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harina [27]
3 years ago
8

Harry created a mask-manufacturing corporation by contributing $1,000. He stayed as the sole shareholder and director of the cor

poration. To inject further capital into the corporation, he loaned the corporation $100,000 and secured the loan in exchange for all the corporation's assets. Five years into operations, the corporation has still failed to make profits and consequently files for bankruptcy. Who has been defrauded
Business
1 answer:
STatiana [176]3 years ago
3 0

Answer:Five years into operations, the corporation has still failed to make profits and consequently files for bankruptcy. Who has been defra

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Which one of the following items would you be most likely to keep in a database ?
ser-zykov [4K]
Payroll records would most likely to keep in a database. It keeps it more safer for the future use.
7 0
3 years ago
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In recent times, the value of "currency" as well as "checkable deposits" was about $___________ billion each.
Alinara [238K]

Answer:

As of December 2019, the total amount of currency in the US economy was $1,700 billion, while total checkable deposits as of December 2019 was $2,300 billion.

Explanation:

Total M1 money supply in the US economy as of December 2019 was $4 trillion (as stated by the federal reserve)

M1 money supply includes checkable deposits, paper bills and coins (currency) and travelers' checks.

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3 years ago
An economy is operating with output $300 billion above its natural level, and fiscal policymakers want to close this expansionar
topjm [15]

Answer:

$120 billion

Explanation:

Economy operating at $300 billion above its natural level of output.

Marginal propensity to consume, MPC = 3/5 = 0.6

For closing this expansionary gap, the government have to decrease its spending by the amount calculated as follows:

Spending multiplier:

= 1/ (1 - MPC)

= 1/ (1 - 0.6)

= 1/ 0.4

= 2.5

Hence, the government spending reduces by

= Expansionary gap ÷ Spending multiplier

= $300 ÷ 2.5

= $120 billion

4 0
3 years ago
IE 9-2 ... PPF Model – If this economy has encountered a Recovery from Point "R" to Point "X" (as viewed by the Keynesian Model)
DerKrebs [107]

Answer:

Severe Inflation

Above $2.34

Explanation:

If this economy has encountered a Recovery from Point "R" to Point "X" (as viewed by the Keynesian Model), then one Risk is a movement toward Point "P" with severe inflation. The corresponding AS/AD Model would move from a Price Level of $2.00 to above $2.34.

8 0
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What are folders within folders called
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Computer folders can also store other types of files, such as applications, archives, scripts, and libraries. All folders are subfolders, or subdirectories of the root directory.
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