Answer:
The answer to this question is A. Interaction between a private party and another private party
Explanation:
A free market economy, otherwise known as a capitalist economy is one that is controlled by private individuals with little or no government control.
A free or capitalist system may be defined as one in which all or most means of production are owned and controlled by private individuals and in which the economic activity of the government is at minimum.
In a capitalist economic system, private individuals play greater role than the government in taking decision about on what to produce, how to produce and the distribution of what is produced.
Hence, the allocation of benefits and costs is determined in a free market economy by A. Interaction between a private party and another private party
Answer:
Option D. $10,000 is the correct answer.
Explanation:
Journal Entry for pension expenses:
Pension Expense $10,000
Cash $10,000
(To record pension expenses)
Pension expenses for the year ended is comprised of the following components of pension cost.
Service Cost $14,000
Interest cost $6,000
Expected return on plan assets $10,000
__________
Pension expenses $10,000
The right phrase to fill the blank is: widespread use of mobile devices with wireless internet connectivity.
This is one of the major changes that have occurred in recent years, where we no longer have to access internet from local area network connection which requires a cable for you to connect to the internet and a computer is no longer necessary to be able to use it as well.
Answer:
B. In the long run, a change in the nominal exchange rate brings an equivalent change in the real exchange rate.
Explanation:
As we know that in the short run there is a decline in the nominal exchange that results in a decrease of real exchange rate due to which there is a reduction of the import and the export is risen.
But in the case of the long run, if there is a change in the nominal exchange rate so the real exchange rate would remain the same
This results that if there is a change in the nominal exchange rate so it would not bring the equal change in the real exchange rate
Hence, option B is incorrect
Answer:
Quality assessment
Explanation:
Quality assessment is a set of processes that is used to ensure progressive improvement in health care delivery by evaluating structure, process, and outcome in a health care organisation.
Quality standards are set for different criteria and the quality assurance officer follows certain steps to ascertain if minimum standard is being met.
If however the quality standard is below expectations, Tha cause is determined with a view of making improvement.
