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Olenka [21]
3 years ago
9

What made Americans so willing to engage in stock market speculation in the 1920s? People were in an optimistic mood, and they w

ere willing to take a risk. Speculation was the lowest-risk way to invest in the stock market. People felt they had little to lose, and there were few other options. Speculation helped many low-income people move to the middle class.
Business
2 answers:
labwork [276]3 years ago
8 0
I believe the answer is: Speculation helped many low-income people move to the middle class. 

Due to the early development of industrial economy in the 1920s, the stock market experienced a period where most of company's value keep increasing over several years forward. This make a lot of people manage to grow their investment very quickly and obtain a lot of wealth.
Rudiy273 years ago
6 0
The question is asking to choose among the following choices that made Americans so willing to engage in stock market speculation in 1920s'. Base on my research and further understanding, I would say that the answer would be <span>Speculation helped many low-income people move to the middle class.</span> 
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In its first month of operations, Skysong, Inc. made three purchases of merchandise in the following sequence: (1) 320 units at
Sidana [21]

Answer:

(a) $1,760

(b) $1,100

Explanation:

Given that,

Skysong, Inc. made three purchases of merchandise:

(1) 320 units at $5

(2) 420 units at $7

(3) 520 units at $8

Units on hand at the end of the period = 220

(a) Under FIFO method,

cost of ending inventory:

= Units on hand at the end of the period × $8 (From the last purchase)

= 220 × $8

= $1,760

(b) Under LIFO method (Comprise units from the first purchase),

cost of ending inventory:

= Units on hand at the end of the period × $8 (From the first purchase)

= 220 × $5

= $1,100

8 0
3 years ago
Mike paid $4,000 of interest on a qualified education loan that he used to pay for his dependent son’s college education. How mu
Dmitry [639]

Answer:

$1,250

Explanation:

<u>The cap for student loan in behalf of your son if deductible up to 2,500.</u>

<em />

<em>The requirement are:</em>

qualified loan.

married filing jointly which aren't dependents on someone else's tax return

Income below for married filing jointly: 135,000

Above this, it pahses out gradually until 165,000 dollars.

Therefore, the calculation are as follow:

interest paid: 4,000

cap:                2,500

max deduction: 2,500

according to income:

135,000  -> deduction for 2,500

165,000 -> deduction for 0

Mike and his spouse income: 150,000

150,000 is half way so they can deduct half the amount: 1,250

7 0
4 years ago
Cost of Goods Sold Pine Creek Company completed 200,000 units during the year at a cost of $3,000,000. The beginning finished go
Tatiana [17]

Answer:

$3,085,000

Explanation:

FIFO means first in first out. It means it is the first purchased inventory that is the first to be sold.

The costs of goods sold would first be allocated to the beginning inventory = $310,000

The remaining cost of goods sold Je allocated to the inventory made during the year = 210,000 - 25,000 = 185,000

185,000 × ( $3,000,000 / $200,000) = $2,775,000

Total cost of goods sold = $2,775,000 + $310,000 = $3,085,000

I hope my answer helps you

3 0
4 years ago
Regardless of whether you are looking through the microeconomics microscope or the macroeconomics telescope, the fundamental sub
VARVARA [1.3K]

Answer:

Regardless of whether you are looking through the microeconomics microscope or the macroeconomics telescope, the fundamental subject material of the interconnected economy does not change.

Explanation:

Yes, regardless of whether we are looking through the microeconomics microscope or the macroeconomics telescope, the fundamental subject material of the interconnected economy does not change. Because there is very strong interlink between the elements of an economy and there are interlinked quite perfectly as well. As we have two main parts of an economy which are organisations and households, which have coordination in three different types of markets which are goods and services, labor and financial market. Organisations sell their products to the households. Money taken from household is taken by firms. Organisation needs to have people in order to make their products so the money flows to the labor market simultaneously as well. Organisations put their savings and profits whit the financial institutions and in this way money flows and all of these factors are interlinked with one another.

4 0
3 years ago
A newly formed country in the Caribbean has no high tariffs, yet other countries find it difficult to trade with the new country
atroni [7]
 non-tariff barriers
<span>
Non tariff barriers are a way to restrict </span>trade<span> using </span>trade barriers<span> in a form other than a </span>tariff<span>. </span>Non tariff barriers include r<span>equirements for labeling, product testing, product certifications,</span>quotas, embargoes, sanctions, levies and other restrictions that would restrict import of goods and services.
8 0
4 years ago
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