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3 years ago

All of the following are conducive to economic growth except

Business

1 answer:

zysi [14]3 years ago

6 0

Answer:

B. an unfavorable balance of trade and payments

Explanation:

The BOP or the balance of trade is defined as the net gains or net exports that make the balance of payments and is said to be favorable when the country export more and imports less and is a positive change.

It is said to be negative when the country imports more and exports less thus unfavorable in terms of the trade and payments.

<u>Hence it means that the country has a deficit and this can impact the services and is not good for the economic growth perspective.</u>

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On January 2, 2019, Adelphi Company purchased a patent for $235,000 plus

Ymorist [56]

Answer:

The annual amortization expense for 2019 will be $35000.

Explanation:

The amortization expense for the patent calculated based on the useful life of patent. The purchase of value of $235000 plus $10000 gives the total value of $245000 while use the patent of 7 years.

The formula for amortization expense = (Cost of patent - Residual value ) / Useful life of patent)

amortization expense = ($245000-0)/7 = $35000

The legal life would not count due patent in business use for limited life compare to legal life of patent.

4 0

3 years ago

Welfare analysis: Basic concepts Identify whether each of the following statements best illustrates the concept of consumer surp

lianna [129]

Answer:

I sold a used laptop for $139, even though I was willing to go as low as $130 in order to sell it - producer surplus PRODUCER SURPLUS

Even though I was willing to pay up to $147 for a watch and even though the seller was willing to go as low as $137 in order to sell it, we couldn't reach a deal because the government imposed a tax of $16 on the sale of watches. - neither NEITHER

Even though I was willing to pay up to $47 for a jersey sweater, I bought a jersey sweater for only $39. - CONSUMER SURPLUS

Explanation:

Producer surplus is the difference between the price of a good and the least amount the seller is willing to sell the product.

In this question, the producer surplus is $139 - $130 = $9

Consumer surplus is the difference between the willingness to pay of a consumer and the price of the product.

In this question, the consumer surplus is $47 - $39 = $8

I hope my answer helps you

3 0

3 years ago

If the United States government raises the income taxes on the wealthiest Americans, while increasing welfare payments to the po

SSSSS [86.1K]

Answer:

(Decrease, Increase)

Explanation:

When the government formulates and implements policies aimed at increasing equality, the society will experience a reduction in the level of efficiency. For example, an increase in income tax on wealthiest Americans, and redistribution of the tax revenue to the poorest Americans would may discourage the wealthy from taking more income-generating activities which create jobs, this is not optimal. At the same time, this policy would reduces the peoples’ incentive to work hard to earn their own money.

5 0

3 years ago

One of the most important factors for economic growth to take place is that a society must A. consume less than they produce. B.

STALIN [3.7K]

Answer:

Option A: consume less than they produce.

Explanation:

Economic Growth is simply defined as how much a country's GDP grows in one year.

GROSS DOMESTIC PRODUCT also known as GDP is said to be the total value of the goods and service that are produced in that country within one year period.

The higher a county's GDP, the better standard of living for the people within the country. It can get better if a country produce more. for a country to have a higher GDP, it must invest in human capital through education and training, it must produce goods that have value to be sold within the country or exported and others.

4 0

3 years ago

Your firm has taken out a 521,000 loan with 8.6% APR (compounded monthly) for some commercial property. As is common in commerci

Anni [7]

Answer:

The monthly payment will be = $5161.08

The final payment will be: = $413,684.38

Explanation:

From the given information:

Given that:

the loan amount = $521000

The interest rate for the loan is = 8.6% compounded monthly

the loan is being amortized for 15 years

Thus, the firm will be paying the due amount after 15 years

We use the Excel software to find the monthly payment and the final payment.

a. Using the Excel Function ( =PMT(8.6%/12,15*12,-521000) )

The monthly payment will be = $5161.08

b.Using the Excel Function (=CUMPRINC(8.6%/12,15*12,521000,60,180,1) )

The final payment will be: = $413,684.38

These can be seen in the images attached below.

3 0

3 years ago