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2 years ago

An important social cost of economic growth is ____________.

Business

1 answer:

aleksandr82 [10.1K]2 years ago

5 0

Answer:

the destruction of jobs due to labor skills of certain workers becoming obsolete.

Explanation:

Social costs in economic thinking are the amount of the personal costs accrued as a component of an activity as well as the expenses levied on customers as a function of becoming subject to the activity in which they are not paid. That is the sum of private and institutional expenses, in other terms.

Due to economic growth, demand has been rising for commodities leading to technology improvements which further leads to lower demands for labor and joblessness. However, majority of the economists states that technological improvement only enhances employment opportunities and joblessness occurs for a temporary period.

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You need a 35-year, fixed-rate mortgage to buy a new home for $340,000. Your mortgage bank will lend you the money at an APR of

cluponka [151]

Answer:

$338,712

Explanation:

we must first calculate the monthly payment using the present value of an annuity formula:

present value = monthly payment x annuity factor

present value = $340,000

PV annuity factor, 0.529167%, 420 periods = 168.38268

monthly payment = $340,000 / 168.38268 = $2,019.21

Since the monthly payment was actually higher than $1,800, the balloon payment will be almost $340,000

I prepared an amortization schedule using an excel spreadsheet. During the first years, the principal is only decreasing by $1 each month

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2 years ago

I NEED HELP ASAP please

JulsSmile [24]

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I believe that’s right. I’m so sorry if it isn’t.

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3 years ago

XYZ Corp issued $600,000 of 9% , 10-year bonds on June 30,2020, for $562,500. This price provided a yield of 10% on the bonds. I

Rom4ik [11]

Answer:

c. $18, 750

Explanation:

The computation of the amount of interest expense i.e. accrued is shown below:

= Issued amount × yield on the bonds × given months ÷ total number of months in a year

= $562,500 × 10% × 4 months ÷ 12 months

= $18,750

The 4 months is calculated from July 1 to October 31

Hence, the correct option is c. $18,750

5 0

3 years ago

When you call your computer manufacturer for technical support, you aren't surprised by the lilting accents of the technicians b

Natasha_Volkova [10]

You will often receive a technician with a different accent at a call center because the practice called diversity. It is commonplace for all or most companies to exercise what is called equal employment opportunities. Through operating call centers in other countries, companies are not only creating a diverse environment, they are enabling people and consumers who may speak different languages to be able to communicate with technicians of different cultural backgrounds.

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2 years ago

Benitez Company currently outsources a relay switch that is a component in one of its products. The switches cost $26 each. The

love history [14]

Answer:

Total cost is 253,800 $ and cost per unit is 31.725 $.

Explanation:

Material (8000 X 6) 48000

Labor (8000 X 5) 40000

Factory OH ( 8000 X 4) 32000

Salaries 42000

Set up cost 34000

Facility level cost 29000

Total Manufacturing Cost 225000

Opportunity Cost ( 2400 X 12) 28800

Total Relevant Cost $253,800

Cost / Unit (253800/8000) $ 31.725/ unit.

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2 years ago