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Drupady [299]
3 years ago
7

Identify at least one cost and one benefit of using fiscal policy as a tool to pursue the goal of economic growth. Short respons

e please
Business
2 answers:
sertanlavr [38]3 years ago
7 0

Answer: The cost is the increase in personal income tax rate, The benefit is the control of level of demand in the economy

Explanation:

Fiscal policy is the economic policy which has to do with the raising of revenue through taxation and other means and deciding on the level and pattern of expenditure. The fiscal policy is the responsibility of the executive branch of government handled by the ministry of finance. The fiscal policy can either be a expansionary fiscal policy or contractionary fiscal policy. It is expansionary when the expenditure is channelled towards the provision of capital projects aimed at increasing the level of liquidity in the economy. It can be a contractionary fiscal policy when the personal income tax rate is increased aimed at reducing the ability of people to buy more goods and services in the economy. Therefore, we can conclude the use of fiscal policy as a tool to pursue the goal of economic growth is to ensure that through the level and pattern of budgetary provisions and the means of financing the government can control the level of demand in the economy

scoray [572]3 years ago
4 0

Answer: the cost is the increase in personal income tax rate, The benefit is the control of level of demand in the economy

Explanation:

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b) State the minimum monthly income and hourly wage per worker needed to cover monthly expenses for the family you used in part
Marina86 [1]

Answer:

Minimum monthly income for a full-time employee= \$ 7,846.40

Minimum monthly income for a part-time employee= \$ 7,846.40

Per hour for a full-time employee=\$49.04

per hour for a part-time employee=\$98.08

Explanation:

To accurately answer this question, let's review the facts provided.

  • A family of two adults and three children in the Modesto metro region pays \$ 7,846 a month.
  • A full-time worker is someone who works 40 hours per week for 4 weeks each month.
  • A part-time worker is someone who works 40 hours a week for 2 weeks a month.

Consider calculating the worker's minimum monthly income as well as his or her average hourly compensation.  

Hourly wage of a full-time worker:

= \frac{Monthly\ costs}{160}=\frac{7,846}{160}=\$ 49.04

Minimum monthly income for a full-time worker: = Hourly\ wage \times 160=\$ 7,846.40

Hourly pay for a part-time worker:

=\frac{Monthly\ costs}{80}=\frac{7,846}{80}=\$98.08

Minimum monthly income for a part-time worker:= Hourly \ wage \times 80=\$ 7,846.40

6 0
3 years ago
Angela's car payment is due January 31. This bill is always paid automatically from her checking account. It is January 30 and A
OlgaM077 [116]
My best guess is B. Transfer money online from her savings account to her checking account. But not certain about my answer. :(

8 0
3 years ago
Right now, there are people all over the world who are just like you. They're either lonely, they're missing somebody, they're d
Aleks04 [339]

Answer:

why are you telling us this bro

Explanation:

3 0
3 years ago
Which of the following statements is true?
Rzqust [24]

Answer:

The correct answer is option c.

Explanation:

An oligopoly market is a form of imperfect competition where there are a few firms. These firms can produce identical or differentiated products. Because of a few firms in the market, there is a high degree of competition in the market.  

These firms are interdependent such that the economic decisions of a firm affect its rivals. So each firm has to consider the reaction of its rivals before making decisions.

The firms are price makers and face a downward-sloping demand curve.

6 0
3 years ago
Valorous Corporation will pay a dividend of $2.00 per share at this year's end (at t = 1) and a dividend of $2.50 per share at t
seraphim [82]

Answer:

The maximum price that should be paid for one share of this stock today is $46.86

Explanation:

Using the dividend discount model, we can calculate the price/fair value of the stock today. The DDM bases the price of the stock on the present value of the expected future inflows from the stock in the form of dividends and terminal value. The discount rate used to discount the cash flows is the cost of equity or required rate of return on stock.

The price of this stock at time zero (t=0) will be,

Prcie = 2 / (1+0.08)  +  2.5 / (1+0.08)^2  +  50 / (1+0.08)^2

Price = $46.86

8 0
3 years ago
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