The answer is: [A]: "vertical scope" .
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A major advantage of the built-in or automatic stabilizers is that they require no legislative action by Congress to be made effective.
<h3>What are automatic stablizers?</h3>
Automatic stabilizers are stabilizers that adjust the economy automatically without the intervention of the congress. An example of an automatic stablizer is taxes.
In an expansion, progressive tax increases the tax paid by citizens and in a contraction, tax paid is reduced and this increases disposable income.
Here is the complete question:
A major advantage of the built-in or automatic stabilizers is that they:
(a) simultaneously stabilize the economy and reduce the absolute size of the public debt.
(b) automatically produce surpluses during recessions and deficits during inflation.
(c) require no legislative action by Congress to be made effective.
(d) guarantee that the federal budget will be balanced over the course of the business cycle.
Location externalities (skilled labor force, supporting industries in place, etc.) are considered a<u> country-specific</u> factor when choosing a location of production.
In economics, an externality or outside fee is an indirect cost or benefit to an uninvolved third party that arises as an effect of some other celebration's interest. Externalities may be taken into consideration as unpriced items are concerned in either customer or manufacturer marketplace transactions.
Location externalities describe the mutual interplay among marketers, which at a micro-stage manner that the vicinity of one or extra families and/or companies in a neighborhood modifies the nice of that neighborhood.
There are 4 predominant forms of externalities – positive consumption externalities, tremendous production externalities, negative consumption externalities, and negative production externalities. Externalities create a social fee in which items are undersupplied or create harm to the surroundings.
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Answer:
$1,088.144
Explanation:
The applicable formula is as below as derived form annuity concepts.
M = PV × <u> r </u>
1 − (1+r)−n
where p= $220,000
r = 4.3% interest rate per year;
Per month interest rate = 0.043 /12=0.00358
r = 30 year, in months = 30 x 12 =360
Therefore
M= $220,000 x <u> 0.00358</u>
1-(1+0.00358) ^ - 360
M=$220,000 x <u> 0.00358</u>
1 - 0.2762
M = $220,000 x(0.00358 /0.7238
M = $220,000 x 0.00494611
M = $1,088.144
Based on the information given the current ratio is:1.4.
<h3>Current ratio</h3>
Using this formula
Current ratio=Current assets/Current liabilites
Where:
Current assets=$191,800
Current liabilities=$137,000
Let plug in the formula
Current ratio=$191,800/$137,000
Current ratio = 1.4
Inconclusion the current ratio is:1.4.
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