Answer:
Purchases Labor market
Explanation:
A simple circular flow of income model is and economic model that shows the movement of goods and services between the firm and the house hold and in the opposite direction is the flow of money between the firm and the household.
The Household provides factor input to the firm and in return receives rewards for the input in form of money from the firm, the firm on the other hand supply the household with goods and services and receives payment from the household, these transaction flow is thought of as a movement in circular direction, hence the term circular flow of income.
Answer:
The amount of interest that is recognized for the period from April 1 to December 31 is $15,750
Explanation:
According to the given data we have the following:
interest=12%
From April 1 to December 31 we have 9 months
Sodium Inc. borrowed $175,000
Therefore, in order to calculate the amount of interest that is recognized for the period from April 1 to December 31 we would have to make the following calculation:
Interest for 9 months= $175,000 x 12% x 9 months / 12
Interest for 9 months=$15,750
The amount of interest that is recognized for the period from April 1 to December 31 is $15,750
Answer:
the number of codes for cover the coding is 3,200,000
Explanation:
The computation of the number of codes for cover the coding is as follows:
= (Number of coders × number of years × cost per year) ÷ (0.25)
= (4 coders × 2 years × 100,000 per year) ÷ (0.25)
= 3,200,000
Hence, the number of codes for cover the coding is 3,200,000
We simply applied the above formula