All categories

3 years ago

What did president hoover do to devise strategies for improving the economy?

1 answer:

7 0

The above answer is definitely correct in its details. I'd just like to emphasize a couple of important ideas about Hoover's response.

<span>He tried to do more to fix the economy than any president had ever done before. The government had been very hands-off up to that point.He believed the government should not go in debt no matter what. This limited what he was willing to do. Please note that economists back then agreed with this idea so it's not like Hoover was just being mean. In fact, FDR believed the same thing and it's often said that he undermined the New Deal by trying to balance the budget too soon.</span>

So, overall what I want to point out is that Hoover did more than anyone else, and he did what most economists of the time would have said was the right thing to do. But it didn't work and so he's seen as one of the worst presidents ever, which seems a bit unfair.

You might be interested in

Cavern Company's output for the current period results in a $5,250 unfavorable direct material price variance. The actual price

lisov135 [29]

Answer:

3,500 pounds

Explanation:

By applying the below formula we get:

AQ(AP-SP)

USD 5,250 (unfavorable price variance )

USD 5,250/(AP - SP) = AQ

So,

USD 5,250/(USD 56.50 - USD 55.00)

= 3,500

4 0

2 years ago

While visiting a client to deliver their 2019 tax documents, one of the owners approaches you and states: "The IRS says my trave

serious [3.7K]

Answer:

Commuting refers to travelling from your home to your workplace. It generally refers to the distance that people generally travel to get to their office or any type of workplace.

While business travel refers to not only leaving your house to go to work, but actually going somewhere else to perform your regular business activities, e.g. going form one state to another to close a sale. In order for business travel to be effectively recognized as such, it must be necessary for your business activity and it should last more than one ordinary workday.

In this case, your client continuously leaves his house and goes form one state to another performing his normal business activities. This perfectly fits the IRS's definition of business travel.

Initially, you can try to solve this issue with IRS Office of Appeals (since you are right), but if that doesn't work, then you can go to Tax Court.

6 0

3 years ago

Juan would like to give his

Nitella [24]

Answer:

7%+18=10,000

Explanation:

I think that's how it goes u just need to solve it

3 0

2 years ago

How do variable costs per unit behave?(a) they decrease as production increases(b) they decrease as production decreases(c) they

cricket20 [7]

Answer:

The correct answer is option c.

Explanation:

Variable cost is the cost incurred on the variable factors. In the production process, to increase output more variable inputs are hired. So, the total variable cost will increase with an increase in production.

But the variable cost per unit is the variable cost incurred on a single unit of output. This will remain the same throughout the process and change only if there is a change in input prices.

8 0

3 years ago

Using the letters above and the format below, indicate the balance sheet category in which an entity typically would place each

Alekssandra [29.7K]

Answer:

The balance sheet category in which an entity typically would place each of the following items:

1. _Non-Current Assets_ Long-term receivables

2. _(Non-Current Assets)__ Accumulated amortization

3. __Current Liabilities__ Current maturities of long-term debt

4. Page 192_Current Liabilities_ Notes payable (short term)

Explanation:

A company's balance sheet has three main categories: assets, liabilities, and owners' equity. The assets are usually classified as Current Assets or Non-Current (long-term) Assets. On the other side of a balance sheet, there are the Liabilities and Owners' Equity. The Liabilities are classified into Current Liabilities and Non-Current Liabilities. Usually, the Owners' Equity is made up of Owners' Capital and Retained Earnings.

8 0

2 years ago