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olganol [36]
2 years ago
6

Cutting taxes

Business
2 answers:
gladu [14]2 years ago
8 0

Answer:

The answer is D) will raise disposable income and raise spending

Explanation:

When taxes are cut disposable income increases as there is less income used to pay taxes. If there is a higher amount of disposable income available then spending will increase as well as spending appetite.

Cutting taxes is a easy way to stimulate spending in an economy.

The correct answer is therefore D) will raise disposable income and raise spending.

Cutting taxes can also increase aggregate demand which can lead to higher economic growth as well.

nadya68 [22]2 years ago
7 0

Answer:

D) will raise disposable income and raise spending

Explanation:

Base on the scenario been described in the question, cutting the taxes will raise the income been depose and also increase the spending rate. This is so because by cutting the taxes, individual will have more money when the tax is been cut.

We can define A tax cut is a decrease in the rate of tax that is been charged by a government. The immediate effects of a tax cut are a government reduction in the real income and an raise in the real income of the people whose tax rates have been reduced.

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On November 1, Eli Co. received a $6,000, 60-day, 6% note from a customer as payment on his $6,000 account. Eli's journal entry
Anna007 [38]

Answer:

                                 Dr.          Cr.

Note Receivable   $6,000

Account Receivable            $6,000

Explanation:

Note is received against a payment of sale mad on credit. A new receivable will be built with the name of Note receivable, so this account will be debited.   To deduct the value from the account receivable we will credit the account receivable account due to its debit nature. Later on the interest will be accrued and added in this balance.

4 0
3 years ago
A firm has three different production facilities, all of which produce the same product.. While reviewing the firm's cost data,
Valentin [98]

<u>Joshua is right because fixed costs are unavoidable but marginal costs are not.</u>

<u>Explanation</u>:

Decision making plays an important role while considering the development of the organization. The officials in the company should act smartly in making decisions during crucial situation.

<u>Marginal cost </u>is the cost added to the total cost while producing additional units. <u>Fixed cost </u>is the cost of the product that does not change with the increase or decrease in the quantity of the products.

In the above scenario, Jasmine and Joshua were discussing about the cost of the products that are produced in their manufacturing plants. They were discussing about the marginal cost and fixed cost.

6 0
3 years ago
Luke Corporation issued at a premium of $5,000 a $100,000 bond issue convertible into 2,000 shares of common stock (par value $2
In-s [12.5K]

Answer:

Face Value of Bonds = $100000

Unamortized Premium = $2000

Conversion of Equity Shares = 2000 * $20 = $40,000

Paid in Capital in Excess of Par = $100000 + $2000 - $40000 = $62000

            Journal Entries

Account Title & Explanation     Debit     Credit

Bond Payable Account            $100000

Unamortized Premium             $2000

    Common Stock                                     $40000

    Paid in Capital in Excess of par           $62000

(To record conversion of Bonds)

8 0
3 years ago
A subset of e-commerce that uses social networks to assist in marketing and purchasing products is known as ________ commerce. S
sergij07 [2.7K]

A subset of e-commerce that uses social networks to assist in marketing and purchasing products is known as A. social commerce.

Explanation:

Social commerce is the subset of eCommerce wherein social media is used for assistance on products and costumer service. it also serves as a tool for marketing of products and assisting purchases.

Use of social media for online transactions is the insistent goal of the use of social commerce as it relies on social media for buying and marketing of the products to their potential consumer base which is able to find their product on the social media platforms only.

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An analysis of unemployment rates in sweden can be described as an application of:_________
shtirl [24]

An analysis of unemployment rates in sweden can be described as an application of: <u>macroeconomics</u>

<h3>What is unemployment rates?</h3>

Unemployment rate can be defined as the percentage of people that are unemployed or percentage of people searching for job.

On the other hand macroeconomics tend to focus on the economy of a country when it comes to inflation rate, unemployment rate, government spending, national output among others.

Macroeconomies is important based on the fact that it is centre  on how  a country economies performance and growth is at a particular or specific period of time.

Therefore  An analysis of unemployment rates in sweden can be described as an application of: <u>macroeconomics.</u>

Learn more about Unemployment rate here:brainly.com/question/13280244

#SPJ1

6 0
1 year ago
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