Answer:
The answer is :
A. Resource market - income
B. Expenditure - product market.
Explanation:
A. Resource market - income
B. Expenditure - product market
The circular flow model shows how money moves through the economy in exchange for goods, services, and resources.
A.
In circular flow of income, households provide inputs to firms through the resource market(matket where households supply land, labor, capital, and entrepreneurship) in exchange for money(income or wages).
B.
Also in circular flow of income, firms receives expenditure from household and this type of market is called product market(which refers to a place where goods and services are bought and sold)
Answer:
Interest Expenses for six month = $44309.045
Explanation:
Given:
Sold amount = $805,619
Yield = 11% = 11/100 = 0.11
Interest Expenses = ?
Computation of Interest Expenses :
Time period (January 1 to July 1) = 6 month
Yield = 0.11 / 2 = 0.055 semi-annually
Interest Expenses = Sold amount × Yield
Interest Expenses for six month = $805,619 × 0.055
Interest Expenses for six month = $44309.045
Answer:
$399,000
Explanation:
We need to understand that deductible is a portion of a loss that is covered in the policy but must be paid by the insurance purchaser, these terms stated in the insurance contract.
Here, the actual value of the business personal property at the time of this report was $400,000. (Only the actual value is covered)
Deductible is = $1,000
Acme's insurer will pay an amount of $399,000 ($400,000 - $1,000) for the described loss.
The answer would be D. Jobs often require your social security when applying.