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
antoniya [11.8K]
4 years ago
11

To prevent the President from engaging in a long-term war without Congressional approval and oversight, Congress passed the ____

_________ ______________ Act in 1973.
Business
1 answer:
4vir4ik [10]4 years ago
3 0
The War Powers resolution was passed in 1973 by both Houses of Congress, overriding the veto of President Nixon. It was passed to reassert Congressional authority over the decision to send American troops to war.
You might be interested in
Logano Driving School’s 2017 balance sheet showed net fixed assets of $4.6 million, and the 2018 balance sheet showed net fixed
r-ruslan [8.4K]

Answer:

$270,000

Explanation:

Net capital spending = Increase in net fixed assets + Depreciation expenses

= [ Net fixed assets at year end - Net fixed assets at the beginning ] + Depreciation expenses

= [$5,200,000 - $4,600,000] + $330,000

= $600,000 - $330,000

= $270,000

8 0
4 years ago
HURRY On Monday, Monahan accepts a job at Acme for $50,000 per year. He is to begin work on Friday. On Tuesday, Acme informs him
andriy [413]

Answer:

The correct answer is : C. Neither breached the contract because there is no contract until Friday.

Explanation:

As the contract will only become valid when both the parties Mohan and ACME sign up and this will only happen on Friday. But as Mohan is informed by the Acme on Tuesday that they can not hire him before signing up the contract that is scheduled on  Friday. Since there is no valid agreement between parties, no breach of contract occurred.

Thus, the correct answer is option C. Neither breached the contract because there is no contract until Friday.

7 0
3 years ago
Like many college students, Bernadette applied for and got a credit card that has an annual percentage rate (APR) of 15%. The fi
Dovator [93]

Answer:

It would take Bernadette approximately <u>33 months</u> to completely pay off the stereo system.

Explanation:

Since it is assumed that Bernadette makes her payment when she sees her statement at the end of each month,  we use the formula for calculating the present value (PV) of an ordinary annuity to determine the number of months as follows:

PV = M * ((1 - (1 / (1 + r))^n) / r) …………………………………. (1)

Where;

PV = Present value of the new stereo system = $400

M = minimum monthly payment = $15

r = monthly interest rate = 15% / 12 = 0.15 / 12 = 0.0125

n = number of months = n

Substitute the values into equation (1) and solve for n as follows:

400 = 15 * ((1 - (1 / (1 + 0.0125))^n) / 0.0125)

400 / 15 = (1 - (1 / 1.0125)^n) / 0.0125

26.6666666666667 * 0.0125 = 1 - (1 / 1.0125)^n

0.333333333333334 = 1 - 0.987654320987654^n

0.987654320987654^n = 1 - 0.333333333333334

0.987654320987654^n = 0.666666666666666

Loglinearizing both sides, we have:

n * log0.987654320987654 = log0.666666666666666

n * (-0.00539503188670629) = -0.176091259055682

n = -0.176091259055682 / -0.00539503188670629

n = 32.64, or 33 approximately.

Therefore, it would take Bernadette approximately <u>33 months</u> to completely pay off the stereo system.

6 0
4 years ago
White Company acquires a new machine for $75,000 and uses it in White's manufacturing operations. A few months after White place
Katena32 [7]

Answer:

  • Tax status = Ordinary Asset
  • Gain = $60,000

Explanation:

As the company expensed the asset fully in the year of purchase instead of capitalizing it, the asset is an ordinary asset not a capital one which is capitalized. That is the tax status.

The gain on an ordinary asset is the amount that it was sold for which in this case is $60,000.

Tax status = Ordinary Asset

Gain = $60,000

5 0
3 years ago
Suppose that the position of a​ nation's long-run aggregate supply​ (LRAS) curve has not​ changed, but its​ long-run equilibrium
Delvig [45]

Answer: (D) Factors B, C, D & F

Explanation:

Factor B: An increase in the quantity of money in circulation implies inflation. This will definitely cause a rise in the price level of goods and services in the nation.

Factor C: An increase in the labour force participation rate implies an increase in the quantity supply of labour. This implies an increase (general increase, not per labourer) in the price paid for labour (wages and salaries) in the nation.

Factor D: A decrease in production taxes paid by firms will encourage more production. This increase in supply of goods and services produced will result in an increased price level. The LRAS curve still won't shift. It will remain constant but along the curve, price level and quantity level will have increased.

On the other hand - for individuals - a decrease in income tax implies higher purchasing power (higher income-after-tax). This will in turn raise the prices of the goods and services purchased by individuals.

Factor F: Increased long run economic growth means increased productivity (or Gross Domestic Product) in the economy. This usually has the effect of raising inflation rate which directly impacts price level in the economy/nation.

For the wrong answers, here is the reason why they are wrong:

Factor (A)

A rise in the value of domestic currency, relative to other world currencies, does the damage of (or has the effect of) reducing the quantity of goods imported from this country by other countries. This will in turn reduce the quantity of goods exported by this country and hence, quantity produced will reduce in this country. This, instead of increasing price level, will reduce it.

Factor (E)

A rise in real incomes in trade partner countries does not mean that the extra real incomes will be used to purchase products from this country or to engage on foreign trade with this country.

You are welcome.

8 0
3 years ago
Other questions:
  • A customer buys 1,000 shares of ABCD $25 par 8% cumulative preferred stock. This preferred issue pays quarterly dividends. This
    15·1 answer
  • You go to a local mechanic to get your tires changed. The tires cost $300. There is a 6% sales tax, but you get a 10% discount.
    15·2 answers
  • Ocean Breeze Co. paid $500 cash for expenses related to advertising for the period. Which of the following shows how this event
    14·1 answer
  • By definition, imports are Group of answer choices people who work in foreign countries. limits placed on the quantity of goods
    6·1 answer
  • From 2007 to 2008, the Federal Reserve System reduced interest rates, the price that borrowers pay. As a result, economists expe
    10·1 answer
  • On January 1, Year 1, Friedman Company purchased a truck that cost $33,000. The truck had an expected useful life of 100,000 mil
    10·2 answers
  • For each of the following accounts, indicate the effect of a debit or a credit on the account and the normal balance.
    7·1 answer
  • Tom prepares an elaborate financial plan and tries sticking to it very strictly. He is concerned about eventualities that might
    13·1 answer
  • A presentation in the sales process is designed to match the benefits of a product to the client's ______.
    9·1 answer
  • Cultural and behavioural expectations of studying for a degree in business management
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!