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3 years ago

Which best describes the difference between economic and social policies?

Business

2 answers:

Alex17521 [72]3 years ago

5 0

Answer:

4. Economic policies manage taxes, while social policies provide public assistance.

Explanation:

Social policy:

The services like social service ,wale fare states are the social policies .These policy are usually within a political setting or governmental setting.

Economic policy:

These are the policies which sets levels of government budget, interest rates, money management and national ownership.Like collection of taxes.

So the option 4 is correct.

4. Economic policies manage taxes, while social policies provide public assistance.

slega [8]3 years ago

3 0

Answer:

d on edge 2020

Explanation:

D)Economic policies manage taxes, while social policies provide public assistance.

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xenn [34]

In order to find Net Income as per traditional income statement, we will first require to calculate cost of goods sold as below:

Beginning Merchandise Inventory................................................24000

Add: Purchases..................................................................................180000

Less: Ending Merchandise Inventory...........................................(44000)

Cost of Goods Sold............................................................................160000

Traditional Income Statement

Sales................................................................................................................600000

Less: Cost of Goods Sold..........................................................................(160000)

Gross Profit....................................................................................................440000

Less: Selling and Administrative Expenses

Variable Selling Expense.........................................................80000

Variable Admin Expense............................................................40000

Fixed Selling Expense.................................................................40000

Fixed Admin Expense...................................................................30000

Total .......................................................................................................................(190000)

Net Income.............................................................................................................250000

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4 years ago

Read 2 more answers

Barney decides to quit his job as a corporate accountant, which pays $10,000 a month, and goes into business for himself as a ce

Yuliya22 [10]

Answer:

A. $125

(Supplies + Electricity)

B. $10,300

(Salary lost + Rent amount lost)

C. $10,425

(Add them together)

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3 years ago

When the government transfers resources to the poor in the form of a good or service, it is called?

Airida [17]

When the government transfer resources to the poor in the form of a good or service it is called an in-kind transfer.

Many countries government provide large in-kind transfer resources to the poor in the form of a good or service. These transfers are commonly referred to as government redistribution programs, presumably from the wealthy to the poor.

The term in-kind transfers generally refers to goods, services, and transactions not involving money or not measured in monetary terms are transferred to the needy.

Hence, the in-kind transfers is based on the idea that governments want to target transfers to the needy.

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1 year ago

In the forbes article, kotlikoff explains that saving and investing decisions should be guided by?

vladimir2022 [97]

In the forbes article, kotlikoff explains that saving and investing decisions should be guided by strategies that maximize expected utility.

Saving can mean a variety of things to various people. Some believe that it requires making a bank deposit. Investing in stocks or making contributions to a retirement plan are some more definitions. Conversely, according to economists, saving is the act of using less of a specific amount of resources today in order to consume more later. So, the choice to delay consumption and put that delayed consumption in an asset is what is meant by saving.

Saving is either deferred consumption or revenue that is not spent. Putting money aside in various accounts, such as a savings account, a pension account, an investment fund, or in cash, counts as a saving strategy. In order to save, expenses like recurrent charges must be reduced.

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2 years ago

George Washburn had earnings from his salary of $34,000, interest on savings of $800, a contribution to a traditional individual

elena-s [515]

Answer:

$33,900 (none of the options given in the question are correct).

Explanation:

George's adjusted gross income (AGI) will include his personal earnings from his salary, the interest that he has earned from savings, and the dividends that he got from mutual funds, but it will not include his contribution to his individual retirement account, because individual retirement accounts are not included in AGI.

Therefore, George's AGI is equal to:

$34,000 + $800 + $600 - $1,500 = $33.900

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3 years ago