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2 years ago

What are the characteristics of the best circular flow of income?

1 answer:

8 0

Answer: The circular flow of income represents money moving through the economy. Circular flow of income can be seen in a situation where households purchase goods and services from firms by using the income they earned from firms by working for them.

Explanation:

Characteristics of circular flow of income are :-

It helps in studying or analysing the problems of disequilibrium.

It helps us in analysing the effects of leakages and inflows/injections hence helps in Taking appropriate policy measure for health of the economy .

Circular flow of income creates a networks of markets .

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How much do alcohol related crashes cost Florida every year

maksim [4K]

Explanation:

Total more than $44 million

hope it is helpful to you

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2 years ago

Read 2 more answers

ACME Confetti Corporation needs to finance $20 million for a plant expansion building project. They've decided to issue common s

Law Incorporation [45]

Answer:

Option (C) is correct.

Explanation:

The required proceeds:

= Amount need to be finance ÷ (1 - 7%)

= $20 million ÷ (1 - 0.07)

= $215,05,376.34 (approx)

Hence, the number of shares needed to be issued:

= required proceeds ÷ Issue price per share

= $215,05,376.34 ÷ $50 per share

= 430,108 shares (approx)

Therefore, 430,108 shares they need to issue to cover the cost of the project plus all floatation costs.

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2 years ago

Paul and Karen Kent are married, and both are employed (Paul earned $44,000 and Karen earned $9,000 this year). Paul and Karen h

VashaNatasha [74]

Answer:

$760

Explanation:

The tax credit for child and dependent care expenses allows working taxpayers to discount up to 35% of care expenses. The exact percentage that you are allowed to deduct depends on your income:

if you earn up to $15,000, you can discount 35% of dependent care expenses of up to $3,000 per child.
the percentage decreases for every $2,000 of income (1% decrease per every $2,000), until your income reaches $43,000 where it remains at 20%.

The Kent's earned $53,000 during the year, so they can claim up to 20% of their children's care expenses = $3,800 x 20% = $760

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2 years ago

At the end of the year the production manager is taking inventory and finds 600 units of an older model of invisible fencing tha

KatRina [158]

Answer: $12

Explanation:

In selling the obsolete goods, the company will incur Variable Marketing costs and the alternative will be to throw the goods away.

The relevant costs they will incur are therefore the Variable Marketing costs alone.

The lowest amount that a company should accept for a good is the price that equals it's cost so that they may at least Break-Even.

Seeing as the Variable Marketing Costs are the only relevant cost then the lowest they should accept is the Variable Marketing Costs of $12.

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2 years ago

What is a federal reserve note in simple terms?

valina [46]

Federal reserve notes are the marks on money like the serial number, U.S emblems, and the signatures. They show that the money is an American Dollar.

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2 years ago