Answer:
In our present American free enterprise economic system:
Some people want to see pure capitalism being put in place. This means that there is no government interference with the workings of the economy. Some others, including the government, have understood that there is no perfect capitalism. As such, they call for government intervention to ensure that economic crises are not allowed free reign.
Adam Smith, as a philosopher, vehemently advocated for a free market economy without any form of government interference. He did not even support the imposition of taxes by the government. John Maynard Keynes also supported a free market economy, but he advocated for some government intervention from time to time. John Keynes stated that government must intervene during economic crises through subsidies.
Explanation:
Adam Smith elevated the economic theory of laissez-faire. He noted that the free markets needed only the invisible hand to regulate themselves by means of competition, supply and demand, and self-interest. John Keynes advocated for increased government expenditures and lowering of taxes as two important means to stimulate market demand and pull the global economy out of depression.
Bks, incorporated has a research and development (r&d) facility in the arizona desert. only authorized persons are allowed in the facility and all employees and guests must sign a non-disclosure agreement. bks likely considers the ideas of the people in their r&d division to be: <u>trade secrets</u>
Answer:
$427.50
Explanation:
To calculate an employee`s gross pay start bay identifying the amount owed each pay period.
Hourly employees multiply the total hours worked by the hourly rate plus overtime and premium dispersed.
so: $9 * 40 hours = $360
5 *13.5= $67.5
Total: $427.5
A mobile phone is used by a user to perform communications-related tasks . It is used to transfer data between systems.
The most commonly used wireless communication protocol for cellular services. It employs packet switching technology, which divides data into packets for transmission before reassembling it at the other end. GSM is a digital cellular technology that provides mobile data and phone services on a wide range of devices. The Global System for Mobile Communication (GSM) is one of the 2nd telecommunications standards (2G). GSM is simply a wireless network that allows data to be transferred between mobile devices.
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Answer and Explanation:
The journal entry to record the issuance of the bond is as follows:
Cash Dr (5,000 × 103) $515,000
Discount on bond payable Dr $4,485,000
To Bond payable (5,000 × $1,000) $5,000,000
(Being the issuance of the bond is recorded)
Here cash and discount on bond payable is debited and credited the bond payable