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Darya [45]
2 years ago
9

What role does the government play in the economy’s circular flow ?

Business
1 answer:
xxMikexx [17]2 years ago
3 0
The government uses goods, and services to provide public goods like education, roads, and more
You might be interested in
Except media what else can provide job information<br>​
kifflom [539]

Answer:

see below

Explanation:

Other sources of job information are

<u>1. Trade or professional associations </u>

They are organizations formed by professionals in the same career path. Members frequently meet to share information regarding developments in their profession.

2<u>. Family and friends working in different organizations</u>

Close friends and relatives are an important source of information for vacancies existing in different workplaces.

<u>3. Educational institutions</u>

In some cases, employers share information on their available job opportunities with schools and colleges.

<u>4. Career or employment agencies</u>

Employment agencies have updated information on various labor requirements for different employers

6 0
3 years ago
A homeowner decides to rent a spare bedroom in her single-family house to a tenant for $500 per month. When a 24-year-old man as
brilliants [131]

Answer:

Should not be concerned

Explanation:

In the scenario being described, it can be said that the homeowner should not be concerned. That is because even though she did discriminate against the individual, Single-family homes rented without the use of a real estate agent or advertising are exempt from the federal Fair Housing Act. This holds true as long as the owner of the property does not own more than three homes at any given time. Therefore since there was no real estate agent, the man can't sue.

4 0
3 years ago
Three grams of musk oil are required for each bottle of Mink Caress, a very popular perfume made by a small company in western S
Harrizon [31]

Answer:

1. Direct Materials Budget  Units( bottles)    66,000    102,000   140,000    94,000 Total 452,000

2. Costs Raw Materials   $ 297,000 $ 459,000  $ 630,000  $ 423,000  

Total 2034,000

<u />

Explanation:

Direct Materials Budget in Bottles & Grams

                                                   Year 2                                          Year 3

                                       First        Second       Third         Fourth      First

Budgeted production, 60,000     90,000    150,000    100,000    70,000

Desired Ending Inventory

20 % 0f the Production   18,000   30,000    20,000      14,000

Less Beginning Inventory  

<u>36,000/ 3                       12,000     18,000   30,000    20,000      14,000</u>

D. Materials Budget     66,000    102,000   140,000    94,000

<u>Grams in a Bottle             3              3               3                3          </u>

Raw Materials gms     198,000     306,000   420,000    282,000

<u>Costs                             $1.50           $1.50        $1.50          $1.50      </u>

<u>Costs Raw Materials   $ 297,000 $ 459,000  $ 630,000  $ 423,000 </u>

<u />

<em>We add the desired ending inventory to the budgeted production and subtract the beginning inventory to get the direct materials budget in bottles. This is again multiplied with 3 gms and the cost per gram to get the total costs of the total grams. Each bottle contains 3 grams. </em>

<em></em>

Direct Materials Budget in Bottles & Grams

                                                   Year 2                                        

                                       First        Second       Third         Fourth      Total

Budgeted production, 60,000     90,000    150,000    100,000    450,000

Add Desired Ending Inventory

20 % 0f the Production   18,000   30,000    20,000      14,000     82,000

Less Beginning Inventory  

<u>36,000/ 3                 12,000     18,000   30,000    20,000      80,000          </u>

D. Materials     66,000    102,000   140,000    94,000   452,000

<u>Grams in a Bottle       3              3               3                3                 3              </u>

Raw Materials      198,000     306,000   420,000  282,000   1356,000

<u>Costs                      $1.50           $1.50        $1.50          $1.50        1.50          </u>

<u>Costs Raw Materials   $ 297,000 $ 459,000  $ 630,000  $ 423,000 </u>

<u>Total  $ 2034,000</u>

<u />

3 0
4 years ago
Fetzer Company declared a $0.55 per share cash dividend. The company has 200,000 shares authorized, 190,000 shares issued, and 8
Evgesh-ka [11]

Answer:

Debit Retained Earnings $104,500; credit Common Dividends Payable $104,500.

Explanation:

Dividends Payable = 190,000 x $0.55 = $104,500

3 0
3 years ago
Do all businesses need to be insured?
Arisa [49]

Answer: All business cannot be insured, some business that involved gambling ,speculation loss of profit through competition and through fall in demand cannot be insured

Explanation:

Insurance is a pool of risk, it is a wise choice made by a business organizations against unforeseen circumstances. The business is said to be full of risk, having said that not all the risk of business can be insured. The following risk cannot be insured

Gambling : This is a game of chance in which the winner takes all, based on these it is difficult for insurance company to properly calculate the premium in which losses incurred on gambling business can be based.

Speculation : This is the business which involved buying and selling of shares with the hope of making huge profit when the price is higher. Such a business has a high chance of risk which cannot be correctly calculated which made such business difficult to insure.

Loss of profit through competition : Competition in business is inevitable but insurance company cannot insure loss of profit through competition because business can rely on this to involved in careless competition in a bid to make profit.

Loss of profit through fall in demand : The demand in the goods and services produced by a business may fall due to certain factors. Insurance do not insure loss of profit through fall in demand due to the fact that it is difficult to calculate the premium that the business will pay to the insurance company to insure such loss of profit through fall in demand.

3 0
3 years ago
Read 2 more answers
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