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3 years ago

How will a decrease in personal income taxes and an increase in government spending affect consumer spending and employment

Business

1 answer:

liraira [26]3 years ago

5 0

Answer:

Consumer spending increases

Employment increases

Explanation:

If there is a decrease in personal income taxes, this will mean that consumers have more disposable income. This coupled with an increase in government spending will lead to more money being available for spending in an economy.

Consumer spending will therefore increase and in response, companies will have to produce more goods and services. They will need more labor to do so which will lead to a rise in employment rates.

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Production Budget Weightless Inc. produces a Bath and Gym version of its popular electronic scale. The anticipated unit sales fo

LUCKY_DIMON [66]

Answer:

Total units to be produced:

Bath Scale = 144,500

Gym Scale = 88,000

Explanation:

The following anticipated unit sales for the scales by sales region are given in the question:

Bath Scale Gym Scale

East Region unit sales 55,000 30,000

West Region unit sales 95,000 60,000

Total 150,000 90,000

The production budget can now be prepared as follows:

Weightless Inc.

Production Budget

For the Month Ending October 31

Units Bath Scale Units Gym Scale

Expected units to be sold 150,000 90,000

Desired inventory, October 31 12,500 8,000

Total 162,500 98,000

Estimated inventory, October 1 (18,000) (10,000)

Total units to be produced  144,500   88,000 

7 0

3 years ago

Don, a middle manager for a large restaurant chain, received an e-mail from the ceo outlining the new goal of decreasing company

fgiga [73]

The above statement is true.

The CEO outlining the new goal of decreasing company costs over the next three years is an example of a strategic goal.

Strategic goals are planned objectives of the that an organization strives to achieve. These goals are set after studying the previous performance of the organization, the market trend, etc. They must be achievable.

3 0

3 years ago

Consumer credit: Multiple Choice is currently a privilege of the affluent. dates back to colonial times. currently carries no fi

Alex787 [66]

Consumer credit dates back to colonial times.

<h3>What is consumer credit?</h3>

Money that customers can borrow to pay for products or services is known as consumer credit. Customers who have access to credit can make purchases today and pay for them over time. Consumers can obtain credit from banks, financial organizations, and companies.

Consumer credit is governed by federal and state rules that shield borrowers from dishonest lending practices and stop companies from treating them differently based on non-financial considerations.

Examples of consumer credit are credit cards, education loans, mortgages, etc.

Consumer credit has been around since the colonial era when farmers used it frequently.

Learn more about consumer credit here:

brainly.com/question/17237024

#SPJ4

4 0

3 years ago

The reasons for using the variable-cost approach include all of the following except this approach provides the most defensible

Ber [7]

Answer:

The reasons for using the variable-cost approach include all of the following except

this approach provides the most defensible bases for justifying prices to all interested parties.

Explanation:

This is not part of the reasons for using the variable-cost approach. But options b, c, and d are certainly the reasons why the variable-cost approach is used. The variable-cost approach provides a differential analysis for decision-making. It assigns overhead costs to the period in which they are incurred, while other variable costs are assigned to the merchandise produced within that period. Thus, by excluding fixed manufacturing overhead cost, only the direct costs associated with production are used in accounting for the product's costs.

3 0

3 years ago

Bond valuation [LO14-2] Your investment department has researched possible investments in corporate debt securities. Among the a

Sonbull [250]

Answer:

Bond Valuation

Other things being equal, the bond issue that offers the most attractive investment opportunity if it can be purchased at the prices stated is:

= BB Corp. bonds.

Explanation:

a) Data and Calculations:

Maturity period = 20 years

Issue date = January 1, 2021

Maturity date = December 31, 2040

Company Bond Price Stated Rate Annual Interest FV

1. BB Corp. $ 107 million 15 % $15 million $3,518,371,301.23

2. DD Corp. $ 100 million 14 % $14 million 2,827,106,832.58

3. GG Corp. $ 93 million 13 % $13 million 2,260,756,079.53

From an online financial calculator, the future values of the bonds are:

N (# of periods) 20

I/Y (Interest per year) 15

PV (Present Value) 107000000

PMT (Periodic Payment) 15000000

Results

FV = $3,518,371,301.23

Sum of all periodic payments $300,000,000.00

Total Interest $3,111,371,301.2

N (# of periods) 20

I/Y (Interest per year) 14

PV (Present Value) 100000000

PMT (Periodic Payment) 14000000

Results

FV = $2,827,106,832.58

Sum of all periodic payments $280,000,000.00

Total Interest $2,447,106,832.58

N (# of periods) 20

I/Y (Interest per year) 13

PV (Present Value) 93000000

PMT (Periodic Payment) 13000000

Results

FV = $2,260,756,079.53

Sum of all periodic payments $260,000,000.00

Total Interest $1,907,756,079.53

8 0

3 years ago