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Kryger [21]
3 years ago
14

In order to counter the current recession, Congress increases welfare and unemployment transfers. What is the short-run impact o

f the government's actions on price level and output
Business
1 answer:
Veseljchak [2.6K]3 years ago
4 0

Answer: Price level decreases and output increases in short- run aggregate.

Explanation:        

Short-run aggregate can be defined as the decrease in the price level. It affects the production costs and also include the taxes in the product cost. The price of subsides, price of labor or wages and price of raw materials remain unaffected by this. Output also increases in this. So in case of short run impact of the recession the output increases and prices of goods and services decreases.

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Novak Corp. provides security services. Selected transactions for Novak Corp. are presented below. Oct. 1 Issued common stock in
enot [183]

Answer:

The attached shows the journal entries in respect of Novark Corp. transactions for the month of October.

Every transaction has two impacts-debit and credit

Explanation:

Journal is a book of prime entry where transactions that cannot be posted to other books of original entry are treated.

Journal entry also observes the duality concept of accounting where each transaction in two accounts,for every debit,there is corresponding credit and vice versa.

Journal can also  be used to correct errors made while posting to books of account.

Download xlsx
7 0
4 years ago
Thornton, inc., had taxable income of $127,682 for the year. The company's marginal tax rate was 34% and its average tax rate wa
enot [183]

Answer:

Are you sure you copied the options correctly?

When you do the math, $127,682 x 0.237 = $30,261

the closest option is d. $30,471.

average tax rate = $30,471 / $127,682 = 23.86%,

Explanation:

the company's total tax liability = total taxable income x average tax rate

total amount of taxes paid = $127,682 x 23.7% = $30,260.63 ≈ $30,261

The formula used to calculate average tax rate = total taxes paid / total taxable revenue. To determine total taxes paid you just need to adjust this formula.

5 0
3 years ago
Akila loves to think about how the physical world works. she believes there are advanced civilizations on other planets. accordi
Roman55 [17]
<span>Akila loves to think about how the physical world works. she believes there are advanced civilizations on other planets. according to john holland's six categories of people, she is most likely in the realistic category. The answer to the missing blank is realistic.</span>
8 0
3 years ago
Describe at least three exchange rate factors that are likely to attract foreign investors to a country's currency. Explain why
lana66690 [7]

Answer: 1. High Interest

2. Low Government Debt

3. Political Stability

Explanation:

Foreign Investors are Investors and investors always like to invest where there are prospects of growth and profit.

High Interest Rates give them the opportunity to invest their money in a currency that will give them a great return because a country where there are high interest rates imparts this on its currency which causes it to rise in value thereby giving currency holders a capital gain.

Another factor is Government Debt. A country with high Government debt will typically be unable to raise funds through the bond market easily. This shortage of funds can lead to inflation which devalues currency causing foreign currency investors to flee.

Finally there is the Political Factor (other factors exist). A stable country politically stands a better chance of maintaining a higher value currency that one with lower political stability. This is because political Stability attracts investors and as more investments come into a country, this reflects in its currency by making it stronger which will attract foreign currency investors.

6 0
4 years ago
Carly is a manager at a business. When she has a job opening, she regularly does Internet searches on the applicants to see if t
LiRa [457]

Answer: Legal but unethical

             

Explanation: The course of actions that Carly takes are clearly legal but could not be considered ethical.

She is doing her research from the information that is publicly available on the accounts of applicants. Also she did not try to interfere with the personal details. Hence her work is legal.

However judging someone for a job on the basis of their social media accounts should not be considered ethical as the details provided are still their personal life details and should not be considered for judging them as professionals.

6 0
4 years ago
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