1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Maurinko [17]
3 years ago
8

Consider two policies: a tax cut that will last for only one year and a tax cut that is expected to be permanent. True or False:

A tax cut that will last for only one year will stimulate greater spending by consumers than a tax cut that is expected to be permanent. True False
Business
1 answer:
NeTakaya3 years ago
4 0

Answer: False

Explanation:

A short term tax cut will not affect spending as much as a permanent tax cut.

With a short term tax cut, people will know that they will have to go back to paying higher taxes in a short while and so will spend less so that they may be able to afford the higher taxes when they are reimplemented.

If a tax cut is long term however, consumers will spend more because they do not have to worry about having to afford to pay higher taxes after the year expires.

You might be interested in
What are five foundations of economics?
koban [17]

Answer:

incentives, trade-offs, opportunity cost, marginal thinking, and the principle that trade creates value.

Explanation:

8 0
3 years ago
Management is considering replacing its blending equipment. The annual costs of operating the old equipment are $250,000. The an
e-lub [12.9K]

Answer:

$250,000

Explanation:

Since the purchase cost of an old equipment is already incurred and it does not have any kind of impact in decision making so this cost would be considered as the sunk cost i.e. $250,000

The operating cost of old & new equipment would be relevant for calculating the annual cost savings and the current selling value of the old equipment would also be relevant as salvage value

Therefore $250,000 would be considered  

5 0
2 years ago
For a monopolistically competitive firm, at the profit-maximizing quantity of output,
elena-s [515]
The rest of it will be: price equals marginal cost. But this indeed is not true. The most accepted idea is that for a monopolistically competitive firm the average revenue and price are the same quantity. Now, when a monopolistically competitive firm is in long-run equilibrium, then the marginal revenue is equal to marginal cost. 
5 0
3 years ago
List one unprofessional and one unprofessional example for speech habits
MAVERICK [17]

Answer:

one example of unprofessional speech habit is slouching or fidgeting while talking to your audience and one professional example is making eye contact with your audience

Explanation:

8 0
2 years ago
Why is it important for a nail care provider to learn and understand the structure and function of the nails?
melomori [17]

Answer:

Learning to know and recognize the Anatomy of the Nail is very important, whether for those who work in the Nails sector and every day must take care (even if only Aesthetically) of the Nails of their Customers, and for those who are simply passionate to the topic or prefer to independently take care of their Hands and Feet!

Explanation:

3 0
3 years ago
Other questions:
  • Martinez, Inc. acquired a patent on January 1, 2017 for $41,800 cash. The patent was estimated to have a useful life of 10 years
    8·1 answer
  • Freddy is purchasing a new car, and he has decided that gas mileage, price, reliability, and styling are important to him. These
    7·1 answer
  • Jasper makes a $25,000, 90-day, 7% cash loan to clayborn co. the amount of interest that jasper will collect on the loan is:
    14·1 answer
  • Nevada Boot Co. reported net income of $217,400 for its year ended December 31, 2018. Purchases totaled $152,800. Accounts payab
    8·1 answer
  • A company needs to have 25,000 pounds of material trucked from plant A to plant C. It also needs to truck 30,000 pounds of anoth
    15·1 answer
  • What could have caused the aggregate demand curve to shift to the right from AD1 to AD2 an increase in exports an increase in im
    15·1 answer
  • Selected information from Jacklyn Hyde Corporation's accounting records and financial statements for 2021 is as follows ($ in mi
    5·1 answer
  • How to work out opening balance?​
    7·2 answers
  • Select the pairing that is correctly matched. A. Preferred stock: may be purchased by converting common stock shares into prefer
    15·1 answer
  • Gabriele Enterprises has bonds on the market making annual payments, with nine years to maturity, a par value of $1,000, and sel
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!