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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.

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What is the distinctive competency Toyota appears to be hoping to achieve by investing in Uber Technologies?
JulsSmile [24]

Answer:

b. Intellectual property

Explanation:

Toyota is investing in Uber a car hailing service company.

Uber has cutting edge technology that makes it stand out from other car hailing services.

Toyota wants to have a part of this technology in order to improve on their cars and make them stand the test of time with regards to customer satisfaction.

To do this Toyota invested $500 million in Uber and in exchange they have access to Uber's intellectual property.

4 0
3 years ago
8. When a loan is amortized, a relatively high percentage of the payment goes to reduce the outstanding principal in the early y
Ludmilka [50]

Answer:

False

Explanation:

Amortization an act of spreading a loan into a series of fixed payments over time. An amortized loan is a loan with scheduled periodic payments of both the principal and interest. It first pays off the relevant interest expense for the period, after which the remainder of the payment reduces the principal.

Payments are made in regular installments of constant amount that consists of both principal and interest.

Common examples of amortized loans include student loans, car loans and home mortgages.

3 0
3 years ago
Bolka Corporation, a merchandising company, reported the following results for October: Sales $ 413,000 Cost of goods sold (all
VMariaS [17]

Answer:

Option (d) is correct.

Explanation:

Given that,

Sales = $ 413,000

Cost of goods sold (all variable) = $ 169,100

Total variable selling expense = $ 20,700

Total fixed selling expense = $ 17,900

Total variable administrative expense = $ 13,100

Total fixed administrative expense = $ 30,400

Gross margin:

= Sales - Cost of goods sold

= $ 413,000 - $ 169,100

= $243,900

8 0
3 years ago
How much wood does a wood chuck chuck
sergij07 [2.7K]

Answer:

it chucks wood

Explanation:

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