Answer:
B) decrease taxes to increase consumer disposable income.
Explanation:
Recession can be defined as a period of economic meltdown, in which there's a general decline in all economic activities such as trade.
Fiscal policy in economics refers to the use of government expenditures (spending) and revenues (taxation) in order to influence macroeconomic conditions such as Aggregate Demand (AD), inflation, and employment within a country. Fiscal policy is in relation to the Keynesian macroeconomic theory by John Maynard Keynes.
A fiscal policy affects combined demand through changes in government policies, spending and taxation which eventually impacts employment and standard of living plus consumer spending and investment.
Furthermore, if during a severe recession, Congress passes legislation to cut taxes, this would be an example of an expansionary fiscal policy.
According to the Keynesian theory, government spending or expenditures should be increased and taxes should be lowered when faced with a recession, in order to create employment and boost the buying power of consumers
Hence, to combat a recession with discretionary fiscal policy, Congress and the president should decrease taxes to increase consumer disposable income.
Answer:
(1) They should consider effective/strategic planning
(2) The cost implications
(3) The Nature,quantity and kind of job of which the recruitment is aimed.
(4) Organisational Objectives
Explanation: For effective recruitment,staffing,talent management management must consider the following;
(1) Effective and strategic planning In this case management will need to prepare for the entire process by listing/itemizing all that is required,duration etc
(2) The cost for implications is another basic components required as it will determine where an organisation can effectively handle the entire process.
(3) The Nature, Volume of work and kind of work to be done is another requirement that must be considered before embarking on recruitment, staffing and talent management.
(4) The objectives of the organisation determines what calibre of person to recruit or staff.
Answer:
<em><u>Performance </u></em><em><u>of </u></em><em><u>the </u></em><em><u>product</u></em>
<em>The </em><em>user </em><em>of </em><em>the </em><em>perspective</em><em> of</em><em> </em><em>quality</em><em> </em><em>judge</em><em> </em><em>a </em><em>product</em><em> </em><em>based </em><em>on </em><em>how </em><em>well </em><em>the </em><em>product</em><em> </em><em>performs </em><em>it's </em><em>intended </em><em>function</em><em>.</em><em> </em>
Answer:
The maximum business interest deduction that George will be eligible to claim this year is $522,000
Explanation:
For computing the maximum business interest deduction, first, we have to compute the adjusted taxable income. So, the computation of adjusted taxable income is shown below:
= Allocable taxable income + business interest + depreciation amount
= $1,250,000 + $240,000 + $250,000
= $1,740,000
Now the business interest deduction is 30% of adjusted taxable income
So, the maximum business interest deduction would be
= Adjusted taxable income × deduction rate
= $1,740,000 × 30%
= $522,000