the legislature adopted and the governor approved a budget. estimated traffic fine revenues were $1,500,000. appropriations were for parks and recreation program salaries of $1,300,000 and for parks and recreation program supplies of $180,000.
Answers
Estimated revenues-traffic fines A/c Dr. $1,500,000
To Appropriations - Park and recreation salaries A/c $1,300,000
To Appropriations - Park and recreation supplies A/c $180000
Bank A/c Dr. $1,520,000
To Traffic Fine Revenues A/c $1,520,000
Being Traffic Fine received during the year
Salary Expense A/c Dr. $1,250,000
To Bank A/c $1,250,000
Being Salary paid during the year
Salary Expense A/c Dr. $30,000
To Salary Payable A/c $ 30,000
Being salary due for the last week of December
Purchases A/c Dr. $170,000
To Sundry Creditors A/c $170,000
Being amount due for the purchases
Sundry Creditors A/c Dr. $170,000
To Bank A/c $170,000
Being amount paid for purchases made from creditors.
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Related Questions
The producer that requires a smaller quantity of inputs to produce a certain amount of a good, relative to the quantities of inputs required by other producers to produce the same amount of that good,.
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A producer who needs fewer resources to produce a given quantity of good compared to the number of resources needed by other producers to produce the same quantity has an absolute advantage in producing that good.
Producers present story ideas, hire writers, or select and secure script rights. This is called a script "selection". They determine the scope and budget of the film and the sources of funding for investors, studios and distributors.
Producers - all kinds of green plants. Green plants get their food by receiving sunlight and using energy to produce sugar. Plants use this sugar, also known as glucose, to make many things, such as trees, leaves, roots, and bark. Trees such as the giant oak and the majestic American beech are examples of producers. To successfully manage creative projects, creators need at least a bachelor's degree in a related field. Producers usually have advanced degrees in film or acting. A journalism or communication degree is relevant to production as well as business degrees.
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A board of directors is elected as a representative of the corporation's: _________
a. top management.
b. stakeholders.
c. shareholders.
d. customers.
Answers
A board of directors is elected as a representative of the corporation's shareholders. Thus, option (c) is correct.
What is corporation?
The term corporation refers to authorized they to act as a single entity run and recognized to the law. The corporation as the doing the social responsibility.
The shareholders are the representative of the board of directors as the corporation's. The shareholder's right to vote and the higher risk of the shares in the corporation.
As a result, the board of directors is elected as a representative of the corporation's shareholders. Therefore, option (c) is correct.
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The writer of a business message gives the impression that she conducted an analysis but does not mention another team member completed the analysis. the writer is:_________
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The writer of a business message gives the impression that she conducted an analysis but does not mention another team member who completed the analysis. the writer is taking credit for the work of others
This is further explained below.
What is a business message?Generally, The process through which brands begin and react to communications with clients via a variety of messaging platforms is known as business messaging.
It gives people the ability to contact companies, and it gives brands the ability to contact customers.
The channels enable back-and-forth, two-way discussions rather than communications blasts like commercials or mass email sends.
a person who writes works such as novels, articles, essays, etc., particularly as their employment or job;
In conclusion, The author of business communication creates the idea that she did an analysis, but she fails to name another member of the team who really finished the study. This author is attempting to take credit for the work done by others.
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assume that kubin company produced 17,000 units and expects to sell 16,740 of them. if a new customer unexpectedly emerges and expresses interest in buying the 260 extra units that have been produced by the company and that would otherwise remain unsold, what incremental selling and administrative cost per unit is incurred to sell these units to the customer?
Answers
Incremental cost: This is the cost which is added or incurred by producing an additional unit product or providing extra service.
The incremental selling and administrative cost/unit incurred to sell extra units to the customers is 0. This is because 260 extra units were already produced and was supposed to be remain unsold as out of 17000 units only 16740 units were expected to be sold.. But the customer unexpectedly came and demanded 260 units which otherwise would have been unsold.
What does Incremental cost mean?
Incremental cost is the total cost of producing additional units of the product. Incremental costs are calculated by adding additional costs associated with the production process, such as: B. Raw materials are analyzed for additional production units.
How is the Incremental cost calculated?
To determine the Incremental cost, calculate the difference between the cost of producing one unit and the cost of producing two units. Take the total cost to build 2 units ($180.00) and subtract the cost to build 1 unit ($100.00) = $80.00. The remaining amount is the marginal cost.
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A student is attending the local technical college in a course of study that will take several months to two years of study. What level of education is he probably pursuing?.
Answers
The level of education he may be attending is an associate degree.
An associate degree is an academic program taken at the undergraduate level (first stage after high school). It aims to provide students with the basic technical and academic knowledge and transferable skills they need to pursue employment or further study in their chosen field.
Associate degrees are most often offered in the US, but you'll also find them in parts of Canada, Hong Kong, Australia and the Netherlands. Other countries have similar programs but with different names, such as foundation degrees in the UK.
In the US, associate degrees are available at many different types of colleges, including community colleges, junior colleges and technical colleges, university-affiliated colleges and university institutes. It usually takes two years full-time to complete an associate degree.
For some students, an associate degree provides preparation for a bachelor's degree, while for others it is a qualification in itself, helping to improve job prospects compared to just completing a secondary education.
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Management by ______ is a four-step process in which managers and employees jointly set objectives, develop action plans, review performance, and appraise and reward employees.
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Management by Objective is a four-step process in which managers and employees collaborate to define goals, create action plans, evaluate and reward people.
A strategic management approach known as "management by objectives" (MBO) tries to increase an organization's performance by establishing goals that are accepted by both management and personnel. The notion contends that giving employees a voice in goal-setting and action-planning fosters engagement and commitment among them and aligns organizational goals.
In order to compare actual performance and accomplishments with the set objectives, management by objectives (sometimes referred to as management by planning) entails the creation of a management information system (MIS). According to practitioners, the main advantages of MBO are that it fosters greater management-employee communication and increases employee commitment and motivation.
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there were many objectives for the founders of the ibew. first on their list was to organize all workers in the entire electrical industry in the united states and canada, including all those in public utilities and electrical manufacturing, into local unions.
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There were many objectives for the founders of the below. first on their list was to organize all workers in the entire electrical industry in the united states and Canada, including all those in public utilities and electrical manufacturing, into local unions. True
Electronic Manufacturing Services () is the term used for companies that provide design, manufacturing, testing, distribution, and return/repair services for electronic components and assemblies for original equipment manufacturers.
Electrical Manufacturing manufactures power, distribution and special transformers, electric motors, generators and motor-generator sets, switchgear and control panels, relays and industrial controls.
The Electronics and Electrical Equipment Industry segment consists primarily of companies that manufacture electronic consumables and equipment (wires, transistors, insulators, electric motors, batteries, etc.). This sector does not include computer hardware or consumer electronics manufacturers.
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There were many objectives for the founders of the IBEW. First on their list was to organize all workers in the entire electrical industry in the United States and Canada, including all those in public utilities and electrical manufacturing, into local unions. True
The International Brotherhood of Electrical Workers IBEW is a union representing approximately 775,000 electrical workers and retirees in the United States, Canada, Guam and Panama.
What is the income of IBEW Local 11?
The average salary of IBEW Local 11 ranges from about $74,029 a year for a tradesman electrician to about $74,029 a year for a tradesman electrician. Average IBEW local wages of 11 hours per hour range from about $35 an hour for a craftsman electrician to $35 an hour for a craftsman electrician.
How many local IBEWs are there?
IBEW represents approximately 775,000 active and retired members working in a variety of sectors including utilities, construction, telecommunications, broadcasting, manufacturing, railroads and government.
OLDEST IBEW LOCAL?
On December 20, 1899, Local Union 93 in Ottawa, Ontario became his first IBEW Local Union in Canada.
What is the IBEW Pension Fund?
Established the IBEW Pension Benefit Fund (PBF) to provide previously unattainable pension benefits.
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You pick up a box of cheerios cereal in the supermarket. the label tells you that a 1-cup serving provides 25 percent of the ______ for iron.
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You pick up a box of cheerios cereal in the supermarket. the label tells you that a 1-cup serving provides 25 percent of the Daily Value for iron.
Iron is an important component of hemoglobin, a type of protein found in red blood cells that carries oxygen from the lungs to all parts of the body. If you don't have enough iron, you won't have enough red blood cells to carry oxygen, and you'll get tired easily. Low iron levels are a common problem for blood donors, so you may be wondering if eggs are a good source of iron to help you. An excellent source of important vitamins. Fruits such as apples, bananas, and pomegranates are rich in iron and should be consumed daily for those with anemia to get pink cheeks and stay healthy. Mulberries and black currants are also rich in iron. is.
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Jared lives in a country in which the government owns and operates the postal service, utilities, transportation, and health care systems. while individuals and small businesses provide other goods and services, jared and the rest of the citizens are dependent on the government for many goods and services that are essential to their daily lives. jared lives in a ________ country.
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Jared lives in a socialist country.Jared lives in a country in which the government owns and operates the postal service, utilities, transportation, and health care systems. while individuals and small businesses provide other goods and services, jared and the rest of the citizens are dependent on the government for many goods and services that are essential to their daily lives.
What is socialism?Socialism, social and economic doctrine that calls for public rather than private ownership or control of property and natural resources. According to the socialist view, individuals do not live or work in isolation but live in cooperation with one another. Furthermore, everything that people produce is in some sense a social product, and everyone who contributes to the production of a good is entitled to a share in it. Society as a whole, therefore, should own or at least control property for the benefit of all its members.To more about socialism, refer: https://brainly.com/question/28218484?referrer=searchResults
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to enter transactions on the right side of a t-account means you will (debit/credit) the account and will cause a(n) (decrease/increase) in a liability account.
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Entering transactions on the left side of the T account will debit the account and increase the active account.
T Account is an informal term for a set of financial records using double-entry bookkeeping. It is called a T account because the accounts are arranged in a T shape. The account title appears just above the T.
The main difference between T-Accounts and General Ledger Accounts is that T-Accounts are graphical representations of General Ledger Accounts whereas General Ledger Accounts are a set of financial accounts. A ledger can therefore also be interpreted as a collection of T accounts.
Each T account has debits on the left and credits on the right. You can use debits and credits to increase or decrease your account balance. The T account is commonly used to create chargebacks. The matching principle of accrual accounting dictates that all expenses must match the income generated during the period. The T account guides the accountant as to what to enter in the ledger to obtain a reconciling balance so that income matches expenses.
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Productivity refers to the degree to which an organization can achieve its ends at a low cost.
true/ false
Answers
Answer: False
Explanation: Productivity refers to the combination of the effectiveness and efficiency of an organization, while the degree to which an organization can achieve its ends at a low cost is known as efficiency.
Henry is up for retirement after 35 long years at his pharmacy. before retiring, he would like to know how much he would receive each month from social security if he were to retire. during his 35 years, henry averaged an annual salary of $45,620. assuming he would recieve 42% of his annual average each year, how much can henry expect to receive from social security on a monthly basis? a. $1,596.70 b. $1,916.04 c. $15,967.00 d. $19,160.40
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Henry is up for retirement after 35 long years at his pharmacy. Before retiring, he would like to know how much he would receive each month from social security if he were to retire. During his 35 years, henry averaged an annual salary of $45,620. Assuming he would receive 42% of his annual average each year, henry expect to receive from social security is $1596.70 monthly.
Retirement is withdrawal from a job, position, or active professional life. You can also reduce your working hours and workload and retire. Many people retire due to old age or are unable to work due to health reasons.
What are the three types of retirement?
Three different types of retirement have emerged as a result of these trends. And each requires a different retirement planning strategy. Here, we discuss traditional retirement, semi-retirement, and temporary retirement, and how you can navigate your chosen path.
At what age can early retirement be allowed?
A worker can retire at the age of 62, but this can save up to 30%. Starting your benefits after normal retirement age may result in higher benefits. Deferred pension credits allow you to receive maximum benefits when you retire at age 70.
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Answer:
A. 1,596.70
hope this helps someone <3
a portion of loan payments goes toward covering the interest due on the loan, while the rest reduces the loan’s balance. early in a loan’s life, its balance is high and a substantial portion goes toward interest, but over time the balance declines, as does the portion paid toward interest. an amortization schedule illustrates how interest is covered and principal repaid by loan payments over time. you have secured an 8%, $500,000 bank loan to be paid off in seven equal end-of-year annual payments. what is the required loan payment? loan payment
Answers
When you have secured an 8% interest, $500,000 bank loan to be paid off in seven equal end-of-year annual payments. $ 3333.3 per month loan payment is required.
What is amortization?Spreading payments out across several time periods is referred to as amortization in business. The two distinct processes of asset and debt amortization are referred to by the same name. In the latter instance, it alludes to spreading out the expense of an intangible asset across time.There are various amortization techniques, such as declining balance, annuity, bullet, balloon, and negative amortization.Calcaulation of loan payment:loan payment = interest rate x loan amount/ duration
= 8% x $500,000/ 12
= $ 3333.3
Hence, $ 3333.3 per month loan payment is required.
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Does Ireland have an absolute or comparative trade advantage
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I would say it would be a comparative trade advantage.
----------------------------------------
Ireland has a comparative advantage in cheese and butter due to climate and a large amount of land suitable for dairy cows.
Ireland has an established comparative advantage in producing grass-based milk and meat which provides cost and food efficacy advantages at a global level.
----------------------------------------
Hope this helps!
Have a great day and God bless! :)
Answer:
comparative advantage
Explanation:
i looked it up
The adjustment for supplies used during the period will result in a debit to the ______ account and a credit to the ______ account.
Answers
The adjustment for supplies used during the period will result in a debit to the supplies expense account and a credit to the supplies account.
What do you understand by supplies expense?
The cost of office supplies in inventory at the end of the accounting period should match the balance in a current asset account, such as inventory or supplies. The cost of office supplies consumed during the accounting period should be posted on the income statement to the Consumables Expense account. When purchasing consumables, the amount will be debited to Supplies. At the end of the accounting period, the balance in the Inventory account will be adjusted to the amount in the cash register and the amount of the adjustment item will be posted to Inventory Expense. (If the amount of inventory on hand is insignificant, the company can simply deduct the cost of consumables when purchasing the inventory.)To learn more about adjusting entries, refer to:
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the two ways that a corporation can be classified by purpose are a. general and limited. b. profit and not-for-profit. c. state and federal. d. publicly held and privately held
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The two ways that a corporation can be classified by purpose are profit and non-profit corporations.
The profit corporations are the corporations that earn profits from their business and pay taxes to the government according to their profits. While the non-profit corporations are the corporations that do earn profit but do not pay tax as they profit collected are reused for the welfare of the society for various people in need.
The main income is for the profit organization are the profits earn from the sales while for the non-profit organization the source of income is the donations made by people and government.
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The _____ is the percentage of people in the labor force over age 16 who do not have jobs and are actively seeking work.
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The unemployment rate is the percentage of people in the labor force over age 16 who do not have jobs and are actively seeking work.
The percentage of the labor force without a job is known as the unemployment rate. It is a lagging indicator, which means that rather than foretelling changes in economic conditions, it typically rises or falls in response to them. The unemployment rate is likely to increase when the economy is struggling and there are few open positions. It is reasonable to anticipate a decline in it when the economy is expanding healthily and there are plenty of available jobs. The country's unemployment rate plays a significant role in determining monetary policy and making strategic economic decisions when determining the state of an economy.
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round to the nearest thousand . 7665
Answers
Answer:
8,000
Explanation:
Hope it helped!
Answer:
8000
Explanation: add 1 when you see 6-10 in rounding off questions.
on mar 3, lyons company received $100 cash in advance of providing catering services to a customer. use your knowledge of what a correct journal entry should look like to identify what would be included in the correct journal entry multiple select question.
Answers
The following information would be included in the correct journal entry:
Debits for cash would be made and listed first.Unearned Revenue would be stated second and given credit.What is journal entry?Keeping or recording any transactions, whether they are financial or not, in a journal is known as keeping a journal entry. A company's debit and credit balances are displayed along with a listing of transactions in an accounting journal. Each recording in the journal entry can be a debit or a credit, and the entry itself may have many recordings.The purchase of machinery by a nation, which will result in a debit to the machinery account and a credit to the cash account, is an example of a journal entry.Compound, modifying, and reversing journal entries are the three basic categories.It may list impacted subsidiaries, tax information, and other information depending on the company.Learn more about journal entry here:
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Of the over $550 million dollars lent to low-income individuals or to those who do not have access to typical banking services, what was the approximate average size of a loan made by the kiva microfinance services organization?.
Answers
Out of the more than $550 million that the kiva microfinance services organization gave to low-income persons or to those without access to traditional banking services, the average loan size was roughly $416.62.
Microfinance is the umbrella term for the variety of financial products that microfinance institutions (MFIs) provide to their clients, including microloans, microfinance, and microinsurance products. When social entrepreneurs started offering sizeable loans to the working poor in the 1970s, microfinance was born.
One person whose efforts to microfinance have made him well-known on a global scale is Professor Muhammad Yunus, who shared the 2006 Nobel Peace Prize with Grameen Bank. Yunas and Grameen Bank have shown that those in poverty are capable of doing so. Yunus also showed that, when correctly designed, loans given to the working poor had relatively good repayment rates. Profit-driven businessmen and social engineers were drawn to his work.
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jackson, age 35, and peggy, age 34, are married and file a joint income tax return for 2021. their salaries for the year total $85,400 and they have dividend income of $4,000. they have no deductions for adjusted gross income. their itemized deductions are $25,200. jackson and peggy do not have any dependents.
Answers
Total taxable income is $64,200
What is the amount of their taxable income ?As per the question their salary was $85,400 and dividend is $4,000.
So Total income from salary and other income is $85,400+ $4,000 = $89,400
So their adjusted gross income is $89,400
Deduction for personal exception $25,200 as per given in the question its is depend up on asper the law prescribed.
Taxable income is $89,400 - $25,200 = $64,200
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A friend says, "eh, i’ll just open an account at my parents’ bank, and i’ll switch later if i don’t like it. " does this sound like a good strategy to you? why or why not?.
Answers
They want to test it out in their parents' bank account first, and if they enjoy it, they'll establish one on their own, therefore I believe the answer is yes. (Amani) I think you should begin with your own account so that there are no issues with it.
Yes, as you can't know how well the bank will work unless you give it a try.
I believe that youngsters may simply ask their parents about the bank's reputation, the fees they charge, and the benefits and drawbacks of having a bank account. If a buddy suggests it, I believe it to be a wise course of action because you can always cancel if you don't like anything.
I believe it is a bad idea since often changing banks is terrible. You never know what can happen, but your information is not protected and might be everywhere.
Yes, since you have alternatives. If you don't like the bank and what it offers, you can always hunt for another bank that would be advantageous to you. Yes, since it relies on the sort of person your parents are in terms of safety, and it just takes a little bit of wildness to find a good bank in terms of safety the bank still needs to find the right bank and still needs to search you know the money is safe in the parent's bank. [magali].
Yes, since you can experience the contrary and learn how a bank account works and how your money is shielded from theft and costs. -Yaseen
Yes, because you can learn how to increase your account balance and keep track of your spending, says Amir.
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Determine how the equilibrium price and equilibrium quantity in the market for coffee changes if the price of tea, a substitute for coffee, decreases, and due to better weather, the price of coffee beans also decreases.
Answers
If coffee's price drops, the demand curve for tea would move to the left.
Therefore, new equilibrium would signify a decrease in both equilibrium quantity and equilibrium price.
Tea and coffee are interchangeable products. Let's say that coffee's price goes up. This will result in a rightward change in the demand curve for tea. The initial equilibrium, or E, is when the supply and demand axes cross. The equilibrium quantity of tea is OQ, while the equilibrium price is OP. The demand curve for tea moves forward as coffee prices rise.
As a result, equilibrium quantity increases from OQ to OQ1 and equilibrium price (of tea) climbs from OP to OP1.
If coffee's price drops, the demand curve for tea would move to the left.
Therefore, new equilibrium would signify a decrease in both equilibrium quantity and equilibrium price.
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The heavy volume of digital messages received on a daily basis makes it necessary for business professionals to perform the delicate task of balancing the?.
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The heavy volume of digital messages received on a daily basis makes it necessary for business professionals to perform the delicate task of balancing the need to respond to others with their own need to focus on work.
As a starting step, one needs to identify your primary workplace interruptions. Others can be the types of distractions you are most prone to, while some of them might be related to your line of work. Phone calls, email notifications, messages, applications, app notifications, managers, in-person and virtual meetings, and daily news websites are just a few examples of distractions. To reduce distractions in the business and maintain attention one needs to identify the primary workplace interruptions.
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Of the over $550 million dollars lent to low-income individuals or to those who do not have access to typical banking services, what was the approximate average size of a loan made by the kiva microfinance services organization?.
Answers
The approximate average size of a loan made by the kiva microfinance services company was $416.62 out of the more than $550 million dollars provided to low-income people or to those who lack access to conventional banking services.
The range of financial products that microfinance institutions (MFIs) offer to their clients, including microloans, microfinance, and microinsurance products, is referred to as "microfinance." Microfinance was created in the 1970s when social entrepreneurs began providing substantial loans to the working poor.
One individual whose contributions to microfinance have made him well-known on a worldwide basis is Professor Muhammad Yunus, who shared the 2006 Nobel Peace Prize alongside Grameen Bank. Yunas and Grameen Bank have demonstrated that the poor are capable of escaping poverty. Additionally, Yunus demonstrated that loans provided to the working poor had relatively high payback rates when structured properly. His work attracted both profit-seeking capitalists and social engineers.
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To help children resolve the crisis of autonomy versus shame and doubt, parents should?
Answers
To help children resolve the crisis of autonomy versus shame and doubt, parents should strike a balance between control and freedom.
What happens in autonomy versus shame and doubt?Autonomy versus shame and doubt is a stage in the development of children according to Erik Erikson.
The age that a child will often pass through this stage is when they are aged between 18 month to 4 years.
Erik Erikson advices that if we are to help children through the crisis autonomy versus shame and doubt, parents should help the child with their self control.
They can do this by letting the child explore for themselves but balancing this with controlling other actions the children get involved in.
Options for this question include:
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ree - baotou, china. the region around baotou, china currently provides more than 90% of the world’s supply of rees despite china having less than 40% of the world’s proven reserves (reflecting, in part, regulation regarding environmental issues pertaining to the refining process). the problem 1 placemark shows a large artificial lake created to hold the slurry of liquid and solid waste products from the refining process (including radioactive thorium and uranium). use the polygon tab on the ruler tool to measure the area (acres) of the tailings pile and lake (i.e., trace the boundary highlighted by the problem 1 placemark).
Answers
The area of the tailings pile and lake is about - 2000 acres.
The artificial lake is distributed around a large area of around 8 km2 and accumulates wastes from all the industrial sectors in that area. So, the areal extent of the lake is around 2000 acres
what are the environmental issues pertaining to the refining process this region?The environmental issues that may include lake may be a warehouse of one of the most poisonous compounds within the soil. It contains heavy metals as well as radioactive wastes. These heavy metals and radioactive metals are retained in the groundwater in a better amount reflecting their huge concentrations and these heavy metals as well as radioactive squanders are carcinogenic that influence plant development, inducing disease in plants and creatures.
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firms should emphasize the importance of consistently good customer service to its employees so that good customer service becomes part of the blank .
Answers
Firms should emphasize the importance of consistently good customer service to its employees in order that good customer service becomes a part of the organizational culture.
Organizational culture is that the collection of values, expectations, and practices that guide and inform the actions of all team members. consider it because the collection of traits that make your company what it's. a good culture exemplifies positive traits that result in improved performance, while a dysfunctional company culture brings out qualities that may hinder even the foremost successful organizations. Organizational culture affects all aspects of your business, from punctuality and tone to contract terms and employee benefits. When workplace culture aligns together with your employees, they’re more likely to feel softer, supported, and valued. Companies that prioritize culture may also weather difficult times and changes within the business environment and are available out stronger.
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A convertible bond has a conversion price of $50 and is currently selling in the market at $1,100. the conversion ratio is?
Answers
Answer A convertible bond's conversion ratio is 20, which is calculated by dividing the bond's par value ($1,000) by the conversion price ($50).
What Is the Ratio of Conversion?
The conversion ratio is the proportion of common shares issued upon conversion of each convertible security. The ratio increases when more common shares are exchanged for each convertible security. The convertible security's relative price is affected by the conversion ratio, which is decided at the time the security is issued. The ratio is computed by dividing the par value of the convertible security by the cost of converting equity.
Par value of convertible bonds divided by conversion price of equity is the conversion ratio.
How does conversion factor work?
An amount that is multiplied or divided between one set of units and another is known as a conversion factor. If a conversion is required, it must be performed with the appropriate conversion factor to yield an equivalent value. For instance, when translating between inches and feet, 12 inches equals one foot.
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Full Question - A convertible bond has a conversion price of $50 and is currently selling in the market at $1,100. The conversion ratio is:
A20
B50
C55
D22
to encourage consumers to buy more energy-efficient appliances, the government offers cash rebates to consumers who purchase products that have received energy star certification. this is an example of which type of government intervention?
Answers
To encourage consumers to buy more energy-efficient appliances, the government is offering cash refunds to consumers who purchase Energy Star-certified products. This is an example of government intervention in the form of subsidies to buyers.
So-called governmental intervention means that governments professing to be regulators or market regulators deeply intervene in trading disputes between market participants and use public and private sectors to resolve trading disputes in the course of market leadership. Indicates when resources must be mobilized. Taxes, subsidies, price controls, regulations, minimum wage laws, and government bailouts are examples of different types of government intervention in the economy.
Governments can intervene to provide basic safety nets such as unemployment benefits and minimum income for the sick and disabled. This will increase the country's net worth and help individuals escape the worst of poverty. This national intervention can also prevent social unrest caused by extreme inequality.
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