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2 years ago

What economic theory would be most likely to make a person oppose taxing imports?

Business

1 answer:

aleksklad [387]2 years ago

5 0

The economic theory most likely to make a person oppose taxing imports is "<u>Laissez-faire"</u>

"Laissez-faire" is an economic theory that opposes the government's involvement in economic affairs.

Imposing a tax on imports can have implications for local businesses.

Thus, this theory gained popularity in the USA in the 18th century opposing the government's intervention in economic affairs.

It's a French phrase that means "Let us do," because people believed that imports and exports should be managed by states and not the central government.

Scholars believed that economies go down when governments start imposing taxes on imports.

If you need to learn more about Laissez-faire, click here:

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Victory Corporation sold 400 shares of treasury stock for $45 per share. The cost for the shares was $35. The entry to record th

Marianna [84]

Answer:The entry to record the sale will include a Credit toPaid in Capital from treasury stock at $4,000.

Explanation:

Journal entry to record sale of shares

Accounts and explanation Debit Credit

Cash $18,000

Treasury stock $14,000

Paid in Capital from Treasury STOCK $4,000

Calculation

CASH = Number of shares x Price per share

= 400 x $45=$18,000

Treasury stock = Number of shares x Price per share

= 400 x $35=$14,000

Paid In Capital = Cash - Treasury stock= $18,000- $14,000= $4000

6 0

3 years ago

Assume that the reserve requirement is 10%. All other things being equal, will the money supply expand MORE if the Fed buys $1,0

Strike441 [17]

Solution:

The reserve ratio is 10%.

Money multiplier = $\frac{1}{reserve requirement }$ = $\frac{1}{0.10}$ = 10.

So, the money multiplier increases by 10.

Money supply = amount x money multiplier = 1,000 x 10 = 10000

Therefore, because any certain items are equivalent, the rise in the currency supply is 10000 dollars.

When the FED sells 1,000 million worth of debt, this would further increase the monetary market, as the investments are fresh funds and the income from the bank is now used in the money supply.

8 0

3 years ago

You just sold 900 shares of Alcove stock at a price of $34.08 a share. Last year you paid $39.20 a share to buy this stock. You

ehidna [41]

Answer:

d. -$4,608

Explanation:

The computation of the total capital gain is shown below:

Total capital gains is

= (End value - Beginning value) × 900 shares

= ($34.08 - $39.20) × 900 shares

= -$4,608

Hence, the total capital gain on this investment is -$4,608

Therefore the option d is correct

And, the same is to be relevant

5 0

3 years ago

If a company buys back $100 worth of stock, this increases the cash flow to the stockholders by ___.

andreyandreev [35.5K]

If a company buys back $100 worth of stock, this increases the cash flow to the stockholders by exactly $100.

This is further explained below.

<h3>What are stockholders ?</h3>

Generally, An person or a legal organization that is registered by a company as the legal owner of shares of the share capital of a public or private business is referred to as a shareholder of that corporation.\

In conclusion, When a corporation repurchases $100 worth of its own stock, the result is an increase in cash flow of precisely $100 to the firm's investors.