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
wlad13 [49]
3 years ago
14

The liquidity trap refers to the

Business
1 answer:
kipiarov [429]3 years ago
7 0

Answer:

The answer is d. possibility that interest rates drop so low that people willingly hold all the additions to the money supply, rather than use it to buy bonds

Explanation:

A liquidity trap is a situation in which interest rates are low and savings rates are high. It occurs when  monetary policy becomes ineffective because, despite zero/very low-interest rates, people want to hold cash rather than spend or buy illiquid assets

You might be interested in
Nathan and Diana are married and have three married children and seven minor grandchildren. For tax year 2020, what is the maxim
Luba_88 [7]

Answer:

Maximum amount that can be given to family (including the sons- and daughters-in-law) without using unified transfer tax credit is $390,000.

Explanation:

Given the data in the question;

Nathan and Diana are married and they have 3 married children, meaning Nathan and Diana also have 3 daughters/sons in law married to their children. In addition, they have 7 minor grand children.

Number of donees will be ⇒ 3 + 3 + 7 = 13

Now, we know that; The annual gift tax exclusion for 2019-2020 is $15,000 per donee or individual for every tax payer while that of married couple is $30,000.

Meaning Nathan and Diana can give $30,000as a gift to each of their family members without using any of their unified transfer tax credit.

Hence,

Maximum amount that can be given to family (including the sons- and daughters-in-law) without using unified transfer tax credit will be;

⇒ 13 × $30,000

= $390,000.

6 0
2 years ago
A $1 per unit tax levied on consumers of a good is equivalent to
Katen [24]

Based on accounting principles, a $1 per unit tax levied on consumers of a good is equivalent to "a $1 per unit tax levied on producers of the good."

This is based on the idea that the market reaches the exact equilibrium price irrespective of who is accountable for paying the money to the government.

In other words, when the government levies a tax on a good, producers are not exempted from the tax levy because that money will be recouped from the producers' sales or revenue.

Hence, in this case, it is concluded that tax on goods is inevitable to consumers and producers.

Learn more here: brainly.com/question/22680521

7 0
2 years ago
Which of the following would NOT be classified as a current asset on a classified balance sheet? 答案选项组 Intangible assets Short-t
Zinaida [17]

Answer:

Intangible assets

Explanation:

A classified balance sheet is a financial statement that classifies the components in the balance sheet into different groups. For example, assets are classified into current or non current asset

Current assets are all the assets that are either used by a company or sold in the course of the year of the company.

Current assets include

  • cash, cash equivalents
  • accounts receivable
  • stock inventory
  • marketable securities
  • pre-paid liabilities

Intangible assets are classified as  noncurrent (long-term) assets

5 0
2 years ago
Emma's property is assessed at $650,000. her property qualified for a $50,000 homestead tax exemption and was appraised at $800,
Rama09 [41]
Emma's taxable property value should be $600,000 since her taxes will be based on the assessment not the appraisal and also because she gets the $50,000 tax reduction so therefore to reiterate she will be taxed on only the $600,000.
6 0
3 years ago
If a journal entry and posting for the use of one month of rent from the prepaid rent account during the year is accidently omit
tensa zangetsu [6.8K]

Answer:

Expenses will be understated, hence, Net Income will be overstated.

Rent prepaid will be overstated, hence, current assets will be overstated.

Explanation:

Ordinarily, rent prepaid is meant to be credited every month to the tune of the the value that has been consumed and then added to period expenses to reduce net income.

In the statement of Financial Position, the same amount that has been consumed should be used to reduce balance in rent prepaid account, otherwise, current assets will be overstated if no adjustment is made.

4 0
3 years ago
Other questions:
  • (Ignore income taxes in this problem.) Blaine Corporation is considering replacing a technologically obsolete machine with a new
    10·1 answer
  • Jason, a high-school student, mows lawns for families in his neighborhood. the going rate is $12 for each lawn-mowing service. j
    8·1 answer
  • The demand for labor depends primarily on the additional output produced as a result of hiring an additional worker and A. the a
    7·1 answer
  • Bison Sporting Goods sells bicycles throughout the northeastern United States. The following data were taken from the most recen
    11·1 answer
  • Howard Weiss, Inc,. is considering building a sensitive new radiation scanning device. His managers believe that there is a prob
    7·1 answer
  • Which of the following items should be included in a company's inventory at the balance sheet date? A) Goods sold to a customer
    6·2 answers
  • Recently, Curtis Gibson had an interview for the position of a senior manager at a transit service. At the interview, the interv
    10·1 answer
  • According to Benjamin Lang what is the hardest thing about being an entrepreneur
    9·1 answer
  • one markeitng action that can be taken to sell a single product or service to muylpele market segments is to
    6·1 answer
  • Rosita purchased 300 shares of a stock for $37 a share. Today, the stock is selling for $41 a share. The initial margin requirem
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!