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3 years ago

Consider the circular flow model to answer the questions that follow.

Business

1 answer:

Zarrin [17]3 years ago

6 0

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.

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).

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)

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McDonnell-Myer Corporation reported net income of $3,410 million. The company had 594 million common shares outstanding at Janua

Margarita [4]

Answer:

McDonnell-Myer's earnings per share for the year is $5.82

Explanation:

Earnings per share = Earnings Attributable to Holders of Common Stock / Weighted Average Number of Common Shares

Weighted Average Number of Common Shares Calculation :

Outstanding Common Shares - 1 January 594,000,000

Sold - February 28 (2/12×36,000,000) (6,000,000)

Retired - April 30 (4/12×6,000,000) (2,000,000)

Weighted Average Number of Common Shares 586,000,000

Earnings per share = $3,410,000,000/586,000,000

= $5.82

7 0

4 years ago

Suppose that the Federal Reserve purchases a bond for $100,000 from Reggie Rich, who deposits the proceeds in the Manufacturer’s

Nastasia [14]

Answer:

1. Money supply increase by $100,000 because federal reserve purchase bond of $100,000 from Riggie Rich.

2. Increase in additional loans = Deposits - Reserve Required Ratio

Increase in additional loans = $100,000 - $100,000*25%

Increase in additional loans = $100,000 - $25,000

Increase in additional loans = $75,000

As a result of Rich' s deposits, Manufacturers Bank will able to extend $75,000 in additional loans.

3. Increase in Deposits = Change in Reserve x 1 / RRR

Increase in Deposits = $100,000 * 1/25%

Increase in Deposits = $100,000 * 1 / 0.25

Increase in Deposits = $4,000,000

As a result of this purchase by the fed, the maximum increase in the quantity of checkable deposits that could result through out the entire banking system is $4,000,000

3 0

3 years ago

Which of the following statements about the percentage of coverage of a health insurance policy is TRUE?

Katarina [22]

The true statements here are:

A. and B.

Explanation:

In a policy that is for medical or in general converge of insurance it is usual business practice to get the percentage of coverage be the total amount of a medical expense that your insurance will pay before your deductible is met.

This means that the amount that is agreeable to pay by the insurance company is paid first and then the amount you put in is used.

With 80/20 plan of insurance, your insurance is deemed to be paying 80% and you pay 20%.

This plan relies on the fact that there is usually no need for the use of that much money from the side of the firm.

5 0

3 years ago

Do many companies like it when you look like a fool ?

Lena [83]

No, companies look for a serious employee. The look for neatness and how you carry yourself.

8 0

4 years ago

Read 2 more answers

Pharoah Company sublet a portion of its warehouse for five years at an annual rental of $71700, beginning on May 1, 2017. The te

MAXImum [283]

Answer:

Adjusting entries

Dr Unearned rent revenue $47,800

Cr Rent revenue $47,800 to record accrued rent revenue.

Explanation:

Contract value for one year $71,700

One month of rent $71,700/12 = $5,975

We will need to get how many month that has passed from May to December i.e 8 months

Value of 8 month of rent = 8 × $5,975

= $47,800 i.e earned portion of the contract.

Balance unearned rent revenue at year end= $71,700 - $47,800

= $23,900

4 0

3 years ago