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3 years ago

Complete the statements regarding types of economies

1 answer:

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In a "Free market" system, supply and demand forces affect the production and consumption decisions. There is little to no price control in such a system.

The first blank could also be "perfectly competitive" or "market efficient" system. The second blank can also be "deadweight loss". This means that producers are price takers, not price makers, and that the quantity produced and the equilibrium price of goods are determined by the free market. Usually this implies a very large number of firms producing identical products, with no collusion among them.

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Organizations known as ________ are often a source of funding for lower-income communities. These organizations have a significa

nevsk [136]

Answer:

The correct answer is CDIFs (Community Development Financial Institutions)

Explanation:

A Community Development Financial Institution (CDFI) is a kind of financial entity that supplies and provides assistance to marginalized and low-income communities. The CDFIs, which are certified by the US Department of the Treasury, may be community banks, credit unions, nonprofit organizations, venture capital funds or funds available for loans. They usually raise the money they lend through scholarships, loans with low interest rates, foundations, government or banks that seek to meet the requirements of the Community Reinvestment Act (known by its acronym in English as CRA). The CDFIs are very community-centered, directing their financing to small businesses, microenterprises, nonprofit organizations, commercial real estate and property as well as access to affordable housing.

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3 years ago

The company was organized on January 1, 2021. The firm was authorized to issue 100,000 shares of $3 par value common stock. Duri

Arte-miy333 [17]

Answer :

Option B: $393,000

Explanation :

As per the data given in the question,

The computation of the total stock holder equity at the end of 2021 is shown below:

Common stock (10,000 × $3 + 40,000 × $3) $150,000

Add: Paid-in capital in excess of par (10,000 × ($7 - $3) + 40,000 × ($8-$3) $200,000

Add: retained earning $70,000 ($110,000 - $40,000)

Less: Treasury stock ($3,000 × 9) $27,000

Stockholder's equity $393,000

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3 years ago

Suppose a bank has $200 million in checking account deposits with no excess reserves and the required reserve ratio is 15%. If t

Verizon [17]

Answer:

Excess reserve = $180 million

Explanation:

Required-reserve ratio: The minimum percentage that banks are required to keep as reserve is known as the required-reserve ratio. In this question, it is given as 10%. Multiply this ratio by the total deposit and you will get the required reserve in dollar amount.

Therefore the required reserve for this bank = 10% ×$200 million= $20 million

Excess reserve; Excess reserve is the balance of the total deposit over and above the required reserve. The bank can lend and create loan asset from this balance.

It is calculated as = Total deposit - Required reserve

So we apply this to our question

Excess reserve = $200 million - (10% × $200 million) = 180 million

Excess reserve = $180 million

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4 years ago

Suppose that the exchange rate between the dollar and the euro was euro0.879 per dollar in December 2018 and euro0.900 per dolla

mina [271]

Answer:

Explanation:

Suppose that the exchange rate between the dollar and the euro was euro0.879 per dollar in December 2018 and euro0.900 per dollar in December 2019. From December 2018 to December 2019, the euro: depreciated against the dollar because more euros are needed to purchase one dollar.

If you needed 0.879 euro in December 2018 in December 2019 you need 0.900 euro which means you need more euro to buy the dollar

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3 years ago

A basic idea of ___________ was to conduct time-motion studies to find the best way to perform each task, then teach people to u

ss7ja [257]

Answer:

a. scientific management

Explanation:

Scientific management -

Scientific management is also refers to as Taylorism .

According to this management practice , the work is analysed and synthesized in an appropriate manner and fashion , is referred to as scientific management.

The scientific experiments are conducted with proper procedure and management.

Hence , from the given information of the question,

The correct term is a. scientific management .

7 0

3 years ago