An increase in government spending raises income (B) in the short run, but leaves it unchanged in the long run, while lowering investment.
<h3>
What is government spending?</h3>
- All government purchases, investments, and transfer payments are included in what is known as government spending or expenditure.
- Government final consumption spending is defined in national income accounting as the purchase by governments of goods and services for immediate consumption, to primarily meet the individual or collective needs of the community.
- Government investment is defined as the purchase of goods and services by the government with the intention of generating future benefits, such as infrastructure investment or research spending (government gross capital formation).
- Together, these two categories of government spending—on final consumption and gross capital formation—make up one of the primary parts of the GDP.
Therefore, an increase in government spending raises income (B) in the short run, but leaves it unchanged in the long run, while lowering investment.
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Three challenges associated with retail order takers are <u>repetitive tasks, minimal training and high turnover.</u>
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There are three different categories of order takers: internal order takers, delivery salespeople, and outside order takers.
An agreement between your business and a retailer is known as a retail order (wholesaler, kiosk, bookstore etc.). In exchange for payment of the purchase price, your publisher undertakes to provide the ordered quantity to the ship-to party.
An order taker in sales is a person who responds to client queries (also known as orders) but does not actively pursue strategies that would boost sales, such as identifying new prospects or upselling to current clients.
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Answer:
<h2>A. Avoid extra payroll expenses.</h2>
Explanation:
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Answer:
finding the best of three suggested routes to drive to a concert
Answer and Explanation:
As we know that the credit amount should be allowed a qualified deduction of 100% till $2,000 and the next 25% is $2,000
In the given situation, the credit amount would be
= $1,600 × 100%
= $1,600
As the AGI is $175,000 i.e. exceeded the prescribed amount i.e. $160,000 so it would be phased out till $180,000
So, after considering the phase out application limits, the credit is
= $1,600 × ($180,000 - $175,000) ÷ ($180,000 - $160,000)
= $400
So, the total credit is $400 out of which $160 is refundable and the remaining balance i.e. $240 would be non-refundable
