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3 years ago

Which accurately reflect the role of government in a mixed market economy?

Business

1 answer:

Anna [14]3 years ago

3 0

Answer:

The most suitable answers are,

A) The government promotes competition between businesses.

B) The government owns or partially owns some businesses.

Explanation:

In a mixed market economy, bother government and the private sector plays an important role in the economy. Moreover, government tends to regulate the economy and it's activities to ensure a smooth flow.

In addition, both state owned and privately owned corporations present as well.

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A forecast is defined as a(an) Select one: A. set of observations on a variable measured at successive points in time. B. quanti

Brilliant_brown [7]

Answer:

The correct answer is option C.

Explanation:

Forecast is the prediction of future values of a time series.

Forecast in literal sense means prediction or estimate.

Forecast is based on the examination of a systematic data in time series, which reflects some past behavior and future predictions are made on the basis of that.

Time series can be described as the sequence of observations regarding a variable which is recorded over a certain time period.

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3 years ago

Which type of financial statement should you look at if you want to see a company's profits and losses over a specific period of

Tju [1.3M]

I believe the answer is D

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3 years ago

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Kim, Chris, and Beth are all partners in a cosmetics firm. Kim is leaving the partnership and wants to sell her shares of the bu

Tju [1.3M]

Answer: Joint Tenancy

Explanation:

Based on the information that is given in the question, the form of concurrent ownership that applies is the joint tenancy.

Joint tenancy occurs when two or more individuals own thesame property. As a result, the joint tenants that is, the individuals who own the property share an equal ownership and also have equal right on the property.

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2 years ago

Ezmerelda jewelers has a marginal tax rate of 32 percent and an average tax rate of 20.9 percent. if the firm owes $34,330 in ta

lora16 [44]

Ezmerelda jewelers have a marginal tax rate of 32 percent and an average tax rate of 20.9 percent. if the firm owes $34,330 in taxes,

$164,258 taxable income.

Taxable income = $34,330 / .209 = $164,258.37

There are two main types of taxes: direct taxes and indirect taxes. Both tax implementations are different. Some are paid directly, such as reduced income tax, corporate income tax, and wealth tax, while others are paid indirectly, such as consumption tax, service tax, and consumption tax.

Ensuring federal, state, and local governments function properly and provide the services they need. Individual governments have specific focuses, and overall spending on things like defense and social security is in the hands of the federal government.

Learn more about tax here

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3 0

1 year ago

Suppose the nominal GDP is $25 million, the price level is 1.25, and the central bank has set the money supply at $10 million. W

lidiya [134]

Answer:

a) real GDP =$20,000,000

b)velocity of money is 2.50

Explanation:

Nominal GDP is normal spending carried out in terms of dollars.

Nominal GDP is the product of real GDP and price level

Nominal GDP= real GDP*Price level

Given the nominal GDP=$25 million and the price level =1.25 then,

$25000000=real GDP *1.25

$25000000/1.25 = real GDP

$20000000= real GDP

Apply the quantity equation in economics which is;

money supply*velocity of money =price level * real GDP

Given the money supply is=$10,000,000 then,

velocity of money = (price level*real GDP)/money supply

velocity of money = (1.25*20,000,000)/10,000,000

velocity of money =2.50

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3 years ago

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