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alexandr402 [8]
2 years ago
15

Under which type of policy does the government reduce its expenditures and increase tax rates? A. contractionary monetary policy

B. contractionary fiscal policy C. expansionary fiscal policy D. expansionary monetary policy
Business
1 answer:
zloy xaker [14]2 years ago
4 0

Answer:

B. contractionary fiscal policy

Explanation:

The government influences economic direction through fiscal policy measures of increasing or decreasing its expenditure and taxation. Therefore, fiscal policies involve the government's actions of adjusting its spending and taxation to achieve desired economic objectives.

Fiscal policies can either be contractionary or expansionary. Contractionary measures are applied to control rising inflation and moderate the rate of growth. These policies aim at reducing liquidity in the market, thereby achieving stable prices. A reduction in government spending and an increase in taxation reduces liquidity or money circulation.

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The IRS has the authority to assess a monetary penalty to who
asambeis [7]

the IRS has the authority to impose penalties on tax professionals.

The IRS is the Internal Revenue Service unit for the United States, which is in charge of collecting federal taxes in the United States and overseeing the Internal Revenue Code, the principal section of federal statutory tax legislation.

It is a division of the Treasury Department and is run by the Commissioner of Internal Revenue, who is picked by the US President for a five-year term. Among the responsibilities of the IRS are helping taxpayers with their taxes, pursuing and resolving cases of incorrect or fraudulent tax files, and managing a number of benefit programs, including the Affordable Care Act.

To know more about IRS :
brainly.com/question/28298661

#SPJ1

5 0
1 year ago
Nicky makes $25,000 a year as a sales clerk. He then decides to quit his job to enter a MBA program full-time (assume Nicky does
Mrac [35]

Answer:

40,000

Explanation:

There is no alternative

So the correct answer for this question is 40,000

Total cost= explicit cost + implicit cost=15,000+25,000=$40,000

1: 15,000+25,00 =

2: Answer found

Answer: 40,000

<em><u>Hope this helps.</u></em>

5 0
3 years ago
An asset has had an arithmetic return of 10.3 percent and a geometric return of 8.3 percent over the last 90 years. What return
Art [367]

Answer:

Blume's formula combines the geometric and arithmetic means of an asset to be able to predict its returns in a given period.

The formula is;

<em>= Geometric Mean*(T-1)/(N-1) + Arithmatic Mean *(N-T)/(N-1) </em>

Where;

T = Period in question

N = Total period

10 years

= 8.3%*(10-1)/(90-1) + 10.3%*(90-10)/(90-1)

= 10.1 %

25 years

= 8.3%*(25-1)/(90-1) + 10.3%*(90-25)/(90-1)

= 9.76%

30 years

= 8.3%*(30-1)/(90-1) + 10.3%*(90-30)/(90-1)

= 9.65%

4 0
3 years ago
As a company manager for Claimstat corporation, there is a 0.40 probability that you will be promoted this year. There is a 0.72
kipiarov [429]

Answer:

(1) If you get a promotion, what is the probability that you will also get a raise?

25% or 0.25

(2) Are getting a raise and being promoted independent events? Explain using probabilities.

yes, they are independent events because you a given one probability for getting a raise (40%) and another one for getting both a raise and a promotion (25%). If they were dependent events, the probability would be the same but they are not.

(3) Are these two events mutually exclusive? Explain using probabilities.

No they are not, again the probability of getting both a raise and a promotion is 25%.  

3 0
2 years ago
Which skills does Joseph demonstrate in this example? Joseph works as a school superintendent. He has realized that technologica
weeeeeb [17]
He’s a good researcher, reader, hard worker.
7 0
3 years ago
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