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Dahasolnce [82]
3 years ago
5

The Washington, D.C.-based Heritage Foundation survey consists of over 178 countries ranked by degree of economic freedom. The k

ey economic variables considered for this ranking include all of the following except:
Business
1 answer:
DedPeter [7]3 years ago
8 0

Answer:

percent foreign ownership.

Explanation:

The twelve freedoms included in the Heritage Foundation of Economic Freedom index are divided into four main categories:  

Rule of law

  • Property rights
  • Judicial effectiveness
  • Government integrity

Government size

  • Tax burden
  • Government spending
  • Fiscal health

Regulatory efficiency

  • Business freedom
  • Labor freedom
  • Monetary freedom

Open markets

  • Trade freedom
  • Investment freedom
  • Financial freedom
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Which of the following best explains why resources need to be allocated in the game of economic? A) Natural resources are often
Sladkaya [172]

Answer:

The best explanation for the need to allocate resources in the game of economics is that:

C) There are not enough resources to produce all of the goods and services that everyone wants.

Explanation:

In economics, it has been established that human needs are insatiable and that the resources to meet the needs are not readily and sufficiently available.  This is the bedrock of Economics.  It is the reason that Economics is studied as a separate course.  Scarcity and needs are important concepts in human interactions.  Therefore, the ability to allocate scarce resources to enable the production of goods and services is key to human development.

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2 years ago
An industry has 5 firms. Firm A has 30% of the market, Firm B and Firm C each have 25% of the market, Firm D has 15% of the mark
stiks02 [169]

Answer:

2400

Explanation:

The HHI is calculated by squaring the market share of each firm in the industry.

30² + 25² + 25² + 15² + 5² = 2400

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3 years ago
Conducting research about an occupation, company, or job can increase your employability. Please select the best answer from the
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Your answer will be true! good luck
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3 years ago
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A local chamber of commerce plans a seminar on ""the social responsibility of business in our community. "" what does the term r
Mashcka [7]

A local Chamber of Commerce plans a seminar on “the social responsibility of business in our community.” What does that term reference?

( The expectations that the community imposes on firms doing business inside its borders.) correct answer of your question ✅
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2 years ago
Discuss the optimal method for procuring inputs that have well-defined and measurable quality specifications and require highly
lubasha [3.4K]

Answer:

By formation of legally binding contract.

Explanation:

Contacts are a good way for procuring inputs that have well-defined and measurable quality specifications and require highly specialized investments. Because of the high quality expected in the goods procured, having a legally enforceable contact will make the vendor provide high quality products that meets required specifications.

However when contracts dictate a particular price, so if the market price of input were to go down we will still be obligated to buy at the higher price from the vendor.

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3 years ago
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