Answer:
Perfectly Inelastic
Explanation:
Demand can be defined as the total quantity of a commodity which a consumer is willing and able to buy at a particular time and price.
There are several types of elasticity of demand a perfectly elastic demand is one that quantity remains the same regardless of a change in price
Answer:
Slower economic growth
Explanation:
Increasing tax rates can generally and obviously discourage
work because corporations will pay more,
savings, because people earn lesser disposable income,
investment, because firms have lesser profit by paying bigger taxes,
Although specific tax adjustments for certain income categories can assist with the reallocation of economic resources.
But in the long-run economic growth will be slowed down by tax cuts because it will increase deficits by lesser funds being generated for the government over time
D. is correct. Both share responsibility
Answer: $33750
Explanation:
First and foremost, we have to calculate the interest paid for the year which will be:
= $750000 X 9%
= $750000 × 0.09
= $ 67500
Therefore, the semi annual payment will them be calculated as:
= $67500 / 2
= $33750
Auditors would comunicate with the audit committee for critical accounting practices including the significant accounting policies and practices for evaluating certain evidences related to the transaction.
Some of the other communications made to audit committee should be an overall audit strategy with time of the audit and significant risks involved for assessing risks and procedures regarding the transaction.
Auditors are required to solve the financial accounting problems and are not accountable for unusual insignificant transactions and procedures and policies.
To learn more about auditors and committee here,
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