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Mekhanik [1.2K]
3 years ago
9

A fall in real GDP that results in a decrease in personal income tax receipts is an example of​ ______.

Business
1 answer:
lyudmila [28]3 years ago
5 0

Answer:

c. automatic fiscal policy 

Explanation:

Automatic fiscal policy are policies triggered automatically due to the state of the economy which causes either government spending or taxes to increase or decrease.

For example, if the economy is undergoing a downturn and real GDP falls, the amount paid as taxes would fall.

If the economy is booming and the real GDP rises, the amount paid as taxes would rise.

These are examples of automatic fiscal policies.

Discretionary fiscal policy is when the government purposely increases or reduces either its spending or taxes in response to the economic conditions.

I hope my answer helps you.

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Why is it important for the balance of payments to balance?
Rudiy27

Answer:

A country's balance of payments tells you whether it saves enough to pay for its imports. ... A balance of payments deficit means the country imports more goods, services and capital than it exports. It must borrow from other countries to pay for its imports. In the short-term, that fuels the country's economic growth.

5 0
2 years ago
Kent and julie are recruiters for sunspree inc. when both of them interview the same applicant, they often find that they have d
BabaBlast [244]

It can be said that kent and julie have Low Inter-rater Reliability.

<h3>What is Inter-rater Reliability?</h3>
  • Inter-rater reliability is a statistical metric used to assess the degree of consensus among various judges or raters.
  • It is employed as a method of evaluating the accuracy of the responses generated by various test items.
  • A test's lower inter-rater reliability may be a sign that its questions are obscure, difficult to understand, or even superfluous.
  • The percentage of items that the judges agree on can be calculated as a straightforward technique to assess inter-rater reliability.
  • This is referred to as percent agreement, and it always falls between 0 and 1, with 0 denoting complete disagreement among raters and 1 denoting perfect agreement.

To know more about Inter-rater Reliability with the given link

brainly.com/question/14316125

#SPJ4

5 0
1 year ago
Weiss Lenscorp, a maker of camera lenses, provides a 3-year warranty against defects on all of its products. In fulfilling its w
GuDViN [60]

Answer:

warranty liablity account ending balance:  3,510,000

Explanation:

In total, we expect a warranty expense for 6% for each sale distributed among three years.

For the 32,000,000 million sales for 2019 we expect:

32,000,000 x 6% = 1,920,000 warranty expense.

                                   warranty liaiblity

                                   debit       credit

beginning                                3,370,000

expenditures          1,780,000

warranty expense  <u>                 1,920,000</u>

balance                                    3,510,000

6 0
3 years ago
The following budgeted information is provided: Month 1 2 3 Sales in units 15,000 20,000 18,000 Production in units 16,000 22,00
nekit [7.7K]

Answer:

Purchases= 17,200 pounds

Explanation:

Giving the following information:

Production in units:

Month 1= 16,000 units

Month 2= 22,000 units

One pound of materials is required for each finished unit.

The inventory of materials at the end of each month should equal 20% of the following month's production needs.

Beginning inventory= 3,200 lbs.

To calculate the direct material required, we need to use the following formula:

Purchases= production + desired ending inventory - beginning inventory

Purchases= 16,000 + 22,000*0.2 - 3,200

Purchases= 17,200 pounds

8 0
3 years ago
Why is ADS low this week
Mumz [18]
Because it misses the I is AiDS
I'm sorry I hope that gave u a chuckle. 

But I do not understand the question. Are there answer choices or?
7 0
3 years ago
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