1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
ivann1987 [24]
3 years ago
15

The government is trying to maintain the infrastructure of the country, provide Social Security benefits to citizens, and regula

te airline security. Congress has a budget for spending on all three of $1 billion. They decide to spend 45% on infrastructure, 45% on Social Security Benefits, and 10% on regulating airline security. Based on the information provided in this situation, which of the following best describes the opportunity cost?
a.
The citizens will not benefit from the spending because none of the programs directly affect them.

b.
The government will be able to improve the road system, encouraging more people to drive on vacations. Social Security benefits will provide income for the elderly and disabled, allowing them to spend money, thus boosting the economy. Airline security might be slightly improved because of the ability to hire, but there will not be enough money to provide the latest equipment.


c.
However, Social Security benefits will suffer because a larger amount was spent on airline security.

d.
There is no opportunity cost in this situation
Business
2 answers:
vampirchik [111]3 years ago
8 0

Answer:

B.The government will be able to improve the road system, encouraging more people to drive on vacations. Social Security benefits will provide income for the elderly and disabled, allowing them to spend money, thus boosting the economy. Airline security might be slightly improved because of the ability to hire, but there will not be enough money to provide the latest equipment.

Explanation:

likoan [24]3 years ago
3 0

The government will be able to improve the road system, encouraging more people to drive on vacations. Social Security benefits will provide income for the elderly and disabled, allowing them to spend money, thus boosting the economy. Airline security might be slightly improved because of the ability to hire, but there will not be enough money to provide the latest equipment.

You might be interested in
You are involved in training and development for your division at dunder mifflin inc. you want to target some specific organizat
grigory [225]
<span>You will probably first have to address the skill category termed​ basic skills. Basic skills include what you would imagine everyone in a work environment can do and knows about their job. Training that allows them to understand how the insides of the </span>business works, working with one another, customer service, equipment organization and much more. 
4 0
3 years ago
Safefen, a safety assurance and standards association in the country of Eilenst, made it mandatory for all the toy manufacturers
Talja [164]
<h3>This scenario best illustrates the effect of the industry regulation component of on organizations by Safefen. </h3>

Explanation:

The element of industry regulation consists of laws and guidelines regulating the business practices and procedures of individual companies, firms, and professions.

Government regulation of the industry is control of individual or firm actions by local, federal or state governments via price-setting processes or control of the quantity, quality, and safety of products and services produced.  

Displaying the recommended age limit for each toy on its cover is one of Safefen's safety measures of toy industry regulations.

4 0
2 years ago
Carla Vista Co. issued $590,000, 10-year, 7% bonds at 101. Prepare the journal entry to record the sale of these bonds on Januar
34kurt

Answer:

cash             595,900 debit

     bonds payable               590,000 credit

     premium on bonds             5,900 credit

Explanation:

We have to record the issuance of the bonds:

<em><u>cash proceeds:</u></em>

face value x quote:

590,000 x 101/100 = 595,900

face value                <u> (590,000)</u>

<em>premium </em>                        5,900

<em>There is a premium as we are receiving more than we are going to pay at maturity.</em>

We will debit the cash proceeds form the bond

and credit the bonds and premium

6 0
3 years ago
A decrease in the wage rate of pizza makers will cause a movement from Point B on supply curve Upper S 2 to ______________.
xenn [34]

Answer:

D. supply curve Upper S 3

Explanation:

8 0
2 years ago
Armando, a manager for Petros Pizza Pies (PPP), dies in an accident on July 12. PPP pays his wife, Penelope, $600 in salary that
stepan [7]

Answer:

Explanation:

Ms. P receives $6,000 from Company P due to her husband A's loyal service and She receives $600 that her husband earned prior to his death. Hence, Ms P earns a total of $6,600 ($6000 + $600) gross income.

The amount of $90,000 receive from the life insurance proceeds are excluded from the gross income.

Ms P's daughter receives $4,000 from company P. It should be included in her daughter income.

8 0
3 years ago
Other questions:
  • In Sammy's fast food restaurant, she produces sandwiches, soups, and other items for customers in her town. Which of the followi
    8·1 answer
  • You plan to invest $2,500 in a money market account which will pay an annual stated interest rate of 8.75 percent, but which com
    6·1 answer
  • The ________ is the walkway directly in front of a church that serves as the entry porch
    7·2 answers
  • Which one of the following is not covered by renter's insurance? additional living expenses accidental damage to the property of
    8·1 answer
  • Which describes the tax consequences of ordinary dividends. A. Ordinary dividend distributions are not taxed to a distributing​
    8·1 answer
  • Which of the following is not a factor in determining whether an agent is a servant or independent contractor? level of supervis
    5·1 answer
  • Costs from Beginning Inventory Costs from Current Period
    9·1 answer
  • Marion Industries has an average accounts receivable turnover ratio of 12 times per year whereas most of its competitors have a
    6·1 answer
  • When making a decision, only relevant items are included in the analysis of the alternatives when using ______.
    12·1 answer
  • Prior period adjustments to financial statements can result from: Multiple Choice Changes in estimates of salvage value. Materia
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!