Tax multiplier = -1.5
Tax increase = $200 billion
Therefore, since the multiplier is a negative value, the GDP must have gone down.
GDP = Tax increase/Tax multiplier = 200/-1.5 = $133.33 billion decrease.
Then, the correct answer is c.
Answer:
are there no answer choses maybe stress problem solving
Explanation:
Answer:
A debit to Work-in-Process Inventory, Finishing Department of $140,000
Explanation:
Data provided
Cost transferred per unit = $4
Units transferred = 35,000
Total cost of units transferred = Cost transferred per unit × Units transferred
= $4 × 35,000
= $140,000
Therefore Process department is a finishing department. From the last processing department to finished goods and when only finished goods are debited.
$140,000 will be paid to the Work-in-Process Inventory, Mixing Department and debited to the Finishing Department, Work-in-Process Inventory.
Answer:
Matched as below
Explanation:
a. Cashier’s check: A draft drawn by a bank on itself
b. Check: A draft drawn by a drawer ordering the drawee bank or financial institution to pay a certain amount of money to the holder on demand
c. Certified check: A draft that is payable on demand, drawn on or payable through a bank, and specially designated
d. Traveler’s check: A draft that had been accepted by the bank on which it is drawn, promising to pay the check when it is presented