The U.S. Government Rental Car Program is an excellent example of a very effective working relationship between government and industry to provide quality vehicles at reasonable prices for federal travelers on official travel. U.S. Government Rental Car Agreement Number 4<span> governs the rental of vehicles (passenger cars, sports utility vehicles, station wagons, passenger vans, and small pick-up trucks) by military members, employees of the Federal Government, and employees of the United States Postal Service while in official travel status and when such rental is authorized by the Government.
</span>
I hope my answer has come to your help. Thank you for posting your question here in Brainly. We hope to answer more of your questions and inquiries soon. Have a nice day ahead!
Answer:
$2420
Explanation:
From 2018, If itemized, total annual allowable limit for State and local taxes is capped at $10,000
Although as separate allowable property tax is ( 1510 + 910) = $2420
Development cost is not a property tax amount.
Therefore, deductible property taxes amount, lessor of follow:
(10000-5050) $ 4,950
or: $ 2,420
If Congress passed a tax increase at the request of the president to reduce the budget deficit, but the Fed held the money supply constant, then the two policies together would generally lead to lower income and a lower interest rate.
<h3>What is
budget deficit?</h3>
When ongoing expenses are higher than regular operating revenue, a budget deficit results. Budget deficits may result from specific unforeseen circumstances and initiatives. Tax increases and spending reductions are two ways that nations might deal with budget problems.
Inflation, or the ongoing rise in prices, is one of the main threats posed by a budget deficit. A budget deficit in the US may lead to the Federal Reserve releasing more money into the economy, which fuels inflation. Year after year, ongoing budget deficits may result in inflationary monetary policy.
The relationship between deficits and interest rates is more clearly demonstrated when the deficits are used to fund government spending than by tax reductions. If tax cut recipients save part of the money they receive from the tax cut, the impact of the tax cut on interest rates should be minimized.
To know more about budget deficits refer to: brainly.com/question/14181631
#SPJ4
