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Oksi-84 [34.3K]
2 years ago
5

Friedrich hayek advocated for the concepts of laissez-faire economic thought and free markets. True or false?.

Business
1 answer:
babymother [125]2 years ago
8 0

It is false that Friedrich hayek advocated for the concepts of laissez-faire economic thought and free.

<h3>What is Hayek theory?</h3>

Hayek theory is on interest rate and how it is an important determinant in economy especially investors.

Savers and investors are very much interested in interest rate as the higher rate the better for them through time. Laissez-faire believes in allowing things to unfold itself without interfering.

Therefore, It is false that Friedrich hayek advocated for the concepts of laissez-faire economic thought and free.

Learn more Hayek theory below

brainly.com/question/4356318

#SPJ1

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Junkman Autos uses a separate checking account to pay their employees. The gross pay for the period was $1,000. However, after d
STALIN [3.7K]

Answer:

journal entry are given below

Explanation:

given data

gross pay for the period = $1,000

net pay for the period =  $820

to find out

journal entry to record the issuance of payroll checks

solution

journal entry are as

Account Name                       Debit                      Credit

Labor Expenses                        $1000

payroll taxes Payable                                                  $820

Net Payroll Payable                                                     $180

( $1000 - $820 )

6 0
3 years ago
Dr. Peabody recorded an $82 telephone bill that he will pay within thirty days. Which of the following statements is correct?
lana66690 [7]

Answer:

A. Telephone expense is debited $82; accounts payable is credited $82.

Explanation:

Mr. Peabody has incurred a debt of $82 on telephone expenses. His expenses have increased by $82, and his debts(liabilities) have also increased by $82.

An increase in expenses is recorded by debiting the relevant expense account. Mr. Peabody will debit the telephone expense account by $82.

Liabilities have increased by $82. An increase in liabilities is recorded by crediting the liabilities account. Mr. Peabody will complete this transaction by crediting the liabilities account by $82.

7 0
2 years ago
_____ provides employees with specific, identifiable knowledge and skills for use in their present jobs
timofeeve [1]
TRAINING provides employees with specific, identifiable knowledge and skills for use in their present jobs
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3 years ago
What is a stap you can take toward committing to a career path?
Karo-lina-s [1.5K]

Answer:

B. Check for positions in your area

Explanation:

i think though!! im not sure

5 0
3 years ago
Tobin Supplies Company expects sales next year to be $520,000. Inventory and accounts receivable will increase $90,000 to accomm
elena-s [515]

Answer:

$17,200

Explanation:

Calculation to determine How much external financing will Tobin Supplies Company have to seek

Net Income=[$520,000 x 20%]

Net Income = $104,000

Dividend Pay-out= [$104,000 x 30%]

Dividend Pay-out = $31,200

Additions to Retained Earnings = [$104,00 - $31,200]

Additions to Retained Earnings=$72,800

Now let determine the The External Financing Needed using this formula

The External Financing Needed = Increase in Assets – Additions to retained earnings

Let plug in the formula

The External Financing Needed= $90,000 - $72,800

The External Financing Needed= $17,200

Therefore The External Financing Needed is $17,200

7 0
2 years ago
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