Answer:
Some of the fiscal solutions that Davidson mentions tweaking in a bid to cut government spending multiple subtle ways are as follows: 1. Raise social security retirement age
2. Reduce medicare for wealthy seniors
3. Raise medical healthcare contributions question
According to davidson, the republican and the democrat philosophies are two fundamentally different economic philosophies that impact the debt crisis faced by the united states. in his opinion, the republicans want a system in which the government’s only job should be to create an efficient society, whereas the democrats aim at making sure that everyone lives in an “equitable, fair society”. i think i would agree more with the democrat philosophy because equity and fairness to everyone is a key public value outcome in every society.question
The two fiscal issues that are hyper-partisan are as follows: i. military defense spending. ii. issues of taxes - the parties are so divided chiefly because they have extreme opposites points of view on several issues.- on the issues, i lean towards the democrat view. question
Towards the end of his talk, davidson says he fears that the longer we delay any solution, the more the world will look to the u.s. not as the bedrock of stability in the global economy, but as a place that can't resolve its own fights. he explains that the higher interest rates are going to be, the quicker we're going to have to face a day of horrible calamity.
Answer:
450,000 Units
Explanation:
The complete part of the question is as below:
Bodin Company budgets on an annual basis. The following beginning and ending inventory levels (in units) are planned for the year 20x1. Two units of raw material are required to produce each unit of finished product.
January 1 December 31
Raw material 35,000 45,000
Work in process 12,000 12,000
Finished goods 80,000 50,000
Solution:
Units to be manufactured to sell 480,000 Units = Sales + Closing Inventroy - Opening Inventory
= 480,000 + 50,000 - 80, 000 = 450, 000 Units
The number of units Bodin would have to manufacture is 450,000 Units
Answer:
Identification of Type of Account, etc.:
Letter Account
2. Sales & Services
6. Allowance to for Doubtful Accounts - 6. (Asset), Credit, Balance Sheet, No
1. Office Salaries Paid - Expense or Loss, Debit, Income Statement, Yes
Notes Payable
8. Cash - Asset, Debit, Balance Sheet, No
1. Sales Returns & Allowances - Expense or Loss, Debit, Income Statement, Yes
Explanation:
NB: Notes Payable are Liabilities, Credit, Balance Sheet, No.
The normal balance of Assets is debit. Assets are stated in the balance sheet and are not closed at the end of the period. The normal balance of Liabilities and Equity is credit. Liabilities and Equity are stated in the balance sheet and are not closed at the end of the period. The normal balance of Revenue or Gain is credit. Revenue or Gain is stated in the Income Statement and is closed at the end of the period. The normal balance of Expense or Loss is debit. Expense or loss is closed at the end of the period.
Answer:
Yes it is
Explanation:
Because Prediction of cause and effect is important for the good economic model. If the economic model observe the cause and effect relationship, then it can be helpful to anticipate from the similar situation in future. For example, recession is causes recession. If the economic model observe it, then it can be helpful to control recession if t occurs in future.
