Answer:
Increase
fall
Explanation:
A recession occurs when the gross domestic product of a country for two consecutive quarters is negative.
Annually balanced budget is a budget where at the end of every year, revenue must equal expenditure.
If in a recession, a government is under pressure to maintain a balanced budget, the government would need to increase taxes. this is because income would be less than government expenditure as a result of the recession. In order to maintain a balanced budget, the government can either increases taxes are reduce expenditure.
When taxes are increased, disposable income falls and this causes aggregate demand to fall
Answer:
• It could prevent a will from going into probate
•It avoids confusion if the primary beneficiary on dies first
•It allows for another option if the primary beneficiary cannot inherit it
Explanation:
A Secondary beneficiary otherwise known as contingent beneficiary is a person or an entity who has been named in a Will, insurance policy or trust to inherit assets therein should the main or primary beneficiary dies before the grantor.
Secondary beneficiary is important because should the primary beneficiary dies first, he is entitled to the benefits therein inorder to avoid confusion as to who should inherit the deceased's assets. It is also important because it provides other option where the primary beneficiary is not able to inherit the will i.e not found at the time of grantor's death or disclaim inheritance in the will, the secondary beneficiary inherits same and also prevent the will from going into probate i.e allowing it to pass through the court process which is oftentimes time consuming .
Answer:
False
Explanation:
An excise tax is tax levied on some specific goods. It is an indirect tax because it is not levied on customers.
Excise tax would increase the cost of supplying alcohol. This would reduce the supply of tax. A decrease in the supply of tax would increase the price of alcohol
Answer:
C) high need for achievement
Explanation:
McClelland's Theory of Needs states that all individuals have three basic motivators:
- Achievement: you need to establish and accomplish challenging goals, you like to take calculated risks, like to work alone, although you occasionally enjoy when others recognize your achievements.
- Affiliation: you need to belong to a group, and you need them to like you.
- Power: you need to control and influence other people, you like to win arguments, and you enjoy competing and receiving the status of a winner.
It looks tricky but its actually simple. Bank statement shows
balance is $1054.13 while Bess check register shows $869.96. For us to know the amount of the
check that was not approved is to get the difference of the bank statement and
Bess check register. $1054.13 minus 869.96 is $184.17. Therefore, the answer is
letter B.
