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Digiron [165]
3 years ago
8

Most of the public debt is owed to citizens and domestic institutions. This is one reason that the public debt: 
A. Crowds out p

rivate investment
B. Does not impose a burden on future generations
C. Has a procyclical economic effect on the economy
D. Can result in the bankruptcy of the Central government
Business
1 answer:
Maurinko [17]3 years ago
7 0

Answer:

The correct answer is B. Does not impose a burden on future generations.

Explanation:

One aspect that is important for the purposes of economic policy is that of the term of the loan.

- Short-term debt: it is issued with a maturity of less than one year and usually works as a kind of bill of exchange, in this case the State. In Spain, short-term debt is represented by the Treasury Bills. Short-term debt has been used to cover cash needs of the State, the so-called cash deficits that presently state budgets.

- Medium term debt: fulfills the mission of obtaining funds for the financing of ordinary expenses. In Spain they fulfill this role The bonds of the State.

- Long-term debt: its mission is to finance extraordinary expenses and extensive profitability. Within the long term it can have a very varied duration and can even be of unlimited duration, giving rise to perpetual debt. In Spain they are represented by the obligations of the State.

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On December 31, 2019, the ledger of Lopez Company contained the following account balances: Cash $ 66,000 Maria Lopez, Drawing $
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Answer:

1. Dec 31, 2019

Dr Fees Income $107,500

Cr Income Summary $107,500

2. Dec 31, 2019

Dr Income summary 60,000

Cr Salaries expense 34,000

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Cr Telephone expense 5200

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3. Dec 31, 2019

Dr Income summary 47,500

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4. Dec 31, 2019

Dr Maria lopez, capital 52,000

Cr Maria lopez, drawing 52,000

Explanation:

Preparation of the closing entries for the above transactions

1. Dec 31, 2019

Dr Fees Income $107,500

Cr Income Summary $107,500

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2. Dec 31, 2019

Dr Income summary 60,000

(5500+5200+9300+6000+34000)

Cr Salaries expense 34,000

Cr Supplies expense 6,000

Cr Utilities expense 9,300

Cr Telephone expense 5200

Cr Depreciation expense 5500

(To close expenses account)

3. Dec 31, 2019

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Cr Retained earnings 47,500

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4. Dec 31, 2019

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6 0
3 years ago
Land of Many Lakes (LML) sells butter to a broker in Albert Lea, Minnesota. Because the market for butter is generally considere
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Answer:

A. can choose the quantity of butter that it produces but not the price at which it sells its butter.

Explanation:

Taking into consideration the characteristic of the market explained in the exercise we would say that it is a Competitive Market.

One of the characteristics of a Perfect Competitive Market is that the price of the products is determined by the market, which means that no single seller can't change or influence the price on its own.

Hope it helps. Good luck.

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Answer:

Check the explanation

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The above question is based on a non-linear programming model, to answer this question, there will be a need to determine the optimal order quantities of the three different Ferns with diverse values of annual demand, item cost as well as order cost objective of the non-linear programming model is to minimize the overall annual cost.

Step 1: Setup a spreadsheet on Excel, as shown in the first and second attached images below:

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