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3 years ago

Which government action is used to limit the amount of scarce goods citizens can buy during wartime?

1 answer:

7 0

The government’s action that they use in limiting the amount of scarce of goods for citizens to buy during the wartime is rationing. Rationing is an action or process of having a person to have a limited or fixed amount in which in goods—they can only have or brought a limited amount of goods.

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Ashton has begun the plannig process for

Angelina_Jolie [31]

For his entreprenevrial venture

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3 years ago

Indicate what components of GDP (if any) each of the following transactions would affect. Check all that apply.

Kamila [148]

Answer:

Explanation:

1. No effect. The GDP is the total value of goods and services produced in a country in a specific period of time. If we are talking about US GDP, the purchase of a Belgium chocolate would not affect it.

2. Effect on investment. In spite Honda is a Japanese enterprise, it is producing in the United States. The GDP, is the value of all goods and services produced in country.

3. Effect on investment. Purchase of new housing affects the count of investment (not consume).

4. Affects consume. Because the air-conditioner was produced in the US.

5. Affects consume. They paid an accountant for a service produced in the U.S

6. Effect in government expenses. The salary for these workers is paid by the government, specifically the subdivision of New York.

7. Effect in government expenses. These economic benefits are paid by the government and no other private entities.

4 0

3 years ago

Riverbed Corporation has the following accounts included in its December 31, 2020, trial balance: Accounts Receivable $111,900,

777dan777 [17]

Answer:

$439,610

Explanation:

Preparation for the current assets section of the balance sheet

Current assets

Cash $32,000

Accounts Receivable$111,900

Allowance for Doubtful Accounts($9,080)$102,820

($111,900-$9,080)

Inventory $295,000

Prepaid Insurance $9,790

Total current assets $439,610

($32,000+$102,820+$295,000+$9,790)

Therefore the current assets section of the balance sheet is $439,610

4 0

3 years ago

Narrow Falls Lumber has total assets of $913,600, total debt of $424,500, net sales of $848,600, and net income of $94,000. The

Black_prince [1.1K]

Answer:

The firm's sustainable growth rate is 13%.

Explanation:

The firm's sustainable growth rate can be calculated using the following formula:

Sustainable growth rate = Retention Rate * Return on Equity ............. (1)

Where;

Dividend payout ratio = 30%, or 0.30

Retention rate = 1 - dividend payout ratio = 1 - 0.30 = 0.70

Shareholder's equity = Total assets - Total debt = $913,600 - $424,500 = $489,100

Return on equity = Net income / Shareholder's equity = $94,000 / $489,100 = 0.19

Substituting the relevant values into equation (1), we have:

Sustainable growth rate = 0.70 * 0.19 = 0.13, or 13%

Therefore, the firm's sustainable growth rate is 13%.

3 0

3 years ago

A low home inflation rate relative to other countries would ____ the home country's current account balance, other things being

Musya8 [376]

Answer:

Increase; increase.

Explanation:

Inflation can be defined as the persistent rise in the price of goods and services in an economy.

A low home inflation rate relative to other countries would increase the home country's current account balance, other things being equal. Low growth in the home income level relative to other countries would increase the home country's current account balance, other things being equal. A country's current account balance is a statement of the value of its exports and imports of goods and services at a specific period of time.

<em>Hence, when the level of inflation is low in a particular country; their current account balance would be high. However, when the level of inflation is high it results in low growth and as such increases the home country's current account balance, other things being equal. </em>

7 0

3 years ago