Answer:
Economic growth can be caused by random fluctuations, seasonal fluctuations, changes in the business cycle, and long-term structural causes. Policy can influence the latter two.
Business cycles refer to the regular cyclical pattern of economic boom (expansions) and bust (recessions). Recessions are characterized by falling output and employment; at the opposite end of the spectrum is an “overheating” economy, characterized by unsustainably rapid economic growth and rising inflation. Capital investment spending is the most cyclical component of economic output, whereas consumption is one of the least cyclical. Government can temper booms and busts through the use of monetary and fiscal policy. Monetary policy refers to changes in overnight interest rates by the Federal Reserve. When the Fed wishes to stimulate economic activity, it reduces interest rates; to curb economic activity, it raises rates. Fiscal policy refers to changes in the federal budget deficit. An increasing deficit stimulates economic activity, whereas a decreasing deficit curbs it. By their nature, policy changes to influence the business cycle affect the economy only temporarily because booms and busts are transient. In recent decades, expansions have become longer and recessions shallower, perhaps because of improved stabilization policy, or perhaps because of good luck.
Answer:
Tax Income Expense 10,600,000
Tax income payable 10,302,500
deffered tax liability 297,500
Explanation:
pretax book income 10,600,000
reverse bad debt 172,500
additional dep -227,500
book asset sale gain -87,000
taxable asset sale gain 114,500
tax expemt insurance proceed -270,000
Taxable income 10,302,500
Answer :a obligation.
The word obligation means “to be bound to act in a certain way either morally or legally.”
Hence when one is in need of money to start a business, family members may lend the money because they are bound to help you in times of need.
Loans from family members are usually interest free.
However, if the loan is not repaid, relationships quickly turn sour.
Hence loans from family member must be treated with respect and care, in order to maintain relationships.
Options:
$1,000
$100,000
$30,000
$3,000
Answer:
The amount of depletion expense for 2012 would be =$30000.
Explanation:
Amount of depletion expense for 2012 = ($100000/1000 ton)*300 ton
= $30000
