You are provided with the following transactions that took place during a recent fiscal year. Transaction Where Reported on Statement Cash Inflow, Outflow, or No Effect? (a) Recorded depreciation expense on the plant assets. (b) Recorded and paid interest expense. (c) Recorded cash proceeds from a sale of
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1.) While deciding that the country is in a recession, what are the three tools of fiscal policy that can alleviate a recession? 2.) What fiscal policy tools are available to combat inflation within an economy? 3.) What is the definition of a budget deficit? 4.) How does a government finance a budget deficit?
Multiple choice questions Answer the following 24 multiple choice questions. Please indicate your answer by either highlighting in green or Bolding the correct answer (if you don't have the Highlight command on your Word menu, right click in the menu area and add a check mark next to either the Formatting or Drawing toolba
The reference organization is Wal-mart. Please address the following questions: 1. To what extent, if any, does Wal-mart feel itself affected by Federal tax policy? Do you see any major changes forthcoming as a result of reading the CBO's budget outlook? 2. Do you see any major changes forthcoming as a result of incre
Assume that the economy is already in a recession, and both the President and Congress have decided to do something to restore the economy. Both agree that lowering taxes would not be a good idea, but do believe that it is in the best interest of the economy to increase government spending in defense, education & infrastructure.
What's the fiscal policy? Which factors limit its effect ( i.e. crowding out, the impacts of financing government's spending) . Why you would advocate either expansionary or contractionary policy under recession, and growth. Please discribe your position on expansionary policy and Contractionary policy. If niether, why? Describe
For part A my answer was... No, they are not in equilibrium. Equilibrium income level is $150. If the government takes no action then there will be an unplanned inventory increase and firm will have an incentive to cut back output. For part B and C the government must adjust spending to achieve full employment??? For par
There is only one correct answer per question. select the best answer, even when there are other correct answers. 1 If the Fed reduces a commercial bank's reserve requirements the commercial bank can a lend the extra reserve to the Fed b Use the extra reserve to create more money c eliminate it
Hi, I need some assistance with the following question: Fiscal Policy under the Obama Administration: The pattern of spending and revenues by the federal government in the next 10 years (and even the next 50 years) looks problematic. On the other hand, the zero lower bound on nominal interest rates suggests that conventional
Week 2: Discussion Questions 1. Explain the different viewpoints of Classical and Keynesian economists. How did the economy that existed at the time these theories were developed influence these theories? Which theory seems to be more appropriate for the economy today? 2. Why do Keynesian economists believe that marke
Can someone please show me how to do part d? I am not sure how to tackle that part. Delta Corporation earned $ 2.50 per share during fiscal year 2008 and paid cash dividends of $ 1.00 per share. During the fiscal year that just ended on December 31, 2009, Delta earned $ 3.00 per share, and the firms managers expect to earn t
In light of recent events, in an open economy like the US, assuming a zero current account balance. What happens to investment, real interest rates, current account balance and national saving of the US economy with the following events? a. The US Congress and Mr. Obama introduce a "buy only American" policy in its legis
Discuss the properties of the Aggregate Demand Aggregate Supply model and how fiscal policies shift the curves and affect the macro economy.
A). In the basic supply and demand analysis, we usually look at the demand curve and the supply curve for one commodity in a market. When we look at the macro economy, the corresponding terms are called Aggregate Demand (AD) and Aggregate Supply (AS). What do these two curves AD and AS represent and discuss their properties.
Measuring Economic Health Memo Prepare a 350-700-word memo addressing the following: a. Describe the use of Gross Domestic Policy (GDP) to measure the business cycle. b. Describe the roles of government bodies that determine national fiscal policies. c. Explain the effects of fiscal policies on the economy's producti
In 2003, the Internal Revenue Service began to mail out refund checks because of a change in the tax law. Economic forecasters predicted that consumption and GDP would increase because of higher refunds on income taxes. Pretend as if you are an economist and explain your thoughts on whether the tax cuts from the past few yea
What kind of gap?inflationary or recessionary?will the economy face after the shock, and what type of fiscal policies would help move the economy back to potential output?
3. An economy is in long-run macroeconomic equilibrium when each of the following aggregate demand shocks occurs. What kind of gap?inflationary or recessionary?will the economy face after the shock, and what type of fiscal policies would help move the economy back to potential output? a. A stock market boom increases the value
Task: Write a response explaining why time lags in discretionary fiscal policy can adversely affect the efforts of the Congress and the President in attempting to maintain a healthy economy. Could it happen that these time lags could actually work to destabilize the economy? Objective: - Identify current trends in macro
Please help with the following problem. Provide at least 300 words in the solution. How have US economic or fiscal policies affected employment rates? What US economic or fiscal policies might affect the growth or decline of the automotive industry? Have US economic or fiscal policies affected the pricing of autos?
Can anyone help clarify? All I need are a couple of sentences to explain these questions. 1. What is the final impact of contractionary fiscal policy on the price-level and real output? 2. What is the final impact of expansionary fiscal policy on the price-level and real output? 3. What are the impacts of an easy mo
Explain the pros and cons of using a change in the tax rate to achieve the desired increase in output. Be sure to thoroughly explain how the change will affect equilibrium prices, output, and unemployment. Explain the pros and cons of using a change in open market operations to achieve the desired increase in output. Be sure
Suppose the tax rate on interest income is 25 percent, the real interest rate is 4 percent, and the inflation rate is 4 percent.
* 1. Suppose the tax rate on interest income is 25 percent, the real interest rate is 4 percent, and the inflation rate is 4 percent. In this case, the real after-tax interest rate is a. .5% b. 3.5% c. 4.0% d. 2.0% * 2. With a steep short-run aggregate supply curve, a. an increase in government spending will not hav
Suppose the economy is suffering from a recession. What policies would you implement to help the economy reach full employment?
Suppose the economy is suffering from a recession. What policies would you implement to help the economy reach full employment? What are the benefits and shortcomings of these policies?
Part I Determine whether each of the following is an example of a discretionary fiscal policy action. Give reasons to support your answer. a. A recession occurs, and government-funded unemployment compensation is paid out to laid-off workers. b. Congress votes to fund a new jobs program designed to put unemployed workers to
Depreciation calculation methods. Kleener Co. acquired a new delivery truck at the beginning of its current fiscal year.
I'm have big problems in this class and I get my answers but not exactly. I want to make sure that I am doing it correctly. I know first one is SL=26,000/8 years Depreciation calculation methods. Kleener Co. acquired a new delivery truck at the beginning of its current fiscal year. The truck cost $26,000 and has an est
Could someone help me find a good article that relates to fiscal policy and economic concepts? I need to write an article analysis but I am having trouble finding a good article that would work. Thanks so much!
12. Explain how fiscal policy may possibly affect the short-run aggregate supply curve. 13. How does classical economics explain its confidence in the ability of natural forces to return the economy to its potential level of real GDP? 14. What were the reasons for establishing the Federal Reserve System as 12 Reserve banks r
How can fiscal policy be used to correct a recessionary GDP gap? What are some complications?
Do you have any articles or notes relating to: "Find an article pertaining to Fiscal Policy Analysis. Write about taxes and government spending and fiscal policy in general."
Who is the chairman of the Federal Reserve Board. What is his background? What does he believe? How effective has he been?
I need some assistance with the following for my Economics for Business class: 1.True or false: The Federal Reserve Board is the nation's number one inflation fighter. Discuss why. 2.Who is the chairman of the Federal Reserve Board. What is his background? What does he believe? How effective has he been? Discuss further.