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3 years ago

The government increases taxes. What might be a reason for this change in fiscal policy?

2 answers:

Crank3 years ago

8 0

A; a deficit due to improving nationwide public transportation. Surplus in this case means that we have left over money.

morpeh [17]3 years ago

7 0

Answer:

A deficit due to improving nationwide public transportation

Explanation:

Fiscal policy is the instrument by which the government collects taxes to use resources in areas that require public investment. When the government spends more than it collects, there is a deficit. To finance this deficit, one of the government's alternatives is to raise taxes. On the contrary, when the government spends less than it collects, there is a surplus. In this case, the government could lower taxes.

In the case narrated, the government raises taxes. Therefore, this is feasible to cover the public account deficit. Fiscal faith only refers to direct government spending in areas of public interest, such as transportation, education, health, welfare, and so on. The relationship between the government and the financial market is not considered in the fiscal deficit, it is separated into another specific account. Therefore, the only correct alternative is that the government has raised taxes to cover the fiscal deficit of transport infrastructure spending, which is a sector that requires direct government investment.

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Explanation:

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3 years ago

True or false: When units produced are less than units sold, net income under absorption costing will be less than net income co

Oliga [24]

Answer:

True

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Answer:

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Gross domestic product is the total sum of final goods and services produced in an economy within a given period which is usually a year

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Joel and Mike would like to start a new business selling a product new to the U.S., the Peraves Monotracer. Joel and Mike have d

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Full question:

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Multiple Choice

corporation.

limited partnership.

general partnership.

sole proprietorship.

Answer:

They should organize their firm as a corporation.

Explanation:

A corporation is a kind of business process that represents the business as a separate, legitimate entity managed by a group of directors identified as the board of directors.

An essential component of a corporation is confined liability, which indicates that shareholders may practice share in the profits by dividends and stock recognition but are not individually responsible for the company's shares. A corporation's purposes can be for-profit or not, as with donations. Still, the huge preponderance of corporations intends to afford a return for its shareholders.

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