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Salsk061 [2.6K]
3 years ago
13

Consider a tax cut which affects not only consumer disposable​ income, but also afterminus−tax earnings from labor supplied to l

abor markets and from financial assets acquired through saving. in the long run we would expect this tax cut to
a. increase the price level.
b. increase both the price level and the level of real gdp.
c. increase the level of real gdp.
d. decrease both the price level and increase real gdp.
Business
1 answer:
noname [10]3 years ago
3 0
<span>in the long run we would expect this tax cut to </span>C.  increase the level of real GDP.
Tax cut will give the private sectors more resources to either increase the number of employees or buy materials for production.
Either decision will lead to an increase in overall productivity which will contribute to additional Gross Domestic Products.
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Andrew and Brianna are married and live in Texas, a community-property state. For their birthdays this year Andrew gave cash gif
Vika [28.1K]

Answer: $2,600

Explanation:

Because Andrew is married, the gift tax on him is split in half between him and his wife. This means that to each of his daughters, the gift tax will be on:

= 20,900 / 2

= $10,450

This amount is less than the gift exclusion limit of $15,000 so Andrew will not be charged taxes on the gifts to his daughters.

On the gift to Brianna's niece, Andrew's gift tax will be based on:

= 35,200 / 2

= $17,600

This is above the gift exclusion limit of $15,000 by:

= 17,600 - 15,000

= $2,600

<em>The above would therefore be Andrew's taxable gift amount. </em>

5 0
3 years ago
Navajo Corporation traded a used truck (cost $25,000, accumulated depreciation $22,500) for a small computer worth $4,125. Navaj
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Answer:

Calculation of Gain or Loss:

Book Value of Truck:

= 25,000 - 22,500

= $2,500

Gain on Exchange:

= 4,125 - 2,500 - 625

= $1,000

Therefore, the journal entry is as follows:

Accumulated Depreciation A/c Dr. $22,500

computer A/c                              Dr. $3,125

                   To Truck                                            $25,000

                   To Cash                                              $625

(To record the Truck)

6 0
3 years ago
Suppose Asarta Inc. is polluting yucko and they have been tasked with cleaning up some of their waste. The company decides to cl
uranmaximum [27]

Answer: The answer is No, because the MB > MC

Explanation:

They are not cleaning up enough because the MB>MC. Therefore, all other options which cut across - Yes, because the MC > MB,

No, because the MB > MC,

Yes, because the MB > MC and

No, because the MC > MB are wrong.

5 0
3 years ago
Discuss the three "ingredients" needed for employee performance. give your own brief example of a performance scenario where all
weqwewe [10]

The three ingredients needed for employee performance are motivation, capacity and support. Motivation is really important because if employees are influenced positively they can make things better. Capacity is also key because if employees are poorly prepared the won't have a good performance. Support is crucial because if we want to enhance employees' performance we have to be ready to back them up.

5 0
3 years ago
Regarding competitive strategies, advertising is used in which strategy.
Cerrena [4.2K]

Answer:

to attract customers

Explanation:

they are put on places where people are many and they can acces the advertisement easily

4 0
3 years ago
Read 2 more answers
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