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Finger [1]
3 years ago
5

What are the characteristics of the best circular flow of income?

Business
1 answer:
ycow [4]3 years ago
8 0

Answer: The circular flow of income represents money moving through the economy. Circular flow of income can be seen in a situation where households purchase goods and services from firms by using the income they earned from firms by working for them.

Explanation:

Characteristics of circular flow of income are :-

It helps in studying or analysing the problems of disequilibrium.

It helps us in analysing the effects of leakages and inflows/injections hence helps in Taking appropriate policy measure for health of the economy .

Circular flow of income creates a networks of markets .

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In the course of creating an effective business message, excellent business thinkers are most likely to
Irina18 [472]

Answer:

a) make well-reasoned conclusions and solutions ; & b) begin jotting down a rough draft right away to capture their ideas.

Explanation:

Effective Business message should be - complete, clear, concise, concrete, correct, courteous, coherent.

Rough draft is good for brainstorming & initial preliminary creation stage of business message. After having a bunch of ideas : its important to well arrange them in a coherent, clear way & giving complete, concise structure. This implies better understanding of conclusions, solutions.

4 0
2 years ago
Assuming purchase costs are declining and a periodic inventory system is used, determine the statements below which correctly de
Gnesinka [82]

Answer:

A. In a situation where prices are declining, companies using LIFO will report the smallest cost of goods sold.

- This is because LIFO calculates goods sold as Last in, First Out. And since the cost is declining, the last in inventory will have the smallest cost of goods sold.

C. Weighted average cost of goods sold will be between FIFO and LIFO costs of goods sold.

- Whether the cost of goods are rising or falling, this will always be the case.

D. Companies using LIFO will pay higher taxes than companies using FIFO, assuming all else being equal.

- This is because when using LIFO in this scenario, higher profits would be recorded and the tax is paid on profit, thus higher taxes.

F. Companies using LIFO will report the highest ending inventory on their balance sheets (as compared to companies using FIFO or weighted average,)

- This is simply because in this scenario, the LIFO sold the cheaper goods first leaving an ending inventory of the relatively expensive goods unlike FIFO which would have sold the expensive first. Again, emphasis on this scenario of declining cost.

8 0
2 years ago
You are creating a budget for your new buissness what should you include
slavikrds [6]

There are a lot of things that need to be included in a budget, but the two basics are income and liabilities. The reason for a budget is to ensure that you have enough money coming in to pay all your liabilities (aka bills) and have enough to reinvest into your business. You will need to include all your expected income for the budget period and all expenditures such as rent, utilities, payroll, taxes, etc.

Once you have established your budget, it is important for you as a business owner to stick to it.

6 0
3 years ago
There are five different ways that we can measure legal (monetary) damages: 1) compensatory, 2) consequential, 3) nominal, 4) pu
tatuchka [14]

Answer:

Punitive damages are those harms that surpass basic pay and are granted with an expectation to rebuff the respondent. The essential target of reformatory harm isn't to remunerate the oppressed party however to rebuff the gathering that hosts irritated or wronged the bothered get-together.  

Granting punitive damages for penetrate of agreement can conceivably hurt the general public. This is on the grounds that numerous penetrates of agreement can be because of conduct of the culpable party which is neither intentional nor careless. Reformatory harms should just be restricted and material to tort cases and should just be utilized to rebuff those bad behaviors that are conscious and foolish. Anyway utilizing correctional activities to rebuff somebody who has penetrated an agreement because of specific occasions or circumstances that were not in his control will be crooked and uncalled for.  

Punitive damages are semi criminal in nature and ordering and clubbing all break of agreement (despite the fact that not purposeful or not having components of dishonesty, malevolence or wanton) as semi criminal in nature will be in opposition to open arrangement and will hurt the general public.

5 0
3 years ago
"Buy our cell phone with built-in calendar and reminder features! This way you will never forget an appointment while on the go.
Ilya [14]
The correct answer is fears

People are often afraid of being late for important meetings or job interviews or anything similar, so if you buy the cell phone, you have nothing to fear. This is a pretty common marketing strategy.
8 0
3 years ago
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