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
Bond [772]
3 years ago
8

Sweetland is a nation that publicly supports a free market economy with private ownership of businesses. Over time, the governme

nt of Sweetland has developed policies designed to help the needy and reduce the level of income inequality. It pays for these programs by levying relatively high taxes on businesses and workers. These arrangements suggest that the economy of Sweetland is best classified as a mixed economyA. True B. False
Business
1 answer:
VLD [36.1K]3 years ago
7 0

Answer:

B. False

Explanation:

It is false at least because 3 reasons: Sweetland is not intervening in the economy by executing economic activities, all are based on private effort. Sweetland is not changing the regulatory framework to change the rules of the economy, so market forces command prices and levels of supply and demand. Sweetland is using a well recognized public function (taxes) to improve a social outcome (income inequality), that is not related to economy

You might be interested in
ABC Company sold the rights to use one of their patented processes that will result in them receiving cash payments of $10,000 a
BigorU [14]

Answer:

$77,217

$11,289

Explanation:

Fist we will calculate the present value of $10,000 payment

A fix Payment for a specified period of time is called annuity. The discounting of these payment on a specified rate is known as present value of annuity. The value of the annuity is also determined by the present value of annuity payment.

Formula for Present value of annuity is as follow

PV of annuity = P x [ ( 1- ( 1+ r )^-n ) / r ]

Where

P = Annual payment = $10,000

r = rate of return = 10% / 2  = 5%

n = number of period = 5 years x 2 semiannual payments per year = 10 payments

PV of annuity = $10,000 x [ ( 1- ( 1+ 0.05 )^-10 ) / 0.05 ]

PV of Annuity = $77,217

Now we will use the discounting method to calculate the present value of lump sum payment of $20,000

Present value = Future value x Present value factor

PV = FV x ( 1 + r )^-n

PV = $20,000 x ( 1 + 0.1 )^-6

PV = $11,289

6 0
3 years ago
1The main reason that U.S. currency cannot be turned in to the government in exchange for a tangible asset such as gold is that:
White raven [17]
The correct answer for the question that is being presented above is this one: 
(1) <span>B)People prefer tangible items, so the government would not be able to satisfy demand for the tangible item at any fixed rate of exchange
</span>(2) <span>B)Potential buyers of the assets of a bank, incorrectly rumored to be distressed, may suspect the assets to be of poor quality.
</span>(3) <span>C) The Federal Reserve ("the Fed") stands ready to inject reserves into the system more quickly in a crisis.
</span>(4) <span>A)Checkable Deposits / Required Reserves</span>
7 0
3 years ago
Inventory Ratio Calculations
tatuchka [14]

Answer:

Inventory Turnover Ratio for 2008=  3.223 Times

Inventory Turnover Ratio for 2009= 3.91 times

Explanation:

Inventory Turnover Ratio=  Cost of Goods Sold / Average Inventories

Inventory Turnover Ratio for 2008=  $632,000/ $201,000 + 191,100/2

Inventory Turnover Ratio for 2008=  $632,000/196,050

Inventory Turnover Ratio for 2008=  3.223  times

Inventory Turnover Ratio for 2009=  $ 731,000/191,100 + 182,600/2

Inventory Turnover Ratio for 2009=  $ 731,000/ 186,850

Inventory Turnover Ratio for 2009= 3.91 times

7 0
3 years ago
Complete the following sentence.
3241004551 [841]
Uhm financial crisis, poverty, homelessness, debt, etc...
4 0
2 years ago
The production possibilities model illustrates an inverse relationship between two goods or services because
nikklg [1K]

Answer:

production of different types will compete for limited resources.

Explanation:

           The production possibilities model is also known as the Production–possibility frontier. It is the visual model of efficiency and scarcity. It provides the concept of how the economy can change things by using two goods as an example. It determines the trade offs that is associated with the allocation of the resources between the production of the two goods.

           The production possibilities curve or model shows the inverse relationship between the two goods and the services as producing different types of products or services will complete for the limited resources available.

          An economy has a very limited economic resource and therefore it can produce more number of one good by making only less of some another good.

6 0
3 years ago
Other questions:
  • Which demand did the aim members insist the fbi negotiator grant immediately?
    6·1 answer
  • Justin’s plan doesn’t cover his costs completely. What are his options for covering the rest of his costs? Select all that apply
    12·2 answers
  • Springfield Co., based in the U.S., has a cost from orders of foreign material that exceeds its foreign revenue. All foreign tra
    6·1 answer
  • Describe one thing that an agricultural engineer does
    14·1 answer
  • The following exchange demonstrates which problem solving technique?We pay higher costs than we need to when we go bowling becau
    6·2 answers
  • If shell decided to open a new service station I a rural area of uk, which was not well serviced with filling stations, it would
    5·1 answer
  • Suppose that the value of an investment in the stock market has increased at an average compound rate of about 5% since 1907. It
    8·1 answer
  • Marigold Corp. includes one coupon in each bag of dog food it sells. In return for eight coupons, customers receive a leash. The
    12·1 answer
  • Vilas Company is considering a capital investment of $190,900 in additional production facilities. The new machinery is expected
    8·1 answer
  • Corny and Sweet grows and sells sweet corn at its roadside produce stand. The selling price per dozen is​ $4.00, variable costs
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!