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poizon [28]
3 years ago
15

Assume that a state government currently provides no child-care subsidies to working single parents, but it now wants to adopt a

plan that will encourage labor force participation among single parents. Suppose that child-care costs are hourly, and suppose the government adopts a child-care subsidy that pays $3 per hour for each hour the parent works, up to 8 hours per day. Draw a current budget constraint (net of child-care costs) for an assumed single mother and then draw in the new constraint. Discuss the likely effects on labor force participation and hours of work.
Business
1 answer:
sergiy2304 [10]3 years ago
6 0

Answer:

The line on the graph will be parallel to the pre-subsidy line and the new constraint will then be equal to the points connecting the two lines.

Explanation:

The subsidy by government to single parents is $3 per hour for up to 8 hours. The total of subsidy will be $16 for each day. The labor force who were not receiving the subsidy before had steep indifference curve but now few workers will find utility maximization with flatter indifference curve so the workers will join the subsidy program.

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Use the following information to determine a company‘s cash flows from financing activities.a. Net income was 535.000.b. Issued
navik [9.2K]

Answer:

The company‘s cash flows from financing activities is ($12,600), or cash deficit of $12,600

Explanation:

The cash flow from financing activities = Cash inflows from issuing equity or debt – dividend paid out – repurchasing equity or debt

= Issued common stock for $64,000 cash - Paid cash dividend of $14,600 - Paid $50,000 cash to settle a bond payable - Paid $12,000 cash to acquire its treasury stock

= $64,000 - $14,600 - $50,000 - $12,000 = ($12,600)

7 0
3 years ago
By what method did the Securities and Exchange Commission try to reform the stock market in the 1930s? Nationalizing the New Yor
Zinaida [17]

Answer:

Monitoring all stock transactions

Explanation:

The Securities and Exchange Commission (SEC) is a U.S. regulatory institution responsible for safeguarding resources and the investors, regulating the stock market, and developing and implementing federal securities legislation. The commission was the result of inquiring the cause of the Great Depression and prevent such events in the future. The Securities Act was designed to help deter fraud in securities and provided that investors must provide accurate financial information.

4 0
3 years ago
Cost and Amortization of Intangible Assets On January 2, 2019, Frazier Company purchased a restaurant franchise for $85,000. The
umka21 [38]

Answer: The following journal entries would apply:

<u>Purchase of franchise:</u>

Debit: Restaurant franchise (intangible asset) $85,000

Credit: Cash $85,000

<u>Amortization of franchise:</u>

Debit: Amortization charge $708

Credit: Accumulated amortization $708

Explanation: When the franchise was purchased, there was a cash outflow. So the above first entries would apply in order to recognize the intangible asset in Frazier Company's books. However, the intangible was meant to be amortized over 10 years, meaning $85,000/10 years = $8,500 annual amortization charge. We still have to divide this by 12 in order to arrive at the monthly amortization charge. So $8,500 divided by 12 months = $708 monthly. The above entries apply on amortization.

5 0
3 years ago
The 2005 boston globe article discussing ticket scalping points out that the price people will pay for tickets will rise when se
natta225 [31]

Answer: c). supply is limited and demand is not limited

Explanation: When supply of a good is limited while its demand is not limited as rise in the price of the good, will not lead to a substantial decline in the quantity. The 2005 boston globe article discussing ticket scalping points out that the price people will pay for tickets will rise when supply is limited and demand is not limited. This limited supply will induce consumers to compete among themselves and pay a higher price in order to get the limited supply.

4 0
3 years ago
During the 1960s, u.s. firms created just over _____ of worldwide foreign direct investment and british firms were second accoun
s2008m [1.1K]

During the 1960s,US. firms created just over <u>65%</u> of worldwide foreign direct investment and British firms were second accounting for just over 10 percent.

<h3>What is meant by foreign direct investment?</h3>

Foreign direct investment (FDI) is known to be a type oof cross-border form of investment.

Note that it it one where an investor that is known to  resident in one economy set up a lasting interest in and a  vital extent of influence over a firm that is found  in another economy.

Therefore, note that during the 1960s,US. firms created just over <u>65%</u> of worldwide foreign direct investment and British firms were second accounting for just over 10 percent.

Learn more about foreign direct investment from

brainly.com/question/1125884
#SPJ1

6 0
2 years ago
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