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anygoal [31]
3 years ago
11

What is Economy? In your own words pls

Business
2 answers:
adoni [48]3 years ago
8 0
<span>the process or system by which goods and services are produced, sold, and bought in a country or region.</span>
Tanzania [10]3 years ago
4 0
The countries wealth and resources especially the production and consumption of goods and services 

also  economy is an area of the production, distribution, or trade, and consumption of goods and services by different agents in a given  country or region 
Economy is three types<span> planned </span>economy<span>, market </span>economy<span> and mixed </span><span>economy</span>
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It is DN took the test thank me later
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Suppose a customer is unable to pay its account on time, so the company accepts a six-month interest-bearing note receivable to
BartSMP [9]

Answer:

B) No change in total assets.

Explanation:

Since it is given that the company accepts a six-month note receivable so that it replaces the account receivable of the customer. Due to which there is an increase in note receivable and a decrease in account receivable.  

Since the increase and the decrease is taking place in the assets that reflects there is no change in overall total assets

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3 years ago
Ramone has recently started working at an accounting firm. To get him up and running quickly, the firm has paired him with an ex
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Answer:

<h2>In this case,the correct answer would be option c. or mentoring.</h2>

Explanation:

In any organisation,learning and development through mentorship constitutes acquiring new skills,knowledge and experience through a close relationship or association with someone who is more professional,experienced and established in a particular area of work or expertise.Mentorship basically includes close observation of the work methods,learning through imitation,following certain instructions and guidance from the mentor,obtaining support on various tasks and activities,incorporating valuable advice and recommendations in various activities and functions and so forth.In this particular instance,the firm has paired the employee with an experienced accountant to accelerate his work speed and enhance work efficiency or productivity through proper guidance,support and training obtained from the experienced accountant.Therefore,the firm expects improved work efficiency,enhancement of work performance and increased work speed through mentorship learning.

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3 years ago
The prevailing budget philosophy prior to Keynes called for a balanced budget. Keynes argued that the government should not bala
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The period which <em>Keynes argued</em> that the government should not balance its budget but instead have budget DEFICITS was during:

  • <u>D. Economic recessions.</u>

According to the given question, we are asked to show the period which <em>Keynes argued</em> that the government should not balance its budget but instead have budget DEFICITS.

As a result, we can see that Keynes, one of the fathers of economics stated that it was <em>important</em> for the government to have budget deficits so that they could adequately navigate through the economic recessions at that periiod.

Therefore, the correct answer is option D

Read more about Keynesian Economics here:

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2 years ago
the body that determines how taxes will be used to support schools, what will or will not be taught, and the length of the schoo
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The body that determines how taxes will be used to support schools, what will or will not be taught, and the length of the school day and year is the .  <u>state legislature.</u>

<u></u>

State Legislature is the frame that determines how taxes will be used to aid colleges, what is going to or will no longer learn, and the length of the college day and year.

The protection and control of public schools is essentially the duty of the state legislature. The formation, choice, and manage of the curricula, educational techniques, and substances used in schools are all relatively prompted with the aid of the states.

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