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1 year ago

if there is a budget deficit during the biennium, money can be used from the economic stabilization fund

1 answer:

5 0

If there is a budget deficit during the biennium, money can be used from the economic stabilization fund with approval of 3/5th of the members of both the Texas house and the Texas Sentae.

<h3>What is the meaning of the Senate?</h3>

The House of Representatives is the lower chamber of the United States Congress, and the United States Senate is its upper chamber. They are all members of the nationwide bicameral legislatures of both the United States.

A deliberative assembly known as a senate is frequently the upper house or chamber of such a bicameral legislature.

The majority leader is thought to be the party's most powerful senator since he or she represents the party's interests in the Senate as its top representative.

This Is one of The United States Constitution specifies the makeup and authority of the Senate. Each senator in the Senate is an official representative of a single state.

Learn more about The Senate here:

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Jackie has determined some possible careers that would suit her include being a photographer, a graphic artist, a web designer,

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The answer is D. Gather information. Took the test and it was correct.

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3 years ago

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If soybean farmers know that the demand for soybeans is inelastic, in order to increase their total revenues they should a. use

charle [14.2K]

Answer: Option C

Explanation: In simple words, inelastic demand refers to a situation when the demand of the buyer does not change as per the price of the commodity. Thus, the price does not increase or decrease with decrease or increase in demand.

Hence the farmers should decrease the supply as there would be no profit for them to supply a product that has an inelastic demand.

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2 years ago

Your friend Jenny says a Roth IRA has the best tax advantages, because you pay taxes now and won't have to pay them when you tak

Tom [10]

Answer:

Right

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Right if you expect tax rates to go up or because right now you are starting your career and your tax bracket would be lower now than what it will be later on. When you are older and in retirement, you would want to save your money and not have to worry about any taxes.

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2 years ago

Patterson Corporation began the year with retained earnings of $325,000. During the year, the company issued $500,000 of common

Vanyuwa [196]

Answer:

The company's revenue for the year is <u>$1,615,000</u>.

The correct option is <u>A. $1,615,000</u>.

Explanation:

Given:

Patterson Corporation began the year with retained earnings of $325,000. During the year, the company issued $500,000 of common stock, recorded expenses of $1,500,000, and paid dividends of $90,000.

If Patterson’s ending retained earnings was $350,000.

Now, to find the company's revenue for the year.

Opening Retained earnings = $325,000.

Common stock = $500,000.

Recorded expenses = $1,500,000.

Paid dividends = $90,000.

Closing Retained earnings = $350,000.

Now, to get the revenue of the company we put formula:

<u><em>Revenue = (Recorded expenses + paid dividends + closing Retained earnings) - opening Retained earnings</em></u>

$Revenue=(1500,000+90,000+350,000)-325,000$

$Revenue=1940000-325000$

$Revenue=1615,000.$

Therefore, the company's revenue for the year is $1,615,000.

The correct option is A. $1,615,000.

4 0

3 years ago

During a period of severe inflation, a bond offered a nominal HPR of 83% per year. The inflation rate was 74% per year. a. What

Ierofanga [76]

Answer:

real HPR is 5.17 %

Explanation:

given data

nominal HPR = 83%

inflation rate = 74%

to find out

What was the real HPR on the bond over the year

solution

we find real interest rate r that is express as

r = $\frac{R-i}{1+i}$ .........................1

here R is nominal rate and i is inflation rate

so put here value

r = $\frac{0.83-0.74}{1+0.74}$

r = $\frac{0.09}{1.74}$

r = 0.05172

so real HPR is 5.17 %

3 0

3 years ago