Business, 29.10.2019 02:31 haftjnd9156
Suppose a country has a consumption tax that is similar to a state sales tax. if its government were to eliminate the consumption tax and replace it with an income tax that includes an income tax on interest from savings, what would happen? a. there would be no change in the interest rate or saving. b. the interest rate would decrease and saving would increase. c. the interest rate would increase and saving would decrease. d. none of the above is correct.
Answers: 2
Business, 22.06.2019 03:00, zelds63481
Which of the following is an effective strategy when interest rates are falling? a. use long-term loans to take advantage of current low rates. b. use short-term loans to take advantage of lower rates when you refinance a loan. c. deposit to a short-term savings instrumentals to take advantage of higher interest rates when they mature. d. select short-term savings instruments to lock in earnings at a current high rates.
Answers: 1
Business, 22.06.2019 12:10, gingerham1
Laws corporation is considering the purchase of a machine costing $16,000. estimated cash savings from using the new machine are $4,120 per year. the machine will have no salvage value at the end of its useful life of six years and the required rate of return for laws corporation is 12%. the machine's internal rate of return is closest to (ignore income taxes) (a) 12% (b) 14% (c) 16% (d) 18%
Answers: 1
Business, 23.06.2019 01:30, jasoncarter
Why would adjusting the money supply be expected to increase economic growth during a recession? a) increasing the money supply will encourage more saving. b) increased money supply will encourage more spending and investment. co) decreased money supply will encourage more spending and investment. d) recession is caused by too much
Answers: 3
Suppose a country has a consumption tax that is similar to a state sales tax. if its government were...
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