Answer: Government Officials
Explanation: In a command economy, no individuals, business owners & tribal leaders, but the government decides the goods & services for production to be helpful for the country's economy. The government & its officials take a call on -
i. what goods to be produced,
ii. In how much quantity those goods should be produced
iii. at what amount, it will reach the consumers
All productions are controlled & planned by the government, hence it is also called as planned economy.
Answer:
What was the amount of credit sales during May? $ 60200
Explanation:
April Deb Cre May
Account receivable 31200 66400 25000
31200 60200 66400 25000
Credit 66400 +
may-31 25000 +
apri-30 -31200 -
= 60200
Answer:
this is the federal banking system of USA
Most likely, Mary would be charged a higher amount of interest for missing payments, and would be charged more and more the if she continued to miss payments.
Answer:
A) in any particular year, the level of GDP is determined mainly by the level of aggregate expenditure.
Explanation:
The formula for calculating the aggregate expenditure (AE) of an economy is the same used to calculate the gross domestic product:
Aggregate expenditures = consumption + investment + government + net exports (exports - imports)
The main difference between the GDP ans AE is that AE measures the planned consumption, the planned investment, the planned government expenses and the planned net exports.
he equation is: AE = C + I + G + NX. The aggregate expenditure determines the total amount that firms and households plan to spend on goods and services at each level of income.
