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3 years ago

Bill smith economic influences

Business

1 answer:

dusya [7]3 years ago

7 0

I don't really know of Bill Smith but I know Adam

Smith's best - known ideas formed the basis of economic theory , including the invisible hand theory ( the idea that free - markets coordinate themselves ) , the division of labor ( the idea that people should specialize in specific tasks ) , and the measurement of economic activity ( Gross Domestic Product ) .

Please follow me and Mark as brainlest.

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You are the Accounting Director for SpaceX based in New York. Your department is implementing new accounting software (called Fi

soldier1979 [14.2K]

Answer:

The change will impact all 300 locations. The letter should be written to entire staff of the SpaceX.

Explanation:

To: All Staff SpaceX Team

Subject: Change over details (First Launch)

As you all are already aware about the implementation of new software named First Launch . The software installation run will start from March 1, 2021 at 9:00 a.m. Every accountant receiving the new product will require to install the software within 48 hours. Failure to do will result in expiry of the password which will require resending the software. After installation all accountants must restart the computer.

This change will affect all 300 locations across the United States. The changeover will result in improved efficiency, increase in security and there will be more transparency.

If there is any concern or query regarding this change feel free to write the team implementing the change.

Regards,

Director Accounts.

8 0

3 years ago

Suppose that initially a bank has excess reserves of $800 and the reserve ratio is 30%. Then Andy deposits $1,000 of cash into h

ratelena [41]

Answer:

excess reserves after lending = $900

so correct option is C) $900

Explanation:

given data

reserves = $800

reserve ratio = 30%

deposits = $1,000

bank lends = $600

to find out

That bank can lend an additional

solution

first we get required reserves from new deposit that is express as

required reserves = deposit × reserve ratio ......................1

put here value

required reserves = $1000 × 30%

required reserves = $300

and

now excess reserves from new deposits will be

excess reserves = deposits - required reserves .......................2

put here value

excess reserves = $1000 - $300

excess reserves = $700

and

total excess reserves will be here

total excess reserves = old excess reserves + new excess reserves ...........3

put here value

total excess reserves = $800 + $700

total excess reserves = $1500

so that

excess reserves after lending is here express as

excess reserves after lending = excess reserves - amount given to Molly ..........................4

put here value

excess reserves after lending = $1500 - $600

excess reserves after lending = $900

so correct option is C) $900

3 0

3 years ago

In 2010 the United States posted a current account deficit of -$471 billion. The bulk of the negative value came from: A. a good

Brut [27]

Answer:

A. a goods trade deficit

Explanation:

The current account represent the trade balance (export less import) plus

the net income (person receiving interest, rent or wages from aboard less person and companies paying foreingers) and

the direct payment. ( remittances from wroker to US)

As the US is one of the most open-economies in the world the mayority of this deficit comes from import of good and services from aboard.

Another factor, is that US company invest around the world thus, the net income should be positive.

And becuase the US economy is strong as opposite of Mexico or other Latin America countries, the average US employee abroard will not send their wages to support his family.

Thus, we should ensure the deficit comes from a negative trade deficit.

6 0

3 years ago

The deadweight loss associated with output less than the competitive level can be determined by A. subtracting the consumer surp

SSSSS [86.1K]

Answer:

C. subtracting the competitive level producer surplus from the producer surplus associated with less output

Explanation:

A deadweight loss refers to a cost to society created as a result of market inefficiency. Market inefficiency occurs when supply and demand are out of equilibrium. It is also known as excess burden.

Deadweight loss is also created due to taxes as they prevent people from purchasing things that they would otherwise as the final price of the product increases.

The deadweight loss associated with output less than the competitive level can be determined by subtracting the competitive level producer surplus from the producer surplus associated with less output

7 0

3 years ago

Joint costs are ______. Multiple choice question. economically attributable to all end products irrelevant in decisions regardin

Brums [2.3K]

Joint costs are irrelevant in decisions regarding what to do with a product after split-off.

The reason for this answer is because they are not relevant for the decision to either sell or to process further.

The costs are the same. It does not matter if you are to sell at a split off or not. We can then regard it as either a past or sunk cost. In summary it means that they have being paid off already.

4 0

3 years ago