The correct answer to this open question is the following.
Unfortunately, it seems that something is missing here. "Progressivism, where will you put your million dollars answers?" is the section of the examination, but it is not a specif question.
So what is what you want to know?
However, trying to offer some help, we can comment on the following.
Progressivism was the period in the history of the United States during the end of the 1800s and the beginning of the 1900s, in which many social leaders demanded changes to the consequences of the industrial era and exposed the ways fabrics and industries exploited workers and children. It also was a time when "muckraker" journalists exposed the corruption of the federal government. It was a true time of changes in America.
Those progressive leaders and their ideas made the government to create the kind of legislation to change things for the better in the country.
Answer:
$1,140,000
Explanation:
AS AT December 2018, the market price ended at 30 USD Which is 10 USD above pre established price on the 114,000 SARs
thus compensation for the year ended 2018 will be 10 x 114,000
Answer:
The rationale for conducting active policy is the interest of Congress to alter the state of the economy through a deliberate change in established policies.
But in the case of Passive policy, the government permits the status quo.
Active policy relies on the government to enforce it while passive policy does not need the government's interference to work in stabilizing the economy.
Explanation:
The following statements applies passive policy because the economy is expected to stabilize on it's own without the deliberate act of congress influencing it:
- Economic circumstances can change dramatically between the time that an economic downturn begins and the time when policy actions have an effect on the economy.
- Fluctuations in economic output have been less severe since World War II.
The following statements is a rationale for conducting active policy since the government's intervention is required:
- Economists are not very accurate forecasters.
- Increases in government spending generate increases in economic output.
Answer: $100
Explanation:
If the reserve requirement is 20% then the required reserves being held by the company is:
= Total deposits * reserve requirement
= 8,000 * 20%
= $1,600
The reserves held by the company of $1,700 comprise of both the required reserves and the excess reserves. The excess reserves will therefore be calculated as:
Excess reserves = Reserves - Required reserves
= 1,700 - 1,600
= $100