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
N76 [4]
3 years ago
5

Jim says, "I think it's a little like when you have a cold or the flu. You don't need to see a doctor. In time, your body heals

itself. That's sort of the way the economy works too. We don't really need government coming to our rescue every time the economy gets a cold." According to Jim, how does the economy work? (Be sure to read the chapter prior to attempting this discussion question).
Business
1 answer:
marin [14]3 years ago
6 0

Answer and explanation:

Jim possibly believes in self-regulating economies or market economies. These economies are characterized by prices being set by natural forces or the interaction of consumers and producers to determine supply and demand. The intervention of a central planner or the government is not desirable in this type of market. Private property is prioritized.

You might be interested in
A production possibilities frontier can shift outward if
Veronika [31]

Answer:

A production possibility frontier (PPF) illustrates the combinations of output of two products that a country can supply using all of their available factor inputs in an efficient way. One way the PPF can shift outwards is if there is an increase in the active labour supply

3 0
3 years ago
Louise works for a tax firm that caters to individuals and small businesses. Each year when tax season rolls around, the firm is
kondor19780726 [428]

The correct answers for the following questions are:

  • Extranet
  • ED
  • Operating cost.

<h3>Which type of network will best assist the firm?</h3>

An extranet is the type of network that will best assist the firm in receiving and managing documents from clients.

Therefore, Option D is correct.

<h3>Where should Louise place the file server?</h3>

The file server should be placed in an Encryption Device to allow safety while clients are signing into for document management.

Therefore, Option B is correct.

<h3>What is an Operating cost?</h3>

This means the ongoing expenses that are incurred from the normal day-to-day of running a business.

Read more about network

brainly.com/question/24137718

#SPJ1

6 0
2 years ago
Give an example of one good or service produced in the United States using the command model. Justify your example using content
Ymorist [56]

What poster are you referring to? There’s nothing there but the question

5 0
3 years ago
Your parents surprise you with a $500 check. as a result, the u.s. gdp decreases because you have to pay taxes on this income. r
Sidana [21]
I believe that the $500 cheque from your parents has already been counted when it was earned and therefore would neither increase or decrease GDP. GDP is defined basically as  a bulk measure of production that is equal to the sum of all gross values of all units involved in production.
3 0
3 years ago
Why does a​ $1 increase in government purchases lead to more than a​ $1 increase in income and​ spending? A. Through the governm
MArishka [77]

Answer:

D. Through the government purchases​ multiplier, the​ $1 increase in government spending will lead to an increase in aggregate demand and national​ income, which will lead to an increase in induced spending.

Explanation:

We know,

Multiplier = Changing real equilibrium GDP ÷Change of government spending.

If we increase the multiplier, government spending will lead to an increase in aggregate demand that is potential GDP is higher than actual GDP and national​ income, which will lead to an increase in induced spending. Therefore option D is the correct answer as options A, B, and C do not meet the requirements.

8 0
3 years ago
Other questions:
  • Cane Company manufactures two products called Alpha and Beta that sell for $120 and $80, respectively. Each product uses only on
    14·1 answer
  • For some time now, GlaxoSmithKline (GSK), a pharmaceutical company, has been making anti-AIDS drugs available in underprivileged
    12·1 answer
  • _______ is an incentive in conserving both renewable and non-renewable resources.
    12·2 answers
  • In 3 or 4 sentences, explain how increasing the money supply can result in economic growth.
    13·1 answer
  • Review and complete the following statement regarding the Income Summary account. The Income Summary account is (debited/credite
    10·1 answer
  • A company has sales of $375,000 and its net income is 54,250. its gross profit is $157,500. its cost of goods sold equals: a 7.6
    7·1 answer
  • Yesterday, Casey received a cable company ad for bundled TV, telephone, and Internet service that cost appreciably more than wha
    8·1 answer
  • You manage marketing for a small business on a tight budget, yet you need to reach as many people as possible. How can Google Ad
    7·1 answer
  • Mid- and long-term goals are less likely to require adjustments than short-term goals.
    8·1 answer
  • Why is personal finance dependent upon your behavior?
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!