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swat32
3 years ago
15

If individuals pursue their own interests when participating in the markets, per Adam Smith, those individuals are being guided

by_________.
Business
1 answer:
docker41 [41]3 years ago
7 0

Answer:

Self Interest & Invisible Hand of Laissez Faire Policy

Explanation:

Adam Smith Laissez Faire Policy - suggests that free markets are the best approach for welfare maximisation of a society, based on self interest guiding best decisions by individuals, and individual wealth & welfare maximisation implies society wealth & welfare maximisation.

The Invisible Hand of free markets corrects all the discrepancies (if any), re-guides self interest forming the basis of over all social interest. Government intervention is unnecessary & distortionary as per the theory

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The country of Trevanvia goes through a period of recession, which leaves a large number of people unemployed due to extensive l
alexira [117]

Answer:

Trough

Explanation:

Trough economic situation is when the recession is hardest and comes after the phase of contraction where growth slows, employment declines (unemployment increases), and pricing pressures subside.

Trough is characterized by large number of people being unemployed due to extensive layoffs by companies in order to cut down their costs and reduce their output during the period of economic decline

7 0
2 years ago
you texpect to receive a payout from a trust fund in 3 years. The payout will be for $11000. You plan to invest the money at an
MrMuchimi

Answer:

11.68 years

Explanation:

For computing the number of years first we have to applied the NPER formula i.e to be shown in the attachment below:

Given that,  

Present value = $11,000

Future value = $19,000

Rate of interest = 6.5%

PMT = $0

The formula is shown below:

= NPER(Rate;PMT;-PV;FV;type)

The present value come in negative

So, after applying the above formula, the number of years is 8.68

Now after 3 years, it would be

= 8.68 + 3

= 11.68 years

3 0
3 years ago
Consider the following scenario:
Helen [10]

Answer: 1. Charities

2. Government action the only viable solution

Explanation:

Externalities are the resultant additional effects that are experienced by others as a result of actions by an economic agent who does not bear the extra aformentioned cost or benefit that their actions bring about.

1. Private Solutions to Externalities include any solution independent of the government.

The above Private Solution is Charities because it was a Non-profit Environmental Organization that dealt with the lobbying for the reduction to be acted upon by state agents. These types of organisations are usually Charities.

2. If it is shown that the potential gains are viewed to be quite high as in this case then negotiating with the polluters might not work. In this case Government Intervention is needed to force the polluters to adhere to rules and regulations.

8 0
3 years ago
Bend Company uses the allowance method to account for uncollectible receivables. At the beginning of the​ year, Allowance for Ba
Len [333]

Answer:

$17,700

Explanation:

The computation of the net realizable value of Accounts Receivable at​ year-end is shown below:

= Ending balance of Accounts Receivable - year-end balance in Allowance for Bad Debts

= $19,800 - $2,100

= $17,700

Simply we deducted the year-end balance in Allowance for Bad Debts from the ending balance of accounts receivable and the same is presented in the currents asset side of the balance sheet.

4 0
3 years ago
An investment fund has the following assets in its portfolio: $40 million in fixed-income securities and $40 million in stocks a
Aleksandr-060686 [28]

Answer:

Sells with 2 days:

$ 4,608,000

$6,144,000

Sells within 4 days

$4,704,000

$6,272,000

Explanation:

The computation sell of two days and four days is shown below:-

Sells with 2 days:

Value of fixed-income securities = $40,000,000 ×  0.96

= $38,400,000

Value of stock =$40,000,000 × 0.96

= $38,400,000

Total value = $76,800,000

Shareholder A gets from 6% of equity = $76,800,000 × 6%

= $ 4,608,000

Shareholder B gets from 8% of equity = $76,800,000 × 8%

= $6,144,000

Sells within 4 days

Value of fixed-income securities = $40,000,000 × 0.98

= $39,200,000

Value of stock =$40,000,000 × 0.98

= $39,200,000

Total value =$78,400,000

Shareholder A gets from 6% of equity = $78,400,000 × 6%

= $4,704,000

Shareholder B gets from 8% of equity = $78,400,000 × 8%

= $6,272,000

8 0
2 years ago
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