Last month unemployment fell to 4 percent, its lowest level in years. The economy is growing rapidly, but consumer prices have risen at an annual rate of 10 percent during the last six months. Which of the following policies would be most appropriate under these circumstances?A reduction in taxes.An increase in taxes.An increase in both government spending and taxes.An increase in government spending.

Answers

Answer 1
Answer:

Answer:

An increase in taxes.

Explanation:

A rise in the prices is indications that the inflation rate is high.  Policymakers should intervene by introducing contractionary measures that will counter the rising inflation. Fiscal policy measures, such as increasing taxes, reduce inflationary pressures without the risk of causing a recession.

Increase taxes reduces the purchasing power of businesses and individuals, thereby reducing the aggregate demand.  A reduction in aggregated demand lowers production levels, which results in low inflation but increases the unemployment rate.


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Surfer sam company produced 4,000 units of product that required 2.5 standard hours per unit. the standard fixed overhead cost per unit is $0.80 per hour at 10,500 hours, which is 100% of normal capacity. determine the fixed factory overhead volume variance.

Answers

The fixed factory overhead volume variance is $400 (unfavorable)

solution

Fixed Overhead Volume Variance = Applied Fixed Overhead – Budgeted Fixed Overhead

Applied Fixed Overhead= 4,000 units ×2.5 hrs per unit×$0.80 = $8000

Applied Fixed Overhead= 4,000 units ×2.5 hrs per unit×$0.80 = $8000

and

Budgeted Fixed Overhead =10,500 hrs × $0.80 = $8400

Budgeted Fixed Overhead =10,500 hrs × $0.80 = $8400

Fixed Overhead Volume Variance = $8000- $8400 = $400 (unfavorable)

Fixed Overhead Volume Variance = 8000- 8400 = 400 (unfavorable)

Assume that Tom and Mason are in the 24% marginal tax bracket and the actual before-tax cost for Tom to drive to and from work is $0.30 per mile. What are Tom's and Mason's after-tax costs of commuting to and from work

Answers

The question incomplete! The complete question along with answer and explanation is provided below.

Question:

Eagle Life Insurance Company pays its employees $.30 per mile for driving their personal automobiles to and from work. The company reimburses each employee who rides the bus $100 a month for the cost of a pass. Tom, in his Mazda 2-seat Roadster, collected $100 for his automobile mileage, and Mason received $100 as reimbursement for the cost of a bus pass.

a. What are the effects of the $100 reimbursement on Tom's and Mason's gross income?

b. Assume that Tom and Mason are in the 24% marginal tax bracket and the actual before-tax cost for Tom to drive to and from work is $0.30 per mile. What are Tom's and Mason's after-tax costs of commuting to and from work?

Explanation:

a.

For Tom:

He is required to include the $100 in gross income therefore, he would have to pay after-tax cost on the reimbursement.

For Mason:

He is not required to include the $100 in gross income due to qualified transportation fringe.

b.

For Tom:

Marginal tax = 24%

The after-tax cost of commuting = 0.24*$100 = $24

The before-tax cost of commuting = $0 (since he was reimbursed)

For Mason:

The after-tax cost of commuting = $0

The before-tax cost of commuting = $0 (since he was reimbursed)

It is not important to develop effective communication skills.Please select the best answer from the choices provided.
True?
False?

Answers

Answer:

FALSE

Explanation:

This is totally false. Communication is the way human beings express themselves and must be improved throughout their lives. An efficient communication language is capable of generating gains in all fields of a person's life, especially in professional life. Speaking efficiently is a way to convey the message objectively and clearly to the other party. Companies value this very much.

Final answer:

Developing effective communication skills is important in personal relationships, professional settings, and society as a whole.

Explanation:

Developing effective communication skills is highly important in various aspects of life. These skills enable individuals to convey their thoughts and ideas clearly, leading to better understanding and cooperation in personal relationships, professional settings, and even in society as a whole. Effective communication skills involve listening actively, using nonverbal cues, and choosing appropriate language and tone.

For example, in a business setting, having strong communication skills can help individuals succeed in job interviews, build rapport with colleagues, and effectively convey their ideas and plans to clients or superiors. In personal relationships, effective communication skills contribute to resolving conflicts, expressing emotions, and building trust.

Overall, the development of effective communication skills is crucial for success and harmonious interactions in various areas of life.

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Jefferson Inc. is an information technology consulting firm located in Washington D.C. Decisions at Jefferson are complex and involve many people, with a significant amount of disagreement and conflict. Which decision-making model fits best for this organization?

Answers

Answer: Political model for decision making

       

Explanation: Under the political model, it is assumed that every activity of the organisation is political and ideological. Thus, in such a structure every problem calls for extensive debate and discussions with every stake holder regarding the solution.

In the given case, Jefferson firm involve many people in their decision making as majority of decisions are complex.

Hence political model best fits it.

Which energy pathway can a person without the ability to see color work in.a.generation

b.distribution

c.transmission

d.nuclear power

Answers

The energypathway that a person can work without the ability to see the color is generation. The correct option is A.

What is energy pathway?

According to the US Energy Information Administration, natural gas, nuclear energy, and coal will generate the majority of the country's electricity in 2020.

Renewable energy sources such as wind, hydropower, solar power, biomass, wind, and geothermal are also used to generate electricity.

Energy pathways are the paths that energy sources take from a producer to a consumer. They are an important part of energy security, but they are vulnerable to disruption.

Power generation systems are simply the combination of a potential or stored energy converter that generates kineticenergy.

This is then converted into electricpower for use in motors, lighting, heating, and other modern conveniences.

Generation is an energy pathway in which a person can work without being able to see color.

Thus, the correct option is A.

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Your answer to this question is 
Answer=A: Generation

The business writer Michael Lewis has quoted Michael​ Burry, a fund​ manager, as​ saying: "I also immediately internalized the idea that no school could teach someone how to be a great investor. If that were​ true, it'd be the most popular school in the​ world, with an impossibly high tuition. So it must not be​ true." Do you agree with​ Burry's reasoning?

Answers

Answer:

Yes, I agree with Burry's reasoning because investing is something one learn overtime to perfect, in their own particular way. Being a good and successful investor, one should have a combination of factors such as the ability to analyse the market health, keep up to date with what is going on in the world, and may other knowledge. Different successful investors have different skills and ability to invest in their field of business that they took time to practice until they become good in their investing journey.