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3 years ago

When budgeting for your immediate needs, you should divide them into what two categories of expenses

Business

2 answers:

tino4ka555 [31]3 years ago

7 0

Answer:

discretionary and fixed expenses.

Explanation:

The primary expenses of any organization are broken down into fixed and discretionary. Fixed expenses refer to commitments established in the legislation: individual rights (social security, social assistance, unemployment insurance, etc.) constitutional minimum, bonds and salaries of civil servants, for example. Discretionary expenses are those over which the organization has some degree of decision, such as flow control expenses, for example.

In summary, when planning your immediate needs, you should divide them into two categories of expenses: discretionary and fixed expenses.

Usimov [2.4K]3 years ago

5 0

Fixed expenses and flexible expenses or Discretionary expenses

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B. The response of private saving to changes in the government budget deficit

C. The elasticity of investment with respect to the interest rate

Explanation:

1. It is difficult to implement both of these policies at the same time because reducing taxes on private spending has the effect of Increasing the government budget deficit.

A Government budget deficit is acquired when the government spends more than it earns. The Government earns money from taxes and if it spends more than it receives in taxes, that will lead to a deficit. If taxes on Private spending are reduced, this will lead to less tax revenue for the government thereby increasing the Deficit.

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The elasticity of private saving with respect to the after-tax real interest rate refers to how much private saving changes in reaction to a change in the tax rates. This can enable one decide how much investment will be expected if the Government reduces or increases taxes.

The response of private saving to changes in the government budget deficit is also a useful factor to look at because private savings reduce when government deficits reduce.

Also how much does investment change by due to interest rates. This will be important to note in terms of Private Investment to see if it will be beneficial to use it over reducing the government budget deficit given a certain interest rate.

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3 years ago

Preparing a Schedule of Cash Collections on Accounts Receivable Kailua and Company is a legal services firm. All sales of legal

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Answer:

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