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Artist 52 [7]
3 years ago
8

If the United States were to produce all of its own steel, rather than importing large quantities of steel from other nations, t

he effect would be:_______
A. to make steel consumers, such as auto manufacturers, better off
B. to lower steel prices, since steel would not have to be transported as far
C. to draw resources necessary to make steel away from the rest of the economy, slowing the economy as a whole
D. to improve the well-being of foreign steel producers, since they would not have to ship steel all the way to the United States
Business
1 answer:
mr Goodwill [35]3 years ago
7 0

Answer: The correct answer is "C. to draw resources necessary to make steel away from the rest of the economy, slowing the economy as a whole".

Explanation: If the United States were to produce all of its own steel, rather than importing large quantities of steel from other nations, the effect would be: <u>to draw resources necessary to make steel away from the rest of the economy, slowing the economy as a whole.</u>

The result would be the opposite of the one sought, since the United States seeking to produce all its steel so as not to import large quantities, would slow down the economy, this means that the economy would become flat, or in decline in which companies and consumers tend to make less decisions of purchase.

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Matulis, Inc., a calendar year C corporation, owns a single asset with a basis of $325,000 and a fair market value of $800,000.
Talja [164]

Answer:

$99,750

Explanation:

Matulis's taxes are = (asset's fair market value - asset's basis) x corporate tax rate = ($800,000 - $325,000) x 21% = $475,000 x 21% = $99,750

Since the C corporation is turning into a S corporation it must recognize the gain on holding the asset. The Tax Cuts and Jobs Act set the corporate tax rate at 21%.

3 0
3 years ago
Everything else held constant, when bonds become less widely traded, and as a consequence the bond market becomes less liquid, t
Umnica [9.8K]

The demand curve for bonds shifts to the left and the interest rate rises.

  • left; rises

<h3>Influence of the demand curve</h3>

When bonds are not frequently traded, and the market becomes less liquid, the demand for the bonds falls.

As a result, with a fall in demand, the curve will move towards the left. To overcome the less liquid position, bond suppliers will raise the interest rate to attract investors and capital in the market

To overcome the less liquid position, bond suppliers will raise the interest rate to attract investors and capital in the market

Therefore, the correct answers are left and rise.

Learn more about demand curve from here: brainly.com/question/1486483

5 0
2 years ago
Settlers from which european country frequently imposed a mandatory draft of indian labor for public projects?
Katena32 [7]
The united kingdom or the uk
7 0
3 years ago
Mark Johnson saves a fixed percentage of his salary at the end of each year. This year he saved $2,000. For each of the next 5 y
adell [148]

Answer:

The correct answer is:

$17,437.28

Explanation:

First of all, let us lay out the particulars that will aid us in our calculations:

Amount saved in year 1 = $2000

Number of years saved in total = 6 years

annual rate of savings increase = 10% increase on the amount for that year to the next year

Annual return on investment = 13%.

Next, let us calculate the 10% increase in savings from years 2 to 6.

Year 1 investment = $ 2000

Year 2 investment = Year 1 saving + 10% of year one saving

hence, investment 2 saving = 2000 + (10/100 × 2000) = 2000 + (0.1 × 2000)

Year 2 investment = 2000 +200 = $2,200.

Year 3 investment = year 2 saving + (0.1 × year 2 saving) = 2200 + (0.1 × 2200)

year 3 investment = 2200 + 220 = $2,420

Year 4 investment = 2420 + (0.1 × 2420) = 2420 + 242 = $2,662

Year 5 investment = 2662 + (0.1 × 2662) = 2662 + 266.2 = $2928.2

Year 6 investment = 2928.2 + (0.1 × 2928.2) = 2928.2 + 292.82 = $3,221.02

Next, let us create a table to show the total amount for each year.

Note, to determine the 13% annual investment return on each year:

13% = 13/100 = 0.13. So, we will multiply the investment for each year with 0.13 to get the annual investment. It is shown hence:

Year   Investment (I) ($)   Annual return (AR) ($)    Total amount (I + AR) ($)

1             2000                   260                                     2260

2            2200                   286                                     2486

3            2420                   314.6                                   2734.6

4            2662                   346.06                               3008.06

5            2928.2                380.67                               3308.87

6            3221.02               418.73                                3639.75

Total                                                                             17,437.28    

                     

Therefore, at the end of 6 years mark would have $17,437.28 (approx. $17,437)

3 0
3 years ago
Indicate which of the four perspectives in the balanced scorecard is most likely associated with the objectives that follow.
Musya8 [376]

Answer:

Note: The complete question is attached as picture below

Objectives                                         Most associated balanced scorecard

1. Percentage of repeat                    <em>Customer Perspective</em>

customers

2. Number of suggestions for          <em>Learning and Growth perspective</em>

improvement from employees

3. Contribution margin                      <em>Financial perspective</em>

4. Brand recognition                         <em>Customer Perspective</em>

5. Number of cross-trained              <em>Learning and Growth perspective</em>

employees

6. Amount of setup time                   <em>Internal process prospective</em>

6 0
2 years ago
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