Answer:
<em>There is a direct relation of the productivity, economic growth, and future standards of living with the investment in factories, machinery, new technology, and the health, education, and training of people.</em>
Explanation:
- <u><em>Relation with the investment in factories, machinery, new technology </em></u>
If there is larger investment in factories, machinery and new technology (fixed assets investing) then there will be more production which will require more labour. With more production, there will be more consumption thereby. The profits of the enterprises will increase and hence more taxes will be paid to the government, labour income in the economy will rise and hence there will be more consumption thereby. More taxes to the government will imply more public spending by the government.
So, saying all of that <em>productivity, economic growth, and future standards of living </em>will be in a much better place with the increase in fixed assets investing and vice-versa.
2. <u><em>Relation with the investment in health, education, and training of</em></u><em> </em><u><em>people</em></u>
With the increased investment in health, education and training, people would be able to work more and better. Thereby, implying <em>higher incomes and productivity leading to more economic growth and ultimately better future standards of living.</em>
Answer:
$25,800 increase
Explanation:
The computation of the adjusted retained earning balance is shown below:
Ending inventory was overstated - no change
Add: Depreciation expense was overstated $24,100
Add: Ending inventory was understated $6,500
Less: Depreciation expense was understated ($4,800)
Adjusted retained earning balance $25,800
The 1040 form is used to collect federal tax
Answer:
The best choice for the United States would be a system in which everyone is covered by insurance, where a public robust option exists, but where there are also private options that can become spcialized in less essential care like comestic plastic surgery, or cosmetic dental care.
For this system to work better and to reduce the high spending in healthcare as percentage of GDP, many managerial jobs in the insurance industry should be cut, and only those that are essential should be kept.
The private options should be kept under a more rigid oversight so that they do not overcharge their users for services or prescription drugs.
Finally, the public option should be robust, insurance every person who cannot afford private insurance, and the government should make sure that it is well-funded.
The account that’s compounded continuously is the better investment long-term because you accrue interest on top of interest on a daily basis which grows exponentially.
