Answers
According to the Volcker rule, banking institutions are generally not allowed to engage in proprietary trading, invest in hedge funds, or sponsor private equity firms.
The Volcker Rule is what?The Volcker Rule, which was incorporated into the Dodd-Frank Act, forbids banks from engaging in proprietary trading and limits the amount of money that financial institutions and their affiliates can invest in hedging funds and private equity.
What is protected by the Dodd-Frank Act?Charged with assuring banks, mortgages and college education providers, and credit card businesses follow the rules, the Consumer Financial Bureau was established with the mission of defending consumers against misleading and abusive financial practices.
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Related Questions
I started my career at 30. I want to be able to retire at 58. I do not have any money to put away today, but I can put away $1,000 a month at 5% How much
will I have at retirement?
Answers
After 28 years of consistent monthly contributions at a 5% annual rate of return, your retirement account would have grown to approximately $817,000.
How to solve
Assuming you have 28 years until retirement and can consistently save $1,000 per month at a 5% annual rate of return, you would have approximately $817,000 at retirement.
Here's the breakdown of the calculation:
Monthly contribution: $1,000
Annual rate of return: 5%
Time until retirement: 28 years
Using a compound interest calculator, the future value of your retirement account can be calculated as follows:
Enter $1,000 as the initial amount and $1,000 as the monthly contribution.
Enter 5% as the annual interest rate.
Enter 28 years as the time until retirement.
After 28 years of consistent monthly contributions at a 5% annual rate of return, your retirement account would have grown to approximately $817,000.
It's important to note that this calculation assumes a consistent monthly contribution and a constant rate of return
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1. Some businesspeople believe that elimination agents and wholesalers reduce their operating expenses. Discuss the opportunity costs associated with eliminating intermediaries.
Answers
1. While eliminating intermediaries may result in reduced operating expenses, businesses need to weigh these savings against the associated opportunity costs. These costs may include the loss of expertise and value-added services, additional responsibilities and expenses, and reduced customer access to products.
Eliminating intermediaries such as elimination agents and wholesalers reduce operating expenses, but it also has associated opportunity costs that businesses need to consider. One of the primary costs is the loss of the expertise and value-added services that intermediaries offer to businesses and customers. Eliminating intermediaries may result in businesses taking on additional responsibilities and expenses such as marketing, distribution, and logistics.
This may result in the need for additional staff and resources to ensure that products reach customers on time. Furthermore, eliminating intermediaries may also result in reduced customer access to products, as intermediaries are often responsible for finding new markets and customer segments. In this case, businesses may need to invest additional resources to market and promote their products to reach new customers.
In conclusion, while eliminating intermediaries may result in reduced operating expenses, businesses need to weigh these savings against the associated opportunity costs. These costs may include the loss of expertise and value-added services, additional responsibilities and expenses, and reduced customer access to products.
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If you wanted to see how much time you spent working on your assignments last Thursday, which
screen would you look at?
Student Activity
External Links
Suggested Facing
Answers
Note that If you wanted to see how much time you spent working on your assignments last Thursday, which screen would you look at is: "Student Activity" (Option A). This has to do with a learning management system.
What is Student Activity?A Learning Management System (LMS) is a web-based tool used to store classroom activity online. They are a sort of cloud computing in which the program is accessible whenever and wherever a user has Internet connection.
The goal of a learning management system (LMS) is to provide training and development to Learning and Development (L&D) departments so that they can maintain a company's growth, success, and, eventually, revenue. These are some lofty learning objectives.
Student activities are extracurricular groups and programs that are available to students at a college or university. Student activities are typically intended to get students more active on campus.
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The trend towards worldwide markets makes it easier to predict where competitors will
spring up.
Answers
The move toward global marketplaces makes it easier to foresee where rivals may emerge. With the advent of globalization, and hence the rise of market capitalism across the world, rivals may now come from almost anywhere.
What is the primary goal of globalization?Globalization, sometimes known as globalization, is the process of contact and integration among people, businesses, and governments all over the world. The term globalization initially arose in the early twentieth century, evolved into its modern meaning somewhere in the second half of the twentieth century, and became popular in the 1990s to characterize the post-Cold War world's unparalleled worldwide connection. Its beginnings may be traced back to the 18th and 19th centuries when transportation and communication technologies advanced.
Globalization changes the interactions between governments, companies, and individuals. It explicitly modifies the nature of economic activity between nations by boosting commerce, developing global supply chains, and facilitating access to natural resources and labor markets.
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Hugh has the choice between investing in a City of Heflin bond at 4.80 percent or investing in a Surething Inc. bond at 7.25 percent. Assuming that both bonds have the same nontax characteristics and that Hugh has a 40 percent marginal tax rate, what interest rate does Surething Inc. need to offer to make Hugh indifferent between investing in the two bonds
Answers
Answer:
8%
Explanation:
Calculation for what interest rate does Surething Inc. need to offer to make Hugh indifferent between investing in the two bonds
Using this formula
Interest rate=City of Heflin bond Percentage rate/(1 − Marginal tax rate)
Let plug in the formula
Interest rate=4.80% / (1 − 40%)
Interest rate=4.80%/60%
Interest rate= 8%
Therefore the interest rate that Surething Inc. need to offer to make Hugh indifferent between investing in the two bonds will be 8%
If an individual has a balance on her credit card, but would like to pay less money in the long run, she should
O close her account and transfer her balance to a different credit card
O talk with her credit card company about removing her annual fee
O pay as much as possible each month
O make the minimum payment every month
Answers
Answer:
Pay as much possible each month.
Explanation:
If an individual has a balance on her credit card, but would like to pay less money in the long run, she should pay as much possible each month.
Hope this helps!
Question 5 of 10
Identifying people who might have the desire and ability to buy is called
O A. approaching
O B. order taking
O C. closing
O D. prospecting
Answers
In what ways would managing temporary workers be easier than managing traditional permanent employees? In what ways would it be more difficult? What differences would likely exist in your own behavior if you were in a contingent or temporary job versus a traditional permanent job?
Answers
Managing temporary workers can be easier in some ways as they do not require a long-term commitment from the employer, and they are often hired for specific projects or periods of time. This can make it easier to adjust the workforce according to the company's changing needs. Additionally, the company may not be responsible for providing benefits such as health insurance or paid time off, which can save on costs.
However, managing temporary workers can also be more difficult in some ways. For example, temporary workers may require more training and supervision since they are not as familiar with the company's policies and procedures. Additionally, they may not be as invested in the company's success since they are not permanent employees, which could result in lower productivity and motivation.
If I were in a contingent or temporary job versus a traditional permanent job, I would likely behave differently. In a temporary job, I may feel less invested in the company and more focused on completing my assigned tasks, since there is no long-term commitment. In a permanent job, however, I would likely feel more invested in the company's success and would be more willing to take on additional responsibilities or go the extra mile to help the company achieve its goals.
Perteet Corporation's relevant range of activity is 3,600 units to 8,000 units. When it produces and sells 5,800 units, its average costs per unit are as follows: Average Cost per Unit Direct materials $ 6.30 Direct labor $ 3.20 Variable manufacturing overhead $ 1.40 Fixed manufacturing overhead $ 3.30 Fixed selling expense $ 0.50 Fixed administrative expense $ 0.20 Sales commissions $ 0.30 Variable administrative expense $ 0.35 If 4,400 units are produced, the total amount of manufacturing overhead cost is closest to:
Answers
Answer:
Total MFG Overhead $ 20680
Explanation:
Perteet Corporation
Manufacturing overhead consists of Variable manufacturing overhead and Fixed manufacturing overhead.
Variable manufacturing overhead $ 1.40
Fixed manufacturing overhead $ 3.30
Manufacturing overhead per unit $ 4.7
No of units = 4,400
Total MFG Overhead = 4.7 * 4400 = $ 20,680
The manufacturing overhead costs do no not consists of Fixed selling expense, Fixed administrative expense ,Sales commissions and Variable administrative expense. Another way of finding the manufacturing overhead costs is subtracting the cost of direct materials and direct labor from the cost of goods sold.
Cost of Goods Sold $ 14.2
Direct materials $ 6.30
Direct labor $ 3.20
Variable manufacturing overhead $ 1.40
Fixed manufacturing overhead $ 3.30
Total Manufacturing Costs= $ 14.2
Less Direct Materials Cost= $ 6.3
Less Direct Labor Costs = $ 3.2
Mfg Overhead= $ 4.7
No Of Units = 4400
Total MFG Overhead = 4.7 * 4400= $ 20680
chiến lược phân phối của thương hiệu Omo
Answers
Answer:No
si chang chang hoi
Explanation:
For each of the following situations involving marginal cost (MC) and marginal benefit(MB) indicate whether it would be best to produce more , fewer, or the current number of units.a. 3,000 units at which MC =$10 and MB =$13
Answers
In this situation, it would be best to produce more units.
Since the marginal cost (MC) of producing an additional unit is $10, and the marginal benefit (MB) is $13, the marginal profit of producing an additional unit is $3. This means that it is profitable to produce more units, as each additional unit will result in a $3 profit.
This a case of perfect competition in an economy. This is calculated using average cost, marginal cost, marginal benefit.
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Economic Stimulus Act of 2008
Explanation for the reason for Economic Stimulus Act of 2008. What are the main causes of the legislation. What occurred in the economy to prompt the government to pass or enact such legislation or act?
Answers
Answer:
The Economic Stimulus Act of 2008 was a United States federal law enacted on February 13, 2008, to provide economic relief amid the Great Recession. The act provided tax rebates to individuals and tax incentives for businesses. It also increased the limits on mortgages eligible for purchase by government-sponsored enterprises (GSEs) such as Fannie Mae and Freddie Mac. The total cost of the act was projected at $152 billion for 2008.
The main causes of the legislation were:
The subprime mortgage crisis, which began in 2007, led to a decline in housing prices and a rise in foreclosures. This had a negative impact on the economy, as it led to a decrease in consumer spending and investment.The financial crisis of 2008, which began in September 2008, led to a collapse of the GSEs and a severe tightening of credit markets. This made it difficult for businesses to borrow money, which further slowed economic growth.The government enacted the Economic Stimulus Act of 2008 in an attempt to:
Boost consumer spending and investment, which would help to create jobs and stimulate economic growth.Prevent the financial crisis from worsening, which would have had a devastating impact on the economy.The act was controversial, with some economists arguing that it was not large enough to have a significant impact on the economy. However, the act did provide some relief to individuals and businesses, and it is generally credited with helping to prevent the Great Recession from becoming even worse.
1 typewritten reviews of a Business Management, or Marketing
Article of the students choosing that appeared in the required Online
readings, You may also select articles from the New York Times.
The articles due on the assign due date. The News Article Review must
be printed out and attached to the student’s Typewritten review in Pdf.
The review must summarize the article in the student’s own words and
discuss how the subject matter of the News Article Review relates to
topics covered in the course.
THE ARTICLE SHOULD NOT BE
MORE THAN 14 DAYS OLD AND MUST BE RETRIVED FROM A
BUSINESS, OR MARKETING JOURNAL PUBLICATION
Answers
Explanation:
Title: "Digital Marketing Strategies for Small Businesses: A Case Study"
Article Source: Harvard Business Review
Summary:
The article "Digital Marketing Strategies for Small Businesses: A Case Study" discusses how small businesses can effectively utilize digital marketing strategies to compete in today's highly competitive business landscape. The case study presented in the article focuses on a small boutique clothing store that implemented various digital marketing tactics to increase their online visibility and drive more sales.
The article highlights the importance of having a strong online presence for small businesses, as consumers increasingly rely on digital channels to discover and purchase products and services. The case study outlines the steps taken by the boutique store, including optimizing their website for search engines, creating engaging social media content, and implementing email marketing campaigns to engage with customers.
The article also emphasizes the need for small businesses to adapt their digital marketing strategies based on changing consumer behaviors and market trends. For example, the boutique store in the case study shifted their focus to social media advertising when they noticed that their target audience was spending more time on social media platforms.
Relation to Course Topics:
The article aligns with several topics covered in the Business Management or Marketing course. It highlights the importance of digital marketing for small businesses and the need to adapt strategies to changing consumer behaviors, which are key concepts in modern marketing. The case study also provides practical examples of how small businesses can implement digital marketing tactics, such as search engine optimization, social media marketing, and email marketing, which are commonly covered in marketing courses.
The article also emphasizes the significance of understanding consumer behavior and market trends, which are important considerations in business management. It underscores the need for small businesses to continually assess and adjust their marketing strategies to remain competitive in the ever-evolving digital landscape.
Overall, the article provides a relevant and practical case study that showcases the application of digital marketing strategies for small businesses, making it a valuable resource for students studying business management or marketing.
Review:
The "Digital Marketing Strategies for Small Businesses: A Case Study" article is a well-written and informative piece that provides practical insights into how small businesses can effectively leverage digital marketing strategies. The case study presented in the article is relevant and relatable, making it easy to understand the challenges faced by small businesses in the digital marketing realm.
The article is concise, yet comprehensive, covering key concepts such as search engine optimization, social media marketing, and email marketing in a clear and understandable manner. The use of a real-life case study adds credibility and practicality to the article, making it more engaging for readers.
The author's writing style is engaging and easy to follow, with a good balance of theoretical concepts and practical examples. The article is well-structured, with clear headings and subheadings that make it easy to navigate and locate specific information.
One potential improvement could be the inclusion of more recent data or statistics to support the author's points and provide additional evidence of the effectiveness of the digital marketing strategies discussed. However, overall, the article is a valuable resource for students studying business management or marketing, as it provides relevant and practical insights into how small businesses can navigate the digital marketing landscape to achieve their business goals.
In conclusion, the "Digital Marketing Strategies for Small Businesses: A Case Study" article is a recommended read for students studying business management or marketing. It offers valuable insights into the challenges and opportunities of digital marketing for small businesses and provides practical examples that can be applied in real-world business settings. The article's alignment with course topics and its clear and engaging writing style make it a useful resource for students looking to deepen their understanding of digital marketing strategies.
Many entire vocations in the United States have disappeared in the last few decades. Which of the following is a possible explanation for why vocations have entirely disappeared the last few decades?
A.The low cost of domestic goods could cause manufacturing to be done inside the United States.
B.The high wages of foreign goods could cause manufacturing to be done overseas.
C. The low cost of foreign goods could cause manufacturing to be done overseas.
D. The low cost of domestic goods could cause manufacturing to be done overseas.
Answers
Answer:
C,D
Explanation:
I guess..
btw not sure :)
Answer:
C. The low cost of foreign goods could cause manufacturing to be done overseas.
1. Costs and benefits aren't always measured in dollars and cents. Assume
your gym teacher just told you to "drop and give me 20!" You have already
completed one set of 20 pushups. What non-money costs might you
experience if you give the gym teacher what she wants and do another set of
pushups? Answer this question in the form of one or more complete
sentences.
Answers
Answer:
The non-monetary costs you might experience are the calories, time, and the energy that you will burn by doing additional 20 pushups.
Explanation:
As for the benefits, you will lose some calories and gain better physique, strengthening your core. The benefits will certainly outweigh the costs, unless the person drops dead while doing the second act, but your gym teacher should know better. Another point is that not all costs and benefits can be quantified in monetary terms, or "measured in dollars and cents," which the above example has adequately illustrated.
Which of the following questions might be asked in a needs assessment for
an employee development program?
Answers
Answer:D
Explanation:
if your asking which is best for employee devolopment you would ask if they have the skills to help your company meet future goals. If they dont have the required skills they will not do anything for your company, so therefor the employee and the company will not develope.
examples allocation efficiencyflour, which can be used to make many products, is used to make waffles and muffins because of the high demand for each product.
Answers
If Herb Farmer decides to create three cakes and three loaves of bread with his flour and sugar, classify the sentence as representing productive efficiency, allocative efficiency, or an inefficient circumstance.
Production efficiency is a word used in economics to describe the point at which an economy or other entity can no longer produce more of one item without reducing the level of production of a different one. When a company in a particular market or sector reaches the lowest point on its average cost curve, it has achieved productive efficiency, which implies effective use of limited resources and high factor productivity. Unit costs are estimated in a manufacturing firm that makes fitness apparel based on the labour, materials, and machine hours needed to manufacture each unit for each distinct product.
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Imagine that you are called for an interview for the position of a team leader in an IT firm. Mention the behavioral skills that you should possess to qualify for this position, apart from the professional qualifications.
Answers
The behavioral skills that the person vying for the team leader position should have include:
Time ManagementCommunication skillsPatienceSelf-improvementEmotional Intelligence,Self-confidenceWhat are behavioral skill?The ability to communicate with others and react to specific situations depends on a person's behavioral skills. These abilities can be used to interpret a person's behavior, ideas, and feelings. Many behavioral traits are social abilities that aid in interpersonal connections and relationship formation.
A team leader is a qualified individual in charge of managing, directing, and guiding a whole team. They are in charge of energizing their team members and encouraging open communication among them so that they can cooperate to accomplish objectives.
In this case, it's important that they have good communication skills to enable then communicate well with their team members.
The person should also be confident and have a positive mindset.
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is .org a good website?
Answers
Answer:
If you are talking about reliability-wise, when a ULR ends with .org, it may be a trusted website, it just depends on what the organization is. If you want a more reliable website to use try finding one with .gov at the end of the ULR. These are government moderated websites.
How does Alibaba implement competitive pricing strategy in market?
Answers
Answer:
By reducing their prices compare to the price of their competitors.
Explanation:
Note, a competitive pricing strategy refers to a pricing strategy that involves deliberately finding out the prices in which your competitor sells their product and then tailoring yours to be a little lower than theirs, by so doing customers feel motivated to buy from you instead.
For example, Alibaba can go to its competitor, let's say Amazon. and see how sells an iPhone. Then Alibaba can reduce/set its own price benchmark based on their prices.
A fixed expense is an expense that:
A. is unpredictable
B. is necessary for repairs
C. you can reduce by buying less
D. you can predict
This is for financial literacy
answer quick please!!
Answers
Answer:
I think the answer is A but sorry if I'm wrong
Best Buy sells a flat-screen high-definition TV for $700. Best Buy marks up the TV 45% on cost. What is the cost and dollar markup of the TV?
Answers
Answer:Cost of Tv 482.76 Dollar Markup 217.24
Explanation:
The cost of the TV will be $ 315
The dollar markup of the TV will be $ 1015
What is a markup price?The markup is the difference in prices between the cost of producing the product or service and the price at which it is sold. Businesses must tack on a markup on top of their total expenditures in order to guarantee a profit and recoup the costs associated with producing a good or service.
The information provided is:
The selling price of the TV = is $700
The markup cost of the TV = 45% of the cost
The dollar markup cost will be
= 700 * 45%
= $315
The new cost that will be generated will be
= 700 + 315
=$1015
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Figure 4-5
Refer to Figure 4-5. Which of the following would cause the demand curve to shift from Demand A to Demand B in the market for golf balls in the United States?
Question 2 options:
a decrease in the price of golf balls
an increase in the price of green fees
an expectation by buyers that their incomes will increase in the very near future
a change in consumer tastes away from golf and toward tennis
Answers
C) A belief on the part of buyers that their incomes will rise in the foreseeable future.
What causes a change in the demand curve?The ceteris paribus, or "other things being equal," assumption is one that economists frequently employ. It states that all other variables must remain constant for the analysis's purposes while analyzing the economic effects of a particular event.
Changes in tastes, population, income, the cost of substitute or complementary goods, and expectations regarding future conditions and prices are just a few of the variables that can cause the demand curve for goods and services to shift, resulting in a different quantity being demanded at any given price.
Input prices, weather conditions, technological advancements, and changes in government taxes, laws, or subsidies are a few examples of factors that might affect the supply curve for products and services, resulting in a different quantity being delivered for any given price.
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What is one cost of avoiding insurance?
Answers
Answer: One of the costs of not having insurance is the cost of repairing. Another cost is paying insurance premiums. Losses caused by a lack of insurance are the price of not having insurance.
Answer:
falling into debt if faced with a serious problem
Explanation:
Which of the following information is not displayed on a company’s profile (tearsheet) page on Capital IQ?
Answers
The information is not displayed on a company’s profile (tearsheet) page on Capital IQ is information that is not concern the company.
What is a Tearsheet page?A tear sheet, can be regarded as the fact sheet, which is usually a one-page document that comprises the key financial information that concern a particular company.
It do contain the overview of leadership and services and This page provides the necessary business description as well as the, industry classification of the investors, hence The information is not displayed on a company’s profile (tearsheet) page on Capital IQ is information that is not concern the company.
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no having enough money for the shoes you want means?
Answers
Answer:
That you can't get the shoes that you want because you don't have enough money or go to work to get some more money for your shoes that you want
Answer:
lack of money ..u must work hard to money so that you can the shoes that you want
Most organizations are structured along functional lines or areas. Write a 1-2 page paper to communicate these functional aspects of a management information system. Explain what information is required and available to each functional area of an organization.This assignment needs to have the following:• A cover page (includes student's name, date, class title, and assignment title)• Paper needs to be 1-2 pages (minimum 1 full page),
Answers
Answer:
m
Explanation:
How is emotional intelligence related to motivation?
Answers
Answer:
Emotional intelligence means being self-motivated
Self-motivation relates to internal drive. Emotionally intelligent individuals understand the deeper meaning of their goals and the self-motivation skills required to achieve them.
Answer:
The results show that emotional intelligence is positively related to positive emotions and negatively related to negative emotions. Positive emotions positively predict both self-motivation towards physical education classes and resilience. Resilience positively predicts self-motivation.
The following list includes selected permanent accounts and all of the temporary accounts from the December 31 unadjusted trial balance of Emiko Co., a business owned by Kumi Emiko, Emiko Co. uses a perpetual inventory system.
Credit Debit $ 30,000 5,600 33,000 $529,000 Merchandise inventory Prepaid selling expenses Dividends Sales Sales returns and allowances Sales discounts Cost of goods sold Sales salaries expense Utilities expense Selling expenses Administrative expenses 17,500 5,000 212,000 48,000 15,000 36,000 105,000
Additional Information
Accrued and unpaid sales salaries amount to $1700. Prepaid selling expenses of $3,000 have expired. A physical count of year-end merchandise inventory is taken to determine shrinkage and shows $28.700 of goods still available.
(a) Use the above account balances along with the additional information, prepare the adjusting entries.
(b) Use the above account balances along with the additional information, prepare the closing entries.
Answers
Answer:
a) Dr Sales salaries expense $1,700
Cr Sales salaries payable $1,700
Dr Selling expense $3,000
Cr Prepaid selling expense $3,000
Dr Cost of goods sold $1,300
Cr Inventory $1,300
b) 1. Dr Sales revenue $529,000
Cr Income summary $529,000
2. Dr Income summary $444,500
Cr Cost of goods sold $213,300
Cr Sales return and allowance $17,500
Cr Sales discount $5,000
Cr Sales salaries expense $49,700
Cr Utilities expense $15,000
Cr Selling expense $39,000
Cr Administrative expense $105,000
3.Dr Income summary $84,500
Cr Retained earnings $84500
4. Dr Retained earnings $33,000
Cr Dividend $33,000
Explanation:
a) Preparation of the adjusting entries.
Dr Sales salaries expense $1,700
Cr Sales salaries payable $1,700
Dr Selling expense $3,000
Cr Prepaid selling expense $3,000
Dr Cost of goods sold $1,300
($30,000-$28,700)
Cr Inventory $1,300
b) Preparation of the closing entries.
1. Dr Sales revenue $529,000
Cr Income summary $529,000
2. Dr Income summary $444,500
($213,300+$17,500+$5,000+$49,700+$15,000+$39,000+$105,000)
Cr Cost of goods sold $213,300
($212,000+$1,300)
Cr Sales return and allowance $17,500
Cr Sales discount $5,000
Cr Sales salaries expense $49,700
($48,000+$1,700)
Cr Utilities expense $15,000
Cr Selling expense $39,000
($36,000+$3,000)
Cr Administrative expense $105,000
3. Dr Income summary $84,500
($529,000-$444,500)
Cr Retained earnings $84500
4. Dr Retained earnings $33,000
Cr Dividend $33,000
• Macroeconomic Indicators: During the simulation, you made decisions concerning government spending. Discuss the impact of your decisions on key macroeconomic indicators such as real GDP growth and unemployment. Refer to the graphs “Real GDP Growth” and “Unemployment Rate” from your simulation results to illustrate the impact. • Interest Rates: Describe how your changes in interest rates impacted inflation and other key macroeconomic indicators used in the simulation. Refer to the “Inflation Rate” graph from your simulation results. • Please answer the questions above based on the results below: • • Your approval rating is low and your population is dissatisfied with the state of the economy. Review the game instructions and the Macroeconomics materials to see how your economic policy making can be improved. • The economy is growing at a good pace. See if you can identify the policy decisions that have resulted in this level of economic growth. • Consumption is falling. Remember that consumption is the largest component of GDP in an economy. • The inflation rate is negative, meaning that there is deflation. Falling prices can be dangerous for an economy as consumers postpone their purchases as they wait for prices to fall further and the economy can go into a downward spiral. • The budget deficit is large. Consider what can be done to bring government spending in line with revenues. This can be done by raising taxes or keeping government spending under control. However, remember that cutting spending too much might lead to a recession.
Answers
Answer:
To increase exports and import only necessary items.
Explanation:
The only way to bring government spending in line with revenues is the more production of goods which fulfill the necessities of the existing population as well as extra amount of goods can be exported to other countries in exchange of money. This export of goods increase the purchasing power of the country. The government should imports only the necessary items such as food products and medicines that is used on daily basis. The luxurious items should not be imported or increase tax on these items. In this way, we bring the government spending in line with revenues.