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4 years ago

Which of the following statements is true of the economic system of North America

Business

1 answer:

TEA [102]4 years ago

4 0

Answer:

Explanation:

The free-market-based economy allows more freedom in decision-making for private companies. This an capitalism characteristic. That doesn't mean that government don't participate, actually they do. Government participation in this case refers to ensure that markets are open, working and with no monopolies, that's all. But, government don't get involved into decision making in private companies.

On the contrary, when government participate on decision making, that's called Socialism. In this type of economy, government commands the national economy, create a central plan and make sure that private companies follow it.

Therefore, U.S economy is considered as a mixed economy because government commands economy only in defense of people, guaranteeing retirement benefits, medical care and other benefits.

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The FDA banning a specific product that a company sells is an example of:_________

mario62 [17]

Answer: unsystematic risk that can be diversified away

Explanation:

The FDA banning a specific product that a company sells is an example of unsystematic risk that can be diversified away.

The above scenario is simply a company related risk and therefore an unsystematic risk but it can actually be diversified away by proper utilization and allocation of resources. Therefore, the correct option is E

6 0

3 years ago

What is a Benefit of using good human relations

nadezda [96]

Answer:

One of the benefits of using good human relations is that it will help you with your social skills and you will adjust better to different situations.

Explanation:

You can be good at social situations.

4 0

3 years ago

When Parker started his business, he knew he had to keep costs to a minimum and he worried about taxes. He planned to build and

Setler79 [48]

Answer:

C. An enterprise zone

Explanation:

An enterprise zone is a geographical location set up by the government of that location in which companies and businesses can enjoy a variety subsidies like reduction in taxes and resource inputs used. The idea of this is to encourage businesses to stay and revitalize their business or encourage growth of new businesses.

3 0

3 years ago

Consider the market for loanable funds. Suppose that savers make deposits in savings accounts at banks. Initially, the interest

tiny-mole [99]

Answer:

A: The supply of loanable funds curve

B: left

C: Increase

Explanation:

If the tax rate on interest earned on savings deposits rises to 25% then the supply of loanable funds curve will shift to the left causing the equilibrium interest rate to slide upwards (or increase).

The supply curve for loanable funds slopes upwards from left to right. This means that when interest rates are high, lenders are more willing to lend more funds to investors and businesses. The intersection of the demand and supply curves for loanable funds creates the equilibrium interest rate.

Cheers!

8 0

3 years ago

he three main types of banks (Traditional, Credit Union, Online or Online-Only) have many tradeoffs with respect to technology,

Tema [17]

The saving rate from the highest to the lowest would be :

Traditional Banks +/- 5 % of rates

Online banks +/- 4 % of rates

Credit Union +/- 2.5 % of rates

hope this helps

4 0

3 years ago