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Pie
3 years ago
14

Suppose Sharon earns $575 per week working as a programmer for PC Pros. She uses $9 to get her car washed at Spotless Car Wash.

Spotless Car Wash pays Paolo $300 per week to wash cars. Paolo uses $200 to purchase software from PC Pros.
and
1. Paolo spends $200 to purchase software from PC Pros.
- A. Resource Market? B. Product Market market?
2. Paolo earns $300 per week working for Spotless Car Wash
- A. Resource Market? B. Product Market market?
3. Sharon spends $9 to get her car washed.
- A. Resource Market? B. Product Market market?
Which of the elements of this scenario represent a flow from a household to a firm? This could be a flow of dollars, inputs, or outputs.
1. The $300 per week Paolo earns working for Spotless Car Wash
2. The $200 Paolo spends to purchase software from PC Pros
3. Sharon's labor
Business
1 answer:
ElenaW [278]3 years ago
3 0

Answer:

First Question

1. B

2. A

3. B

Second Question

The $200 Paolo spends to purchase software from PC Pros.

Explanation:

1. Paolo's transaction falls under the product market cash flow because he wittingly spends on a product–the software.

2. Paolo's earnings comes to the resource market, since he is been paid for his human resourcefulness in the organization.

3. Sharon's payment for washing her car is best placed on the Product market flow since she is spending on a personal product–the car.

The $200 Paolo spends to purchase software from PC Pros in this scenario represent a flow from a household to a firm because he (an individual belonging to a household) transfers his money to the firm.

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Answer:

I ,II and IV

Explanation:

Mortgage backed securities are either a claim for equity in a pool of mortgages, or a duty secured by a pool. Such claims reflect home loan securities. Loans borrow from mortgage lenders and then sell bundles of those loans on the resale market.

Specifically, once those loans are paid off, they sell their claim to the mortgage cash inflows. The issuer of the mortgage needs to maintain the loan, receiving principal and interest payments, and transfers those payments on to the mortgage borrower.

Therefore according to the given situation the correct answer is I, II, IV

6 0
3 years ago
On January 1, 2018, Nath-Langstrom Services, Inc., a computer software training firm, leased several computers under a two-year
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Answer:

Answer to the question :

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Required:

1. Prepare the appropriate entries for both the lessee and the lessor from the beginning of the lease through the end of 2018.

is explained in the attachment.

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7 0
3 years ago
Which option identifies the most likely basic requirement in the following scenario?
Savatey [412]

Answer: C. an infrastructure providing educated workers and advanced machines

Explanation:

Since the developing country needs to shift from smallholding to a modern state-of-the-art agribusiness-style farming, it's vital for the country to have an infrastructure providing educated workers and advanced machines. The educated workers will help in handling the technical know-how of the.machines used for the modern agribusiness.

An infrastructure that's providing cheap

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8 0
3 years ago
Which of the following statements is NOT true?
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Answer:

D. Economics does not use theories.

Explanation:

Economics is the study of : limited resource allocation, having alternative uses - to satisfy unlimited wants.

Economics is both a science (empirical science) & art (social science).

Economics has generally accepted rules & laws, based on experimentation - like Empirical Science. Eg: Law of Demand stating inverse relationship between price & quantity demanded.

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6 0
3 years ago
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poizon [28]

Answer:

C. $355,000

Explanation:

Cash balance at the end of the year is the total of opening cash and net cash inflow or outflow for the year. Net cash inflow or outflow is the total sum of cash provided or used by operating, investing and financing activities.

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Cash balance at the end of the year = $355,000

5 0
3 years ago
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