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Harlamova29_29 [7]
3 years ago
6

In an effort to balance the federal budget, an increase in social security taxes is passed. what is the most likely effect of th

is on equilibrium gdp?
Business
1 answer:
Zolol [24]3 years ago
3 0
<span>A decrease in consumption and a decrease in GDP is likely to happen. The GDP is known as the gross domestic product. This is a monetary measure of the market value of all final goods and services that are produced over a time period.</span>
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Why should administrative assistants be aware of copyright laws?
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They should be aware of copyright laws. There for no one to steal someone elses work.
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Explain the difference between a direct tax and an indirect tax.
leonid [27]

Answer:

Taxes can be either direct or indirect. A direct tax is one that the taxpayer pays directly to the government. These taxes cannot be shifted to any other person or group. An indirect tax is one that can be passed on-or shifted-to another person or group by the person or business that owes it.

Explanation:

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A sample of 40 individuals at a shopping mall found that the mean number of visits to a restaurant per week was 2.88 with a stan
Katarina [22]

Answer:

The confidence interval is between 2.23 and 3.53

Explanation:

The confidence interval (C) = 99% = 0.99

α = 1 - C = 1 - 0.99 = 0.01

α/2 = 0.01/2 = 0.005

The z score of α/2 corresponds to the z score of 0.495 (0.5 - 0.005) which is 2.576

The margin of error (E) is given as:

E=z_{\frac{\alpha}{2} }*\frac{\sigma}{\sqrt{n} }\\\\where\ n=sample\ size,\sigma=standard\ deviation\\\\Given\ that\ \sigma=1.59,n=40,z_{\frac{\alpha}{2} }=2.576\ hence: \\\\E=2.576*\frac{1.59}{\sqrt{40} } =0.65

The confidence interval = mean ± margin of error = 2.88 ± 0.65 = (2.23, 3.53)

The confidence interval is between 2.23 and 3.53

3 0
3 years ago
Hinge manufacturing's cost of goods sold is $420,000 variable and $240,000 fixed. the company's selling and administrative expen
Irina18 [472]
Hi there
contribution margin is defined as revenues minus variable expenses. In other words, the contribution margin reveals how much of a company's revenues will be contributing (after covering the variable expenses) to the company's fixed expenses and net income.
The contribution margin of a manufacturer is the amount of net sales that is in excess of the variable manufacturing costs and the variable SG&A expenses.

So contribution margin equals
Sales-variable manufacturing cost-SG&A expenses
1,480,000−420,000−300,000
=760,000....answer

Hope it helps
6 0
4 years ago
Pfister Corporation has Current Assets of $200,000, Current Liabilities of $150,000, Total Liabilities of $340,000 and Owners' E
user100 [1]
Can I get a pic So I can better help you
7 0
3 years ago
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