1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Monica [59]
3 years ago
13

11) One tenet of classical economics is that A) the role of the government should be limited, since the market will always be se

lf-correcting. B) the government should intervene whenever necessary to avoid any unemployment. C) wages and prices are "sticky downward." D) the government should set a minimum wage slightly above the natural market equilibrium rate.
Business
1 answer:
STatiana [176]3 years ago
7 0

Answer:

The correct answer is A) the role of the government should be limited, since the market will always be self-correcting.

Explanation:

Principle of minimum state intervention, free market or laissez faire: at least government, the best, economic processes were considered as capable of self-regulation, in other words, economic forces themselves will direct production, exchange and consumption to Its most efficient level. State action must be confined to enforcing individual rights (especially property rights), providing national defense and some public services of general interest (justice, some types of education, etc.).

You might be interested in
Your sister turned 35 today, and she is planning to save $20,000 per year for retirement, with the first deposit to be made one
Elenna [48]

Answer:

She can spend $162,114.58 at the end of each period before she can exhaust the amount.

Explanation:

She will save up to $1,889,215.73 by saving $20,000 per year for 30 years, making the first deposit at the end of a year from today.

FV (Future Value) $1,889,215.73

PV (Present Value) $248,180.82

N (Number of Periods) 30.000

I/Y (Interest Rate) 7.000%

PMT (Periodic Payment) $20,000.00

Starting Investment $0.00

Total Principal $600,000.00

Total Interest $1,289,215.73

She can can retrieve $162,114.58 at the end of each period to reach the future value of $0.00.

FV (Future Value) $-0.00

PV (Present Value) $-0.00

N (Number of Periods) 25.000

I/Y (Interest Rate) 7.000%

PMT (Periodic Payment) $-162,114.58

Starting Investment $1,889,215.73

Total Principal $-2,163,648.74

Total Interest $2,163,648.74

8 0
2 years ago
A bank that has liabilities of $150 billion and a net worth of $20 billion must have:
Yakvenalex [24]
Had to look for the options and here is my answer. Given that the bank possesses a liability that is worth $150 billion and its net worth is only $20 billion, then this would mean that the bank must have ASSETS OF $170 BILLION. Hope this answers your question.
7 0
3 years ago
Hewitt and Patel are partners, sharing gains and losses equally. They decide to terminate their partnership. Prior to realizatio
GrogVix [38]

Answer:

$12,000

Explanation:

The amount of a gain or loss on realization is the difference between the sum of capital balances of partners and cash balance after settling all liabilities.

Total capital balances = $30,000 + $20,000 = $50,000

Total loss = Cash balance - Total capital balances = $38,000 - $50,000 = $12,000 loss.

Therefore, the amount of loss on realization is $12,000.

6 0
3 years ago
The supply of aged cheddar cheese is inelastic, and the supply of flour is elastic. Both goods are considered to be normal goods
KiRa [710]
Hey bro hey how are you doing I hope you
4 0
3 years ago
An airline is considering a project of replacement and upgrading of machinery that would improve efficiency. The new machinery c
Nikolay [14]

Answer:

$172.25

Explanation:

initial outlay for the project = -$350

cash flow years 1-5 = [($300 - $135 - $70) x (1 - 36%)] + $70 (depreciation expense) = $60.80 + $70 = $130.80

using an excel spreadsheet and the NPV function, we can calculate the project's NPV with an 8% discount rate:

=NPV(8%,130.80,130.80,130.80,130.80,130.80) - $350 = $522.25 - $350 = $172.25

we can also do it manually:

NPV = -$350 + $130.80/1.08 + $130.80/1.08² + $130.80/1.08³ + $130.80/1.08⁴ + $130.80/1.08⁵ = $172.25

6 0
3 years ago
Other questions:
  • Here is an example of a positioning statement for Volvo:
    6·1 answer
  • Sam is a video game designer making $87,000 per year how much does he make per month?
    8·1 answer
  • Boone Products had the following unit costs:Direct materials $24Direct labor 10Variable overhead 8Fixed factory (allocated) 18A
    13·1 answer
  • Wayne Company is considering a long-term investment project called ZIP. ZIP will require an investment of $142,104. It will have
    10·1 answer
  • If the price of good X increases by 2%, and that causes the quantity demanded of good Y to increase by 10%, then the cross-price
    15·1 answer
  • Define agency costs, and describe agency costs of financial distress and agency benefits of leverage
    5·1 answer
  • Which is true of​ output-choice models of oligopoly​ behavior?
    12·1 answer
  • Describe about comparative cost and absolute advantages of international trade​
    14·1 answer
  • According to the tort doctrine of ________, any time an employee is liable for tortious acts in the scope of employment, the emp
    13·1 answer
  • Firms use cost data to make decisions about how many units to produce based on their – costs. Increasing production may not alwa
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!