Answer:
The correct answer is option A.
Explanation:
In the time of recession expansionary policy is required to boost the economy. An expansionary fiscal policy such as a reduction in tax will be helpful. A tax cut will cause an increase in disposable income. This will cause aggregate demand to rise. Consequently, output and employment will increase.
Similarly, in times of inflation, a contractionary policy will be required to eliminate inflationary pressures. A decrease in government spending would lead to a decrease in aggregate demand. This will cause the price level to get reduced.
Thus an economist would recommend tax cuts in case of recession and reduction in government spending in case of inflation.
Answer: Sustainability
Explanation:
The sustainability is the term which refers to the process that meets the present requirement without any compromising the needs for the future generation. This process is known as the sustainability development. The three main pillar of the sustainability are as follows:
- Profits
- People
- Planet
According to the question, the given management philosophy is called as sustainability as it support the quality of the community, natural resources and also the environmental health.
Answer:
$132,000
Explanation:
The purchase price of the new machine is $109,000
Transportstion cost is $12,000
Installation cost is $5000
Special acquisition fee is $6000
Therefore the cost basis can be calculated as follows
= $109,000 + 12,000 $5,000+ $6000
= $132,000
Hence the cost basis is $132,000
Normally assets = liabilities + owner equity
What assets does the company have, i.e. cash on hand, equipment, accounts receivable?