All categories

2 years ago

People need to have _____ in the economy to spend money.

Business

2 answers:

bagirrra123 [75]2 years ago

8 0

People need to have CONFIDENCE in the economy to spend money.

katen-ka-za [31]2 years ago

5 0

People need to have [Purchasing Power] in the economy to be able so spend money. Purchasing power means having the financial ability to spend money in buying goods and services.

You might be interested in

Why would american soybean producers care about the weather in south america? Is this distinction macro, micro, or a mixture of

dimulka [17.4K]

Answer: Macro

Explanation:

This is a macro distinction as the producers of soybean in America are concerned about the crop grown in South America as it will affect the overall price level of soybean in America. When the weather in South America is favorable and the crop produce is large, the supply curve for soybean will shift to the left driving down the overall price level of soybean in America.

Thus, because the concern here is about the overall produce and overall price level it is a macro distinction.

6 0

2 years ago

A company has revenues of $1,250,000 with a net profit margin of 10%. If the depreciation for the year is $75,000, short-term in

seropon [69]

Answer:

$204,000

Explanation:

The computation of net cash provided by operations is shown below

Cash flow from operating activities

Net profit ($1,250,000 × 10%) $125,000

Add: depreciation expense $75,000

Add: Decrease in short term investment $15,000

Less: Increase in account receivable -$10,000

Add: Decrease in inventory $5,000

Less: Decrease in account payable -$6,000

Net Cash provided by operations $204,000

The minus sign depicts the cash outflow and the positive sign depict the cash inflow

7 0

2 years ago

On January 1, Guillen Corporation had 95,000 shares of no-par common stock issued and outstanding. The stock has a stated value

Ivanshal [37]

Answer:

Date Description DR CR

June 15 Dividend expenses $120,000

Dividend Payable 120,000

July 10 Dividend Payable 120,000

Cash 120,000

Dec 15 Dividend Expenses 146, 400

Dividend payable 146,400

Explanation:

when dividend is declared and cash is yet to be paid, dividend expenses account will debited while dividend payable account will be credited.

when cash is paid for the dividend, dividend payable account will be credited while the cash account will be credited.

As at June 30, total number of shares outstanding = 95,000 + 25,000 = 120,000

As at December 31, the total number of outstanding shares = 95,000 + 25,000 + 2,000 = 122,000

6 0

2 years ago

What do cosmetologists and barbers do?

babunello [35]

What do cosmetologists and barbers do? B) cut and style hair
Empathy means that you can communicate well with others. The answer is False.
What is a scientist who studies patterns of diseases called? B) epidemiologist
What does a pharmacist do? A) dispense medication
An MRI technician is a diagnostic professional. The answer is False.
These are the only ones that I could answer, SRRY......

3 0

2 years ago

Prepare a flexible budget for Cedar Jeans Company using production levels of 16,000, 18,000, and 20,000 units produced. The foll

Svetlanka [38]

Answer:

Results are below.

Explanation:

Giving the following information:

Total unitary variable cost= $16.5

Total fixed costs= $116,000

Now, the flexible budget for each production level:

16,000 units:

Total variable cost= 16.5*16,000= 264,000

Total fixed cost= 116,000

Total costs= $380,000

18,000 units:

Total variable cost= 16.5*18,000= 297,000

Total fixed cost= 116,000

Total costs= $413,000

20,000 units:

Total variable cost= 16.5*20,000= 330,000

Total fixed cost= 116,000

Total costs= $446,000

8 0

2 years ago