Officials argue that the government needs to reduce the national debt. Which actions are most likely to accomplish this goal?


Answer 1
Answer: If officials argue that the government needs to reduce the national debt, I believe that the actions that are most likely to accomplish this goal are to increase taxation and decrease spending.
If they increase taxation, more money will come into the state fund, and if they decrease spending, more money will actually stay there.
Answer 2
Answer: decrease taxation and spending

Related Questions

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12. A company has an EPS of $2.00, a book value per share of $20, and a market/book ratio of 1.2x. what is its P/E ratio
In-process research and development acquired in a business combination is Select one: A. credited to the Equity Investment account. B. recorded as indefinite-lived intangible assets, subject to amortization. C. expensed, consistent with the accounting treatment of a firm's own R & D expenditures. D. recorded as an indefinite-lived intangible asset, and annually tested for impairment.
Consider the information about the economy of Pakistan. Note that the currency of Pakistan is the rupee. The government purchases: 2.80 trillions of rupees. Individuals consume: 10.50 trillions of rupees. Individuals save: 5.10 trillions of rupees. Businesses invest: 1.30 trillions of rupees. Foreigners spend: 0.64 trillions of rupees to purchase Pakistani firms. Pakistan imports: 2.09 trillions of rupees. Pakistan exports: 1.30 trillions of rupees.

You expect to receive the annual property Net Operating Income (NOI) from a certain property as follows: Year 1 $20,000 Year 2 $22,000 Year 3 $30,000 Year 4 $31,000 Year 5 $40,000 3) What is the Total Present Value of the property given the 5 year holding period?



The answer is "353281.88".


In this question, the total present value for cash flow was its notion which states the today's currency is worth more than tomorrow. In other terms, money received by tomorrow is not as large as today.

Using formula:

Total present value of cash inflow  = 104913.35+248368.53=353281.88

Bedeker, Inc., has an issue of preferred stock outstanding that pays a $6.55 dividend every year in perpetuity. If this issue currently sells for $91 per share, what is the required return? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)



The required rate of return is 7.20%


The price of a share that pays a particular dividend amount in perpetuity is given by the below formula:

price of share=dividend/required rate of return

price of share is $91.00 per share

dividend payable in perpetuity is $6.55

required rate of return is unknown

$91=$6.55/required rate of return

required rate of return =$6.55/$91


to confirm the required of return,I divided the by the required rate of return as shown below:

6.55/0.0.72=$90.97 .approximately $91

That is a way to validate the computed required rate of return

Logistics Solutions provides order fulfillment services for dot merchants. The company maintains warehouses that stock items carried by its dot clients. When a client receives an order from a customer, the order is forwarded to Logistics Solutions, which pulls the item from storage, packs it, and ships it to the customer. The company uses a predetermined variable overhead rate based on direct labor-hours. In the most recent month, 120,000 items were shipped to customers using 2,300 direct labor-hours. The company incurred a total of $7,360 in variable overhead costs. According to the company's standards, 0.02 direct labor-hours are required to fulfill an order for one item and the variable overhead rate is $3.25 per direct labor-hour.
1. What variable overhead cost should have been incurred to fill the orders for the 120,000 items? How much does this differ from the actual variable overhead cost?
2. Break down the difference computed (1) above into a variable overhead rate variance and a variable overhead efficiency variance.



The correct answers are as follows:

Numbers of items shipped 140000

Standard Direct labor-hours 0.03

Total direct labor- hours allowed 140000*0.03

= 4200

Standard direct labor cost per hour $3.05

Total standard direct labor cost 3.05*4200


Actual cost incurred $15900

total standard direct labor cost $12810

Total direct labor variance = $15900-12810

$3090 F


2. Labor rate variance = (Actual rate - Standard rate) x Actual hours worked


265 U

Labor efficiency variance = (Actual hours - Standard hours) x Standard rate


3355 F

The asset's book value is $64,800 on June 1, Year 3. On that date, management determines that the asset's salvage value should be $6,400 rather than the original estimate of $11,400. Based on this information, the amount of depreciation expense the company should recognize during the last six months of Year 3 would be:a. $2,366.37
b. $4,866.67
c. $1,958.33
d. $2,433.33
e. $2,700.00





From the question we know that the asset is depreciated in 3 years

The monthly depreciation expenses before re-determine savage value

= ($64,800-$11,400)/36 = $1,483.33

Because management determine to reduce $5,000 in salvage value (=$11,400-$6,400) just before 6 months ending depreciation period, then we have to allocate $5,000 in next 6 months.

The depreciation expense during the last six months of Year 3 would be:

= current depreciation expense $1,483.33 + $5,000/6

= $2,316.67

In a perfectly competitive market in the long run, after all adjustments have occurred, an increase in demand causes equilibrium price to:


Spike before falling to the equilibrium level

Little Kona is a small coffee company that is considering entering a market dominated by Big Brew. Each company's profit depends on whether Little Kona enters and whether Big Brew sets a high price or a low price: Big Brow High Price Low PriceLittle Kona Enter $2 million, $3 million -$2 million, $1 million Don't Enter $0, $8 million $0,$3 millionBoth Little Kona and Big Brew have a dominant strategy in this game.a. Trueb. False





As long as the statement holds that ''each company's profit depends on whether Little Kona enters...'' and the response of the existing monopoly to charge a low price to keep its market share; then both little Kona and Big Brew have a dominant strategy in this game.

They both will become a duopoly which implies that there will be two players in the industry and the price of Big Brow will be greatly influenced by the presence of Little Kona. Big Brow could charge as high as $8 if Little Kona is absent but as low as $2 if Little Kona is enters the industry.

Obviously they both have a dominant strategy, considering further that the entrance of Little Kona changes the industry structure from monopoly to duopoly