The power of judicial review is one example of ____

During 2017 the inflation rate increased slightly but remained in the "comfort zone" and the unemployment rate was low. Why mig

goblinko [34]

Answer:B It thought that unemployment was a greater problem than the rising inflation rate

Explanation:

Inflation is the continuous rise in price of goods and services which is as a result of large volume of money in circulation used for the few available goods and services.

Unemployment is a situation where all that are willing and capable of being employed are unable to get employment.

In the above scenario lowering Interest rates will increase the volume of money in circulation which will invariably increase inflation and we equally increase level of investment as the cost of fund will be cheaper thereby lowering unemployment.

This action means unemployment is of greater problem than rising inflation.

It does not mean inflation is of more concern than unemployment otherwise it will have increase the interest rate, it will make loanable fund demanded to exceed supply and the quantity of money in supply will increase.

7 0

3 years ago

DJ and Nicolette paid $1,600 in qualifying expenses for their daughter Nicole to attend the University of Nevada. Nicole is a so

aliina [53]

Answer and Explanation:

As we know that the credit amount should be allowed a qualified deduction of 100% till $2,000 and the next 25% is $2,000

In the given situation, the credit amount would be

= $1,600 × 100%

= $1,600

As the AGI is $175,000 i.e. exceeded the prescribed amount i.e. $160,000 so it would be phased out till $180,000

So, after considering the phase out application limits, the credit is

= $1,600 × ($180,000 - $175,000) ÷ ($180,000 - $160,000)

= $400

So, the total credit is $400 out of which $160 is refundable and the remaining balance i.e. $240 would be non-refundable

7 0

2 years ago

"Mrs. Smith operates a business in a competitive market. The current market price is $8.10. At her profit-maximizing level of pr

STALIN [3.7K]

Answer:

Mrs.Smith should continue to operate the business in the short run but shut down in the long run.

Explanation:

According to the shut down rule, at the profit-maximizing positive level of output, a business in a competitive market should continue to operate in the short-term if the price equals to or is greater than the average variable cost, but should shut down in the long term if the price is less than or equal to total cost. Here,

price = $8.10

avg variable cost = $8.00

avg total cost = $8.25

Mrs.Smith should continue to operate the business in the short run but shut down in the long run.

8 0

3 years ago

Read 2 more answers

What do you call collections of stocks and bonds that are traded on securities exchanges but themselves are traded more like ind

Kamila [148]

Collections of stocks and bonds that are traded on securities exchanges but themselves are traded more like individual stocks than mutual funds?

The correct answer is an exchange-traded fund (ETF)

<h3>What are exchange-traded funds?</h3>

ETFs, or "Exchange Traded Funds," as the name implies, are funds that trade in exchange-traded funds and typically track a particular index. Investing in ETFs gives you a bundle of assets that you can buy and sell during market hours. It has the potential to reduce risk and exposure while helping to diversify the portfolio.

ETFs have several advantages over traditional open-ended funds. The four main benefits are transaction flexibility, portfolio diversification and risk management, low cost, and tax benefits.

Learn more about securities exchanges here

brainly.com/question/25572872

#SPJ2

7 0

2 years ago

Gomez Corp. uses the allowance method to account for uncollectibles. On January 31, it wrote off an $1,600 account of a customer

umka21 [38]

Answer: Please see explanation for answers

Explanation:

1. Journal entry to record bad debt on January 31st

Date Account Titles and Explanation Debit Credit

Jan. 31st Allowance for doubtful account $1,600

Account receivables ( Customer C. Green) $1.600

2. Journal entry to record recovery of bad debt on March 9

A) To reinstate Amount previously written off

Date Account Titles and Explanation Debit Credit

March 9 Account receivables ( Customer C. Green) $1,100

Allowance for doubtful account $1,100

B) To record payment of account

Date Account Titles and Explanation Debit Credit

March 9 Cash $1,100

Account receivables( Customer C. Green) $1,100

3 0

2 years ago

The power of judicial review is one example of _____.