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emmasim [6.3K]
3 years ago
15

What are the scopes of microeconomy​

Business
1 answer:
MAVERICK [17]3 years ago
7 0

MICROeconomics refers to the effects and purchasing decisions of individuals.

This differs from MACROeconomics which focuses on large scale views of things that affect the economy as a whole like inflation and interest rates.

You might be interested in
Taxation is the oppressive practice of taking other people's hard-earned money." identify the rhetorical device involved here.
____ [38]
Rhetorical explanation or definition. 

Here, the reader is supposed to agree with the author's sentiments and negative opinion of taxation (through the use of the "charged" words such as oppressive and hard-earned). Rhetorical explanations often convey a certain feeling for the reader; here, the reader feels the negative and unjust feelings regarding taxation. 
4 0
3 years ago
If the CPI rises to 150 from 120, then prices have
exis [7]

Answer:

B) risen 25 percent.

Explanation:

The inflation rate is the rate at which overall prices are increasing in the economy in a period. It is expressed as a CPI value.

Given CPI for different periods, inflation can be calculated using the formula below.

Inflation =<u> new CPI - old CPI</u>   x 100

  old CPI

In the case

The inflation rate will be <u>150- 120</u>   x 100

        120

=30/120 x 100

=25%

3 0
4 years ago
Meng Company maintains a $375 petty cash fund. On January 31, the fund is replenished. The accumulated receipts on that date rep
nikklg [1K]

The journal entry to replenish the fund on January 31 is $46.

<h3>What is a replenishment?</h3>

In a journal entry, this refers to refilling up a depleted cash box in a petty cash system.

The replenishment = $375- $190 - $95 - $35 - $9

The replenishment = $46

Therefore, the journal entry to replenish the fund on January 31 is $46.

Read more about replenishment

<em>brainly.com/question/20377345</em>

#SPJ1

6 0
2 years ago
What is an example of a service that can be purchased
ladessa [460]

Landscaping is a good example.

5 0
3 years ago
Read 2 more answers
4. Which of the following statements always apply to corporations? a. Unlimited liability. b. Limited life. c. Ownership can be
Elena-2011 [213]

Answer:

. c. Ownership can be transferred without affecting operations. 

d. Managers can be fired with no effect on ownership.

Explanation:

Corporations are types of business organisation. A corporation is owned by shareholders. Ownership can be transferred by acquiring shares in the company.

Shareholders usually have a limited liability.

Managers are hired by the owners to run the business. Managers can be fired with no effect on ownership because they aren't owners of the company.

Corporations usually have unlimited life.

I hope my answer helps you

4 0
3 years ago
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