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densk [106]
3 years ago
12

""The question remains: How many guns are necessary to maintain a high level of security for the U.S., and how much butter can t

he nation afford without hurting guns and vice versa?"— David Briceno, "‘Guns vs. Butter,' America's Political Dilemma," The Union in the quotation above, "butter" refers to"__________.
Business
1 answer:
jenyasd209 [6]3 years ago
3 0

Answer:

social welfare spending (education, hospitals, housing, schools, etc.).

Explanation:

This quote deals with the problem of the ever increasing cost of national defense versus the welfare of the citizens. The US spends more money on national defense than any other country in the world, around 37% of the total military budget of the world. It also represents 15% of the total federal budget and almost half of all discretionary spending.

That is a lot of money to be distributed among a small number of private firms. Usually Republicans tend to favor a large army, but Democrats never lower their budget either. The largest military contractors are Lockheed Martin, Boeing and Raytheon. They are all located in blue states, actually Maryland currently has a Republican governor but both their senators are democrats as well as most of the representatives. Boeing has its headquarters in Washington State and Raytheon in Massachusetts. These aren't blue states, they are indigo states.

But as the military budget increases and the power of military contractors also increases, who will dare to stop them. Military spending is much higher than welfare spending, even if you throw in Medicaid into the equation ($1.6 trillion vs $1 trillion).

The question really is, are guns more important than the well being of our citizens? I guess it depends who you ask.

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A foreign sales corporation is a device used by U. S. exporters to reduce taxes. To qualify, the goods exported must have _____
Bumek [7]

Answer:

To qualify, the goods exported must have <u>50</u> percent U. S. content. This results in a tax reduction of <u>15</u> percent.

Explanation:

Foreign sales corporations (FSC) no longer exist. The FSC corporation had to be set up in the US, but it had to operate in foreign countries that complied with information agreements with the US government (IRS). It helped exporting companies to lower taxes, but they ceased to exist in year 2000.

3 0
3 years ago
Explain why the high-tech and textile industries in the united states are facing continued job loss. you may answer either with
Ray Of Light [21]
<span>The high-tech and textile industries in the united states are facing continued job loss due to advances in technology and globalization. Globalization enables the U.S to </span>outsource low skilled jobs such as those in the textile industry to low cost countries. Advances in technology we have machines building machines and other things so the need for human input has gone down.
4 0
3 years ago
Choose all that apply.
MA_775_DIABLO [31]

Bank teller

Bank web sites

Customer service representative

and probably   printed material

5 0
3 years ago
On September 1, 2017, Bridgeport Corporation acquired Aumont Enterprises for a cash payment of $800,000. At the time of purchase
larisa [96]

Answer:

$220,000

Explanation:

Net Amount of assets taken:

= Fair value of assets - Liabilities taken over

= $760,000 - $180,000

= $580,000

Value of Goodwill acquired by Bridgeport:

= Purchase consideration - Net Amount of assets taken

= $800,000 - $580,000

= $220,000

Therefore, the amount of goodwill acquired by Bridgeport is $220,000.

6 0
3 years ago
Calculate total GDP for this economy given the following components of supply. Components of GDP on the Supply Side (in trillion
astraxan [27]

Answer:

Total GDP (in trillions of dollars) = 19 trillion dollar

Explanation:

Given:

Durable goods = 3.3

Non-durable goods = 2.3

Services = 11.6

Structures = 1.8

Change in inventories = 0

Computation Of total GDP (from Supply side)

Total GDP = Durable goods + Non-durable goods + Services + Structure + Change in inventory

Total GDP (in trillions of dollars) = 3.3 + 2.3 + 11.6 + 1.8 + 0

Total GDP (in trillions of dollars) = 19 trillion dollar

6 0
3 years ago
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