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Ann [662]
3 years ago
7

When the government passes a new law that explicitly changes overall tax or spending levels, it is enacting: a discretionary fis

cal policy. b progressive fiscal policy. c regressive fiscal policy. d fiscal policy?
Business
2 answers:
miskamm [114]3 years ago
5 0

Discretionary fiscal policy is implemented when the government passes a new law wherein it explicitly changes the overall tax and the spending levels. This can be applied when a certain economy is in recession where the government can lower taxes and increase the spending.

Triss [41]3 years ago
3 0

<span>Discretionary fiscal policy is implemented when the government passes a new law wherein it explicitly changes the overall tax and the spending levels. This can be applied when a certain economy is in recession where the government can lower taxes and increase the spending.</span>

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Answer:

i. How much do you owe on the loan today?

  • remaining principal balance = $484,331.31

ii. How much interest did the firm pay on the loan in the past year?

  • during year 2, $23,458 was paid in interests ($28,833.33 was paid in interest during year 1).

iii. Suppose starting next year (fourth year) the loan rate jumps to 7.2% APR. What is the remaining balance? What will be the monthly payment?

  • the remaining balance at the beginning of year 4 is $475,916
  • the new monthly payment will be $3,375.72

Explanation:

I prepared two amortization schedules using an excel spreadsheet. The principal on the loan was $500,000. The first one has a fixed 4.8% APR for the whole 30 years. In the second one, the APR changes to 7.2% at the beginning of year 4.

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4 years ago
Cual funcion cumplen los indicadores económicos por el gobierno de un país?
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4 years ago
Selections, a general partnership, operates a gift shop. Selections has five partners. Tony has a one-third interest in the part
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With respect to management decisions a majority of the partners must agree, irrespective of the size of each partner's interest in the partnership.

<h3>What is partnership?</h3>

A partnership is an agreement in which two or more parties, known as business partners, agree to work together to advance their mutual interests. Individuals, businesses, interest-based organizations, schools, governments, or combinations can form partnerships.

A partnership is a single business owned by two or more people. Each partner contributes to every aspect of the business, whether it's money, property, labor, or skill. In exchange, each partner shares in the company's profits and losses.

The goal of a partnership agreement (or partnership contract) is to create a legally binding contract between two or more individuals or other legal entities in order to establish a business enterprise. This partnership agreement specifies each partner's or entity's rights and responsibilities.

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2 years ago
Wendell’s Donut Shoppe is investigating the purchase of a new $47,300 donut-making machine. The new machine would permit the com
UNO [17]

Answer:

COnsider the following calculations

Explanation:

1.  $

Annual Savings in Part-time help 6300

Added Contribution Margin from expanded sales 2600x1.50 3900

Annual Cash Inflows 10200

2.

NPV @ 5%

= Present Value of Cash inflows - Present Value of Cash outlfows

= [10200x 5.076] - 47300

= $4475

NPV @ 10%

= Present Value of Cash inflows - Present Value of Cash outlfows

= [10200x4.355] - 47300

= -$2779

Internal Rate of Return = Lower Rate + [Lower rate NPV/ (Lower rate NPV - Higher rate NPV] x Difference in rates

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Internal Rate of Return = Lower Rate + [Lower rate NPV/ (Lower rate NPV - Higher rate NPV] x Difference in rates

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= 13%

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Answer:

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Explanation:

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