1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Rasek [7]
3 years ago
14

An economic expansion leads to​ ________ needsminustested spending and​ ________ induced taxes.

Business
1 answer:
Fantom [35]3 years ago
8 0

<span>An economic expansion leads to lower needs-tested spending and higher induced taxes. The spending on programs that returns advantage or benefits to people and business that are qualified is known as needs-tested spending. When the economy expanded the unemployment rate decreases so as the need-tested spending.</span>

You might be interested in
In the text box below, enter one of your purchase goals.
Kisachek [45]

Answer:

A. Enter one of your purchase goals.

Goal: I will buy a laptop after I graduate high school to start writing books.

B. How much does this cost?

Cost: $999.00

C. How much money do you currently have saved?

Money currently saved: $270.00

D. How much more do you need to reach you goal?

Money needed to reach goal: $730.00

E. List some steps you can take this year to help you save toward this goal.

After I graduate from high school I would get a job to start saving money.

F. List some steps you can take next year to save toward this goal.

Next year I will deposit $50 per month into my savings account to reach my goal.

Explanation:

7 0
2 years ago
Assume the MPC is 0.6. If government were to impose $10 billion of new taxes on household income, consumption spending would ini
mihalych1998 [28]

Answer:

$6 billion

Explanation:

Calculation to determine what consumption spending would initially decrease by

Using this formula

Decrease in Consumption spending=MPC * New taxes on household income

Let plug in the formula

Decrease in Consumption spending=0.6*$10 billion

Decrease in Consumption spending=$6 billion

Therefore consumption spending would initially decrease by $6 billion

4 0
3 years ago
Which of the following can be classified as data flow for a book store?
marishachu [46]
<span>C.) The amount of money earned in a week being invested in new book purchase

Hope this helps!</span>
5 0
3 years ago
If accrued salaries were recorded on December 31 with a credit to Salaries Payable, the entry to record payment of these wages o
nikdorinn [45]

Answer:

c. A debit to Salaries Payable and a credit to Cash.

Explanation:

As on December 31, entry to record the expense of Salaries which is accrued and not paid is

Salary A/c Dr.                

  To Salaries Payable

Now on the closing date, of previous year there is a liability outstanding of Salary Payable.

In the next year on 5th January the salary outstanding in opening balance sheet is paid.

For this, the payment will be made and accordingly, cash will be reduced.

Accordingly liability will be reduced for this, liability will be debited.

Therefore, correct option is

c. A debit to Salaries Payable and a credit to Cash.

6 0
3 years ago
__________This import tax was meant to replace the earlier "Tariff of Abominations", but it was widely disliked by southern merc
mrs_skeptik [129]

Answer:

Tariff of 1832

Explanation:

The Tariff of 1832 was enacted to replace the 1828 import tariffs commonly known as Tariffs of Abomination. Most southern states did not like it, but its greatest opposition came from South Carolina since its economy depended greatly in foreign trade. Back then America's largest export was cotton produced by southern states.

Due to South Carolina's extreme opposition, it was replaced by the Compromise Tariff of 1833. This last tariff would gradually decrease the tax rates until they fell back to 1816 levels, which was approximately 20%.

The Nullification Crisis refers to a legal process carried out in South Carolina that determined that federal taxes, specifically import tariffs were unconstitutional and shouldn't apply to them. The problem is that the Supreme Court decides what is unconstitutional or not, not a state court.

7 0
3 years ago
Other questions:
  • Colsen Communications is trying to estimate the first-year cash flow (at Year 1) for a proposed project. The financial staff has
    5·1 answer
  • Prestige Pegasus is a multinational firm that specializes in the manufacturing of hardware for high-end technical products and s
    7·1 answer
  • We know that the market should respond positively to good news and that good-news events such as the coming end of a recession c
    8·1 answer
  • I am buying a firm with an expected perpetual cash flow of $1,000 but am unsure of its risk. If I think the beta of the firm is
    10·1 answer
  • The Administrator of the state of Wisconsin has designated the Investment Adviser Registration Depository (IARD) as the approved
    9·1 answer
  • Last year Almazan Software reported $10.500 million of sales, $6.250 million of operating costs other than depreciation, and $1.
    6·1 answer
  • A useful approach for understanding a client's business environment and associated business risks is to perform a PESTLE analysi
    5·1 answer
  • Mountain Springs Water Company has two departments, Purifying and Bottling. The Bottling Department had 2,900 liters in beginnin
    11·1 answer
  • My name marsh, ninja
    15·1 answer
  • The journal entry used to record the payment of a discounted note is
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!