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alexdok [17]
3 years ago
6

What are the potential benefits of moving from a command economy to a market-based system?

Business
1 answer:
Nataly_w [17]3 years ago
3 0

Some benefits citizens of a centrally planned economy derive from a move toward market based system are: Greater efficiency of resource use. Determines the types of goods and services to be produced the method in which they will be produced and the allocation of finished products.

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Three Economic Concepts: Summary of your group discussion:
lesya692 [45]

Answer:

orange: scarcity, supply and demand, costs and benefits yellow: how do sanctions affect Russia's economy?, why are there sanctions in Russia?, who's or what's the cause of the sanction? blue: Russia could have issues with veto and passing laws. They had too much stuff to watch out for and needed more resources. Wanted to be smart with their decisions. (I tried my best sorry if I messed up somewhere forgive me :-;)

Explanation:

6 0
2 years ago
Which of the following is a correct statement of one of the rules for converting net income to the cash flow from operating acti
Kitty [74]

Answer:

The correct option is increases in current liabilities are added to net income.

Explanation:

The rationale for adding increases in current liabilities is that the increase in current liabilities represents cash that should have been paid but retained in the business,hence it is an increase in cash inflow.

The opposite is the case for reduction in current liabilities as the reduction denotes that cash of the business has been used in paying the creditors,hence cash has gone down.The appropriate treatment would to subtract the reduction in current liabilities

7 0
3 years ago
In the __________ method, the manager keeps a written record of both favorable and unfavorable actions performed by an employee
erica [24]

In the critical incident method, the manager keeps a written record of both favorable and unfavorable actions performed by an employee during the entire rating period.

<h3>What is critical incident method?</h3>

Critical incident method is an appraisal methods used for an employee.

The technique helps to check and analyze the behavior of an employee in a given company over a period of time.

This record can help to take critical actions and make important decision regarding the employee. It can also serve as pointer and reference for future decision.

Therefore, In the critical incident method, the manager keeps a written record of both favorable and unfavorable actions performed by an employee during the entire rating period

Learn more on critical incident below

brainly.com/question/1190099

#SPJ1

5 0
2 years ago
Prison contain only felony criminals. true or false?
alex41 [277]
"A felony conviction, like a misdemeanor conviction, may not result in time behind bars. But felonies carry potential imprisonment that ranges from time in prison (a year is often the low end) to life in prison without parole or even death." So the answer is true
6 0
3 years ago
When the fed buys government bonds, the reserves of the banking system a. decrease, so the money supply increases. b. decrease,
Advocard [28]
<span>When the fed buys government bonds, the reserves of the banking system :C. </span><span>increase so the money supply increases
</span><span>
when the feds buys government bonds, the money will be transferred to citizens who sell the bond. This citizens will put some of the money in the banks which will increase the reserve in banking system and will spend some of it to buy products which will increase the money supply </span>
3 0
4 years ago
Read 2 more answers
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