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3 years ago

What are the short-run economic effects when u.s. firms substitute labor outside of the u.s. for labor inside the u.s.?

1 answer:

4 0

<span>There will be a rise in employment and drop in the unemployment rate. It will be ideal for the US economy as the economy is driven on consumerism. More people with jobs means more spending. This will improve the GDP forecast and overall strengthen the broader economy.</span>

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Which two actions will help you get the most benefit from an informational interview?

grandymaker [24]

Answer:

Which two actions will help you get the most benefit from an informational interview? The answer is B and E.

6 0

3 years ago

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What made Germany bitter after World War I?

melomori [17]

Answer:

Treaty of Versailles

Explanation:

The terms which caused the most resentment in Germany were the loss of territory, the war guilt placed solely on Germany, the deliberate effacement of the German military and the demands of reparations.

Answered by NONE other than the ONE & ONLY #QUEEN herself aka #DRIPPQUEENMO!!!

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2 years ago

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Fully explain the differences between the following, using examples: a. Trade-offs and Opportunity Cost b. Normative and Positiv

Natali [406]

Answer: See explanation

Explanation:

a. . Trade-offs and Opportunity Cost.

A trade-off occurs when an increase in a particular thing brings about a reduction in another thing. It involves reducing a particular resource in order to increase another resource.

Opportunity cost is the loss on a potential gain when one chooses something else.

b. Normative and Positive Economics

Normative economics is when the focus of a particular economy is about fairness and what should be right. It is based on the judgement of individuals or their opinions.

Positive statement is a statement that's backed by facts. It is a statement that's said to be true.

c. Consumer Goods and Capital Goods

Consumer goods are the goods that are consumed by individuals in order to satisfy their current wants.

Capital goods are the goods that are used to produce other goods. They are not wanted for immediate consumption but rather used for production process.

d. Resource Markets and Product Markets

A resource market is referred to as a market where a particular business can buy the resources that it need for its production process.

A product market is the market where goods are traded. In such market, one can buy goods like cars, fans, etc

e. Free Market, Mixed and Centrally-Planned

Free market is a market whereby the individuals and the firms are the one controlling the resources in such market. Prices are determined in such market based on the interaction that occurs between the demand and supply. There's minimal intervention from the government in such market.

Command economy can also be called a planned economy and it is the economy whereby the allocation off goods and the services for that economy is down by the government.

Mixed economy is an economy whereby all the economic agents like the individual, the firms and government all play a role in the production and also the distribution of goods and services.

8 0

2 years ago

A formal written document that describes the nature of a business and how it will operate.

scoray [572]

A business's business plan is a formal written document that outlines the nature of the business and how it will function.

A strategic document that encapsulates your plans for your company is the business plan. It enables you to assess whether your ideas are feasible and whether there is a demand for your goods or services.

Summary/Overview is the main section of the business plan.

A succinct but clear argument (a few phrases or paragraphs) outlining why the company will succeed. The Business Plan's most crucial component since it ties everything together.

<h3>What constitutes a business plan's $7$ components?</h3>

Here is a list of the seven key elements of a business plan and what it should contain, despite the fact that plans vary as much as enterprises do.

Brief summary.

Business Description.

Services and goods.

Market research.

Organizing and Executing Out

Business and its management team.

A plan and estimated costs.

To learn more about Business plan, visit:

brainly.com/question/8119526

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5 0

1 year ago

Determine the finance charge using the previous balance method. The account balance on April 1st is $50.51. On April 15th, a pay

Sedbober [7]

Answer:

$0.7577

Explanation:

The computation of the finance charge is shown below:

Finance charge = The account balance × monthly rate

where,

The account balance = $50.51

Monthly rate = 18% ÷ 12 months = 0.015

So, the finance charge is

= $50.51 × 0.015

= $0.7577

We simply multiplied the account balance with the monthly rate so that the finance charge could come

All other information is not relevant. Hence, ignored it

5 0

2 years ago