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guapka [62]
3 years ago
6

What best describes the economic interaction between early colonists and native americans?

Business
1 answer:
OlgaM077 [116]3 years ago
6 0
The earliest economic interactions were mostly in the form of trading goods. The natives would help them hunt or gather or help with growing food, and in exchange the colonists would give them things like blankets, clothes, household items, and guns which were very popular because the natives had still been using bows and arrows and spears to hunt.
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The process of evaluating and planning for long-term investments is called budgeting.
vekshin1
Answer is Capital Budgeting
Reason
Evaluating and planning for long term investments and risk of future cash flows is capital budgeting.
6 0
1 year ago
True or false: a minimum wage below $10 per hour is a binding minimum wage in this market.
BaLLatris [955]
It's FALSE.


To be able to make the minimum wage be binding, an expert in economics calls it a minimum gross to prevent the industry market from accomplishing equilibrium a binding smallest amount wage.
It must be set above the equilibrium gross. However, below or at least $10 per hour would not be binding.
7 0
3 years ago
Read 2 more answers
Let's say that you make the the following journal entry: Debit Inventory $2,000 Credit Cash $2,000 How does this journal entry a
koban [17]

Answer:

No net affect: There is both an increase in Assets and a decrease in Assets

Explanation:

The journal entry is as follows

Inventory Dr $2,000

    To Cash $2,000

(Being the inventory is purchased for cash is recorded)

This journal entry states that the inventory is purchased for cash. The inventory is purchased that increases the asset and on the other side the cash is paid for the purchase of increased which decrease the asset

So, there is no impact on the asset side or accounting equation

8 0
3 years ago
If Sam invested $3,000 and he earned $300 over six months, the principal is _____.
harkovskaia [24]
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3 years ago
A relatively mild period of falling incomes and rising unemployment is called a(n)?
Novosadov [1.4K]

A relatively mild period of falling incomes and rising unemployment is called a <u>recession</u>.

What is recession?

  • A recession is a significant, widespread, and prolonged downturn in economic activity.
  • Because recessions often last six months or more, one popular rule of thumb is that two consecutive quarters of decline in a country's Gross Domestic Product (GDP) constitute a recession.
  • Recessions typically produce declines in economic output, consumer demand, and employment.
  • A recession is a significant, pervasive, and persistent decline in economic activity.
  • Economists measure a recession's length from the prior expansion's peak to the downturn's trough.
  • Recessions may last as little as a few months, while the economic recovery to the former peak can take years.
  • An inverted yield curve has predicted the last 10 recessions, along with a couple that never materialized.
  • Unemployment often remains high well into an economic recovery, so the early stages of a rebound can feel like a continuing recession for many.
  • Countries around the world use fiscal and monetary policies to limit the risks of a recession.

To know more about recession, refer:

brainly.com/question/1417711

#SPJ4

6 0
1 year ago
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