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Dmitrij [34]
3 years ago
15

Why is it important to understand economics

Business
1 answer:
Nookie1986 [14]3 years ago
5 0
Macroeconomics is important because it allows the public to understand the economy as a whole, fiscal policy and global economic policy.
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___________ incorporation is defined as extending protections from the Bill of Rights to the state governments, one right at a t
Gnom [1K]

Answer:

Selective incorporation is defined as extending protections from the Bill of Rights to the state governments, one right at a time.

6 0
2 years ago
Ezra runs a gyro stall at the local farmers' market. He would like to expand and open his own shop downtown. He has made the cha
Kaylis [27]

Answer: Economic choices result in trade-offs.

Explanation:

The chart simply purports to show that when making economic decisions, you will have to accept trade-offs because resources are not infinite.

For instance, in order to expand, you will need to take on more financial risk. In that same vein, in order to serve more people, you will have to divide time between two stalls and might end up closing a stall.

Trade-offs simply have to be made.

7 0
3 years ago
Which of the following is an example of internally caused behavior? An employee was laid off because the company was attempting
irga5000 [103]

Answer:

An employee was fired from work because he violated company policy

Explanation:

One of the factor that determine the behavior of people is the way the event arround them is interpreted. Those that can control things arround them usually take responsibility for what they do compare to set of people believing that situation arround them is beyond their control, which is explained in" attribution theory" by Fritz Heider. Internally caused behavior can be regarded as challenging behavioras a result of internal stimuli such as traits, pain and anxiety.

Out of the options given in the question only "An employee was fired from work because he violated a company policy" is an example of internally caused behavior, since the violation is on the path of the employee which is as a result of internal behavior known to him.

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3 years ago
Hourly, blue collar jobs always pay less than salaried, white collar jobs.
mr Goodwill [35]
Im pretty sure its false.
4 0
3 years ago
Read 2 more answers
Schwartz Industry is an industrial company with 100 million shares outstanding and a market capitalization (equity value) of $4
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I have to think again about this answer. I will get back! 2.22
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