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Yuliya22 [10]
3 years ago
9

President Ronald Reagan once joked that a Trivial Pursuit game designed for economists would a. have no questions but hundreds o

f answers. b. have 100 questions and 3,000 answers. c. have 1,000 questions but no answers. d. never produce a winner.
Business
2 answers:
irakobra [83]3 years ago
6 0

Answer: b. have 100 questions and 3,000 answers.

Explanation:

There are many jokes about Economists and their inability to agree on a definite approach. It's almost as if no matter the position one takes, there will always be an economist to support them.

This is why President Ronald Reagan famously said that, "there should be a Trivial Pursuit game for economists with 100 questions and 3000 answers".

ale4655 [162]3 years ago
3 0

Answer:

b. have 100 questions and 3,000 answers.

Explanation:

The reason was that the economics doesn't gives straight forward answers in most of situations. The economics theories though help in understanding of the economic situations and help it to make it better by numerous solutions and strategical options available. So he was right that the trivial pursuit game will have lower number of questions and greater number of answers.

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Which part of the purchasing process includes the sum of money due in
nataly862011 [7]

Explanation:

it is a document given by the supplier,which contains

information on the quality,PRICE of goods sold

also date

well this is what ik,so hope it helps ig

3 0
3 years ago
The price elasticity of supply for basmati rice (an aromatic strain of rice) is likely to be which of the following?
tiny-mole [99]

Answer: D. Higher in the long run than the short run, because farmers cannot easily change their decisions about how much basmati rice to plant once the current crop has been planted.

Explanation:

Price Elasticity of Supply refers to how Supply changes in response to a change in price. Essentially, if the price of a good increases, will Supplier supply more or less of that good as a result and by how much will they do so.

In the short run, the farmers would have already planted the crops and so would be unable start changing the quantity that they expect from the harvest. They will therefore supply the amount they harvested regardless of a price change.

In the long run however, they can change the amount of rice planted depending on the price of the rice in the market. Price Elasticity is therefore higher in the long run than in the short run.

5 0
3 years ago
What is the complete count of a population, including place of residence?
Alex_Xolod [135]

Answer:

Census

Explanation:

A <u><em>census </em></u>is stablished to know exactly or with a minor level of error what is the total count of population and where do they live in any given city or country.

8 0
3 years ago
Which is the best “Heading” for the following information? The Disney organization has created hundreds of films for people of a
NeX [460]
The correct answer would be B. Disney Movies
Hope this helps out!
5 0
3 years ago
Read 3 more answers
On January 1 of the current year, the Barton Corporation issued 8% bonds with a face value of $96,000. The bonds are sold for $9
Digiron [165]

Answer:

option (a) $8,640

Explanation:

Data provided in the question:

Face value = $96,000

Interest = 8%

Selling value = $91,200

Maturity period = 5 years

Now,

Bond interest expense for the year ended December 31

= Interest on bond + Annual Amortization

= Face value × interest + [ ( Face value - Selling value ) ÷ Maturity period ]

= $96,000 × 8% + [ ( $96,000 - $91,200 ) ÷ 5 ]

= $7,680 + $960

= $8,640

Hence the answer is option (a) $8,640

4 0
3 years ago
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