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disa [49]
3 years ago
9

As referenced in the Left-to-Right Economic Spectrum of Faces in the Economy chapter, which of the following peeps is the furthe

st left on that economic scale? Select one: a. King Abdullah of Saudi Arabia b. Nicolas Maduro of Venezuela c. Xi Jinping of China d. Vladimir Putin of Russia e. The flag of Sweden f. Emmanuel Macron of France g. Donald Trump of USA
Business
1 answer:
Marta_Voda [28]3 years ago
5 0

Answer:

The correct answer is letter "B": Nicolas Maduro of Venezuela.

Explanation:

The left-wing in politics is characterized by following pure communism, socialism, fascism, and anarchy ideas to rule a country. Even if the economy is regulated by the government under these societies promoting equal treatment moreover among the lowest economical stratus, human rights tend to be violated.  

Dictator Nicolas Maduro (born in 1962) took Venezuela's government after the decease of his predecessor Hugo Chavez (1954-2013). Under Maduro's mandate, Venezuela has an <em>inflation rate of 200,000% and the country's economy has contracted 35%</em>. Millions of Venezuelans have left the country because of the shortage of basic staples in the country and the lack of assistance to the masses' needs.

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Which of the following relies the most on the health of the economy?
guajiro [1.7K]

Answer: Trade Industries

Explanation:

Trade industries survive as long as people and businesses can afford to trade goods and services. If entities are unable to afford consumption for a reason such as a decline in income, the trade industries will suffer.

When the economy is not healthy, income levels of people will reduce and so trade industries will suffer as opposed to a healthy economy where entities can afford goods and services which will ensure the survival of trade industries.

8 0
3 years ago
A company has the following balances in its asset accounts: Cash, $750; Accounts Receivable, $125; Equipment, $2,000; Supplies,
SCORPION-xisa [38]
It would be, 750 + 125 + 2,000 + 875 so the company's total assets is  3,750$
Hope this helps!  
8 0
3 years ago
Read 2 more answers
A rise in the domestic real interest rate would cause a ________ in net exports and a ________ in the exchange rate.
Kisachek [45]

A rise in the domestic real interest rate would cause a fall in net exports and a RISE  in the exchange rate.

In general, businesses and consumers spend less when interest rates are high. This is because borrowing money costs more when interest rates are high. As a result, companies frequently turn to the stock market to raise money, which can cause stock values to decline.

An increase in interest rates causes the local currency to appreciate. In comparison to domestic goods and services, import prices decline. Exports see a decline in profitability and competition. Exports decline while imports rise, reducing the net export portion of total demand and spending.

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5 0
1 year ago
Why is a higher interest rate important when saving money
QveST [7]
The answer I think is D or A
4 0
3 years ago
Read 2 more answers
A civil engineer who owns his own design/build/operate company purchased a small crane 3 years ago at a cost of $65,000. At that
serg [7]

Answer and Explanation:

The computation is shown below:

a. The value of P is $31,000 i.e. equivalent to the estimated value of the current market value

b. The value of n is 3 years

c, The value of S is $18,000 i.e. equivalent to the estimated value of the market

d. The AOC value is $21,000 per year i.e. equivalent to the M&O cost

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