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3 years ago

The consumption function will shift down if:

Business

1 answer:

andrezito [222]3 years ago

8 0

Answer:

The correct answer is option d.

Explanation:

The consumption function shows the relationship between income level and consumption. It includes autonomous consumption that does not depends on the income level, marginal propensity to consume, and income level.

The consumption function shifts because of a change in the expectations of the consumers. If consumers expect the minimum wage to decrease in future, the consumption function will shift downwards.

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Beswick company your team is allocated a project involving a major client, the beswick company. although the organization has ma

lianna [129]

Answer: A. low degree of substitutability.

Explanation:

Substitutability refers to the availability of alternative options to the variable in question. If something is said to be highly substitutable or to have a high degree of substitutability, then that means that it is easily replaceable because it has alternatives. The reverse holds true.

Therefore, Jamie can be said to have a low degree of substitutability because the client wants to deal with only him and if he is removed or unavailable, the company would not be able to deal with the client.

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3 years ago

Quantitative Problem: Jenna is a single taxpayer with no dependents so she qualifies for one personal exemption. During 2013, sh

Margaret [11]

Answer:

$26,898.25

Explanation:

Jenna'a taxable ordinary income = $126,000 - $6,100 (standard deduction) - $3,900 (personal exemption) = $116,000

ordinary income taxes = $17,891.25 + [($116,000 - $87,850) x 28%] = $25,773.25

capital gains taxes = $7,500 x 15% = $1,125

total tax liability = $25,773.25 + $1,125 = $26,898.25

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2 years ago

Bellswood Jewelers uses an ID card scanner and six-digit code to allow entry into their jewelry vault. The six-digit code is the

erastova [34]

Answer:

Violate Establishment of responsibility

Explanation:

Establishment of responsibility is an characteristic of control such as internal related methods,measures adopted within an organization to safeguard assets and enhance the reliability of accountability, increase efficiency of operations,etc and which is used for assigning of responsibility to an individuals i.e when only ONE person is responsible for a given task.

Bellswood Jewelers makes used of the principle of establishment of responsibility in it operations.

The salesperson who sees another salesperson’s ID card lying unattended in the break room, and then make uses of the card to enter the vault and steal jewelry worth $36,840 had violated the establishment of responsibility of Bellswood

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2 years ago

Sharon had some insider information about a corporate takeover. she unintentionally informed a friend, who immediately bought th

yawa3891 [41]

This is an example of insider trading, which is using private company data or information to make improper gains.

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2 years ago

anson Corporation Co.'s trial balance included the following account balances at December 31, 2018: Accounts receivable $12,000

VashaNatasha [74]

Answer:

Current Assets = $85,000

Explanation:

Anson Corporation

Balance Sheet (Partial)

As at December 31, 2018

Assets

Current Assets:

Accounts receivable $12,000

Inventories 40,000

Treasury Bill 30,000

<u>Prepaid insurance 3,000</u>

Total current assets $85,000

Prepaid insurance $6,000/2 = $3,000 is for current years. Therefore, $3,000 is a current assets. Since treasury bill is an investment and for 3 months, it is a current assets.

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3 years ago