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3 years ago

Automatic stabilizers refer to:

Business

1 answer:

Aliun [14]3 years ago

4 0

Answer:

B) government spending and taxes that automatically increase or decrease along with the business cycle.

Explanation:

The two most common automatic stabilizers are: income taxes and unemployment benefits.

When the economy is strong, people make more money, and income tax revenue automatically increases.

On the contrary, when the economy is weak, or in recession, people earn less, and more of them are unemployed. Unemployment benefits therefore increase accordingly.

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The Boot Department at the Omaha Department Store is being considered for closure. The following information relates to boot act

kykrilka [37]

Answer:

Yes, Omaha department store would be better off by $23000.

Explanation:

Given: Sales revenue= $350000.

Cost of goods sold= $280000.

Sales commission= $30000.

Fixed operating cost= $90000.

Now, computing net profit or (loss)

Net profit/loss= $\textrm{sales revenue - cost of goods sold- sales\ commission - Avoidable fixed\ operating\ costs}$

∴ Net profit/loss= $350000-280000-30000-(90000\times 70\%)$

⇒ Net profit/loss= $40000-(63000)= (\$ 23000)$

∴ Net loss= $\$ 23000$

∴ Yes boot department should be closed, as Omaha department store is better off by $23000.

7 0

3 years ago

Find the minimum payment on an unpaid balance of $. Assume that the minimum payment on a credit card is the greater of $ or %

antoniya [11.8K]

Answer:

$27

Explanation:

Giving that the most important(all in actuality) values related to the question are not listed, I'd do well to improvise and assume. And as such, I have these

I'm assuming that the minimum payment on a credit card is the greater of $27 or 3% of the unpaid balance. And thereafter, proceeding to find the minimum payment on an unpaid balance of about $815.69.

To do this, we use simple arithmetic to first find the value of the percentage in dollars, so that

3% of $815.69 = 3/100 * 815.69 = $24.471

Remember that drum the question, the minimum payment is greater than 3% of the unpaid balance or $27. Given than 24.47 is less than 27, our answer is $27

6 0

3 years ago

Ramsay, the ceo of a large corporation, was indicted for tax fraud. the government accused him of hiding a vast amount of the co

Harlamova29_29 [7]

In this type of situation, both Ramsay and the company will be investigated for the tax fraud case. Even if Ramsay was found not guilty, the company will still be investigated since the company is a separate entity and there is an alleged big amount hidden in company's assets. If the company is found guilty, it will still be liable for the case even if Ramsay was found not guilty. Most likely, the investigators will try to tie the case back to him anyway since he is one of the main representatives of the company.

4 0

3 years ago

Orders placed for buying shares of a mutual fund any time up to 4:00 p.m. are priced at that day’s net asset value (NAV), and or

stepladder [879]

Answer:

Option "b" is the correct answer to the following question.

Explanation:

This is the agreed price of the relevant material, commodity or tangible asset as negotiated by the consumer and the forward agreement dealer, to be payable in the future event at a fixed date.

In this situation, Before 4:00 P.M is the present price of mutual fund and after 4:00 P.M is the future price of the mutual fund.

7 0

3 years ago

Describe the importance of administrative office management

slava [35]

Answer:

Office management helps to maintain a close relationship between different department of people. It regularly supplies order,command and instruction to different people.It oerformsvarious function like planning , organising,controling, staffing,supervising, motivating,and effective leadership.

Explanation:

i hope this will help you

5 0

3 years ago