All categories

3 years ago

Which of the following would not be considered leakage in the circular flow model? A imports

Business

2 answers:

NeX [460]3 years ago

6 0

Answer: B: transfer payments

Transfer payments would not be considered leakage in the circular flow model.

Explanation:

Transfer payments are payments or money made to an individual that has not performed any current service. It is also referred to as money given to a person who has not rendered any good for it. It is used by local, state and federal governments as a way of redistributing money to those in need such as the unemployed, aged, disabled people and so on.

eduard3 years ago

3 0

The answer is

C. savings

You might be interested in

When the price of candy bars is $1.00, the quantity demanded is 500 per day. When the price falls to $0.80, the quantity demande

Wittaler [7]

Answer:

The demand for candy bars is inelastic

Explanation:

The midpoint rule calculate the price elasticity of demand as percentage change in quantity divided by the percentage change in price:

<u>% change in quantity </u>

$\frac{Q_2-Q_1}{ \frac{Q_2 + Q_1}{2} } \times 100$

The quantity demanded increased from 500 to 600. We have

$Q_1 = 500 \: and \: Q_2 = 600$

$\implies \frac{600 - 500}{ \frac{600 + 500}{2} } \times 100 \\ = \frac{100}{ \frac{1100}{2} } \\ = \frac{100}{550} \\ = \frac{2}{11}$

<u>% change in price</u>

$\frac{P_2-P_1}{ \frac{P_2 + P_1}{2} } \times 100$

The price changed from 1 dollar to 0.8 dollars.

$\frac{0.8 - 1}{ \frac{0.8 + 1}{2} } = - \frac{2}{9}$

Price elasticity if demand is

$\frac{ \frac{2}{11} \%}{ - \frac{2}{9} \%} = - \frac{9}{11} = - 0.82$

The negative sign tells us that there is an inverse relationship between price and quantity demanded.

Since 0.82 is less than 1, the demand for candy bars is inelastic

5 0

2 years ago

Which career is likely to earn the highest salary.

julsineya [31]

Answer:

News Anchor

Explanation:

The other three profession might have salaries based on a daily wage.

7 0

3 years ago

Which is the correct order of the following steps in the accounting cycle? Prepare financial statements, journalize and post adj

murzikaleks [220]

Answer:

Explanation:

Prepare a post-closing trial balance.Step 9

Prepare an adjusted trial balance.Step 6

Analyze business transactions.Step 1

Prepare a trial balance.Step 4

Journalize the transactions.Step 2

Journalize and post closing entries.Step 8

Prepare financial statements.Step 7

Journalize and post adjusting entries.Step 5

Post to ledger accounts.Step 3

3 0

2 years ago

A $1,000 face value bond is currently quoted at 101.2. the bond pays semiannual payments of $28.50 each and matures in six years

goblinko [34]

Coupon rate is the yearly interest earned by a loan and it can be calculated with

$C = \frac{i}{p}$

where i is the annual interest and p is the par value of the bond or the initial loan amount.

For this particular case, since the semiannual payment is $28.50, then the annual payment is 2 x 28.50 = $57.00.

Thus, we have

$C = \frac{57}{1000} = 0.057$

From this, the coupon rate is 0.057 x 100% = 5.7%.
Answer: 5.7%

7 0

2 years ago

What is the totality of a firm's organizational arrangements, including its formal organizational structure, control systems, in

Rainbow [258]

Answer:

Organizational architecture.

Explanation:

The organizational architecture can be defined as the structure of the company, which includes all the integrated systems of the organization, that is, all the tangible and intangible assets that make up the organizational whole.

In order to operate effectively, every organization must have an organizational architecture that enables the correct flow of processes that will assist in achieving the objectives and goals.

To assess which type of organizational architecture is appropriate for a business, it is necessary to analyze the company's systems, culture and strategy.

3 0

2 years ago