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3 years ago

Who pleads with big business to hire again in great depression?

Business

2 answers:

kaheart [24]3 years ago

7 0

I believe the answer is: President Hoover

During the great depression, president Hoover made the plead since he believed that reducing the amount of unemployment would means that there would be more consumers that able to purchase products in the market. This ideally would start to bring America out of the depression.

But in the end, the plea made by president hoover fails since the majority of companies do not possess enough money to keep all of their employees.

Liula [17]3 years ago

7 0

It was President Herbert Hoover. When the Great Depression began, he called the business leaders to meet him and he asked them to keep up the production or not to lay off workers or cut wages. He believed that helping one another and not relying on government aid is the way to end Great Depression.

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What is a trust established while the owner of the trust is still alive

Yuri [45]

Answer:

A trust created while a person is still alive is called a Living Trust. The Living Trust is created when one person, a Grantor, places property into the trust.

Explanation:

5 0

2 years ago

you have 300,000 saved for retirement. your account earns 6% interest. How much will you put out each month

Marat540 [252]

$2727

What is compound interest?

Compound interest, also known as interest on principal and interest, is the adding of interest to the principal amount of a loan or deposit. It occurs when interest is reinvested, or added to the loaned capital rather than paid out, or when the borrower is required to pay it, so that interest is generated the next period on the principal amount plus any accumulated interest. In finance and economics, compound interest is common.

In contrast to simple interest, which does not compound since past interest is not added to the principal for the current period, compound interest allows interest to build over time. The interest per period multiplied by the number of periods in a year yields the simple annual interest rate.

Learn more about compound interest with the help of given link:-

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5 0

1 year ago

Flannery Corporation owns machinery with a book value of $520,000. It is estimated that the machinery will generate future cash

Aleonysh [2.5K]

Answer:

(d)$105,000.

Explanation:

Since the book value is more than the generated future cash flows so book value cannot be recovered. In this case, the generated future cash flows are ignored

In this scenario, we compare the values between book value and the fair value of machinery, the difference would be the loss on impairment of the asset

In mathematically,

= Book value of machinery - fair value of machinery

= $520,000 - $415,000

= $105,000

5 0

2 years ago

__________ unemployment refers to persons who purposefully quit their jobs and have not yet found a new job.

Westkost [7]

It would be frictional unemployment

6 0

2 years ago

A corporation issues for cash $1,000,000 of 10%, 20-year bonds, interest payable annually, at a time when the market rate of int

Jet001 [13]

Answer: The following statements is true: The amount of unamortized discount decreases from its balance at issuance date to a zero balance at maturity.

Unamortized discount amount is decreased from balance at provision to a nil balance at due date. This is so , as it will be liquidated over entire bond’s life and thus will reach $ 0 maturity.

Therefore, the correct option is (c).

6 0

2 years ago