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Maksim231197 [3]
3 years ago
11

It is sometimes difficult to determine whether large corporations such as the Carlyle Group, or Wall Street overall, are expandi

ng the economy in ways that broaden the economic value available to everyone, or just amassing money at other people's expense. Using Adam Davidson's framework, a company that doesn't add value but just rearranges existing dollars for its own benefit is called:
Business
1 answer:
goldenfox [79]3 years ago
6 0

Answer:

rent seeking company

Explanation:

Currently most large corporations operate as monopolies or oligopolies which gives them huge market power and they generally abuse of it.

Rent seeking happens when companies (usually very large companies) increase their profits without an increase in productivity.

Corporations seek higher rent usually through lobbyists that obtain political favors for them, e.g. lower taxes, grants, subsidies, or tariff protection.

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Match the items according to their impact on aggregate demand (AD).
postnew [5]

Answer:

A recession occurring in a trading partners economy

8 0
2 years ago
The following is the ending balances of accounts at December 31, 2018 for the Weismuller Publishing Company.
Crazy boy [7]

Answer:

Weismuller Publishing Company

A Classified Balance Sheet at December 31, 2018

Assets:

Current Assets:

Cash                                                $77,000

Accounts Receivable   172,000

less allowance             <u> 22,000</u>      150,000

Investments                                    152,000

Inventories                                      291,000

Prepaid Expenses                           <u> 94,000</u>         $764,000

Long-term Assets:

Prepaid Expenses                           66,000

Machinery & Equipment 332,000

less Accumulated Depr.  <u>116,000</u> 216,000       <u> $282,000</u>

Total Assets                                                      <u>$1,046,000</u>

Current Liabilities:

Accounts payable                        $66,000

Interest payable                             26,000

Deferred revenue                          86,000

Taxes payable                                36,000

Notes payable:

   Six months                 46,000

   One year                   <u>26,000 </u>    <u>72,000</u>          $286,000

Long-term Liabilities:

Notes payable:

   Two or more years              52,000

   Six years                              <u>106,000</u>              <u>$158,000</u>

Total Liabilities                                                   $444,000

Equity:

Authorized Common Stock, 700,000 shares

Issued Common Stock       $406,000

Retained Earnings                <u> 196,000</u>             <u>$602,000</u>

Total Liabilities + Equity                               <u>$1,046,000</u>

<u></u>

Explanation:

a) Prepaid Expenses are classified as follows:

Current Assets: $160,000 - $66,000 = $94,000

Long-Term Assets = $66,000 ($132,000/2)

Since a year's lease is due in the next year.

b) Investments are classified as current because they include treasury bills maturing on January 30, 2019, and marketable securities saleable next year.

c) Deferred Revenue is a current liability.

d) The classifications of notes payable are indicated in the balance sheet.

8 0
3 years ago
Which if the following would be debited to the equipment account
kozerog [31]
I think the answer is a

4 0
3 years ago
Read 2 more answers
One advantage of proprietary software versus off-the-shelf software is that _____.
Serjik [45]

(C) the software provides a company a competitive advantage by solving problems in a unique manner

Proprietary software is a special software designed for a specific application and owned by the organization, firm or individual that uses it. Proprietary software can give an organization leverage over competitors, by solving problems in a unique manner, however, off-the-shelf software is mass produced software used by several other organizations, thereby giving other organizations simple and identical problem-solving technique.


6 0
3 years ago
Read 2 more answers
Suppose the production function in medieval Europe is Y 5 K 0.5L0.5, where K is the amount of land and L is the amount of labor.
Sonbull [250]

Answer:

a) Y = 500

b) Wages: 2.5

   Rental price: 2.5

   

c) labor Share of output: 0.370511713 = 37.05%

Explanation:

Y = 4K^{0.5} \times L^{0.5}

if K = 100 and L = 100

Y = 5(100)^{0.5} \times (100)^{0.5}

Y = 50 \times 10

Y = 500

wages: marginal product of labor = value of an extra unit of labor

dY/dL (slope of the income function considering K constant while L variable)

ax^b = bax^{b-1}

Y = 5K^{0.5} \times L^{0.5}

Y' = 5K^{0.5} \times 0.5 L^{-0.5}

Y' = 2.5K^{0.5} \times L^{-0.5}

Y' = 2.5(\frac{K}{L})^{0.5}

With K = 100 and L = 100

Y' = 2.5(\frac{(100)}{(100)})^{0.5}

Y' = 2.5

rental: marginal product of land = value of an extra unit of land

dY/dK (slope of the income function considering K variable while L constant)

Y = 5K^{0.5} \times L^{0.5}

Y' = 2.5K^{-0.5} \times L^{0.5}

Y' = 2.5(\frac{L}{K})^{0.5}

L = 100 K = 100

Y' = 2.5(\frac{100}{100})^{0.5}

Y' = 2.5

c) we use logarithmic properties:

Y = 50 \times 10

log500 = log(50 \times 10)

log500 = log50 + log10

50 was the land while 10 the labor

2.698970004 = 1.698970004 + 1

share of output to labor: 1/2.698970004  = 0.370511713

5 0
3 years ago
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