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3 years ago

If the government and Central Bank don't use economic policy, what could happen?

Business

1 answer:

Liula [17]3 years ago

6 0

This would leave the economy in the laizzes fairie position and it will cause malpractices.

Explanation:

Laizzes fairie is the concept that the market should be left on its own without any government influence or meddling with he rules and let the market rules define themselves.

This is not a good strategy as the malpractices of the market will take over and this makes the poor disadvantaged as they are wont to be taken advantage of by those who own the means of production in the state.

This is why the government's policies are needed as well as the Central bank.

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Spencer Co. decides to establish a petty cash fund with a beginning balance of $200. The company decides that any purchase under

miv72 [106K]

Answer:

Explanation:

The journal entry is shown below:

Petty cash A/c $200

To Cash A/c $200

(Being the petty cash fund is established)

Simply we debited the petty cash account and credited the cash account so that the correct posting can be done with the correct item and the correct value.

All other information which is given is not relevant. Hence, ignored it

4 0

3 years ago

One reason why a blanket obligation for all employees to obey their employers no matter what is unreasonable is that the choice

Serjik [45]

Answer:TRUE

Explanation:COERCIVE FORCE is a force applied to a person or a group of persons in order to make them carry out an involuntary action or actions. It is used by employers of labor in order to mandate their employees to carry out certain activities. All Employees are required by their employers to obey the rules and regulations guiding the establishment even when it is not based on the interest of the employees.

3 0

3 years ago

Anne has violated a workplace protocol by texting while operating heavy equipment. No one was hurt but ann’s supervisor noticed

scoray [572]

A written warning. Many businesses "write a person up" for inappropriate behavior which can lead to dismissal if frequent.

6 0

3 years ago

Marketing by a service firm to effectively train and motivate its customer-contact employees and all the supporting service peop

ikadub [295]

Answer:

Internal

Explanation:

As the name implies, internal marketing is one in which a service firm trains employees in a product's company and its customers' contact to ensure maximum customer satisfaction. Internal marketing means that every member of staff is involved in marketing and not just the marketing department of the firm.

Cheers.

7 0

3 years ago

Suppose a basket of goods and services has been selected to calculate the CPI and 2012 has been selected as the base year. In 20

Evgesh-ka [11]

Answer: 2016 CPI is 110

Explanation:

Given the following :

Base year = 2012

Cost of basket in 2012 = $50

Cost of basket in 2014 = $52

Coat of basket in 2016 = $55

The Consumer Price Index (CPI) is calculated using the formula :

CPI = (weighted cost item in current period / weighted cost of item in base period) × 100

Base period / year = 2012

Current period = 2016

Therefore, 2016 CPI equals;

($55 / $50) × 100

= 110

8 0

3 years ago