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4 years ago

The _______ is the act of Limiting the amount of certain goods that civilians can buy

1 answer:

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Rationing is is the act of Limiting the amount of certain goods that civilians can buy. Rationing became common during the Second World War. Ration stamps were often used. These were redeemable stamps or coupons, and every family was issued a set number of each kind of stamp based on the size of the family, ages of children and income.

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Assume that the U.S. population is 300 million. If 70 million individuals are legally classified as unable to work (or are less

Step2247 [10]

Answer: Option (E) is correct.

Explanation:

Given that,

U.S. population = 300 million

Individuals classified as unable to work = 70 million

Individuals classified as unwilling to work = 80 million

Unemployed = 14 million

Labor force = U.S. population - Individuals classified as unable to work - Individuals classified as unwilling to work

= 300 million - 70 million - 80 million

= 150 million

Unemployment rate = $\frac{Unemployed}{Labor\ force} \times100$

= $\frac{14}{150} \times100$

= 9.3%

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4 years ago

Both the Onus ferry operator in the monopoly market and each of the Yuri ferry operators in the perfectly competitive market wil

defon

Answer:

The overview of the given statement is described in the explanation segment below.

Explanation:

Monopoly Market:

The demand curve or market price towards the firm was indeed sloping downhill. MR is also below P and AR.
Therefore, when earnings are maximized, whereby MR = MC has been used. Price is therefore above MR (Marginal Revenue).

Perfectly Competitive Market:

The price shall be calculated whenever market forces are equivalent.
The firm seems to be the fixed price and therefore the individual company market price becomes horizontal.

Thus,

⇒ $AR=P =MR$

Hence,

⇒ $P = MR$

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3 years ago

India has 3 GDP of 23,000 billion Indian rupees, and a population of 1.1 billion. Theexchange rate is 50 rupees per US. dollar.

vekshin1

Answer:

Indian rupee in US dollars = $418

Explanation:

given data

India GDP = 23,000 billion

exchange rate = 50 rupees per US

population = 1.1 billion

solution

we get here GDP per capita as

GDP per capita = India GDP ÷ population

GDP per capita = $\frac{23000}{1.1}$

GDP per capita = 20909 rupees

so here we Convert Indian rupee in US dollars that is with exchange rate

Indian rupee in US dollars = GDP per capita ÷ exchange rate

Indian rupee in US dollars = $\frac{20909}{50}$

Indian rupee in US dollars = $418

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3 years ago

Dollar bills in the modern economy serve as money because

nikitadnepr [17]

Answer:

The reason for this is that the people will accept it as money confidently.

Explanation:

Since the definition of money explains that money can be anything that is accepted by the people and serve as the medium of exchange. However, in the case of a dollar bill, people have accepted it as a medium of exchange.

8 0

3 years ago

What does it mean when we say that individuals as a group are net suppliers of funds for financial institutions? What do you th

Marysya12 [62]

Answer:

Individuals, as a whole, spend less than they make. The excess is provided for financial institutions.

Explanation:

In any market, the cost determines what providers get and what demanders pay. In money related markets, the individuals who supply monetary capital through sparing hope to get a pace of return, while the individuals who request budgetary capital by accepting assets hope to pay a speed of performance. This pace of recovery can arrive in an assortment of structures, contingent upon the kind of speculation.

Members in budgetary markets must choose when they want to devour merchandise: presently or later on. Financial experts call this essential intertemporal leadership since it includes choices crosswise over time.

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4 years ago