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Nikolay [14]
3 years ago
11

what are the pros and cons of going through economic transition from a centrally planned to a mixed economy

Business
1 answer:
skelet666 [1.2K]3 years ago
5 0

Answer:

There are benefits and drawbacks to command economy structures. Command economy advantages include low levels of inequality and unemployment, and the common good replacing profit as the primary incentive of production. Command economy disadvantages include lack of competition and lack of efficiency.

Explanation:

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A nation's real GDP was $250 billion in 2015 and $265 billion in 2016. Its population was 122 million in 2015 and 125 million in
sladkih [1.3K]

Answer:

The correct answer is option C.

Explanation:

The real GDP of a nation was $250 billion in 2015, its population was 122 million.

In 2016, its real GDP was $265 billion and its population was 125 million.

The real GDP per capita in the year 2016 is

= \frac{Real\ GDP}{Total\ Population}

= \frac{\$ 265\ billion}{\$ 0.125\ billion}

= $2,120

The GDP per capita in 2016 is $2,120.

8 0
3 years ago
Constructive criticism is offered in a way that encourages growth and learning.”
AveGali [126]

Answer: Constructive criticism encourages growth and learning by being positive and encouraging, offering solutions to problems, targeting specific areas for improvement and by being expressed only in private.

Explanation:

Here is the correct question:

Support this statement using complete sentences: “Constructive criticism is offered in a way that encourages growth and learning.”

Constructive criticism is when an individual offers valid opinions about what others have done in a way that doesn't fault the person but rather encourages the person to improve.

The person offered constructive criticism should not be criticised in public but rather praised in public while he or she is then criticised in private. Criticism should be done in a friendly manner and not an unfriendly or aggressive manner.

5 0
3 years ago
During March, the production department of a process manufacturing system completed a number of units of a product and transferr
ANEK [815]

Answer:

Direct Materials EU = 165,000

Direct Labour EU = 144,000

Explanation:

Equivalent Units (Weighted Average Method) =  Beginning Goods In process + Units Completed + Ending Goods x % of completion

Direct Materials:  25,000 + 110,000 + 30,000 x 100% = 165,000

Direct Labor: 25,000 + 110,000 + 30,000 x 30% = 144,000

Remember: In the weighted average cost system the units in process at the beginning are count as a full equivalent unit of production.

8 0
3 years ago
In the Tito's Vodka case study, trends in cocktails were studied to create a quarterly recipe for customers. Group of answer cho
Sonbull [250]

In the Tito's Vodka case study, trends in cocktails were studied to create a quarterly recipe for customers. The statement is true.

<h3>What are cocktails?</h3>
  • The Oxford Dictionaries define cocktail as "An alcoholic drink consisting of a spirit or spirits mixed with other ingredients, such as fruit juice or cream".
  • A cocktail can contain alcohol, a sugar, and a bitter/citrus. When a mixed drink contains only a distilled spirit and a mixer, such as soda or fruit juice, it is a highball.
  • Many of the International Bartenders Association Official Cocktails are highballs. When a mixed drink contains only a distilled spirit and a liqueur, it is a duo, and when it adds a mixer, it is a trio. Additional ingredients may be sugar, honey, milk, cream, and various herbs.

To learn more about cocktails with the given link

brainly.com/question/1320828

#SPJ4

3 0
2 years ago
Ajax, Inc., issued callable bonds with a par value of $1,000,000 that require the payment of a call premium of $10,000. The bond
ivann1987 [24]

Answer:

Explanation:

The journal entry is shown below:

On September 30

Bonds payable A/c Dr $1,000,000

Loss on bond retirement A/c Dr $20,000

          To Discount on Bond A/c  $10,000

          To Cash A/c $1,010,000

(Being the callable bond is recorded)

The computation is shown below:

For cash

= Par value of bond + Premium

= $1,000,000 + $10,000

= $1,010,000

For Loss, it would be

= $1,010,000 - $990,000

= $20,000

And, the remaining amount would be transferred to discount on bond

7 0
3 years ago
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