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AlexFokin [52]
3 years ago
8

Again, consider Sharon, a single mother with two children under 18 who earns an annual income of $16,000. Suppose that Sharon qu

alifies for a
welfare program for single mothers that provides her with $500 cash for each child (a total of $1,000, since Sharon has two children). After receiving
welfare, is Sharon's family living in poverty?

O Yes
O No

Business
1 answer:
Mrac [35]3 years ago
7 0

Sharon and two kids makes 3 people total with both kids being under 18, the poverty level from the table is $20,231

She gets $1000 a month for her kids. 1000 x 12 months = $12,000 per year

12,000 + her annual salary = 12,000 + 16,000 = $28,000 per year.

28,000 is greater than 20,231 so she is not living in poverty.

The answer is no

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A worker leaving a rural job as crop prices decline during an economic downturn is an example of ___ unemployment.
maks197457 [2]

Answer:

cyclical

Explanation:

The keywords here are "during an economic downturn".

If the worker leaves the rural job temporarily (for one season/year for example), it's a cyclical change because he will return to his original occupation later when favorable conditions have returned

However, if that situation persists over a longer period of time, it will become a structural change and will cause a change of the structure of the work force, and a decline of the agricultural sector.

Without any further indication, I would go with cyclical.

<u>A seasonal unemployment</u> is for example an agricultural worker who doesn't have anything to do because of Winter.  But he'll have work again once Winter has passed.  Same concept for fishermen and tourism workers.

6 0
3 years ago
A customer owns a convertible subordinated debenture, convertible into common at $25 per share. The bond is currently trading at
Dafna1 [17]

Answer:

c:40:1 OR B:32:1

Explanation:

3 0
3 years ago
Information related to Kerber Co. is presented below.1. On April 5, purchased merchandise from Wilkes Company for $23,000, terms
diamong [38]

Answer: please refer to the explanation section for journals and notes

Explanation:

1 April

DR Inventory 23000

CR       Trade Payable    23000

inventory is purchased on Free on Board Shipping terms, risks and Ownership of inventory  transfers to Kerber Co the moment Wilkes company ships the inventory. inventory must be recognised

6 April

DR Freight costs 900

CR        Bank              900

DR Inventory   900

CR       Freight costs   900

Kerber Co Paid Freight costs of $900. There are two events happening in this transaction  being the payment of freight costs and the capitalisation of freight costs. Freight costs are capitalised  (included in the value of inventory) as they are costs necessary to get the inventory in to the premises of the customer (Kerber Co).

7 April

DR Equipment  26000

CR       Creditor/Liability 26000

Kerber Co purchase inventory on credit. equipment is debited because Equipment is an asset  and liability is credited.

8 April

DR Trade Payable 3000

CR    inventory              3000

Damaged inventory returned will decrease inventory balance and also decrease the amount owed to the creditor (Wilkes Company) . Trade Payable account is Debited and inventory account is credited to record the decrease in inventory and amount payable

15 April

DR Trade Payable 20000  

CR       Bank                    20000

23000 - 3000 = 20 000

recording payment made to the Creditor for inventory purchased or settlement of the trade payable account  

5 0
3 years ago
What did the nixon administration do to help close the economic gap between blacks and whites answers?
Zigmanuir [339]
<span>What did the Nixon administration do to help close the economic gap between blacks and whites? Nixon's administration developed the civil rights law concerning blacks and whites to end discrimination and racial activity within the United States. Civil rights laws were developed to guarantee rights and equal treatments between different types of individuals. No discrimination allowed. </span>
7 0
3 years ago
Read 2 more answers
_______ is the only state to have adopted a single-payer health plan.
Leviafan [203]
Hello there!

Vermont was the only state to have adopted a single - prayer health plan.


I hope this helps! As always, it is my pleasure to help students like you.
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4 years ago
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