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Ronch [10]
4 years ago
7

Suppose the economy had been producing at potential output but is now experiencing a recession. Which of the following are discr

etionary fiscal policies that could bring the economy closer to potential output? Check all that apply. A reduction in spending on education A tax increase Additional spending on national park facilities A tax cut
Business
1 answer:
NNADVOKAT [17]4 years ago
5 0

Answer:

Options one and two are correct.

Explanation:

Discretionary fiscal policies are understood as how the government spends its taxes and how this behavior can change to shrink or expand the economy. In the question, it is necessary to shrink the economy due to the recession: additional spending and tax cut are not reliable options because the government needs money and these two options reduce the incomes. On the other hand A and B do the opposite by generating more incomes (tax increase) and by not spending as much as before (reduction in spending on education).

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Suppose that the market for candy canes operates under conditions of perfect competition, that it is initially in long-run equil
Monica [59]

Answer:

The answer is: $0.15

Explanation:

In a perfectly competitive industry, the price of a good or service is always equal to the marginal revenue for the suppliers. In this case, the price for candy canes is $0.10.

If the price of candy canes' inputs increases by $0.05, then the new price of candy canes will be $0.15 ($0.10 + $0.05).

4 0
3 years ago
Goods made to order are typical of ________ and ________ approaches while goods made to forecast are typical of ________ and ___
liberstina [14]

Answer:

D. Repetitive, product product, process; repetitive, mass customisation.

Explanation:

The goods based on order will have it's qualities speficied and this may equally varies for each ofl the orders though they may go through the same process. Goods produce based on market forcast will be produce enmass based on the forcasted needs of the Consumers, while repeating the same process.

3 0
3 years ago
Machinery purchased for $69,000 by Vaughn Co. in 2016 was originally estimated to have a life of 8 years with a salvage value of
Sliva [168]

Answer:

Prepare the entry to correct the prior years' depreciation, if necessary.

any change in depreciation expense must be done for future events, past events cannot be adjusted

Depreciation expense 2021:

carrying value December 2020 = $69,000 - {[($69,000 - $4,600) / 8] x 5} = $69,000 - $40,250 = $28,750

depreciation expense per year (including 2021) = ($28,750 - $5,175) / 5 = $4,715

3 0
3 years ago
Moses Moonrocks Inc. has developed a balanced scorecard with a measure map that suggests that the number of erroneous shipments
Usimov [2.4K]

Answer:

6

Explanation:

The computation of the shipping errors in the case of break even is given below;

But before that the net operating income is

Sales $230,000

Less: Cost of goods sold 150,000

Less: Depreciation expense 30,000

Less: Other expenses 20,000

Net operating income $30,000

Now the shipping errors is

= $30,000 ÷ ($3,000 + $2,000)

= 6

7 0
3 years ago
Why is it important to conduct market research on your target audience before building your marketing plan?
Margaret [11]
If you target who you are after and you will know how to reach them easier. You'll also be more focused plus more effective in your marketing strategies and be able to get a greater return on marketing investments.
3 0
3 years ago
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