What are the 3 types of economic systems?

Answers

Answer 1

Answer:

command, market, and mixed

Explanation:

In a command economy, what goods and services are produced, how they are produced, and for whom they are produced are all questions answered by government planning. The government makes economic decisions for the good of society. In a pure command economy, all resources are owned by the government, so the government can direct them to produce what is best for society as a whole, rather than what might be in the interests of private individuals. So government owned the land, government owned the businesses, and government even told people what their occupations would be.

In a market economy, resources are owned by private individuals. The goods and services that are produced are not determined by the government. Rather, production is determined by businesses responding to the wants and desires of consumers. (This process occurs through the interaction of demand and supply, about which we will have much more to say starting next week.) Consumers determine what will be produced. (You might have heard the expression “consumer sovereignty,” which suggests that in a market economy, consumers are king.)

A mixed economy is a blend of market and command economies. In a mixed economy some parts or sectors of the economy are left to private ownership (market) while in other sectors there is substantial government ownership or government-directed production (command). In a mixed economy, government intervenes in those sectors where private ownership is believed to be not in the best interests of society as a whole. For example, in a mixed economy the government might control the production and distribution of health care (as in Great Britain and Sweden). Mixed economies are relatively common in Western Europe, in countries such as France, Sweden, and Italy.


Related Questions

how should this historical event be remembered

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By locating the date and adding it to the line appropriately, historical events may be remembered. Additionally, keep adding events in a logical order.

The simplest approach to remember historical events is to take photographs of them, put them to a booklet, and then write about them in a way that you find to be particularly nice and engaging, such as by adding dates or locations.

Having a better understanding of historical events might aid in recalling details such as when they occurred, what caused them, or how others felt at the time. This will make it more engaging and simple to recall.

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In which high schoolers try to solve global issues?

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In which high schoolers try to solve global issues“, from The New York Times Mini Crossword for you.

New York Times puzzle referred to as mini crossword is a brand-new on line crossword that everybody ought to as a minimum strive it for once! If you play it, you could feed your mind with phrases and revel in a cute puzzle. But, in case you don’t have time to reply the crosswords, you could use our solution clue for them! If you need a few different solution clues. New York instances newspaper’s internet site now consists of numerous video games containing Crossword, mini Crosswords, spelling bee, sudoku, etc., you could play a part of them without spending a time and to play the rest, you’ve to pay for subscribe. The New York Times crossword puzzle is a day by day puzzle posted in The New York Times newspaper.

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when a lockout is performed the key to the lock is

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When a lockout is performed the key to the lock is duplicate keys or a master key.

Lockout keys are a type of security measure used to limit access to certain areas. They are typically used to restrict access to areas that contain hazardous materials or dangerous equipment. Lockout keys are designed to be used with a variety of locks, including padlocks, combination locks, and keyed locks.

The keys are usually color-coded to indicate the type of lock they are intended to be used with. Lockout keys are often used in industrial settings, such as factories and warehouses, to ensure that only authorized personnel are able to access certain areas. They are also used in other settings, such as schools and hospitals, to ensure safety and security.

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in robert merton's terms, people who overzealously and cruelly enforce bureaucratic regulations can be classified as select one: a. ritualists. b. rebels. c. innovators. d. retreatists.

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In Robert Merton's terms, people who over zealously and cruelly enforce bureaucratic regulations can be classified as ritualists.

According to Robert Merton's theories, people who excessively and harshly enforce bureaucratic regulations can be categorized as ritualists. This means that these individuals are more focused on following the rules and regulations of the organization, rather than on the actual goals of the organization.

They are often seen as overly strict and rigid in their approach to the rules and regulations, and they may not take into account the human element of the situation. Ritualists are often seen as overly zealous in their enforcement of the rules, and this can lead to a lack of flexibility and creativity in the organization.

Hence, the correct option is "A".

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the belief that moral behavior varies among individuals, groups, and cultures and across situations

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The diverse common meanings, presumptions, morals, values, and traditions that make up people's cultures.

This phrase describes the way of life of a certain social group. It has to do with how people behave, pray, eat, and what language is used in the region. A people's culture may resemble that of other countries, but it will also be unique and have elements of those civilizations. We can infer that shared ideas, beliefs, morals, values, and rituals constitute a people's culture.

A varied group might result in immediate disputes since various opinions and views are presented. The team will ultimately be more innovative and open-minded when solving problems if the group's variety and the subsequent conflicts are well managed.

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Logical, methodical step-by-step procedures for solving problems are called
A) heuristics. B) fixations. C) prototypes. D) algorithms. D ) algorithms .

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Option a is Correct. Heuristics are logical, systematic, step-by-step methods for addressing issues.

Any method of problem solving, learning, or discovery known as a heuristic uses a practical methodology that isn't always ideal or flawless but nonetheless works to achieve the desired results right away. The accessibility Heuristic refers to our propensity to base future decisions on facts that come to mind fast and effortlessly.

Heuristics are cognitive short cuts that enable speedy and effective problem solving and judgment. These "rule of thumb" techniques speed up decision-making and enable people to carry out their tasks without constantly pausing to consider their next course of action. Heuristics are rapid methods for problem-solving that produce results that are sufficient to be useful under time limitations.

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Ethnic identity for descendents of European immigrants in the United States is primarily preserved through

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Ethnic identity is more likely to be preserved among the descendants of European immigrants via religion, cuisine, and other cultural practices than through place of residence.

Ethnicity Distribution in the United States:

The two most prevalent ethnic groups in the United States are African-Americans (about 13%) and Hispanics or Latinos (16%). Furthermore, around 5% are Asian-American, 1% are American Indian or Alaskan native, and 6% are other.

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How do students with a growth mindset see their mistakes?

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Students having a mindset of growth look upon their mistakes as a learning opportunity and they to modify their actions for a better personal growth. They do not consider those mistakes as something to be embarrassed about.

Mindset can be defined as the way of thinking and forming opinions of a person. Every individual has his own mindset that differs from every other person. People can have two types: fixed and growth.

Personal growth refers to the act of working constantly in order to improve one's actions, behavior and attitude. By improving it is considered as the improvement that tends to be in a positive direction.

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DIRECTIONS: (In the Text Box)
1. Using the diagram we created in class. List out the ways the Legislative Branch checks the Judicial and
Executive Branches. Then list out the ways the Legislative Branch is checked by the other branches.
2. Find a REAL-LIFE example of each check occurring. Link a news article that reported on it.
3. FOR EXAMPLE:
• The Executive Branch can check Judicial Branch by appointing new judges to the Supreme Court. (Here
is a link to the last time that happened: NPR Article »)
Do this for EACH check!

Answers

The three branches of government—legislative, executive, and judicial—were established by the Constitution. Following are some instances of how the various branches collaborate.

What does the term constitution mean?

The guidebook for a state is its constitution. In addition to describing the state's primary institutions, it also outlines their interrelationships 

The Constitution is made up of what?

Seven articles, the Preamble, and amendments make up the Constitution's three main sections. The U.S. Constitution's primary goal and the reasons for its necessity are explained in the Preamble, or introduction.

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the belief that there is a single correct moral standard that holds for everyone, everywhere, every time____

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The belief that there is a single correct moral standard that holds for everyone, everywhere, every time is called objectivism.

A moral standard refers to the a complete set of moral principles and values. There are three distinct views of morality, objectivism, relativism, and subjectivism. Objectivism states that there is only one moral standard that holds universally. It states that all the same moral principles hold for everyone, everywhere, every time, regardless of what they may happen to believe. Objectivism holds that being moral consists in being rationally selfish or egoistic. Objectivism applies to moral claims not and does not extend to other social and cultural differences.

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(T/F) Mixed economies can evolve when societies with different kinds of economies interact.

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It is false that mixed economies can develop as different types of economics interact in society.

When several economic systems in a society interact, mixed economies can develop. Mixed economies function as long as they support democracy. A system that has elements of both capitalism and socialism is called a mixed economy. When a government intervenes to stifle free markets by establishing state-owned firms (such public health or education systems), restrictions, subsidies, tariffs, and tax policies, a mixed economy may result.

In a mixed economy, both public and private businesses coexist, and there is some latitude for using capital for financial gain. However, it is anticipated that government intervention will serve societal purposes. However, capitalism and socialism coexist here.

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What is an example of providing for the common defense?

Answers

The National Defense Authorization Act is one of the main ways the federal government meets with its constitutional duty to "provide for the common defense" by being approved and put into effect (NDAA).

"Accommodate the interests of common defense" means exactly what?

According to the definition of this phrase, the US has the power and capacity to mobilize its armed troops in order to protect the country against enemies overseas. The country defends each state by funding the common defense, as opposed to having each state just provide own armed forces.

Why was the common defense clause in the preamble added?

Because they considered that sustaining the country's security came before removing this threat, the Founders assigned joint responsibility again for common defense to a President and Congress, the elected (and independent) branches of government. The American military thereby ensured that it would defend the country and uphold democratic government.

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oscar winning director of nomadland crossword clue

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CHLOEZHAO  is a clue for Oscar-winning director of "Nomadland"

A crossword puzzle is a type of word puzzle that often takes the shape of a square or a rectangular grid of white and black-shaded squares. By answering clues that lead to the solutions, the aim is to fill the white squares with letters, producing words or phrases.

Researchers discovered that individuals randomly allocated to perform crossword puzzles for 18 months improved somewhat in memory and other mental abilities assessments.

In contrast, research participants allocated to a more contemporary brain exercise: computer games meant to stimulate diverse mental capacities, performed better.

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Which cultural issue influenced Richard Wright to publish Native Son?

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Richard Wright wrote the novel Native Son in response to the racism he experienced in the Jim Crow South and to challenge both white readers to confront the realities of racism and African Americans to be agents of their own liberation.

The cultural issue of racism influenced Richard Wright to publish Native Son. Wright wrote the novel as a response to the racism he experienced in the Jim Crow South and his belief that the African American experience had been largely ignored in literature. Wright wanted to challenge white readers to confront the realities of racism and to challenge African Americans to be agents of their own liberation.

Richard Wright wrote the novel Native Son in response to the racism he experienced in the Jim Crow South and to challenge both white readers to confront the realities of racism and African Americans to be agents of their own liberation.

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describe a scandal or a story that year that involved immoral behavior from a public figure or a major corporation. 1999

Answers

Enron Corp.'s tale shows a business that rose to impressive heights before experiencing a disorienting decline.

A scandal is broadly described as the significant societal reactions of outrage, fury, or surprise that occur when rumors or charges about a person or people who are thought to have violated some rule circulate or surface for whatever reason.

The fated company's demise had an impact on thousands of employees and rocked Wall Street. When Enron reached its height, its shares were worth $90.75; on December 2, 2001, they were trading at $0.26.

Luckily, Skilling joined Enron at the right moment. Enron was able to thrive because of the lax regulatory climate of the time. The dot-com bubble peaked at the end of the 1990s when the Nasdaq reached 5,000. Because revolutionary Internet companies were trading at absurd prices, most investors and authorities just accepted rising share prices as the new normal.

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What is the maximum number of hours that pizza can be held?

Answers

The maximum number of hours that the pizza can be dispatched takes place in about four hours, after that, the product will not be served

Consequences of consuming pizza a day later

Eating pizza after having left it on the table overnight is not a safe food to eat, since no perishable food should spend more than 4 hours without being refrigerated, since this increases the risk of food poisoning, even if your pizza does not contain deli meats. Although cheese or pizza bread does not represent a health risk, additions such as tomatoes or fresh vegetables are perfect for the proliferation of batteries that cannot be detected.

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the physical therapist is performing adduction on the skeletal system. this movement is in which direction? select one: a. toward the body b. away from the body c. above the body d. below the body

Answers

The physical therapist is performing adduction on the skeletal system. This movement is toward the body.

Physical therapists are healthcare professionals who provide treatment for patients with physical impairments, disabilities, and injuries. They work with patients to improve mobility, reduce pain, and restore function. Physical therapists use a variety of techniques, including exercise, ultrasound, electrical stimulation, and manual therapy, to help patients achieve their goals.

They also provide education on injury prevention and healthy lifestyle choices. Physical therapists are highly trained professionals who are passionate about helping people improve their quality of life. They are dedicated to providing personalized care to each patient in order to maximize their recovery and improve their overall well being.

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sociologists conduct reviews of literature to do which of the following? select one: a. refine the problem under study. b. identify potential sources of funding. c. determine whether a research study is in fact feasible. d. analyze the data and formulate conclusions.

Answers

Sociologists examine the following literature to focus on the issue at hand. The right response in this case is option A.

A careful examination of the facts and viewpoints that other professionals and academics have published about a certain subject. a means of providing historical context for a topic and demonstrating how previous scholars have approached a challenge.

A literature review offers a summary of prior research on a subject that compares, categorizes, and critically assesses what has already been published on a given subject. It enables the author to summarise and set the research and academic literature pertinent to the subject in perspective.

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which astronomer is called out in bohemian rhapsody?

Answers

Galileo was allegedly included in the song's lyrics by Mercury in memory of May, who had a deep interest in astronomy and would eventually go on to receive a Ph. D. in astrophysics. The inventive wording in "Bohemian Rhapsody" is a testament to Mercury's songwriting skills.

In Bohemian Rhapsody, which astronomer is referred to as drop?

Galileo the astronomer is mentioned in "Bohemian Rhapsody.

Why does Scaramouche appear in Bohemian Rhapsody?

The definition of "Scaramouch" according to Song Facts is "A stock character that appears as a boastful coward.

What does Bohemian Rhapsody's underlying message mean?

The main theme of the song Bohemian Rhapsody is how different and happy Freddie's life could have been. Freddie Mercury's inability to be himself throughout his entire life was primarily shown via it.

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describes the verbal and nonverbal ways in which we act to maintain our own presenting image and the images of others.

Answers

Facework is term that is used to describe the verbal and nonverbal ways we act to maintain our own presenting image.

Facework, particularly at the interpersonal and organisational levels of communication, serves as a crucial mediator of the relationship between a person's private image and their desire to collaborate or not in society. A metaphorical "face," which depicts how someone is perceived by others in an interaction—that is, with respect or not—is the foundation upon which facework is built.

Facework is, therefore, essentially the interpersonal techniques required to uphold or improve—and occasionally even to undermine—others' perceptions of a person's right to respect. This contact is further mediated by culture, which establishes which face a person should focus on when engaging in interpersonal communication.

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What Is the American Institute of Certified Public Accountants (AICPA)?

Answers

The U.S. organization that administers and oversees the certified public accountant (CPA) designation is the American Institute of Certified Public Accountants (AICPA).

The purpose of the AICPA is to support the success of global business, CPAs, CGMAs, and specialized qualifications by offering the most current information, resources, and advocacy while defending the changing needs of the general public.

More than 35,000 members and students who work in business, government, academia, and professional practice are represented by the IPA, which was founded in 1923. The IPA supports and promotes the interests of its members and the profession, particularly those engaged in business with small and medium-sized enterprises.

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Who administers the oaths of office to the Vice President?
a. chief justice of india
b. president of india
c. speaker of the lok sabha
d. attorney-general of india

Answers

A. Chief justice of India

T/F most students read the directions and scoring procedures on a test

Answers

Answer:true

Explanation:

how to fix you have been kicked due to unexpected client behavior

Answers

To resolve the problem in this case, you'll need to reinstall the game conventionally.

Conduct is the variety of actions and mannerisms made by individuals, organisms, structures, or synthetic entities in a few environments. those systems can encompass different structures or organisms as well as inanimate bodily surroundings. it's far the computed response of the system or organism to diverse stimuli or inputs, whether or not internal or external, aware or unconscious, overt or covert, and voluntary or involuntary.

The endocrine gadget and the nervous system probably affect human conduct. Complexity within the conduct of an organism may be correlated to the complexity of its fearful gadget. usually, organisms with extra complicated nervous systems have an extra capacity to study new responses and for that reason modify their conduct.

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What role does hedonic adaptation play when a negative event occurs?

Answers

According to the theory of hedonic adaptation, people tend to return to a relatively steady, baseline level of affect following positive (or negative) experiences (i.e., something nice or bad happening to someone) (Diener, Lucas, & Scolion, 2006).

What makes hedonic adaptation crucial?

According to the theory of hedonic adaptation, people eventually get acclimated to certain changes in their lives. It is believed that with time, the joy or sorrow that comes with specific life events wears off, leaving each person to their "default" emotional state.

Do you believe that hedonic adaptation benefits or harms us as humans, and why?

Hedonic adaptation—that old hedonic treadmill we're all on—is a part of who we are (and it keeps us grounded), but we can still raise our happiness set point by incorporating joys, gratifications, and worthwhile activities into our daily routines.

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Existentialism was the leading philosophy of thought to which most modernist writers adhered. (1 point)
true
false

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True, most modernist authors followed existentialism as their main school of thought.

Describe existentialism in the simplest terms possible.

Existentialism is the philosophical principle that claims that each person is responsible for determining the meaning and purpose of their own life. Our special purpose or meaning are not given to us by gods, governments, teachers, or any other authority.

What do existentialists hold as their fundamental principle?

According to existentialists, every person's experience of existence is distinct and has a range of features. Our existence, which consists of the connections we make with other people and the things around us, is what makes us who we are. They maintain that each person must select and commit to a life's purpose and trajectory.

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What is the system called that stops one branch of government from becoming more powerful than another branch?

Answers

The Checks and Balances system presents each branch of authorities with person powers to test the different branches and forestall any one department from becoming too powerful.

What is the reason of exams and balances?

Just like the phrase sounds, the factor of assessments and balances was to make positive no one branch would be capable to manage too lots power, and it created a separation of powers.

Years later, in his work The Spirit of the Laws in the 18th century, writer Montesquieu codified the idea of “checks and balances” when he warned of the chance of despotism with the aid of suggesting that there  be special parts of the authorities to exercising legislative, govt and judicial authority

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what is the role of freedom in obtaining enlightenment?

Answers

Freedom helps an individual to learn each and every subject which paves the path of enlightenment for the individual.

Freedom is referred to as the feeling of removal any kind of restriction from an individual. By attaining freedom the individual is able to do whatever he wants according to his own will. No one will order him to work for and no one will control the person. He will be free to carry out his own work and in the manner he wants. He will be able to study all the topics that are present in the world and he will be able to gain knowledge of everything he wants. He will learn many aspects of behavior and many other aspects related t history, geography, morality and much more. These all will create him a better person and he will become enlightened.

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the house is preparing to consider a bill on gun control. the debate on the bill has been limited to one hour. which statement explains the chamber rules that affected this bill? (5 points)

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"The House is preparing to consider a bill on gun control" explains the chamber rules that affected this bill.

The issue of gun control is one that has been debated for many years. Gun control advocates argue that stricter regulations are necessary to reduce gun violence, while opponents argue that the Second Amendment protects the right to bear arms and that gun control laws only prevent law-abiding citizens from owning guns.

The truth lies somewhere in the middle, and a compromise must be reached. A bill on gun control should focus on closing loopholes in the existing laws, such as requiring universal background checks for all gun purchases, and increasing the minimum age for gun purchases. Additionally, the bill should include measures to better regulate the sale of ammunition and to ensure that firearms are stored safely and securely.

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which of the given statements is an important safety precaution that should be heeded when using a mel‑temp melting point apparatus?

Answers

Always wearing eye protection of the given statements is an important safety precaution that should be heeded when using a mel‑temp melting point apparatus.

A precaution is a motion that is intended to save something dangerous or unsightly from going on. complete Barrier Precautions are the aggregate of airborne and phone precautions, plus eye safety, in addition to standard precautions.

Precautionary measures are meant to protect those at chance or keep the fame quo. they may be now and again applied on an interlocutory foundation, i.e. without granting the felony proper to be heard to those involved in advance.

While riding, she always wears her seatbelt as a precaution. every home proprietor ought to take precautions against the hearth. She took the precaution of packing more medicinal drugs for the trip.

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For charity art exhibition, Jaime gave 12 paintings, Rob gave 8 and Fernando gave 5. a Write the numbers of paintings as a ratio. b What proportion of the paintings did each give? What drink gave immortality to those who drank it?A. MeadB. NectarC. XocolotlD. Green tea What is the factor of 8x2 12x? describe one unintended consequence of concentrated poultry feeding operations on the biodiversity in the chesapeake bay. Substances that are formed as a result of a chemical reaction are called -------- and are written on the ---------- side of the equation.A.productsB.Right hand Side all of the following are true of railroad expansion in the late nineteenth century except that itwas financed by private corporations without government assistance what was the court's analysis (legal reasoning) in the jordan v jewel food stores case? (choose three correct answers) lingual shock may occur as the needle passes by the inferior alveolar nerve during the ia block. group of answer choices true false What went wrong with the Mars InSight lander? An area of the skin that does not resemble the area surrounding it. Is ethereum currently the only blockchain that supports nfts? 10. The vertical motion formula h = -16t + vt, gives the height of a projectile, h, at anytime, t, for a starting velocity, v. Find the number of seconds it takes for a rocketlaunched with a starting velocity of 96 ft/s to reach an altitude of 45 ft. Algebraicsolutions only. Round answers to the nearest tenth. Need answer for these questions on january 1, year 1, astor co. purchased a bond with a face value of $1000, maturing after 7 years, and classified as available-for-sale debt security on its balance sheet. the coupon rate on the bond was stated to be 10%, payable semi-annually on june 30 and december 31. astor co. received full interest for the first four years until december 31, year 4 but determined that it will collect only 50% of the interest for the remaining 3 years. on january 1, year 5, the fair value of the said bond was estimated to be $800. what is the impact of the loss on the financial statements of astor? during which phase do chromosome first become visible? what percent of ones daily caloric intake should come from carbohydrates? What is the definition of a force in 5 words? how is spanish in demand in the business/job market What do you mean by static and dynamic characteristics of an instrument? Describe how the mountain, desert, and water features of Southern and Eastern Asia impact trade and affect where people live.