1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Veseljchak [2.6K]
3 years ago
6

(30 Points) Give some examples of how government spending benefits people.

Business
2 answers:
salantis [7]3 years ago
6 0

Government expenditures enter the economy through the compensation of public employees, purchases of goods and services from the private sector, and through transfer payments to individuals for social security, welfare, and other needs. These expenditures benefit industries, communities, and individual citizen

ra1l [238]3 years ago
4 0

Answer:

Government spending could be used on public schools to help educaiton, thus influencing and supporting the benefits of the people.

You might be interested in
Electrodo Co. purchased land for $55,000 with $20,000 paid in cash and $35,000 in notes payable. What effect does this transacti
Archy [21]

Answer:

(c). Net increase in assets of $35,000 and a net increase in liabilities of $35,000

Explanation:

Accrual basis of accounting attempts to record transactions as and when they arise and not on the basis of  when money is actually received or paid. Once a liability is certain, such a liability is provided for immediately.

The journal entry for purchase of Land partly by cash and partly for issuing a notes payable would be:

Land                                                  Dr. $55,000

     To Cash                                                          $20,000

     To Notes Payable                                           $35,000

(Being land purchased by payment of $20,000 in cash and a note being issued against the balance amount)

Land and cash are assets whereas Notes Payable is a liability.

So, the effect of the above transaction would be:

Net increase of $35,000 ( $ 55,000 - $ 20,000) as debit in fixed assets account increases their balance whereas cash being a real account, the rule being debit what comes in, credit what goes out. So credit in cash account would reduce the cash balance by $ 20,000.

Notes Payable account which is to be paid in future is a liability which shall increase the liabilities by $ 35,000.

So, the correct answer is (c), Net increase in assets of $35,000 and a net increase in liabilities of $35,000.  

5 0
3 years ago
Which type of flowchart scheduling technique has a fixed duration of production activities? In which type of flowchart are they
Tems11 [23]

Answer:

i don't thing i understand the question.

Explanation:

3 0
3 years ago
PLEASE ANSWER<br> If The Fed reduces interest rates will banks make more loans or fewer loans?
dybincka [34]
More loans because with lower interest rates the people pulling out the loans will have to pay the bank less money for bigger loans.
7 0
4 years ago
Taxes on goods with __________ demand curves will tend to raise more tax revenue for the government than taxes on goods with ___
san4es73 [151]

Answer:

Inelastic; elastic

Explanation:

Goods with inelastic demand curves tend to raise more government revenue compared to goods with the elastic demand curve. An increase in price does not affect the demand of inelastic goods and it remains the same, that is why, governments usually increase the prices of goods that have inelastic demand curve, for example, petrol and toll tax, etc.

7 0
3 years ago
Contribution margin per unit and break-even units LO P2 SBD Phone Company sells its waterproof phone case for $90 per unit. Fixe
anastassius [24]

Answer:

Instructions are below.

Explanation:

Giving the following information:

Selling price= $90

Unitary variable cost= $36

Fixed costs= $135,000

First, we need to calculate the contribution margin per unit.

Contribution margin= selling price - unitary variable cost

Contribution margin= 90 - 36= $54

To calculate the break-even point in units, we need to use the following formula:

Break-even point in units= fixed costs/ contribution margin per unit

Break-even point in units= 135,000 / 54

Break-even point in units= 2,500 units

8 0
3 years ago
Other questions:
  • Worldwide​ Wholesalers, Inc. has decided that instead of having its employees manage its raw materials​ inventory, it will pay i
    10·1 answer
  • An example of ________ is that a person may reject an investment when it is posed in terms of risk surrounding potential gains,
    15·1 answer
  • Staci invested $950 five years ago. Her investment paid 7.2 percent interest compounded monthly. Staci's twin sister Shelli inve
    10·1 answer
  • Which of the following situations would be considered cyclical unemployment? Choose one or more: A. A typewriter repair shop clo
    8·1 answer
  • After a tax is imposed on the market for bottled water, the price buyers pay is $2.50 per bottle and the price sellers receive i
    8·1 answer
  • Tighter regulations regarding vaccine production and the resultant lower costs and risks of development of vaccines have contrib
    7·2 answers
  • In a comparative market analysis, the subject property has 2 bedrooms, 2 baths, a 1/2 acre lot and a swimming pool. A $115,000 c
    7·1 answer
  • Are unemployment taxes based on wages of an employers payment history?
    10·1 answer
  • You want to invest $50,000 in a portfolio with a beta of no more than 1.4 and an expected return of 12.4%. Bay Corp. has a beta
    5·1 answer
  • True or false: stakeholders are individuals or companies that legally own a portion of the company and are not influenced by the
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!