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Naddika [18.5K]
3 years ago
11

Which of the following statements best explains why the red bar goes up when the blue goes up?

Business
1 answer:
vesna_86 [32]3 years ago
8 0

<u>Answer: </u>Higher spending than taxing results in a deficit, which contributes to more debt.

<u>Explanation:</u>

Here the red bar is referred to the debt and the blue bar is referred to the spending. When the government spending is more it decreases the government revenue and creates a deficit in the funds. When there is deficit it means the government borrows funds for spending which increases the debts.

Government spending to improve the status of the economy in the country. It Invests is various activities for growth and development purpose. Only on collecting high taxes the revenue of the government will increase. When taxes collected are low the government revenue is also low.

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Smidt Corporation has provided the following data for its two most recent years of operation: The unit product cost under absorp
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Answer:

The solution to this issue can be defined as follows:  

Explanation:

Please find the complete question in the attachment file.  

Direct Substances 9  

Direct jobs 5  

Overhead output variable 5  

Overhead of fixed production 14 = \frac{140000}{10000}

The Unit cost of the item at absorption cost per year 1 = (9+5+5+14)=33

6 0
3 years ago
b. If foreigners spend $7 billion on U.S. exports in a given year and Americans spend $5 billion on imports from abroad in the s
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Answer:

$2 billion

Explanation:

Foreigners spend $7 billion on U.S net exports

Americans spend $5 billion on imports

Therefore the value of U.S net exports can be calculated as follows

= $7 billion-$5billion

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Hence the value of U.S net exports is $2 billion

7 0
3 years ago
Which of the following statements about the graph are true? Select all that apply.
MrMuchimi

Answer:

Explanation:

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What is say's law in economics
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Answer:

Say's law in economics is the ability to purchase something depends on the ability to produce and thereby generate income.

6 0
3 years ago
Arturo Company pays $4,000,000 cash and issues 20,000 shares of its $2 par value common stock (fair value of $50 per share) for
serious [3.7K]

Answer:

As follows:

Explanation:

For acquisition of Westmont Company.

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Land dr. 990,000

Buildings dr. 2,000,000

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Services Expense dr 42,000

Cash cr 42,000

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7 0
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