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3 years ago

According to Keynesian economics, temporary federal deficits are

Business

1 answer:

Nostrana [21]3 years ago

4 0

<u>Answer:True</u>

<u>Explanation:</u>

Federal deficit means the spending of the government is more than the revenue collected by the government through taxes. When the taxes are cut down it increases the money flow in the market that in turn increases the economic activity. When the economic activity is slow in the country then the government spends more to stop the decline in the economic growth.

The deficits can be corrected when there is economic growth. When there are surplus in the budget then the debt of the country can be paid back.

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Here are the cash flows for two mutually exclusive projects: Project C0 C1 C2 C3 A −$ 34,400 +$ 13,700 +$ 13,700 +$ 13,700 B − 3

Natali [406]

Answer:

7.89%

Explanation:

We can find the IRR of Project A and Project B is 9% and 8% respectively

(please see the calculation in excel in attachment)

So if the interest rate below 8% then Project A is more profitable than project B.

You can find NPV of each project follow the decrease in interest rate in the excel attached.

Download xlsx

5 0

3 years ago

Record the January 31, 2019 adjusting entry for the December 31, 2018 receipt of $3,000 from race participants for providing ser

MAXImum [283]

Answer:

Debit Unearned revenue $1,000

Credit Service revenue $1,000

Explanation:

When cash is received in advance for service yet to be provided, an asset and a corresponding liabilities are created.

The liability is then reduced as the revenue for which cash was collected in advance is earned.

Given that the December 31, 2018 receipt of $3,000 from race participants for providing services for three races. One race is held on January 31, 2019 and the other two will be held in March 2019.

Revenue from one race = 1/3 × $3,000

= $1,000

Since One race is held on January 31, 2019, entries required

Debit Unearned revenue $1,000

Credit Service revenue $1,000

Being entries top recognize revenue earned from the race held on January 31, 2019 .

4 0

3 years ago

The store purchases used goods for resale from people that bring items to the store. since that can occur anytime that the store

KiRa [710]

That doesnt seem right

5 0

3 years ago

A corporation following a _________ emphasizing vertical or horizontal growth would probably want an aggressive new chief execut

UkoKoshka [18]

Answer:

concentration strategy

Explanation:

This is an approach in which a business focuses on a single market or product which allows the company to invest more resources in production and marketing in that one area.

3 0

3 years ago

Read 2 more answers

Assume that the money demand function is (M/P)d = 2,200 – 200r, where r is the interest rate in percent. The money supply M is 2

liubo4ka [24]

Answer: The nominal money supply should set at 1,600.

Explanation:

Given that,

Money demand function: (M/P)d = 2,200 – 200r

r - Interest rate

Money supply (M) = 2,000

Price level (P) = 2