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3 years ago

What ideas of Milton Friedman are reflected in the policies of Ronald Reagan?

Business

1 answer:

ArbitrLikvidat [17]3 years ago

5 0

Answer:

Milton Friedman was an economist from the Chicago School who was known mainly for two ideas: the monetarist view of inflation, and his support for free market policies.

Explanation:

As previously explained, Friedman was also a promoter of free market policies, and Reagan was a president that supported free market. Friedman supported lowering taxes to corporations, the wealthy, and the middle class, reducing regulations to businesses, and signing free trade agreements or reducing tariffs.

These were all policies that Reagan supported. He managed to cut taxes and regulations. He was less succesful in promoting free trade, but his successors: George Bush Father, Bill Clinton, and George Bush Son, also supported many of the views that Milton Friedman had.

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Country Homes Corporation just recorded a transaction in its books. If this transaction increased the total liabilities by $10,0

sladkih [1.3K]

Answer:

B. assets must increase, or equity must decrease by $10,000

Explanation:

As it is given that

The transaction increased the total liabilities by $10,000 which either increase the assets or decrease the equity by $10,000 as per the accounting equation

As we know that

Accounting equation is

Total assets = Total liabilities + owner equity

So by following this equation the appropriate answer is B as the transaction focused on balancing the accounting equation

8 0

3 years ago

The Roberts family just received news from Jo-Anne Roberts' employer that she was receiving a prestigious promotion to Corporate

vazorg [7]

Answer:

Of course Jo-Anne Roberts can keep the apartment.

Explanation:

Jo-Anne and the previous owner of the apartment had a valid contract by which Jo-Anne was to pay $3.7 million for the apartment. She has already partially completed her performance on the contract, so the seller must perform his part of the contract.

8 0

3 years ago

Any work in the public domain can be used by any person, for any purpose.

Fudgin [204]

Answer:

True

Explanation:

took a test on it

5 0

4 years ago

Read 2 more answers

_____ refers to agreements among countries in a geographic region to reduce and ultimately remove tariff and nontariff barriers

klasskru [66]

Answer:

Economic integration

Explanation:

Economic integration can be defined as seen in the question can be defined as the agreement between countries to reduce or remove tariff to ensure that goods and services and other things between both countries.

This can simply mean that, when there are countries that import and export goods between each other, there is need for tariffs to be lowered or removed are to ensure that demand/supply of all these goods and services between the 2 countries. This would help to ensure the seamless availability of goods and services in the market.

Cheers.

5 0

4 years ago

Dapple Company incurred the following costs while producing 480 units: direct materials, $ 13 per unit; direct labor, $ 26 p

Kipish [7]

Answer:

Operating Income $32290

Explanation:

The difference between the variable and absorption costing is that the fixed costs are treated as period costs in variable costing and as product costs in absorptioon costing. In variable costing all variable costs are treated as product costs.

Dapple Company

Income Statement

Variable Costing

Sales 430 units* $ 160 $ 68,800

Less

Variable Cost OF Goods Sold ( 23650)

Direct materials, $ 13 per unit * 430 5590

Direct labor, $ 26 per unit *430 11180

Variable Manufacturing

Overhead, $ 16 per unit *430 6880

Less

Variable selling and

 Administrative costs, $ 2 per unit *430 (860) 

Contribution Margin 44290

Less

Total Fixed Manufacturing overhead costs, $ 7, 680;

Total Fixed selling and administrative costs, $ 4,320

Operating Income $32290

4 0

3 years ago