Answer:
c. automatic fiscal policy
Explanation:
Automatic fiscal policy are policies triggered automatically due to the state of the economy which causes either government spending or taxes to increase or decrease.
For example, if the economy is undergoing a downturn and real GDP falls, the amount paid as taxes would fall.
If the economy is booming and the real GDP rises, the amount paid as taxes would rise.
These are examples of automatic fiscal policies.
Discretionary fiscal policy is when the government purposely increases or reduces either its spending or taxes in response to the economic conditions.
I hope my answer helps you.
Answer:
=E7*C2/2
Explanation:
The interest expense will be the carrying value of the bond times the effective interest rate.
On cell C8 we have the interest expense
On E7 we have the carrying value which is the outstanding balance.
Then, on C2 we got the effective rate
As this is an annual formula, we must divide by two to convert to semiannual rate.
A file is attached for how the excel sheet looks like
The main environmental benefit of the photovoltaic systems is that its supplies clean and efficient energy while its environmental cost is tye need for space for placing the solar panels.
<h3>What is a photovoltaic system?</h3>
This refers to composition of solar panels with an inverter that use energy from the Sun to generate electricity.
The stand-alone photovoltaic system is the most efficient for need for homeowners as they generate the power for themselves.
In conclusion, the government could promote the use of photovoltaic power systems for homeowners in the future by making a sensitization of the benefit of clean energy.
Read more about photovoltaic system
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The <u>consumer service sector</u> dominates the market. The consumer service sector is all services that are geared toward customers and not businesses/governments. Examples are law firms, hospitals, accounting groups, cleaning services, etc. There are literally millions of possibilities, but any business that provides a service to the general public would be an example.
Answer:
80,000
Explanation:
Cost data of the month of May was taken from Terrence manufacturing company
The manufacturing cost incurred during the month can be calculated as follows
= wages of production workers + raw materials + materials handling + factory rent + factory insurance + depreciation of factory equipment
= 28,000 + 47,000 + 1,500 + 2,000 + 500 + 1,000
= 80,000
Hence the manufacturing cost incurred during the month is 80,000
