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3 years ago

The purpose of countercyclical policy is to ____________.

Business

1 answer:

stepladder [879]3 years ago

8 0

Answer:

Not to experience severe economical effects driven by boom or recession periods

Explanation:

A 'countercyclical' fiscal policy takes the opposite approach: reducing spending and raising taxes during a boom period, and increasing spending and cutting taxes during a recession.

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Blackzim Inc. entered the low-priced digital watch market several years ago. This firm's earnings have been unsteady but might b

guapka [62]

<em>Your question is incomplete. please read below to find the full content.</em>

<em />

Blackzim Inc. entered the low-priced digital watch market several years ago. This firm's earnings have been unsteady but might be growing.

<em />

The following statement should be considered a true statement regarding product categories:

The list of the product & services should be filtered.

The existed category or the new product category added should be prescribed.

The name in the product category should be added for purchase or sales transactions.

The following information related to the product is:

It is a tangible product that can be seen and touched i.e. computer, or furniture.

It can be an intangible product also that cannot be seen or touched i.e. goodwill, services, etc.

Therefore we can conclude that the above statements should be relevant.

Learn more about the product at

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3 0

2 years ago

If Annie and Andy (each a 30 percent shareholder in a calendar-year S corporation) file a revocation statement on March 20, 2019

Natalija [7]

Answer:

January 1, 2020

Explanation:

An S corporation isalso called small business corporation. It is a type of company that shields its owners in the case of liabilities. The owners are not directly liable for obligations of the corporation.

A calenders year of a company is defined as the fiscal year in which a company makes profit and declares a profit or loss within that time frame.

If shareholders file a revocation statement on March 20, 2019, to terminate their S corporation's S election, they will have to wait till the end of the fiscal year before the S corporation is terminated.

That is on January 1, 2020.

8 0

4 years ago

Bob deposits $100 in a bank account that pays an annual interest rate of 5 percent. A year later, Bob withdraws his $105. If inf

Lady_Fox [76]

Answer:

False

Explanation:

Purchasing power increases by amount of deflation (negative inflation). So, while inflation lowers purchasing power, deflation increases purchasing power by amount of deflation.

Increase in purchasing power = 7%

6 0

3 years ago

Wesley, who is single, listed his personal residence with a real estate agent on March 3 of the current year at a price of $390,

Elenna [48]

Answer:

a. Wesley's recognized gain on the sale is $0.

b. Wesley's adjusted basis for the new residence is $325,000

c. Assume instead that the selling price is $800,000.

Wesley's recognized gain is $326,520, and his adjusted basis for the new residence is $325,000.

Explanation:

Wesley's actual gain = $363,000 - $21,780 - $600 - $300 - $800 - $200,000 = $139,520, but it can all be excluded using section 121.

If the selling price is $800,000;

Wesley's actual gain = $800,000 - $21,780 - $600 - $300 - $800 - $200,000 = $576,520, but he can exclude $250,000, so his recognized gain = $326,520

7 0

3 years ago

Demand deposits are included in?

Elza [17]

Answer:

savings accounts or checking accounts

8 0

2 years ago

The purpose of countercyclical policy is to​ ____________.

The purpose of countercyclical policy is to ____________.