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3 years ago

One thing that policy makers often overlook is:

Business

1 answer:

Nikolay [14]3 years ago

8 0

Answer:How fiscal policies unintentionally affects individual incentives to work safe and spend.

Explanation:

The unintentional effects of fiscal policies on individual incentives to work safe and spend is very critical to the economy and the people standards of living but it's rather difficult to measure,follow up, or gather the data because it's seen as individual issues and the people do not come together to seek redress on it from policy makers and this has led to it's been overlooked by policy makers.

Fiscal policies effect on economy conditions is easily noticable and it's effect felt so this is not overlooked by policy makers, the price level conditions is also measurable so this is not overlooked by policy makers,

Economic output and how voters reacts to tax increase are not overlooked by policy makers as regards fiscal policies because all this are swiftly reacted to by the populace and negative effects are resented.

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Please select the word from the list that best fits the definition

Sedaia [141]

The answer is pie graph

6 0

3 years ago

Account Title Debit Credit

NemiM [27]

Answer:

Wilson Trucking Company’s classified balance sheet as of December 31, 2017.

ASSETS

Non - Current Assets

Trucks 200,000

Accumulated depreciation—Trucks (36,256 ) 163,744

Land 43,000

Total Non - Current Assets 206,744

Current Assets

Office supplies 6,160

Accounts receivable 15,500

Cash 7,800

Total Current Assets 29,460

Total Assets 236,204

EQUITY AND LIABILITIES

Equity

K. Wilson, Capital 171,525

K. Wilson, Withdrawals (45,000)

Net Income 22,292

Total Equity 148,817

Liabilities

Non - Current Liabilities

Long-term notes payable 40,000

Total Non - Current Liabilities 40,000

Current Liabilities

Accounts payable 10,100

Interest payable 20,000

Total Current Liabilities 30,100

Total Equity and Liabilities 218,917

Explanation:

The Net Income for the year needs to be determined. This is included under the Equity section of the Balance Sheet.

Calculation of Net Income/(Loss) for the year

$ $

Trucking fees earned 121,000

Less Expenses :

Depreciation expense —Trucks 23,385

Salaries expense 56,046

Office supplies expense 9,000

Repairs expense— Trucks 10,277 (98,708)

Net Income / (loss) 22,292

6 0

4 years ago

Suppose Darnell and Eleanor are playing a game in which both must simultaneously choose the action Left or Right. The payoff mat

nalin [4]

Answer: a) Eleanor picks Left as Dominant strategy

b) Both pick LEFT at Nash Equilibrium.

Explanation:

The Dominant strategy is that strategy that once embarked on, gives the highest benefit irrespective of what the other player does.

The Dominant strategy therefore is for ELEANOR to pick LEFT. Should Eleanor pick left, they stand a chance to gain 5 if Darnel picks Left as well and 3 if Darnel picks Right. This is better than picking Right because there Eleanor has a chance of a Payoff of 2.

The Nash Equilibrium of a game is the point where both players are at their best alternative meaning that it is beneficial to both of them to remain where they are.

With Eleanor always picking Left, it would be beneficial for Darnel to pick Left as well and make a Payoff of 6 which is the highest they can make with Eleanor picking Left.

The Nash equilibrium in this game is as follows: DARNEL chooses LEFT and ELEANOR chooses LEFT.

7 0

3 years ago

Some economists believe that permanently lower marginal income tax rates __________ the incentive to work and thus shift the ___

gtnhenbr [62]

Answer:

The answer is "increase; LRAS curve to the right".

Explanation:

The curve LRAS represents the flow between all the level of wages and economic GDP supplied because all prices are fully flexible, also with nominal salaries; its cost may change all along LRAS, however, the output cannot, as it represents the complete output of workers, that's why the several economists say that lower marginal rate consistently increases the motivation to work, shifting the LRAS curve to the left.

6 0

3 years ago

Harmonization of accounting standards:_______. A. Is the same as convergence of accounting standards.B. Always ensure resulting

astraxan [27]

Answer:

A. Is the same as convergence of accounting standards

Explanation:

Harmonization of accounting standards mean the process of increasing the compatibility of accounting practices by setting bounds for the degree of variations.

The notion of harmonization can be replaced by the concept of convergence.

Harmonization of international accounting standards is an imposition of standards by economically superior countries.

4 0

3 years ago