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HACTEHA [7]
3 years ago
12

A country wants to create a fair economy for its people. The government takes control over the country's biggest companies and p

uts groups of workers in charge. All citizens are encouraged to share the wealth produced in these companies equally, This situation best reflects the influence of which economic thinker? O A. Adam Smith O B. Karl Marx O C. John Maynard Keynes O D. Thomas Robert Malthus​
Business
1 answer:
Komok [63]3 years ago
4 0

Answer:

B). Karl Marx

Explanation:

Karl Marx is the economic thinker whose influence has been best reflected in the given situation as it talks about socialism which is the intermediate phase between capitalism and attaining full communism as per Marx. Socialism advocates collective pr governmental ownership and administration of the means of production and distribution of goods as mentioned in this situation. It is the foundation to communist society (Marx's proposed version of an ideal economy) where the people hold the ownership of distribution of resources collectively. Thus, <u>option B</u> is the correct answer.

You might be interested in
The JCM contends that these dimensions are required for a high level of motivation among workers.
sleet_krkn [62]

Answer:

b) autonomy

c) meaningful work

e) feedback

Explanation:

The Job Characteristics Model (JCM) states that motivation increases when the employee cares about his job and what he does at his job. In this sense a meaningful work is one that is considered important and is valued by the employee. Autonomy is important because it gives the employee a sense of personal responsibility. How jobs are designed is critical for employee motivation. Finally the employees need feedback both from their coworkers and management, since it not only helps them correct mistakes but it also makes them feel noticed and an important part of the organization.

7 0
3 years ago
Jamie and Peter Dawson own 220 shares of Duke Energy common stock. Duke Energy’s quarterly dividend is $0.86 per share. What is
s344n2d4d5 [400]

Answer:

$189.20

Explanation:

Quarterly amount of dividend check = quarterly dividend per share x number of shares.

Quarterly dividend = $0.86

number of shares = 220

Check amount = 220 x $0.86

                        = $189.20.

Cheers.  

5 0
3 years ago
River Walk Tours is expected to have an EBIT of $184,000 next year. Depreciation, the increase in net working capital, and capit
vaieri [72.5K]

Answer: $2,584,798.06

Explanation:

We'll calculate the expected free cash flow(FCF) from year 1-5 and this will be:

FCF1 = Expected EBIT × (1 - tax rate) + Expected Depreciation - Expected Increase in net working capital (NWC) - Expected Capital Spending

FCF1 = $184,000 × (1 - 21%) + $11,000 - $1,500 - $13,000

FCF1 = $184,000 × (1 - 0.21) + $11,000 - $1,500 - $13,000 = $141,860

Since the growth rate is 6% for next 3 years and then there'll be a constant growth rate (g) of 2.50% thereafter. Then the expected free cash flow will be:

FCF2 = $141,860.00 × (1 + 6%) = $150,371.60

FCF3 = $150,371.60 × (1 + 6%) = $159,393.90

FCF4 = $159,393.90 × (1 + 6%) = $168,957.53

FCF5 = $168,957.53 × (1 + 2.5%) = $173,181.47

Then we'll calculate the terminal value at the end of Year 4 which will be:

= FCF5 / (WACC - g)

= 173,181.47 / (9.2% - 2.5%)

= 173,181.47 / (0.0920 - 0.0250)

= 173,181.47 / 0.0670

= $2,584,798.06

Therefore, the terminal value of the company’s cash flows is $2,584,798.06

7 0
3 years ago
find the nominal annual rate of interest compounded monthly if $1200 accumulates to $1618.62 in years
Gwar [14]

Answer:

Nominal annual rate of interest(r) = 2.5% (Approx)

Explanation:

Given:

Present value (P) = $1,200

Future value (F) = $1,618.62.

Number of year = 1year = 12 months

Find:

Nominal annual rate of interest(r)

Computation:

Nominal annual rate of interest(r) = \sqrt[12]{\frac{1,618.62}{1,200} }-1

Nominal annual rate of interest(r) = \sqrt[12]{1.34885}-1

Nominal annual rate of interest(r) = 0.02525

Nominal annual rate of interest(r) = 2.5% (Approx)

7 0
3 years ago
If the number of memberships at the local gym increased from 400 to 500 when the membership price fell from $48 to $40 per month
masya89 [10]

The price elasticity of demand coefficient, rounded to one decimal place is 1.5

<h3>How to calculate price elasticity of demand</h3>

Change in price = $48 - $40

= $8

% change in price = 8/48 × 100

= 16.67%

change in quantity demanded = 500 - 400

= 100

% change in quantity demanded = 100/400 × 100

= 25%

Price Elasticity of Demand = percent change in quantity ÷ percent change in price

= 25% ÷ 16.67%

= 1.49970005998800

Approximately, 1.5

Learn more about price elasticity:

brainly.com/question/24384825

8 0
2 years ago
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