The positions of art director and editor are both supervisory ones. True False

A $1 increase in government spending on goods and services will have a greater impact on the equilibrium GDP than will a $1 decl

ollegr [7]

Answer:

Government spending creates employment or it employment-intensive as compared to a decline in tax.

Explanation:

Government spending is more employment-intensive as compared to tax. When the government dumps money into the economy then the economy becomes richer than the injected money because it creates employment and increases the aggregate demand. Moreover, GDP will increase more because it depends on the MPC and spending multiplier. While the tax decline is saving intensive when a tax falls then people try to save more.

7 0

3 years ago

Assume that the corporate tax rate is 34% and the personal tax rate is 30%. The founders of a newly formed business are debating

miv72 [106K]

Answer:

b. 23.8%

Explanation:

For computing the percentage difference, we have to compute the Pre-tax income of both corporations and the partnership

For corporations:

Pre-tax income = (1 - corporate tax rate) × (1 - personal tax rate)

= (1 - 0.34) × (1 - 0.30)

= 0.66 × 0.70

= 0.462 or 46.2%

For partnership:

Pre-tax income = (1 - personal tax rate)

= (1 - 0.30)

= 0.70 or 70%

So, the difference would be

= 70% - 46.2%

= 23.8%

5 0

3 years ago

Bailey Furniture Company has prepared the following flexible budget for April and is in the process of interpreting the variance

Grace [21]

Answer:

See notes below

Explanation:

Rate variance

The rate variance is the the difference between the standard labor cost of the actual hours paid for and the actual cost.

Possible reasons:

An increase in wage rate

Skilled workers were as against using the unskilled workers planned for

Efficiency variance

Labour efficiency variance is the difference between the actual time taken to achieve a given production output less the standard hours allowed for same multiplied by the standard labour rate

Possible reasons:

The use of skilled workers who worked faster than the unskilled workers planed for

The workers were trained making them more efficient in saving time

3 0

3 years ago

The mechanical and chemical receptors that control digestive activity are located ________. in the oral cavity in the walls of t

stiv31 [10]

Answer:

The correct answer is in the walls of the tract organs.

Explanation:

The regulation of digestive activities is carried out by intrinsic (systemic) and extrinsic nerves, as well as digestive hormones. And as in the rest of the regulatory systems, sensorial receptors, integration systems and effectors (cells that execute the regulatory response) participate. In vertebrates, this regulatory system overlaps the basic activity of the smooth muscles of the digestive system, modulating it, in addition to exerting other effects.

4 0

3 years ago

Heather owns a two-story building. The building is used 40% for business use and 60% for personal use. During 2020, a fire cause

Sonbull [250]

Answer:

Explanation:

cost of building = $800,000

business = $800,000 x 40% = $320,000 - $100,000 (depreciation) = $220,000

personal use = $800,000 x 60% = $480,000

adjusted basis:

business = $220,000

personal use = $480,000

decline in FMV:

business = $700,000 x 40% = $280,000

personal use = $700,000 x 60% = $420,000

loss on building (lesser of basis of decline in FMV):

business = $220,000

personal use = $420,000

recovery from insurance company $600,000

business = $600,000 x 40% = $240,000

personal use = $600,000 x 60% = $360,000

gain/loss on building:

business = $175,000 - $220,000 = -$45,000 (loss)

personal use = $360,000 - $420,000 = -$60,000 (loss)

gain/loss on contents:

business = $240,000 - $220,000 = $20,000 (loss)

personal use = $65,000 - $50,000 = $15,000 (gain)

AGI before the fire = $100,000

+ business gain on building $20,000

- business loss on contents ($45,000)

- personal loss on building up to personal gain ($15,000)

+ personal gain on contents $15,000

heather's AGI after the fire = $75,000

4 0

4 years ago