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vitfil [10]
2 years ago
6

Which of the following describes Hoover's philosophical approach to stimulating the economy?

Business
2 answers:
zavuch27 [327]2 years ago
5 0

I believe the answer is:B. Top-down approach: give money and loans to businesses so they can create jobs.

Hoover believe that providing the businesses with financial incentive would give more room at their disposal to create jobs. In the long run, this would reduce the amount of unemployment and increase citizen's average disposable income. The situation also tend to attract many investments from foreign countries.

yanalaym [24]2 years ago
3 0
From all those aforementioned, the one that describes Hoover's philosophical approach to stimulating the economy is: <span>Top-down - give money and loans to businesses so they can create jobs.</span> The answer to your question is B. I hope that this is the answer that you were looking for and it has helped you.
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__________________ are ways that a nation can draw up regulations, inspections, and paperwork to make it more costly or difficul
Diano4ka-milaya [45]

Answer: Nontariff barriers

Explanation:

Nontariff barriers are trade barriers that are used whereby the import and export of goods and services are restricted. It should be noted that the restriction is not by tariffs but can include include embargoeds, quotas, sanctions, and levies.

The main reason for trade barriers are to generate revenue for the government and also to protect the local industries.

8 0
2 years ago
What makes financial professions popular in Nepal?​
Elena-2011 [213]

if im not mistaking it's cause Nepal is rich in resources even if it's economically poor, the resources there are outstanding.

5 0
2 years ago
A company has an ending accounts receivable balance of $900,000 and estimates that uncollectible accounts will be 2% of its acco
Juliette [100K]

Answer:

$20,000

Explanation:

Allowance for uncollectible accounts will be 2% of its accounts receivable = 2% * 900,000 = $18,000

the balance of the Allowance for Doubtful Accounts after year-end = a credit balance of $2,000 + allowance for  uncollectible accounts in year of $18,000

= $20,000

5 0
2 years ago
Interior Airline is expected to pay a dividend of $3 in the upcoming year. Dividends are expected to grow at the rate of 10% per
Oksanka [162]

Answer:

$10

Explanation:

Interior airline is expected to make a dividend payment of $3

The growth rate of the dividend is 10%

The risk free rate of the return is 4%

The expected return on the market portfolio is 13%

The stock beta of interior airline is 4

The first step is to calculate the cost of equity

r= 4% + 4(13%-4%)

r= 4% + 4(9)

r= 4% + 36

r= 40%

Therefore, the value of the stock using the constant growth DMM can be calculated as follows

Value of the stock= 3/(40/100-10/100)

= 3/(0.4-0.1)

= 3/0.3

= $10

Hence the value of the stock is $10

4 0
2 years ago
Suppose Hoosiers, a specialty clothing store, rents space at a local mall for one year, paying $22,800 ($1,900/month) in advance
Tems11 [23]

Answer:

1.

                                                        Debit                       Credit

Prepaid Rent                                   $22,800

Cash                                                                                 $22,800              

2.

                                                                  Debit             Credit

Rent expense(22,800*3/12)                    $5,700

Prepaid Rent                                                                   $5,700            

3.

Prepaid rent=22,800-5,700=$17,100

Rent expense=$5,700

Explanation:

1.

On October 1, , the following journal entry will be recorded in respect of the advance rent paid by the Hoosiers for one year of rent space at local mall:

                                                        Debit                       Credit

Prepaid Rent                                   $22,800

Cash                                                                                 $22,800              

2.

The year end given in this question is December 31 and the prepaid rent is  paid for one year and since the rent is paid on October 1,  therefore, only expense in respect of 3 months i.e. from October to the December  will be recognised in this year in respect of rent expense. Remaining expense of nine months will be recognised in the next year.

The following adjusting Journal entry will be recorded in respect of rent expense in accounts on December 31.

                                                                  Debit             Credit

Rent expense(22,800*3/12)                    $5,700

Prepaid Rent                                                                   $5,700            

3. The year end adjusting balance of prepaid rent and rent expense will be calculated as

Prepaid rent=22,800-5,700=$17,100

Rent expense=$5,700

4 0
2 years ago
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