Answers
Answer:
B. The mixed economy.
Explanation:
An economy is a function of how money, means of production and resources (raw materials) are carefully used to facilitate the demands and supply of goods and services to meet the unending needs or requirements of the consumers.
Hence, a region's or country's economy is largely dependent on how resources are being allocated and utilized, how many goods and services are to be produced, what should be produced, for whom they are to be produced for and how much money are to be spent by the consumers to acquire these goods and services.
Basically, there are four (4) main types of economy and these are;
I. Command economy.
II. Free market economy.
III. Traditional economy.
IV. Mixed economy.
A mixed economy can be defined as a type of economy in which the government of a particular country is minimally involved in the allocation and production of goods and services while protecting the interest of the consumers and regulating the market by establishing laws.
This ultimately implies that, a mixed economy is a combination of two or more economy such as centralized economy and capitalist economy i.e the state and private sector control the economy in a country.
Related Questions
which industry accounts for about 80 percent of world trade?
Answers
Explanation:
Shipping is the backbone of global trade, around 80% of world trade in goods is carried by the international shipping industry.
need help on econ please and thank you
Answers
Answer:
1. Bonds
2. Property
3. Mutual Funds
4. Starting a business
Explanation:
1. Read the following data regarding payroll deductions, and answer the questions that follow:
Lydia: $9.50/hour, worked 20 hours this pay period
Thomas: $12.50/hour, worked 40 hours this pay period
Bruce: $8.50/hour, worked 30 hours this pay period
a. Using a spreadsheet program, create a payroll spreadsheet with the information above. Be sure to include proper headings.
b. Add a “Tax (%)” column. Apply a nested IF statement to the spreadsheet to determine the percentage of taxes that needs to be deducted. For someone who makes $9.00 or less an hour, the is 5%. For someone who makes between $9.01 and $12.00 an hour, the rate is 6%. For someone who makes more than $12.01 an hour, the is 7%.
c. Describe hour you generated this column.
Answers
The hours generated are:
Lydia - 20Thomas - 40Bruce - 30The Net Amount Payable are:
This is a function/formula within Microsoft Excel Spreadsheet that allows one to carry out conditional calculations such as the one explained in the question. Please see the attached spreadsheet.
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The United Kingdom currently has a trade deficit with New Zealand. If the U.K. pound sterling appreciates relative to the New Zealand dollar, which of the following correctly explains the effect on the trade deficit?
The trade deficit will increase, since an appreciating pound means fewer goods will be imported from New Zealand.
The trade deficit will decrease, since an appreciating pound means fewer goods will be imported from New Zealand.
The trade deficit will decrease, since an appreciating pound means more goods will be imported from New Zealand.
The trade deficit will increase, since an appreciating pound means more goods will be imported from New Zealand.
Answers
The correct answer to the given question is that the trade deficit would increase since with the appreciating pound means more goods will be imported from New Zealand.
Based on the given question, we are asked to show the effects of the trade deficit between New Zealand and UK based on the appreciation of the pound sterling relative to the New Zealand dollar.
With this in mind, we are aware that when there is a strong domestic currency, then it would encourage more imports and hamper exports, therefore, the trade deficit will increase, since an appreciating pound means more goods will be imported from New Zealand.
Therefore, the correct answer is option D
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Answer:
Economics Semester Exam
THIS IS FOR CONNECTIONS ACADEMY!!!!
QUESTIONS MAY BE SWITCHED!!!
i got a 22/31 but these are 100% correct
1. water
2. the choice between the net profit of the new production schedule and the net profit of the old production schedule
3. The opportunity cost is the consumer's benefit from purchasing the computer.
4. traditional economy- culture
command economy- central
mixed economy- elements
market economy- price signals
5. Public goods are goods and services that are non-excludable and non-rivalrous; therefore, it is not profitable or in the best interest of private businesses to provide these goods.
6. revenue
7. a percent decrease in quantity demanded greater than 100%
8. The demand curve for cell phones would shift to the right, and the demand curve for instant noodles would shift to the left.
9. The firm should choose to produce 1,200 units of output.
10. Shares of public corporations are traded on stock exchanges.
11. Consumer cooperatives pool their resources together to purchase goods in bulk. By purchasing goods in bulk, the cost of acquiring these goods is reduced for members compared to the normal cost that an individual would face when purchasing the product.
12. Money maintains purchasing power over time.
13. -The purchasing power currencies issued by state banks varied wildly from state to state.
-Monetary reserves decreased.
14. $75
15. interest
16. disability insurance
17. 255 million dollars
18. inflation or deflation
19. Unemployment as a result of people moving from one job to another.
20. Improvements to human capital leads to improvements in productivity and improvements in standard of living.
21. It would be a bad thing. Local governments typically get around one third of their total revenue from state and federal governments.
22. Medicaid is funded by state and federal governments and provides health coverage based on financial need. Medicare is a federal government health-care insurance program for people 65 years or older and those with certain disabilities under age 65.
23. The special interest group could donate money to the leader's re-election campaign, or it could talk favorably about the leader to the public.
24. No, because individual income taxes contributed about $1.718 trillion in Fiscal Year 2019 while Social Security and Medicare taxes only contributed $1.242 trillion.
25. The discount rate is the interest rate at which the Federal Reserve charges to financial institutions on loans issued at the discount window.
26. Enact contractionary monetary policies to decrease the money supply.
27. Country A has the absolute advantage and the comparative advantage in watch production.
28. Israeli consumers will purchase fewer automobiles, and Israeli producers will manufacture more automobiles.
29. Agricultural trade was improved across all member nations.
30. The trade deficit will increase, since an appreciating pound means more goods will be imported from New Zealand
Explanation:
A project's break-even occupancy level is determined by: _______________
a. adding vacancy and rent loss allowances to the net operating income, and dividing by the operating expenses.
b. subtracting debt service from the before-tax cash flow, and dividing by net operating income.
c. adding the operating expenses to the debt service, and dividing by the gross potential revenue.
d. subtracting operating expenses from effective gross income, and dividing by the operating expense ratio.
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Answer:
a. adding vacancy and rent loss allowances to the net operating income, and dividing by the operating expenses.
where in the universe did the big bang take place?
Answers
Answer:
The dig dang happened everywhere in the universe
Explanation:
What is a consumer product?
Answers
The growth rate is a measure of the rate at which a countrya's population is increasing. Please select the best answer from the choices provided. T F.
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The growth rate is a measure of the rate at which a country's population is increasing.
The growth rate of a population measures the percentage increase in the value of a quantity.
For example, if the growth rate of a population is 10%, if the town currently has 1000 people, next year population would be: 1000(1.1) = 1100 people.
Factors that leads to increases in a population
Migration BirthTo learn more, please check: https://brainly.com/question/15133607
Answer:
This is true.
Explanation:
Edg. 2022
11.
can best be described as the total value of all final goods, services, and structures produced in an
economy in a one-year period.
A. GDP
B. CPI
C. Real GDP
D. Nominal GDP
Answers
Answer:
GDP
Explanation:
GDP can be described as the total value of all final goods, services, and structures produced in an economy over a period of one yearThe full form of GDP is Gross Domestic productPLEASE HELP
Select the two statements about owners of equity in a business that are TRUE.
Question 6 options:
A Partner owns equity.
Contractors own equity.
All stakeholders own equity.
Founders own equity.
Answers
Considering the equity ownership analysis, the two statements about owners of equity in a business that is TRUE include "A Partner owns equity and Founders own equity."
What is Owners Equity?Owners Equity is a business term that is used to describe the right of the owners to the business assets after the liabilities are removed.
Given that owners' equity relates to the business's assets, then it is concluded that the founders and partners of the business own equity.
Hence, in this case, it is concluded that the correct answer is options A and D.
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A parcel of land is 140 feet by 75 feet and the seller is asking $130 per square foot. What is the asking price
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The asking price is $1,365,000 if a parcel of land is 140 feet by 75 feet and the seller is asking $130 per square foot. The cost or current market value of a residence divided by the square footage of the home yields the average price per square foot.
Why is the price per square foot important?The price per square foot might help you determine whether a house is reasonably priced. If you're seeking to buy a home, it can help you decide what kind of offer to make. You should work together with your real estate agent and carefully evaluate sales comparables.
Given
Dimension of Parcel of land = 140 feet by 75 feet
Cost per feet = $130
Required to calculate the asking price of land =?
Price = Total sq. feet x cost per feet
Price = 140 x 75 x 130 = $1,365,000
Thus, the asking price for a parcel of land is $1,365,000.
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13. The primary difference between GDP and Real GDP is
A. The amount of money made from foreign investments.
B. The amount of money spent in the country from only Americans.
C. It includes the income made by all Americans.
D. It accounts for inflation.
Answers
Answer:
I think option D is correct
Because of an accident Royce was involved in, his insurance company has increased his annual premium for auto insurance by 5. 2%. His original policy was set up using the premiums listed below. What is his new annual premium after the increase for the accident?.
Answers
Premium is often paid by people based on some kinds of services offered.
From the picture attached, we can see Royce' premiums for the previous year, which were;
Bodily injury $22.50 Property damage $144.75 Collision $275.75 Comprehensive $100If you add all together, the total premium of the policy was $543
Note that the premiums will increase by 5.2%,
therefore, the new total premium will be = $543 x 1.052 = $571.24
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In the system selection process, the step of reducing the number of potential vendors that a healthcare organization is considering to just a few finalists is called
Answers
On a school field trip, the number of students, y, is always proportional to the number of adults, x. The line representing this relationship passes through the point (8,96). What is the unit rate, and what does it represent for this situation?
Answers
The unit rate means that there are 12 students for each adult.
A linear equation is in the form:
y = mx + b
where y, x are variables, m is the rate of change and b is the initial value of y.
Let y represent the number of students and x represent the number of adults. Since y is proportional to x, hence:
y = mx
The line passes through the point (8,96):
96 = 8m
m = 12
The unit rate means that there are 12 students for each adult.
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_____ ratios measure the degree and effect of the firm's use of borrowed funds to finance its operations.
Answers
Answer:
DEBT ratios measures the degree and effect of the firms use of borrowed funds to finance it's operations
Answer:
leverage
Explanation:
Does Nike have any responsibility (of any kind) to the citizens of Indonesia or any country where they operate?
Explain your answer below.
Answers
It should be noted that Nike has responsibilities to the people that are living in any country that they operate. Therefore, the statement is true.
It should be noted they the company's sustainability program and corporate social responsibility aligns with the core beliefs of the company.
Nike has responsibilities to the people that are living in any country that they operate. The company leverages the power of sport in order to promote its agenda about changing the world for the better. The company also engages in various programs that will improve the communities.
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Determine the characteristic for each market segment. This segment contains a common element that unifies its members. This segment contains an element that separates it from other segments. This segment is based on the response of members with a certain outlook. distinction arrowRight homogeneity arrowRight reaction
Answers
Answer:
Market segmentation is a marketing term that refers to aggregating prospective buyers into groups or segments with common needs and who respond similarly to a marketing action. Market segmentation enables companies to target different categories of consumers who perceive the full value of certain products and services differently from one another.
KEY TAKEAWAYS
Market segmentation seeks to identify targeted groups of consumers to tailor products and branding in a way that is attractive to the group.
Markets can be segmented in several ways such as geographically, demographically, or behaviorally.
Market segmentation helps companies minimize risk by figuring out which products are the most likely to earn a share of a target market and the best ways to market and deliver those products to the market.
With risk minimized and clarity about the marketing and delivery of a product heightened, a company can then focus its resources on efforts likely to be the most profitable.
Explanation: I was Just taking a test on this
Answer:
Got this correct on the Test.
Explanation:
distinction--->this segment contains an element that separates it from other segments.
homogeneity--->this segment contains a common element that unifies its members.
reaction--->this segment is based on the response of members with a certain outlook.
One concern over external national debt is that interest and principal payments transfer wealth overseas. The percentage of the national debt held in recent years by foreigners is approximately:
Answers
Answer:
26.70 trillion
Explanation:
Answer:
30 percent
Explanation:
I know it sounds sketchy but i myself just took this test a few days ago
A country that imposes high tariffs encourages foreign-based companies to import goods A country that imposes high tariffs encourages foreign-based companies to import goods True False
Answers
It is false that a country that imposes high tariffs encourages foreign-based companies to import goods.
Tariff basically refers to a tax imposed on imports or exports of goods in the country by the Federal government.
Sometime, the tariffs are imposed to control the rate of importation into the country to prevent dumping.However, high tariff will lead to high cost of sales because the seller has to consider tax incurred.Therefore, it is false that a country that imposes high tariffs encourages foreign-based companies to import goods
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What is the BEST way to stay organized? Person with a descriptive and correct one sentence answer will receive brainliest for their hard efforts.
Answers
Answer:
Jssjnsnss is a great place to work for and it is a great place to work for and it will help us out to the best of our experience as well as the best and fastest growing business in the
Answer:
watch your behavior to identify actions that contribute to the problem of being disorganized and commit to changing problem behaviors.
Explanation:
(or incorporate the most important organizing tasks into routines.)
Sean’s mother had to make an emergency purchase of a new tire because her tire went flat while she was traveling to the store. She is not sure how much money she has in her checking account. Which method of payment should she use to be financially responsible?
She should pay by telephone with her debit card.
She should pay with a debit card.
She should pay with a credit card.
She should pay with a check.
Answers
Answer:
c. She should pay with a credit card.
Explanation:
Credit cards are basically loans that the banks give to the customer to use and pay back before the due date.
Now if Sean's mother does not know how much money she has, she must use the credit card because to be financially responsible and pay the type services their due amount.
Later she can check her account details and make payments to the bank as per requirement.
Explanation:
The most financially responsible option for Sean's mother would be to pay with a debit card. The correct option is B.
Why debit card is better than cash?You can carry out purchases using a debit card rather than scrambling for cash, looking through your pockets or handbag for exact change, writing a check, or visiting an ATM. It's also more convenient than ever thanks to the increase in companies accepting debit card payments.
This is because a debit card transaction deducts the payment directly from her checking account, so she can only spend the money she actually has available. This can help her avoid overspending or going into debt.
Paying by telephone is also a convenient option, but it is important for Sean's mother to make sure she is using a secure and trusted payment system to protect her personal and financial information.
Using a credit card or writing a check are also options, but they may not be as financially responsible in this situation. With a credit card, Sean's mother would be borrowing money and may incur interest charges if she doesn't pay the balance in full. Writing a check may take longer to process and may not be accepted by all tire shops.
Thus, the ideal selection is option B.
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An estate left the decedent's farm to eight grandchildren. Because no form of ownership was specified in the decedent's will, each of the grandchildren receives A) a right of possession to one-eighth of the property. B) a one-eighth interest in the property as a tenant in common. C) a severalty interest in one-eighth of the property. D) a joint interest in the entire property.
Answers
A right of possession to one-eighth of the property is what each of the eight
grandchildren will receive.
In cases where there is no will which specifies ownership then the estate will
have to be shared equally between the parties involved. They can however
do what they want with the share allocated to them.
In cases where there is no will and no relative, then it goes to the state. This
case involves eight grandchildren and it gives them the right to own one-
eighth of the property as a result of equal sharing.
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One disadvantage of using a company’s tuition reimbursement program is that _______.
a.
You may have to extend your contract with the company
b.
Your ongoing education costs will rise considerably
c.
It may decrease your job satisfaction if you become more skilled
d.
Ongoing education has been proven to decrease worker motivation
Answers
One disadvantage of using a company’s tuition reimbursement program is that you may have to extend your contract with the company.
Tuition reimbursement is offered by employers as a way to pay back employees for education expenses. The people who participated still have to pay out of pocket for the courses they take. At the end of the course, the employee can get back some or all of the tuition expenses.
Answer:
is A. You may have to extend your contract with the company
Explanation: I took the test and is right
during the holidays you pick up some toys at target. when the cashier asks you, "do you need any batteries for these?" she is using a technique called:
Answers
The technique used by the cashier is suggestive selling.
Suggestive selling is a selling method used when an employee suggests or recommends an additional good that would suit an item purchased by a customer. suggestive selling is also known as add-on selling.
The aim of suggestive selling is to increases the sales of a company.
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what country is home to the world’s oldest continuously-operating business?
Answers
Answer:
Japan is the home to the worlds oldest operating Bush
The international agency that administers trade agreements, facilitates trade negotiations, and helps to resolve trade disputes, is
Answers
Under FINRA rules, a readily apparent reference to BrokerCheck and hyperlink to the BrokerCheck website is required: ___________
a. only on a member firm's initial webpage that is intended to be viewed by retail investors
b. only on a member firm's web page that includes a professional profile of a registered person who conducts business with retail investors
c. on both a member firm's initial webpage that is intended to be viewed by retail investors and any web page that includes a professional profile of a registered person who conducts business with retail investors
d. on every page of a member firm's website that is intended to be viewed by retail investors
Answers
Under FINRA rules, the website is required: C) on both a member firm's initial webpage that is intended to be viewed by retail investors and any web page that includes a professional profile of a registered person who conducts business with retail investors.
FINRA which full meaning is Financial Industry Regulatory Authority is an industry that help to protect investors by ensuring that the buyer and seller of securities which are the brokers operate with utmost fairness and integrity.
Financial Industry Regulatory Authority made it mandatory that a readily apparent reference should be shown on the webpage of those that are registered member of the firm which is to be viewed investor.
And any registered individuals webpage who has a professional profile and who as well carryout business with the investor.
Inconclusion under FINRA rules a readily apparent reference should appear on both a member firm's initial webpage and any web page that includes a professional profile of a registered person.
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If country A has a comparative advantage in the production of good X over country B, then: _______________
a. country A should not trade with country B.
b. the domestic opportunity cost of producing X in country A is higher than in country B.
c. the domestic opportunity cost of producing X in country A is lower than in country B.
d. the domestic opportunity cost of producing X in country A is higher or lower than in country B.
Answers
Considering the situation described above, if country A has a comparative advantage in producing good X over country B, then: the domestic opportunity cost of producing X in country A is lower than in country B.
What is Opportunity Cost?Opportunity cost is often used in economics to describe the profit lost when one choice or option is taken over another.
What is Comparative Advantage?Comparative Advantage is the term used to describe the economy's capacity to produce a specific good or service at a lower opportunity cost than its trading competitors.
Therefore, given that country A has a comparative advantage in producing good X over country B, this equates to country A having a lower opportunity cost than country B.
Hence, in this case, it is concluded that the correct answer is option C.
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On September 1, Sky Mountain Company borrowed $200,000 on a 6%, 9-month note payable to Coast National Bank. Given no previous adjusting entries have been recorded, Sky Mountain's adjusting entry four months later at December 31 would include a:
Answers
Answer:
i dont get the question
Explanation:
