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n200080 [17]
3 years ago
11

The present government has initiated the tax reforms such as relaxation of taxes on relaxing a property sales tax, and removal o

f
voucher tax. Such fiscal policy action will cause which of the following to occur?

Select one:
a. the LM curve shifts right and the
economy move along the IS curve.
b. the LM curve shifts left and the
economy move along the IS curve.
c. the IS curve shifts right and the
economy moves along the LM curve
d. the IS curve shifts left and the
economy move along the LM curve.

= the IS curve shifts right and the
economy moves along the LM curve​
Business
1 answer:
DochEvi [55]3 years ago
5 0

Answer:

= the IS curve shifts right and the

economy moves along the LM curve

Explanation:

= the IS curve shifts right and the

economy moves along the LM curve= the IS curve shifts right and the

economy moves along the LM curve= the IS curve shifts right and the

economy moves along the LM curve

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Carrie is creating a personal balance sheet. The heading includes the period of time that the balance sheet represents.
k0ka [10]

Answer:

A- January 1, 2021

Explanation:

got it right on edge

7 0
2 years ago
We purchased a building with a market value of $150,000 for $125,000 cash. The seller paid $50,000 when they originally purchase
Aleksandr [31]

Answer:

$125,000

Explanation:

When records are made of a purchase we do not consider the original price the seller bought the item or the fair market value of the good.

We record the amount that was actually paid while purchasing the good.

In this scenario although the the fair market value of the building was $150,000 and the price the owner originally bought it was $50,000, the amount we will record for the purchase is what was paid. That is $125,000

6 0
3 years ago
John decides to take his annual Christmas bonus of $2,000 and invest it each year for the next five years, in stock he believes
vladimir1956 [14]

Answer:

FV= $11,733.20

Explanation:

Giving the following information:

Annual deposit= $2,000

Number of periods= 5 years

Interest rate= 8% = 0.08

<u>To calculate the future value, we need to use the following formula:</u>

FV= {A*[(1+i)^n-1]}/i

A= annual deposit

FV= {2,000*[(1.08^5) - 1]} / 0.08

FV= $11,733.20

5 0
3 years ago
On March 1, Retro Inc. reported a balance in Supplies onf $200. During March, the company purchased supplies for $950 and consum
-BARSIC- [3]

Answer:

stockholer's equity will be overstated by $800.

Explanation:

The adjustment required is to record $800 of supplies used as an expense, hence, by carrying out the adjustment, net income is overstated by $800 so also retained earnings and shareholders' equity.

In other words,the balance that would be left in supplies is opening balance of $200 plus purchase of supplies which is $950 minus the supplies used.

balance of supplies=$200+$950-$800=$350

Option B is wrong the balance expected is $350 and the balance without adjustment is $200,that is $150 understatement not $350

4 0
3 years ago
The charter of a corporation provides for the issuance of 100,000 shares of common stock. Assume that 60,000 shares were origina
ruslelena [56]

Answer:

55,000 shares

Explanation:

Given that

60000 shares were originally given

5000 were subsequently reacquired

Thus. Net number of shares issued

= number of shares originally issued - number subsequently reacquired

= 60000 - 5000

= 55,000

Number of outstanding shares therefore is 55,000.

NOTE that, outstanding shares refer to the number of shares that has been issued, purchase or authorized by investors, that is, the number of shares currently held by all is shareholders.

3 0
3 years ago
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