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aksik [14]
3 years ago
8

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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Jerry is a 30 percent partner in the JJM Partnership when he sells his entire interest to Lucia for $82,750 cash. At the time of
Scrat [10]

Answer:

Jerry's gain on the sale= $28,500

Explanation:

When Jerry sells his interest in JJM to Lucia his basis ($54,250) is what he owes and will be taken out of the proceeds he will get for selling his interest in the company.

Therefore

Jerry's gain on the sale= Amount of sale- Jerry's basis

Jerry's gain on the sale= 82,750- 54,250

Jerry's gain on the sale= $28,500

6 0
3 years ago
Mezzinzi Bank offers loans to companies in the form of bonds. The companies who apply for these loans can repay the amount over
dmitriy555 [2]

Answer:

B) Long-term debt

Explanation:

Long term debts are loans that are due in more than 1 year, and generally bonds are due in several years.

  • Revolving credit agreements is a revolving line of credit where the client uses the funds only when they need it.
  • Commercial papers are short term promissory notes (due in less than 1 year).
  • Trade credit is usually handed out by a company's vendors where you receive merchandise and pay for it later (usually in a month or two).
3 0
3 years ago
Preparing a Sales Budget Patrick Inc. sells industrial solvents in 5-gallon drums. Patrick expects the following units to be sol
Bess [88]

Answer:

Patrick Inc.      

Sales Budget    

For the First Quarter    

January February March Total Quarter 1

Sale Units  41,000   38,000   50,000   129,000  

Average Selling Price per Unit $35.00  $35.00  $35.00  

Sales Value   $1,435,000   $1,330,000   $1,750,000   $4,515,000  

Explanation:

The Sales unit for each month is multiplied by its average sales price for e.g for January (41,000 units × by $35 = $ 1,435,000)

The Quarter totals (Units and sales Values in $) are added up to give the answer under the heading of Total Quarter 1.

The working is also attached with the answer.

Download xlsx
6 0
3 years ago
The efforts of Coach Anderson have made the Silver Hawks the best football team in Brooklyn. The team owners tell Coach Anderson
amid [387]

Answer:

D. Impact

Explanation:

Psychological empowerment is the process of building an individual's confidence by focusing on factors that enhances the confidence level and also removing factors that hinders that confidence level. It occurs when employees perceive some level of control over their work life. There are four dimensions of psychological empowerment. We have:

1. Meaning

2. Competence

3. Self-determination

4. Impact

According to Spreitzer, impact is when an individual employee belief they can influence the strategic, administrative and operating outcomes at work.

The coach efforts in making the team the best in Brooklyn influenced the owners.

5 0
3 years ago
Suppose that your state currently provides an income guarantee under TANF of $4,000/year and a benefit reduction rate of 50%. A
horsena [70]

Answer:

800 hours

Explanation:

The Temporary Assistance for Needy Families (TANF) is a federal welfare program established in 1996 which helps qualifying families with childcare assistance, professional training and work assistance. The federal government transfers money to the states and then each state sets is requirements for receiving TANF assistance.

Since the benefit reduction rate is 50% and the TANF amount is $4,000, the total yearly income must be less than $8,000 to receive TANF ($8,000 x 50% = $4,000). If the potential recipient can earn $10 per hour, then she should work less than 800 hours (= $8,000 / $10) in order to keep receiving TANF benefits.

8 0
3 years ago
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