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3 years ago

Which of the following is influenced by personal economic choices? Check all that apply.

1 answer:

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These are factors that influences the personal economic choices that a person will decide:
-the resources you have available
-the money you decide to spend on leisure products
-the amount of money you put into your savings account
-and the manner in which you balance your time between work and leisure
In the answers above, the only choice that I did not check is number 1 because it is not a personal choice that is applied to everyone. resources and money are saved and used for personal choices of a person for leisure and needs.

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Extrapolative expectations work when prices are rising, but not when prices decline. True or False True False

Lemur [1.5K]

Answer:

False

Explanation:

Extrapolative expectations refer to an expectation in which there is a continuation of trend that means if the price of a property rises, then the demand is also rising and it pushed for more prices also there is a condition when the price is falling so it would also decrease in the market supply also it pushed out down

So the given statement is false

6 0

3 years ago

On January 1, 2016, Sheldon Unlimited issues 12%, 15-year bonds payable with a face value of $250, 000. The bonds are issued at

vova2212 [387]

Answer:

1. Date Account Title and Explanation Debit Credit

January 1 Cash $265,000

2016 Premium on bonds payable $15,000

Bonds payable $250,000

(To record Issuance of bonds )

2 . Date Account Title and Explanation Debit Credit

June 30 Bond interest expense $14,500

2016 Premium on bonds payable $500

Cash $15,000

(Interest on bond paid and Premium amortized)

3 . Date Account Title and Explanation Debit Credit

Dec 31 Bond interest expense $14,500

2016 Premium on bonds payable $500

Cash $15,000

(Interest on bond paid and Premium amortized)

4. Date Account Title and Explanation Debit Credit

Dec 31 2030 Bonds payable $250,000

Cash $250,000

(Bond redeemed)

Working

Bond issue price (250000 / 100*106) $265,000

Face value $250,000

Premium on bonds payable $15,000

Number of Interest payments (15 years x 2) 30 period

Discount/ premium to be amortized per Half year $500.00

Interest on bond $15,000.00

Interest expense to be recorded $14,500

(15000-500)

8 0

3 years ago

The scarcity problem: Group of answer choices has been solved in all industrialized nations. persists because economic wants exc

Zina [86]

Answer:

persists because economic wants exceed available productive resources.

Explanation:

The scarcity problem is the fundamental economic problem in every kind of society: from the most primitive, to the most advanced, and this is because the nature of human beings is that they are never fully satisfied, and always want more, no matter how rich or poor they are.

In advanced nations such as the United States, Switzerland, or Norway, the scarcity problem still exists. This is why there are economists in these countries in the first place, and why economic policy is a central part of any politician's and government's platform.

4 0

3 years ago

Three years ago, Adrian purchased 100 shares of stock in X Corp. for $10,000. On December 30 of year 4, Adrian sells the 100 sha

Sholpan [36]

Answer:

1. Assume Adrian has no other capital gains or losses, how much of the loss is Adrian able to deduct on her year 4 tax return?

Adrian's loss is $4,000, and depending on whether Adrian is married or not, she will be able to deduct up to $3,000 (if married) during the current tax year and carry forward the remaining $1,000 loss. If she is single, then she can only deduct $1,500 per year and must carry forward $2,500.

2. Assume Adrian has no other capital gains or losses, except that on January 20 of year 5, Adrian purchases 100 shares of X Corp. stock for $6,000. How much loss from the sale on December 30 of year 4 is deductible on Adrian’s year 4 tax return? What basis does Adrian take in the stock purchased on January 20 of year 5?

She cannot deduct any losses due to the wash sale rule, that states that her loss will be added to the basis of the new stocks that she purchased. The wash sale rule states that if you purchase the same stocks within a 60 day period, you cannot recognize any loss on any previous sale. Instead, her basis on the stocks will be $6,000 + $4,000 = $10,000.

Explanation:

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3 years ago

A catalog merchant wants to build a new distribution center that will improve inventory management, storage of products, shippin

Goryan [66]

The situation is an example of relationship specific adaptations. Relationship specific adaptations is defined as investment in adaptation process, procedures or product that is specific to needs in regards to an exchange partner or the capabilities of an exchange partner.

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4 years ago