Because of the automatic stabilizers, a decline in the level of economic activity will cause: a. A
Question:
Because of the automatic stabilizers, a decline in the level of economic activity will cause:
a. A reduction in tax revenues collected.
b. An increase in government spending.
c. A greater budget deficit.
d. All of the above.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (1 review)
d A...View the full answer
Answered By
Akshay Agarwal
I am a Post-Graduate with a specialization in Finance. I have been working in the Consulting industry for the past 8 years with a focus on the Corporate and Investment Banking domain. Additionally, I have been involved in supporting student across the globe in their academic assignments and always strive to provide high quality support in a timely manner. My notable achievements in the academic field includes serving more than 10,000 clients across geographies on various courses including Accountancy, Finance, Management among other subjects. I always strive to serve my clients in the best possible way ensuring high quality and well explained solutions, which ensures high grades for the students along-with ensuring complete understanding of the subject matter for them. Further, I also believe in making myself available to the students for any follow-ups and ensures complete support and cooperation throughout the project cycle. My passion in the academic field coupled with my educational qualification and industry experience has proved to be instrumental in my success and has helped me stand out of the rest. Looking forward to have a fruitful experience and a cordial working relationship.
5.00+
179+ Reviews
294+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
BlackRock is planning to make an equity investment in PayPal Inc. They need the expected rate return on this investment to compare it to an alternative investment. Use the CAPM to find it. The...
-
Informational social influence occurs because individuals have a need to belong and be liked social norms encourage cooperation others' behaviors serve as cues in ambiguous situations others can...
-
Many organizations, institutions, and agencies are using social media content to evaluate individuals for employment or acceptance into their institution. What are the benefits and risks associated...
-
8. Explain how electric forces are like gravitation forces and how they differ.
-
A solid cylinder of radius R and length L carries a uniform charge density + between r = 0 and r = R s and an equal charge density of opposite sign, , between r = Rs and r = R. What must be the...
-
What is the amount of gross profit in Case 1? What is the amount of cost of goods sold for Case 1? With solution please! I keep getting the wrong numbers and I'm not sure what I'm doing incorrectly....
-
Describe the activities of three different managerial roles in an organisation. LO.1
-
You are considering buying stock A. If the economy grows rapidly, you may earn 30 percent on the investment, while a declining economy could result in a 20 percent loss. Slow economic growth may...
-
Using the following information, compute EARNINGS PER SHARE. Cost of Goods Sold Interest Expense Selling and Administrative Expense Cash Sales Wages Payable Dividends Retained Earnings (beginning) $...
-
Complete the entire pay cycle process by calculating gross to net pay, employer premium amounts and complete required accounting entries. Sandra works in British Columbia and is paid on a...
-
Which of the following statements is true? a. A reduction in tax rates along the downward-sloping portion of the Laffer curve would increase tax revenues. b. According to supply-side fiscal policy,...
-
To combat a recession, Keynesian fiscal policy recommends: a. An increase in taxes. b. An increase in government spending. c. An increase in taxes and a decrease in government purchases to balance...
-
Harman International Industries is a world-leading producer of loudspeakers and other electronics products, which are sold under brand names like JBL, Infinity, and Harman/Kardon. The company...
-
PP Company purchases a material that is then processed to yield three chemicals: anarol, estyl, and betryl.In June, PPC purchased 10,000 gallons of the material at a cost of $250,000, and the company...
-
Suppose Boyson Inc. free cash flow for the next year is $ 1 5 0 , 0 0 0 and the FCF is expected to grow a concert rate of 6 . 5 % if WACC is 1 2 . 5 % what is the market value of the firm?
-
An eight lane urban freeway (four lanes in each direction) is on rolling terrain and has 11-ft lanes with a 4-ft right-side shoulder. The interchange density is 1.25 per mile. The base free-flow...
-
For the following business events, please indicate the increase (+) or decrease (-) on the following income statement and balance sheet categories. If there is no effect, leave the box blank. If...
-
4. Change the magnet to the original orientation and drag through the coil. a. What happens to the voltage and light bulb as the North Pole moves through the coil? b. What happens to the voltage and...
-
Consider the Cox, Ingersoll, and Ross model where the current short-term rate is 2%, the long- run mean is 6%, the instantaneous standard deviation is 10%, and the rate of adjustment is 0.4. Derive...
-
DC has unused FTC carryover from 2017 in the separate category for GC income as the result of income generated by a foreign branch. The income was foreign source general category income. In 2018 the...
-
Use the graph to answer each of the following questions: a. What is Italys opportunity cost of producing one computer?b. What is Japans opportunity cost of producing one computer?c. Which country has...
-
Which of the following would not shift the money demand curve to the right? a. A decrease in the interest rate b. An increase in the price level c. An increase in real GDP d. A computer glitch that...
-
Explain two reasons why a person might hold money other than for day-to-day purchases.
-
Estimate the intrinsic value of the stock company ABC. Dividends were just paid at $8 per share and are expected to grow by 5%. You require 20% on this stock given its volatile characteristics. If...
-
Crane, Inc., a resort management company, is refurbishing one of its hotels at a cost of $6,794,207. Management expects that this will lead to additional cash flows of $1,560,000 for the next six...
-
Match each of the following transactions with the applicable internal control principle that is being violated
Study smarter with the SolutionInn App