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stealth61 [152]
3 years ago
12

What was President Bush's response to the financial crisis?

Business
1 answer:
Tasya [4]3 years ago
7 0

Answer:

The answer is e. to support a federal bailout of the banking industry

Explanation:

To response to financial crisis, President Bush had addressed in the public television that the federal bailout of damaged financial institutions was necessary to avoid long and painful recession.

In fact, his administration had implemented an $700 billion worth of Trouble Asset Relief Program since October 2008, in which the amount from federal government's budget was spent on bailout damaged financial institutions such as American International Group (AIG), and bad mortgage debts.

So, e is the correct choice.

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Jameson Corporation was organized on May 1. The following events occurred during the first month.
olya-2409 [2.1K]

Answer:

Answer:

Date     General Journal                Debit          Credit

a.           Cash                                 $70,000

                   Common stock                              $5,000

                   (5*100 shares * $10)

                   Additional paid - in - capital          $65,000

b.          No journal entry required       -                      -

c.           Cash                                  $18,000

                     Notes payable (long term)             $18,000

d.            Equipment                      $11,000

                      Cash                                                $1,500

                       Notes payable (Short term)          $9,500

e.             Notes receivable          $2,000

                       Cash                                                $2,000

f.              Store fixtures                $15,000  

                       Cash                                                 $15,000

7 0
3 years ago
You've decided to buy a house that is valued at $1 million. You have $350,000 to use as a down payment on the house, and want to
IRISSAK [1]

Answer:

d. 5704.02

Explanation:

Nper = 30*12 = 360

Rate = 10%/12 = 0.008333

PV = 650,000

Using the MS Excel function:

Monthly payment = PMT(RATE, NPER, -PV)

Monthly payment = PMT(10%/12, 360, -650000)

Monthly payment = $5,704.02

8 0
3 years ago
In one hour, the United States can produce 25 tons of steel or 250 automobiles. In one hour, Japan can produce 30 tons of steel
Whitepunk [10]

Answer:

For USA

Opportunity cost of 1 ton of steel = 250 / 25 = 10 automobiles

opportunity cost of 1 auto mobile = 25 / 250 = 0.1 ton of steel

For Japan

Opportunity cost of 1 ton of steel = 275 / 30 = 9.17 automobiles

opportunity cost of 1 auto mobile = 30 / 275 = 0.109 ton of steel

Japan will produce steel and US will produce automobile

option D is correct answer

Explanation:

3 0
3 years ago
Assuming two investments have equal lives, a high discount rate tends to favor Group of answer choices the investment with even
notka56 [123]

Answer:

the investment with large cash flow early

Explanation:

This can be illustrated with an example.

There are 2 investments A and B

The cash flows of A =

Cash flow in year 1 = $50,000

Cash flow in year 2 = 0

Cash flow in year 3 = 0

The cash flows of B =

Cash flow in year 1 = 0

Cash flow in year 2 = 0

Cash flow in year 3 = 50,000

Discount rate for both investment is 40%

Present value of A = $35,714.29

Pesent value for B = $18,221.57

It can be seen that the investment with the higher cash flow early has a higher present value

3 0
2 years ago
Which of the following most accurately describes a podcast?​ a. ​A multiplayer, competitive activity b. ​An interactive version
hichkok12 [17]
C. A podcast is a prerecorded usually audio about someone discussing a subject.
8 0
3 years ago
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