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Iteru [2.4K]
3 years ago
8

(Last Word) From 2006-2010, the federal government paid $600 million in retirement benefits to deceased federal employees, with

the checks being illegally cashed by relatives. This example illustrates
A. the benefits-received principle.
B. logrolling.
C. bureaucratic inefficiency.
D. the problem of limited and bundled choices.
Business
1 answer:
ollegr [7]3 years ago
5 0

Answer:

c. bureaucreatic inefficiency

Explanation:

When establishing the bureaucracy, it is essential to understand that it is based on issues such as the division of labor, the hierarchy of authority, rules and norms, professional commitment, rationality, impersonality as regards the application of procedures and rules or written records. In a negative connotation, bureaucracy is understood as inefficient administration by paperwork and formalities, and the excessive influence of civil servants in public affairs.

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Suppose that today’s date is April 15. A bond with a 10% coupon paid semiannually every January 15 and July 15 is listed in The
Ray Of Light [21]

Answer:

1,011.429 dollars

Explanation:

The dealer is willing to sale bond (we purchase from the dealer) at the ask price

In this case 1,011.429 dollars per bond.

If anyone want's to purchase those bonds will have to pay this amount per bond.

The opposite to the ask price is the bid price, which is the price at which the dealer is willing to purchase bond (we sale it to the dealer).

3 0
3 years ago
Assume that the required reserve ratio is 20 percent. If the Federal Reserve buys $80 million in government securities from comm
Anni [7]

Answer: increase by $80 million, and the maximum money-lending potential of the commercial banking system will increase by $400 million

Explanation:

Based on the information given in the question, the money multiplier will be calculated thus:

Money multiplier = 1/Required reserve ratio

where,

Required reserve ratio = 20%

Money Multiplier will now be:

= 1/0.20

= 5

Therefore, the maximum money-lending potential will be:

= $80 million × 5

= $400 million

Therefore, the money supply will by $80 million, and the maximum money-lending potential of the commercial banking system will increase by $400 million

5 0
2 years ago
Reginald owns a grocery and his clerks are on strike. Reginald is trying to operate the store with the help of his manager, but
Nata [24]

Answer:

merge law and equity

Explanation:

In resolving labour related or welfare issues the best way to do so will be to hear the grievances of the striking workers and try to find an equitable solution to the situation.

However if all reasonable avenues have been pursued and they still don't want to comply, then legal measures can be taken to make them work.

In this scenario Reginald should call the striking workers and try to come to an equitable solution for the business and workers where there will be a win-win.

If this does not work he can use the law to compel them to comply.

7 0
2 years ago
Retained earnings: Multiple Choice Are never adjusted for anything other than net income or dividends. Represents the amount sha
kolbaska11 [484]

Answer:

Generally consists of a company's cumulative net income less any net losses and dividends declared since its inception

Explanation:

Retained earning is the balance of a company's profit that is retained after the distribution of dividend declared to it's shareholders.

A company that makes profit at the end of a reporting period usually make dividend declaration to its shareholder. The accumulation of these declarations are then taken out of the profit earned by the company. The balance when dividends declared(since it's inception) by the company is taken out from its profit, including any net losses is known as retained earning.

5 0
2 years ago
Francisco leased equipment from Julio on December 31, 2021. The lease is a 10-year lease with annual payments of $159,000 due on
vodomira [7]

Answer: $789855

Explanation:

Initial liability = $1,006,192

Less: Payment = $159,000

Liability = $847192

× Implicit rate 12%

Interest = 12% × $847192 = $101663

Then, reduced balance will be:

= Payment - Interest

= $159,000 - $101663

= $57337

Therefore, Francisco lease liability at December 31, 2022 will be:

= $847192 - $57337

= $789855

4 0
3 years ago
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