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3 years ago

There is a _______ relationship between real GDP and tax revenues, which partially explains deficit spending during a recession.

Business

1 answer:

chubhunter [2.5K]3 years ago

3 0

Answer: positive

Explanation:

The real gross domestic product refers to the value of the output in an economy which has been adjusted for price changes.

There's a positive relationship between the real GDP and tax revenues. This can be used to explain deficit spending during a recession. When there's recession, there'll be a reduction in the output and consumption in the economy. At this point, there'll be a reduction in GDP.

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Answer:

-2

Explanation:

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3 years ago

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blondinia [14]

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3 years ago

In your opinion, what are the forms of institutional advertising that are suitable for banks in Palestine with examples. Why??

kolezko [41]

Answer:

Institutional advertising for banks in Palestine should take into account the cultural sensibilities of the country.

As a muslim country, banks should take into account not only local Palestinian culture, but also general islamic culture when developing their advertising.

Palestine also has complex foreign relationships. Banks should also take this into account in order to create advertising that is effectively catered to the Palestinian people.

4 0

3 years ago

Rodarta Corporation applies manufacturing overhead to products on the basis of standard machine-hours. The company's predetermin

maksim [4K]

Answer:

$329 unfavorable

Explanation:

The fixed manufacturing overhead volume variance shows how much the actual production differs from the budgeted production.

Fixed manufacturing overhead volume variance is computed as;

= Actual output at budgeted rate - Budgeted fixed overhead

= (4,830 × $4.70) - ($4.70 × 4,900)

= $22,701 - $23030

= $329 unfavorable

Therefore, the overall fixed manufacturing volume variance for the month is $329 unfavorable

7 0

3 years ago

Heller Corporation has aged its accounts receivable and estimated uncollectible accounts as follows (in thousands). Age of Recei

MariettaO [177]

Answer:

$368

Explanation:

Bad debts also known as uncollectible expenses are the portion of the accounts receivable in accrual accounting that have to be written off as they are eventually not paid by the accounts receivable.

One of the ways of estimating bad debt is allowance method , which is expressing a bad expenses as a percentage of credit sales based on experience and past records.

Days past due balance % uncollectible

Current 11,000 1% 110

30-60 days 2,400 3% 72

61-90 days 1,700 6% 102

Over 90 days 840 10% 84

Total 368

Bad debt expenses to be recognized is $368

8 0

3 years ago