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Jet001 [13]
3 years ago
5

Discuss at least two (2) areas in which these deregulation policies impacted the u.s. economy overall and may have had roles in

laying the foundation for the great recession of 2008. provide a rationale for your response.
Business
1 answer:
mario62 [17]3 years ago
7 0
<span>From 1997 through 2006 the price of the average American home increased by nearly 125%. In the same time period this meant the home price ranged from 2.9-3.1 times the average household income. This led to fast and loose lending which include adjustable rate mortgages. This meant that once the economy crashed, up to 9 million homes were foreclosed on in one year, the average year normally sees roughly 1 million homes in foreclosure. In total, that represented $450 billion in losses from the banks.</span>
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Which of the following factors will cause the​ long-run aggregate supply curve to shift to the​ right?
dlinn [17]
D.All of the above
Because all of the above will cause it
6 0
3 years ago
Tangible and intangible benefits are defined as: a. None of these choices b. Tangible costs (benefits) can be reasonably quantif
Nata [24]

Answer: All of these choices are correct.

Explanation:

Tangible benefits are benefits that can easily be measured by an individual such as: cash and property while Intangible benefits are those benefits that can't easily be measured in units such as: security, experience, satisfaction.

4 0
3 years ago
Orange Corporation has budgeted sales of 26 comma 000 ​units, targeted ending finished goods inventory of 8 comma 000 ​units, an
Orlov [11]

Answer:

C. 30 comma 000 units

Explanation:

Inventory to be produced = Sales +ending inventory - Beginning inventory

= 26,000 + 8,000 -4,000

=30,000 Units (Answer is C. 30 comma 000 units ).

4 0
3 years ago
Helen recently received a credit card with a nominal interest rate of 21 percent. With the card, she purchased some new clothes
Ludmilka [50]

Answer:

It will take 14.2 months before Helen pays off the card.

Explanation:

PV Ordinary Annuity = C*[(1-(1+i/100)^(-n))/(i/100)]

C = Cash flow per period

i = interest rate

n = number of payments

250= 20*((1-(1+ 21/1200)^(-n*12))/(21/1200))

n(in years) = 1.19

Months = years*12 = 1.19*12 = 14.2 months

6 0
3 years ago
Dave Matthew Inc. issues 500 shares of $10 par value common stock and 100 shares of $100 par value preferred stock for a lump su
Sedaia [141]

Answer:

$78,199

Explanation:

If the market price of common stock is $165 per stock, then selling 500 common stocks should = $82,500

If the market price of preferred stock is $230 per preferred stock, then selling 100 preferred stocks should = $23,000

If we add both we would get $105,500. If we want to allocate the proceeds proportionally according to their market prices:

common stocks = ($82,500 / $105,500) x $100,000 = $78,199

preferred stocks = ($23,000 / $105,500) x $100,000 = $21,801

the journal entries should be:

  • Dr Cash account 78,199
  • Cr Common Stock account 5,000
  • Cr Capital Paid-in Excess of Par Value (Common Stock) account 73,199

  • Dr Cash account 21,801
  • Cr Common Stock account 10,000
  • Cr Capital Paid-in Excess of Par Value (Preferred Stock) account 11,801

3 0
3 years ago
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