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icang [17]
3 years ago
8

What are some of the ways in which the government is involved in the economy? what are the advantages and disadvantages of gover

nmental involvement?
Business
1 answer:
ArbitrLikvidat [17]3 years ago
5 0
The government can control tariffs and can limit how much can be imported into the usa.
The government can provide subsidies to certain producers, typically farmers.
The government can put a ceiling and a floor on prices as they wish. They can control the lowest and highest price a commodity can sell for.
The government can own public works such as a water company if they feel they can provide the service for a lower cost than the local competitors.
The government can decide which companies are monopolies and which companies are violating federal policies regarding trade. The government has the power to break up monopolies.
Each of these has advantages and disadvantages. For example, for farmers, when prices on their crops are too low, the government "gives" them money for their crops so they can stay in business.
A monopoly business controls the price and supply. If the monopoly is broken up, then competitors can enter the field- this can help drive down prices.
If the government can provide utility services for cheaper, that is good.

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A trial balance prepared after the closing entries have been journalized and posted is the ____(A) Unadjusted trial balance.(B)
AleksAgata [21]

Answer:

(B) Post-closing trial balance

Explanation:

after the closing entries, the temporary accounts are closed. It will only disclosure the permanent accounts, which are the assets, liabilities and equity of the business.

The unadjusted TB will be before adjusting entries and closing entries.

The adjusted TB will be before the closing entries, it wil include both, temporary and permanent accounts

The worksheet is an auxiliary paper to create the financial statements.

The general ledger compiles each account balance and transaction related to each account to determiante  this balance.

6 0
4 years ago
Cassidy is planning to obtain a loan from her bank for $210,000 for a new home. the bank has approved cassidy’s loan at a fixed
Grace [21]

Cassidy's approximate monthly payment stands at $1420. if Cassidy lives planning to obtain a loan from her bank for $210,000 for a new home.

<h3>What is the payment monthly?</h3>

The monthly payment is the quantity paid per month to pay off the loan in the time period of the loan. When a loan is taken out it isn't only the top amount, or the original payment loaned out, that needs to be repaid, but also the good that accumulates.

<h3>What is a loan amortization schedule?</h3>

It is described as the systematic method of representing loan payments according to the time in which the principal amount and interest exist mentioned in a list manner

It is given that:

  • Cassidy lives planning to obtain a loan from her bank for $210,000 for a new home.
  • A fixed annual interest rate of 2.7% compounded monthly for 15 years.

The formula is:

P=F_{P} (i)/1-(1+i)^{-1}

Plug all the values in the above formula:

P=210000(2.7/12)/1-(1+(2.7/12)^{-15*12}

$1420.

Hence,

Cassidy's approximate monthly payment stands at $1420.

To learn more about monthly payment, refer

brainly.com/question/2151013

#SPJ4

4 0
1 year ago
What type of system is used by senior management to help make decisions such as nonroutine decisions requiring​ judgment, evalua
Rom4ik [11]

Answer:

Executive support systems

Explanation:

Executive Support Systems enable users to convert organisational data from various departments (such as accounts, HR, sales etc.) into summarized reports needed by senior management to make key decisions. Some Executive Support System tools can be used to analyze data and enable top management to determine forecasts based on input data.

4 0
3 years ago
Sheffield Corporation has outstanding 1,800 $1,000 bonds, each convertible into 40 shares of $10 par value common stock. The bon
alekssr [168]

Answer and Explanation:

The Journal entry is shown below:-

Bonds payable Dr,            $1,800,000

(1,800 × $1,000)

    To Discount on bonds payable        $30,000

    To Common stock                              $720,000

(1,800 × 40 × $10)

     To Paid-in-capital in excess of par   $1,050,000

(Being conversion of bond into common stock is recorded)

Therefore for recording the conversion using the book value approach we simply debited the bonds payable and credited the discount on bonds payable, common stock and paid-in-capital in excess of par.

5 0
3 years ago
Which characteristic does Martin, a marketing manager, demonstrate in the following situation?
Lorico [155]

Answer:

Discrimination

Explanation:

1) diversity --- not diversity

2) discrimination --- possibly discrimination. Discriminating against other groups.

3) inclusiveness --- means to cover many areas, not the case here. He is covering only his area.

4) persecution --- ill treatment based by race, or political beliefs.

I am not considering "men" on his team, because it doesn't apply discrimination. He simply is just biased to his people. Which is a group. However he is not just persecuting someone. Best answer is discrimination.

4 0
3 years ago
Read 2 more answers
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