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lianna [129]
3 years ago
9

Society cannot produce all that it wants what is this called

Business
1 answer:
xxTIMURxx [149]3 years ago
5 0
It would be called scarcity.
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US GAAP and IFRS differ on treatment of impairment of tangible assets as follows:
erik [133]

Answer:

A. IFRS, tangible assets are tested only when factors suggest impairment.

Explanation:

The tested of the tangible assets would be based on some kind of changes that are change in the market value, chnage in the technology, rise or reduction in the rate of interest in the market etc

In addition to this, the intangible assets such as goodwill would be testes on annually basis

Therefore the first option is correct

7 0
3 years ago
Fiscal policy is defined as changes in federal ________ and ________ to achieve macroeconomic objectives such as price stability
wariber [46]

Answer:

expenditures and taxes

Explanation:

Fiscal policy refers to a government action to adjust taxes and expenditures to influence economic growth. Taxes are the main sources of income for the government. A rise in taxes increases revenue to the government but lower individual disposable income. High taxes discourage investments and business expansion.

Government expenditure in infrastructure and other projects creates employment and incomes in the economy. Reduced spending by the government may result in a lower aggregate demand. The government uses fiscal policies together with monetary policies to achieve its economic goals.

5 0
3 years ago
Ashton, an appraiser, is estimating value using the sales comparison approach. He applies more weight to two comparables over se
alexandr402 [8]

When Ashton, the appraiser applies more weight to two comparables over several others he used, he is utilizing the: Correlation method.

<h3>What is the Correlation Method?</h3>

The correlation method is the method utilized in the sales comparison approach where more importance is given to two properties being compared against some others.

The sales comparison approach itself is used in analyzing the worth of a property by comparing it to others that have been sold in recent times.

Learn more about the sales comparison approach here:

brainly.com/question/14497595

6 0
2 years ago
When the price of gas goes up and the demand for tires goes down, this means tires and gas are:?
seropon [69]
Tires and gas are products needed for cars. Gas need as fuel for car and tire need as footwear for car. Gas is up and there is no need more footwears for car because these products in machine industry depends from each other.
4 0
3 years ago
Dioxin emission that results from the production of paper is a good example of a negative externality because:
yKpoI14uk [10]

Answer:

Option (c) is correct.

Explanation:

There are two types of externality are as follows:

(a) Positive externality

(b) Negative externality

Negative externality occurs when a third person is affected by the engagement of two parties. It means that there is a reduction in the consumption function of the third person from the production of goods by the other parties.

In our case, a firm which produces paper and from this production of paper there is an emission of Dioxin which affect the consumption of nearest persons or firms.

Therefore, a paper producing firm have to consider all the externality while calculating the total cost.

4 0
3 years ago
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