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umka2103 [35]
3 years ago
9

The dictator of Turan has recently begun to arbitrarily seize farms belonging to his political opponents, and he has given the f

arms to his friends. His friends don't know much about farming. The courts in Turan have ruled that the seizures are illegal, but the dictator has ignored the rulings. Other things equal, we would expect that the growth rate in Turan will:_______.
a. fall and remain lower for a long time.
b. increase because the total amount of human capital in the country will increase as the new owners learn how to farm.
c. fall temporarily, but will return to where it was when the new owners learn how to farm.
d. not be affected unless widespread civil disorder or civil war results.
Business
1 answer:
jekas [21]3 years ago
5 0

Answer:

A

Explanation:

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You receive a credit card application from Shady Banks Savings and Loan offering an introductory rate of 1.25 percent per year,
lana66690 [7]

Answer:

$793.70

Explanation:

The computation is shown below:

At introductory rate

The rate is 17.8% per year

And, in monthly, the rate would be

= 1.25% ÷ 12 months

= 1.4833%

Time is 6 months

Amount after 6 month would be

= Balance × (1 + interest rate)^ time period

= $8,000 × (1 +  0.1042%)^6

= $8,050.15

The interest after 6 month is

= $8,050.15 - $8,000

= $50.15

Now for increase rate to 17.8%

The rate is 17.8% per year

And, in monthly, the rate would be

= 17.8% ÷ 12 months

= 1.4833%

Time is 6 months

Amount after 6 month would be

= Balance × (1 + interest rate)^ time period

= $8,050.14 × (1 + 1.4833%)^6

= $8,793.70

The interest after 6 month is

= $8793.70 - $8,050.15

= $743.55

So, the total interest would be

= $50.15 + $743.55

= $793.70

5 0
3 years ago
Metzler Communications designs and programs a website for a local business. Metzler charges $33,000 for the project, and the loc
Grace [21]

Answer and Explanation:

1. The Journal entry is shown below:-

Notes receivable Dr, $33,000

        To Sales revenue $33,000

(Being sales is recorded)

2. The computation of interest is shown below:-

Interest = $33,000 × 4% × 6 ÷ 12

= $660

3. The Journal entry is shown below:-

Cash Dr, $33,660

       To Interest income $660

       To Notes receivable $33,000

(Being collection of notes receivable is recorded)

3 0
4 years ago
How are jobs affected by supply and demand ?Explain how changes in supply and demand couple impact employment and jobs?
Ksju [112]

Answer:

Please see explanation below

Explanation:

a. Just as supply and demand affects any other market, so does it affects jobs too. Take for instance if additional workers are added to the existing workforce while the demand for jobs remains the same; it means that employers would likely pay less which will bring about drop in income to employees hence causes less job stability. On the other hand, if there is an increase in demand for jobs while supply remains the same; then employers will be willing to pay more thereby resulting in higher income for few who are employed hence bring about job stability.

b. Change in demand refers to either an increase or decrease in demand for a particular good or service due to changes in consumer tastes, income level, population, price of substitutes etc; while change in supply is when suppliers decided to either increase or decrease their production or output due to changes in technology, process automation, change in the number of competitors in the market, taxes, production costs etc.

An increase in demand for certain goods or services would necessitate an increase in supply for such goods hence create avenue for producers or manufacturers to employ more people to produce them. Also, a decrease in demand for certain goods or services would result in less goods being produced hence lesser people getting employed to produce such goods.

On the other hand, when producers embraces new technology or process automation , the possibility of producing more goods will be higher while such would result in job losses.

3 0
3 years ago
The following December 31, 2021, fiscal year-end account balance information is available for the Stone Corporation:Cash and cas
blsea [12.9K]

Answer:

1.

Total current assets  = $112500

2.

Short term investments = $2300

3.

Retained earnings = $15500

Explanation:

1.

The total current assets can be determined using the current ratio provided for 2021. The current ratio is calculated by dividing the value of total current assets by the value of the total current liabilities.

1.5  =  Total current assets / (51000 + 23000 + 1000)

1.5 = Total current assets / 75000

1.5 * 75000 = Total current assets

Total current assets  = $112500

2.

Short term investments are a part of the current assets. The value of short term investments is,

112500 = 6200 + 32000 + 72000 + Short term investments

112500 = 110200 + Short term investments

112500 - 110200 = Short term investments

Short term investments = $2300

3.

The basic accounting equation states that the total assets is always equal to the value of total liabilities plus total equity.

Total assets = Total Liabilities + Total Equity

(112500 + 180000) = [(51000 + 23000 + 1000) + 42000]  +  (160000 + Retained earnings)

292500 = 117000 + 160000 + Retained earnings

Retained earnings = 292500 - 277000

Retained earnings = $15500

6 0
4 years ago
Which of the following parties is typically the shortest and least expensive? A. A reunion B. A holiday party C. A cocktail part
marysya [2.9K]
The answer is the cocktail party. When you say cocktail party, it is a small party that has a little food or even just drinks. It is only for few hours maybe longest will be 4-6 hours to finish this kind of party. And since it does not include too much money, it is the least expensive.
7 0
4 years ago
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