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3 years ago

The circular flow model examines interactions between which sectors of the economy? Check all that apply.

Business

2 answers:

nirvana33 [79]3 years ago

4 0

Business, Government, and Household sector is the answer

sattari [20]3 years ago

3 0

Answer: Business, Government and Household sector

Explanation: A circular flow diagram shows the flow of goods and services between the firms, households and the government. Role of each sector,

Business- Supply goods and service to the households and government sector in return for revenue and make factor payments to the households.

Household- They supply factors of production to the government and the business sector in return for factor payments and purchase goods and services from them.

Government- This sector produces goods and services, taxes the households and business sector and also provides transfer payments or subsidies to them.

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If you put $50 in a savings account that paid 10% compounded yearly, how much interest would you earn in 3 years?

stepladder [879]

Answer:

$66.55

Explanation:

10% of 50 = 5

55 in one year

10% of 55 = 5.5

60.5 in two years

10% of 60.5 = 6.05

66.55 in three years

Hope this helped

4 0

3 years ago

If net operating income is $83,000, average operating assets are $415,000, and the minimum required rate of return is 13%, what

tester [92]

Answer:

$29,050

Explanation:

The computation of the residual income is shown below:

Residual income = Net operating income - Minimum required income

= $83,000 - $53,950

= $29,050

Here

Minimum required income = Average operating assets × Minimum required rate of return

= $415,000 × 13%

= $53,950

This should be the answer and the options provided are wrong

6 0

2 years ago

At the beginning of this year, daily consumption of gasoline in the US amounted to 344 million gallons. It is estimated that for

Shkiper50 [21]

Answer:

335.43 million gallons

Explanation:

price elasticity of demand (PED) = % change in quantity demanded / % change in price

PED = -1.9% / 10% = -0.19, very inelastic

expected price increase $0.40

% change in price = ($3.45 - $3.05) / $3.05 = 13.11%

% change in quantity demanded:

-0.19 = D / 13.11%

D = 2.49%

quantity demanded will decrease by 2.49%, from 344 million gallons to 335.43 million gallons

8 0

2 years ago

Inflation can decrease _____, which reduces the amount of goods and services a person can afford

PtichkaEL [24]

Inflation is the situation in which the same amount of money is worth less- meaning that it will have less purchasing power (so one can buy less for 100 dollars now than 10 years ago) - the correct answer is "purchasing power". Lower purchasing power reduces the number of goods that people can afford.

7 0

2 years ago

Read 2 more answers

On January 1, a company borrowed cash by issuing a $300,000, 5%, installment note to be paid in three equal payments at the end

Stella [2.4K]

Answer & Explanation:

1- What would be the amount of each installment?

The principal to be paid in each instalment = $300,000/3 = $100,000

1st instalment = $300,000*5% + $100,000 = $115,000

2nd instalment = $200,000*5% + $100,000 = $110,000

3rd installment = $100,000*5% +$100,000 = $105,000

2- Prepare an amortization table for the instalment note.

Please see excel in attachment

3- Prepare the journal entry for the second installment payment.

Debit loan payables account: $100,000

Debit Interest expenses: $10,000

Credit cash: $110,000

Download xlsx

5 0

2 years ago