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Alexandra [31]
3 years ago
6

The growth rate of​ Zerbia, a small developing​ country, has fallen close to zero percent in the current year. Harry Miller and

Jonathan​ Taylor, who are columnists with a business​ daily, are discussing suitable fiscal measures to revive economic growth in the country. Jonathan feels that the income tax rates in Zerbia are too high. Lower income tax rates would increase consumer spending and so would promote economic growth.​ Harry, on the other​ hand, believes that an increase in government expenditure would have a substantial impact on the​ country's GDP.​ Additionally, he feels that investing in green technology would not only accelerate​ growth, it is also likely to be more sustainable in the long term. Which of the following can most reasonably be inferred from the information given​ above?
A. Private investment in green technology industries in Zerbia has been negligible.
B. Jonathan believes that the tax structure is not progressive enough.
C. Harry thinks that the value of the government purchases multiplier is high.
D. The economy of Zerbia is in a recession.
E. Increase in government investment in infrastructure is likely to result in a higher
budget deficit than the policy measure suggested by Jonathan.
Business
1 answer:
motikmotik3 years ago
7 0

Answer:

Option C                                                

Explanation:

Clearly placed, the right response is obvious through the sentence 'Harry assumes, on the another side, that any improvement in governmental expenditures will have a huge effect on GDP.' Comparison is made with the result with utilizing the economic management instrument, that is, budget expenditures and taxation.

Thus, from the above we can conclude that the correct option is C.

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A _______ is a prediction stated in a way that permits it to be tested.
DochEvi [55]
<span>A "hypothesis" is a prediction stated in a way that permits it to be tested.

Hypothesis refers to a particular statement of prediction. It depicts in concrete (instead of theoretical) terms what you expect will occur in your investigation. Not all examinations have hypotheses. Some of the time an investigation is intended to be exploratory. There is no formal hypothesis, and maybe the reason for the investigation is to investigate some territory all the more completely keeping in mind the end goal to build up some particular theory or forecast that can be tried in future research. A solitary report may have one or numerous hypotheses.
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5 0
3 years ago
Elsem Foods Inc. is a company that manufactures packaged food. It sells several varieties of packaged food such as chips, cupcak
valentina_108 [34]

Answer:

Orange juice, apple juice, cranberry juice, and lychee juice are all product items of Elsem Foods.

Explanation:

A product item is a specific type or variety of product that is different than other products that a company sells.

In this case orange, apple, cranberry and lychee juices are all product items which are part of the tropical fruit juices product line of Elsem Foods.

Elsem's product mix would include chips, cupcakes, candies, crackers, fruit juices, and carbonated drinks (all the product lines that Elsem sells).

5 0
3 years ago
After a business transaction has been analyzed and entered in a journal, the next step in the recording process is to transfer t
Jlenok [28]
After recording the transaction in journal you must record it on General Ledger.
3 0
3 years ago
Nike received a $300,000 prepayment from Cactus Jack for the sale of new equipment. Nike will bill Cactus Jack an additional $10
serious [3.7K]

Answer:

E. None of these answer choices are correct.

Explanation:

Upon receipt of the advance payment from Cactus Jack, Nike should debit its Cash Account and credit Deferred Revenue by $300,000.  When the equipment is delivered to Jack and the additional $100,000 is received, the Deferred Revenue account is debited with $300,000 while the Sales Revenue is credited with $400,000 with additional debit to the Cash Account of $100,000.

5 0
2 years ago
The management of Penfold Corporation is considering the purchase of a machine that would cost $270,000, would last for 5 years,
Lorico [155]

Answer:

The correct answer is B.

Explanation:

Giving the following information:

Initial investment= $270,000

Cash flow= $60,000

Number of years= 5

Discount rate= 12%

<u>To calculate the net present value (NPV), we need to use the following formula:</u>

NPV= -Io + ∑[Cf/(1+i)^n]

∑[Cf/(1+i)^n]:

Cf1= 60,000/1.12= 53,571.43

Cf2= 60,000/1.12^2= 47,831.63

.....

Cf5= 60,000/1.12^5= 34,045.61

∑[Cf/(1+i)^n]= 216,286.57

<u>Now, the NPV:</u>

NPV= -270,000 + 216,286.57

NPV= -53,713.43

5 0
3 years ago
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