Business, 28.05.2020 17:57 robert7248

Built-in stability means that:.

a. with given tax rates and expenditures policies, a rise in domestic income will reduce a budget deficit or produce a budget surplus, while a decline in income will result in a deficit or a lower budget surplus.

b. an annually balanced budget will offset the procyclical tendencies created by state and local finance and thereby stabilize the economy.

c. congress will automatically change the tax structure and expenditure programs to correct upswings and downswings in business activity.

d. government expenditures and tax receipts automatically balance over the business cycle, though they may be out of balance in any single year.

Answers: 2

Show answers

Another question on Business

Business, 22.06.2019 22:00

Brody corp. uses a process costing system in which direct materials are added at the beginning of the process and conversion costs are incurred uniformly throughout the process. beginning inventory for january consisted of 1,050 units that were 65% completed. 10,900 units were started into the process during january. on january 31, the inventory consisted of 500 units that were 50% completed. what would be the equivalent units for direct materials cost using the weighted average method?

Answers: 2

Answer

Business, 23.06.2019 00:00

Which of the following statements is not correct? the stock of publicly owned companies must generally be registered with and reported to a regulatory agency such as the sec. when stock in a closely held corporation is offered to the public for the first time, the transaction is called "going public, or an ipo," and the market for such stock is called the new issue or ipo market. "going public" establishes a firm's true intrinsic value and ensures that a liquid market will always exist for the firm's shares. if you wanted to know what rate of return stocks have provided in the past, you could examine data on the dow jones industrial index, the s& p 500 index, or the nasdaq index.

Answers: 1

Answer

Business, 23.06.2019 00:00

The gorman group is a financial planning services firm owned and operated by nicole gorman. as of october 31, 2016, the end of the fiscal year, the accountant for the gorman group prepared an end-of-period spreadsheet, part of which follows:

Answers: 2

Answer

Business, 23.06.2019 10:00

Which statement was true in the past but is not generally true today? a. the training and education costs for some jobs will prohibit some people from entering that career be b. young people tend to go into the same job that their parents and grandparents did see c. people need a basic level of education before they meet requirements to professional schools d. people will probably have more than one job in their active working lives

Answers: 1

Answer

You know the right answer?

Built-in stability means that:.

a. with given tax rates and expenditures policies, a ris...

Questions