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2 years ago

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

Business

1 answer:

Liula [17]2 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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Gasoline prices increase by 50 percent and other things remain the same. as a result, there is no change in the quantity of gaso

lianna [129]

As a result, there is a decrease in the quantity of gasoline demanded. Demand is the amount of a commodity or a service that consumers are willing and able to buy at a given market price while supply is the quantity of goods produced by the producers to the market. Increase in prices of a commodity leads to a decrease in the quantity demanded while a decrease in price while keeping other factors constant results to an increase in demand.

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2 years ago

Read 2 more answers

Appalachian Ski Shop signs a three-month note payable to help finance increases in inventory for the winter ski season. The note

kolezko [41]

Answer:

Interest Expense 696 Interest Payable 696

Explanation:

Based on the information given the appropiate adjusting journal entry to be made on December 31, 2022 for the interest expense accrued to that date, If we assumed that no journal entries have been made previously to accrue interest is:

December 31, 2022

Dr Interest Expense $696

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2 years ago

Money is a ______ of some item or group of items that is used as a medium of exchange.

Naily [24]

The fact that money can be used as a medium of exchange is as a result of it being a <u>stock </u>of some items.

<h3>What can money do?</h3>

Money allows for us to trade goods and services which makes it invaluable as a medium of exchange.

The reason money can do this is because it can be denoted as the stock or value of some items.

Find out more on the purposes of money at brainly.com/question/3182649.

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1 year ago

Tania starts a bookstore with her friend. However, owing to other commitments, Tania is unable to help with the daily operations

zheka24 [161]

Answer:

Tania is a "limited partner ".

Explanation:

A limited partner, commonly recognized as either a silent partner, seems to be an individual and therefore not just a week as a well-to-day corporate administrator. The responsibility of a limited partner could never increase the total spent by that department in the organization.
For example, this type of relationship seems to have at least a single special partner but each restricted partner.

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3 years ago

Ric wants to invest in government securities that promise to pay $1,000 at maturity. The opportunity cost (interest rate) of hol

lutik1710 [3]

Answer: An investment that matures in five years

Explanation:

Both investments may be of equal risks, but by virtue of having different maturity dates, they will not be priced the same.

This is because the discount rate (opportunity cost) will discount the maturity value more the longer the investment is such that the present value is lower.

4 year investment

= 1,000 / (1.068)^4

= $768.63

5 year investment

= 1,000 / (1.068)^5

= $719.69

The 5 year investment will have a lower present value and will be charged lower.

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2 years ago