The county collects taxes on behalf of the county, city, and a special purpose district. For 2023, the taxes to be levied by the government are County $ 720,000
City 848,000
Special purpose district 32,000
Total $ 1,600,000
On the date the taxes are collected, the county would credit which of the following in the fund?
Due to Other Funds and Governments.
Taxes Receivable.
Additions—Property tax collections for other governments.
Undistributed Taxes.
To record the 1 percent administrative fee the county assesses, it would record a debit to which of the following in the fund?
a. Deductions—Administrative fee.
b. Receivable—Administrative fee.
c. Expenses—Administrative fee.
d. Due to County.
If the fund collected $1,280,000 in taxes what amount of cash would the special purpose district receive if taxes are proportionally distributed?
a. $25,600.
b. $25,344.
c. $25,856.
d. Not enough information to determine amount received.

The management at a pesticide manufacturing company has observed a decline in quality measures. the managers ask robin, the firm's hr manager, to investigate whether training might solve the problem. robin conducts needs assessment and recommends a training plan. which of the following conditions would most likely have been an observation during robin's person analysis?

If the government is required to balance the budget and the economy falls into a recession, which of the actions is a feasible policy response? cut taxes to encourage consumer spending invest in infrastructure increase government spending to stimulate the economy cut spending equal to the reduction in tax revenue what is a likely consequence of this policy? unemployment falls due to the economic stimulus. the negative consequences of the recession are magnified. consumer spending increases due to their ability to keep more of their after-tax income. there is hyperinflation due to an increase in aggregate demand.

Aprice ceiling is “binding” if the price ceiling is set below the equilibrium price. suppose that the equilibrium price is $5. if a price ceiling is set at $6, this will not affect the market in any way since $5 remains a legally allowable price (since $5 < $6). a price ceiling of $6 is called a “non-binding” price ceiling. on the other hand, if the price ceiling is set at $4, the price ceiling is “binding” because the natural equilibrium price is $5 but that is no longer allowed. what happens when there is a binding price ceiling? at a price below the equilibrium price, quantity demanded exceeds quantity supplied. there is a shortage. normally, price increases eliminate shortages by increasing quantity supplied and decreasing quantity demanded. in this case, however, price increases are not allowed past the price ceiling. we therefore predict that the observed market price will be right at the price ceiling and there will be a permanent shortage. the observed quantity bought and sold will be dictated by the quantity supplied at the price ceiling. although consumers would like to buy more, there are no more units for sale