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meriva
3 years ago
11

Explain the three macroeconomic goals of economic systems

Business
1 answer:
Debora [2.8K]3 years ago
8 0

Answer:

The three major macroeconomic goals of an economy should be economic growth, low unemployment/full employment, and low inflation rates. Economic growth occurs when an economy ‘increases its ability to produce goods and services’

Explanation:

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What are the costs and sources of inefficiency in a barter B apply.) A. Productivity is increased by specialization. B. Each goo
True [87]

Answer:

C)There is increased time and effort spent looking for trading partners.

D)There is a lack of standardization.

E)There is difficulty in accumulating wealth.

Explanation:

barter in a trade can be regarded as a system of exchange that involves exchange of goods and services for another without using money as a medium of exchange. Barter is been considered as 'inefficient' as a result of the needs for 'double coincidence of wants'. For instance in a situation whereby someone is buying particular amount of another's goods, but the payment he/she has is for just one indivisible unit of another good, and the worth is higher than what he/she want to obtain, in this case there won't be barter transaction.

It should be noted that the costs and sources of inefficiency in a barter are;

✓There is increased time and effort spent looking for trading partners.

✓There is a lack of standardization.

✓There is difficulty in accumulating

5 0
3 years ago
I WILL GIVE BRAINLIEST
Alborosie

Answer: Operations manager

Explanation:

7 0
3 years ago
Operation X feeds into Operation Y. X has an effective capacity of 55 units per hour. Operation Y has effective capstracity of 5
finlep [7]

Answer:

A) Overcoming

Explanation:

In this production process the fact that operation Y can only process 50 units per hour while the preceding operation (X) can process 55 units per hour will result in a queue and a capacity constraint.

If operation Y's effective capacity is increased to match operation X's, then the constraint has been overcome.

7 0
3 years ago
Anne is meticulous when it comes to planning her weekly grocery store visits. Before buying anything, she makes sure that she is
vlada-n [284]

Answer:

Anne exhibits high level of product involvement.

Explanation:

Product involvement is the level of consumers interest in the product and the associated relationship of the consumer with the product.

As it is evident from the question that  Anne is well informed about the deals and has interest in knowing about the product before buying it. This indicates the high level of product involvement.

7 0
3 years ago
Publisher problem: Full court press inc buts slick paper in 1525 pound rolls for textbook paper. Annual demand is 1800 rolls. Th
larisa86 [58]

Answer:

C. 2.253

Explanation:

The time between orders in WEEKS in a 52 week year can be calculated as follows

DATA

Annual Demand (D) = 1800 rolls

Cost per roll = $900

Annual holding cost (Ch) = 15% of $900 = $135

Ordering cost (Co) =$225

Solution

EOQ = \sqrt{\frac{2CoD}{Ch} }

EOQ = \sqrt{\frac{2x225x1800}{135} }

EOQ = 78 rolls

Number of orders = 1800/78

Number of orders = 23.077

The time between orders = 52/23.077

The time between orders = 2.253

5 0
3 years ago
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