1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Dmitrij [34]
3 years ago
6

Consider a market in which the government imposes a price floor. Assume that neither supply nor demand is perfectly elastic nor

perfectly inelastic. Which of the following groups will always gain from a price floor? A. The government B. Society as a whole, because total surplus will Decrease C. No group will always gain from a price floorD. Consumers
Business
1 answer:
Nikitich [7]3 years ago
8 0

Answer:

C. No group will always gain from a price floor

Explanation:

You might be interested in
What does this sign mean?
sergiy2304 [10]

Answer:

Pedestrian : A person who walks on foot rather than in vehicles.

4 0
3 years ago
Use the drop-down menu to complete each statement. The property in a mixed market economy likely is . Most of the property in co
spin [16.1K]

1. Private and public

2. Government

3. less

7 0
3 years ago
Read 2 more answers
Part 1 Household consumption, which accounts for about _______% of the economy, grew at a 4.2% annualized rate during the second
kykrilka [37]

Answer:

1) Household consumption, which accounts for about <u>68%*</u> of the economy, grew at a 4.2% annualized rate during the second quarter of 2016.

*Data obtained from federal government sources.

2) Since household/consumer spending (consumption) represents almost 70% of the nation's GDP, any change will cause a major change in the total GDP. E.g. if consumption increases by 5%, then the whole economy will grow by 5% x 68% = 3.4%.

3 0
3 years ago
The adjusting entry for accrued interest on a note receivable would include a __________ to __________.
poizon [28]
C. The adjusting entry for accrued interest on a note receivable would include a credit to interest revenue
6 0
2 years ago
Describe the shifts in the world economy over the past 30 years. What are the implications of these shifts for international bus
statuscvo [17]

Answer:

There has been a drastic change and shift in the world economy over the past 30 years.

There is a migration from a world where national economies were once self-contained entities, separated and isolated from each other due to some barriers like time zones, distance, government regulations, investments, language and business systems.

During the 1960s, there were four stylized facts that described the demographics of the global economy.

First, the U.S dominated the world economy and the world trade.

The second was the U.S dominance in the world foreign direct investment picture.

Thirdly, was the dominance of large, multinational U.S companies in the international business scene.

Although, the U.S is still dominating world's economy, but it's share of world output and world's export has declined since 1960.

It doesn't spell doom for U.S economy but rather reveals the growth in industralization in developing and growing economies like China, South Korea, India, etc.

Shifts in the world economy can be spotted in the shifts in multinational enterprises.

Two major trends are found in the demographics of the multinational enterprises.

One is seen in the rise of non-U.S multinationals especially the Japanese multinationals.

Secondly, is the emergence of small and medium-sized multinationals.

These shifts are seen in the fall of the Communist in Eastern Europe and the republic of the former Soviet Union.

The implications of these trends are similar to U.S and Britain. These had been the big players in the international scene. But that has changed. To win orders, the U.S and Britain have to compete with competitors around the world.

There is great opportunities for companies in Hong Kong to seriously pursue export market due to the decline in the influence of the U.S and Britain in the world economy.

We can say that we are moving to a world where barriers to cross-border trade and investments are declining, perceived distances are being eliminated due to the advances in transportation and technology and national economies are merging into interdependent, integrated global economic system.

4 0
3 years ago
Other questions:
  • A corporation that uses both debt and equity in its capital structure has concluded that the risk premium it must pay on its com
    12·1 answer
  • The common stock of the C.A.L.L. Corporation has been trading in a narrow range around $125 per share for months, and you believ
    8·1 answer
  • Consider the following hypothetical data for an open economy​ (in millions):
    14·1 answer
  • Equipment with a book value of $84,000 and an original cost of $167,000 was sold at a loss of $34,000. Paid $109,000 cash for a
    10·1 answer
  • General Motors purchased on account a shipment of iron bars from Furnace Inc. and promptly paid within the discount period. Comp
    11·1 answer
  • You’re considering making an investment in a project that will generate $1,000,000 per year indefinitely. To finance this projec
    7·1 answer
  • Creating a budget is about your wishes and hopes for what you want your income to be.
    9·1 answer
  • Someone please I need help
    15·1 answer
  • Pearson Electric Company uses the high-low method to analyze mixed costs. The following information relates to the production da
    9·1 answer
  • For better inventory and distribution, employees should be educated on all of the procedures involved and should be given as muc
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!