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lesantik [10]
3 years ago
10

Economic justice was not a mainstream concept before the Great Depression. The predominant economic theory advocated a laissez-f

aire market philosophy in which markets would fix themselves through unregulated cycles. With the development of industrialization, business cycles became more and more extreme with dire consequences for ordinary people. With the Great Depression, some began to advocate for a change in philosophy.
Match the following advocates with the policy for which they advocated.

Advocates:
John Maynard Keynes
Upton Sinclair
the U.S. Supreme Court
Huey Long

Policies:
"Share the Wealth" movement
large-scale government spending
cooperative ventures
Business
1 answer:
statuscvo [17]3 years ago
3 0

Answer:

1) "Share the Wealth" movement:

[Huey Long]

2)large-scale government spending:

[John Maynard Keynes]

3) cooperative ventures:

[Upton Sinclair]

Explanation:

The Great Depression which was at its peak arround 1930s was regarded as

severe worldwide economic depression which started from United States. In some other countries it started arround 1929. Some advocates advocated some policy for change in philosophy after this, some of the advocates are;

1) Huey Long that as advocates for "Share the Wealth" movement" which started in the year 1934, Huey Long was governor in U.S, and he later became a Senator at Louisiana, his policy was that economy must be stimulated and stressed that there should be massive federal spending as well as wealth redistribution.

2)John Maynard Keynes : in his movement arround

year 1934 call the state for utilization of idle factories as well as land that cooperative ventures has to support the economy

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Mama L [17]

Answer:

Equivalent annual cost = $16,502.89

Explanation:

Equivalent annual cost = Present Value of cost / Annuity factor

Present value of cost:

PV of additional cost  =50,000 ×1.05^(-10)=30,695.66

PV of maintenance cost

First four years= 5,000×  (1-1.05^(-4))/0.05=17,729.75

From year 5 to infinity = (8,000/0.05)× 1.05^(-4)=131,632.39

PV of maintenance cost =  17,729.75  + 131,632.396= 149,362.14

PV of costs = 150,000 + 30,695.66 + 149,362.14= 330,057.8112

Annuity factor = 1/r = 1/0.05= 20

Equivalent annual cost = 330,057.8112 /20=$16,502.89

Equivalent annual cost = $16,502.89

4 0
3 years ago
A Whopper combo meal costs $3.00 and gives you an additional 15 units of utility; a meal at the Embassy Suites costs $29.00 and
Olenka [21]

Answer:

be indifferent between the two meals

Explanation:

Marginal utility is the additional satisfaction received from consuming an additional unit of a good or service. Marginal utility is the additional utility derived from consuming one more unit of a good. the consumption decision is to consume more units of a good that gives the higher utility per good.

Marginal utility per good = marginal utility / price of the good

Whopper combo meal = 15 / 3 = 5

a meal at the Embassy Suites = 145 / 29 = 5

both meals have the same marginal utility of 5. She would be indifferent between consuming the two meals

8 0
3 years ago
Vaughn Manufacturing began the year with retained earnings of $114000. During 2022, the company issued $84500 of common stock fo
aalyn [17]

Vaughn's net income for the year 2022 is: c. $88,000.

<h3>Net income</h3>

Using this formula

Net income=Revenues - expenses

Where:

Revenues=$735,000

Expenses=$647,000

Let plug in the formula

Net income=$735,000-$647,000

Net income=$88,000

Therefore the correct option is c.

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3 0
1 year ago
If you perceive that the costs and rewards are balanced between you and your partner, you are more likely to be satisfied with y
erastova [34]
The question is
True
3 0
3 years ago
Mystic Laboratories reported total assets of $11,200,000 and noncurrent assets of $1,480,000. The company also reported a curren
Anastasy [175]

Answer:

$6,480,000

Explanation:

The computation of the amount of the current liabilities is shown below:

Total assets of $11,200,000

Less: Noncurrent assets $1,480,000

Current Assets = $9,720,000

Now as we know that

Current ratio  = Current Assets ÷ Current Liabilities

Current Liabilites is

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hence, the current liabilities is $6,480,000

3 0
3 years ago
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