All categories

3 years ago

Which of the following helped fuel economic growth by encouraging people to buy American goods?

1 answer:

4 0

Protective Tariffs are policies that seek to encourage individuals to buy domestic goods, in this case American goods (C). However, the impact on economic development and growth is mixed in that it can help fuel development of important competing industries but can also harm the economy as a whole and also create higher equilibrium prices for consumers.

You might be interested in

Batson Company produces Trivets. Based on its master budget, the company should produce 2,500 Trivets each month, working 4,000

Alexeev081 [22]

Answer:

3840 hours

Explanation:

Given data:

The number of trivets company should produce = 2,500

Number of hours to work = 4,000

During may,

The number of trivets produced = 2,400

Direct labor hours = 3,900

now, using the concept of unitary method

2,500 trivets require 4,000 hours

thus,

1 trivets require (4,000 / 2,500) hours

now, the standard hours for 2,400 trivets

(4,000 / 2,500) hours × 2,400

3840 hours

hence, the standard hours allowed for May production would be = 3840 hours

4 0

3 years ago

Benson and Orton are partners who share income in the ratio of 2:3 and have capital balances of $60,000 and $40,000, respectivel

Illusion [34]

Answer:

$44,800

Explanation:

For computation of capital balance we need to find out first total capital, shares, gain and Orton shares which is shown below:-

Total capital = $60,000 + $40,000 + $20,000

= $120,000

Shares = Total capital × Interest rate

= $120,000 × 0.10

= 12,000

Gain = Investment - Shares

= $20,000 - $12,000

= $8,000

Orton Shares = Gain × 3 ÷ 5

= $8,000 × 3 ÷ 5

= $4,800

Capital = Given capital balance + Orton Shares

= $40,000 + $4.800

= $44,800

So, We have applied the above formula.

5 0

3 years ago

BLW Corporation is considering the terms to be set on the options it plans to issue to its executives. Which of the following ac

barxatty [35]

Answer:

Option A

Explanation:

Exercise price is the base price at which a share can be sold and is called the strike price of an option, increase in exercise price would reduce its market value because the value is the difference between it exercise price and market price.

3 0

4 years ago

Which interest group in the united states is more likely to depend on demonstrations and other non traditional strategies of inf

aleksandr82 [10.1K]

<span>An interest group is an organization or group of people who share a unified interest and work closely together to protect, promote, and sustain that interest by influencing the government and society. In the United States, the “Environmental Groups” is more likely to depend on demonstrations especially to bring awareness to the people about their concerns.</span>

3 0

3 years ago

Review the steps in the accounting cycle and answer the following questions:

GenaCL600 [577]

Accounting cycle has various steps to discuss, which are listed below,

Explanation:

The first step in accounting cycle is to analyze and have a record of transactions.

Post closing trial balance is an optional step in the accounting cycle.

Journalizing and posting the closing entries are the steps required to complete throughout the accounting period.

Adjustments of accounts, preparing the financial statements and closing accounts are completed at the end of accounting cycle period.

The last step in the accounting cycle is to post closing trial balance.

4 0

4 years ago