assume that in 2018 republicans in congress had been successful at passing laws that required the federal government to run a balanced budget. during a recession, the government will want to implement , but may be unable to do so because such a policy would . group of answer choices contractionary fiscal policy; lead to a budget deficit discretionary fiscal policy; lead to a budget surplus contractionary fiscal policy; lead to a budget surplus expansionary fiscal policy; lead to a budget deficit
Answers
The correct answer is group of answer choices; contractionary fiscal policy; lead to a budget deficit
What Is Budget Deficit? Explained Briefly About Budget DeficitA budget deficit refers to a situation in which a government's spending exceeds its revenue or income in a given fiscal period
It occurs when the government's expenditures, including public spending on programs, services, and interest payments on debt, exceed the revenue generated through sources such as taxes, fees, and other income.
A budget deficit represents the shortfall between the government's expenses and its revenue. To cover this deficit, the government typically needs to borrow money by issuing bonds or other forms of debt.
The accumulated budget deficits over time contribute to the overall national debt.
Budget deficits can occur for various reasons, such as economic downturns, increased government spending on social programs or infrastructure projects, tax cuts, or a combination of these factors.
They can have both short-term and long-term implications on the economy, including increased borrowing costs, reduced investment, and potential inflationary pressures.
Governments often aim to manage budget deficits through fiscal policies that include reducing spending, increasing revenue through taxation, or a combination of both.
The goal is to gradually reduce or eliminate the budget deficit to maintain a sustainable fiscal position.
During a recession, the government would typically want to implement expansionary fiscal policy to stimulate the economy.
However, if there are laws in place that require the federal government to run a balanced budget, it would be unable to implement such a policy.
In this case, implementing contractionary fiscal policy, which involves reducing government spending and increasing taxes, would be the only option.
However, this policy would likely lead to a budget deficit because it would result in reduced government revenue and increased spending to combat the recession.
Learn more about budget deficit
brainly.com/question/30764699
#SPJ11
If Republicans in Congress had successfully passed laws requiring a balanced federal budget in 2018, during a recession the government would want to implement contractionary fiscal policy, but may be unable to do so because such a policy would lead to a budget surplus.
what would be the outcome if the government tried to implement contractionary fiscal policy during a recession?In this scenario, if the federal government had been mandated to maintain a balanced budget by the Republicans in Congress in 2018, the government's ability to implement contractionary fiscal policy during a recession would be limited. Contractionary fiscal policy involves reducing government spending and increasing taxes to decrease aggregate demand in order to combat inflation or control economic growth. However, during a recession, the government typically adopts expansionary fiscal policy to stimulate economic activity and counteract the downturn.
If the government were to implement contractionary fiscal policy in a recession under a balanced budget requirement, it would lead to a budget surplus. This is because reducing government spending and increasing taxes would result in a decrease in government expenditures and an increase in revenue. As a consequence, the government's income would exceed its expenditures, resulting in a surplus.
This situation could hinder the government's ability to address the recession effectively. In times of economic downturn, expansionary fiscal policy, which involves increasing government spending and reducing taxes, is often employed to boost consumer demand and stimulate economic growth. However, with a balanced budget requirement in place, the government's hands would be tied, limiting its ability to employ expansionary measures and potentially prolonging the recession.
Learn more about fiscal policy
brainly.com/question/29790045
#SPJ11
Related Questions
Analyze the views of Amber and Travis toward management. With what do you agree or disagree
Answers
While administration is defined as the act of a group of people administering policies within an organization, management is the process of managing people and resources in an organization.
Which approach is best in management?The top-down method of management involves making decisions at the top of the hierarchy and then communicating those decisions to the rest of the team. This approach can be used at the project, team, or even corporate level and can be modified to meet the needs of the specific group.
The authoritative leader is a visionary who provides their team with clear, long-term direction while exhibiting the most effective management style. Most workplaces can benefit from this strategy, especially when there is a lack of direction in the organization.
Learn more about management here:
https://brainly.com/question/29023210
#SPJ1
Describing Work Activities for Financial Analysts Click this link to view O*NET’s Work Activities section for Financial Analysts. Note that common activities are listed toward the top, and less common activities are listed toward the bottom. According to O*NET, what are some common work activities performed by Financial Analysts? Check all that apply. analyzing information processing information interacting with computers repairing and maintaining mechanical equipment getting information performing general physical activities
Answers
Answer:
here is the awser have a great rest of ur day and god bless you
Explanation:
Analyzing information, processing information, interacting with computers and mechanical equipment are some common work activities performed by Financial Analysts. Hence, option A, B, C and E are correct.
What is Financial Analysts?Banks, pension funds, insurance companies, and other enterprises employ financial analysts. Financial analysts advise companies and people on how to spend money to make a profit. They evaluate the performance of bonds, equities, and other financial products.
The highest paid individuals in the financial analysis industry are typically equities analysts. Their companies play a role in this as well; major investment banks pay top talent enormous fees to get the best employees. A lot of large sums of money are dealt with by equity analysts.
It is feasible to land an entry-level job in this industry without any prior experience. Gaining experience as a financial analyst at the entry level will enable you to seek more challenging professions and earn more money.
Thus, option A, B, C and E are correct.
For more information about Financial Analysts, click here
https://brainly.com/question/8344696
#SPJ5
What are two major advantages and two major disadvantages of having unions in the United
States? Explain each advantage or disadvantage.
Answers
Answer:
two major advantages of unions:
1. we get more items from different countries
2. Unions promote higher wages and better benefits
two major disadvantages:
1. Labor unions discourage individuality
2. Unions can drive up costs as well as making it harder to promote and terminate workers.
What skills do you need be a marketing manager?
Answers
american company accused of violating sanctions, doing business with russian arms industry | pbs newshour
Answers
The American company accused of violating sanctions and doing business with the Russian arms industry is the defense contractor named Raytheon Technologies.
Sanctions are measures imposed by one country or a group of countries on another country or its citizens to pressure that country into changing its behavior. The goal is to impose hardship on the target country's economy and its people in the hope of achieving a political or diplomatic objective. Sanctions might be either comprehensive, which includes all sectors of a target country's economy, or sector-specific, which applies to only one or more sectors. Sanctions might be targeted at specific individuals or entities as well. For instance, in the aftermath of the 2014 annexation of Crimea, the United States and the European Union imposed financial sanctions on Russia to punish it.
In the United States, Raytheon Technologies is the third-largest military contractor, with a market share of around 9%. It has supplied equipment to the US Army, Navy, Marine Corps, and Air Force, as well as foreign governments. Raytheon Technologies, on the other hand, was accused of violating US sanctions against Russia by the US Department of State's Directorate of Defense Trade Controls (DDTC) in October 2019. Raytheon disclosed to the US government that it had employed a third-party vendor to assist it with software development, and that vendor had subcontracted some work to Russian companies. The violations occurred between April 2011 and November 2015.
To learn more about Raytheon Technologies: https://brainly.com/question/29434342
#SPJ11
a market-based economy frequently produces boom-and-bust cycles.
Answers
Market-based economy frequently produces boom-and-bust cycles. When a recession hits, businesses reduce their operations, including reducing employee hours or laying off workers, resulting in reduced production.
A market-based economy is frequently unstable and regularly encounters boom-and-bust cycles, causing economic instability. Market cycles are a pattern of ups and downs, characterized by high production and increased consumption in the growth or boom cycle and low production and decreased consumption in the contraction or bust cycle.The ups and downs, including the extremes, are typically brief and lead to market recovery. However, in more severe market cycles, the impact on the economy can be catastrophic, with millions of people losing their jobs and the government taking on more debt to avoid a recession.
The causes of market cycles include supply and demand, investor expectations, and business cycles. Supply and demand are among the most crucial determinants of market cycles. When demand exceeds supply, the economy grows, and when supply exceeds demand, the economy contracts. However, investor expectations play a significant role in determining the economy's growth. When investors expect good economic times, they invest in stocks and other assets, driving up prices. Conversely, when investors expect bad economic times, they sell their stocks, leading to a decline in asset prices.
To know more about employee visit:
https://brainly.com/question/18633637
#SPJ11
what independent sales branch is being replaced by a manufacturer sales branch
Answers
Because of Sarbanes-Oxley, publicly traded companies must develop _____ to assist in maintaining transparency in financial reporting.
a. accountants
b. legal counsel
c. ethics officers
d. ethics programs
e. codes of ethics
Answers
a. accountants
that's the answer, hope it helps
With the help of online research, write a short report on “glocalization.”
Answers
The phenomena of Glocalization, which is best described as Thinking Globally, Acting Locally, is created when the two terms of globalisation and localization are combined.
To put it more properly, we may say that although if a single brand is produced, sold, and distributed globally, it is nevertheless personalised and customised to suit the tastes and preferences of customers in the many global marketplaces.
It is carried out since each region of the world has its own unique culture, linguistic preferences, demands, and desires.
By adjusting their offerings and products to meet the needs of that specific market, businesses may effectively position and place their items, resulting in high revenues and devoted customers.
The following are all global brands, although they cater to the demands of their customers in various parts of the world while selling items.
Chips by Lays (They sell different flavours in different parts of the world, according to the taste preference and eating habits of that country).
To know more about Glocalization visit:
https://brainly.com/question/14357896
#SPJ9
The following partially completed process cost summary describes the July production activities of Ashad Company. Its production output is sent to its warehouse for shipping. All direct materials are added to products when processing begins. Beginning work in process inventory is 20% complete with respect to conversion.
Equivalent Units of Production Direct Materials Conversion
Units transferred out 37,500 EUP 37,500 EUP
Units of ending work in process 2,000 EUP 1,200 EUP
Equivalent units of production 39,500 EUP 38,700 EUP
Costs per EUP Direct Materials Conversion
Costs of beginning work in
process $13,450 $1,860
Costs incurred this period 440,800 238,080
Total costs $454,250 $239,940
Units in beginning work in process (all completed during July) 1,500
Units started this period 38,000
Units completed and transferred out 37,500
Units in ending work in process 2,000
Exercise 16-12 Weighted average: Completing a process cost summary LO C3
Prepare its process cost summary using the weighted-average method. (Round "Cost per EUP" to 2 decimal places.)
Answers
Answer:
Units Transferred Out $ 663750
Work In Process Ending $ 30440
Direct Materials Costs $ 11.5 per EUP Conversion Costs$6.2 per EUP
Explanation:
Ashad Company
Weighted Average Method
Cost Of Production Report
Equivalent Units of Production
Direct Materials Conversion
Units transferred out 37,500 EUP 37,500 EUP
Units of ending work in process 2,000 EUP 1,200 EUP
Equivalent units of production 39,500 EUP 38,700 EUP
Costs Added
Direct Materials Conversion
Costs of beginning work in
process $13,450 $1,860
Costs incurred this period 440,800 238,080
Total costs $454,250 $239,940
Costs per EUP
Direct Materials Conversion
$454,250/ 39,500 EUP $239,940/38,700 EUP
= $ 11.5 per EUP = $6.2 per EUP
Dividing the costs with EUP gives cost per EUP.
Costs Accounted For
Units Transferred Out $ 663750
Materials = $ 11.5 * 37500=$ 431250
Conversion= $ 6.2 * 37500=$ 232500
Total = $ 663750
Work In Process Ending $ 30440
Materials = $ 11.5 * 2000=$ 23000
Conversion= $ 6.2 * 1200=$ 7440
Total = $ 30440
Now adding the costs of Transferred out units and the ending work in process inventory equals the total of the costs added.
$ 663750+$ 30440 = $454,250 + $239,940
$ 694190 = $ 694190
what’s the best type of computer for a sales rep who travels extensively, needs a light-weight system to take written notes and show product spec pages to clients in their offices?
Answers
A tablet is the best type of computer for a sales rep who travels extensively and needs a lightweight system to take written notes and show product spec pages to clients in their offices.
Who is a sales rep?A sales representative can be said a person who is a representative of a company and help themselves with product or services.
The sales reps usually sell their product through various means like phone calls, meeting people, Advertisements, filling up tenders, etc.
As the sales rep good need to show their product to the person and need to carry it for a long time they require something that is accessible with them also that can be transferred to people, so a tablet would be a good option as it is compact, easy to give people and lightweight.
Learn more about sales rep, here:
https://brainly.com/question/15058943
#SPJ4
.All but which one of the following is an example of noninterest income or noninterest expense?
Multiple Choice
Salaries and benefits paid to employees
Income from trust services
Earnings on securities held for investment
Income from service charges on deposits
Gains and losses from trading account assets
Answers
Earnings on securities held for investment is not an example of noninterest income or noninterest expense.
Noninterest income and noninterest expenses are financial terms referring to income and expenses that are not directly related to the core business of lending and borrowing.
In the given choices, salaries and benefits paid to employees, income from trust services, income from service charges on deposits, and gains and losses from trading account assets are all examples of noninterest income or noninterest expense, as they are not directly related to lending and borrowing.
However, earnings on securities held for investment are considered interest income since they are derived from investments made by the financial institution, which is directly related to its core business.
To know more about financial institution click on below link:
https://brainly.com/question/16026225#
#SPJ11
When a firm depends on customer advocacy for the promotion of its products, it faces which challenge?
Answers
A challenge which would faced by a business firm that depends on customer advocacy for the promotion of its products is: It is difficult to control the promotional messages created by customers.
Customer advocacy can be defined as a strategic process in customer service that involves a business firm placing its focus on what is deemed to be best for its end users or customers. Thus, it typically involves a business firm putting the needs of its customers first while delivering a solution-based assistance through its products and services.
However, a challenge which would faced by a business firm that depends on customer advocacy for the promotion of its products is that it is usually difficult to control the promotional messages created by customers, whether or not it is in line with firm's policy and standards.
Read more: https://brainly.com/question/731038
i gtg see ya all HAhahaahahahahaah
Answers
.-.
uhhhh................
*triggered*
Answer:
byeee
Explanation:
Employment agencies, career fairs, and Internet ads can all be sources of
a work permits
b.
school-to-work programs
C. résumés
d. job leads
Answers
Answer:
D. Job leads
Explanation:
Employment agencies, career fairs, and Internet ads can all be sources of job leads. Hence, Option D is correct.
What are the Employment agencies?There are various kinds of agencies in the whole world that target providing the required stuff to the person or the ultimate user when it comes to the types of agencies
There are various types of agencies that are present in the whole world according to the type of material that they have available at different agencies.
If it is about employment agencies, these are the agencies that provide employees to the ultimate employers, and with the help of employment agencies, those who belong to the unemployment category will get employment according to their qualifications.
Therefore, Option D is correct.
Learn more about Employment agencies from here:
https://brainly.com/question/1657212
#SPJ2
what is the penalty for filing taxes late if you are owed a refund
Answers
Answer:
There is no penalty for filing after the deadline if a refund is due.
Advocacy is the active support of a cause. True False
Answers
Answer:
True.
Explanation:
By definition, Advocacy is the active support of an idea or cause expressed through strategies and methods that influence the opinions and decisions of people and organisations.
Answer:
True
Explanation:
...
a loan secured in order to buy a property
Answers
Answer:
Explanation:
With a secured loan, you give lenders an ownership interest in some of your property. The property guaranteeing the loan is the collateral, and lenders can take it if you don't pay as promised. ... You can also get a secured personal loan that can be used for almost any purpose
Money you pay up front to reduce the amount you will owe is called a
A. fixed loan
B. late payment
C. down payment
D. short-term loan
Answers
Answer:
down payment
Explanation:
A down payment is money paid upfront in a financial transaction, such as the purchase of a home or car. Buyers often take out loans to finance the remainder of the purchase price.
Answer:
down payment
Explanation:
Please only answer if you can help!!
Bobby is building a home for Shyla that under the original contract is to be completed by June 3rd. Shyla found the plans for the home in a publication focusing on unique houses and is excited because it will be the only style of home in this area. Because he underestimated the time needed for special antique framing required for Shyla's house, Bobby tells Shyla that he needs to hire additional workers in order to have the home done by that time and that Shyla needs to pay him an extra $5,000. Shyla says that she will pay the extra $5,000. Bobby finishes the home and asks for his $5,000. Shyla refuses to pay. What will happen if Bobby sues? Which theory of contracts/consideration is applicable and then who will win in this scenario.
Answers
Shyla must pay Frank the extra $5,000 because she consented to do so and didn't object to Frank's miscalculation of time when she consented to give him $5,000.
Is an agreement a contract if consent to it was obtained by coercion?When agreement is gained by the exercise of undue influence, the agreement may be revoked at the sole discretion of the individual whose consent was coerced.
What is agreement when it is forced and the outcome of mistake?It is impossible to argue that consent was granted voluntarily if it was obtained under duress, coercion, fraud, misrepresentation, or error. The contract is voidable if there is a mistake in the cause or the factor that led to the mistake.
Is the contract valid when a party's consent is not freely given?When a contract is signed without the parties' express assent, it is deemed voidable. The legislation defines a voidable contract as one that is enforceable by law at the choice of one or more parties, but not at the discretion of the other parties.
Learn more about voidable contract: https://brainly.com/question/29419016
#SPJ1
Which "class" of fires consists of flammable liquids including stove alcohol, gasoline and diesel?.
Answers
The class of fires that includes those caused by flammable liquids such as alcohol and diesel is Class B fires.
What are class B fires?These are those fires that are caused by combustible liquids that are capable to spreading fire quickly.
The liquids include alcohol, gasoline, and diesel. Such fires and recommended to be best put out by smothering the flames.
Find out more on Class B fires at https://brainly.com/question/4154871.
#SPJ1
Pompeii, Inc., has sales of $53,000, costs of $24,200, depreciation expense of $2,550, and interest expense of $2,300. If the tax rate is 24 percent, what is the operating cash flow, or OCF
Answers
Answer:
$23,052
Explanation:
The computation of operating cash flow is shown below:-
Before that we have to determine the net income which is
Income statement
Sales $53,000
Cost ($24,200)
Depreciation ($2,550)
EBIT $26,250
Interest expense ($2,300)
Earnings before tax $23,950
Tax (5,748)
(24% × $23,950)
Net income $18,202
Now,
Operating cash flow = EBIT + Depreciation - Tax
= $26,250 + 2,550 - $5,748
= $23,052
True or False?
Social workers work at both the state and national level.
Answers
Explanation: because true
discuss how the central bank uses the open market operations as a sutible measure of credit control. Explain with respect to both inflation and deflation
Answers
Answer: By affecting the money in circulation
Explanation:
The central bank uses the open market operations as a sutible measure of credit control by affecting the quantity of money in circulation. It's the central bank that prints money that's being used, to avoid economical unbalance, the central bank has to regulate how the money is circulated in the country. They do this by either selling or buying government securities through open market operations. During this process the purchase government securities from commercial banks and institutions making bank assets free and more cash for loans.
*You have a company's balance sheet, its income statement, and its statement of cash flows. Which would you refer to if you wanted to know if a company made or lost money last year? If you wanted to find out how much debt the firm had used to finance its assets? If you wanted to know why its cash balance had changed over the past year?
Answers
If I wanted to find out how much debt the firm had used to finance its assets I would refer to the balance sheet.
If I wanted to know why it’s cash balance had changed over the past year I would refer to the cash flow statement.
5 Ayesha is a business adviser. Her financial year ends on 30 September. She provided the following trial balance at 30 September 20-3: $ Capital $ Drawings 15200 125000 Premises 95 000 Office equipment Fees from clients 21600 Insurance 3110 Printing and stationery 2480 Wages Office expenses 59 650 3120 Rent receivable Trade receivables 6150 6000 9510 Bank overdraft Cash 65950 150 206460 206460 Prepare Ayesha's income statement for the year ended 30 September 20-3 and a statement of financial position at 30 September 20-3.
Answers
From the income statement, the net profit is $49,870(loss), the total assets is $181,250 and the total liabilities is $125,000
What is the income statementFees from clients: $21,600
Expenses:
Wages: $59,650
Rent: $3,120
Office expenses: $3,110
Printing and stationery: $2,480
Insurance: $3,110
Total expenses: $71,470
Net profit: $21,600 - $71,470 = -$49,870 (Loss)
Statement of Financial Position at 30 September 20-3:
Assets:
Premises: $95,000
Office equipment: $6,000
Rent receivable: $6150
Trade receivables: $6,000
Bank overdraft: $65,950
Cash: $150
Total assets: $181,250
Liabilities:
Drawings: $125,000
Capital:
Capital balance: $15,200
Total liabilities and capital: $181,250
Learn more on income statement here;
https://brainly.com/question/15169974
#SPJ1
3. ______ are defined as goods or services that are required for health and safety.
Answers
Occupational Health and Safety are defined as goods or services that are required for health and safety. Information standards are guidelines governing the information that must be provided to consumers when they purchase specific goods.
What is the safety of goods?A safe product is one that delivers either no risk or a minimum tolerable level of risk, taking into account the product's typical or reasonably foreseeable use and the need to maintain a high level of consumer protection.
Occupational health and safety is a multidisciplinary discipline that deals with all elements of workplace health and safety, with a heavy emphasis on preventing workplace dangers.
Learn more about the safety of goods here:
https://brainly.com/question/28480753
#SPJ1
what would happen to a monthly payment if the intrest rate increased
Answers
Answer:Your interest rate and the monthly payment will remain the same
Explanation:If you have a fixed-rate mortgage, the rising rate will have no impact on your loan: Your interest rate and the monthly payment will remain the same.
The monthly payment would increase if the interest rate is increased.
The monthly payment is the amount a person has to pay every month over the time period of the loan to pay off the loan. Interest is the additional amount a lender has to pay along with the principal amount when they avail a loan.
A loan with a higher interest rate means that the person will have to pay back more money and hence higher monthly payments as compared to someone who has a lower rate interest rate for the same amount and for the same time period.
For example, if you borrow $200 with a 5% interest rate you will have to pay back a total of $210 and if this is over 10 months then you will have to pay $21 every month. Now say you borrow the same amount for the same time period but with a 10% interest rate, then you will have to pay back a total of $220 and this means your monthly payment will be $21. Therefore monthly payment increases with the interest rate.
To learn more about interest rates,
https://brainly.com/question/13806060
https://brainly.com/question/25296782
A bond currently sells for $1,170, which gives it a yield to maturity of 5%. Suppose that if the yield increases by 30 basis points, the price of the bond falls to $1,140. What is the duration of this bond
Answers
Answer:
8.53 years
Explanation:
Calculation for the duration of the bond
The first step is to calculate for Change in Bond Price
Change in Bond Price = -(30)/1,170
Change in Bond Price = -0.0256×100
Change in Bond Price =-2.56%
Second step is to find the Effective Duration
Effective duration = -0.0256/0.0030
Effective Duration = 8.53 years
Therefore the duration of this bond will be 8.53 years
In a short response of approximately 75 words, explain what type of company would elect to develop and manage an internal marketing department.
Answers
The company would elect to develop and manage an internal marketing department in Mid-sized regional companies.
What is internal marketing?Organizational objectives, products, and services are promoted to its internal employees through internal marketing. Businesses should place high importance on internal marketing because it has become a crucial part of a successful marketing strategy.
Employee participation boosts and strengthens the company's already strong culture, which fosters a positive work environment and greater relationship-building. Promoting commercial products is their primary goal.
Learn more about internal marketing, here:
brainly.com/question/27451832
#SPJ1