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Free_Kalibri [48]
2 years ago
3

Based on what Davidson says, how would you describe the term ’fiscal cliff’?

Business
1 answer:
myrzilka [38]2 years ago
6 0

If certain laws are permitted to automatically expire or take effect at the start of 2013, the fiscal cliff refers to a significant projected reduction in the budget deficit and a corresponding projected slowdown of the economy.

<h3><u>A Fiscal Cliff: What Is It?</u></h3>

The term "fiscal cliff" refers to a combination of tax cuts that are about to expire and general government spending cuts that must be reversed to prevent a crisis.

The fiscal cliff was designed to prevent these two events from happening as planned because doing so would harm an already fragile economy, possibly sending it back into an official recession as a result of decreased household incomes, higher unemployment rates, and weakened consumer and investor confidence.

The federal budget deficit was expected to decline significantly if the fiscal cliff was crossed at the same time, according to predictions.

Learn more about the fiscal cliff with the help of the given link:

brainly.com/question/28776954

#SPJ9

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Critical Chain Project Management (CCPM) attempts to keep the most highly demanded resource busy on critical chain activities, b
Inessa05 [86]

Answer:

True

Explanation:

Critical Chain Project Management (CCPM) is referred to as the approach that works for project completion and managing. it includes the effective use of resources like people, equipment, etc.

steps include in Critical Chain Project Management (CCPM) are:

1) determine critical chain

2) estimate the resource constraints

3) focus your team

4) use single-tasking  

5) estimate time for a particular task

6) check for changes, provides alternate for any change

7) present the project report

3 0
4 years ago
Which corporation has a so-called "revolving door" regarding the number of former employees working in the economic sectors of v
Soloha48 [4]

Complete Question:

Which corporation has a so-called "revolving door" regarding the number of former employees working in the economic sectors of various administrations?

A) AIG

B) Goldman Sachs

C) JP Morgan Chase

D) Citigroup

Answer:

The corporation that has the so-called "revolving door" regarding the number of former employees working in the economic sectors of various administrations is:

B) Goldman Sachs

Explanation:

"Revolving door" refers to the ease that former employees can move from the private sector to the public sector and vice-versa.  Several Goldman Sachs former employees have left the corporation to work in various government positions.  Many of these employers argue that they have taken advantage of their expertise rather than their connections to move from one sector to another.  Others argue that they bring in invaluable knowledge and skills to bear upon policy formations and other regulatory roles.

3 0
3 years ago
Capital Company issued $600,000, 10%, 20-year bonds on January 1, 2020, at 103. Interest is payable annually January 1. Capital
emmainna [20.7K]

Answer:

Explanation:

Preparation of all journal entries made in 2017 related to the bond issue.)

Jan.1

Dr Cash $618,000

Cr Bonds Payable $618,000

Cr Premium on Bonds Payable. $8,000D

c.3 Interest Expense $59,100

Dr Premium on Bonds Payable $900

($18,000 *$20)

Cr Interest Payable $60,000

($600,000 × 10% = $60,000)

6 0
3 years ago
A property title search firm is contemplating using online software to increase its search productivity. Currently an average of
Brrunno [24]

Answer:

Explanation:

Productivity per unput dollar=Fees charged from clients/total cost to firm

There are 3 options:

1. Using current software:

Av time=40 min

Researcher's cost=$2 a min

Total cost=40*2=80

Productivity per dollar input=Fees charged from clients/total cost to firm= 400/80=$5

2.

Using company A's software

Av time=30min

Cost of reducing av time=$3.5

Researcher's cost=$2

Total =30*2+3.5=63.50

Productivity per dollar input=400/63.5=6.3

3.

Using company B's software

Av time = 28 min

Cost of reducing av time=$3.6

Researcher's cost=$2

Total cost=28*2+3.6=59.6

Productivity per dollar input=400/59.6=$6.71

Answer - Using company B's software

3 0
3 years ago
You arrive at the restaurant &amp; are told that the food needs an extra 15 minutes to cook. What would be a good text to send t
zavuch27 [327]

Answer:

"The restuarant said the food needs 15 more minutes to cook. Sorry for the wait!"

Explaination:

maybe something along the lines of that??

7 0
3 years ago
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