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ehidna [41]
3 years ago
5

Complete the diagram of the Circular Flow of the Economy. Some answers are listed twice on purpose.

Business
1 answer:
ladessa [460]3 years ago
4 0

The Circular Flow Model aims to show how different sectors in the economy interact.

  • Households ⇒<u> </u><u>Labor </u>⇒ Resource / Factor Market
  • Households ←<u> Wages / Salaries</u><u> </u>→ Resource / Factor Market

Households provide labor to the resource market and in exchange, they are paid a salary.

  • Resource / Factor Market → <u>Labor </u>→ Firms / Business
  • Resource / Factor Market ← <u>Spending </u>← Firms / Business

The labor that households provide the resource market is employed by companies to produce goods and services. They then spend on paying wages for the labor they receive.

  • Firms / Business → <u>Products </u>→ Product Market
  • Firms / Business ← <u>Revenue </u>← Product Market

The firms will then sell the goods and services produced to the product market where they will earn a revenue for selling them.

  • Product Market → <u>Products </u>→ Households
  • Product Market ← <u>Income </u>← Households

Households will go to the product market to buy goods and services. They will then use the income they earned from the companies to buy these goods and services.

In conclusion, the economy interacts in such a way that every sector is connected.

<em>Find out more at brainly.com/question/11324259.</em>

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Day Corporation, an S corporation, reported a $73,000 ordinary loss for Year 1 (a non-leap year). Day uses the calendar year as
Ipatiy [6.2K]

Answer:

B's share of Day's losses = 25% x $73,000 = $18,250

B's basis in Day = $10,000 - $18,250 = $0, because a basis cannot be negative.

Since a S corporation is a pass through entity, it is not taxed directly, instead its shareholders are taxed. In this case, B can deduct $10,000 in losses in  year 1. Since the losses cannot exceed B's basis, there is nothing else B can deduct in year 2.

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Owning your own business allows you the freedom to A. enjoy more free time. B. allow others to make decisions. C. bypass some la
gayaneshka [121]

The answer is to determine your own working hours.

Owning you own business allows you the freedom to determine your own working hours.

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3 years ago
Bronn tells Jaime, "I really like your armor." Jaime responds, "I will sell it to you for $800." Bronn states, "Sure, and throw
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Answer:

B. price subject

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Which Information Systems (IS) career oversees integrating different technologies and systems within an organization
solmaris [256]

The Information Systems (IS) career that oversees integrating different technologies and systems within an organization is that of an IS manager

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Analyze if the investment in new equipment is profitable based on the information given below. Cost of new equipment $66,000 Yea
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Answer:

D

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IRR can be calculated with a financial calculator  

Cash flow in year 0 =  $-66,000

Cash flow each year from year 1 to 4 = $20,000

IRR = 8.16%

For the project to be profitable, the IRR has to be greater than the desired rate of return

Since the IRR (8.16%) is lower than the desired rate of return (10%), the project isn't profitable

To find the IRR using a financial calculator:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. After inputting all the cash flows, press the IRR button and then press the compute button.  

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