Comparison levels
Amelia and Lisa's comparison levels are different.
<h3>What do you mean by comparison levels?</h3>
According to prior interactions, the comparison level describes the expectations for the connection. We essentially weigh the advantages and disadvantages of our current relationship against those of our previous partnerships. Some people expect a lot of benefits since they have a high comparison level.
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<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
Answer: At the end of the fiscal year
Explanation: In simple words, adjusting entries refers to the entries that are made in the accounts at the end of the accounting for to recognize income and expenses that are not accurately recorded in the accounts.
These journal entries can only be made at the end of the year as the mistakes could only be identified after preparing and comparing all the statements relating to the company.
Excise taxes on tobacco and alcohol and state sales taxes are often criticized for being regressive. Although everyone pays the same rate regardless of income, this might be so because low-income individuals are more prone than high-income individuals to purchase alcohol, tobacco, and gasoline.
<h3>What are Excise taxes?</h3>
- Any duty on produced items that are assessed at the time of manufacture rather than the time of sale is known as an excise or excise tax.
- Excises and customs duties are frequently used interchangeably, although customs taxes are imposed on already-existing products when they cross a defined border in one direction, whereas excise is imposed on goods that were created inland.
- State sales taxes and excise taxes on alcohol and cigarettes are frequently criticized for being regressive.
- Despite the fact that everyone pays the same rate regardless of income, this may be the case because people with low incomes are more likely than those with higher incomes to buy alcohol, cigarettes, and fuel.
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<span>The answer is High affective commitment . It means the employee connected with the organization for a commitment and achieve their goals without fear of loss, affective with the job and Sense of obligation to stay etc. It can be different form like commitment, direction of development and influences behaviour etc.</span>
