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ryzh [129]
2 years ago
8

Suppose that the economy is suffering from a recession (or type of economic downturn). Businesses are closing, and people are lo

sing their jobs. In 1 or 2 sentences, list two fiscal policy actions that could help the economy to recover faster.
Business
2 answers:
e-lub [12.9K]2 years ago
5 0
The government could decrease income tax so people have more disposable income to spend on goods and services and therefore increase AD. They could also increase government expenditure to increase AD.
(since AD=C+I+G+(X-M))
Neporo4naja [7]2 years ago
3 0

yExplanation:ffffffffffffffffffdddddddddddddddddddddddddddddddd

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Whats a SIMPLE topic setance for why Autumn is my favorite season
Kay [80]

An example of a simple topic setence that says why one would think autumn is their favorite season is:

  • With the falling leaves and pumpkins, autumn is my favorite season.

8 0
2 years ago
Emerald Energy is an oil exploration and production company that trades on the London stock market.Assume that when purchased by
xeze [42]

Answer:

Option D is correct

Explanation:

Price of stock = €5

Convert stock price to dollar at the begging of year using the exchange rate of €0.64/$1 = 5/0.64 = $7.81

Value of stock at the end of year = €6

Convert value to dollar using the present exchange rate of €0.6/$1 = 6/0.6 = $10

APR = (EYP -BYP)/BYP *100%

Where APR = annual percentage rate, EYP = end of year price

BYP = beginning of year price

APR = (10 - 7.81)/7.81 *100% = 28.04% (D)

6 0
3 years ago
A purchase of supplies on account is recorded in the a.revenue journal b.general journal c.cash payments journal d.purchases jou
Margaret [11]

Answer: b

Explanation:

8 0
2 years ago
Which of the following statements is incorrect? Employment insurance compensation encourages longer job searches, which may lead
Wittaler [7]

Answer:

Employment insurance compensation increases the opportunity cost of being

unemployed.

Explanation:

The Employment insurance program is the benefit that is provided temporarily to the people who do not have jobs or had lost their jobs of no fault of their own. This program helps the unemployed with financial help temporarily so that they can survive and search for another jobs.

The compensations provided from the employment insurance encourages the people for a longer job search and better match between the employees and the jobs. This financial aid is provided for up to a maximum of 26 months and for 1/3rd of one's latest salary. The demand and supply curve for te labor is shifting constantly.

Thus the incorrect statement is :

Employment insurance compensation increases the opportunity cost of being

unemployed.

6 0
2 years ago
On January 1, 2018, Gillock Climbing Academy instituted a defined benefit pension plan for its employees. The annual service cos
Licemer1 [7]

Answer:

Pension Expense = EBE = $593440 for income statement

Explanation:

The opening balance of the Plan asset is made by the 40000 from 2018 plus interest of 32000 and the new 400000 made this year. Why include it? Because an opening balance are the funds in an account at the beginning of the year either from last year or are from current year but should be the first entry in the books of the current year.

                                                                 DBO                plan asset       EBE

opening balance                                   (600000)            832000             -

interest                                                   ( 60000)              66560            6560

current year's service cost                    (600000)                               (600000)

                                                            (  1260000 )            898560      <u> 593440</u>

 balance sheet liability = 361440

5 0
3 years ago
Read 2 more answers
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