NEED HELP ASAP! Which of the following graphs represents the housing market with rent control in place?

NEED HELP ASAP! Which Of The Following Graphs Represents The Housing Market With Rent Control In Place?
NEED HELP ASAP! Which Of The Following Graphs Represents The Housing Market With Rent Control In Place?

Answers

Answer 1

Answer:

The first graph represents the housing market with rent control fully in place.  In such a housing market, rent does not get out of hand before government intervention.

Explanation:

With the first graph, t the market could not reach the equilibrium point without the rent control stopping the market forces of supply and demand from exceeding a controlled price (rent).  It shows the effect of price control on the market dynamics.  With a control on the price (house rent by government), a certain price is imposed on the suppliers and consumers so that they do not go above the prescribed limit.  This is what obtains in a controlled economy.  On the other hand, in a free market, government does not intervene with control mechanisms, instead it allows the market forces to interact, enabling aggregate production and consumption of goods and services.


Related Questions

Agencies of redistribution a. comprise the welfare, fiscal, and monetary agencies responsible for transferring hundreds of billions of dollars annually. b. focus in part on banks, credit, and currency, but avoid taxing and spending activities. c. are exemplified in the Federal Reserve System, the Treasury Department, and the Social Security Administration. d. are responsible for the regulation of economic and social affairs.

Answers

Answer:

a. comprise the welfare, fiscal, and monetary agencies responsible for transferring hundreds of billions of dollars annually.

Explanation:

Agencies of redistribution comprise the welfare, fiscal, and monetary agencies responsible for transferring hundreds of billions of dollars annually.

Examples of the agencies of redistribution in the United States of America are the Social Security Administration and Federal Reserve System is saddled with one responsibility such as promoting the citizen's well-being.

Rolando works for an S corporation for which he is the sole shareholder. Although he provides an extensive amount of services on behalf of the S corporation, he does not pay himself any salary, electing only to make distributions to himself at year end. How might the IRS treat those distributions

Answers

Answer:

The IRS treats an S corporation as a pass through entity, this means that it is not taxed directly like a C corporation, instead, its shareholders are taxed. In this specific case, Rolando must pay taxes as ordinary income for all the net profits (or losses if the case) that result from the S corporation's activity.

Using the following balance sheet and income statement data, what is the debt to assets ratio? Current assets $14,000 Net income $ 21,000 Current liabilities 8,000 Stockholder's Equity 39,000 Average assets 80,000 Total liabilities 21,000 Total assets 60,000 Average common shares outstanding was 10,000.

Answers

Answer:

35%

Explanation:

The following information were derived from a balance sheet and income statement data

Current assets is $14,000

Net income is $21,000

Current liabilities is 8,000

Stock holders equity is 39,000

Average assets is 80,000

Total liabilities is 21,000

Total assets is 60,000

Therefore, the debt to assets ratio can be calculated as follows

= Total liabilities/Total assets

= 21,000/60,000

= 0.35×100

= 35%

Hence the debt to assets ratio is 35%

Suppose you know a company's stock currently sells for $90 per share and the required return on the stock is 8 percent. You also know that the total return on the stock is evenly divided between a capital gains yield and a dividend yield. If it's the company's policy to always maintain a constant growth rate in its dividends, what is the current dividend per share?

Answers

Answer: $3.46

Explanation:

Given the following :

Current share price (P0) = $90 per share

Required return on stock= 8%

total return on the stock is evenly divided between a capital gains yield and a dividend yield ;

Therefore, Required return on stock= 8% ;

4% capital gain yield + 4% Dividend yield = 8%

Growth rate = 4% = 4/ 100 = 0.04

D1 = D0(1 + g)

D1 = value of next year's Dividend

D0 = current Dividend yield

g = Constant growth rate

D1 = current stock price * g

D1 = 90 * 0.04 = 3.6

D1 = D0(1 + g)

D0 = D1 / (1+g)

D0 = 3.6 / (1+ 0.04)

D0 = 3.6 / 1.04

D0 = $3.46

When computing diluted earnings per share, how are convertible bonds treated? A. ignored B. assumed converted whether they are dilutive or antidilutive C. assumed converted only if they are antidilutive D. assumed converted only if they are dilutive

Answers

Answer: assumed converted only if they are dilutive.

Explanation:

Diluted Earnings per Share is a calculation that is used to determine the quality of the earnings per share if a company when all the convertible securities are taken into consideration.

It should be noted that convertible securities are the outstanding stock options, convertible preferred shares, warrants and convertible debentures. During computation, the convertible bonds will be treated to be assumed converted only if they are dilutive.

An American company wants to launch a new product in Madrid. Freda asks her product manager to distribute some samples to potential customers there so that she can gauge the consumer preferences there before introducing the product. Freda is attempting to reduce the degree of economic and/or social risk, also known as ________, associated with product use.

Answers

Answer: Trialability

Explanation: An American company wants to launch a new product in Madrid. Freda asks her product manager to distribute some samples to potential customers there so that she can gauge the consumer preferences there before introducing the product. Freda is attempting to reduce the degree of economic and/or social risk, also known as ________, associated with product use.

A. billability  B. docibility  C. invincibility  D. trialability  E. partibility

Freda by distributing samples of her new product to potential customers in order to gauge their preferences before introducing the product to market is involved in trialability which describes the ease with which potential customers or adopters can try a new product, service or innovation. As it serves to reduce the degree of economic and/or social risk, it is also quite important for innovative products that have to be experienced in order to see or feel their value.

Which of the five Rs of good governance in sport refers to systems that report organizational governance structures, constitutions, legal control mechanisms, event selection criteria, and codes of eligibility, conduct, and ethics?

Answers

Answer: Regulations

Explanation: Regulations as related to good governance in sports encompasses the structural and most of the non-technical requirements and injunctions required to maintain a good organizational structure. It may be explained as a management skeleton or framework which is very paramount in the orderly control and Maintainace of any organized body. The legal processes and procedures, ethical standards, code of conduct. The other R's include rules, ranking, records and result.

Jack,an HR manager at an electronics firm,has been informed that he needs to hire twenty technicians immediately.Which of the following would most likely be the best method for quickly attracting experienced technicians?
A) job fair
B) event recruiting
C) radio advertisement
D) newspaper advertisement

Answers

Answer: Radio advertisement

Explanation:

From the question, we are informed that Jack,an HR manager at an electronics firm, has been informed that he needs to hire twenty technicians immediately.

The best method to get quality technicians will be through advertising on radio. Through this method, a larger number of people will be reached and radio advertisement is usually effective.

Welch Corporation​'s trial balance shows $ 158,000 face value of bonds with a discount balance of $ 1,800. The bonds mature in 10 years. How will the bonds be presented on the balance​ sheet?

Answers

Answer:

The bonds be presented on the balance​ sheet at discount balance of $ 1,800.

Explanation:

The discount balance is the Present Value of Future Cash Inflows.

The Present Value is shown instead of Face Value as the Value Carried by the bonds and subsequently, this value is adjusted over the 10 year period with interest applied on bonds to reach the face value of  $ 158,000.

Find the answer to the following question: Where should students go for information about their degree program, how many credits they need to graduate, how many credits each course is, etc.? Select one: a. Students should visit the University Catalog to find answers to these questions. b. Students should contact Student Services to ask these questions. c. Students should ask their Instructors these ques

Answers

Answer:

Students should visit the University Catalog to find answers to these questions.

Explanation:

College or university catalog refers to the written document that includes all the information related to them. It is a form of publication from the university's end comprising all the necessary details and information. The catalog describes all the academic programs offered by the university and the rules and regulations. The requirements and procedures to be followed are also stated in the catalog.

As per the given excerpt, the student should visit the University Catalog for all the information that he is looking for.

When sales are made in a local Walmart, the sales data is sent to Walmart headquarters where the data are used to build a picture of the buying habits of people who shop at individual Walmarts across the nation. The use of ________ makes this possible.

Answers

The question is incomplete:

When sales are made in a local Walmart, the sales data is sent to Walmart headquarters where the data are used to build a picture of the buying habits of people who shop at individual Walmarts across the nation. The use of ________ makes this possible.

A) POS systems

B) social shopping

C) e-commerce

D) e-menus

E) direct selling

Answer:

A) POS systems

Explanation:

-POS System refers to the equipment and software that retailers use in their stores to register the sales. This system has the information about the sales, the inventories and CRM.

-Social shopping is a method that is used for online shopping that tries to involve friends in the purchasing experience.

-E-commerce  refers to purchasing and selling goods online.

-E-menus is a system used by restaurants that allows to order food through an electronic device.

-Direct selling refers to selling directly to consumers without using intermediaries.

According to this, the answer is that the use of POS systems makes this possible because these systems have the information from stores like sales and inventory that allows to analize people's buying habits.

A company wants to product a weighted moving average forecast for April with the weights 0.40, 0.35, and 0.25 assigned to March, February, and January, respectively. If the company had demands of 5,000 in January, 4,750 in February, and 5,200 in March, then April's forecast would be

Answers

Answer:

4,992.50

Explanation:

The computation of the April forecast is shown below:-

April forecast = ((Weight of March × Demand of march) + (Weight of Feb × demand of Feb) + (Weight of Jan × Demand of Jan)] ÷ Total of weights

= (0.40 × 5,200 + 0.35 × 4,750 + 0.25 × 5,000)

= 4,992.50

Hence, the correct answer is 4,992.50 and we have applied the above formula.

The percentage of Americans with college degrees has risen dramatically since 1910. The functionalist explanation would be that this increase is a response to changes in the economy. Identify the problems with this explanation.

Answers

Answer: The drastic increase in the average education level goes beyond the demand for the current economy (1910).

After college degrees, most of the students search for jobs but if the percentage of Americans with college degrees has risen drastically country cannot afford jobs for such a high number.

Also, college degrees have nothing to do with the skills required for the job.

so it will increase unemployment.

And it will cause erosion of skills, basically robbing the economy of otherwise brilliant talents.

Paper Exchange has 80 million shares of common stock outstanding, 60 million shares of preferred stock outstanding, and 50 thousand bonds. If the common shares are selling for $20 per share, the preferred shares are selling for $10 per share, and the bonds are selling for 105 percent of par, what would be the weight used for preferred stock in the computation of Paper's WACC?

Answers

Answer:

26.64%

Explanation:

Common stocks outstanding (C) = 80 million

Preffered stock outstanding (P) = 60 million

Number of bonds (B) = 50,000

Cost of common stock (Cc) = $20 per share

Cost of Preffered stock (Cp) = $10 per share

Cost of bond (Cb) = 105% of par

Weight of preferred stock :

(P * Cp) / [(P*Cp) + (C*Cc) + (B * Cb * par value)]

(60mill * $10) / [(60mill * $10) + (80mill * $20) + (50000 * 1.05 * 1000)]

600mill / (600 mill + 1600mill + 52.5mill)

600,000,000 / 2252500000

= 0.2663706

= 26.64%

A buyer and a seller enter a contract for the sale of a three-bedroom residential property. Shortly after the contract is in place, the buyer has an inspection done. As a result of the inspection, the buyer wants the seller to fix the fence and replace the garage door opener. The seller refuses. How should the parties proceed

Answers

Answer:

Explanation:

In this specific scenario, it can be said that the fixes do not become part of the sales agreement. Both parties agreed to the details specified in the contract/agreement, therefore if one of the involved parties is not willing to agree to a specific amendment to a contract then ultimately the original contract remains in place. Meaning that the seller has no legal obligation to fix the fence or garage door opener, and a new agreement must be created for those fixes, while the original agreement stands.

After much discussion, Chad finally agrees to go to the opera with his wife. As they are finding their seats he says, sarcastically, "Yeah, this is going to be a lot of fun* This is an example of which conflict style?
a. avoidance
b. assertion
c. compromise
d. direct aggression
e. passive aggression

Answers

Answer:

e. Passive aggression

Explanation:

Passive aggressive behaviors can be defined as a type of behaviour which a person or an individual exhibit , which makes such person to express their negative feelings through their actions or by being indirectly aggressive instead of handling their feelings directly which is why a person or an individual with this type of behaviour often have resistance to requests by acting stubborn reason been that such person may feel angry or frustrated and act neutral, and then find an indirect ways to show how they really feel instead of communicating directly.

Secondly a person which PASSIVE AGGRESSIVE BEHAVIOUR will often posses this type of trait such as Trying to play the victim when issue arise, making excuses, blaming others for their action, hiding their anger, Trying to avoid direct communication just as in the case of Chad.

Therefore based on the information given about Chad,This is an example of PASSIVE AGGRESSION conflict style.

Ursula buys a Verismooth boat from a Watercraft store, which agrees to keep the boat for Ursula until she picks it up. Before Ursula gets the boat, an unforeseen tornado destroys the store and the boat. The loss of the boat is suffered by

Answers

Answer:

Watercraft store

Explanation:

In a situation such as this one, the loss of the boat is ultimately suffered by the Watercraft store. This is mainly due to the fact that they agreed to keep the boat for Ursula until she picks it up, which in doing so they ultimately agreed to take responsibility for the boat during that time. Therefore, any and all damages that have occurred to the boat are suffered by Watercraft and Ursula can sue them for a full refund of the boat.

Accrual basis accounting recognizes ___ (equity/revenues/expenses) when the service or product is delivered and records ___ (revenues/expenses/liabilities) when ___ (incurred/paid) in order to adhere to the matching principle.

Answers

Answer: revenues ; expenses ; incurred

Explanation: Accrual basis of accounting from the english word 'accrue' means accumulation or gathering over a certain period of time. Hence, when investments, purchases are gathered or compiled over a certain time period.

In other to adhere to the matching principle under accrual basis of accounting :

Revenues should be recorded once the service or product is earned or delivered and not until when cash is paid. Expenses are recorded correspondingly irrespective of when the cash is paid out. Therefore, in accrual accounting, once obligation or expenses is incurred, expenses is recorded.

Hampton Corporation has a beta of 1.3 and a marginal tax rate of 34%. The expected return on the market is 11% and the risk-free interest rate is 6%. Estimate the firm’s cost of internal equity.

Answers

Answer: 12.5%

Explanation:

Given the following :

Beta (B) = 1.3

Marginal tax rate = 34%

Risk free interest rate = 6%

Market rate of return = 11%

The cost of equity is calculated using the relation:

Risk free rate of return + Beta(market rate of return - risk free rate of return)

Cost of equity = 6% + 1.3(11% - 6%)

Cost of equity = 6% + 1.3(5%)

Cost of equity = 6% + 6.5%

Cost of equity = 12.5%

Therefore, the firm's cost of internal equity is 12.5%

Community activist: If Morganville wants to keep its central shopping district healthy, it should prevent the opening of a huge SaveAll discount department store on the outskirts of Morganville. Records from other small towns show that whenever SaveAll has opened a store outside the central shopping district of a small town, within five years the town has experienced the bankruptcies of more than a quarter of the stores in the shopping district.
The answer to which of the following would be most useful for evaluating the community activist’s reasoning?
(A) Have community activists in other towns successfully campaigned against the opening of a SaveAll store on the outskirts of their towns?
(B) Do a large percentage of the residents of Morganville currently do almost all of their shopping at stores in Morganville?
(C) In towns with healthy central shopping districts, what proportion of the stores in those districts suffer bankruptcy during a typical five-year period?
(D) What proportion of the employees at the SaveAll store on the outskirts of Morganville will be drawn form Morganville?
(E) Do newly opened SaveAll stores ever lose money during their first five years of operation?

Answers

Answer: The best answer is C

Explanation:

C. In towns with healthy central shopping districts, what proportion of the stores in those districts suffer bankruptcy during a typical five-year period?

Supposing that roughly a quarter of stores in a HEALTHY central shopping district is being found out to have suffered bankruptcy during a typical five-year period. This would be an evidence to say that losing a quarter of the stores to bankruptcy is NOT a sign that a shopping district is "unhealthy". In that regards, the records from the other towns would simply show that, DESPITE having a SaveAll, the shopping districts maintained healthy bankruptcy rates.

So, the fact that a quarter of stores in Morganville's central shopping district will likely experience bankruptcy is no cause for alarm. This is what we would expect in ANY healthy central shopping district. Therefore, based on the evidence, there is no reason to expect that opening a Save All will negatively affect the health of the central shopping district.

shows the amount of savings and borrowing in a market for loans to purchase homes, measured in millions of dollars, at various interest rates. What is the equilibrium interest rate and quantity in the capital financial market

Answers

Answer:

7% and 135

Explanation:

The computation of the equilibrium interest rate and the quantity is shown below:

As we can see in the attached figure that at the interest rate of 7% the Qd is equivalent to Qs i.e 140

And when it the interest rate is 8% the quantity of lending is 145 and the quantity of borrowing is 135 that decreased the quantity of lending by 140 to 135 so we considered the 135

Loren has a $200 annual (calendar year) deductible on her health insurance plan. By the end of 2018, she had paid $175 in medical expenses. On January 4, 2019 she went to the doctor for the first time that year and was charged $60 for an office visit. How much of that must she pay for herself

Answers

Answer:

$60

Explanation:

Based on the information given about Loren the amount that she must pay herself will be $60 reason been that the amount of $175 she paid for her medical expenses at the end of 2018 was based on her health insurance plan, while the $60 was the amount of money she paid her self or the amount she was charge her for visiting the doctor for the first time on January 4, 2019.

Generally, deductibles are calculated on a calendar year basis. This means that, excluding copays, coinsurance, and non-covered charges, your health care bills must surpass your deductible between January and December for the insurance provider to begin paying.

Based on the information given about Loren the amount that she must pay herself will be $60 reason been that the amount of $175 she paid for her medical expenses at the end of 2018 was based on her health insurance plan, while the $60 was the amount of money she paid her self or the amount she was charge her for visiting the doctor for the first time on January 4, 2019.

To know more about health insurance plan, refer to the link:

https://brainly.com/question/1577165

You're in the lunchroom at work one day, 3 weeks into the execution of a project you are managing, and your project sponsor approaches you to see if you can squeeze in another feature on his project. This is an example of...

Answers

Answer:

scope creep

Explanation:

Scope creep refers to the managing of the project with respect to the changes made in the scope of the project after starting of a project. it can arise when the scope of the project is not defined clearly that result in harmful

Therefore as per the situation, the project sponsor reached you with a motive whether you compressed another attribute in the project

So this example represent the scope creep

Trident Sports Inc. manufactures and distributes athletic wear, sporting equipment, and protective sports gear worldwide. They are departmentalized based on products sold to professional athletes, products sold to people who pursue sports only for leisure, and products sold to sports teams. Which approach to departmentalization does the company follow

Answers

Answer: customer

Explanation:

From the question, we are informed that Trident Sports Inc. produces and then distributes athletic wear, sporting equipment, and protective sports gear worldwide and that they are departmentalized based on products sold to professional athletes, products sold to people who pursue sports only for leisure, and products sold to sports teams.

This shows that the approach to departmentalization that the company follow is the customer approach. This can be seen in the way that the company is departmentalized.


A man is running on the straightroad with the uniform velocity of 3m/s. Calculate acceleration produced by him.

Answers

Answer:

acceleration =0 m/s^2

Explanation:

Acceleration is defined as the rate of change in velocity. If there’s no change in velocity, then the rate of change is zero, hence the acceleration is zero. The question says the man is running at a uniform velocity (i.e. he’s running at a steady speed in a fixed direction). This means his velocity is constant, or unchanging. Hence, his acceleration is zero.

Obviously everything I said in the above paragraph only concerns his horizontal velocity. To get even more specific, it only concerns the horizontal velocity of his centre of mass. Vertically, he is of course experiencing upward and downward downward acceleration due to how his feet push against the floor as he runs. And his limbs accelerate and decelerate as well, to allow him to run.

But looking at the man’s horizontal motion as a whole, and thinking of his motion as being entirely represented by his centre of mass, his acceleration is 0.

Recall on February 1, Derrick Company established a $200 petty cash fund. On February 15, when the fund balance reached $7, the petty cash custodian prepared a petty cash report that summarized receipts for postage ($140) and printing ($54). Complete the necessary journal entry by selecting the account names and dollar amounts from the drop-down menus.

Answers

Answer with its Explanation:

The double entry to record the postage expenses of $140 and the printing expense of $54 is as under:

Dr Postage Expenses        $140

Dr Printing Expenses         $54

Cr Petty Cash Account                       $193

Cr Cash Over and Short Account      $1

According to the summarized Report, the cash at hand is $7 which must be $6 ($200 - $194). This difference can adjusted in Cash Over and Short Account which is used to adjust minor differences in cash balance.

Kindly don't forget to rate my answer.

PLEASE HELP!! 50 POINTS!!

Answers

Hi there! Hopefully this helps! Let me know if you need additional information!

--------------------------------------------------------------------------------------------------------

Country that is the largest importer of goods: USA.

Country that is the largest exporter of goods: USA.

Number of US jobs supported by exports: In 2016, exports of goods and services supported an estimated 10.7 million U.S. jobs.

Amount of money the United States exchanges because of trade: U.S. goods and services trade totaled $5.3 trillion (In 2017).

Approximate percentage of US export-related manufacturing jobs: In 2014, we find that as a group manufacturing industries have the highest share, 26 percent, of their employment supported by exports.

Approximate additional percentage earned by workers in export related factories: It estimates that exports contribute an additional 18 percent to workers’ earnings on average in the U.S. manufacturing sector.

One way trade helps US businesses and workers: By supporting more productive, higher paying jobs in our export sectors.

Another way trade helps US businesses and workers: By expanding the variety of products for purchase by consumers and business.

A third way trade helps US businesses and workers: By encouraging investment and more rapid economic growth.

Answer:

Country that is the largest importer of goods: USA.

Country that is the largest exporter of goods: USA.

Number of US jobs supported by exports: In 2016, exports of goods and services supported an estimated 10.7 million U.S. jobs.

Amount of money the United States exchanges because of trade: U.S. goods and services trade totaled $5.3 trillion (In 2017).

Approximate percentage of US export-related manufacturing jobs: In 2014, we find that as a group manufacturing industries have the highest share, 26 percent, of their employment supported by exports.  

Approximate additional percentage earned by workers in export related factories: It estimates that exports contribute an additional 18 percent to workers’ earnings on average in the U.S. manufacturing sector.

One way trade helps US businesses and workers: By supporting more productive, higher paying jobs in our export sectors.

Another way trade helps US businesses and workers: By expanding the variety of products for purchase by consumers and business.

A third way trade helps US businesses and workers: By encouraging investment and more rapid economic growth.

​Jacko Co. is a U.S.-based MNC with net cash inflows of euros and net cash inflows of Sunland francs. These two currencies are highly negatively correlated in their movements against the dollar. Kriner Co. is a U.S.-based MNC that has the same exposure as Jacko Co. in these currencies, except that its Sunland francs represent cash outflows. Which firm has a high exposure to exchange rate risk?

Answers

Answer: Kriner Co.

Explanation:

An exchange rate is when the value of the currency of a country is compared with the currency of another country.

From the question, we are informed that ​Jacko Co. is a U.S.-based MNC with net cash inflows of euros and net cash inflows of Sunland francs and that these two currencies are highly negatively correlated in their movements against the dollar.

We are further told that Kriner Co. is a U.S.-based MNC that has the same exposure as Jacko Co. in these currencies, except that its Sunland francs represent cash outflows.

Based on the information, the firm that has a high exposure to exchange rate risk is Kriner Co.

Answer:

yea

Explanation:

it's b

In January, Stitch, Inc. adopted the dollar-value LIFO method of inventory valuation. At adoption, inventory was valued at $50,000. During the year, inventory increased $30,000 using base-year prices, and prices increased 10%. The designated market value of Stitch's inventory exceeded its cost at year end. What amount of inventory should Stitch report in its year-end balance sheet

Answers

Answer:

$83,000

Explanation:

Calculation of the amount of inventory that Stitch should report in its year-end balance sheet

First step is to calculate for the 10% price increase

Increase price = ( $30,000 x 10% ) =$3,000

Second step is to add up the price increase to the amount of increase in inventory

$30,000 + $3,000 =$33,000

Hence, $33,000 will now be the increased in price inventory

Last step is to calculate for the amount of inventory that Stitch should report in its year-end balance sheet

Using this formula

Inventory to be reported = Valued of the Adoption inventory + Increase price Inventory

Where,

Adoption inventory value= $50,000

Increase price Inventory=$33,000

Let plug in the formula

Inventory to be reported = $50,000 + $33,000

Inventory to be reported =$83,000

Therefore the amount of inventory that Stitch should report in its year-end balance sheet will be $83,000

The federal budget is balanced and the economy is on the upward-sloping portion of the Laffer curve. Then, tax rates are cut and government purchases are increased. Is a budget deficit inevitable?

Answers

Answer:

Yes, the budget deficit is inevitable.

Explanation:

When the economy is on the upward-sloping portion of the Laffer Curve, any increase in tax rates will produce more revenue, and any decrease in tax rates will produce less revenue. This is because tax rates are not yet at the optimal point of the Laffer curve.

In this case, the federal budget was balanced, but the goverment cut tax rates while being on the upward-sloping portion of the Laffer curve, which means that tax revenue decreased. However, at the same time the government increased government purchases, and the combination of less tax revenue and more government spending will naturally result in a budget deficit.

Other Questions
2. Why might the city of Boston be "unhappy"? Support your answer with evidence fromthe poem. Translate into an algebraic expression and simplify if possible. C It would take Maya x minutes to rake the leaves and Carla y minutes, what portion of the leaves do they rake in one minute if they work together? You build 7 model airplanes during the summer. At the end of the summer, you have 25 model airplanes. How many model airplanes did you have before the summer? Select the correct equation and solution. Check the solution. Which of the expressions below can be factored using the difference of squares method?A. 9x^2 - 16y2B. 9x-16yC. 9x^2 + 1672D. 9x + 16y The numbers of regular season wins for 10 football teams in a given season are given below. Determine the range, mean, variance, and standard deviation of the population data set. 2, 10, 15, 4, 11, 10, 15, 10, 2, 10 Read and choose the option with the irregular verb in the imperfect tense. A)Comas con tus tas ayer. B)Escuchabas a tus tas ayer. C)Ibas a casa de tus tas ayer. D)Jugabas con tus tas ayer. Find two national numberbetween 2 and 3 find the molecular formula of the following Hows everyone today? Heres the question of the day! 5 + 34 x 19 what does "adopt the right attitude of Marxism" mean within the context of the Chinese communist party? a. Artists should copy examples of Marxism art. b. Artists should read and follow Karl Marx's manifesto exactly c. Artists should choose their own perspective on Marxism d. Artists should follow Marxism as interpreted by the CCP. What do all cellular activities in living organisms use as a source of energy?ATPlactic acidpyruvic acidglucose Graph the equation y=4x+3 by plotting points. Why should you dry fresh herbs before using them? How many minutes are in 15 hours? At 25 C, what is the hydroxide ion concentration, [OH] , in an aqueous solution with a hydrogen ion concentration of [H+]=3.0108 M? What is/are the major organic product(s) of the following reaction, Question 2 options: A) CH3CH2CCH Br B) CH3CCCH3 Br C) CH2CH2 HCCH Br D) HCCCH2CH2Br E) HCCBr Which of the following statements is FALSE? a. Mitchel County was the site of the first oil wells in the Permian Basin region. b. Haymon Kripp and Frank Pickrell formed the Texon Oil and Land Company c. Santa Rita #1 was the first oil well to finance the Permanent University Fund. d. Oil wells in the Permian Basin region were forced to shut down because they had no way to get the oil to refineries on the coast. If a 140 lb. climber saved her potential energy as she descended from Mt. Everest (Elev. 29,029 ft) to Kathmandu (Elev. 4,600 ft), how long could she power her 0.4 watt flashlight Two sound waves W1 and W2, of the same wavelength interfere destructively at point P. The waves originate from two in phase speakers. W1 travels 36m and W2 travels 24m before reaching point P. Which of the following values could be the wave length of the sound waves? a. 24m b. 12m c. 6m d. 4m The circumference of C is 72cm. What is the length of AB (the minor arc)