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2 years ago

PLEASE ANSWER!!!!!!

1 answer:

7 0

Companies that provide electricity normally provide that and nothing more, so your answer would be D!

Have a nice day! :)

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During the Reagan administration, the Laffer curve was used to argue that: a. lower income tax rates could increase tax revenues

solniwko [45]

Answer:

A) lower income tax rates could increase tax revenues.

Explanation:

The laffer curve is a theoretical model which argues that there a tax rate that theoretically produces the most revenue for the government. Said tax rate is between 0% and 100%.

President Reagan used this model to argue that a lower tax rate would actually increase government revenue. The logic behind this claim was that lower tax rates increases both public and private saving, which in turn increases investment, resulting in more economic growth, and more taxable income.

The validity of these claims is dispute and is subject to debate among economists.

6 0

3 years ago

A decrease in the interest rate due to an increase in the supply of loanable funds is referred to as the __________ effect.

lubasha [3.4K]

It's called a inflamtion, when basict when the economy gets really strong ,we have a hard time keeping up with demand and need to make the economy more weaker to balance things out

5 0

3 years ago

Gundy Company expects to produce 1,304,400 units of Product XX in 2020. Monthly production is expected to range from 87,000 to 1

Inessa05 [86]

Answer:

Gundy Company

Manufacturing Flexible Budget Report

For the Month Ended March 31, 2020

Budget Actual

Units produced 107,000 107,000

Variable Costs:

Direct Materials $428,000 $455,000 $27,000 U

($4 * 107,000)

Direct labor $749,000 $746,000 $3,000 F

($7 * 107,000)

Overhead $963,000 $971,000 $8,000 U

($9 ×* 107,000)

Total variable costs $2,140,000 $2,172,000 $32,000 U

Fixed Costs:

Depreciation $434,800 $434,800 $0

Supervision $108,700 $108,700 $0

Total fixed costs $543,500 $543,500 $0

Total costs $2,683,500 $2,715,500 $32,000 U

Workings:

Depreciation = (1,304,400 * $4) / 12 = $5,217,600 / 12 = $434,800

Supervision = (1,304,400 * $1) / 12 = $1,304,400 / 12 = $108,700

3 0

2 years ago

Which of the following is deductible as interest on Schedule A? a.Interest on a loan for a 90-foot yacht (a qualified residence)

vodomira [7]

Answer:

Correct option is A.

<u>Interest on a loan for a 90-foot yacht (a qualified residence) with a kitchen, 3 baths and 5 bedrooms</u>

Explanation:

Assesses are permitted a conclusion for unmistakable intrigue paid or collected during the expense year. Sum and sort of derivation is reliant intentionally for which cash is obtained. Enthusiasm on credit for lease, business and eminence exercises is deducted for balanced gross pay. Enthusiasm on credit if there should be an occurrence of individual utilise like speculation intrigue, qualified home intrigue, contract intrigue prepayment punishments, intrigue identified with aloof action. Enthusiasm on credit used for buying resources producing charge excluded salary isn't deductible.

Following interest is not deductible as an itemised deduction:

1. Credit investigation fees

2. Service charges

3. Premium on convertible bonds

4. Interest paid to carry single premium life insurance

5 0

3 years ago

In the event of death, this insurance covers the entrepreneur's business and helps family face the financial challenges.

allsm [11]

Answer:

Life

Explanation:

Life insurance is a contract where the insurance company undertakes to pay the amount stated in the policy document upon the insured's death. The insured, in turn, pays periodic insurance premiums to keep the contract in force.

Life insurance renders financial protection to the family and the insured upon their death. For an entrepreneur, the insurance company will compensate their family for the loss of income occasioned by their death.

8 0

2 years ago