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Kay [80]
3 years ago
9

A predominant, and often conservative, view of the world economic system today holds that the free market is the ideal mechanism

for ensuring that economic growth is optimal. this same view eschews the role of government. this view is referred to as
Business
1 answer:
Simora [160]3 years ago
5 0
Laissez-Faire Economics?

It's an economic system where the free market exists without government intervention.
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What is total amount spent on wages and salary before any tax is being taken? [those ernings above £40000 are paying 40% income
vodka [1.7K]

Answer: hello your question is open ended hence I will give you a more general answer

answer : $12,000 * number of workers  or $24,000 * number of workers

Explanation:

Income taxes are taxes been levied directly on the  income earned by the tax payer.

According to Tax rules there is a certain amount of income an individual would have to earned before any tax will be taken, incomes below $12,000  are tax free ( for singles ) and $24,000 for married individuals ; Hence the Total amount spent on wages and salary before tax is being taken = $12,000 * number of workers or $24,000 * number of workers . ( unless otherwise stated )

3 0
3 years ago
When the expenditure approach is used to measure GDP, the major components of GDP are:a. consumption, investment, indirect busin
dangina [55]

Answer:

d. consumption, investment, government consumption and gross investment, and net exports.

Explanation:

GDP = PFCE + GFCE + GDCF + NX

By Expenditure method, GDP = expenditure by all sectors of economy - households, private firms, government, rest of world ; i.e :-

Private Final Consumption Expenditure  (Consumption) + Government Final Consumption Expenditure (Government Consumption) + Gross Domestic Capital Formation (Gross Investment) + Net Exports

3 0
3 years ago
One fact about all currency is that it
Deffense [45]

Answer:

Differs amounts between different countries

Explanation:

5 0
3 years ago
Read 2 more answers
Mr. Porter sells 10 bottles of champagne per week at a price of $50 per bottle. He can sell 11 bottles per week if he lowers the
sergey [27]

Answer:

See below.

Explanation:

Solve for bottles at $50:

10 × 50

$500 per week

Solve for bottles at $45:

11 × 45

$495

Mr. Porter would make more money by sticking with selling 10 bottles a week at $50 each. This is because the latter requires him to sell one extra bottle and he will still lose $5.

8 0
2 years ago
Atlantic+bank+is+required+to+hold+10%+of+deposits+as+reserves.+if+the+central+bank+increases+the+discount+rate,+how+would+atlant
ohaa [14]

In this case the Atlantic bank will respond by increasing its bank reserves.

Bank reserves is the minimal amount of cash that financial institutions must keep on hand in order to comply with central bank standards . The purpose of the cash reserve regulations is to make sure that every bank has enough cash on hand to handle any significant and unforeseen demand for withdrawals.

The federal discount rate is the interest rate that the Federal Reserve  bank charges banks to borrow money from it.

A higher discount rate makes it more expensive for banks to borrow, which reduces the amount of money available and reduces investment activity.  In contrast, a decline in the discount rate lowers the cost of borrowing for commercial banks, which increases the amount of credit that is accessible and lending activity across the economy.

To learn more about  bank reserves here

brainly.com/question/16196841

#SPJ4

3 0
1 year ago
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