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3 years ago

Ricardian equivalence means that:

Business

1 answer:

kati45 [8]3 years ago

6 0

Answer:

changes in private savings offset any changes in the government deficit

Explanation:

Ricardian equivalence means that private saving changes offset any changes in the government budget. Therefore, if the deficit increases by 30, private saving also increases by 30 but the trade deficit and the budget deficit will not change.

In case of the Ricardian equivalence, economic agents are assumed to be perfectly rational. According to them, higher taxes are required to repay the debt in case of an increase in deficit-financed government spending.

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When two or more people legally agree to become co-owners of a business, the form of business is called a partnership.

Oliga [24]

The answer is A.true

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3 years ago

broker-dealer based in New York has a Net Capital requirement of $100,000. The broker-dealer also has 2 branch offices in New Je

Lena [83]

Answer:

$100,000

Explanation:

Data provided in the question

Net capital requirement = $100,000

Number of branch offices = 3

Based on the above information

The net capital requirement for this broker-dealer is $100,000. According to the uniform state law refers to the law in which there is uniformity or the same laws to be followed from state to state

Since the net capital is $100,000 so the same is to be considered in case of 3 branches offices as there is an existence of uniformity

3 0

3 years ago

April would like the part numbers to be in order with the highest number at the top of the table. She should _____. sort in asce

torisob [31]

Answer:

sort in descending order

Explanation:

Descending order means arranging from the largest to the smallest. It can also imply organizing from the oldest to the youngest. When numbers are sorted out using the descending order, the largest numbers will appear and the top, while the smallest will be at the bottom. April should sort using the descending order.

7 0

3 years ago

Under MACRS, the salvage value ____ is

tankabanditka [31]

Answer:

C. Ignored

Explanation:

Marcs is a tax depreciation system that helps to determine the actual cost of an asset by depreciating it yearly. There are many aspects of this technique that allows recovering the cost basis of various assets. In MACRS salvage value is completely ignored. This technique allows the measurement of the cost of an asset by completely ignoring the salvage value.

5 0

3 years ago

A company manufactures and sells two products: Product A1 and Product C4. Data concerning the expected production of each produc

Free_Kalibri [48]

Answer:

Unitary cost= $4,207.85

Explanation:

Giving the following information:

Product C4:

Production= 200 units

Direct labor hours per unit= 1

Total DLH= 200

The direct labor rate is $27.40 per DLH.

The direct materials cost per unit is $267

Activity Cost Pools - Overhead Cost - Product C4 - Total

Labor-related DLHs $558,452 - 7,700 - 14,900

Production orders Orders $75,240 - 600 - 1,100

General factory MHs $886,410 - 4,600 - 9,000

First, we need to calculate the predetermined overhead rate for each activity:

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Labor-related= 558,452/14,900= $37.48 per DLH

Production orders= 75,240/1,100= $68.4 per order

General factory= 886,410/9,000= $98.49 per machine hour

Now, we can allocate overhead to C4 as a whole:

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Labor-related= 37.48*7,700= $288,596

Production orders= 68.4*600= $41,040

General factory= 98.49*4,600= $453,054

Total= $782,690

Finally, the total cost and cost per unit:

Total cost= 200*267 + 200*27.4 + 782,690

Total cost= $841,570

Unitary cost= 841,570/200= $4,207.85

6 0

3 years ago