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likoan [24]
1 year ago
13

Select all the correct answers. which of the following statements are true? economic stability means fair distribution of goods

in an economy. full employment is a macroeconomic goal. inflation is a fall in the prices of goods and services. inflation is a rise in the prices of goods and services. microeconomics studies the economy as a whole.
Business
1 answer:
Vera_Pavlovna [14]1 year ago
7 0

The goals of macroeconomics are economic growth, full employment, and price stability. Options 2 and 4 are True.

<h3>What are the objectives of macroeconomics?</h3>

The majority of other countries have three main macroeconomic objectives: economic growth, full employment, and price stability. The economic well-being of a country is dependent on carefully defining these goals and selecting the best economic policies to achieve them.

  • A macroeconomic goal is full employment. True
  • Inflation is defined as an increase in the prices of goods and services. True

Therefore, options 2 and 4 are true.

Learn more about the objectives of macroeconomics here:

brainly.com/question/14704537

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The law of diminishing returns indicates that:a. because of economies and diseconomies of scale a competitive firm's long-run av
Olegator [25]

Answer:

The correct answer is option c.

Explanation:

The law of diminishing returns states that as we go on employing additional inputs the return or payoff from each unit of input will become smaller or go on declining. This means that after a certain point the total output will start increasing on a decreasing rate as we go on hiring more inputs.

In other words, the marginal product of inputs will go on declining with each additional unit of input employed. As a result after reaching a certain point, the marginal product starts to decline.

7 0
3 years ago
On December 28, I. Greasy Catering Company completed $600 of catering services. As of December 31, the customer had not been bil
nikdorinn [45]

Answer:

a. Debit Accounts receivable for $600

Explanation:

As Greasy catering company provided services but had not got the bill from the customer, it increases an asset. According to the revenue recognition principle, revenue has recognized whenever it is provided not when the cash is received. In that case, the journal entry to record the transaction is -

Accounts receivable (Debit) $600

Revenue (Catering)  (Credit) $600

Accounts receivable is debit because the company owes the amount from the  customers.

8 0
3 years ago
PLZ HELP ASAP !! Econ !!
alexandr402 [8]

I'm pretty sure B

Explanation:

I dont knowing I'm correct but give meh a rating if I'm right

7 0
2 years ago
If four people of the same age each have the same education and skills, which will likely earn the greatest
erma4kov [3.2K]

Answer:

metro area in the north

Explanation:

more business and big cities like new york (just an example)

6 0
2 years ago
When a company implements its monthly S&amp;OP process, the process should begin with: a. Developing and specifying the constrai
Kazeer [188]

Answer:

The answer is b. Determining the business planning vs financial objectives

Explanation:

Financial performance for the previous month is consolidated to provide inputs for analyzing the current month’s S&OP cycle. Actual costs are compared with budgets and forecasts to analyze forecast accuracy over a rolling time frame.

7 0
3 years ago
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