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spin [16.1K]
3 years ago
7

Reductions in private spending as a result of increased government spending and borrowing is called

Business
1 answer:
wolverine [178]3 years ago
7 0

The answer is crowding out. Crowding out refers to the reducing in private spending as the end result of the increasing government acquisitions or borrowing. It is a situation wherein the personal consumption of merchandises and amenities, as well as savings by business are reduced because of the government’s spending and lack of resources, which results to the hoarding or sucking up of offered commercial properties and the rise of interest rates. 

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Identify and describe the three steps that the team should follow in order to define project scope and create a project scope st
kirill115 [55]

Answer:  Define Project Needs, Understand the Project Objectives, Define the Project Scope

Explanation: Project Scope is defined as the work that needs to be accomplished to deliver a product, service, or result with the specified features and functions.

The scope of the project should have a tangible objective for the organization that is undertaking the project

There are 3 main steps of project scope and they are:

1. Define Project Needs

2. Understand the Project Objectives

3. Define the Project Scope

Scope statement are the documentation of the scope of the project will explain the boundaries of the project, establish the responsibilities of each member of the team and set up procedures for how the work that is completed will be verified and approved.

6 0
2 years ago
The following are several of the accounts from a recent balance sheet.
Burka [1]

Answer:

<u>Account Name</u>      <u>Balance Sheet Classification</u>    <u>DR or CR Balance </u>

1. Accounts Receivable                    CA                       Debit

2. Prepaid Expense                    CA                        Debit

3. Inventories                                    CA                       Debit

4. Long-Term Debt                   NCL                 Credit

5. Cash and Cash Equivalent    CA                 Debit

6. Accounts Payable                    CL                 Credit

7. Income Tax Payable                    CL                 Credit

8. Contributed Capital                    SE                         Credit

9. Property Plant and Equipment    NCA                 Debit

10. Retained Earning                    SE                  Credit

11. Short-Term Borrowing            CL                 Credit

12. Accrued Liabilities                    CL                 Credit

13. Goodwill (an Intangible Asset)  NCA                 Debit

 

Explanation:

6 0
3 years ago
You just took out a​ $12,000 loan for your small business. the loan has a four year term and repayment is in the form of four eq
umka2103 [35]
Answer:  $403.20

Explanation:


We use a mortgage calculator to calculate the interest paid in the final payment. Since each repayment is made at the end of year, the repayments are annual payments. So, the calculator should have an annual amortization schedule to solve the problem.

I used http://www.calculator.net/loan-calculator for the calculation because it has an annual payment schedule. Then, I went under the subtitle Paying Back a Fixed Amount Periodically because the payments are equal. In that online calculator, I just input these data:

- Loan Amount: $12,000
- Loan Term: 4 (Loan term is number of years to pay the loan)
- Interest Rate: 11.5%
- Compound: Annually (APY) 
- Pay Back: Every year

Then, I clicked the calculate button and view amortization table. The annual amortization schedule is attached in this answer. 

To determine the interest paid at the final payment, I looked at payment #4 because the final payment is at the 4th year. (The loan is paid in 4 annual payments).

As seen in the attached image, the interest paid in payment #4 is $403.20. Hence, the interest paid in the final payment is $403.20.

3 0
3 years ago
At the beginning of the period, the Assembly Department budgeted direct labor of $110,000, direct materials of $170,000, and fix
Scorpion4ik [409]

Answer:

Total cost= $385,000

Explanation:

Giving the following information:

Assembly Department budgeted direct labor of $110,000, direct materials of $170,000, and fixed factory overhead of $28,000 for 8,000 hours of production.

First, we need to calculate the unitary hourly rate for the department:

Total cost= 110,000 + 170,000 + 28,000= 308,000

Hourly cost= 308,000/8,000= $38.5

Now, for 10,000 hours:

Total cost= 38.5*10,000= $385,000

6 0
3 years ago
Now consider the relationship between the price level and the quantity of money that people demand. The lower the price level, t
gayaneshka [121]

Answer: less, less

Explanation: considering the relationship that exist between the price level and the quantity of money that people demand. The lower the price level, the less money the typical transaction requires, and the less money people will wish to hold in the form of currency or demand deposits.

7 0
3 years ago
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