Answer:
$26250
Explanation:
The capitalized interest wil be = Average Accumulated Expenditures * Rate of Interest.
= 375000 * 7% = $26250
Businesses are necessary to hire, organize, and supply workers.
Answer: A commercial bank.
Explanation:
These are banks whose function is to lend to both the population and the economy. The basis of this activity is short-term deposits from all sources. By granting loans, these banks increase their money supply. In some areas, these banks, in conjunction with the authorities, also provide lower interest rates to stimulate economic development.
Answer:
A. There has been a move away from centrally planned and mixed economies and toward a more free market economic model.
Explanation:
In that period of time, the Soviet union was regarded as the biggest nation who adopted a centrally planned economic model. The country was so poor and a lot of dissatisfaction arise among the people due the centrally planned economic system. Eventually, members of soviet union started to seek their own independence, Leading to the fall of the soviet union in 1991.
The rest of the countries witnessed this Downfall and started to move away from centrally planned and mixed economies toward a free market model. They fear that if they adopted them, their country will fall into poverty just like the Soviet Union.
Answer:
Key Differences Between Primary and Secondary Data
Primary data is a real-time data whereas secondary data is one which relates to the past. Primary data is collected for addressing the problem at hand while secondary data is collected for purposes other than the problem at hand.
Explanation:
Hope this helps.
