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Doss [256]
1 year ago
6

Which of these describes one function of a household in the economy? buys finished products sells finished products taxes finish

ed products exports finished products
Business
1 answer:
Oksana_A [137]1 year ago
3 0

The function of a household in the economy is the buys finished goods.

<h3 /><h3>How do household impact the economy?</h3>

Through their basic and daily needs for the maintenance of quality of life, families drive the economy through their purchase needs and desires, generating demand for products and services.

Therefore, households impact the economy by determining demand that will drive supply.

Find out more about demand here:

brainly.com/question/1245771

#SPJ1

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Answer:

c. $1,900

Explanation:

As for the information provided, we have:

Retained Earnings opening balance = $2,500

Current year loss = $200

Balance of retained earnings after this = $2,500 - $200 = $2,300

Now, dividends are provided which shall be paid from retained earnings only.

Cash dividends are the one paid in cash.

Stock dividends are the ones which are paid by issue extra shares from retained earnings.

Thus, both are deductible from retained earnings.

Therefore, closing balance of retained earnings = $2,300 - $200 - $200 = $1,900.

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3 years ago
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President Carter’s appointment of Paul Volcker as Federal Reserve Chair started the path to change. He restricted the money supply in a war that drove up unemployment but eventually tamed inflation.
The Reagan presidency started with cuts in spending and income taxes in what was called a ‘supply-side experiment.’
The intent was to stimulate saving, work, and investment. The emphasis that the supply-side approach put on incentives is now a more prominent part of economic thinking, but the experiment itself led to larger fiscal deficits.</span>
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