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kaheart [24]
3 years ago
14

Explain the economic circular flow of activity. Create a graphic that describes how his circular flow of economic activity works

in your household
Business
1 answer:
user100 [1]3 years ago
5 0
I am not really sure sorry..........
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In general, individuals and nations should specialize in producing goods _________ other individuals or nations.
denpristay [2]

Answer: In general, individuals and nations should specialize in producing goods <u>"C. for which they have a lower opportunity cost compared to"</u> other individuals or nations.

Explanation: According to the theory of comparative advantages: Each country should specialize in what is most efficient. A comparative advantage is the ability of one country to produce using relatively less resources than another.

4 0
3 years ago
A store will give you a 2.25% discount on the cost of your purchase if you pay cash today. Otherwise, you will be billed the ful
OleMash [197]

The implicit borrowing rate is 31.4%.
Given that if payment was made in cash today, the store would reduce the cost of the product by 2.5 percent. This implies that the price you must pay at that time is $195.5, for instance, if the cost of the things is perhaps $200.
If the price is still $200, you will have to pay $200 at the end of the month. A difference of $200 - $195.5 = $3.5 if we compare at the end of the month versus if you pay immediately.This results in an increase of (3.5/196) x 100% = 1.79 %. An increase to bring the price back to $200.
Considering that a year has 12 months, the implicit borrowing rate at the conclusion of that year will be;

([(200/195.5)(12)] - 1) at 100% equals 31.4%.

To learn more about the Implicit Borrowing rate please visit -
brainly.com/question/18596505
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5 0
2 years ago
A company has two different products that are sold in different markets. Financial data are as​ follows: Product A Product B Tot
svet-max [94.6K]

Answer:

Effect on income= $400 increase

Explanation:

Giving the following information:

Product A Product B Total

Revenue $ 9,400

Variable cost ​(9,800​)

Fixed cost​ (allocated) ​(2,100​)

Operating income​ (loss) $(2,500​)

Effect on income= operating income - fixed costs

Effect on income= -2,500 + 2,500= 400 increase

3 0
4 years ago
Short-term notes payable: Rarely involve interest charges. Are a conditional promise to pay. Can be issued in return for money b
Stolb23 [73]

Answer:  Can be issued in return for money borrowed from a bank.

Explanation:

Short term notes payable are liabilities issued by a company indicating that they have an obligation to pay a certain amount (including interest) within the a year which makes it a current liability.

It can be issued in lieu of money borrowed from a bank as well as an accounts payable.

4 0
3 years ago
Which of the following changes would bring the U.S. capital stock, currently below the Golden Rule level, closer to the steady-s
Vlada [557]

Answer:

The answer is increasing the saving rate

Explanation:

Increasing the saving rate.

4 0
3 years ago
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