All categories

2 years ago

Provide an economic argument for why the U.S. is home to 25% of global prisoners.

Business

1 answer:

Rainbow [258]2 years ago

6 0

Answer:

1. High rate of tax payment

2. Stricter Government Policies

3. High rates in crimes, kidnappings and killings

Explanation:

It is evident from statistics that the rate of incarceration in the United States is more than half of most countries in the World. It means that out 716 people out of 100000 people in the world are incarcerated in the United states.This is true due to the following reasons

1. The Economic situation in the states is a bit stricter than anywhere in the world. High taxes on Sole business owners, about 42%. Defaulters are made to face the wrought of the law.

The U.S. criminal justice system has been politicized and more responsive to popular opinion, experts said. The United States also functions as 51 separate countries, because so many of the criminal justice decisions are made at the local and state levels. Legal officers like(Justice, sheriffs, prosecutors, legislators voting on crime laws, have supported the "get tough" policies that makes punishment stricter for offenders.

3. High rates in crime and killings. Crime rates and killings has been on the increase in recent times due to several economic and social factors. children for broken homes are not well brought up to instll moral values that could make them responsible and add value to the society hence they are more prone to social vices

You might be interested in

Which of the following statements is correct?

marusya05 [52]

Did you get the answer I have the same question..

6 0

3 years ago

Read 2 more answers

Suppose you observe the following exchange rates: €1 = $.85; £1 = $1.60; and €2.00 = £1.00. Starting with $1,000,000, how can yo

IrinaVladis [17]

Answer:

i'll answer it after 15 years see you then

Explanation:

5 0

3 years ago

The financial statements for DRG Industries contain a misstatement that is so significant that reasonable investors would likely

Sergio [31]

Answer:

c. Materiality

Explanation:

The relevance of information is affected by its materiality. Information is material if omitting it or misstating it could influence decisions that users make on the basis of financial information about a specific reporting entity.

An error which is too trivial to affect a user’s understanding of financial statement is referred to as immaterial. There is no absolute measure of materiality that can be applied to all businesses. In other words there is no rule that says any item greater than 5% of profit must be material. Whether an item is material or not depends on its magnitude or its nature or both in the context of the specific circumstances of the business.

So based on the above discussion, the answer is c. Materiality

6 0

3 years ago

Rustafson Corporation is a diversified manufacturer of consumer goods. The company's activity-based costing system has the follo

Zepler [3.9K]

Answer:

Results are below.

Explanation:

To calculate the activity rate for each activity cost pool, we need to use the following formula on each activity:

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Labor-related= 16,800/2,000= $8.4 per direct labor hour

Machine-related= 16,000/8,000= $2 per machine-hour

Machine setups= 30,400/800= $38 per setup

Production orders= 6,600/200= $33 per order

Product testing= 12,000/500= $24 per test

Packaging= 51,000/3,400= $15 per package

General factory= 55,600/2,000= $27.8 per direct labor-hour

Now, the plantwide predetermined factory overhead:

Total overhead= $188,400

Total direct labor hours= 2,000

Predetermined manufacturing overhead rate= 188,400/2,000

Predetermined manufacturing overhead rate= $94.2 per direct labor hour

3 0

3 years ago

According to the provisions in the Contract to Buy and Sell Real Estate, if a broker has an interest-bearing trust account, the:

BaLLatris [955]

According to the provisions in the Contract to Buy and Sell Real Estate, if a broker has an interest-bearing trust account, the: interest may accrue to a nonprofit affordable housing fund.

Explanation:

When funds are deposited to a interest bearing trust account then interest can be obtained for those deposited funds. The annual percentage yield will be very smaller amount for this type of account. The amount of money will be paid to the account holder in annual basis which is called APY.

The interest that is paid to the account beneficiary is called trust account. When a broker has this type of account, according to the Contract to Buy and Sell Real Estate provisions, the interest may accrue to nonprofit affordable housing fund.

4 0

3 years ago