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2 years ago

Your textbook notes a new form of policy experiment that would provide everyone with a guaranteed income called.

1 answer:

7 0

Your textbook notes a new form of policy experiment that would provide everyone with a guaranteed income called Universal Basic Income.

<h3>What is a Universal Basic Income (UBI)?</h3>

UBI is a government scheme in which every adult citizen receives a set amount of money on a regular basis.
A basic income system's aims are to reduce poverty and to replace existing need-based social programs that may require more bureaucratic engagement.
The concept of universal basic income has gained traction in the United States as automation replaces labor in manufacturing and other sectors of the economy.
A recent two-year experiment in Finland in which universal basic income essentially replaced unemployment benefits found that UBI users were no more likely than the control group to obtain new work.

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3 years ago

Which consideration must a society address when deciding for whom to produce a potentially scarce or limited

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Answer:

Who has the greatest need?

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3 years ago

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The following cost data for the month of May were taken from the records of the Terrence Manufacturing Company: Depreciation on

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Answer:

80,000

Explanation:

Cost data of the month of May was taken from Terrence manufacturing company

The manufacturing cost incurred during the month can be calculated as follows

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4 years ago

Which organization, established in 1946, primarily serves to loan funds to underdeveloped and developing nations, where the fund

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International bank for reconstruction and development was formed

primarily serves to loan funds to underdeveloped and developing

nations.

Loan involves lending money to an individual or organization. This is also

referred to a form of debt accrued through this process.

Developed nations established International bank for reconstruction and

development in 1946 to loan funds to underdeveloped and developing

nation. The funds are used to finance projects ranging from road and

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3 years ago

A fixed coupon bond with par value of $1,000 has a coupon of 6%, semiannually payable. The current annual nominal market interes

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Answer:

at a discount; greater than 6%

Explanation:

A fixed coupon bond is a long-term debt paper that has a predetermined and fixed interest rate. This is known as coupon rate. In this example, the bond's yield to maturity is higher than the coupon rate. Therefore, this is selling at a discount. Moreover, because the bond is selling at discount, current yield would be more than coupon rate (6%).

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3 years ago