The economic growth and tax alleviation reconciliation act of 2001 expansionary or contractionary: sweeping U.S. tax.
Economic growth can be described as the increase or development inside the inflation-adjusted market price of the products and services produced by an economic system over a certain period of time. Statisticians conventionally measure such growth because the percent charge of growth is inside the real gross domestic product or actual GDP.
Economic growth method a boom in actual GDP – a boom inside the fee of countrywide output, income, and expenditure. essentially the benefit of financial increase is better residing requirements – higher actual incomes and the capacity to dedicate greater resources to areas like health care and schooling. extensively talking, there are fundamental assets of economic growth: growth in the size of the body of workers and growth inside the productivity (output in step with hour worked) of that team of workers. either can increase the overall size of the economy however best sturdy productivity growth can grow according to capita GDP and earnings.
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Answer:
cost of goods manufactured= $3,760
Explanation:
1.
We weren't provided with the list
2.
Direct materials: $2,600
Factory overhead: $510
Direct labor: $1,200
Beginning work in process: none (December 31, 2019)
Ending work in process: $550 (January 31, 2020)
<u>To calculate the cost of goods manufactured, we need to use the following formula:</u>
cost of goods manufactured= beginning WIP + direct materials + direct labor + allocated manufacturing overhead - Ending WIP
cost of goods manufactured= 0 + 2,600 + 1,200 + 510 - 550
cost of goods manufactured= $3,760
Answer:
slope of the resulting budget line = 
= 0.2
Explanation:
given data
price of product Y = $15
price of product X = $3
money income C = $60
to find out
absolute value of the slope of the resulting budget line
solution
we know here equation of resulting budget line is that is express as
AX + BY = C
here A and B are the quantity and X and Y are price and C is income
so
3 A + 15 B = 60
so
the slope of the resulting budget line is
slope of the resulting budget line = 
slope of the resulting budget line = = 0.2
Answer:
protectionism
Explanation:
The country could overtax import products such as manufactured products in order to protect its own products and industries. This is very common in trade markets. Nowadays, through the globalization and China´s high development protectionism is ending.
