given the answer to first question, what discretionary fiscal policy tool did arthur laffer propose that the united states utilize to increase tax revenues?
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c. point C
According to Arthur Laffer, the 1980s US economy was operating at an excessively high-income tax rate, but not at 100%. As a result, the answer to the first question is point C.
c. decrease income tax rates
Given his assessment of the economy, Laffer proposed that the solution to increasing tax revenues was to lower tax rates. As a result, the answer to question two is to lower income tax rates.
Arthur Laffer was a supply-side economist who sought the lowest possible income tax rate in order to maximize government tax revenues. The economy would operate at point E with this hypothetical tax rate. He is not well known for his perspectives on government spending or demand management policies.
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The complete question is:
In the 1980s, Arthur Laffer proposed that the economy was operating around which point?
a. A
b. B
c. C
d. D
e. E
Given the answer to first question, what discretionary fiscal policy tool did Arthur Laffer propose that the United States utilize to increase tax revenues?
a. decrease government spending
b. keep income tax rates at the current level
c. decrease income tax rates
d. increase government spending
e. increase income tax rates
Related Questions
the sisyphean company has a bond outstanding with a face value of $5000 that matures in 10 years. the bond certificate indicates that the stated coupon rate for this bond is 8.9% and that the coupon payments are to be made semiannually. how much will each semiannual coupon payment be?
Answers
each semiannual coupon payment will be :
Coupon payment = (coupon rate × face value)/number of coupons per year = (0.089 × 5000) / 2 = $222.5
Investors who are thinking about buying a bond can benefit from semi-annual bond basis to ensure they are comparing like with like. Many different yield conventions are used in bond issuance. Some bonds accrue interest annually, while others do so twice a year or every other year. Corporate bonds typically have a coupon that is paid twice a year. For example, if the interest rate on a bond is 4%, each bond worth $1,000 will pay its owner $20 every other month for a total of $40 per year.
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the baxters are looking at a $425,000 home. they have $90,000 in savings to use as a down payment. what loan type(s) would likely be the best option for them?
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Conventional people act or think in a way that is typical and expected.
What else does the word "conventional" mean?
The terms formal, ceremonious, and ceremonial are frequently used synonyms for conventional.Even though "marked by attention to or adhering strictly to prescribed forms" is the meaning of these words, "conventional" can also mean "according with general custom and usage" and "may suggest a stodgy lack of originality or independence."ordinary politeness.
What is an illustration of a conventional?
These things are always depicted using standard signs and symbols. These are small cups with typical eagle, lion, and griffin designs that have been deeply and crudely cut out.
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rent controls in new york city cause which of the following: question 5 options: a) wasted resources resulting from the opportunity cost of time associated with trying to find an apartment. b) black markets. c) inefficiently low quality. d) all of the answers are correct.
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Rent controls in Newyork city cause an increase in the quantity supplied of rent-controlled apartments.
Rent controls pressure landlords to rate residences under the equilibrium rate level. An instant impact is a shortage (extra demand) of residences, due to the fact the number of residences demanded is more than the amount provided on the regulated rate. Price ceilings and hire controls also can create deadweight loss via way of means of discouraging manufacturing and reducing the deliver of goods, services, or housing under what customers virtually demand. Consumers enjoy shortages and manufacturers earn much less than they might otherwise.
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p, a citizen of state x, had an altercation with d, a citizen of state y. d was p's boss. d subsequently fired p. p maintains that d hit p first and that p was acting in self-defense. p commences an action in federal district court invoking the diversity jurisdiction. p claims $50,000 for damages based on an assault and battery claim and $27,000 as damages for an alleged breach of p's employment contract with d. for purposes of diversity jurisdiction, is the amount-in-controversy requirement met?
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Yes, the amount-in-controversy requirement for purposes of diversity jurisdiction have been met.
When two requirements are satisfied, "diversity jurisdiction" under 28 U.S.C. 1332 exists in federal court. First, the sum in question must be greater than $75,000 in value. Second, each plaintiff and each defendant must have a separate nationality.
A defendant may file a notice of removal to transfer an action from state court to federal court where diversity jurisdiction is present. However, the jurisdiction of federal courts is restricted. Williamsport Area School District v. Bender, 475 U.S. 534, 541 (1986). Clear evidence rebutting a high presumption against federal court jurisdiction.
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jacqueline worked at the telephone-sales office. she called 15 people before someone purchased her product. then she called 10 people and the 10th bought what she was selling. when she started again, the fifth person she called bought it. what schedule is she working under thus far? (you need to give the schedule value too)
Answers
The schedule is she working under thus far is vr 10.
What is vr schedule?A schedule for reinforcement that rewards a behaviour after a random number of responses is known as a variable ratio schedule. High and consistent response rates are produced by this kind of schedule. The belief that the subsequent response might be the one required to receive reinforcement motivates organisms to respond repeatedly.
A review of your work by your employer: Does your boss visit your office a few times during the day to see how things are going? A schedule with variable intervals would look like this. You never know when these check-ins will take place because they happen at erratic times.
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price discrimination is only possible in a (click to select) market structure. suppose you are advising five banners amusement park, which is the only such firm in the state. two types of visitors are interested in the park: middle-class families with young kids, and teens/college students. what is wrong (from the perspective of five banners' revenue) with charging all visitors the same high admissions price? multiple choice 2 five banners would have to pay its employees more. people will expect extremely awesome rides, which are expensive to build. teens and college students would not be able to visit, even though they would have if the price was lower. five banners would make less money on food sales. what is wrong (from the perspective of five banners' revenue) with charging all visitors the same low admissions price? multiple choice 3 five banners would start to attract competitors. the park will be overwhelmed by visitors, leading to unsafe conditions. five banners will get less revenue than it could have from the families, who are willing and able to pay more. five banners would have to pay its employees less. if five banners engages in price discrimination, the number of people visiting the park will be (click to select) if they charged everyone the same high monopoly price; and will be (click to select) the socially optimal number of visitors that would happen in a perfectly competitive market.
Answers
Teens and college students would not be able to visit, even though they would have if the price was lower.
Five Banners will get less revenue than it could have from the families, who are willing and able to pay more.
If Five Banners engages in price discrimination, the number of people visiting the park will be more than if they charged everyone the same high monopoly price; and will be the same as the socially optimal number of visitors that would happen in a perfectly competitive market.
Best opposition describes a market structure in which opposition is at its greatest possible stage. To make it extra clean, a market that well-known shows the following characteristics in its shape is stated to show the best opposition: A massive variety of buyers and dealers.
Neoclassical economists claim that perfect competition—a theoretical marketplace structure—would produce exceptional viable financial results for both customers and society. All actual markets exist out of the doors of the suitable competition model because it's far an abstract, theoretical model.
In a monopolistic marketplace, there may be the simplest form that dictates the price and supply levels of goods and services. A wonderfully aggressive marketplace consists of many companies, where nobody firm has market control.
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Conflicts between two mutually exclusive projects occasionally occur, where the npv method ranks one project higher but the irr method puts the other one first. In theory, such conflicts should be resolved in favor of the project with the higher irr.
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Conflicts between two mutually exclusive projects occasionally occur, where the NPV method ranks one project higher but the irr method puts the other one first is a False statement.
What two initiatives are mutually exclusive?Capital projects that compete head-to-head are said to be mutually exclusive. Projects X and Y are said to be mutually exclusive, for instance, if a management must choose precisely between completing either project X or Y, but not both of them simultaneously.
Hence, The more net cash a project creates for the company, the higher the expected IRR is and the more it exceeds the cost of capital. In this instance, the project appears to be profitable, and management should move forward with it.
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Conflicts between two mutually exclusive projects occasionally occur, where the npv method ranks one project higher but the irr method puts the other one first. In theory, such conflicts should be resolved in favor of the project with the higher irr. True or false
suppose a country suffers from a recession. identify the components of countercyclical fiscal policy reflected in the following examples.
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Imagine a nation experiencing a recession. The following examples illustrate both the discretionary and automatic aspects of countercyclical fiscal policy.
Countercyclical fiscal policy: what is it?A counter-cyclical fiscal policy is a term used to describe the government's approach to using fiscal tools to combat boom or recession. It works to buck the current boom or recession trend, attempting to balance the economy. In these two phases, countercyclical fiscal policy naturally operates in two opposite directions.
A business cycle condition known as a recession is one in which demand is weakening and economic growth is declining. Here, the government's duty is to create demand by adjusting taxing and spending practices. Tax reductions and spending increases will help to boost the economy by generating demand.
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companies that are created by congress to provide a public good or service to citizens because a private enterprise cannot provide that good or service profitably are known as .
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Profitably are known as make them independent of political pressure, particularly from the president. Income and expenses are used to determine profitability. Income is money that the firm makes through its operations.
For instance, money is made when livestock and crops are raised and sold. Nevertheless, money that enters the company through actions like borrowing money does not generate profitability. A business's capacity to generate a return on an investment based on its resources in comparison to an alternative investment Income is another definition of profitability. The proportion of a company's income to its expenses is known as its profitability.
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select all that apply though it may undermine the concept of comparing a constant basket of goods, the bls occasionally updates the items in the cpi market basket. why? multiple select question. the bls is interested in maintaining a market basket excluding the most current goods and services. to capture the cost of a certain standard of living. to satisfy the internal revenue service. to more accurately measure the types of goods and services that are available in a given period.
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The BLS occasionally updates the items in the CPI market basket. Market basket excluding the most current goods and services. A market basket is a carefully chosen mix of goods and services that measures the performance of a particular market or segment.
The Consumer Price Index (CPI) is a typical market basket that offers an estimate of inflation based on the average change in price paid for a certain basket of goods and services over time. Housing, education, recreation, food and beverage, fashion, transportation, health care, and other goods and services are examples of main categories that may be included in a market basket.
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on january 1, year 1, the accounts receivable balance was $23,300 and the balance in the allowance for doubtful accounts was $2,300. on january 15, year 1, an $670 uncollectible account was written-off. what is the net realizable value of accounts receivable immediately after the write-off?
Answers
The net realizable value of accounts receivable immediately after the write-off is $21000.
According to the question,
The write-off of the uncollectible amount of $670 is to be reduced from the allowance for doubtful accounts and accounts receivable.
Allowance for doubtful accounts = $2,300
Accounts receivable balance = $23,300
The net realizable value of account receivables is
= (23300-670)-(2300-670)
= $21000
Amount of uncollectible account expenditure
= sales on account* 1%
= 215000* 1%
= $2150
Hence, the net realizable value of accounts receivable immediately after the write-off is $21000.
There are some accounts that have debts and loans which have zero chance of being repaid.
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you deposit $1000 at the beginning of each year into an account earning 5% interest compounded annually. how much will you have in the account in 35 years?
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In 35 years you will have $55,160 in your account which has 5% compound interest.
What is Compound Interest?The interest you earn on interest is known as compound interest. Simple math may be used to demonstrate this: if you have $100 and it generates 5% interest annually, you will have $105 at the end of the first year. You will wind up with $110.25 at the conclusion of the second year. Compound interest, also known as interest on principal and interest, is the practise of adding interest to the principal amount of a loan or deposit. Because interest is calculated on both the original principal and the accumulated interest over time, compound interest causes your money to grow more quickly. As the initial investments and the income received from those assets rise simultaneously, compounding can produce a snowball effect.
Hence, In 35 years you will have $55,160 in your account which has 5% compound interest.
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what amount would a person with actual cash value coverage receive for five-year-old furniture destroyed by a fire?
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It is estimated that a person with real cash value coverage would receive $6,800 if a fire destroyed five-year-old furniture.
Describe insurance in your own words.Insurance is a tool used in risk management. A policy protects you from financial losses you may not have anticipated. In the event of an unfavorable event, the insurance provider will pay you or a person of your choosing.
How do insurance premium payments work?Insurance premium is the money that a person or company spends on an insurance policy. It is necessary to pay premiums for health insurance, life insurance, vehicle insurance, and homeowner's insurance. The insurance company receives the premiums after they have been collected.
Given in the question:
Insurance payment = Replacement cost - Depreciation
= $8,500 - [($8,500 / 10) × 2]
= $8,500- $1,700
= $6,800.
Question:what amount would a person with actual cash value coverage receive for five-year-old furniture destroyed by a fire? The furniture would cost $8,500 to replace today and had an estimated life of ten years.
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a(n) strategy focuses on integration at the business level by attempting to reconcile product differentiations at low cost.
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A transnational strategy aims to harmonize product differentiations at a cheap cost while concentrating on unification at the business level.
How would you define business?A business is a creative organisation or team that partakes in professional activities. They might be commercial, industrial, or something else else. Companies that are for business aim to generate a profit, whereas nonprofit organisations work to further charitable causes.
Why is there a business?The objective of a business is to offer consumers something of value, which they subsequently exchange for money or other forms of payment. The amount received must, at the absolute least, meet the owner's essential living expenses as well as company operating costs.
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your company wants to have greater success online. what are two ways that ads can drive your business goals
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Your company wants to have greater success online and the two ways that ads can drive your business goals are, boosting the conversions by connecting to buyers at the moment that matter and maximizing exposure by reaching a wider audience.
Conversions are crucial for online business as they allow to identify the customers who are interested in the products. It ensures whether the marketing funnels are working for desired results or not. It analyses what the customers look for, the source of the traffic to the website, stages where customers face the problem, and other leads. It identifies whether the website works properly or not.
Ads also maximize the exposure of the online business and help reach a wider audience. It helps in reaching the target audience by displaying ads to selected customers. It promotes the business by using various formats.
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when a new product or service is launched, what type of pricing strategy attempts to attract customers quickly by offering a very low price at first?
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A penetration strategy is one that attempts to attract customers quickly by initially offering a very low price. Thus, the correct answer is the Penetration strategy.
What is a Penetration strategy?A penetration strategy is a bold marketing approach that tries to build a significant market share for a new product. Marketers will provide a cheap price and conduct sales campaigns to increase the product's desirability. This strategy's goal is to convince clients to acquire the new product, therefore generating a market for it.
If customers are price sensitive, the penetration technique will work. The new cheap pricing will entice customers to buy. If the corporation later raises the price to generate a profit, demand may fall. The product must be of excellent quality for this technique to function. In the medium term, competitors may cut the pricing of their products, resulting in price wars.
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antitrust laws protect consumers from all of the following except a. public utilities. b. deceptive packaging. c. misleading labeling. d. false advertising.
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Antitrust laws protect consumers from all of the following except deceptive packaging.
The antitrust laws generally forbid mergers and commercial activities that are illegal, leaving it up to the courts to determine which ones are on the basis of the specific facts of each case. From the era of horse-drawn carriages to the modern digital era, courts have applied antitrust rules to shifting marketplaces.
It outlaws any agreements or plots that restrict trade or commerce. Price fixing, market allocation, boycotts, bid rigging, and tying agreements are examples of these forbidden restraints. The Sherman Act forbids monopolization in any sector of the economy as well as attempts to do so.
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Explain why firms in a monopolistically competitive market may be able to charge slightly different prices while prices will be identical in a perfectly competitive market.
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Firms in a monopolistically competitive market may be able to charge slightly different prices while prices will be identical in a perfectly competitive market because the former has many small buyers and many sellers, has no barriers, and has differentiated products while the latter has restrictions on exit and the demand-supply outputs and inputs are perfectly elastic.
A market that is monopolistically competitive combines the characteristics of monopolies and perfectly competitive markets, however monopolistic enterprises are nevertheless allowed to set their own prices because they create differentiated products from their competitors.
In monopolistic competition, businesses can charge whatever the public is willing to pay for their products, and they also want as many customers as possible to perceive that their products and services are superior to those of competing firms.
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stanley is responsible for performing a variety of human resource activities such as posting job openings and reporting current employees' job satisfaction. he is most likely an
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Stanley is responsible for doing a variety of human resource activities such as reporting current employees' job satisfaction and posting job openings. He is most likely a 'human resource generalist'.
A human resource generalist refers to a professional employee working in the human resource department who is able to perform a large variety of responsibilities and handles all the tasks related to an employee.
Human resource generalists need to be attentive, prompt, and cordial in order to act as liaisons between managers, executives, and workers in measuring employee engagement.
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you're building a product feed for a client who is new to shopping ads, and you notice the client's inventory data isn't accurate. what two things may happen if the feed is uploaded with data quality issues
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1. The client may see a decrease in traffic and conversions, as potential customers may be discouraged from clicking on ads if they believe the product won't be in stock.
2. The client may also accrue additional costs, as they may be charged for clicks that don't result in a purchase. Inaccurate inventory data can also lead to ads being disapproved.
There are a few things that could happen if a client's inventory data isn't accurate when uploaded for a Shopping ad campaign:The client could see a decrease in traffic and conversions, as potential customers may not be able to find the products they're looking for.The client could also see an increase in their cost-per-click (CPC) rate, as their ads may not be as relevant to searchers as those of their competitors.To avoid these issues, it's important to make sure that all inventory data is accurate before uploading it for a Shopping ad campaign. This includes ensuring that product prices, descriptions, and images are all up-to-date and match those on the client's website.
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how does the va fund the mortgage guarantee program so that lenders can be reimbursed for any losses from borrower default?
Answers
Junior lien on the property the va fund the mortgage loan guarantee program so that lenders can be reimbursed for any losses from borrower default. A second mortgage, also known as a junior lien,
Is a loan taken out using your home as collateral while you also have another loan secured by fund home. Second mortgages are commonly referred to as home equity loans and home equity lines of credit (HELOCs). The junior lienholder attempting to foreclose on the property may exercise its right of redemption, or pay off any senior liens in order to protect its interest in the property. A junior mortgage is a house loan made in addition to the principal mortgage on the property.
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what is the answer in mental lliness
Answers
Answer:
Explanation:
Examples of serious mental illness include major depressive disorder, schizophrenia and bipolar disorder.
kara is a lender who is working with prospective buyer, stan. what does kara ask sam to provide to show his work history and earning information?
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Kara asked Sam to provide Paystub to show his work history and earning information.
Your entire earnings are broken down on a paycheck stub. A paystub shows how much was paid in taxes on your behalf, how much was taken out for benefits, and how much was left over for you to be paid after taxes and deductions. Earnings statements, also known as paystubs or check stubs, are crucial payroll documents that both employers and employees must keep track of. They provide details on earnings received, hours worked, deductions taken, and benefits a worker has accumulated.
An employer will provide an employee with a pay stub that details their gross earnings, deductions from those earnings, and net compensation. Each employee receives a fresh pay stub for each pay period since pay stubs and paychecks are produced in tandem.
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in learning from market segmentation practices, how do you know if the segmentation has splintered the market into too many segments that are too small? conversely, how do you know if the segments are too big and perhaps should be broken into more segments that are smaller?
Answers
In market segmentation practice, we can check if each segment possesses unique and distinctive characteristics. We can say segmentation is perfect when there is no overlap in unique features of each segment or we need a separate strategy for each and every segment.
A marketplace is an area wherein buyers and dealers can meet to facilitate the trade or transaction of products and services. Markets may be physical like a retail outlet, or digital like an e-keep. one-of-a-kind examples consist of unlawful markets, auction markets, and monetary markets.
It refers to the whole area of operation of demand and supply. in addition, it refers back to the conditions and commercial relationships facilitating transactions amongst shoppers and sellers. therefore, a market signifies any affiliation wherein the sale and buying of merchandise take vicinity.
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Your organization’s network has multiple layers of security devices. When you attempt to connect to a service on the internet. However, you receive a security message from the operating system stating that this service is blocked on your workstation. What could be the probable cause?.
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A security message from the operating system stating that this service is blocked on your workstation results due to the probable cause of the host-based firewall settings are blocking the service.
In the field of computers, a firewall can be described as management software that does not allow any unauthorized access to a computer. A host can make a firewall setting according to the security required in his systems. A firewall will block a service that is considered a threat to the system.
In order to connect to a service in your workstation, you will need to contact the host or manager of the workplace to open the services for your system.
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stephanie knows that she needs to include information in the controls section of the marketing plan about what the company will do if the initial marketing strategy it has planned does not garner the results the company wants. this information is known as the
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The steps the company must take to achieve the marketing goals it set in its mission statement and strategic planning are listed in the marketing strategy component.
Greater market share, stronger brands, and increased profits are all possible outcomes of a successful marketing strategy.
What is a plan for marketing?
document that describes the promotion and marketing efforts made to achieve one or more marketing goals for a specific time period and defines the target market.
What is the least important component of a marketing strategy and why is it so important?
The most essential component of any marketing strategy is situational analysis. The entire section provides an overview of the business as well as its products and/or services, as well as a summary of the sector, a SWOT analysis, and competition.
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what factors must be considered when a contractor develops the proposal price? why is this not an easy task?
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The contractor must take these elements into account when developing the proposal price.
Reputation In today's competitive marketplace, it is essential for the contractor to protect both his own reputation and the reputation of his clients because word of mouth plays a crucial role in business.
Capital This aspect must be evaluated at the beginning of doing business with customers because there are instances in which projects are abandoned midway due to a lack of capital.
The contractor's ability to win the project must be evaluated and taken into account in the proposal.
We can easily determine, based on the aforementioned factors, that it will be difficult to develop and win the proposal framework due to the fact that price is generated by the effort put in to produce high-quality goods that meet the highly uncertain needs of the general public.
What is a sign of a market that is competitive?characteristics of a market with perfect competition. Firms can enter or exit the industry regardless of their location or business needs. Assets are allowed to move and makers can sell their result in a market. Exceptional data.
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if a company reports profit margin of 33.2% and investment turnover of 1.40 for one of its investment centers, the return on investment must be: multiple choice 23.71%. 46.48%. 34.60%. 31.80%. 4.22%.
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Option b. 46.48% is the correct answer. The return on investment is 46.48%
Return on investment calculates the profit-generating potential of investment by dividing the total amount of profit generated during a financial year by the total cost of investment.
The investment turnover ratio evaluates a company's earnings in relation to its debt and equity. The ratio is used to assess a management team's capacity to produce revenue with a given level of funding. The term "turnover" component denotes how many multiples of revenue can be produced with the available funding.
The return on investment is calculated as follows.
Return on investment = Profit margin * Investment turnover
Return on investment = 33.2% * 1.40
Return on investment = 46.48%
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two people are given the choice to participate in a retirement program in which the firm matches contributions. person a is given a form in which she must check a box to opt into the retirement program. person b is given a form in which she must check a box to opt out of the retirement program. according to studies, which person is more likely to participate? or are they equally likely to participate?
Answers
People are more likely to select the default option, according to studies, so Person B is more likely to participate.
What does the term "default choice" mean?
The option that a customer "selects" if they do nothing is known as the default choice or default option. Consumers rarely alter the default settings, according to studies. Therefore, the nature of the default choice has a significant impact on consumer behavior.
Which bias is the default?
People's preference to stick with previously made decisions and their tendency to choose inaction over action are both examples of this tendency to stay in the default choice, which is known as default bias (or status quo bias).
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a customer owns 500 shares of xyz stock selling at $15 per share and $20,000 par value of state of alabama go bonds selling at 101. if both securities increased by 2 1/2 points, the dollar value of the increase is:
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The dollar value of the increase is: $1,750 when the customer owns 500 shares of xyz at $15 per share and $20,000 par value of Alabama State bonds selling at 101.
Each share point is $1. Each point for bonds is $10.
A 2 1/2 point increase in the stock position is $1,250 ($2.50 x 500 shares). A 2 1/2 point increase in the bond position is $500 (20 bonds x $25).
$1,250 increase in stocks + $500 increase in bonds
= a total increase of $1,750.
A debt security similar to an IOU called a bond. Bonds are issued by borrowers to attract capital from investors who are ready to lend to them for a certain period of time.
When you buy a bond, you are making a loan to the issuer, which can be a company, government or municipality. In exchange, the issuer agrees to pay you a specific interest rate for the life of the bond and return the bond's principal when it "mature," or becomes due, after a predetermined period of time.
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The question was incomplete. Check below the full question.
A customer owns 500 shares of XYZ stock selling at $15 per share and $20,000 par value of State of Alabama GO bonds selling at 101. If both securities increased by 2 1/2 points, the dollar value of the increase is:
A. $1,200
B. $1,300
C. $1,750
D. $2,500