Answer:
The answer to the question is option <em>"A," which states that the cost of the market basket equaled $160 in 1996</em>
Explanation:
<em>Currently, the reference base for most CPI indexes is 1982- 84=100 but some indexes have other references bases. The reference base years refer to the period in which the index is set to 100.0. In addition, expenditure weights are updated every two years to keep the CPI current with changing consumer preferences.</em>
Answer:
Options one and two are correct.
Explanation:
Discretionary fiscal policies are understood as how the government spends its taxes and how this behavior can change to shrink or expand the economy. In the question, it is necessary to shrink the economy due to the recession: additional spending and tax cut are not reliable options because the government needs money and these two options reduce the incomes. On the other hand A and B do the opposite by generating more incomes (tax increase) and by not spending as much as before (reduction in spending on education).
Answer: c. used to record an adjustment to Bad Debt Expense for the year ending December 31, 2018
Explanation:
Since the events occur after the balance sheet date, but before the balance sheet is issued, and gives more evidence about conditions that existed at the balance sheet date, then it should be used to record an adjustment to Bad Debt Expense for the year ending December 31, 2018
This is because an adjustment gives more information to the information already given in the balance sheet. Therefore, the correct option is C.
In Keynes's view, a short-term budget deficit due to government spending or tax cuts is "sometimes necessary to help stimulate the economy".
Keynesian economics which is also known as Keynesianism depicts the theories related to economics presented by John Maynard Keynes. Keynes said capitalism is a decent financial framework. In a capitalist framework, individuals procure cash from their work. Organizations utilize and pay individuals to work. At that point individuals can spend their cash on things they want.
Answer:
A
Explanation:
I'm pretty sure
Organization goals are the long term goals for their desired future and their future