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3 years ago

Why are resources for consumer consumption limited? in North Korea?

Business

2 answers:

Nikitich [7]3 years ago

8 0

Because north korean economy is weak, and resorces have to be protected.

oee [108]3 years ago

8 0

Answer:

Resources for consumer consumption are limited because of the large level of military spending.

Explanation:

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An economy starts in a long-run equilibrium, but then a severe drought kills crops and dramatically increases the price of food.

Triss [41]

Answer:

increase the money supply, but prices would forever be higher.

Explanation:

In this scenario, an economy starts in a long-run equilibrium, however a natural disaster such as drought kills crops and dramatically increases the price of food in the market. Thus, if the Federal Reserve wanted to stabilize the economy and return it back to full employment, it would increase the money supply, but prices would forever be higher.

The Federal Reserve System ( popularly referred to as the 'Fed') was created by the Federal Reserve Act, passed by the U.S Congress on the 23rd of December, 1913. The Fed began operations in 1914 and just like all central banks, the Federal Reserve is a United States government agency.

Generally, it comprises of twelve (12) Federal Reserve Bank regionally across the United States of America.

Like all central banks, the Federal Reserve is a government agency that is saddled with the following responsibilities;

I. The Fed controls the issuance of currency in United States of America: it promotes public goals such as economic growth, low inflation, and the smooth operation of financial markets.

II. It provides banking services to all the commercial banks in the country because the Federal Reserve is the "lender of last resort."

III. It regulates banking activities in the United States of America: it has the power to supervise and regulate banks.

4 0

3 years ago

What is career sub-field

g100num [7]

A subset career in another field, or sub discipline, smaller or more specialized area of study or occupation within a larger one

6 0

3 years ago

Find the accumulated value of an investment of $ 10 comma 000 for 3 years at an interest rate of 6 % if the money is a. compound

pickupchik [31]

Answer:

a) $11,940.52

b) $11,956.18

c) $11,966.81

d) $11,910.16

Explanation:

Given:

Investment amount = $10,000

Time = 3 years

Interest rate = 6%

Now,

Amount = $P\times(1+\frac{r}{n})^{nt}$

A = total amount

P = principal or amount of money deposited,

r = annual interest rate

n = number of times compounded per year

t = time in years

Thus,

a) compounded semiannually

n = 2

$Amount = \$10,000\times(1+\frac{0.06}{2})^{2\times3}$

Amount = $10000 × 1.03⁶

Amount = $11,940.52

b) compounded quarterly

n = 4

$Amount = \$10,000\times(1+\frac{0.06}{4})^{4\times3}$

Amount = $10000 × 1.015¹²

Amount = $11,956.18

c) compounded monthly

n = 12

$Amount = \$10,000\times(1+\frac{0.06}{12})^{12\times3}$

Amount = $10000 × 1.00536³⁶

Amount = $11,966.81

d) compounded continuously

n = 12

$Amount = \$10,000\times(1+\frac{0.06}{1})^{1\times3}$

Amount = $10000 × 1.06³

Amount = $11,910.16

4 0

3 years ago

Grant, Inc., acquired 30% of South Co.’s voting stock for $200,000 on January 2, Year 1, and did not elect the fair value option

shepuryov [24]

Answer:

A. $30,500

Explanation:

As it did not elect fair value it choose for equity method.

We icnrease when income is delcare and decrease whn cash payment are distribute considering our percentage of participation.

200,000 beginning investment

+ 80,000 x 30% income = +24,000

- 50,000 x 30% dividends - 15,000

<u>+100,000 </u>x 30% income + 30,000

239,000

Half this investment is 119,500

amount received 150,000

gain n sale: 30,500

6 0

3 years ago

Multiply the sum of the range of cells A7 through B10 by the sum of the range of cells B2 through C9

IRISSAK [1]

Complete question:

Add the range of cells A1:B10

Divide A2 by the sum of the range of cells in A10 through C10

Find the highest number in the cell range A1:C10

Subtract B8 from the sum of cells C1 through C10

Multiply A6 by the sum of cells A1 through C10 and then divide the result by A2

Find the lowest number in the cell range A1:A10

Calculate the average of cells C1:C10

Multiply the sum of the range of cells A7 through B10 by the sum of the range of cells B2 through C9

Find the average of all data in the spreadsheet (A1:C10)

Subtract C10 from the sum of the cells in the range A1 through A10

Solution:

Done this solution With the Microsoft's Excel

shift - F3 (insert function) may help.

Add the range of cells A1:B10

=SUM(A1:B10)

Divide A2 by the sum of the range of cells in A10 through C10

=A2/SUM(A10:C10)

Find the highest number in the cell range A1:C10

=MAX(A1:C10)

Subtract B8 from the sum of cells C1 through C10

=SUM(C1:C10)-B8

Multiply A6 by the sum of cells A1 through C10 and then divide the result by A2

=A6*SUM(A1:C10)/A2

Find the lowest number in the cell range A1:A10

=MIN(A1:A10)

Calculate the average of cells C1:C10

=AVERAGE(C1:C10)

Multiply the sum of the range of cells A7 through B10 by the sum of the range of cells B2 through C9

=SUM(A7:B10)*SUM(B2:C9)

Find the average of all data in the spreadsheet (A1:C10)

=AVERAGE(A1:C10)

Subtract C10 from the sum of the cells in the range A1 through A10

=SUM(A1:A10)-C10

8 0

3 years ago