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bezimeni [28]
2 years ago
7

Suppose that an economy consists of only two individuals. Leland has $1950 available to spend on goods. He decides to purchase $

370 worth of produce from Charlotte in the current month. No other economic activity takes place during the current month. Using this information, answer the questions. For the current month, what is the economy's income
Business
1 answer:
Illusion [34]2 years ago
6 0

Answer:

$370

Explanation:

The computation of the economy income as follows:

Since Leland decided to buy the worth of produce in the present month for $370

So for the present month or the current month, the economy income is $370

Therefore the same would be considered also the single transaction is taken place in the current month

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Explain the response to laissez-faire economics
WARRIOR [948]
First of all, the laissez-faire economics is also known as hands-off apporach. This is from the 19th century. The leaders of the Middle class had a good reponse by embracing this type of approach. Some of the people looked to modify this kind of apporach for the government to have more control. Generally was accepted but also wished to be modified in order for the high class leaders to get control
7 0
3 years ago
A generation is about one-third of a lifetime. approximately how many generations have passed during the last 2,000 years?
Marrrta [24]
Life expectancy is about 75 years.
One third:
75 : 3 = 25
So one generation is about 25 years.
2,000 : 25 = 80
Answer:
Approximately 80 generations have passed during the last 2,000 years.
6 0
3 years ago
Read 2 more answers
when conducting a multi-criteria analysis, how would you determine the best option upon concluding the analysis?
navik [9.2K]

The highest score is the best option upon concluding the multi-criteria analysis .

<h3>What is a multi-criteria analysis' benefit?</h3>

By evaluating the results, performance, implications, and trade-offs of various policy alternatives, a Multi-Criteria Analysis (MCA) can be used to discover and contrast them. MCA offers a methodical method for supporting complicated decisions in accordance with predetermined standards and goals.

<h3>What is a multi-criteria analysis' benefit?</h3>

Managers can make environmental management decisions that involve trade-offs between a variety of intended management action outcomes with the aid of multi-criteria analysis. Transparent decision modeling begins with clearly specified criteria and hierarchically arranged objectives (particularly when employing qualitative measures).

To know more about multi-criteria analysis visit:

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3 0
1 year ago
Required-: JOURNAL ENTRY (ACCOUNT)
damaskus [11]

- Hey there , ronisha!

Answer:

\large{ \tt{SEE \: THE \: ATTACHED \: PICTURE}}

\large{ \tt{E \: X \: P \: L \: A \: N \: A \: T \: I \: O \: N}} :

  • Full settlement generally means DISCOUNT ALLOWED.

  • Firstly , Read out the question and try to understand. It says we purchased some stuffs of Rs 30000 from the sansee stores and we payed Rs 28000 in full settlement which implies that we received the discount of Rs 30000-28000 i.e Rs 2000.

  • You must have known the rules for debit and credit. As we know In case of personal account , Debit : The receiver , We have sansee stores as the receiver so we placed it in debit side.

  • Remember: When the question says that the cash is payed through cheque , you should always consider cheque as a bank. Now , In the case of personal account , Credit : The giver. Who's the giver? Of course , bank! So , we placed it in credit side.

  • Now , In case of nominal account , Credit : the incomes or gains . The question says we received the discount so obviously it's not expenses. So, We placed discount received in credit side. You must have studied that Every debit should have equal credit. And we're done!

- Hope this helps! Please let me know if you have any questions regarding my answer and also don't hesitate to reach out to me if you need any other help! :)

7 0
2 years ago
DEF Corporation had two issues of ordinary preferred stock with a $100 par value traded on the NYSE. One issue paid $5.56 annual
asambeis [7]

Answer:

5.93%

Explanation:

Cumulative Dividend for both (5.56+5.88)          $11.44

share price for both types of preferred stock (95.55+97.5) $193.05

Cost of preferred stocks $11.44/193.05=5.93%

6 0
3 years ago
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