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nikdorinn [45]
3 years ago
13

Who dismissed congress's plan to spend $40 billion to end the depression, saying it was impossible to "squander our way to prosp

erity"?
Business
2 answers:
Alexus [3.1K]3 years ago
5 0

Saying it was impossible to "squander our way to prosperity", President Hoover dismissed congress' plan to spend $40 billion to end the depression.

 

<span>To add, the American politician who served as the 31st President of the United States from 1929 to 1933 during the Great Depression was Herbert Clark Hoover.</span>

Blababa [14]3 years ago
3 0

The answer is President Herbert Hoover. His approach to depression were:

1.       He tried to restore confidence in the economy by asking business not to cut payrolls and labor not to ask for higher wages. Most of them initially agreed until 1931.

2.       He also cut taxes and pressed the Federal Reserve Board to cut interest rates to make borrowing easier.

3.       He procured $2 billion for public works projects.

4.       He established the Reconstruction Finance Corporation and the Home Loan Bank Act to assist businesses and head off some foreclosures but he was a fiscal conservative who said we couldn't "squander our way to prosperity," and so he disparate further spending plans.

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The internal rate of return (IRR) refers to the compound annual rate of return that a project generates based on its up-front co
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Answer:

The answer and procedures of the exercise are attached in the following archives.

Explanation:

Consider this explanation too

The IRR is the project’s expected rate of return, assuming that intermediate cash flows also earn the IRR. If this return exceeds the cost of the capital invested in the project, the excess value goes to the firm’s shareholders. Therefore, independent projects whose IRR is greater than the WACC should be accepted.

Therefore in this case WACC of the project is 7% and IRR of the project is 1.86% which is less than WACC of the project. Hence the firm reject the project delta.

Calculation of IRR is based on Cash inflows and outflows for the number of years so that increase in cost of capital will not affect IRR.

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3 years ago
Walmart What should you do if you cannot fit an entire case on the shelf
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Answer & Explanation:

If there is no other place for it. The case must be put back together and returned to the back room to be stored. There are times where it is acceptable to return a partial case to the back. An example is if a customer asks for an item out of the box.

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3 years ago
According to​ Zane, it was difficult for him to empower his employees and not​ micromanage; however, he realized that being resp
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Answer:

The answer is: Interpersonal skills                                

Explanation:

Interpersonal skills, also known as the soft skills, refers to the behavior of an individual while interacting or communicating with others. Interpersonal skills can also be described as the ability of an employee to work with others.

Interpersonal skills include effective communication, active listening, deportment, attitude and dispute resolving.

<u>Therefore, the given example illustrates </u><u>Interpersonal skills.</u>

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3 years ago
Mr. Rational has $27 that he plans to spend purchasing 5 units of good X (priced at $3 per unit) and 6 units of good Y (priced a
allsm [11]

Answer:

Option A, buy less of X and more of Y is correct.

Explanation:

The amount that Mr. Rational is going to spend = $27

Quantity of good X = 5 units

Price of good X (Px) = $3 per unit

Marginal utility of 5th unit of X (MUx) = 30

Quantity of good Y = 6 units

Price of good Y (Py) = $2 per unit

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Now \ find \  \frac{MUx}{Px} = \frac{30}{3} = 10 \\

Now \  \frac{MUy}{Py} = \frac{18}{2} = 9

Since \ the  \ \frac{MUx}{Px} is \ greater \ than \  \frac{MUy}{Py}.

So good x will be substituted for y in order to reach the consumer equilibrium.

\frac{MUx}{Px} =  \frac{MUy}{Py}

Thus, Option a. buy less of X and more of Y is correct.

4 0
3 years ago
When determining the production possibilities curve
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<span>So when we are determining the production possibilities curve, the amount of productive resource remain constant or at least an assumption is made that the amount of resources is fixed while deriving the curve. This is done that way because to avoid fluctuations in the curve while analyzing the curve.</span>
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