Why do central banks play an important role in the global economy?

Avalon Industries buys equipment for $50,000, expects to use it for Five years, and then sell it for $6,200. Using the straight-

svet-max [94.6K]

Answer:

Annual depreciation= $8,760

Explanation:

Giving the following information:

Avalon Industries buys equipment for $50,000, expects to use it for Five years, and then sell it for $6,200.

We need to use the following formula:

Annual depreciation= (original cost - salvage value)/estimated life (years)

Annual depreciation= (50,000 - 6,200)/5= $8,760

8 0

3 years ago

Which managerial function involves setting goals, establishing a strategy to pursue those goals, and forecasting future threats

loris [4]

Answer:

A. Planning

Explanation:

There are five types of management functions i.e planning, organizing, staffing, directing and planning.

The planning refers to the make out a plan how to accomplish the company goals and objectives with the help of making strategy so it is easy for company to reach it also at the same time it forecast the swot analysis i.e (strength, weakness, opportunities, and threats) that affect the needs and strategies of the company

Hence, the correct option is A

8 0

3 years ago

– are illegal markets that emerge in response to price controls. A few buyers are able to obtain the good at the open-market pri

kirill [66]

Answer:

TRUE

Explanation:

Because the price is below equilibrium the quantity will fall and shortage will ocour. Because of that the price in the black market will become even higher than it was before the price control, making the price control counter productive.

So this additional demand is met at much higher prices than legal market.

8 0

3 years ago

Read 2 more answers

7. A fast-food chain plans to expand by opening several new restaurants. The chain operates two types of

garri49 [273]

≤

Explanation:

Drive through Full Service

Annual revenue 200,000 500,000

Cost 100,000 150,000

Income 100,000 350,000

Employee 5 15

Income / employee 20,000 23,333.33

Using simultaneous equation ,

Let X represent the drive through service ,and Y represent the full service restaurant

Budget = 100,000x + 150,000y ≤ 2,400,000 (equation 1)

Employer = 5x + 15y ≤ 210 (equation 2)

(Divide equation 1 by 10 ,000)

10x+ 15y ≤ 240 (equation 3)

Using elimination method, multiply equation 2 by -2

10x +15y ≤240

-10x - 30y ≤-420

-15y ≤ -180

y≤ -180/-15

y = 12

substitute y = 12 in equation 3

10x + 15y≤240

10x +180 ≤240

10x≤240-180

10x≤60

x≤6

12 1,800,000 180

6 600,000 30

6 drive through services and 12 full services should be opened.

6 Drive through 12 full service 20

Cost 600,000 1,800,000 2,400,000

Employees 30 180

Net income 600,000 4,200,000

6 0

3 years ago

When Roosevelt cut spending in 1937, the U.S. economy returned to the abysmal economic status of 1932–1933; yet, despite reversi

OLEGan [10]

Answer:

When Roosevelt cut spending in 1937, the U.S. economy returned to the abysmal economic status of 1932–1933

Explanation:

Economists believe that the recession during 1937 was the result of government's decision to curb government spending as this idea was immature. Even after Roosevelt's decision there was recession and political atmosphere heated up due to this.

Roosevelt and his advisors made a decision to curb government spending thinking it would take the country of recession. It is also believed that there was contraction in the money supply caused by 'Federal Reserve and Treasury Department' policies which may have contributed to the Recession. Unemployment grew worsening the situation.

The economist John Maynard Keynes supported the idea that government should increase the spending to increase demand.

7 0

3 years ago