Why interest rate is important in the economy?

Answers

Answer 1

The reason interest rate is important in the economy is: It influence inflation and borrowing cost.

What is interest rate?

Interest rate is the rate that help a borrower to know how high or low the charges on the amount they borrowed from a lender is.

The interest rate is important in the economy because it help a  borrower to know their borrowing cost. High interest rate may discourage people from borrowing and low interest rate can tend to encourage people to borrow money.

Therefore interest rate  inflation and borrowing cost.

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Related Questions

unfavorable activity variances may not indicate bad performance because blank . multiple choice question. costs should not change as activity changes increased activity should result in higher fixed costs increased activity should result in higher variable costs

Answers

Unfavorable activity variances may not indicate bad performance because increased activity should result in higher variable costs which means that as activity levels increase, the cost of variable resources such as materials or labor may also increase, leading to unfavorable variances.

Unfavorable activity variances may not indicate bad performance because "increased activity should result in higher variable costs."

To explain this further:1. Activity variances occur when there is a difference between the budgeted and actual costs.

2. An unfavorable variance means that the actual costs are higher than the budgeted costs.

3. This may not necessarily indicate bad performance because when activity levels increase, variable costs which are directly proportional to the activity levels, also increase.

4. Therefore, higher variable costs could be a result of increased activity rather than poor performance.

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What is cost plus pricing?

Answers

Answer:

Cost-plus pricing is a pricing strategy in which the selling price, of goods and services, is determined by adding a specific fixed markup percentage to a singular product's unit cost.

At December 31, Hawke Company reports the following results for its calendar year. Cash sales Credit sales $1,614, 180 33,172,000 In addition, ...

Answers

Hawke Company's year-end financial report reveals cash sales of $1,614,180 and credit sales of $33,172,000. The company also reported accounts receivable of $2,800,000.

Hawke Company's year-end financial report showcases the breakdown of their sales for the calendar year. Cash sales amounted to $1,614,180, indicating the total revenue received in cash transactions during the year. This figure represents the immediate inflow of funds to the company, which can be beneficial for meeting short-term financial obligations or reinvesting in the business.

Additionally, the company reported credit sales of $33,172,000, which represents the total value of goods or services sold on credit to customers. Credit sales are sales made on the promise of future payment, typically with an agreed-upon payment period. This figure provides insights into the overall sales volume and the potential revenue that the company expects to receive in the future.

Furthermore, the company disclosed accounts receivable of $2,800,000 in its financial report. Accounts receivable represents the outstanding balances owed to the company by customers who have made purchases on credit. This amount represents the total value of credit sales that are yet to be collected by the company. Managing accounts receivable is crucial for maintaining cash flow and ensuring the timely collection of outstanding debts.

Overall, the figures reported by Hawke Company's year-end financial report shed light on its sales performance, showcasing the revenue generated from cash and credit sales. Additionally, the disclosure of accounts receivable highlights the amount of money owed to the company, which plays a significant role in managing the company's cash flow and financial stability.

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the year the volleyball was introduced​

Answers

Answer:

The Year was 1895

Hope that helps!

For the majority of millennials, the cost of paying off their student loans has wound up holding them back from living on their own, making major purchases like buying home and even being able to start a family…
Trade schools cost a fraction of what public and private schools cost. The average cost of vocational school comes out to around $33,000 – for the entire education. This the average cost of a single year of college.

–"The Financial Case for Trade School Over College," Mel Bondar, US News

According to the text, why is trade school more economical for some students? Select two that apply.

a). The cost of attending trade school is cheaper than the cost of a 4 year college.

b). Trade school graduates make more money than college graduates.

c). The cost of attending a 4 year college is offset by higher earnings in the long run.

d). Students who chose trade school over college often make better financial decisions.

e). Students who graduate from trade school have less debt than college graduates.

Answers

Answer:

A) The cost of attending trade school is cheaper than the cost of a 4 year college.

E). Students who graduate from trade school have less debt than college graduates.

Explanation: I just took the test on a virtual course and got it right. Hope this helps :)

Trade school more affordable for some students cost, according to the text  A trade school is less expensive to attend than a four-year university. Thus option (a, e) is correct.

What is the cost?

A cost is the amount of money that has been spent to produce something or provide a service and is thus no longer accessible for use. In business, the cost could be one of acquisition, in which case the money spent to obtain it is recognized as cost. In this situation, money is the input that is used to purchase the item.

If you set a goal of 5 jars of mayonnaise and only have 2 on hand, you know you need to order 3 more. Private expenses are the costs borne by the buyer of a commodity or service. This is also known as the costs associated with the firm's production function. External costs (also known as externalities) are the costs borne by people other than the buyer.

Therefore, Thus option (a, e) is correct.

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PLEASE I NEED 2 PARAGRAPHS BY MONDAY!

PLEASE I NEED 2 PARAGRAPHS BY MONDAY!

Answers

The four Ps of Marketing is a product, price, place, and promotion. Thus, a lemonade ad should contain all four marketing strategies.

The ad for the lemonade stand will start with a bright yellow catchy brochure, intending the product, i.e, lemonade. The brochure will mention different types of lemonades one will be offering in their stand. The brochure will detail every content in great catchy fonts. Then the product brochure will have the list of prices added next to its menu of products.  

Along with the brochure, there will be SNS platforms promoting the product and there will be a launch for the disclosure of the place of the lemonade stand. The promotion of the product will be included in the local daily newspaper along with the distribution of brochures and on SNS sites.

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Consider the project portfolio problem shown in ¬Figure 11.23 . You are required to manage resources to accommodate the company’s current project portfolio. One resource area, comprising Carol, Kathy, and Tom, is responsible for all program debugging as new projects are completed. Four projects have activities that need to be completed. How would you schedule Carol, Kathy, and Tom’s time most efficiently? Using buffer drum scheduling, reconfigure the following schedule to allow for optimal use of the resource time:
Priority: Project X
Project Y
Project Z
Project Q
Where would you place capacity constraint buffers? Why?

Answers

To schedule Carol, Kathy, and Tom's time most efficiently, you can use buffer drum scheduling. This involves placing capacity constraint buffers strategically to optimize resource time.


1. Identify the projects: Start by identifying the four projects (X, Y, Z, and Q) that need to be completed.

2. Determine project priorities: Assign priorities to the projects based on their importance or deadlines. In this case, the priority order is Project X, Project Y, Project Z, and Project Q.

3. Allocate time for debugging: Determine the time required for Carol, Kathy, and Tom to debug each project. This will depend on the complexity and size of the projects.

4. Schedule resources: Allocate resources to each project according to their priority. Start with Project X and assign Carol, Kathy, and Tom the required time to debug it. Then, move to the next project in the priority list and allocate the remaining available time to Carol, Kathy, and Tom accordingly.

5. Place capacity constraint buffers: Capacity constraint buffers should be placed at critical points in the schedule to prevent resource overloading and ensure optimal use of time. For example, you can place a buffer after each project is completed, allowing some extra time for Carol, Kathy, and Tom to handle unexpected debugging issues or delays.

By following this approach, you can efficiently schedule Carol, Kathy, and Tom's time by prioritizing projects and strategically placing capacity constraint buffers. This will help ensure that the resource time is utilized effectively and any potential issues or delays are accounted for.

Note: The specific placement of capacity constraint buffers may vary depending on the nature of the projects and the availability of resources. It is important to consider the unique characteristics of each project when making scheduling decisions.

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points strictly for jayteedxn

Answers

Oh I am really sorry......1 chance is left anyways.... ;)

Follow me ♡

Answer:

Got it

Explanation:

Question #2
Inflation is created when businesses decide to spend billions on new capital goods.
O Demand-pull
O Supply-Shocks
O Cost-push
O Wage-price spiral

Answers

Cost push inflation is created when businesses decide to spend billions on new capital goods.

What is inflation?

This is the term that is used to refer to the fact that there is an increase in the general price level in a given economy. The period of inflation is usually characterized by a rise in the prices of goods and services with a lot of these being too high for the consumers to purchase.

The cost push is caused when the cost of raw materials have become too much for the businesses to obtain. Hence the Cost push inflation is created when businesses decide to spend billions on new capital goods.

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All of the following are features of blockworks online except: resized diagnostic pane. Onscreen link to known issues. Tax tip selection screen. Always having the most current version. Advanced finish screens

Answers

The correct statement is (c): "The feature 'tax tip selection screen' is not a feature of Blockworks Online."

The feature "tax tip selection screen" is not a feature of Blockworks Online.

Blockworks Online is a tax preparation software developed by H&R Block. Some of its features include:

Resized diagnostic pane: Blockworks Online provides a diagnostic pane that displays alerts and messages for tax return errors, omissions, and other issues. This feature allows users to quickly identify and fix errors in their tax returns.Onscreen link to known issues: Blockworks Online provides an onscreen link to known issues and solutions for common tax return errors and issues. This feature enables users to quickly access solutions and avoid potential tax return errors.Always have the most current version: Blockworks Online is cloud-based, which means users always have access to the most current version of the software. This eliminates the need for manual updates and ensures that users are always using the latest version of the software.Advanced finish screens: Blockworks Online provides advanced finish screens that guide users through the process of reviewing and filing their tax returns. This feature ensures that users have properly completed their tax returns and reduces the likelihood of errors or omissions.

Therefore, the correct statement is: "The feature 'tax tip selection screen' is not a feature of Blockworks Online."

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Acel Co. uses the allowance method to account for bad debts. In January, Acel determined that it could not collect $400 from CTR, Inc. and wrote the balance off. On October 21, Acel received a check for $400 from CTR. The entries to record the receipt of cash on October 21 would include a debit to:_____.
a. Accounts Receivable.
b. Accounts receivable is debited to reinstate"tbecac&unt.
c. Allowance for Doubtful Accounts.
d. Bad Debt Expense.

Answers

Based on the fact that CTR, Inc sent a check to Acel Co, there will be a debit to b. Accounts receivable is debited to reinstate the CTR account.

Which account will be debited?

The Accounts Receivable account will be debited by the Allowance for Doubtful Accounts to bring back the written off debt.

The Account Receivable account will then be credited to cash to account for the cash being received.

In conclusion, option B is correct.

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Lisa loves to draw and has a good eye for what is visually appealing. She wants a job where she can work independently, and possibly be self- employed. Which marketing position best matches her interests and career goals? A. Logistician B. Marketing research analyst O C. Sales representative D. Graphic designer​

Answers

Answer:

D. Graphic designer​

Explanation:

Graphic designers use visual arts such as images, words, and graphics to communicate with their audience. They may use hand or computer software to create captivating messages that inform, inspire, and attract customers' attention.

The objective of marketing is to make customers interested in the company's products. Graphic designers can use their talents to create charming visual arts to make customers want to buy a company's products. Graphic designers can be employed, but the majority work as independent contractors. Lisa has the skills to be a graphic designer. She can practice her talent as a self-employed individual.

Answer:

Graphic designer

Explanation:

I just did it

The data on price and quantity purchased relating to a commodity for 10 months are given
below:Calculate coefficient of correlation between price and quantity.

Answers

Price and number of goods purchased are inversely correlated. Consequently, price rises as quantity rises.

What is data on price ?

Pricing Data is accurate information on the costs of goods that are strikingly comparable to those being purchased. Prices are used interchangeably in this definition to refer to actual selling prices as well as suggested or prospective selling prices. Data pertinent to both primary and subcontract prices are referred to in the definition. Data may consist of specific costs, weights, addresses, names, ages, temperatures, dates, or distances, for instance. Data is a basic type of knowledge and has no meaning or use by itself. In other words, facts must be interpreted in order to have any significance. A pricing list again for new term has been sent by the Contractor to authorized buyers.

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What economic concept is applied in this statement?

By earning higher levels of education, students learn skills and are more likely to be employed. In their jobs, they use their skills to provide goods and services to others.

A.
equilibrium
B.
law of demand
C.
law of supply
D.
negative externality
E.
positive externality
Reset Next

Answers

By earning higher levels of education, students learn skills and are more likely to be employed. In their jobs, they use their skills to provide goods and services to others. The economic concept which is applied in this statement is a positive externality.

What are skills?

Skills refer a set of qualities or abilities an individual carries in order to complete the task. These skills represent the expertise of any individual in terms of knowledge and talents.

When these skills are learned along with the higher level of education it creates an add-on for the career. These skills include communication skills, problem-solving skills, critical thinking, leadership qualities, and so on.

Therefore, option E positive externality is the correct option for the given statement.

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This jacket is so thin. It can't possibly keep out the rain."(Use the boomerang method.)

Answers

Answer:

The jacket is thin because it uses a fiber called thinsulate that enables it to have the lightest weight but is also the warmest.

Explanation:

In general marketing, the boomerang method refers to the 'reconstruction' of the customer's objection into the main reason for buying. In other words, using the same excuse that a customer has about a product to entice him/her to buy that product by reframing it as a selling point is known as the boomerang method.

In the given scenario, the customer's objection is about the thinness of the jacket can be used as a selling point by the salesman by stating that the lightness of the jacket is what makes it a good product. So, if the seller tells the customer "the jacket is thin because it uses a fiber called Thinsulate that makes it thin but also warm", then that will make it an interesting and important factor for the customer to like the product more.

The emergence of sharing economy is bringing many challenges for
customers, regulators, policymakers and businesses. Which are in
your opinion the main Future challenges of the sharing economy and
how

Answers

The emergence of the sharing economy has indeed brought several challenges for customers, regulators, policymakers, and businesses. In my opinion, some of the main future challenges of the sharing economy are:

1. Regulatory Frameworks: As the sharing economy continues to grow, there is a need for updated and comprehensive regulatory frameworks that can address the unique nature of these peer-to-peer transactions. Regulators need to strike a balance between promoting innovation and protecting consumers.

2. Trust and Safety: Building trust and ensuring safety in sharing economy platforms is crucial. Customers need to feel confident that they are engaging in transactions with reliable and trustworthy individuals or businesses. Platforms should implement strict verification processes and safety measures to prevent fraud or any form of harm.

In summary, the main future challenges of the sharing economy include regulatory frameworks, trust and safety, legal issues, market competition, and data privacy. Addressing these challenges will require collaboration between customers, regulators, policymakers, and businesses to create a sustainable and inclusive sharing economy.

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verrett corporation is a manufacturer that uses job-order costing. the company has supplied the following data for the just completed year: raw materials purchased on account $ 475,000 raw materials (all direct) requisitioned for use in production $ 476,000 direct labor cost $ 640,000 manufacturing overhead: indirect labor cost $ 174,000 other manufacturing overhead costs incurred $ 498,000 cost of goods manufactured $1,469,000 cost of goods sold (unadjusted) $1,430,000 what is the journal entry to record raw materials used in production?

Answers

The required journal entry Raw Materials Inventory [Debit] $476,000 Accounts Payable [Credit] $476,000.

What is a journal entry?

A journal entry is a record of a business transaction that is kept in your accounting software. In double-entry bookkeeping, each transaction requires at least two journal entries. Because a transaction can result in numerous changes in a business, a bookkeeper keeps track of all of them with journal entries.

The journal entry to record raw materials used in production is:

Raw Materials Inventory [Debit] $476,000

Accounts Payable [Credit] $476,000

This journal entry reflects the fact that raw materials with a cost of $476,000 were requisitioned for use in production during the year. The Raw Materials Inventory account is debited to record the cost of the materials that were used, and the Accounts Payable account is credited to reflect the fact that the company owes this amount to its suppliers.

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If the value of the goods and services a country produces stays the same
while its population increases, which statement must be true?
O A. The country's unemployment rate has decreased.
O B. The country's total GDP has increased.
O C. The country's per capita GDP has decreased.
O D. The country's rate of inflation has increased.
SUBMIT

Answers

Answer:

C

Explanation:

If the value of the goods and services a country produces stays the same while its population increases The country's per capita GDP has decreased. Thus the correct option is C.

What is a service?

Services are referred to as a type of goods that is offered to someone in terms of facilities like the one received in a restaurant or shopping mall. It is a type of commodity or product that is intangible in nature, one can only feel it.

Final or finished goods are products that are sold in the market to satisfy buyers. This item can be both a good and a service, with a good being something tangible and a service being something intangible.

The output from production and sales within the nation is used to calculate GDP. When computing GDP, exports are added because they represent money entering the market, and imports are deducted because they represent money leaving the market.

Therefore, option C is appropriate.

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The Federal Reserve implemented a series of new policies and tools in response to the 2007-2008 financial crisis and recession. Many economists believe these policies helped avert another Great Depression, but exacerbated what problem in the financial system

Answers

Considering the situation described the many economists believe these policies helped avert another Great Depression but exacerbated the inflation problem in the financial system.

This is because the new policies and tools used to tackle the 2007-2008 financial crisis and recession was based on Keynesian economics.

However, while Keynesian economics concentrates on regulating aggregate demand to solve or prevent economic recessions, it is considered inflationary.

This is because it is believed that these policies encourage lower tax rates and increase the national deficit to ensure there is employment.

However, with more money in circulation, many economists believed it would cause inflation and more income disparity.

Hence, in this case, it is concluded that the correct answer is Inflation.

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Which of Edgar Schein's common elements unifies employees and gives everyone an understanding of the organization's reason for being?
Multiple Choice
a. coordinated effort
b. division of labor
c. hierarchy of authority
d. span of control
e. common purpose

Answers

The answer is e. common purpose. According to Edgar Schein, common purpose is a key element that unifies employees and gives them a shared understanding of why the organization exists and what it aims to achieve.

This sense of common purpose helps to align individual goals with organizational goals and motivates employees to work towards a shared vision. It also creates a sense of belonging and identity among employees, which can lead to increased job satisfaction and commitment. Common purpose is especially important in today's complex and rapidly changing business environment, as it helps organizations to adapt and respond to new challenges and opportunities. By fostering a shared sense of purpose and direction, organizations can build a strong and cohesive culture that supports long-term success. Edgar Schein, a renowned organizational psychologist, emphasized the importance of common purpose in unifying employees and giving them a shared understanding of the organization's reason for being. A common purpose serves as a foundation that aligns the actions and behaviors of employees, fostering a sense of unity and collaboration. By working towards a shared goal, employees are more likely to feel motivated and committed to the organization's success.

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In the model of aggregate demand and aggregate supply, the initial impact of an increase in consumer optimism is to?

Answers

In the model of aggregate demand and aggregate supply, the initial impact of an increase in consumer optimism is to shift aggregate demand to the right.

What is aggregate demand?

The total quantity of demand for all finished products and services generated in an economy is measured as aggregate demand. The total amount of money spent on those goods and services at a particular price level and time is known as aggregate demand.

The entire quantity of demand for all finished products and services produced in an economy is measured by aggregate demand.

The entire amount of money spent on those goods and services at a particular price point and time is referred to as aggregate demand.

All consumer products, capital goods (factories and equipment), exports, imports, and government spending make up aggregate demand.

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what do you prefer local fundraising or global fundraising and why? (just one reason)

Answers

Answer:

Doing local fundraising for a large organization can sometimes seem complicated and unwieldy.  Whether you are running a local affiliate of a large national organization, or are responsible for raising funds in a single neighborhood for a small, city-wide charitable group, raising local money for larger groups presents a unique challenge. I prefer local fundraising

global fundraising

Explanation:

because you can help people without water and electricy

The role of an assumption in an economic theory is to: Select one: add realism. prove the theory. increase the scope of application. simplify the theory. The following economy produces two products.

Answers

The role of an assumption in an economic theory is to simplify the theory. Assumptions are made to create a simplified framework that allows economists to analyze and understand complex economic phenomena.

By making certain assumptions, economists can focus on specific relationships or variables of interest while holding other factors constant. These simplifications help in developing models and theories that provide insights into economic behavior and outcomes. While assumptions may not capture the full complexity of real-world situations, they enable economists to make predictions, analyze trade-offs, and derive general principles that can be applied to a wide range of economic scenarios. Assumptions serve as building blocks for economic theories, allowing for clearer analysis and understanding of economic concepts.

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Pleeeeaasseee help

Recall the four reasons some people favor trade restrictions. Give an example from the U.S. economy that you think best fits each reasons

Answers

Answer:

Explanation:

Some measures that check commercial processes are internal to countries, such as the liberalization of trade in services, the elimination of barriers and the creation of mechanisms to protect foreign investors, competition and public procurement policies, and labor standards.

Select the correct answer.
Elite Inc. has the following balances: Cash ($1,000), Equipment ($10,000), Salaries payable ($5,000), Building ($15,000), Land ($50,000), Equity ($50,000), and Loan payable ($10,000). An accountant prepares a Trial Balance, and it does not tally due to an unknown error. Which amount would the accountant record in a suspense account?
A.$12,000
B.$11,000
C.$13,000
D.$9,000
E.$10,500

Answers

Answer:

I went with c

Explanation:

Answer:

B. $11000 | Equipment

Explanation:

Equipment + Cash

which of the following cases would be least likely to result in a manager creating an exception in a company's dress code.

A. Sam wants to wear jeans to work because he finds dress pants uncomfortable.

B. Lila wants to wear a headscarf to work for significant religious reasons.

C. Jimmy wants to wear sneakers to work because he has a foot injury that makes wearing shoes painful.

D. Felicia wants the company to allow all employees to wear casual clothing on Fridays.

This is for accounting.

Answers

A, Sam wants to wear jeans to work because he finds dress pants uncomfortable.

Assuming this is in the United States, Lila would have the religious freedom to wear her headscarf. Jimmy's foot is injured, and therefore his foot needs special attention and care. Also, Jimmy will stop wearing sneakers to work after his foot recovers. In Felicia's proposal, all employees will be wearing casual clothes on Fridays, not just one specific person. Sam wants to wear jeans just because he finds them uncomfortable. He's not injured, protected by religious freedom, or affecting all the employees. It's just an exception for him. Therefore, the answer is A.

Consider two perfectly negatively correlated risky securities A and B. A has an expected rate of return of 10% and a standard deviation of 16%. B has an expected rate of return of 8% and a standard deviation of 12%. What is the weight of Security A in the global minimum variance portfolio? Format your answer as a percent to 2 decimal places. (e.g. XX.XX% do not show % sign)

Answers

Answer:

0.43

Explanation:

The computation of the weight of Security A for the minimum variance portfolio is shown below:

Weight of security A is

= (Standard deviation of Security B) ÷ (Sum of the standard deviation of securities)

= (12%) ÷ (16% + 12%)

= (12%) ÷ (28%)

= 0.43

We simply applied the above formula so that the weight of Security A

The three-step analysis to determine cash provided or used by investing activities includes?

Answers

The three-step analysis to determine cash provided or used by investing activities includes: identifying changes in investing-related accounts, reporting the cash flow effects and explaining the changes using T-accounts and reconstructed entries.

What do you mean by Cash Flow statement?

A cash flow statement is a financial statement that exhibits how modifications in the accounts of the balance sheet and income impact cash and cash equivalents, and breaks the analysis down to operating, investing and financing activities.

In analysing cash flows in a business there are three types of cash flow: from operating activities, from investing activities, and from financing activities.

Cash flow from investing activities involves cash used for various investments over a particular period. This can include purchase of property, equipment, acquisition of other businesses, and investment in marketable securities.

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Connie thinks that her salary and tax rate for next year will be lower than for this year. What step should she take to minimize her taxes in the current year? Select one: a. Accelerate receipt of income. b. Delay deductions. c. Practice tax evasion. d. Accelerate deductions. e. None of these will allow her to minimize her taxes.

Answers

Answer:

d. Accelerate deductions

Explanation:

Tax acceleration is a way that a taxpayer is able to hasten tax deduction.

Taxi is paid in the year that it was incurred instead of in the subsequent year.

This way tax expense that will be paid from the current year is reduced and tax income will increase.

In the given scenario where Connie thinks that her salary and tax rate for next year will be lower than for this year, the best way to minimise her tax expense starting this year is by tax acceleration

please help

Why is engaging communication a two-way process?

Answers

Answer:

Two-way communication allows both participants to exchange ideas, they can develop a sense of mutual understanding. The result is a better relationship between them. Increase effectiveness

Effective communication depends on the proper understanding of the message by the sender and receiver.

Explanation:

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