So you can have a job that will support you and ur fam, make big bucks. And own a 2017 corvette at the age of 16 like I do lol. You can have a job all day but it's usually best when you enjoy something about it. Or have a passion towards it. Hope this helps $$$ :)
<h2>The two fundamental steps are how people make choices & how resources and scarcity affect the costs and benefits of choices.</h2>
Explanation:
Let us understand the term "Economics" first.
It deals with "production, distribution and consumption" of "goods and services".
The basic steps are
People make choices by
- seeing the price of the market for any given product,
- the benefits that they get out of it,
- the postponement of buying a product based on the availability of the product
- buying products based on future demands
- understanding that the cost depends purely on the "scarcity" of the product
Answer:
Dorsett's net operating loss for Year 8 is $41,800.
Explanation:
From the question, we have:
Amount by which deductions exceeding gross income = $56,800
Net operating loss deduction (carryover from Year 7) = $15,000
Dividends received deduction = $6,800
In order to calculate Dorsett's net operating loss for Year 8, the dividends received deduction of $6,800 has to be fully allowed but the net operating loss deduction (carryover from Year 7) of $15,000 wouldn't be not allowed.
Therefore, we have:
Dorsett's net operating loss for Year 8 = Amount by which deductions exceeding gross income - Net operating loss deduction (carryover from Year 7) = $56,800 - $15,000 = $41,800
Answer:
D
Explanation:
The global stage represents the understanding of the products and policies mainly to evaluate the best possible alternative for manufacturing in the home or host country. It emphasizes evaluating the most beneficial strategy to produce goods, whether domestic or global produced.
Answer: the gains from trade; protectionism
Explanation:
The common belief among economists is that it is better to embrace the gains from trade, and then deal with the costs and trade offs with other policy tools, than it is to engage in protectionism.
Economists believe that when countries engage in trade together, it brings about increase in the world's output, better innovation and better product quality hence, they do not really support protectionism.