1) Mixed economies are a mix of Command (regulated by the government) and free (Market) economy - the answer is b)
2)Today most countries have a mixed economy, there are few (such as North Korea) which have a command economy, but none have a true free market (for example drugs are regulated)
3)Inflation means that one needs more money to buy the same goods - this is measured by a rising Consumer Prize index (answer d)
4) this indicator would be a steady, but low inflation - but inflation is bad for the economy but lack of inflation is not really stable
Answer:
if all else fails, slow the spread of bad practice.
Explanation:
In this scenario Nikolai knows that what his boss asked of him is wrong, and maybe for some reason he is unable to report the boss. For example if the boss has close relationship with the management it could lead to Nikolai losing his job.
As no there option is open to Nikolai the next best option will be to slow the spread of bad practice.
This is a delay tactic that can be used to reduce the impact of the bad practice pending when an action can be taken to avoid it altogether.
Answer:
Insurance reduces one asset and increases another
Purchase of supplies on account increases liabilities and increases asset
Receipt of unpaid utility bill increases liability and reduces capital
Payment of accrued utility bill reduces asset as well as liability
Explanation:
The purchase of 36-month insurance brings about increase in asset,insurance prepayment and reduction in another asset,cash.
The purchase of supplies on account brings about increase in liability,accrued liabilities or other accounts payable as well as increase in asset,inventory of supplies.
The receipt of utility bill yet to be paid,increases liability,accrued expenses and reduces capital,since an increase in expenses reduces retained earnings which is an integral part of capital
Payment of utility reduces asset,cash and at the same time reduces liability,accrued expenses
