All categories

2 years ago

How does the us economy differ from pure capitalism.

Business

2 answers:

Pepsi [2]2 years ago

6 0

The US government provides assistance to people in need, and competition is not the main emphasis.

if this isnt the best answer, you can always look it up.

bezimeni [28]2 years ago

4 0

Since capitalism is when the people decide and make all the choices, the U.S. economy can’t be purely capitalist because the government has a lot of power as well as the citizens.

You might be interested in

Exercise 15-2 On January 1, 2017, Klosterman Company issued $420,000, 12%, 10-year bonds at face value. Interest is payable annu

Maslowich

Answer:

The journal entry to record the bond issuance is shown below:

Explanation:

The journal entry to record the bond issuance is as:

Cash A/c.............................................Dr $420,000

Bonds Payable A/c......................Cr $420,000

Being the bonds issued

As the bonds are issued by the company so cash is coming into the business, which is an asset and any increase in asset is debited. Therefore, the cash account is debited. And cash is received against the bonds payable, so the account of bonds payable is credited.

6 0

3 years ago

You are going to deposit $24,500 today. You will earn an annual rate of 5.5 percent for 8 years, and then earn an annual rate of

NeTakaya

Answer:

Future value at the end of 19 years =$63,637.94

Explanation:

<em>The Future value (FV) of an investment is the total amount (principal plus interest) that will accumulate in the future where interest is paid and compounded at a particular rate per period for a certain number of periods.</em>

This can be done using the formula below

FV = PV × (1+r)^(n)

FV- Future Value

PV- amount invested, n- number of years, r - interest rate

The amount due after 19 years would be determined in two steps

Step 1: FV of 24,500 at 5.5% for 8 years

FV = 24,500× (1+0.055)^8 =37,599.819

Step 2 : FV of 37599.81962 invested for 11 years at 4.9% p.a

FV = ? P=37,599.81, n- 11, r- 4.9%

FV = 37,599.81 × (1.049)^11= 63,637.94

Future value at the end of 19 years =$63,637.94

7 0

3 years ago

In the graph below, a shift from point A to point B represents which of the following?

sveta [45]

The answer would be a. a decrease in demand

3 0

3 years ago

Help please!!!!! Identify and explain 2 ways in which the country became more democratic in the 1820s

egoroff_w [7]

Spoils system and nominating conventions

The spoils systems is when a particular party wins the election, that party gives the civil service government jobs to people of their same party. Nominating conventions are big events for the party where people come together and delegates vote to nominate a particular person to be a candidate.

8 0

3 years ago

Elston Company compiled the following information as of December 31, 2014:Service Revenue $700,000Common Stock $150,000Equipment

Elden [556K]

Answer:

The Elston's stockholders' equity on December 31, 2014 is $550,000

Explanation:

For computing the stockholder equity, first, we have to find out the ending retained earning balance which equals to

= Beginning retained earning balance + Net income - dividend paid

= $375,000 + $75,000 - $50,000

= $400,000

where,

Net income = Service revenue - operating expenses

= $700,000 - $625,000

= $75,000

Now the stockholder equity equals to

= Common stock + ending balance of retained earning

= $150,000 + $400,000

= $550,000

6 0

3 years ago