Answer:
If investors believed that capital taxes would remain low, the government's action would lead to an increased level of investment.
After investors have responded to the announced tax reduction, the government have an incentive to renege on its policy. True
Given your answer to the preceding part, investors would not believe the government's announcement. True
Explanation:
It has been established that there are about six months lags between when government's monetary and fiscal policies change and when they are reflected in the marketplace. This is why some have argued that rules should govern government monetary and fiscal policies instead of allowing discretion to be used. With rules, reneging on policies become more difficult as the government can be challenged for breaking its own rules.
Answer:
see below
Explanation:
a. What you give up for taking some action is called the <u>opportunity cost. </u>
b. <u>Average total cost</u> is falling when marginal cost is below it and rising when marginal cost is above it.
c. A cost that does not depend on the quantity produced is a <u>fixed cost.</u>
d. In the ice-cream industry in the short run <u>variable costs</u> includes the cost of cream and sugar but not the cost of the factory.
e. Profits equal total revenue minus <u>total costs.</u>
f. The cost of producing an extra unit of output is the <u>marginanal cost.</u>
Answer:
c. lower the price of that item
Explanation:
If the revenues from a product begin to fall, most probably the product is entering the decline stage of its product cycle. In the initial stages of the decline stage, sales begin to drop.
When sales begin to drop, producers implement strategies to try and keep the product in the market for a longer time. One of the ways of maintaining sales is to offer reduced prices. A producer cuts prices to woe customers to continue buying the product.
Answer:
debit teaching supplies expense
credit teaching supplies
(9000-3840)
9000 is from general ledger
Explanation:
Answer: $37000
Explanation:
Sharon's basis in the partnership interest after the formation transaction is calculated below:
Adjusted basis of property to Sharon = $100,000
Less: Basis in mortgage = $90000 × (100% - 30%) = $90000 × 70% = $63000
Then, Sharon's basis in the partnership interest after the formation transaction will be:
= $100000 - $63000
= $37000
