Answer:
D. They provide the four factors of production and spend money on the product market.
Explanation:
In circular flow of business, all the players namely; household, government agencies, firms and others in an economy have an important role to play.
The level of a nation's employment status, price level and income are determined as a result of various interactions among firms/businesses, household and government agencies.
When a unit spends money, it becomes the income of another unit. Household goes to market with their monies to buy goods and services, while firms goes to the factor market to buy the resources, which are owned by the household, to produce the goods and services.
As for the government agencies, they collect taxes on the goods and services produced and on income(both household and firms) . Government also buys goods and services inorder to produce specialize goods.
Through these interactions, money and business changes hands from the household to the firm and then to government. It goes back to the household and the list goes on and on.
A simple
Keynesian model follows four principles:
<span>1. Accumulated
expenditures, income, and output are the same.
2. All input of spending into the economy must equal
all withdrawals
3. Investment is an input.
4. Saving is a withdrawal</span>
<span>
According to Keynesian analysis, of households intend to save more, they
will become poorer. The theory about Keynesian analysis applies to
economic where an increase in savings decreases the circular flow of income. S
when the households save more, they are reducing the stream of income for other
households and therefor diminishes the overall economic activity.</span>
Answer:
Early precautionary measures of trouble ahead can not be issued.
Explanation:
Since a strategic strategy maps out a path for the organisation to follow, it will enable it tighten its attention in order to get somewhere. Therefore, strategic preparation will help the organisation create the best priorities and strategies and help others concentrate their energies on achieving them.
Answer:
d. dismissing all managers who fail to achieve operational goals specified in the budget
Explanation:
The budget, no matter how well it's done, It's a forecast.
Price can change without the company being able to intervene, the same goes for consumer demand, foreign currency rates changes, and other variables in the budget.
Having that in mind, the accounting can measure the variance and check the efficiency and price influence in the result below expected.
Therefore, dismiss immediately after not achieving a goal is not the purpose of a budget
