Government fiscal policy measures would lower tax rates and expand the money supply.
<h3>What is the economy?</h3>
- An economy is a region where products and services are produced, distributed, traded, and consumed.
- It is generally understood to be a social domain that emphasizes the behaviors, discourses, and tangible manifestations connected to the creation, utilization, and management of finite resources.
- One's culture, values, education, technological advancement, history, social organization, political structure, legal system, and natural resources are all major determinants of an economy's processes.
- These elements determine the parameters and conditions under which an economy operates in addition to providing background and content.
- In other words, the economic realm is a social domain made up of connected human behaviors and exchanges that cannot exist independently.
<h3>What do you mean by the government?</h3>
- An organized community is governed by a system or group of individuals, typically a state.
- Government often consists of the legislative, executive, and judicial branches in the case of its broad associative definition.
- Government is a tool for making policy decisions as well as a way to enforce organizational policies.
- A declaration of the government's guiding principles and philosophy is the equivalent of a form of constitution in many nations.
Learn more about the economy here:
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Answer:
a.$0
Explanation:
Adjusted basis is the cost of a property and other related costs incurred in acquiring, maintaining, or upgrading the property.
Fair value represent the worth of a property. It is the amount that one should expect to fetch from the market if they were to sell the property.
The fair value or the worth for Mateo's rental house is $200,000. He obtains another rental house with a fair value of $180,000 and cash $20,000.
He exchanged property worth $200,000 for $200,000
Answer:
False, you would want them to align.
Explanation:
Answer: Step by step explanation of the consolidated balance sheet is given in the attached document.
Explanation:
Consolidated Balance Sheet
A consolidated balance sheet presents the assets and liabilities of a parent company and all its subsidiaries on a single document, with no distinctions on which items belong to which companies. If your company has $1 million in assets and it purchases subsidiaries with assets of $400,000 and $300,000, respectively, then your consolidated balance sheet will show $1.7 million in assets, and the sheet will commingle those assets. For example, in the asset section, accounts receivable will list the total amount of receivables held by all three companies.
When to Consolidate
A company must issue consolidated financial statements whenever it owns a controlling stake in another business – that is, whenever it owns more than 50 percent of that business. If the parent company owns 100 percent of the subsidiary, this is pretty straightforward. Complications arise, however, if the parent company owns a controlling stake with less than 100 percent ownership. Part of the subsidiary belongs to someone else, and that must be reflected on the balance sheet.
