Answer:
The correct options are "A, C, and D".
Explanation:
- GAAP becomes regarded as a relatively 'rules-based' management framework, seems to be the accounting technique used throughout the United States
- IFRS becomes quite 'principles-based', although this would be the accounting framework used in more than 110 countries throughout the globe.
- These allow the same approach being used for international and domestic section reporting, which generate reconciliation issues.
Small business is difficult in the economy because its self made
A price ceiling is when a government decides what the maximum price for a certain commodity or a product can be. It can be put to good use if the people are poor and cannot purchase a necessary product such as flour or water or similar. Then the government can help them procure it with a price ceiling.
Answer:
C+$64
Explanation:
The GDP measures the market value of all good and services produced in an economy (country or region) in a specific period of time. It is calculated by this formula:
GDP= Consumption (C)+ Investment (I)+ Government expenditure ()+ Net exports (exports-imports)
A lump-sum tax at all levels of GDP means that no matter what GDP value is, the tax will be the same amount. If the tax is collected by the government then the GDP will increase because the government expenditure is income ( most of them are taxes) minus expenses ( public investment in education, health, etc)
GDP= C+$34+$30+0
After tax, the equilibrium level of GDP will be C+$64
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