The correct option is<em> </em><em>"B," In this case, Congress and the president should enact policies that increase government spending and decrease taxes.</em><em> </em>
Explanation:
If Congress and the president decide an expansionary fiscal policy, it is
necessary to inject more money into the economy by increasing government
spending through subsidies to production, aids and grants to businesses/institutions, scholarships and Professorial Chairs in the citadels of learning, embarking on capital and recurrent projects, financing of policies, and programmes of the government, interest-free loans/advances...
On the other hand, the decrease in every form of taxes in an economy is geared towards generating lesser revenues for the government to finance the aforementioned policies, projects & programmes. In turn, the households and firms will have more money in their hands to spend since the taxes have been reduced. It will make the government raise funds from other sources than from taxes to finance their policies, projects & programmes. Reduced taxes will make the household and the firms to maintain relative liquidity to enable them to carry out and/or expand their new/existing investments. For instance, in Nigeria, the government of President Mohammadu Buhari, has in the current fiscal year decided on expansionary fiscal policy by embarking on<em> Single- Treasury Account</em> to have a pull of all the revenues accruable to the government. It has <em>increased the VAT from 5% to 7.5%</em> to raise more revenues to embark on its various recurrent and capital projects.
Answer:
Explanation:
We multiply the variable component for each relevant range.
Then for the fixed cost, we post the total.
Notice it is given for 1,200,000 units
so total depreciation 1,200,000 x 2 = 2,400,000 = 200,000 per month
Supervisor 1,200,000 x 1 = 1,200,000 = 100,000 per month
Answer:
The correct answer is B that is electronic bill presentment and payment.
Explanation:
A company Comcast who is advertising a program where the work is paperless. Everything is done with a few clicks of the mouse which in the mode of electronic and the person or an individual get the statements, get a receipt or pay it.
This is an example of the retailers which are offering the electronic bill presentment and payment.
Answer:
The Purpose of Government Regulation of Business
The U.S. government has set many business regulations in place to protect employees' rights, protect the environment and hold corporations accountable for the amount of power they have in a very business-driven society.
Explanation:
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The government has various reasons for this. first of all, when the living standards are raised, the people will have more disposable income. this allows the people to start buying goods hence the demand will increase. when the demand increases, more tax may also be collected and more supply may be created...this creates jobs as well.
also, an increase in living standards will mean more happy people. this will increase their productivity hence production is increased which can increase amount of tax collected or even increase supply hence make goods cheaper overally.
last but not least, this will help in improving the health and nutrition of the people as less people will be sleeping hungry and less people will be falling sick. this will allow the government to reduce its spending on the health amenities so that money could be used somewhere else.