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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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A company purchases a remote building site for computer operations. The building will be suitable for operations after some expe
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Answer:

True Statements are:

B, C, D

Explanation:

All the capital cost incurred for an asset acquisition is added to the cost of capital asset.

The cost of capital asset here will include the following,

Replacement of wiring will not form part of cost of building, as is associated with fittings and computers, so either it will be clubbed in furniture and fittings or computers,

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Thus with the above clarification of nature of expense, Statement B, C, and D are true.

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3 years ago
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A company purchases a remote site building for computer operations. The building will be suitable for operations after some expe
KIM [24]

Answer:

b) The cost of the building will include the cost of replacing the roof.

Explanation:

As for the information provided,

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The entire replacement of roof will be a huge part of consideration of building, and is capital in nature. Thus, it shall be part of cost of building.

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its someone who is really smart or very intelligent

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