All categories

2 years ago

1.1.11 Advise SM on the negative impact of the socio economic issues identified in QUESTION 1.1.10 (6 )

1 answer:

8 0

A social-economic issue is simply a factor that can be classified as having a social and economic bearing or having an economic impact on members of society.

<h3>What are examples of Social Economic Factors?</h3>

Please note that the information on the question is incomplete hence the general answer.

Examples of social-economic factors are:

Employment
Safety
Income levels
Education etc.

One negative social-economic factor based on the above is unemployment. This is the condition wherein more and more people who are willing to work are unable to find gainful employment.

The negative impact of this on the economy is that if people are unwilling to buy household goods and pay for household services, soon those providing those services will be unable to operate their businesses.

This condition is what leads to a recession if not properly checked by the government. One way the government can decrease unemployment is by increasing the money supply.

Learn more about social-economic factors at:
brainly.com/question/359649

You might be interested in

What will happen to the demand curve if government regulations require that all households have at least 2 carbon monoxide alarm

balandron [24]

It's B

hopefully that helped someone

5 0

3 years ago

Mo Meek, Lu Ling, and Barb Beck formed the MLB Partnership by making capital contributions of $75,600, $294,000, and $470,400, r

MA_775_DIABLO [31]

Answer:

salary allowances of $83,600 to Mo, $62,700 to Lu, and $94,500 to Barb; interest allowances of 10% on their initial capital investments; and the balance shared as follows: 20% to Mo, 40% to Lu, and 40% to Barb.

net income $498,000, total distributions:

Mo = $83,600 + (20% x $257,200) = $135,040
Lu = $62,700 + (40% x $257,200) = $165,580
Barb = $94,500 + (40% x $257,200) = $197,380

First we need to close Income Summary account to each partner's capital account:

December 31, 202x

Dr income summary 498,000

Cr Mo Meek, capital 135,040

Cr Lu Ling, capital 165,580

Cr Barb Beck, capital 197,380

then we close the drawings accounts to the capital accounts of each partner:

December 31, 202x

Dr Mo Meek, capital 39,300

Cr Mo Meek, drawings 39,300

Dr Lu Ling, capital 53,300

Cr Lu Ling, drawings 53,300

Dr Barb Beck, capital 69,300

Cr Barb Beck, drawings 69,300

3 0

3 years ago

In a market economy, decisions about which goods are produced are based

notsponge [240]

Answer:

A what businesses believe will generate the most profits.

Explanation:

In a market economy, the private sector controls the majority of the factors of production. The government or central authority does not interfere with economic activities in this type of economy. The private sector decides on the production and distribution of goods and services.

The private sector participates in economic activities to make profits. Demand and supply forces determine the type and quantities of goods to be produced. Traders will avail to the markets the goods and services that consumers are willing to buy.

5 0

3 years ago

Read 2 more answers

Assume that you and your best friend each have $1,000 to invest. You invest your money in a fund that pays 10% per year compound

marishachu [46]

Answer:

correct answer is c. You both have the same amount of money

Explanation:

given data

invest = $1000

pay compound interest = 10%

pay simple interest = 10%

time = 1 year

solution

we get here difference in the total amount that is your friend money - your money .................1

so difference in the total amount = invest × $(1+rate)^{time}$ - [ invest + ( invest × rate × time) ] ......................2

put here value

difference in the total amount = $1000 × $(1+0.10)^{1}$ - [$1000 + ( 1000 × 10% × 1) ]

difference in the total amount = 0

so correct answer is c. You both have the same amount of money

7 0

3 years ago

Eaton Tires manufactures tires for dune buggies and has two different products, nubby tires and smooth tires. The company produc

saw5 [17]

Answer:

Materials handling= $60 per requisition

Machine setups= $110 per setup

Quality inspections= $95 per inspection

Explanation:

<u>To calculate the predetermined manufacturing overhead rate we need to use the following formula:</u>

<u></u>

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Materials handling= 60,000/1,000= $60 per requisition

Machine setups= 55,000/500= $110 per setup

Quality inspections= 57,000/600= $95 per inspection

4 0

3 years ago

1.1.11 Advise SM on the negative impact of the socio economic issues identified in QUESTION 1.1.10 (6 )​

1.1.11 Advise SM on the negative impact of the socio economic issues identified in QUESTION 1.1.10 (6 )