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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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After a tax is imposed on the buyers of bottled water, the price buyers pay is $2.50 per bottle and the price sellers receive is
Dafna11 [192]

Answer:

Tax per unit = $0.75

Explanation:

Given:

Buyers pay per unit = $2.50

Sellers receive per unit = $1.75

Equilibrium price = $2.00

Tax per unit = ?

Computation of tax per unit:

Tax per unit = Margin between Buyers pay and Sellers receive.

Tax per unit = Buyers pay per unit - Sellers receive per unit

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Tax per unit = $0.75

8 0
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An opinion polling firm based in Austin, TX wants to allow its phone survey specialists to use company laptops and networks to c
Yuki888 [10]

<u>Answer: </u>

The strategy that they should use should be that of negotiation.

<u>Explanation: </u>

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7 0
4 years ago
Pro Corp., a U.S.-based MNC, uses purchasing power parity to forecast the value of the Thai baht (THB), which has a current exch
aleksklad [387]

Answer:

Option "B" is the correct answer to the following statement.

Explanation:

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Computation:

After 1 year  rate of 1 Baht in Dollar

The price in US = 1 × (1+0.03) = $1.03

The price in Thailand = 1 × (1+0.10) = 1.10 baht

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4 0
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The government provides ______
Harrizon [31]
Unemployment insurance
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Universal Containers has two sales groups. Each group has its own unique sales process. What is the best way to ensure that sale
Gre4nikov [31]

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The use of a proper CRM.

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A customer management system is an Information technology tool or software that enables companies to properly manage track and monitor their interactions and relationship with clients or potential customers.

Referring back to the question asked, the best answer to the question is to categories or segment the customer management system into teams and generate a unique assess code such that only the team working on a particular potential customer can access and monitor the status of interaction between a sales person and a customer within the same sales team.

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