1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
guajiro [1.7K]
3 years ago
7

"when economists say that money promotes ________, they mean that money encourages specialization and the division of labor."

Business
1 answer:
elena55 [62]3 years ago
5 0
<span>Economists say that money promotes efficiency. In this sense economists are arguing that money encourages specialization/division of labor. This makes sense in terms of people having the desire to earn more money. With money comes many valuable aspects of life. In order to make more money, individuals are encouraged to find and develop job security, which can be attained through specializations.</span>
You might be interested in
The journal entry to record the purchase of merchandise on account for $2,750 with freight of $125 prepaid and added to the invo
emmasim [6.3K]
<span>The journal entry to record the purchase of merchandise on account for $2,750 with freight of $125 prepaid and added to the invoice is : </span>debit Purchases $2,750, debit Freight In $125; credit Accounts Payable $2,875

5 0
3 years ago
Which assumption or principle requires that all information significant enough to affect decisions of reasonably informed users
sladkih [1.3K]

Answer:

The answer is: full disclosure principle

Explanation:

Full disclosure principle in accounting refers to the requirement that businesses are supposed to provide all material information pertaining to their operations to the stakeholders of the business so as to facilitate better decision-making frameworks when evaluating the business.

The going concern principle is based on the assumption that the business will not cease operating in the foreseeable future. The matching principle requires that the expenses incurred in carrying out an economic activity are recorded in the same period as the revenues earned from that activity. The historical cost principle requires assets or liabilities to be recorded at their acquisition value.

7 0
3 years ago
A major conflict of interest between top executives and owners, is that top executives wish to diversify the firm in order to ,
lutik1710 [3]
For the answer to the question above, I think the answer is because they want <em><u>"</u></em><u><em> to</em></u><u><em> </em></u><span><u><em>reduce their employment risk; increase the company's value" </em></u>that's why they want to diversify</span>
I hope my answer helped you. Have a nice day!
6 0
3 years ago
Your neighbor, Bayonetta, offers you an investment opportunity which will pay a single lump sum of $2,150 four years from today.
Olenka [21]

Answer:

18.24%

Explanation:

Annual rate of return is used in determining the return on an investment over a 12 month or one year period.

Annual rate of return = [(future value / cost ) ^( 1/n) ] - 1

future value = 2150

present cost = 1100

n = number of years = 4

(2150 / 1100)^(1/4) - 1 = 0.1824 = 18.24%

3 0
2 years ago
For a given level of significance, if the sample size is increased, the power of the test will increase.
Andru [333]
The answer is True. You have more samples, the result is more accurate.
3 0
3 years ago
Other questions:
  • What is a criterion for adaptation when dealing with individuals, firms, or authorities in foreign countries
    5·1 answer
  • he results for the variable gender show that ______. Multiple Choice gender and months of service are correlated females average
    6·1 answer
  • What is a good question to ask during an informational review?
    5·2 answers
  • Investors require a return of 13 percent on the stock for the first three years, a return of 11 percent for the next three years
    14·1 answer
  • Strong language often means
    9·2 answers
  • Personal finance skills have the most significant impact on an individual’s
    5·1 answer
  • Under the Uniformed Services Employment and Reemployment Rights Act of 1994, employers must reemploy workers who left jobs to fu
    12·1 answer
  • The​ company, suppliers,​ distributors, and customers who open double quote partnerclose double quote with one another to improv
    7·1 answer
  • Select the correct answer.
    14·1 answer
  • Historically, the ________ risk an investor is willing to accept, the ________ the potential return for the investment.
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!