Why are public goods important

granted the president and other officials increased power over banks arrowRight established a safety net to assist poverty-stric

Rama09 [41]

Emergency Banking Act granted the president and other officials increased power over banks.

Social Security Administration: it established a safety net to assist poverty-stricken Americans.

National Recovery Administration (NRA): it wrote regulations for fairer labor practices and a fairer market

Civilian Conservation Corps: it employed young men to develop and protect natural resources.

Bank Holidays: it temporarily closed banking operations to prevent further economic damage.

What gave the president the authority to regulate banks?

The Federal Reserve Act was passed by the 63rd United States Congress and signed into law by President Woodrow Wilson on December 23, 1913. The law created the Federal Reserve System, the central banking system of the United States.

What was the Emergency Banking Act of 1933?

The Emergency Banking Act was a federal law passed in 1933. Signed into law by President Franklin D. Roosevelt (D) on March 9, 1933, the act granted the president, the comptroller of the currency, and the secretary of the treasury broader regulatory authority over the nation's banking system.

What does the Civilian Conservation Corps do?

The Emergency Conservation Work Act of 1933 mandated that the Civilian Conservation Corps (CCC) recruit unemployed young men from urban areas to perform conservation work throughout the nation's forests, parks, and fields.

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2 years ago

When we want to measure wage inflation in the labor market, we use the: Consumer Price Index Product Price Index Employment Cost

dusya [7]

Based on economic indices, when we want to measure wage inflation in the labor market, we use the "<u>Consumer Price Index."</u>

The consumer price index, often referred to as CPI, is conducted by the <u>Bureau of Labor Statistics. </u>

CPI is carefully made to measure the price changes encountered by urban consumers.

It is believed that the urban dwellers formed about 93 percent of the United States population.

Consumer Price Index is used to measure the relationship between wage and inflation.

Hence, in this case, it is concluded that the correct answer is "Consumer Price Index."

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3 years ago

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Which of the following sentences use apostrophes correctly? 1. We used to back up our account files weekly and save them onto CD

cupoosta [38]

Answer:

2. The financial planner’s e-mail address was listed on his website.

4. Making certain that all the timecards were submitted on time was Lorice’s responsibility.

Explanation:

The apostrophe (') is a punctuation mark used in English language to form possessive nouns, mark the omission of one or more letters and to indicate the plurals of letters in lowercases.

For example, forming a possessive noun; add an Apostrophe (') with the letter "s" i.e ('s) to nouns that don't end with "s" sound. Also, you can add only an Apostrophe (') without the letter "s" to nouns that ends with "s" sound.

For instance, the financial planner’s e-mail address was listed on his website, the writer's pen, the cat's eyeballs etc.

To indicate the omission of a letter (contraction), such as isn't, don't they're, I've, you're, doesn't, you've, they'd etc.

7 0

3 years ago

Alpha Company used the periodic inventory system for purchase & sales of merchandise. Discount terms for both purchase &

mafiozo [28]

Answer:

2 May 2016 Debit Accounts receivables $4,500; Credit Sales Revenue $4,500

2 May 2016 Debit Cost of goods sold expense $3,000; Credit Inventory $3,000

2 May 2016 Debit Cost of goods sold expense $200; Credit Bank $200

3 May 2016 Debit Sales returns $450; Credit Accounts receivables $450

3 May 2016 Debit Inventory $300; Credit Cost of goods sold $300

Explanation:

2 May 2016 Debit Accounts receivables $4,500; Credit Sales Revenue $4,500

2 May 2016 Debit Cost of goods sold expense $3,000; Credit Inventory $3,000

2 May 2016 Debit Cost of goods sold expense $200; Credit Bank $200

3 May 2016 Debit Sales returns $450; Credit Accounts receivables $450

3 May 2016 Debit Inventory $300; Credit Cost of goods sold $300

- Sales returns is called a contra revenue account. It'll reduce the amount of sales since the goods were returned, but keep the amount separate.

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3 years ago

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If a manufacturer of electronic devices invests $670,000 in equipment for making compact piezoelectric accelerometers for genera

Ostrovityanka [42]

The rate of return from revenue of the electronic device is 31.65%.

We are to determine the internal rate of return of investment of this investment. The internal rate of return is the interest rate that equates the cost of the investment, to the present value of the cash flows.

In order to determine the internal rate of return, the following information is needed:

The cost of the electronic device: $670,000

Revenue: 1 - 9 = $225,000

10 = $225,000 + $70,000 = $295,000

These values can be imputed into a financial calculator. When imputed into the financial calculator, the value of the IRR is 31.65%.

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3 years ago