<u>Solution and Explanation:</u>
A 30bn$ tax cut will mean that there is 35bn$ of added take home pay available to all the wage earners.
This would simply mean that 14% of 30bn $ = 4.2bn$ would be added to the national savings and the rest 86% of 35bn$ = 25.8bn$ would be additional spending. This would inturn generate 25.8bn$ of added income (since someone's expenditure is someone else's income);
So out of this 25.8bn$ 14% will be saved and 86% will be respent; and this chain will continue;
So total added consumption expenditure due to the 30bn $ tax cut =
(Rounded off)
This is the total additional spending (consumption in an economy because of the stimulus provided by the tax cut of 30bn$);
The total impact on the economy over long run = 184bn$ of additional expenditure
D is the most suitable answer
Answer:
The correct answer is letter "A": plan risk responses.
Explanation:
Plan risk responses refer to the process in which a team is facing a problematic situation and to reduce threats reacts immediately identifying the opportunities available they have that could lead to a solution. To achieve that, risk management and register will be necessary.
Answer:
$34,600
Explanation:
The computation of beginning retained earnings balance is seen below:
But we know that;
Ending balance of retained earnings = Beginning balance of retained earnings + Net income - Dividend paid
$51,600 = Beginning retained earnings + $21,100 - $4,100
Beginning retained earnings = $51,600 - $21,100 + $4,100
Beginning retained earnings = $34,600
GAAP requires you to use accrual based accounting (where revenue is earned and expenses are incurred) and not cash based.
So, The type needed is choice A.
