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3 years ago

The basic goal in dealing with the problem of scarcity is

1 answer:

6 0

Scarcity is to not have enough resources to fullfil a societies wants and needs. The 3 basic questions a society must ask inorder to deal with this are. what to produce? how to produce? and, for whom to produce? whoever answers those questions is how I societies economic system is decided. Though to answer your question in short, the basic goal of a society is to deal with scarcity, they achieve this by producing as much resources as possible with the little resources available.

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What are the characteristics of a mixed economy?

Oxana [17]

A characteristics of a mixed economy is a mix of both private and government control.

7 0

3 years ago

FIllmore Company began operations on Sept. 1 by purchasing $4,400 of inventory and $750 of cleaning supplies. During the month,

jarptica [38.1K]

Answer: $3,400

Explanation:

Gross Profit = Sales revenue - Cost of Goods sold

Cost of good sold = Opening stock + Purchases of inventory - Closing stock of inventory

= 0 + 4,400 - 1,800

= $2,600

Gross Profit = 6,000 - 2,600

= $3,400

5 0

3 years ago

You are choosing between these four investments and you want to be 95% certain that you do not lose more than 8.00% on your inv

borishaifa [10]

Answer: B. Corporate Bonds and T-Bills

Explanation:

As you want to be 95% certain, this would require a 95% confidence interval.

With the given returns and standard deviations, the range of returns expected will be computed by;

Upper limit = Return + 2*SD

Lower limit Return - 2*SD

Stocks

Upper Limit = 18.37% + 2 (38.79%)

= 96.0%

Lower Limit = 18.37% - 2 (38.79%)

= -59.2%

S&P 500

Upper Limit = 11.84% + 2(20.01%)

= 51.9%

Lower Limit = 11.84% - 2(20.01%)

= -28.2%

Corporate Bonds

Upper Limit = 6.47% + 2(6.98%)

= 20.4%

Lower Limit = 6.47% - 2(6.98%)

= -7.5%

T-Bills

Upper Limit = 3.46% + 2(3.14%)

= 9.7%

Lower Limit = 3.46% - 2(3.14%)

= -2.8%

The lower limit show the lowest return achievable given a 95% confidence level.

Only Corporate Bonds and T-Bills will give a minimum that is above 8% so they should be chosen.

5 0

3 years ago

Write down the characteristics which had the highest poverty rate in 2016?

adoni [48]

Answer:

Follows are the solution to this question:

Explanation:

The poverty rate is the proportion of those whose income falls below the poverty line, as well as, the official poverty level of 2016 was 12.7% when half of the median family income for the overall population. Below are the highest poverty level features in 2016:

Desire to share exposure to food and clean water.
Entry to living standards or jobs is little to no.
Conflict.
The unfairness.
Wretched schooling.
The shift in the atmosphere.
Transportation deficit.
The government's limited capacity.

3 0

3 years ago

The "over-the-counter" market received its name years ago because brokerage firms would hold inventories of stocks and then sell

Svetradugi [14.3K]

Answer:

false

Explanation:

Over-the-counter refers to the process of how securities are traded for companies not listed on a formal exchange. Securities that are traded over-the-counter are traded via a dealer network as opposed to on a centralized exchange.

5 0

3 years ago