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4 years ago

Socialist economy are examples of which type of economic system

Business

1 answer:

Elodia [21]4 years ago

6 0

The correct answer is - C) planned economies.

The socialist economy type is a planned economy. The planning though is for the whole economy, and it is done by the government officials. This type of economy was witnessed in multiple places around the world, USSR, Yugoslavia, Cuba, China, and more recently in Venezuela, Libya, and North Korea.

In general, this type of economy seems to often have very big problems because of the planning, as it more often than not is mistaken. That has often led to making huge debts, famines, and suffering of the people, and eventually this systems tend to fall apart.

The only exception seems to be Libya, under the rule of Gaddafi, where the economy and the society were thriving, but it was all ruined by a foreign intervention.

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The future value and present value equations also help in finding the interest rate and the number of years that correspond to p

Vilka [71]

Answer:

Explanation:

Solution:

Calculation for the the implied interest rate the investor will earn on the security

Using this formula

Future value = Present Value (1+r)^t

Where,

Future value =$7,300

present value = $6,000

t= period = 5 years

r= interest implied = ??

Let plug in the formula

Future value = Present Value (1+r)^t

$7,300 = $6,000 (1+ r)^5

1+ r = ($7,300/$6,000 )^(1/5)

1+ r = 1.216666666^(1/5)

1+ r = 1.04

r= 1.04-1

r= 0.04*100

r= 4%

Therefore the implied interest rate the investor will earn on the security will be 4%

4 0

3 years ago

f a taxpayer sells property for cash, the amount realized consists of the net proceeds from the sale. For each of the following,

Gala2k [10]

Answer:

a. The property is sold on credit.

The amount realized is the cash received at the date of sale and the cash that will be received in future when the credit is settled.

b. A mortgage on the property is assumed by the buyer.

The amount realized increases because the seller will see their debt reduced and still receive cash from the buyer for the purchase of the property.

c. A mortgage on the property is assumed by the seller.

The amount realized decreases because the realized amount will have to be net of the mortgage that the seller now has to pay.

d. The buyer acquires the property subject to a mortgage of the seller.

Amount realized increases as the buyer will become the one making mortgage payments instead of the seller which effectively means that the seller gets the realized value net of debt.

e. Stock that has a basis to the purchaser of $6,000 and a fair market value of $10,000 is received by the seller as part of the consideration.

Realized value increases to $10,000 because that is the fair value of the stock when exchange for the property.

5 0

3 years ago

Third State Bank wants to add a new branch office. It has determined that the cost of construction of the new facility will be $

Gnesinka [82]

Answer:

$298,206

Explanation:

The computation of the Net present value is shown below

= Present value of all yearly cash inflows after applying discount factor + salvage value - initial investment

where,

The Initial investment is $1,500,000

All yearly cash flows would be

= Annual net operating cash inflows × PVIFA for 20 years at 17%

= $319,522 × 5.6278

= $1,798,206

Refer to the PVIFA table

Now put these values to the above formula

So, the value would equal to

= $1,798,206 - $1,500,000

= $298,206

8 0

3 years ago

Item 1Item 1 Narchie sells a single product for $50. Variable costs are 60% of the selling price, and the company has fixed cost

Katarina [22]

Answer:

$235,000

Explanation:

The computation fo the safety margin is shown below:

As we know that

Margin of safety = Expected sales - break even sales

where,

Expected sales is

= 29,000 units × $50

= $1,450,000

And, the break even sales is

= Fixed cost ÷ contribution margin per unit

= $486,000 ÷ ($50 - $50 × 0.60)

= $486,000 ÷ $20

= 24,300 units

And, the selling price is $50

So the break even sales is

= 24,300 units × $50

= $1,215,000

So, the safety margin is

= $1,450,000 - $1,215,000

= $235,000

3 0

3 years ago

Why did volunteerism fail?

ICE Princess25 [194]

The right answer for the question that is being asked and shown above is that: "c.) President Hoover supported more federal government intervention." volunteerism fail because President Hoover supported more federal government intervention

5 0

3 years ago