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SVETLANKA909090 [29]
2 years ago
14

According to libertarians, the government should redistribute income from rich individuals to poor individuals to achieve a more

equal distribution of income.
a. True
b. False
Business
1 answer:
devlian [24]2 years ago
3 0

Answer:

b. False

Explanation:

In the United States of America, the libertarians refers to a group of people or individuals who have the philosophical views of promoting individual freedom and liberty among the people. Thus, the primary political strength, values and ideas of a libertarian is individual freedom and liberty.

Saying libertarians wants the government to redistribute income from rich individuals to poor individuals to achieve a more equal distribution of income is a false statement because the libertarians simply cares about the means being just but not concerned about the outcome of a process or event.

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Buyers and sellers in a competitive market that must accept the price that the market determined.
taurus [48]

Answer:

price takers

Explanation:

The buyers and sellers that just accept the prices are called price takers-

6 0
2 years ago
The Securities and Exchange Commission is an example of a​ _____.
galben [10]

Answer:

(A). Federal Administrative Agency

Explanation:

The Securities and Exchange Commission(SEC) is an independent federal government agency responsible for protecting investors, maintaining fair and orderly functioning of the securities market.

The Securities and Exchange Commission was created in 1934 to help restore investor confidence in the wake of the 1929 Stock Market Crash.

The SEC is allowed to bring only civil actions, either in federal court or before an administrative judge.

Most of the administrative agencies are under the supervision of the President. Since SEC is an independent body, the President exercises limited power and control over it. But he does play a major role in influencing the activities of such independent bodies.

Thus, The Securities and Exchange Commission is an example of a Federal Administrative Body i.e option (A).

8 0
3 years ago
Listed below are the ledger accounts for Borges Inc. at December 31, 2019. All accounts have normal balances. Service Revenue $2
Tresset [83]

Answer:

Explanation:

The  debit and credit balance of trial balance is shown below:

Debit balance =  Cash + Rent Expense + Dividends + Salaries Expense + Equipment + Accounts Receivable + Advertising Expense

= $12,850 + $2,400 + $1,500 + $4,300 + $12,935 + $5,700 + $1,370

= $41,055

And the credit balance = Service revenue + accounts payable + common stock

= $23,230 + $2,825 + $15,000

= $41,055

The preparation of the trial balance is given in the spreadsheet. Kindly find the attachment below:

3 0
3 years ago
All ________ are required to be members of the Federal Reserve System. Group of answer choices banks with assets less than $100
svetlana [45]
The answer is national banks chartered by the Office of the Comptroller of the Currency
6 0
2 years ago
Crown Co. can produce two types of lamps, the Enlightner and Foglighter. The data on the two lamp models are as follows: Enlight
Vlada [557]

Answer:

Crown Co.

The breakeven point in total units is:

711 units

Explanation:

a) Data and Calculations:

                                            Enlightner   Foglighter   Total

Sales volume in units           500              400       900

Unit sales price                   $ 300           $ 400

Sales value                      $150,000    $160,000    $310,000

Unit variable cost                  200              240

Variable costs                 $100,000     $96,000    $196,000

Unit contribution margin    $ 100            $ 160

Total contribution            $50,000     $64,000     $114,000

Machine hour                          1                  1  

Weighted contribution margin per unit                $126.67 ($114,000/900)

Total fixed costs                                                     $90,000

Variable costs                                                       $196,000

Total costs =                                                         $286,000

Weighted contribution margin per unit:

                                           Enlightner          Foglighter      Total

Unit contribution margin     ($ 100 *5/9)   ($ 160 * 4/9)

                                               $55.56             $71.11         $126.67

Break-even point in total units = Fixed costs/Weighted contribution margin per unit

= $90,000/$126.67

= 710.5 units

3 0
3 years ago
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