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dalvyx [7]
2 years ago
7

What would most likely happen if the federal government decreased taxes for its citizens?

Business
1 answer:
olga_2 [115]2 years ago
7 0

Answer:

A) Aggregate demand will increase, especially for wealthy individuals.

Explanation:

Aggregate demand would increase, especially for wealthy individuals because disposable income would increase as a result of lower tax payable.

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midshipmen Company borrows $17,500 from Falcon Company on July 1, 2021. Midshipmen repays the amount borrowed and pays interest
irina [24]

Answer:

                                        Debit                            Credit

July 2021

Cash                                 17,500

Loan payable                                                        17,500

June 30, 2022

Loan Payable                   17,500

Interest payable                 2,100

Cash                                                                     19,600

Adjusting Entry's

                                         Debit                                Credit

Interest expense               1050

Interest Payable                                                            1050

Explanation:

Interest for the year = 0.12*17500=2100

Interest expense 2021= 6/12*2100= 1050

6 0
2 years ago
Read 2 more answers
What qualifications are the officials of lilliput expected to have in order to hold high office?
kifflom [539]
<span>The officials are expected to have a very good sense of balance. To achieve the office in the first place, the officials are required to cross a tightrope suspended above the ground, reach the middle, and jump as high as they can without falling or otherwise injuring themselves.</span>
6 0
2 years ago
Nstead of polling all faculty members in the business​ department, Michael wants to simply use a list of testing methodologies u
Svetllana [295]

Answer:

satisficing

Explanation:

Satisficing is a combination of "satisfy" and "suffice" (or enough). It refers to a situation where instead of trying to reach a completely satisfying solution, you just settle for a relatively good or a so-so solution.

Personally I believe it is something that borders mediocrity, since you should either do something right or do not do it at all. It is like doing something that might work, but not completely.

3 0
3 years ago
Read 2 more answers
Suppose the Fed decides to buy bonds and the New Hampshire Colonial Bank
Korolek [52]

Answer:

B) Make new loan totaling about $10 million.

Explanation:

5 0
3 years ago
Current Attempt in Progress
Kamila [148]

Answer:

units

Explanation:

                                                            Units   Unit Cost      Total Cost

April 1 inventory                                    250  $28      $ 7,000  

April 15 purchase                                  350  34       11,900  

April 23 purchase                                  400        36       14,400

                                                          1,000                          $33,300

4 0
3 years ago
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