Imagine you are an advisor to the president, and the economy has suddenly tanked. The president has two options: (1) he can try to stimulate the economy by getting ordinary citizens to spend, specifically by sending everyone a check for $1000 OR (2) he can try to stimulate the economy by getting major corporations to hire more employees by offering them a $20,000 tax credit for each new employee they hire. Which policy would you suggest he adopt and why?
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Question 1 Janet Brown is 45 and divorced. She has two children who live with her and are dependent on her. Stephen is 12. Sarah is 17 and has been certified as eligible for the disability credit. Janet’s financial information for 2019 and 2020 includes the following: 2020 2019 Salary and taxable benefits $105,000 $100,000 Car expenses deducted in computing employment income
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Scenario: You are employed by Pacific IT Solutions as a solutions integrator. Your job description is to implement IT solutions and provide customer support. One of your long-time customers, Western Mining, has their head office in Sydney and is opening a branch office in Brisbane. You have been contracted to setup the network. A meeting has been held to start the project. The minutes of the meeting are as follows:
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