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Solnce55 [7]
3 years ago
14

"Macroeconomics is the part of economics concerned with individual units such as a person, a household, a firm, or an industry."

This statement is:
A. positive but incorrect.
B. positive and correct.
C. normative but incorrect.
D. normative and correct.
Business
2 answers:
aleksandrvk [35]3 years ago
6 0

Answer:

Positive but incorrect

Explanation:

Macroeconomics is a branch of economics that studies how an overall economy—the market systems that operate on a large scale behaves. Macroeconomics studies economy-wide phenomena such as inflation, price levels, rate of economic growth, national income, gross domestic product (GDP), and changes in unemployment.

On the contrary, Microeconomics is the part of economics concerned with individual units, such as a person, a household, a firm or an industry.

Therefore the statement, "Macroeconomics is the part of economics concerned with individual units such as a person, a household, a firm, or an industry." is incorrect.

Furthermore, a positive statement is a statement based on theories and facts, and can be proven WHILE a normative statement is a statement based on values, judgements and opinions, which makes it subjective.

Therefore the statement is positive but incorrect

Afina-wow [57]3 years ago
3 0

Answer: A. positive but incorrect.

Explanation: The statement is positive but incorrect because macroeconomics does deal with industries, and firms but it is more concerned with the general economics or large scale factors like interest rates, national productivity, national income, Gross domestic product (GDP). This in general is what micro economics entails

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Carlos opens a dry cleaning store during the year. He invests $30,000 of his own money and borrows $60,000 from a local bank. He
kvv77 [185]

Answer:

$30,000

$6,000

Explanation:

Carlos risk = $30,000

Carlos risk of $30,000 is the amount of funds which he had invested in the course of his business which is why Carlos is not considered at-risk for the nonrecourse loan reason been that carlos is not found liable because the loan was not used in the business which makes him to have a risk of $30,000.

$24,000 loss that occured will reduces Carlos’ amount at-risk to $6,000

($30,000 - $24,000)

=$6,000

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In​ Keynes's analysis of the speculative demand for​ money, what will happen to money demand if people suddenly decide that the
Serggg [28]

Answer:

The correct answer is option C.

Explanation:

When the interest rate falls below the normal level, people expect the interest rates to rise in future and bond prices to fall. This causes investors to sell the bonds at present so that they can buy bonds when they are selling at lower prices in future as of result of an increase in interest rates. Money demand will, as a result, will decrease.

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3 years ago
State two benefits a country may gain from immigration.
marysya [2.9K]

Answer:

A country can gain from immigration when immigration is controlled so that immigrants contribute to society. If the immigrants have needed skills and come in appropriate numbers this is good for the country. Also by getting people from all over, they will benefit by having a much richer culture.

Explanation:

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If the physical count of the inventory revealed $158,000 of merchandise on hand and the inventory records reported $163,000, wha
krek1111 [17]

The necessary adjusting entry to record inventory shortage would be:

“Cost of Merchandise Sold debit $5,000; Merchandise Inventory credit $5,000.”

Cost of Merchandise Sold is the cost of goods and services that correspond to sales made to customers. In this case, we need to decrease ending inventory by the quantity of these goods ($5,000) that either were shipped to customers or assigned as being customer-owned under a certain agreement. Meanwhile, the merchandise inventory is the cost of goods on hand and is available for sale ($5,000).

 

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On TV a commercial plays from Progressive insurance. Their spokeswoman, Flo, is extolling the benefits of the Name Your Price to
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cultural elements of a company

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