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Yuri [45]
4 years ago
11

All societies face a trade-off between equality and efficiency.If the United States government lowers the income taxes on the we

althiest Americans, while decreasing welfare payments to the poorest Americans, the result will likely be (...) in efficiency and (...) in equality in the United States.
Business
1 answer:
xenn [34]4 years ago
4 0

Answer: Decrease in efficiency and decrease in equality in the united states.

Explanation: In economics the situation in which one thing cannot be improved without the other thing being hurt is called efficiency. Decreasing tax on wealthy and decreasing welfare payments will both result in decrease in efficiency in the economy as well as decreasing the equality as the wealthy will have more to save and consume and the poor ones living standard will decline further.

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Lois walked into ABC Company to pick up an application for a secretarial job. When she asked about the duties and working condit
Romashka-Z-Leto [24]

Answer:

description

Explanation:

A job description is simply a document that clearly states all the necessary skills and abilities needed to perform a specific job. It should also include the duties and responsibilities that the person hired for that job will be required to do.

Job descriptions can be used externally (e.g. job hiring sites) to attract potential candidates and internally by HRM in the candidate selection process. The job description used by HRM is more complete than the public one and should include performance evaluations, psychological testing, etc.

5 0
4 years ago
A 10-year annual payment corporate bond has a market price of $1,050. It pays annual interest of $100 and its required rate of r
bija089 [108]

Answer:

bond under priced is  $14.18

Explanation:

given data

market price = $1,050

annual interest = $100

rate of return = 9 percent

time period = 10 year

solution

we get here bond mis priced so for we get first theoretical Price of the bond that is

theoretical Price of the bond  = annual interest × \frac{1- (1+r)^{-t }}{r} +  \frac{1000}{(1+r)^t}  ........1

theoretical Price of the bond  = 100 × \frac{1- (1+0.09)^t }{-10} + \frac{1000}{(1+0.09)^{10}}    

theoretical Price of the bond  = $1064.18

but actual Price is $1050

so here bond is under priced as  $1064.18 - $1050

bond under priced is  $14.18

6 0
3 years ago
People are unlikely to buy Big Macs in the places where they are relatively cheap (according to purchasing power parity) and sel
Natali5045456 [20]

People will buy at places that are cheap and sell at more expensive prices because:

  • The transactions costs would be too high.
  • There's little resale market for used Big Macs.
  • They would be expensive to transport.
  • They're perishable.

<h3>What is transactions cost?</h3>

Transactions cost simply mean the expenses that are incurred when one buys or sells a particular product.

In this case, the above options are the reasons why people are unlikely to buy Big Macs in the places where they are relatively cheap according to purchasing power parity.

Learn more about transactions cost on:

brainly.com/question/1405573

7 0
3 years ago
2. You're interested in the proportion of students in your school who favor the elimination of a local curfew on teenagers. Assu
lara [203]

Answer: The minimum number of students you need if you want the margin of error to be 5% IS 278.

Explanation:

Cochran’s Sample Size Formula gives the minimum number of students as n= \frac{z^{2}pq }{e^{2} }

Where:

   e is the desired level of precision (i.e. the margin of error),

   p is the (estimated) proportion of the population which has the attribute in question and q is 1 – p.

The z-value  for 95% confidence interval is found to be 1.96 in a Z table.

Assuming that half of the teenagers favor the elimination of a curfew: this gives us maximum variability. So p = 0.5 and q=0.5.

Then n= (\frac{1.96^{2}*0.5*0.5 }{0.05^{2} } )

n= frac{0.9604}{0.0025} }

n= {384.16 }

Rounding up, n= \frac{385 }

But considering that 1000 is a small population,  we can modify the sample size we calculated above formula by using this equation:

s = \frac{n}{1 + \frac{n - 1}{N} }

Where s is the adjusted sample size, n is the original sample size we calculated and N is the population size.

s = \frac{385}{1 + \frac{385 - 1}{1000} }

s = \frac{385}{1 + \frac{384}{1000} }

s = 278

8 0
4 years ago
Compute straight-line depreciation on the building at the end of one year, assuming an estimated 10-year useful life and a $16,0
saveliy_v [14]

Answer:

Missing word <em>"Bridge City Consulting bought a building and the land on which it is located for $120,000 cash. The land is estimated to represent 70 percent of the purchase price. The company paid $10,000 for building renovations before it was ready for use."</em>

<em />

Total Cost of Land and Building (100%) = $120,000

Cost of Land (70%) = $84,000

Cost of Building (30%) = $36,000

Cost of Building Renovations = $10,000

Total Cost of Building = $36,000 + $10,000

Total Cost of Building = $46,000

1. Annual Depreciation(Year End Depreciation) = (Cost of Building - Residual Value)/ Number of Year

Annual Depreciation = $46,000 - $16,000 / 10

Annual Depreciation = $30,000 / 10

Annual Depreciation = $3,000

2. Book Value of Land at the end of two years = $84,000

Book Value of Building at the end of two years = $46,000 - ($3,000*2 year) = $46,000 - $6,000 = $40,000

Hence, Book Value of Land and Building at the end of two year is = $84,000 + $40,000 = $124,000

5 0
3 years ago
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