1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
svetoff [14.1K]
2 years ago
12

unless u.s. legislatures give courts and prison administrators more leeway to interchange prison sentences with community senten

ces, states will continue to find themselves in economic crises as they attempt to provide for the of the inmate population projected to be elderly by the year 2030.
Business
1 answer:
Bas_tet [7]2 years ago
7 0

Unless u.s. legislatures give courts and prison administrators more leeway to interchange prison sentences with community sentences, states will continue to find themselves in economic crises as they attempt to provide for the 33% of the inmate population projected to be elderly by the year 2030.

<h3>What is an economic crisis in your own words?</h3>
  • The term "economic crisis" refers to a situation where a country's economy has a sudden decline in strength, typically caused by a financial crisis. The current economic situation could manifest as stagflation, a recession, or an economic depression.
  • Asset values endure a sharp decrease in value during a financial crisis, firms and individuals cannot pay their loans, and financial institutions face a liquidity shortage.
  • An economic crisis occurs when a country has a sudden decline as a result of a financial crisis, whereas a financial crisis is a situation in which the values of financial assets in an economy collapse rapidly.
  • A debt crisis can result in significant losses for domestic and foreign banks, potentially jeopardizing the viability of financial systems both in the crisis-hit nation and beyond. This may hinder economic expansion and wreak havoc on international financial markets.

Unless u.s. legislatures give courts and prison administrators more leeway to interchange prison sentences with community sentences, states will continue to find themselves in economic crises as they attempt to provide for the 33% of the inmate population projected to be elderly by the year 2030.

To learn more about economic crises, refer to:

brainly.com/question/307213

#SPJ4

You might be interested in
Consider each person's situation to determine who would be counted among the "unemployed."Laura works 20 hours in a paid positio
kvv77 [185]

Answer:

The correct answer is letter "A": Erik.

Explanation:

Unemployment occurs when a person actively looking for work can not find a job. The most frequently cited indicator of unemployment is the unemployment rate, which is the number of unemployed people divided by the number of employees in the labor force.

Thus, <em>Erik can be considered unemployed since he is volunteering at school, meaning he is not earning any compensation for that, and he is actively looking for a job even if he has not been able to find one yet.</em>

8 0
3 years ago
QS 7-5 Allowance method for bad debts LO P2 Gomez Corp. uses the allowance method to account for uncollectibles. On January 31,
Kaylis [27]

Answer:

Jan 31

Dr Allowance for doubtful accounts $2,800

Cr Accounts receivable—C. Green $2,800

Mar 09

Dr Accounts receivable—C. Green $2,300

Cr Allowance for doubtful accounts $2,300

Mar 09

Dr Cash $2,300

Cr Accounts receivable—C. Green $2,300

Explanation:

1. Preparation of the journal entry for January 31

Jan 31

Dr Allowance for doubtful accounts $2,800

Cr Accounts receivable—C. Green $2,800

2. Preparation of the journal entries for March 9

Mar 09

Dr Accounts receivable—C. Green $2,300

Cr Allowance for doubtful accounts $2,300

Mar 09

Dr Cash $2,300

Cr Accounts receivable—C. Green $2,300

6 0
3 years ago
Suppose that the Fed has decided to utilize the Taylor rule to implement monetary policy. If the actual federal funds rate targe
spin [16.1K]

Answer:

The correct answer is:

A) monetary policy is very expansionary.

Explanation:

In this case the Taylor Rule states that the Fed must increase rates as the target of the inflation is up the Gross Domestic Product. Therefore, according to the expansionary policy, the central bank employs certain mechanisms in order to look with favor on the economy. The main idea of this strategy is to be able to lower the interest rates and also to increase the aggregate demand.

5 0
3 years ago
On January 1, 2017, Marin Company purchased 12% bonds, having a maturity value of $320,000, for $344,260.74. The bonds provide t
kap26 [50]

Answer and Explanation:

The Journal entry is shown below:-

1. Debt Investment Dr, $344,260.74  

       To Cash $344,260.74

(Being cash paid is recorded)

2. Interest Receivable Dr, $38,400  

       To Debt Investment $3,973.93

        To Interest Revenue $34,426.07

(Being interest received is recorded)  

Fair Value Adjustment  Dr, $1,713.19  ($342,000 -$340,286.81)

     To Unrealized Holding Gain or Loss - Equity $1,713.19

(Being fair value adjustment is recorded)

3. Unrealized Holding Gain or Loss - Equity  $7928.68

($335,915.49 - $329,700 + $1,713.19)

       To Fair Value Adjustment 7,928.68

(Being unrealized loss or gain is recorded)

Working note

 Book value of    Interest         Interest     Amortization  Book value

  debt beginning  Revenue   Receivable   (d = c - d)       of debt

        (a)                    b=(a × 10%)      c                                    at the end

                                             ($320,000 × 12%)                   (e - d)

$344,260.74      $34,426.07    $38,400      $3,973.93  $340,286.81

$340,286.81      $34,028.68    $38,400       $4,371.32   $335,915.49

8 0
3 years ago
Macrosoft Company reports net income of $62,000. The accounting records reveal depreciation expense of $77,000 as well as increa
iren2701 [21]

Answer:

$108,500

Explanation:

The preparation of the operating activities section is presented below

Cash flow from operating activities

Net income $62,000

Add: depreciation expense $77,000

Add: Increase in account payable $10,000

Add: Increase in income tax payable $16,500

Less: Increase in prepaid rent -$57,000

Cash flow from operating activities $108,500

The negative amount shows cash outflow and the positive amount shows the cash inflow

5 0
4 years ago
Other questions:
  • John is a low-level employee at an accounting firm. In his duty as an employee at the firm, John forges documents and signatures
    13·1 answer
  • Which method of finding employment is good to use if you already know of specific companies that you'd like to work for?
    9·1 answer
  • Which of the following changes will increase short-run output? Group of answer choices an increase in the parameter governing ho
    13·1 answer
  • Wexler Corporation has established a new policy on employee e-mails. The policy reads: "All e-mail sent using the company server
    5·1 answer
  • Both accounts receivable and notes receivable represent claims that are expected to be collected in cash. True or Fa;se
    14·1 answer
  • The most important, most convenient, and most flexible way in which the Federal Reserve affects the supply of bank reserves is t
    12·1 answer
  • Is cereal soup or no?
    8·2 answers
  • Follow me for more points!​
    7·1 answer
  • What is the term for forecasts used for making day-to-day decisions about meeting demand?.
    7·1 answer
  • Discuss the differences between utilization and efficiency as measures of system performance. Which (if any) is the most useful
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!