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Vitek1552 [10]
4 years ago
13

Suppose we have the following scenario:

Business
1 answer:
Marat540 [252]4 years ago
4 0

Answer:

b. $300 billion.

Explanation:

Data provided in the question

Multiplier = 1.7

Tax rate = 20%

Increase in spending = $300

Total deficit = $1 trillion

Based on the above information, the deficit that arises from the increase in spending should be $300 billion as it is financed by the government that results in budget deficit

Hence, the correct option is B. $300 billion

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. If instructors are going to work an average of hours per week for weeks for each ​-credit class of ​students,
marysya [2.9K]

Answer:

clear clarification please

6 0
3 years ago
If you invest $750 every six months at 8 percent compounded semi-annually, how much would you accumulate at the end of 10 years?
liq [111]

Answer:

FV= $22,333.56

Explanation:

Giving the following information:

Semi-annual investment= $750

Interest rate= 0.08/2= 0.04

Number of periods= 10*2= 20

<u>To calculate the future value, we need to use the following formula:</u>

FV= {A*[(1+i)^n-1]}/i

A= semi-annual deposit

FV= {750*[(1.04^20) - 1]} / 0.04

FV= $22,333.56

6 0
3 years ago
1. A major controversy that is yet to be resolved about the Medicare Prescription Drug, Improvement and Modernization Act of 200
qaws [65]

Answer:

C. What the program will ultimately cost the federal government

Explanation:

The Medicare Prescription Drug, Improvement, and Modernization Act of 2003 was an attempt to make improvements or amendments to the Social Security Act.  It radically changed the playing field for private plans participating in the Medicare program by substantially raising monthly payment rates in an effort to stabilize the market and reverse the decline in benefit generosity.  It also provided for voluntary prescription drugs under the medicare program.  However, the utilization and cost of the program skyrocketed as soon as the funding source was established.  It has remained unknown what the program will ultimately cost the federal government, no wonder the current administration under Trump wants to turn it upside down.

3 0
3 years ago
Legal capital is best defined as
Vanyuwa [196]

Answer:

b. the par value of all capital stock issued.

Explanation:

As per the business format, capital of a company is the value of share capital.

Now, also legal capital means the share capital issued as this reflects the legal share of individual investors in the company.

Authorized capital is the value of maximum capital that can be issued by the company in the form of equity shares.

Issued capital is that part of authorized capital that is actually issued.

And therefore, the par value that is the face value of shares issued, that is equity issued is the legal capital of the company.

7 0
3 years ago
Describe a transaction that would:a. Increase both an asset and capital stock.b. Increase both an asset and a liability.c. Incre
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Answer:

a. Increase both an asset and capital stock.

Issuance of common stock increases the cash as assets and common stock as a capital stock.

b. Increase both an asset and a liability.

Supplies purchased on account increases the Inventory as an asset and Increases the payable as a liabilities.

c. Increase one asset and decrease another asset.

Maturity of an Investment in debt instrument, Increases the cash as an asset and decreases the investment as another asset.

d. Decrease both a liability and an asset.

Payment to supplier decrease the account payable as a liabilities and cash as an asset.

e. Increase both an asset and retained earnings.

Cash Sales Increases the cash as an asset and Net profit as a retained earning.

f. Decrease both an asset and retained earnings.

Sales return decreases the account receivable as an asset and net profit as a retained earning.

5 0
3 years ago
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