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djverab [1.8K]
4 years ago
10

4. List four contributions of small business to the American economy.

Business
1 answer:
dangina [55]4 years ago
8 0

Answer:

Innovation, job creation, financial independence and financial success

Explanation:

The United State of America is a capitalist state where individuals control the factors of production. Government,s participation is reduced to the minimal which might only be regulation.

Small businesses in America grows to become big companies as time goes on. They contribute in no small way to the economy of the united state in the following ways: innovation, job creation, financial independence and financial success.

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You are depositing $1,234 in a saving account now and two years from now you deposit another $2,345 into the same savings accoun
Softa [21]

Answer:

4,494.68

Explanation:

Formula

Fc = Ic (1+i) ^ n

Where;

Fc= Final Capital

Ic= Inicial Capital

i= interest rate

n= period

In this particular case:

Fc = 1234 (1+0.034556) ^ 8 + 2345 (1+0.03456) ^ 6

Fc = 4,494.68

4 0
3 years ago
n preparing a company's statement of cash flows for the most recent year using the indirect method, the following information is
nalin [4]

Answer:

$34,000

Explanation:

Calculation for the Net cash provided by operating activities

Net income 52,000

Adjustments :

Add Depreciation expense 30,000

Less Decrease in Accounts payable (18,000)

Less Increase in accounts receivables (25,000)

Less Increase in inventories (5,000)

Net cash provided by operating activities $34,000

Therefore Net cash provided by operating activities was: $34,000

3 0
3 years ago
During the recent​ recession, several European countries proposed austerity measures that would help shrink the size of the nati
antiseptic1488 [7]

Answer: Option A

Explanation:

In Europe during the recession the policy rate of the banks like LIBOR and EURIBOR etc were already very close to zero so unlike United states of america they were not able to decrease the rate further. The monetary policy of Europian banks and authorities saw a major failure in that period.

7 0
4 years ago
Unitech has the following inventory information. July 1 Beginning Inventory 20 units at $19 $ 380 7 Purchases 70 units at $20 1,
rewona [7]

Answer:

B. $600

Explanation:

The average cost method assigns a cost to inventory items based on the total cost of goods purchased (or produced) in a period divided by the total number of items purchased (or produced). Weighted Average Unit Cost is calculated by following formula:

Weighted Average Unit Cost = Total Cost of Inventory /Total Units in Inventory

Total value purchased in July = $1,400+$220 = $1,620

Weighted Average Unit Cost = ($380+$1,620)/100 = $20

Ending inventory = 30 x $20 = $600

Noted: The company did not have date of selling merchandise. In the situation, assuming that the company uses periodic inventory system.

8 0
4 years ago
< Back to Assignment Attempts: Average: / 1 3. Rules versus discretion This question addresses the issue of whether monetary
Gemiola [76]

Answer:

  • Monetary rules may lead to a lower sacrifice ratio because the public is more confident that the Federal Reserve will keep inflation low.
  • The time inconsistency of policy problem can be eliminated by having the central bank commit to a particular policy rule.

Explanation:

Monetary Policy by a central bank is what decides how much money will be in an Economy and so can have influence on interest and inflation rates.

There have been some arguments as to whether Central banks like the Fed should use a Rule based approach where monetary policy is in line with set rules vs Discretionary where the Fed can implement monetary policy based on their perception of Economic events.

Some of the arguments presented by proponents for the Rule based approach are;

  • If certain rules in place to govern monetary policy in terms of inflation keep the inflation rate stable and low, the sacrifice ratio will be lower. The sacrifice ratio refers to the costs of a fluctuating inflation rate on the economy with producers producing less when inflation falls as they wait for it to rise again. If the rate is kept low, the producers would have to produce regardless.
  • If the Fed were to commit to certain rules, policy will be implemented on a consistent basis such as the increase in money supply every period. This would remove the time inconsistency of policy problem.
7 0
4 years ago
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