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mario62 [17]
3 years ago
10

In the United States the degree of individual income mobility (that is, the degree to which people move from higher to lower or

lower to higher income groupings) is___________.
a. rigid in both directions.
b. flexible in both directions.
c. flexible upward but rigid downward since high income perpetuates itself from generation to generation.
d. flexible downward but rigid upward since most low-income people never rise significantly above the poverty level.
Business
1 answer:
IgorLugansk [536]3 years ago
7 0

Answer:

The correct answer is letter "B": flexible in both directions.

Explanation:

The ability that an individual, family or group of people develop to improve or worsen their economic condition is called economic mobility. It is measured in income terms and particularly, in the U.S. is flexible in both directions since, according to studies, Americans have proved to be able to get better living conditions but some of them have gone from good economic situations to poverty.

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When using the periodic system the physical inventory count is used to determine Select one: a. both the cost of the goods sold
AlexFokin [52]

Answer:

a. both the cost of the goods sold and the cost of ending inventory.

Explanation:

The physical count is used in the periodic inventory system to calculate the amount of ending inventory. However the cost of goods sold can be derived from using the ending inventory count. Suppose we have ending inventory of 100 units and Purchases were 500 units  Also there were no beginning inventory units so the Cost of goods Sold can be calculated as

Cost of Goods Sold= Beginning Inventory Add Purchases Less Ending Inventory

Cost of Goods Sold=  0 + 500- 100= 400

8 0
3 years ago
The winner of the first annual Tom Morris Golf Invitational won $105 in the competition which was held in 1899. In 2015, the win
antoniya [11.8K]

$25968406.94.

a. Computation of Effective Interest Rate

Future Value = Present Value * (1 + r)^n

Future Value = $1460000

Present Value = $105

n = Number of Years = 116 Years

Future Value = Present Value * (1 + r)^n

1460000 = 105 * (1 + r)^116

13904.76 = (1 + r)^116

1.0857 = 1 + r

Effective Interest Rate = 8.57%

b.Future Value in the year 2050

Future Value = Present Value * (1 + r)^n

Present Value = $1460000

n = Number of Years = 35 Years

Future Value = Present Value * (1 + r)^n

Future Value = 1460000 * (1 + 0.0857)^35

Future Value = 1460000 * 17.7866

Future Value in the year 2050= $25968406.94.

Learn more about interest rates at

brainly.com/question/25793394

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5 0
2 years ago
Hodgkiss Mfg., Inc., is currently operating at only 95 percent of fixed asset capacity. Current sales are $800,000. Fixed assets
Norma-Jean [14]

Answer:

$4,292,699.99

Explanation:

Calculation to determine How much in new fixed assets are required to support this growth in sales

Full capacity sales = $800,000/0.95 = $842,105.26

Capital intensity ratio = $480,000/ $842,105.26 = 0.57000000

Fixed asset need = ($890,000 × 0.57000000) - $480,000 = $4,292,699.99

3 0
3 years ago
The coach is weighing a slightly increased risk of losing against a slightly decreased risk of injury to the star quarterback. t
Sonja [21]

The missing word in the blank is :

small

hence the completed paragraph is:

The coach is weighing a slightly increased risk of losing against a slightly decreased risk of injury to the star quarterback. this weighing of trade-offs is an example of marginal thinking, because the star quarterback was in for most of the game, and the coach's decision concerns <u><em>small</em></u> shifts in probabilities with the game nearly over.

3 0
3 years ago
If a group of competitors got together and pulled all their ads from a certain advertising vendor in an attempt to force the ven
azamat

If a group of competitors got together and pulled all their ads from a certain advertising vendor in an attempt to force the vendor to lower his rates that would be considered an offense under boycotting.

  • Practices like setting pricing, manipulating contract bids, and dividing up customers among companies that ought to be competing for them are all considered violations of the Sherman Antitrust Act.
  • These infractions are crimes. As a result, they risk receiving severe penalties or lengthy prison terms.
  • Price fixing is an antitrust offense per se.
  • Usually, but not always, real estate brokers charge for their services as a percentage of the sales price, or "commission."
  • In addition, they often give a publicly disclosed portion of that commission to a broker who brings in a customer.

What is an antitrust violation central element?

The main components of an antitrust violation are a contract, a conspiracy between or among competitors to unreasonably impede commerce, or a combination of these, even though antitrust can and does take several forms in real estate.

Learn more about an antitrust violation central element brainly.com/question/576726

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8 0
1 year ago
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