Many communities today are concerned with their local government’s ability to appropriately manage the taxes it collects. if a government spends more money on expenditures than it collects in taxes, it may end up with not enough money, called deficit. which of the following could result in a county government budget in deficit?
a.
the government raises sales and property taxes without adjusting expenditures.
b.
the county closes a fire station, reducing expenditures, without adjusting taxes.
c.
the county gives all public school teachers a $2,000 raise without adjusting taxes.
d.
the county collects donations to build a fountain in city hall.
Answers: 3
Business, 21.06.2019 15:50
2. you take $100 you had kept under your mattress and deposit it on your bank account. if this $100 stays in the banking system as reserves and if banks hold reserves equal to 10% of deposits, by how much does the total amount of deposits in the banking system increase? by how much does the money supply increase?
Answers: 3
Business, 21.06.2019 20:30
1. gdp is calculated by summing consumption, investment, and exports of all final goods and services produced within the borders of a given country during a specific period the dollar value of all final goods and services produced within the borders of a given country during a specific period government expenditures within the borders of a given country during a specific period the quantity of all final goods and services produced within the borders of a given country during a specific period
Answers: 3
Business, 22.06.2019 02:50
Wren pork company uses the value basis of allocating joint costs in its production of pork products. relevant information for the current period follows: product pounds price/lb. loin chops 3,000 $ 5.00 ground 10,000 2.00 ribs 4,000 4.75 bacon 6,000 3.50 the total joint cost for the current period was $43,000. how much of this cost should wren pork allocate to loin chops?
Answers: 1
Many communities today are concerned with their local government’s ability to appropriately manage t...
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