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poizon [28]
3 years ago
13

What are the three roles of the government within the economic flow.

Business
1 answer:
Tom [10]3 years ago
8 0
Three really important roles are allocation function, distribution function, stabilization function 

hope this helps:) have a good day and maybe think about brainliest
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Use the starting balance sheet and the list of changes to create an updated balance sheet and to answer the question.
anastassius [24]

Answer: $3,300,000

Explanation:

Accounting formula:

Assets = Equity + Liabilities

Total equity and liabilities on March 31 is:

= Beginning balance - decrease in liabilities + Increase in Equity

= 5,000,000 - 100,000 + 400,000

= $5,300,000

Assets therefore has to be $5,300,000 on the same date.

Assets = New cash balance + Other assets

5,300,000 = (2,200,000 - 200,000) + Other assets

Other assets = 5,300,000 - 2,000,000

= $3,300,000

4 0
3 years ago
The key to success for big and small businesses alike is
garri49 [273]

Answer:

acountability, kill bureaucracy before it starts - more functions, fewer departments, more “teams,” fewer committees, open lines of communication, the customer is everybody’s responsibility, never stop “re-inventing” the business.

Explanation:

8 0
3 years ago
Why do you think average income is an important criterion for development explain.
oee [108]

Average income is important because it tells us the income of an average person and gives an idea about the rising standard of living of people.

Average income is basically income earned per person in a given area in a specific year. More income means more money to fulfill your needs and wants. It is believed that the prosperity of a country depends on it. Money is considered an important factor in the development of a country. If the average income of a country increases there are chances of an increase in the development of that country. If the average income is lower there are fewer chances of development.

A country with high average income is considered rich and low average income country is considered poor. The World Bank also uses the average income to measure the development of any country. Therefore average income is considered a very important criteria for development.

You can learn more about average income at

brainly.com/question/15046941

#SPJ4

7 0
9 months ago
A federal payroll tax that supports retired workers is progressive tax. sales tax. corporate tax. social security tax.
Romashka [77]
<span>social security tax is the answer to ed</span>genuity
3 0
3 years ago
Read 2 more answers
Suppose that in 1984 the total output in a single-good economy was 10,000 buckets of chicken. Also assume that in 1984 each buck
Dvinal [7]

Answer:

a. 62.5

b. 60%

c. $160,000; $352,000

Explanation:

a. Price Index = (Price in year of interest/ Price in Base year) * 100

= (10/16) * 100

= 62.5

b. Rose from 62.5 in 1984 to 100 in 2005

= (100 - 62.5)/62.5

= 60%

c. Using 2005 as the Base year means that the Real GDP will be based on 2005 prices.

Real GDP 1984

= 10,000 buckets * 16

= $160,000

Real GDP 2005

= 22,000 * 16

= $352,000

4 0
3 years ago
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