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Tpy6a [65]
3 years ago
11

If Congress imposes a $5 tax on each ATM transaction, the demand for money will likely: Group of answer choices increase. decrea

se. be unaffected. fluctuate randomly.
Business
1 answer:
Alinara [238K]3 years ago
7 0

Answer:

The answer is increase.

Explanation:

If Congress imposes a $5 tax on each ATM transaction, the demand for money will likely increase.

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Assume that demand for bottled water is relatively price elastic. An increase in supply of bottled water will result in which of
DENIUS [597]

Answer:

3 then 1

Explanation:

Supply is said to be increased when the quantity supplied expands but the price and quantity demanded remains unchanged. As quantity supplied has increased whereas the quantity demanded is what it was before this change, there is first a surplus of bottled water in the market. This surplus will have a downward pressure on price, reducing the quantity supplied a bit and, as the law of demand suggests ,the quantity demanded will increase. Given that the demand is relatively price elastic, the change in quantity demanded will be greater than the change in price. Therefore the revenue will increase.

3 0
3 years ago
Angie owns numerous strip malls. A major tenant of one of the strip malls wanted to cancel its lease because it was moving to an
Vlad [161]

Answer:

1. To determine whether she is in the business of being a person who LEASE out property as well as what will be her TAX BASIS for the lease.

2. Ordinary income of $60,000

Explanation:

1. Based on the information given the factors that she should consider in order to determine the amount as well as the character of her income from these circumstances is to determine whether she is in the business of being a person who LEASE out property as well as what will be her TAX BASIS for the lease.

b. Based on the information given we were told that the tenant paid her the amount of $60,000 in order to cancel its obligations under the lease which means that the amount and character of her income from the cancelled lease will be ORDINARY INCOME of the amount of $60,000 which we were told the tenant paid her in order to cancel its obligations under the lease.

7 0
3 years ago
(Last Word) According to Yale University's Environmental Performance Index (EPI), A) growth in GDP per person initially improves
tatiyna

Answer:

B) countries with higher GDP per person tend to have healthier environments.

Explanation:

According to the 2020 Environmental Performance Index (EPI) elaborated by Yale and Columbia universities, a strong positive correlation exists between high GDP per capita and healthier environments. There are a few exceptions to this correlation, in Asian (especially Arab) countries where GDP per capita might be high, but the vast majority of income is received by a vary small number of people. But in the rest of the world, a high GDP per capita generally results in healthier environments.

7 0
3 years ago
The business practice of hiring workers in another country is known as
gulaghasi [49]
It's known as Outsourcing

a lot of companies in the United States outsource their jobs to the workers in outside country since they can get a same result with lower price. ( usually the companies only outsource the lower and menial jobs such as data entry or handling costumer service)

Currently The most outsourced countries in the world came from India and those in south east Asia
5 0
4 years ago
Read 2 more answers
Part B: Application of Job Order Costing Scanlon Company has a job-order costing system and applies manufacturing overhead cost
stiks02 [169]

Answer:

a) Predetermine overhead rate = 1710000/95000 = 18 per machine hour

Applied overhead = 18*75000 = 1350000

Under applied overhead = 1687500-1350000 = 337500

b) Cost of godos sold allocated amount of under applied overhead if fully allocated on cost of goods sold = 337500

Cost of goods sold allocated amount of under applied overhead if allocated on appropriate accounts = 337500*759375/1350000 = 189843.75

Difference in net income = 337500-189843.75 = 147656.25

6 0
3 years ago
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