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Svet_ta [14]
4 years ago
7

Megan: most people recognize that the budget deficit has been rising considerably over the last century. we need to find the bes

t course of action to remedy this situation. larry: i believe that a cut in income tax rates would boost economic growth and raise tax revenue enough to reduce budget deficits. megan: i actually feel that raising the top income tax rate would reduce the budget deficit more effectively.
Business
1 answer:
goldfiish [28.3K]4 years ago
8 0

The answer is "<u>The disagreement between these economists is most likely due to differences in scientific judgments."</u>


It isn't surprising that as the inquiry proceeds with, researchers at times differ about the bearing in which truth lies. Economists regularly differ for a similar reason. Economics  is a youthful science, and there is still much to be educated. Economists here and there differ in light of the fact that they have distinctive hunches about the legitimacy of elective hypotheses or about the extent of critical parameters that measure how monetary factors are connected.



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Suppose you would like to make a global change to the font type and font color for all slides with the comparison layout. Which
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Answer:

D. Use slide master.

Explanation:

Edge

7 0
3 years ago
Larkspur, Inc. issued $432,000, 7%, 20-year bonds on January 1, 2020, at 104. Interest is payable annually on January 1. Larkspu
kirill [66]

Answer and Explanation:

The Journal entry to record the issuance of the bond is as follows:

Cash Dr  $449,280 ($432,000 × 1.04)

        To Bond payable $432,000

        To Premium on bond payable $17,280

(Being the issuance of the bond is recorded)

here the cash is debited as it increased the assets and credited the bond payable and the premium on bond payable as it also increased the liabilities

3 0
3 years ago
On March 1,a woman sees a car with a “for sale” sign and telephone number to call. She investigates the car and its value. She t
emmasim [6.3K]
Is when is she going to get car
4 0
3 years ago
Read 2 more answers
On January 22, Jefferson County Rocks Inc., a marble contractor, issued for cash 210,000 shares of $30 par common stock at $34,
adoni [48]

Answer:

Jan. 22

Dr Cash $7,140,000

Cr Common Stock $6,300,000

Cr Paid in capital in excess of par $840,000

Feb. 27

Dr Cash $180,000

Cr Preferred Stock $135,000

Cr Paid-In Capital in Excess of Par-Preferred $45,000

Explanation:

Preparation of the entries for January 22 and February 27.

Jan. 22

Dr Cash $7,140,000

(210,000*$34)

Cr Common Stock $6,300,000

(210,000*$30)

Cr Paid in capital in excess of par $840,000

($7,140,000-$6,300,000)

Feb. 27

Dr Cash $180,000

(15,000*$12)

Cr Preferred Stock $135,000

(15,000*$9)

Cr Paid-In Capital in Excess of Par-Preferred $45,000

($180,000-$135,000)

7 0
3 years ago
Lawrence Company has cash in bank of $22,000, restricted cash in a separate account of $4,000, and a bank overdraft in an accoun
andre [41]

Answer:

$22,000

Explanation:

It is worth noting that for accounting purposes, restricted cash is one that is not readily available. Such inaccessible funds, therefore, cannot be reported in financial statements. A bank overdraft, on the other hand, is a liability. Lawrence should therefore report cash worth $ 22,000 only.

3 0
3 years ago
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