Automatic stabilizers stabilize the level of real gdp because

1 answer:

kramer3 years ago

8 0

<span>Automatic stabilizers stabilize the level of real GDP because federal expenditures and tax revenues change as the level of real GDP changes. GDP stands for gross domestic product and it's the value of all finished goods and services produced over a set period of time. Automatica stabilizers are economic policies and programs that are designed to help offset economic activity when it fluctuates during high and low times. This keeps the economy stable without the use of government or policy makers needing to intervene </span>regularly.

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Greger Peterson is a senior manager at a public accounting firm making a base salary of $180,000 a year ($15,000 per month). Emp

evablogger [386]

Answer: The social security tax will be withheld through September.

Explanation:

Social Security maximum base amount = $128,400

social security tax rate = 6.2% = 0.062

Medicare tax = 1.45% = 0.0145

Medicare Tax = no maximum

Base salary = $180,000

Social security tax amount = 0.062 × $128,400 = $7,960.80

Medicare Tax = 0.0145 × $180,000 = $2,610

Social security tax to be withheld = $7,960.80

Social security maximum base amount = $128,400

Monthly salary = $15,000

$128,400 ÷ $15,000 = 8.56

($15,000 × 8) + ($15000×0.56) = $120,000 + $8400

Therefore, the social security tax will be withheld through the ninth month which is between January to September

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In one to three sentences, describe reliable financial information.

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Reliability requires that the information should be accurate and true and fair, neutral and unbiased, verifiable and using the same method would come up with similar results or numbers. Reliable information includes information from experts in the field , information from recognized and reputable organizations and information that can be verified by other sources.It's important to use information that is both reliable and relevant when making financial decisions.

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Some companies positively harness the power of rumors to create buzz about a new product launch. Option C. This is further explained below.

<h3>What are rumors?</h3>

Generally, rumor is simply defined as a tale or report that is now doing the rounds but whose veracity is questionable.

In conclusion, In certain cases, corporations use the power of rumors to promote a new product introduction.