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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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A severe cyclone causes substantial damage to a brick manufacturing company's production equipment. As a result, the company spe

Zepler [3.9K]

Answer:

The correct answer is D. indirect cost.

Explanation:

That is, indirect costs are those costs that the company incurs during the exercise of its activity, whose allocation is more complicated, since they are not directly related to production.

In the above case, it is shown that the environmental effect produced by the cyclone is not directly related to the production of the bricks, so it is considered that it corresponds to indirect costs of the operation.

6 0

3 years ago

The Bureau of Labor Statistics has found that the base-year expenditures of the typical consumer break down as follows:

Shkiper50 [21]

Answer:

The CPI for the current year is 104.49

Explanation:

A) Expenditure breakdown of the base year:

You must check that they add 100%

Food and beverages: 17.8%

Housing: 42.8%

Apparel and upkeep: 6.3%

Transportation: 17.2%

Medical care: 5.7%

Entertainment: 4.4%

Other goods, and services: 5.8%

Total 100.0%

Total: 17.8 + 42.8 + 6.3 + 17.2 + 5.7 + 4.4 + 5.8 = 100

Thus, the CPI of the base year is 100.

B. Expenditure breakdown of the current year.

Calculate the changes by adding the percent of increase to each item tha has changed.

1. The prices of food and beverages have increased by 10 percent:

17.8% × 1.10 = 19.58%

2. The price of housing has increased by 5 percent:

42.8% × 1.05 = 44.94%

3. The price of medical care has increased by 10 percent:

5.7% × 1.10 = 6.27%

The other prices are unchanged.

Then, the new breakdown is:

Food and beverages: 19.58%

Housing: 44.94%

Apparel and upkeep: 6.3%

Transportation: 17.2%

Medical care: 6.27%

Entertainment: 4.4%

Other goods, and services: 5.8%

Total 104.49%

Of course the new total is not 100%.

19.58 + 44.94 + 6.3 + 17.2 + 6.27 + 4.4 + 5.8 = 104.49

That means that the price of the total basket of products has increased from 100 to 104.49.

Thus, the CPI of the current year is 104.49 ← answer

8 0

3 years ago

Any policy that is designed to reduce the competitiveness of foreign producers who wish to sell their goods or services in the d

IceJOKER [234]

Answer:

Barrier to trade

Explanation:

7 0

2 years ago

When thieves use your name and good credit rating to get cash or buy things, they are engaging in Multiple Choice credit mishand

liq [111]

When thieves use your name and good credit rating to get cash or buy things, they are engaging in identity theft.

Identity theft can be define as impersonating another person by making use of that person personal information as their own.

A person using Identity theft can use some else identity to steal from innocent people after stealing the personal details of the person such as the person name so as to obtain cash or to defraud.

Identity theft is bad as it can damage someone image or reputation as the identity thieve can use to commit various crime by pretending to be you.

Inconclusion when thieves use your name and good credit rating to get cash or buy things, they are engaging in identity theft.

Learn more about identity theft here:brainly.com/question/17112484

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2 years ago

When zappos began, it focused primarily on word of mouth (wom) to get its message to people. word of mouth is which of the pro

diamong [38]

The promotion mix element that is facilitated by words of mouth is ADVERTISING.
Word of mouth advertising is a form of unpaid spread of positive marketing information which move from one person to another. The method involves passing information across to other people by meaning of oral communication.

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3 years ago