If someone made payments to purchase vehicle and to pay remainder of balance when picking up the vehicle then changes mind is there a refund owed on payments?

When the government collects taxed and pays out transfer payments as a way to balance the economy what are these fiscal tools called?

Automatic Stabilizers - because the taxes and transfer payments change when an individuals income changes, it allows an "automatic" change that should eventually balance out.

When the government collects taxes and pays out transfer payments as a way to balance the economy what are these fiscal tools called?

Automatic Stabilizers - because the taxes and transfer payments change when an individuals income changes, it allows an "automatic" change that should eventually balance out.

How is the balance of an account determined?

The balance of payments is composed of the current account and the capital account, plus the monetary account (changes in reserve assets) which is really a settlement account of the above two.

What are the factors which influence the balance of payments of a country?

Changes in GDP ,price of domestic goods, exchange rates and direction and size of capital flows

Why did my car loan balance increase?

Your car loan balance may have increased due to factors such as missed payments, accrued interest, fees, or changes in the loan terms. It's important to review your loan agreement and contact your lender for specific details.

Why does my principal payment fluctuate?

Your principal payment may fluctuate due to changes in interest rates, the length of your loan term, or any additional payments you make towards the principal balance.

Why does my interest payment fluctuate on my car loan?

Your interest payment on your car loan may fluctuate due to changes in the interest rate set by the lender or fluctuations in the outstanding balance of the loan. Interest rates can change based on market conditions or the terms of your loan agreement, leading to variations in your monthly payments. Additionally, if you make extra payments or miss payments, the outstanding balance of the loan can change, affecting the amount of interest you owe each month.

What are causes of adverse balance of payment?

Causes of DisequilibriumVarious causes of disequilibrium in the balance of payments or adverse balance of payments are as follows: 1. Development Schemes:The main reason for adverse balance of payments in the developing countries is the huge investment in development schemes in these countries. The propensity to import of the developing countries increases for want of capital for industrialization. The exports, on the other hand, may not increase because these countries are traditionally primary producing countries. Moreover the volume of exports may fall because newly created domestic industries may need them. All this leads to structural changes in the balance of payment resulting in structural disequilibrium.2. Price-Cost Structure:Changes in price-cost structure of export industries affect the volume of exports and create disequilibrium in the balance of payments. Increase in prices due to higher wages, higher cost of raw materials, etc. reduces exports and makes the balance of payments unfavorable.3. Changes in Foreign Exchange Rates:Changes in the rate of exchange is another cause of disequilibrium in the balance of payments. An increase in the external value of money makes imports cheaper and exports dearer; thus, imports increase and exports fall and balance of payments become unfavourable. Similarly, a reduction in the external value of money leads to a reduction in imports and an increase in exports.4. Fall in Export Demand:There has been a considerable decline in (he export demand for the primary goods of the underdeveloped countries as a result of the large increase in the domestic production of foodstuffs raw materials and substitutes in the rich countries. Similarly, the advanced countries also find a fall in their export demand because of loss of colonial markets. However, the deficit in the balance of payment due to the fall in export demand is more persistent in the underdeveloped countries than in the advanced countries.5. Demonstration Effect:According to Nurkse, the people in the less developed countries tend to follow the consumption patterns of the developed countries. As a result of this demonstration effect, the imports of the less developed countries will increase and create disequilibrium in the balance of payments.6. International Borrowing and Lending:International borrowing and lending is another reason for the disequilibrium in the balance of payments. The borrowing country tends to have unfavourable balance of payments, while the lending country tends to have favourable balance of payments.7. Cyclical Fluctuations:Cyclical fluctuations cause cyclical disequilibrium in the balance of payments. During depression, the incomes of the people in foreign countries fall. As a result, the exports of these countries tend to decline which, in turn, produces disequilibrium in the home country's balance of payment.8. Newly Independent Countries:The newly independent countries, in order to develop international relations, incur huge amounts of expenditure on the establishment of embassies, missions, etc. in other countries. This adversely affects the balance of payments position.9. Population Explosion:Another important reason for adverse balance of payments in the poor countries is population explosion. Rapid growth of population in countries like India increases imports and decreases the capacity to export.10. Natural factors:Natural calamities, such as droughts, floods, etc., adversely affect the production in the country. As a result, the exports fall, the imports increase and the country experiences deficit in its balance of payments.

What are Dependencies between current assets and current liabilities either through balance creations or balance changes?

dependencies between current assets and current liabilities either through balance creations or balance changes.

Which statements are prepared from the general ledger with no changes to the account balance?

balance sheet

Do quarterly estimated taxes have to be equal for all payments?

No, quarterly estimated tax payments do not have to be equal. They can vary based on changes in income or deductions throughout the year.

What detects changes of internal or external stimulus?

sense of balance