Changes in technology has changed the cornerstone of the United States economy. Over the past two hundred years United States changed it main production from farming then to the industrial revolution, to now services based economy. With that being said I want you to talk what the United States needs to do in order to stay competitive in the world market. It is important that you don’t just state your opinion, make sure you cite your work.Changes in technology has changed the cornerstone of the United States economy. Over the past two hundred years United States changed it main production from farming then to the industrial revolution, to now services based economy. With that being said I want you to talk what the United States needs to do in order to stay competitive in the world market.
In: Economics
Is there a trade-off between economic growth and stabilization
policy? That is, do
policy changes designed to mitigate the downturns in the business
cycle have an effect on long-
run economic growth, either positively or negatively? Support your
answer carefully.
In: Economics
Suppose that changes in bank regulations expand the availability of credit cards, so
that people need to hold less cash. Use the money demand and supply diagram in the long run to answer
the following:
a. How does this event affect the demand for money? (explain with graph + words)
b. If the Bank of Canada does not respond to this event, what will happen to the price level?
c. If the Bank of Canada wants to keep the price level stable, what should it do? (show on graph + explain with words)
In: Economics
For example:
Question: If income changes by $40 billion for each $2.28 billion change in spending, h much will income change by?
Answer: 91 (rounded down from the calculated value of $91.2 billion)
[Not acceptable would be: 91.2, nor $91, nor $91.2, et al.]
For the following five questions, assume the following characteristics of the monetary transmission mechanism:
The money multiplier is 2.33
Interest rates will change by 2.25% for every $75 billion change in the money supply.
Investment will change by $60 billion for every 1.5% change in the interest rate.
Income will change by $15 billion for every $3.8 billion change in investment.
1)Identify the change in income when the Fed does the following:
a. Buys $35 billion in bonds.
b. Buys $18 billion in bonds.
c. Buys $5.5 billion in bonds.
d. Sells $12 billion in bonds.
e. Sells $22 billion in bonds.
In: Economics
Identify what determinant changes and explain how the equilibrium price and equilibrium quantity in a purely competitive market will change given the following situations. Draw the appropriate demand and supply curves showing the change. (Each graph should have an equilibrium point before the impact as well as after; be sure to label all parts of the graphs).
a. Product: oranges – A winter storm freezes 50 % of the fruit on the trees in Florida
b. Product: avocados- A tariff is imposed on the importation of avocados from Mexico while demand remains the same.
c. Product: donuts – consumers desire for donuts decreases and the cost of flour (used to make donuts) increases
In: Economics
The changes in each balance sheet account for Carver Corporation during the year just completed are as follows:
| Increase | Decrease | |||||
| Cash and cash equivalents | $ | 3,270 | ||||
| Accounts receivable | $ | 5,450 | ||||
| Inventory | $ | 6,180 | ||||
| Prepaid expenses | $ | 3,180 | ||||
| Long-term investments | $ | 18,360 | ||||
| Property, plant, and equipment | $ | 11,770 | ||||
| Accumulated depreciation | $ | 9,540 | ||||
| Accounts payable | $ | 8,160 | ||||
| Accrued liabilities | $ | 5,400 | ||||
| Bonds Payable | $ | 12,840 | ||||
| Common Stock | $ | 3,240 | ||||
| Retained Earnings | $ | 5,960 | ||||
Carver Corporation's income statement for the year just ended shows the following:
| Income Statement | ||
| Sales | $ | 378,000 |
| Cost of goods sold | 201,400 | |
| Gross margin | 176,600 | |
| Selling and administrative expense | 170,640 | |
| Net income | $ | 5,960 |
The company did not dispose of any property, plant, and equipment, buy any long-term investments, issue any bonds payable, or repurchase any of its own common stock during the year. Carver Corporation uses the direct method to construct its statement of cash flows.
Required:
a. Determine the sales adjusted to the cash basis.
b. Determine the cost of goods sold adjusted to the cash basis.
c. Determine the selling and administrative expenses adjusted to a cash basis.
d. Determine the net cash provided by (used in) operating activities. (Negative amounts should be indicated by a minus sign.)
e. Determine the net cash provided by (used in) investing activities. (Negative amounts should be indicated by a minus sign.)
f. Determine the net cash provided by (used in) financing activities. (Negative amounts should be indicated by a minus sign.)
In: Accounting
Between 1945 and 1975, the United States changed in many significant ways. Which of these changes, in your opinion, had the greatest influence on American culture during this period? What is a specific example?
In: Economics
Windows PowerShell
1) Write a PowerShell Script to monitor a file for changes.
2) Write a PowerShell Script to create a user account in a specific OU.
In: Computer Science
QUESTION 7 A business needs to communicate major procedural changes to their employees. Select the suggestions below that management should use to communicate this change. a. ?It should coerce the employees to accept the change. b. ?It should emphasize the benefits the employees will gain from the change. c. ?It should give the employees monetary compensation in order to accept the change. d. ?It should inform employees directly that they must accept the change.
In: Operations Management
Changes to Itemized Deduction
Tax reform that affects both individuals and businesses was enacted in December 2017. It’s commonly referred to as the Tax Cuts and Jobs Act, TCJA or simply tax reform. In addition to nearly doubling standard deductions, TCJA changed several itemized deductions that can be claimed on Schedule A, Itemized Deductions.
This means that many individuals who formerly itemized may now find it more beneficial to take the standard deduction. Taxpayers may only do one or the other. They either take the standard deduction or claim itemized deductions.
The tax reform law made the following changes to itemized deductions that can be claimed on Schedule A for 2018.
Limit on overall itemized deductions suspended.
The income-based phase-out of certain itemized deductions does not apply in 2018. This means that some taxpayers may be able to deduct more of their total itemized deductions if their deductions were limited in the past because their income was above certain levels.
Deduction for state and local income, sales and property taxes modified.
A taxpayer’s deduction for state and local income, sales and property taxes is limited to a combined, total deduction. The limit is $10,000 - $5,000 if married filing separately. Anything above this amount is not deductible.
New dollar limit on total qualified residence loan balance.
The date a taxpayer took out their mortgage or home equity loan may also impact the amount of interest they can deduct. If a taxpayer’s loan was originated or was treated as originating on or before Dec. 15, 2017, they may deduct interest on up to $1 million in qualifying debt, or $500,000 for taxpayers who are married filing separately, If the loan originated after that date, the taxpayer may only deduct interest on up to $750,000 in qualifying debt, or $375,000 for taxpayers who are married filing separately. The limits apply to the combined amount of loans used to buy, build or substantially improve the taxpayer’s main home and second home.
Deduction for home equity interest modified.
Interest paid on most home equity loans is not deductible unless the interest is paid on loan proceeds used to buy, build or substantially improve a main home or second home.
For example, interest on a home equity loan used to build an
addition to an existing home is typically deductible, while
interest on the same loan used to pay personal living expenses,
such as credit card debts, is not.
As under prior law, the loan must be secured by the taxpayer’s main
home or second home (known as a qualified residence), not exceed
the cost of the home and meet other requirements.
Limit for charitable contributions modified.
The limit on the deduction for charitable contributions of cash has increased from 50 percent to 60 percent of a taxpayer’s adjusted gross income. This means that some taxpayers who make large donations to charity may be able to deduct more of what they give this year.
Deduction for casualty and theft losses modified.
A taxpayer’s net personal casualty and theft losses must now be attributable to a federally declared disaster to be deductible.
Miscellaneous itemized deductions suspended.
Previously, when a taxpayer itemized, they could deduct the amount of their miscellaneous itemized deductions that exceeded 2 percent of their adjusted gross income. These expenses are no longer deductible.
This includes unreimbursed employee expenses such as uniforms, union dues and the deduction for business-related meals, entertainment and travel. It also includes deductions for tax preparation fees and investment expenses, such as investment management fees, safe deposit box fees and investment expenses from pass-through entities.
Create an example in which a taxpayer would benefit from itemizing deductions instead of taking the standard deduction. In your example give us the taxpayer's filing status, AGI and list of deductions ( descriptions of the expense and the amount).
In: Accounting