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Irina-Kira [14]
3 years ago
14

After September​ 11, 2001, the federal government increased military spending on wars in Iraq and Afghanistan. Is this increase

in spending considered fiscal​ policy?
Business
1 answer:
otez555 [7]3 years ago
4 0

Answer:

No

Explanation:

Although the Fiscal policy includes the detail of government revenue collection and its spending and military budget is allocated in the budget as part of the policy, however after the incident of 9/11, the increase in military spending (including spending on wars in Iraq and Afghanistan) was designed to achieve homeland security objectives.

White House designated the Office of Homeland Security to oversee and coordinate a comprehensive national strategy to safeguard the country against terrorism and respond to any future attacks.

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The following is an estimated demand function:
Tanzania [10]

Answer:

The predicted value of sales is $75,037,500.

Explanation:

Given:

Q = 875 + 6XA + 15Y - 5P ……………………..(1)

Where:

Q = quantity sold = ?

XA = Advertising = $100,000

Y = Income = $10,000

P = Price = $100

Substituting the values into equation (1), we have:

Q = 875 + (6 * 100,000) + (15 * 10,000) - (5 * 100)

Q = 750,375

Therefore, we have:

Predicted value of sales = Q * P = 750,375 * $100 = $75,037,500

Therefore, the predicted value of sales is $75,037,500.

3 0
3 years ago
An office building and its equipment are insured to $7,100,000. The present annual insurance premium is $0.85 per $100 of covera
andrew11 [14]

Answer:

a) 14.74%.

b) 13 years

Explanation:

a. Find the rate of return if the sprinkler system is installed.

P = -$18,000 - $360(P/A,i,20) + ($0.45)($7,100)(P/A,i,20)

= (P/A,i,20)=18000/2835 = 6.35

= \frac{(1+i)^{20} -1  }{i(1+i)^{20}} = 6.35

Solving for i we get,

i =14.74%.

b. With interest at 12%, find the payout period for the sprinkler system.

P = -$18,000 - $360(P/A,12%,n) + ($0.45)($7,100)(P/A,12%,n)

(P/A,12%,n) = 18000/2835 = 6.35

= \frac{(1+0.12)^{n} -1 }{0.12(1+0.12)^n} = 6.35

Using numerical solving to find the real roots of this equation (using a calculator, or Excel), we get n≅12.67 = 13 years. This means the payout period is about 13 years.

7 0
3 years ago
Differentiate between generic and enterprise competition
Valentin [98]

Answer:

Generic competition is competition among different products that solve the same purpose while enterprise competition is am orderly established business with limited liability of another person. The main difference between the two is that generic is rivalry among similar businesses while enterprise is the company itself.

6 0
4 years ago
Describe the three objectives that guide pricing strategies. Which of these objectives is associated with a (1) skimming pricing
Rashid [163]

Answer:

The answer is below

Explanation:

The three objectives that guide pricing strategies for business owners are:

1. Ensuring the product is accepted

2. maintaining market share as the competition grows

3. Reaping profits.

Among these three objectives, the one that is associated with a

1. slSkimming pricing policy is "Reaping Profits." This is because skimming pricing policy is means of charging higher prices on the commodities at an early stage, and then reduce the prices later in the production life.

2) Penetration policy is "Ensuring the product is accepted." This is because Penetration policy is a means of charging lower prices on the commodities at the early stage of production, and then increase the prices later in the production life.

3 0
3 years ago
Zoe Corporation has the following information for the month of March:
Gnesinka [82]

Answer:

(a) a schedule of cost of goods manufactured

Purchases                                    $ 92,000

Materials inventory, March 1       $ 6,000

Materials inventory, March 31     ($ 8,000)

Material Consumed                     $ 90,000

Direct labor                                  $ 25,000

Factory overhead                        $ 37,000

Work in process, March 1            $ 22,000

Work in process, March 31          ($ 23,500)

COGM                                           $ 150,500

(b) an income statement for the month

Sales                                                      $ 257,000

COGS

COGM               $ 150,500

FG opening       $  21,000

FG closing         ($  30,000)

Total                                                       ($ 141,500)

Gross profit                                            $ 115,500

Sales and administrative expenses     ($ 79,000)

Net profit                                                $ 36,500

7 0
3 years ago
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