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3 years ago

.According to supply-side fiscal policy, reducing tax rates on wages and profits will:

Business

1 answer:

sergejj [24]3 years ago

6 0

Answer:

The answer is C.

Explanation:

Reducing tax rate according to supply - side policy creates demand pull inflation.

Demand pull inflation is a situation whereby people have more buying power due to the availability of cash thereby leading to high demand and consequentially leading to an increase in the price of goods and services by suppliers.

That is the process where demand outplays supply due to the high purchasing power thereby causing price to increase which is the demand pull inflation effect.

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Assume the facts in part (a) except the adjusted basis of Rodriquez's original parcel of land is $65,000 and the fair market val

Masja [62]

Answer:

A 1031 Exchange allows a taxpayer like Rodriguez to temporarily differ any capital gains when they sell a property and immediately purchase another property using the proceeds from the sale. In the first part of the question, Rodriguez sold a property that had a basis of $57,000 for $65,000, and immediately but another property worth $65,000. That means that he doesn't need to immediately pay any taxes for the $8,000 gain.

But if the situation is the opposite. Instead of making a gain, Rodriguez lost money, then he should immediately record the $8,000 loss in order to lower his taxes. The less taxes you pay, the better. The whole idea of the 1031 Exchange is to defer taxes that you owe, not to defer losses that will lower your taxes.

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3 years ago

A company wants to restrict access to sensitive data. Only those who have a "need to know" will have access to this data. Strong

Sergeeva-Olga [200]

Answer:

Password and U2F token

Explanation:

The password and the U2F token do not include user identification but are applied or used for two factors authentication

Here password could be for social websites like login to social websites. When login it asks for authentication for higher security so that the hacking could be minimized

The U2F refers to the universal two-factor authentication. It can be used through the USB, NFC, Bluetooth device

7 0

3 years ago

It’s Friday night. You already have a ticket to a concert, which cost you $30. A friend invites you to go out for a game of pain

ololo11 [35]

Answer:

$30

Explanation:

Opportunity cost is the cost of the next best option forgone when one alternative is chosen over other alternatives.

Here, one has the option of either paintballing or attending a concert. If one goes paintballing , the opportunity to attend the concert is forgone. Thus, the opportunity cost is the cost of the concert tickets- $30.

I hope my answer helps you

7 0

3 years ago

Which of the following situations best demonstrates the law of demand? Multiple Choice Movie-goers react to an increase in the p

d1i1m1o1n [39]

Answer:

Movie-goers react to an increase in the price of a theater ticket by seeing fewer movies per year.

Explanation:

According to the law of demand, when the price of the goods increases, the demand decreases. At the same time, when the price of the goods decreases, the demand increases. there is an inverse relationship between price and goods. In the above situations, the first situation is the best which demonstrates the law of demand. The reaction of the movie-goers towards the tickets demonstrates the law of demand.

6 0

3 years ago

Whirly Corporation’s contribution format income statement for the most recent month is shown below: Total Per Unit Sales (8,500

FinnZ [79.3K]

Answer and Explanation:

The calculation of the revised net operating income per month in the following cases:

1. The sales volume increases by 50 units.

Sales revenue (8,550 units × $31) $265,050

Less: Variable expenses (8,550 units × $19) $162,450

Contribution margin $102,600

Less: Fixed expenses $55,200

Net operating income $47,400

2. The sales volume decreases by 50 units.

Sales revenue (8,450 units × $31) $261,950

Less: Variable expenses (8,450units × $19) $160,550

Contribution margin $101,400

Less: Fixed expenses $55,200

Net operating income $46,200

3. The sales volume is 7,500 units.

Sales revenue (7,500 units × $31) $232,500

Less: Variable expenses (7,500 units × $19) $142,500

Contribution margin $90,000

Less: Fixed expenses $55,200

Net operating income $34,800

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3 years ago