The answer is helping
Social work is a profession concerned with helping individuals
Answer:
c Financial institutions purchase the bonds, which removes money from the system and the interest rate rises.
Explanation:
The Fed engages in various strategies to control the amount of money in the economy. On each strategy is the Open Market Operations (OMO) where the Fed regulates cash in circulation by selling or buying of securities.
When the Fed sells treasury bonds they want to mop up cash in the economy and reduce money supply.
As financial institutions purchase the bonds the level of liquidity or cash in the economy reduces.
This will push interest rates up as financial institutions have less cash to lend to customers.
Answer:
b. does not relieve Bill of the potential obligation to perform.
Explanation:
An obligation is a legal bond (vinculum iuris) by which one or more parties (obligants) are bound to act or refrain from acting.
An obligation thus imposes on the obligor a duty to perform, and simultaneously creates a corresponding right to demand performance by the obligee to whom performance is to be tendered
Answer:
first I will journalize the adjustments:
a. Received a $510 utility bill for electricity usage in July to be paid in August.
Dr Utilities expense 510
Cr Accounts payable 510
b. Owed wages to 15 employees who worked two days at $55 each per day at the end of July. The company will pay employees at the end of the first week of August.
Dr Wages expense 1,650
Cr Wages payable 1,650
c. On July 1, loaned money to an employee who agreed to repay the loan in one year along with $660 for one full year of interest. No interest has been recorded yet.
Dr Interest receivable 660
Cr Interest revenue 660
effects on the accounting equation:
Assets = Liabilities + Equity
a. 0 510 -510
b. 0 1,650 -1,650
<u>c. 660 0 660</u>
660 2,160 -1,500
Revenue - Expenses = Net income Cash flow
a. 0 510 -510 0 OA
b. 0 1,650 -1,650 0 OA
<u>c. 660 0 660 0 OA</u>
660 2,160 -1,500 0 NC
Answer:
the maximum level of utility can be achieved by consuming:
1.75 pizzas x 6 beers = 10.5 utils, or
1.5 pizzas x 7 beers = 10.5 utils
Explanation:
Assuming that the utility function is U (P,B) = PB
If Joaquin wants to maximize his utility, he should he spend half his money in pizza and half his money in beer:
U = 1.5 x 5 = 7.5 utils
if the price of beer decreases from $2.50 to $2, it will result in an increase in the consumption of pizza and an increase in the consumption of beer:
If Joaquin consumes 1.75 pizzas and 6 beers, his total utility will be 1.75 x 6 = 10.5 utils
He can also obtain that level of utility by consuming 1.5 pizzas x 7 beers = 10.5 utils
All other consumption levels will result in a lower total utility:
- 2.25 pizzas x 3 beers = 6.75 utils
- 2 pizzas x 5 beers = 10 utils
- 1.25 pizzas x 8 beers = 10 utils
- 1 pizza x 10 beers = 10 utils
- 0.75 pizzas x 11 beers = 8.25 utils
