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Elanso [62]
1 year ago
6

Federal spending that is authorized by permanent laws and does not go through the annual appropriation process is called _____ s

pending.
Business
1 answer:
Over [174]1 year ago
8 0

Federal spending that is authorized by permanent laws and does not go through the annual appropriation process is called mandatory spending.

<h3>What does mandatory spending signify?</h3>

Government spending that is subject to eligibility standards established by Congress is known as mandatory spending. Social Security, Medicare, and unemployment insurance are a few examples. All spending that does not occur through appropriations legislation is referred to as mandatory spending. Spending that is necessary includes contributions to entitlement systems like Social Security and Medicare as well as required interest payments on the national debt. Government expenses for legally required programs are considered mandatory spending. Major fiscal trends are heavily influenced by mandatory spending. Government income decrease and spending increases during economic downturns as more people become eligible for required programs like Income Security and Unemployment Insurance. Deficits thus grow or surpluses decline as a result.

To know more about mandatory spending visit:

brainly.com/question/1559580

#SPJ1

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(A) A component lifestyle.

Explanation:

Component lifestyle:-It is choosing goods and services that fulfills one's various needs and interests rather than following a single, traditional stereotype.

So according to the question Ruth is a person having various interests and also a police officer by profession.So she has very diverse needs and interest and they affects her choice of goods and services because she wants goods and services that meet's her diverse needs.So her lifestyle is component.

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Fishing versus Boat Building. Half the members of a fishing tribe catch 2 fish per day and half catch 8 fish per day. A group of
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Explanation:

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3 years ago
Why is it important to know that it will take 4-6 business days to process your payment request?
Drupady [299]

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4 0
2 years ago
The unemployment rate in Economy X when it is growing normally is 5%. When Economy X is in a recession, the unemployment rate is
Margarita [4]

Answer:

For Economy X, the natural rate of unemployment <u>is growing normally at</u> 5%. This rate is not due to <u>recession</u> factors. It applies <u>to 10% during recession</u>.

Explanation:

Given:

The unemployment rate in Economy X when it is growing normally is 5%. When Economy X is in a recession, the unemployment rate is 10%

We need to Rearrange words and fill in the blanked spaces in order to complete the paragraph.

For Economy X, the natural rate of unemployment <u>is growing normally at</u> 5%. This rate is not due to <u>recession</u> factors. It applies <u>to 10% during recession</u>.

4 0
3 years ago
g Determine the price of the bonds issued on February 1, 2021. 2-a. Prepare amortization schedules that indicate Cromley’s effec
tangare [24]

Answer:

The question is missing the first part:

On February 1, 2021, Cromley Motor Products issued 6% bonds, dated February 1, with a face amount of $65 million. The bonds mature on January 31, 2025 (4 years). The market yield for bonds of similar risk and maturity was 8%. Interest is paid semiannually on July 31 and January 31. Barnwell Industries acquired $65,000 of the bonds as a long-term investment. The fiscal years of both firms end December 31.

1. Determine the price of the bonds issued on February 1, 2021.

the market value of each bond:

  • PV of face value = $1,000 / (1 + 4%)⁸ = $730.69
  • PV of coupon payments = $30 x 6.7327 (PV annuity factor, 4%, 8 periods) = $201.98

market price per bond = $932.67

2-a. I used an excel spreadsheet since there is not enough room here: Cromley Motors PDF

2-b. Again I used an excel spreadsheet since there is not enough room here:

3. February 1, 2021, bonds issued at a discount

Dr Cash 60,623,550

Dr Discount on bonds payable 4,376,450

   Cr Bonds payable 65,000,000

4. Cromley's records:

July 31, 2021, first coupon payment

Dr Interest expense 2,424,942

    Cr Cash 1,950,000

    Cr Discount on bonds payable 474,942

January 31, 2022, second coupon payment

Dr Interest expense 2,443,940

    Cr Cash 1,950,000

    Cr Discount on bonds payable 493,940

July 31, 2022, third coupon payment

Dr Interest expense 2,463,697

    Cr Cash 1,950,000

    Cr Discount on bonds payable 513,697

January 31, 2023, fourth coupon payment

Dr Interest expense 2,484,245

    Cr Cash 1,950,000

    Cr Discount on bonds payable 534,245

Barnwell's records:

July 31, 2021, first coupon payment

Dr Cash 1,950

Dr Discount on bonds payable 2,425

    Cr Interest revenue 475

January 31, 2022, second coupon payment

Dr Cash 1,950

Dr Discount on bonds payable 494

    Cr Interest revenue 2,444

July 31, 2022, third coupon payment

Dr Cash 1,950

Dr Discount on bonds payable 514

    Cr Interest revenue 2,464

January 31, 2023, fourth coupon payment

Dr Cash 1,950

Dr Discount on bonds payable 556

    Cr Interest revenue 2,484

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<span class="sg-text sg-text--link sg-text--bold sg-text--link-disabled sg-text--blue-dark"> pdf </span>
<span class="sg-text sg-text--link sg-text--bold sg-text--link-disabled sg-text--blue-dark"> pdf </span>
4 0
3 years ago
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