The tax multiplier measures the impact of changes in government taxes on the overall economy. It is calculated as the ratio of the change in real GDP to the change in taxes. In this case, we know that a $90 billion reduction in taxes leads to an increase in real GDP by $378 billion.
To find the tax multiplier, we need to divide the change in real GDP by the change in taxes. Therefore, the tax multiplier in this case is 4.2 ($378 billion/$90 billion). This means that for every dollar reduction in taxes, the economy will increase by $4.20 in real GDP.
This result shows that taxes have a significant impact on the economy and the government can use them to stimulate economic growth. By reducing taxes, consumers and businesses have more money to spend and invest, which increases demand for goods and services, leading to an increase in real GDP. However, it is important to note that the tax multiplier may vary depending on various factors, including the state of the economy, tax policies, and consumer behavior.
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The internal revenue service is considered the most clandestine government service.a. True
b. False
False, The internal revenue service is not considered the most clandestine government service.
What is Internal revenue service ?The Internal Revenue Service (IRS) is the federal agency responsible for collecting taxes from individuals, businesses, and other entities in the United States. The IRS is part of the U.S. Department of the Treasury and is responsible for ensuring that taxpayers comply with the tax laws and pay the taxes they owe.The IRS administers and enforces U.S. federal tax laws, including income, payroll, estate, and gift taxes. The IRS also provides assistance to taxpayers who need help understanding the tax laws and filing their taxes. The IRS also investigates cases of tax fraud and other criminal activities related to fereral taxes.
What is Fereral Taxes?Federal taxes are taxes assessed by the federal government of a country on the income of individuals, corporations, and other entities. These taxes are used to fund government operations, social programs, and other public services. The federal government collects taxes from citizens of the country, as well as from businesses and other entities. Federal taxes are typically collected through withholding, estimated payments, and filing tax returns.
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Will the grading period effect what college you will go to later on?
A (True)
B (False)
Answer: A
Explanation:
Answer:
NO
Explanation:
The synchronize-and-stabilize model offers advantages over the older waterfall model, which is strictly sequential in nature. Identify 6 of these advantages.
Answer:
Pls I just need points
Explanation:
Natalie wants to deposit $2,000 into a savings account at a 1.25 percent interest rate. The interest is compounded every six months. How much interest will she earn over two years?
Answer:
Natalie will earn $50.31 in interest over two years assuming that the interest is compounded every 6 months.
Explanation:
Natalie will earn $50.31 in interest over two years, assuming that the interest is compounded every six months.
Here's how to calculate it:
- First, we need to figure out how many times the interest will be compounded over two years. Since the interest is compounded every six months, there will be four compounding periods per year, or a total of eight compounding periods over two years.
- Next, we can use the formula A = P(1 + r/n)^(nt) to calculate the amount of money Natalie will have in her account after two years, where:
- A is the amount of money in the account after two years
- P is the principal (the initial amount of money deposited)
- r is the annual interest rate (1.25%)
- n is the number of times the interest is compounded per year (4, since it's compounded every six months)
- t is the number of years (2)
Plugging in these values, we get:
A = 2000(1 + 0.0125/4)^(4*2)
= 2000(1.00625)^8
= 2100.31
- Finally, we can subtract the initial principal from the final amount to find the amount of interest earned:
Interest = A - P
= 2100.31 - 2000
= 100.31
Rounding to the nearest cent, Natalie will earn $50.31 in interest over two years.
Answer:
$4050.16
Explanation:
using the formula 2000(1+.0125/2)^2(2) to represent the 6 month period (A=P(1+r/n)^nt) you get 4050.15625 which rouned to the nearest tenth is 4050.16 to represent the change
~PLEASE HELP~
Why is it important to develop an idea of your potential career cluster now?
Answer:
It is important for you to get a idea what you would to be in because it is going to help you understand your purpose in life. It is going to help you choose the right college for you.
Explanation:
nlg gers number yes 34 to yes
Answer:
Umm what are u trying to get 34 to
Aptitude is the ability to evaluate your strengths and weaknesses (True or False)
Glad I can can Help!!!
Answer: True
Explanation:
Aptitude is the ability to evaluate your strengths and weaknesses. Entrepreneurship involves risk, which is both an advantage and a disadvantage. It is not necessary to determine how much money it will take to start a business because you will be able to borrow the money you need.
If satisfied with my answer please leave a review and give me brainiest :D
Answer:
False.
Aptitude is how well you are able to able to do something and the natural ability to do it
Hopefully this helps!
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can i doit without pay
Answer:
what?
Explanation:
Explain why socialist societies do not use a circular flow chart.
When identifying the audience, what are the four things a presenter must know?
O Personality, number people, age, gender
O Age, number of people, education level and experience, occasion
O Age, number of people, education level and experience, gender
Ethnicity, age, number of people, occasion
When identifying the audience, the four things a presenter must know is Age, number of people, education level and experience, occasion.
Identification of the audience is necessary in order to tailor a speech to their interests, education degree , attitudes, and beliefs. A presenter's efficacy will increase if the presentation is designed and performed properly, hence it is crucial to adopt an audience-centered approach. It might be challenging to pinpoint the target audience through in-depth research, therefore effective audience adaptation frequently relies on the employment of healthy imagination.
It is typically a good idea to be aware of an audience's age, gender, education level, race, ethnicity, and religious affiliation before speaking to them. This data is formally collected using the questionnaire sampling method. On other occasion, the presenter is given access to this material that is already stored in a database.
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A random sample of 900 4-year college students revealed that 548 identified as female. A random sample of 400 community college students revealed that 235 identified as female. At the 0.05 level of significance, test the claim that the proportion of 4-year college students who identify as female is greater than the proportion of community college students who do
At the 0.05 level of significance, we reject the claim that the proportion of 4-year college students who identify as female is greater than the proportion of community college students who do.
To test the claim, we use a hypothesis test for two proportions. The null hypothesis (H0) is that the proportion of 4-year college students who identify as female is equal to or less than the proportion of community college students who do. The alternative hypothesis (Ha) is that the proportion of 4-year college students who identify as female is greater than the proportion of community college students who do.
Using the given sample data, we calculate the test statistic and compare it to the critical value from the standard normal distribution at the 0.05 level of significance. If the test statistic is greater than the critical value, we reject the null hypothesis. In this case, the test statistic does not exceed the critical value, so we fail to reject the null hypothesis.
Therefore, there is not enough evidence to support the claim that the proportion of 4-year college students who identify as female is greater than the proportion of community college students who do.
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without this type of question, exploration is never started _____.
Without this type of question, exploration is never started: "What if...?" . "What if...?" is a type of question that is critical for exploration and innovation.
This type of question allows individuals and organizations to consider new ideas, possibilities, and alternatives. It prompts them to think outside of the box and explore new paths that may lead to better outcomes and solutions.
For example, a company might ask "What if we try this new marketing approach?" or "What if we develop a new product line?" These questions encourage the company to consider new and innovative ways of doing things and to take calculated risks that could lead to significant growth and success.
In short, "What if...?" questions are the starting point for exploration and innovation. They open the door to new ideas, possibilities, and alternatives and help individuals and organizations to move beyond the status quo and find new and better ways of doing things.
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What is the main reason for creating a budget?
to spend money without worry
to avoid financial problems
to avoid needing an income
to get out of financial trouble
One of the main reason to make a budget is to prevent financial difficulties.
Having a budget promotes financial stability and to avoid any problem related to finance in the future. A budget makes it simpler to manage money, pay bills on time accumulate an emergency fund, and save for significant costs like a car or home by keeping track of spending and sticking to a plan. Overall, having a budget gives a person more financial stability for both the short and long term. A budget makes it simpler to pay bills on time, accumulate an emergency fund, and save for significant costs like a car or home by keeping track of spending and sticking to a plan. Overall, having a budget gives a person more financial stability for both the short and long term.
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In addition to the Small Business Job Protection Act of 1996 encouraging small businesses to allow employees to enroll into a 401(k), what percentage of vesting begins immediately for the employee
Answer:
100%
Explanation:
401(k) plans are financial provisions that guarantee financial security after retirement. Prior to the Small Business Job Protection Act of 1996, these provisions were bogus and difficult to understand/comply with by businesses. The Act simplifies the requirements and allows employees to enroll in the 401(k) plans where the annual contributions testing is bypassed. Employees vest 100% of their salary. This means that they cannot forfeit all the money contributed. After retirement, they can benefit from their deferrals and profits.
The economic problem whereby an exchange partner with private information about resource quality is more likely to offer lower quality resources in the exchange relationship is called:______.
The economic problem whereby an exchange partner with private information about resource quality is more likely to offer lower quality resources in the exchange relationship is called symmetric information.
When one party to an economic transaction has more or better information than the other and uses it to their advantage, this is referred to as asymmetric information. This leads to market failures, such as adverse selection and the so-called lemons dilemma. According to the lemon theory.
In the used car market, the seller has more information about the true value of the vehicle than the buyer. As a result, even if the car is of premium quality, the buyer is unwilling to pay more than the average price. In insurance, symmetric information refers to a market condition in which one side in a transaction lacks sufficient information about the other party, resulting in market failure.
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schmidt company borrows $10,000 from its bank and signs a 6-month note. interest, which is due quarterly, is specified in the note as 6%. the 6% interest rate is a(n)
Schmidt company borrows $10,000 from its bank and signs a 6-month note. interest, which is due quarterly, is specified in the note as 6%. the 6% interest rate is a(n) annual, 12 month rate.
What will happen to the current if an accounts payable balance is paid off?
Liabilities overall On its balance statement, a business lists accounts payable as a current liability. The debts that it intends to pay off within a year are listed in this section. The balance of the account as well as the overall amount of the company's liabilities drop when it makes payments on its accounts payable.
On a company's balance sheet, accounts payable are listed. Given that it is money owing to creditors and appears on the balance sheet under current liabilities, accounts payable is a liability. Current liabilities are a company's short-term debts, usually lasting less than three months.
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Private solutions may not be possible due to the costs of negotiating and enforcing these solutions. Such costs arecalled
Private solutions may not be possible due to the costs of negotiating and enforcing these solutions. Such costs are called transaction costs.
Transaction costs arise in situations where private solutions, such as negotiating and enforcing contracts, are necessary to resolve disputes or coordinate economic activities. These costs can include search and information costs, bargaining and decision-making costs, and enforcement and monitoring costs.
Transaction costs may hinder private solutions because they can be prohibitively high, making it difficult for parties to reach agreements or efficiently enforce them. In some cases, these costs can lead to market failures or create situations where public intervention might be more effective. High transaction costs may also result in less competition and less efficient allocation of resources, as parties might avoid entering into transactions due to the costs involved.
Overall, transaction costs play a significant role in determining the feasibility and effectiveness of private solutions to various economic problems. Understanding and minimizing these costs can be essential for improving the efficiency of markets and promoting mutually beneficial outcomes.
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The Shirt Works sells a large variety of tee shirts and sweatshirts. Steve Hooper, the owner, is thinking of expanding his sales by hiring high school students, on a commission basis, to sell sweatshirts bearing the name and mascot of the local high school.
These sweatshirts would have to be ordered from the manufacturer six weeks in advance, and they could not be returned because of the unique printing required. The sweatshirts would cost Hooper $16.00 each with a minimum order of 203 sweatshirts. Any additional sweatshirts would have to be ordered in increments of 203.
Since Hooper’s plan would not require any additional facilities, the only costs associated with the project would be the costs of the sweatshirts and the costs of the sales commissions. The selling price of the sweatshirts would be $32.00 each. Hooper would pay the students a commission of $7.00 for each shirt sold.
Required:
1. What level of unit sales and dollar sales is needed to attain a target profit of $7,308?
2. Assume that Hooper places an initial order for 203 sweatshirts. What is his break-even point in unit sales and dollar sales? (Round your intermediate calculations, round "Break-even point in unit sales" up to the nearest whole unit and round "Break-even point in dollar sales" to the nearest whole dollar.)
3. How many sweatshirts would Hooper need to sell to earn a target profit of $8,222? (Round final answer up to the nearest whole unit.)
1. The unit and dollar sales levels needed to attain a target profit of $7,308 are 812 and $25,984.
2. The break-even point with 203 sweatshirts is $4,669.
3. The unit sales level needed to attain a target profit of $8,222 is 914.
What is the break-even point?The break-even point represents the required sales units for no profit or loss to be achieved.
At the break-even point, the total revenue equals the total costs (fixed and variable).
Data and Calculations:Selling price per sweatshirt = $32
Variable cost per unit = $23 ($7 + $16)
Contribution margin per unit = $9 ($32 - $23)
Contribution margin ratio = 0.28125 ($9/$32)
Fixed costs = $0
Target profit = $7,308
1. Sales level to attain a target profit of $7,308 = 812 units ($7,308/$9)
And $25,984 ($7,308/0.28125)
2. Break-even point with 203 sweatshirts = $4,669 ($23 x 203)
3. Target profit = $8,222
Sales level to attain a target profit of $8,222 = 914 units ($8,222/$9)
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how is weather useful to our body
Answer:
1. precipation
2. national security
Explanation:
1. Having a stable climate and weather patterns benefits national security. If a government can predict the amount of water and the average risk for drought or other natural disasters, it can better prepare its population for possible adversities. If the climate and weather were to suddenly change, disaster response teams may not be able to adapt quickly enough. It could also lead to international conflicts as the need for humanitarian aid rises in response to a higher demand on resources.
2. The stability of the climate is an important factor to human health. Because overall climates are stable for long stretches of time, humans adapt to a given climate. For example, the evolution of light skin from dark was to help humans become more resistant to cold weather and synthesize more vitamin D per each exposure to ultraviolet light as they moved away from the equator to areas where there was less direct sunlight and more cloud-covered days. Rapid climate change could be detrimental to human health because the body cannot adapt quickly enough to changes in the weather and environment.
2.
Having a stable climate and weather patterns benefits national security. If a government can predict the amount of water and the average risk for drought or other natural disasters, it can better prepare its population for possible adversities. If the climate and weather were to suddenly change, disaster response teams may not be able to adapt quickly enough. It could also lead to international conflicts as the need for humanitarian aid rises in response to a higher demand on resources.
Month First Year Second Year Third Year January 242 263 282 February 235 238 255 March 232 247 265 April 178 193 205 May 184 193 210 June 140 149 160 July 145 157 166 August 152 161 174 September 110 122 126 October 130 130 148 November 152 167 173 December 206 230 235 Month First Year Second Year Third Year January 242 263 282 February 235 238 255 March 232 247 265 April 178 193 205 May 184 193 210 June 140 149 160 July 145 157 166 August 152 161 174 September 110 122 126 October 130 130 148 November 152 167 173 December 206 230 235 The Vintage Restaurant, on Captiva Island near Fort Myers, Florida, is owned and operated by Karen Payne. The restaurant just completed its third year of operation. During those three years, Karen sought to establish a reputation for the restaurant as a high-quality dining establishment that specializes in fresh seafood. Through the efforts of Karen and her staff, her restaurant has become one of the best and fastest-growing restaurants on the Island. To better plan for future growth of the restaurant, Karen needs to develop a system that will enable her to forecast food and beverage sales by month for up to one year in advance. The following table shows the value of food and beverage sales ($1,000s) for the first three years of operation: Your Tasks: Perform an analysis of the sales data for the Vintage Restaurant. Prepare a report for Karen that summarizes your findings, forecasts, and recommendations. Include the following: a. A time series plot. Comment on the underlying pattern in the time series. Using the dummy variable approach, forecast sales for January through December of the fourth year. How would you explain this model to Karen? Assume that January sales for the fourth year turn out to be $295,000. What was your forecast error? If this error is large, Karen may be puzzled about the difference between your forecast and the actual sales value. What can you do to resolve her uncertainty about the forecasting procedure
The sales are generally highest in the winter months and lowest in the summer months, with peak in January of the third year at $282,000.
What are sales?Sales refer to exchange of goods or services for money or other valuable consideration. It is the process of convincing potential customers to purchase a product or service by communicating its value, benefits, and features. The sales process typically involves prospecting, qualifying leads, making a sales pitch, handling objections, closing the sale, and following up with the customer. Sales can occur through various channels, including in-person, over the phone, online, or through direct mail. Successful sales depend on the ability to understand and meet customer needs, build relationships, communicate effectively, and provide exceptional customer service. Sales are essential to the success of any business as they generate revenue and help to grow and expand the business.
Highest sales= $295,000- $13,000= $282,000
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You can start life after high school with a clean slate. How does knowing this affect your perspective of learning about personal finance?.
Strong financial knowledge and decision-making skills help people weigh options and make informed financial decisions, such as when and how to save and spend, comparing costs before making a large purchase, or other long-term goals.
What exactly is personal finance?Personal finance includes money management, saving, and investing. Budgeting, banking, insurance, mortgages, investments, retirement planning, tax planning, and estate planning are all covered. The term is frequently used to refer to the entire industry that provides financial services to individuals and families, as well as financial and investment advice.
Individual goals and desires, as well as a plan to meet those needs within your financial constraints, influence how you approach the items listed above. To make the most of your earnings and savings, you must become financially savvy—this will enable you to distinguish between good and bad advice and make sound financial decisions.
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The percentage of the US labor force that is unemployed is known as the __________.
A.
consumer price index
B.
gross domestic product
C.
national unemployment rate
D.
annual percentage change
Please select the best answer from the choices provided
A
B
C
D
Answer:
Explanation:
C
Answer:
C. national unemployment rate
Explanation:
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Which statement best describes the difference between an epidemic and a pandemic?
A pandemic lasts for a long time, and an epidemic lasts only a short period of time.
A pandemic involves many deaths, and an epidemic only involves sickness.
An epidemic is contained to a region, and a pandemic is global
An epidemic involves an illness where a pandemic involves an injury.
acupuncture, herbal medicine, and meditat
the Hippocratic Oath, the humoral theory, and meditation
bloodletting, plasters, and herbal medicine
Answer:
a pandemic involves many deaths , and an epidemic only involves sickness
Answer:
An epidemic is contained to a region and a pandemic is global.
If a student identifies "family doesn't have enough money for college" as a barrier to her long-term education goal, which of the following is not a sensible solution?
1. Change long-term career goal to a field that doesn't require college.
2. Research student loans and other grants online
3. Contact the college about scholarship opportunities.
4. Consult a recruiter about ROTC programs or the G.I. Bill.
Answer:
A.
Explanation:
If a student is facing financial issues for college fees he/she should not be discouraged as the federal government has reformed several financial aids.
The federal government of the United States understand the importance of education for the growth of child and nation as a whole, so they have invested in educational institution to help those students whose parents are unable to pay their college fees.
The unwise idea in such situation is to change long-term career goal. The student should not do this. Rather he/she should inquire about scholarship in their college, search for the grants and student loans, or consult a recruiter.
Therefore, option A is the correct answer.
Smyth Industries operated as a monopolist for the past several years, earning annual profits amounting to $50 million, which it could have maintained if Jones Incorporated did not enter the market. The result of this increased competition is lower prices and lower profits; Smyth Industries now earns $10 million annually. The managers of Smyth Industries are trying to devise a plan to drive Jones Incorporated out of the market so Smyth can regain its monopoly position (and profit). One of Smyth's managers suggests a predatory pricing scheme, i.e., pricing its product 50% below marginal cost for exactly one year. The estimated impact of such a move is a loss of $1 billion for that year, and the relevant interest rate is 5%. Ignoring antitrust concerns, compute the present value of smyth industries' profits if it could have remained a monopoly when the interest rate was 5 percent. multiple choice A. $200 million B. $100 million C. $1.05 billion D. $210 million
The present value of Smyth Industries' profits, if it could have remained a monopoly when the interest rate was 5%, is approximately -$0.89238 billion. Since none of the given multiple-choice options match this result, it seems there might be an error in the question or the answer choices.
To calculate the present value of Smyth Industries' profits, we need to consider the future loss due to the predatory pricing scheme and discount it back to the present value using the relevant interest rate.
First, let's calculate the present value of the loss. The estimated impact of the predatory pricing scheme is a loss of $1 billion for one year. To find the present value, we need to discount this amount using the relevant interest rate of 5%.
PV = Future Value / (1 + Interest Rate)^n
Where PV is the present value, Future Value is the loss of $1 billion, Interest Rate is 5%, and n is the number of years.
Using the formula, we can calculate the present value:
V = 1 billion / (1 + 0.05)^1
PV = 1 billion / 1.05
PV ≈ $952.38 million
So, the present value of the loss due to the predatory pricing scheme is approximately $952.38 million.
Next, we need to subtract this loss from the current annual profit of $10 million that Smyth Industries is earning after Jones Incorporated entered the market.
Present Value of Profits = Current Annual Profit - Present Value of Loss
Present Value of Profits = $10 million - $952.38 million
Present Value of Profits ≈ -$942.38 million
However, since the question asks for the present value of Smyth Industries' profits if it could have remained a monopoly, we need to add the initial annual profits of $50 million that Smyth Industries used to earn.
Present Value of Profits = -$942.38 million + $50 million
Present Value of Profits ≈ -$892.38 million
Now, if we express this value in billions, it would be approximately -$0.89238 billion.
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Nên lựa chọn hình thức và lĩnh vực kinh doanh nào khi bắt đầu khởi sự kinh doanh, tại sao.?
Explanation:
she or he is asking
Which business form and field should be chosen when starting a business, why.?
1 What is the role of the franchiser when a franchise is purchased?
2. List three advantages of buying an existing business.
3. Imagine that you want to open a doggy-daycare business. Give an example of a human risk, a
natural risk, and an economic risk associated with opening this business.
4. Using your answers from the previous question, give one way to manage or lessen the risk you
identified.
5
Explain why starting a business from scratch is more difficult than purchasing a franchise, buying
an existing business, or joining a family business.
There is a young entrepreneur who is looking for a loan to buy her aunt and uncle's dry-cleaning
business. The potential entrepreneur is only twenty-seven but has worked hard and saved 20
percent of the cost of the business. The business has been quite successful and established for
the past 17 years. Because the owners want to retire, they need to sell the business in its entirety
at market value. There are two other family members that work at the business; however, one is
The answers to the given question are as follows-
A franchise is a type of business model It provides the franchisee with a proven business model, trademarks, training, ongoing support.Established customer base and brand recognitionImplement strict safety protocols and training for employeesDiversify services offered to mitigate the impact of economic changesA franchise is a type of business model where an individual or a group of individuals purchase the right to use an existing company's name, products, services, and operational systems to operate their own business
The franchiser provides the franchisee with a proven business model, trademarks, training, ongoing support, and other resources necessary to run the business. They also enforce certain standards and guidelines to maintain consistency and protect the brand.
Three advantages of buying an existing business are:
Established customer base and brand recognition
Proven business model and operational systems
Existing infrastructure and assets (e.g., equipment, inventory, real estate)
Example of human risk: Employees not following safety protocols and getting bitten by a dog
Example of natural risk: Flooding or natural disasters damaging the facility
Example of economic risk: Decrease in demand due to changes in the economy or competition
To manage or lessen the risk identified, the business owner can:
Implement strict safety protocols and training for employees
Purchase insurance to cover damages from natural disasters
Diversify services offered to mitigate the impact of economic changes
Starting a business from scratch is more difficult because it involves developing a brand, creating a business model and operational systems, establishing a customer base, and acquiring assets and resources. Purchasing a franchise, buying an existing business, or joining a family business provide a head start in these areas, as they already have established systems, assets, and customers.
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1 What is the role of the franchiser when a franchise is purchased?
2. List three advantages of buying an existing business.
3. Imagine that you want to open a doggy-daycare business. Give an example of a human risk, a natural risk, and an economic risk associated with opening this business.
4. Using your answers from the previous question, give one way to manage or lessen the risk you identified.
5 Explain why starting a business from scratch is more difficult than purchasing a franchise, buying an existing business, or joining a family business. There is a young entrepreneur who is looking for a loan to buy her aunt and uncle's dry-cleaning business. The potential entrepreneur is only twenty-seven but has worked hard and saved 20 percent of the cost of the business. The business has been quite successful and established for the past 17 years. Because the owners want to retire, they need to sell the business in its entiret at market value.
Assume that an economy is described by the IS curve Y = 3,600 + 3G – 2T – 150r and the LM curve Y = 2(M/P) + 100r [or r = 0. 01Y – 0. 02(M/P)]. The investment function for this economy is 1,000 – 50r. The consumption function is C = 200 + (2/3)(Y – T). Long-run equilibrium output for this economy is 4,000. The price level is 1. 0. A. Assume that government spending is fixed at 1,200. The government wants to achieve a level of investment equal to 900 and also achieve Y = 4,000. What level of r is needed for I = 900? What levels of T and M must be set to achieve the two goals? What will be the levels of private saving, public saving, and national saving? (Hint: Check C + I + G = Y. ) b. Now assume that the government wants to cut taxes to 1,000. With G set at 1,200, what will the interest rate be at Y = 4,000? What must be the value of M? What will I be? What will be the levels of private, public, and national saving? (Hint: Check C + I + G = Y. ) c. Which set of policies may be referred to as tight fiscal, loose money? Which set of policies may be referred to as loose fiscal, tight money? Which "policy mix" most encourages investment?
a) To achieve the target investment level of 900, the interest rate would need to be 2%.
b) To achieve the target level of output of 4000, taxes would need to be set to 250.
c) To achieve the target level of output and interest rate, the money supply would need to be set to 3000.
The first part of the problem asks us to find the level of r that would result in investment equal to 900, given fixed government spending (G=1200) and a target level of output (Y=4000). We can start by setting I=900 and solving for r using the investment function:
I = 1000 - 50r
900 = 1000 - 50r
50r = 100
r = 2
Next, we need to find the levels of taxes (T) and money supply (M) that would be consistent with the desired level of output and the fixed level of government spending. We can start by rearranging the IS curve to solve for output:
Y = 3600 + 3G - 2T - 150r
Y = 3600 + 3(1200) - 2T - 150(2)
Y = 4500 - 2T
Setting this expression equal to the target output of 4000, we can solve for T:
4000 = 4500 - 2T
2T = 500
T = 250
Finally, we need to determine the level of money supply that would be consistent with the desired level of output and interest rate. We can use the LM curve to solve for M:
r = 0.01Y - 0.02(M/P)
2 = 0.01(4000) - 0.02(M/1)
M = 3000
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A sales tax is sent to the government by
Answer:A sales tax is a consumption tax imposed by the government on the sale of goods and services. A conventional sales tax is levied at the point of sale, collected by the retailer, and passed on to the government. A business is liable for sales taxes in a given jurisdiction if it has a nexus there, which can be a brick-and-mortar location, an employee, an affiliate, or some other presence, depending on the laws in that
Explanation:
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Which action would effectively and appropriately address a budget deficit?
A. reduce income
B. reduce expenses
C. apply for bankruptcy
D. apply for new credit
Answer:
It is letter B
Explanation:
Reducing expenses would effectively and appropriately address a budget deficit. Thus option B is correct.
What is the budget?A budget is a financial plan that projects future earnings and costs. A budget, put simply, forecasts future finances in addition to anticipated revenues and expenditures. Calculating the company's earnings and costs for a set period of time is the procedure for creating a budget.
Increasing tax rates while decreasing government expenditures are the two apparent ways to minimize a budget deficit. the reduction of government spending and/or the raising of taxes, which results in either a rise in the primary surplus or a decrease in the budget deficit. greater taxes and less funding by the government. If public spending is lower than tax receipts, a budget surplus results.
Therefore, option B is the correct option.
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