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3 years ago

When the economy is experiencing an expansionan expansion automatic stabilizers will cause:

Business

1 answer:

Sunny_sXe [5.5K]3 years ago

3 0

Answer:

The transfer payments to decrease and tax revenues to increase.

Explanation:

An automatic stabilizer is a fiscal policy tool that is used to correct the fluctuations in the economy through its normal working without any further government intervention. In case of expansion it increases taxes and reduces government spending.

An increase in the tax rates will increase the tax revenues of the government. At the same time, a reduction in government spending will decrease the transfer payments paid by the government.

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Job cost sheets can provide information to managers on unit cost trends, the cost impact of continuous improvement in the manufa

Lera25 [3.4K]

Answer:

Yes its True ✅

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3 years ago

In year T, a US citizen buys 100 shares of Sonic on the Tokyo stock exchange at 700 yens each. Suppose the exchange rate then is

zlopas [31]

Answer:

Change in US external wealth between periods T and T +1 in dollars = -$100

Explanation:

Since nothing else changes, this implies that the exchange rate per yen is $0.01 in periods T and T +1. Therefore, we have:

Value shares of Sonic in period T in dollar = Number of shares of Sonic bought in period T * Price per share of Sonic in Yen in period T * Exchange rate per yen in periods T = 100 * 700 * $0.01 = $700

Value shares of Sonic in period T+1 in dollar = Number of shares of Sonic in period T+1 * Price per share of Sonic in Yen in period T+1 * Exchange rate per yen in period T+1 = 100 * 600 * $0.01 = $600

Change in US external wealth between periods T and T +1 in dollars = Value shares of Sonic in period T+1 in dollar - Value shares of Sonic in period T in dollar = $600 - $700 = -$100

4 0

3 years ago

Martinez Company sells goods to Danone Inc. by accepting a note receivable on January 2, 2020. The goods have a sales price of $

Artemon [7]

Answer:

Martinez Company

a) Journal Entries

Jan. 2, 2020:

Debit Accounts Receivable (Danone Inc.) $630,000

Credit Cash Discounts $9,100

Credit Sales Revenue $639,100

To record the sale of goods on account, with trade terms, 5 days $9,100, net 30.

Debit Cost of goods sold $480,000

Credit Inventory $480,000

To record the cost of goods sold.

Jan. 28, 2020:

Debit Cash $639,100

Credit Accounts Receivable (Danone Inc.) $630,000

Credit Cash Discounts $9,100

To record the full receipt of cash on account and the revision of the cash discounts not taken.

Explanation:

a) Data and Analysis:

Jan. 2, 2020:

Accounts Receivable $630,000 Cash Discounts $9,100 Sales Revenue $639,100, terms, 5 days $9,100, net 30.

Cost of goods sold $480,000 Inventory $480,000

Jan. 28, 2020:

Cash $639,100 Accounts Receivable $630,000 Cash Discounts $9,100

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3 years ago

Which is an example of a positive incentive for consumers

alex41 [277]

The answer is: coupon clip from a newspaper.

The rest of the choices are not advantageous for the consumers. A sales tax is a portion of the company's sales deducted. For compensation, the company may increase their prices. A steady rise in profit could also mean high prices which bring in cash flow. Lastly, an increased price is not desirable for consumers.

8 0

3 years ago

Read 2 more answers

The problem of _________________ arises when an antique dealer knows more about the quality of an item than the potential buyer,

vlada-n [284]

Answer:

Option (D) is correct.

Explanation:

Imperfect information refers to a situation in which both the parties (i.e buyer and seller) have different information. For example; In a market of second hand car industry, the buyer have less information about the car as compared to the seller. In this type of industry, the seller have more information about the condition and quality of used car.

In our case, the seller of antique have more information about the product, so this will lead to give a disadvantage to a potential buyer of antique.

8 0

3 years ago

Read 2 more answers

When the economy is experiencing an expansionan expansion automatic stabilizers will​ cause:

When the economy is experiencing an expansionan expansion automatic stabilizers will cause: