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Advocard [28]
3 years ago
9

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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Mallory needs to inform her staff that their insurance benefits are changing. as she prepares her strategy for presenting the in
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The answer would be a written memo. On the off chance that the client is a partner, the arrangement is normally considerably more adaptable. At its most fundamental level, an update can be a manually written note to one's chief. In business, an update is ordinarily utilized by firms for inner correspondence, rather than letters which are regularly for outside correspondence.
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3 years ago
STATE THE TOP TEN MOST GORGEOUS RUSSIAN ACTRESSES.
Dafna1 [17]

Answer:

1: Maria Sharapova

2:Zoya Berber

3:Anfisa Chekhov's

4:Ekaterina Klimova

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3 years ago
Profit Inc., a manufacturing firm, has purchased raw materials worth $10,000 on credit from its vendors. The business plans to s
andrezito [222]

Profit Inc., a manufacturing firm, has purchased raw materials worth $10,000 on credit from its vendors. The business plans to settle the vendor’s full payment after two months. Under "current liabilities"section of balance sheet this account will be recorded as "account payable".

Answer: Option (B) is correct

<u>Explanation:</u>

Raw material purchased on credit from a vendor is a liability and it is shown under current liabilities in "accounts payable". Since raw material purchased on credit and payment is to be made after two months.

Payment due gives rise to liability. Now current liability is a company's short term obligations that are to be paid back within a year. Here the firm will have to make payment within two months to the vendor.

8 0
3 years ago
Read 2 more answers
Which of the following are residents of rich countries likely to have in greater quantities, or better quality, than residents o
icang [17]

Answer:

(D) All of the above

Explanation:

Residents of rich countries are likely to have housing, healthcare and life expectancy in bigger quantities and better quality than residents of poor countries

3 0
4 years ago
The potential benefits a person or business gives up when making an
natulia [17]

The potential benefits a person or business supplies when getting an

economic decision is called the opportunity cost.

<h3>What is an opportunity benefit in economics?</h3>

Opportunity cost is the decision that one takes in order to get something. The benefit is the decision that a person gives in personal or professional life.

If the outcome of the decision is in favor than the opportunity cost is in benefit and if the decision has consequences than the opportunity cost is in loss.

Thus, option C is correct.

For more details about Opportunity cost, click here:

brainly.com/question/20446148

#SPJ1

4 0
3 years ago
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