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Homework answers / question archive / 1)How many small businesses are in the United States, and what percentage of gross domestic product (GDP) do they represent? (a) 28 million small businesses; 50 percent of GDP
1)How many small businesses are in the United States, and what percentage of gross domestic product (GDP) do they represent?
(a) 28 million small businesses; 50 percent of GDP.
(b) 38 million small businesses; 50 percent of GDP.
(c) 28 million small businesses; 30 percent of GDP.
(d) 38 million small businesses; 30 percent of GDP.
Each of the following is an advantage of small business ownership except:
(a) Reaping financial rewards from your hard work.
(b) Being responsible for the well-being of your employees.
(c) Having the freedom to make decisions for the business.
(d) Having the opportunity to learn about various business functions.
Each of the following is a disadvantage of small business ownership except:
(a) Having the freedom to make decisions for the business.
(b) Being responsible for the well-being of your employees.
(c) Taking the financial risk of owning your own business.
(d) Performing undesirable tasks related to your business.
According to Figure 2.8 (The Entrepreneur’s Workweek):
(a) 19% of all entrepreneurs work at least 60 hours per week.
(b) 29% of all entrepreneurs work less than 40 hours per week.
(c) 33% of all entrepreneurs work between 50 and 59 hours per week.
(d) 30% of all entrepreneurs work at least 60 hours per week.
2)What is a market economy, based off of Elliott Currie’s work? In what ways does it produce conditions conducive to crime? Elaborate on the seven pathways that Currie identifies. MUST BE IN YOUR OWN WORDS. DO NOT SIMPLY COPY AND PASTE THE ANSWER FROM ANOTHER WEBSITE.
3)Assume the current Treasury yield curve shows that the spot rates for six? months, one? year, and one and a half years are: 1%, 1.1%, and 1.3%, all quoted as semiannually compounded APRs. What is the price of a $1000 par, 4.75% coupon bond maturing in one and a half years(the next coupon is exactly six months from now)?
The price of the next bond is $________
1.
1.: option a) 28 million small businesses; 50 percent of GDP
2: option b) Being responsible for the well being of your employees.
3: option a) Having the freedom to make decisions for the business.
4: Standard work hours for employees is 40 hours, therefore I'll go with option (b) as there is no specific detail asked for this particular question. So the answer would be:
b) 29% of all entreprenuers work less than 40 hours per week.
2.Elliott Currie is a sociologist and a professor who is the author of of books regarding multiple works on crime and juvenile delinquency drug abuse and also social policy. According to Eliot currie criminology has a very Central role to act for alerting all towards the claims that are outrageous also abuses of institutional fields and all over the reliance of prisons as a a form of control of social terms. These all give different perspectives of market economy. For currie the prison is a symbol of culture which is devoted towards emasculating the poor and vulnerable and the unwanted. He expanded the concept of market economy and extended relation to crime. The market societies in which private gain persuitis more dominant for principles being organised regarding the social as well as economical life which breed at higher levels of violent crimes.there are seven mechanism which contribute to this vulnerability which are identified by Elliott Currie.
1) the livelihood having progressive destruction.
2) extreme inequality have a growth and along with the material depreciation was also growing.
3) public services were at withdrawal and it supports also.
4) mutual support having informal networks witnessed erosion.
5) the materialistic and neglectful culture was spreaded.
6) the technology of violence was deregulated.
7) the social and the political alternatives were weekend.
3.Please use this google drive link to download the answer file.
https://drive.google.com/file/d/1fb7NDeeoPp4UAERNi4N9xztrzOqbLBsC/view?usp=sharing
Note: If you have any trouble in viewing/downloading the answer from the given link, please use this below guide to understand the whole process.
https://helpinhomework.org/blog/how-to-obtain-answer-through-google-drive-link
