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Volgvan
2 years ago
8

The New Deal sought to help the United States out of the Great Depression by providing relief to people in need, by creating pro

grams to help the nation recover from economic ruin, and provide a frame work to reform the system to try to prevent another economic depression. Determine which of these goals each program had in mind. ITEM BANK: Move to Bottom Agricultural Adjustment ActCivilian Conservation CorpsFederal Deposit Insurance CorporationNational Labor Relations ActNational Recovery ActPublic Works AdministrationSecurities and Exchange CommissionSocial SecurityWorks Progress Administration.
Business
1 answer:
Alinara [238K]2 years ago
8 0

Answer:

  1. <u>CCC & WPA</u>:  The Civilian Conservation Corps (CCC) and the Works Progress Administration (WPA) was set up to  provide employment to the americans   and to  "stimulate" the economic growth after the era of graet depression. The WPA and CCC  started many public projects like road building , schools, airports, hospitals, parks, dams.
  2. <u>Social Security Act</u>: This law  was enacted to provide Financial aids to unemployed people,senior citizens,disable people and dependent mothers with children's.
  3. <u>Agricultural Adjustment Act:</u> This act was introduced to control the fall in agricultural prices .
  4. <u>The National Industrial Recovery Act:</u> As per the act various laws pertaining to the industrial code of conduct was established.This act also limited the production of certain consumer good in order to drive up the prices.
  5. <u>TFDIC & Bank Reform: </u>To resolve the banking Crisis the banking reform acts was passed .FDIC was created to restore the faith of the Americans in the banking system.
  6. <u>SEC- Stock Market Reform:</u> The SEC (Securities and Exchange Commission) was developed to regulate Wall Street and the stock market exchanges. The agency kept a check on the  fraud and the fradulant practices  in the stock markets by banks and corporations

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Widgeon Co. manufactures three products: Bales, Tales, and Wales. The selling prices are $55, $78, and $32, respectively. The va
klemol [59]

Answer:

Contribution = $35 X 2,00 = $7,000

But it has no warrant of demand therefore this additional contribution can only be realized on sale of 2,00 units.

Explanation:

Provided

Products                           Bales         Tales            Wales

Selling Price                      $55             $78               $32

Less: Variable Cost           $20             $50               $15

Contribution per unit =      $35             $28               $17

Hours per unit required       5                  7                   1

Contribution per hour        $35/5        $28/7             $17/1

                                              $7             $4                   $17

Second highest contribution margin per hour is of Bales, first is of Wales. We need to produce and sale the product with second highest margin per hour that is Bales, but since the first 1,000 units were used to produce goods with highest contribution margin per unit, and provided here is no warrant of its demand, it shall not be produced any further.

Now Wales shall be produced as it has highest contribution margin per hour.

Units produced within 1,000 hours of Wales = 1,000/1 hours = 1,000 units.

Contribution = 1,000 units of Wales X $17 = $17,000.

But it is asked - maximum additional contribution margin that can be realized by utilizing the remaining 1,000 hours on the product with the second highest contribution margin per hour is of Bales in that case

No of units = 1,000/5 = 2,00 units

Contribution = $35 X 2,00 = $7,000

But it has no warrant of demand therefore this additional contribution can only be realized on sale of 2,00 units.

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2 years ago
Julie wants to open a bank account with $75. julie estimates that she will write 20 checks per month and use her atm card at the
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Answer:

Richard should have use <u>b</u><u>r</u><u>e</u><u>v</u><u>i</u><u>t</u><u>y</u> and <u>p</u><u>e</u><u>r</u><u>c</u><u>i</u><u>s</u><u>i</u><u>o</u><u>n</u><u> </u>in his ad to make it better.

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2 years ago
Andrew and Emma Garfield invested $7,900 in a savings account paying 4% annual interest when their daughter, Angela, was born. T
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Answer:

$44,440.96

Explanation:

We must find the future value of the initial $7,900 deposit and the annuity (17 deposits of $1,200 each)

  • future value of the initial deposit = present value x (1 + interest rate)ⁿ = $7,900 x 1.04¹⁸ = $16,003.95
  • future value of the annuity = Payment x ([1 + interest rate]ⁿ - 1) / interest rate = $1,200 x (1.04¹⁷ - 1) / 0.04 = $28,437.01

total amount on Angela's savings account = $16,003.95 + $28,437.01 = $44,440.96

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