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spin [16.1K]
2 years ago
9

How does the use of credit influence businesses and the economy?

Business
1 answer:
Arada [10]2 years ago
8 0

Answer:

When consumers and businesses can borrow money, economic transactions can take place efficiently and the economy can grow. Credit allows companies access to tools they need to produce the items we buy. A business that couldn’t borrow might be unable to buy the machines and raw goods or pay the employees it needs to make products and profit.

Explanation:

hope this helps if not let me know

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Answer:

A)Real GDP omits measures of political freedom.

Explanation:

The Real Gross Domestic Product is a measure of all the goods produced in an economy within a year but with changes in price levels triggered by inflation factored in. Political freedom does not affect economic freedom. People may be restricted politically but still, go about their normal economic activities.

Because the Real GDP basically focuses on transactions done in the markets, it might not accurately measure the growth rate because some people conduct illegal businesses underground that are not captured by the government, while some produce their goods at home. Also, leisure time is not factored and it is important because an increase in leisure time will affect time spent in activities that improve the economy.

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4 years ago
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Kay [80]

Personal ownership of resources exists in capitalism and command economies.

Ownership is the legal proper to possess something. An instance of ownership is possessing a selected house and property. noun.

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Ultimately, taking ownership is vital because it builds consideration, assistance, and bonds with humans you care about. A group cannot thrive without a subculture of responsibility as it's what continues everybody operating together toward a collective, described organizational undertaking.

Learn more about ownership here:

brainly.com/question/25734244

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6 0
2 years ago
Lower inventory levels Group of answer choices make processes less dependent on each other while revealing bottlenecks more quic
Nat2105 [25]

Answer:

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3 years ago
If you suspect your boss of unethical behavior, your first step should be to ______.
bogdanovich [222]
<h2>A</h2>

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8 0
3 years ago
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