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Alja [10]
3 years ago
6

Economists emphasize importance equilibrium markets because

Business
1 answer:
aalyn [17]3 years ago
3 0
Because the conduct of purchasers and merchants will naturally manage the market toward the balance cost and amount. 
Economic equilibrium is a condition or state in which financial strengths are adjusted. Financial harmony may likewise be characterized as the time when supply measures up to interest for an item, with the balance cost existing where the theoretical free market activity bends cross.
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Terrell urgently needs to take care of some personal business using the internet, but he is afraid that he might jeopardize his
blsea [12.9K]

The answer is electronic monitoring.  

In corporations, it is not uncommon to find this policy. What it means is that every single Internet activity that you choose to engage in while using the company’s electronic equipment and Internet connection would be recorded by the company. The purpose of this policy is to discourage employees from using company resources for personal gains.

6 0
3 years ago
The Laffer curve shows the relationship between tax rates and ____________ and depicts the benefits of cutting taxes when tax ra
MrMuchimi

Answer: tax revenue

Explanation:

The Laffer Curve was developed by Arthur Laffer and it depicts the relationship that exists between the tax rates and tax revenue.which the government collects.

The curve is typically used to show that there can be an increase in the total revenue for an economy when the tax rate is reduced.

7 0
3 years ago
Consider two of the income security programs in the United States: Temporary Assistance for Needy Families (TANF) and the Earned
Harrizon [31]

Answer:

a. When a woman with children and very low income earns an extra dollar, she receives less in TANF benefits. This feature of TANF will cause the labor supply of low-income women to be <u>LOWE</u>R. One of the most important characteristics of TANF is that as the beneficiary starts to earn money, they start losing benefits. The more money they earn, the less benefits they receive.

b. The EITC provides greater benefits as low-income workers earn more income (up to a point).

<u>True</u>

This feature of EITC will decrease the labor supply of low-income workers. <u>b. False</u>

Earned income tax credit (EITC) is a refundable tax credit aimed at low income workers (and low middle income workers) with children. The tax credit received by the beneficiaries of this program depend on their income levels and number of children. E.g. during 2020, the EITC for joint filers earning up to $52,493 and having 2 children is $5,828. This program increases the labor supply of low income workers, it doesn't decrease it. If you do not work, you do not receive EITC.

4 0
3 years ago
A resident owns and lives year-round in a cottage in a lakefront community. The resident's ownership of the cottage is in fee si
iogann1982 [59]

Answer: a condominium.

Explanation:

A condominium refers to a large property complex that is made up of individual units where each unit is separately owned.

The onwer of a condominium owns the air space that is inside their own condominium but sharing an ownership interest in the stairwells, the floor, sidewalks and other exterior areas. It should also be noted that the yards, and other recreation facilities are owned jointly.

6 0
3 years ago
The level of aggregate supply in the long-run is not affected by________. A. Changes in the capital stock. B. changes in the num
NemiM [27]

Answer: C. Changes in the price level

Explanation:

In the long run only change in capital, change in the amount of labour and technological changes affects the level of aggregate supply because everything in the economy is assumed to be used optimally. Therefore, on a LONG RUN price level does not affect the level of aggregate supply.

3 0
3 years ago
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