in a given economy.

Another way they may do this would be through the decrease in the way that the government spends money in the economy.

Read more on contractionary policies here:

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Sunlight Design Corporation sells glass vases at a wholesale price of $4.50 per unit. The variable cost to manufacture is $1.75

guapka [62]

Answer:

D) 5182 glass vases

Explanation:

<em>Contribution per glass vases:</em>

$4.5 selling price - $ 1.75 variable cost= 2.75

<em>Operating income:</em>

29,000 units x $ 2.75 - $ 8,500 = $71,250 operating income

<em>Target income is to obtain a 20% increase:</em>

71,250 x (1 + 20%) = 85,500 target income:

<em>units needed for target income:</em>

(85,500 target income + 8,500 fixed cost) / 2.75 contribution per unit= 34.181,81

aditional glass vases needed for target income:

34,182 - 29,000 = 5,182

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2 years ago

What are five foundations of economics?

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Answer:

incentives, trade-offs, opportunity cost, marginal thinking, and the principle that trade creates value.

Explanation:

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3 years ago

greene co. has pretax book income for the year ended december 31, 2019 in the amount of 265000 and has a tax rate of 30%. Deprec

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Answer:

Pre-tax book income $265,000

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3 years ago

Becton Labs, Inc., produces various chemical compounds for industrial use. One compound, called Fludex, is prepared using an ela

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Answer:

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direct materials usage variance = $15 x (7,820 - 9,660) = -$27,600 favorable

direct labor price variance = actual hours x (actual rate - standard rate)

direct labor price variance = 2,460 x ($12.30 - $15) = 2,460 x (-$2.70) = -$6,642 favorable

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direct labor usage (efficiency) variance = $15 x (2,460 - 3,680) = $15 x (-1,220) = -$18,300 favorable

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2 years ago

Unfortunately, Angie doesn't have enough money in her account right now. She needs to make additional contributions at the end o

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Answer: $770.22

Explanation:

If she makes equal contributions then those would be annuities. The $9,000 she wants to have will be the future value of the amount currently in her account and the annuity.

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9,000 = 5,000 ( 1 + 9%) ^ 3 + ( Annuity * 3.2781)

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