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3 years ago

6.Which statement applies to all centrally-planned economies?

Business

1 answer:

Art [367]3 years ago

4 0

Answer: C) the government makes all important economic decisions.

A centrally planned economy is an economic system in which the government makes all important economic decisions rather than leaving them to consumers and businesses.

In these type of economy, prices are all controlled, the government sets plans, and the economy is handled by bureaucrats.

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If real output in an economy is 1,000 goods per year, the money supply is $300, and each dollar is spent an average of 4 times p

IceJOKER [234]

Answer:

D. 1.20.

Explanation:

300 dollars x 4 multiplier = 1,200 dollars in the economy.

There are 1,000 goods in the whole economy

1,200 dollar purchase 1,000 goods

on average: $1,200 / 1,000 units = $1.20/per unit

with 1.20 dollar you can purchase a single good

Notice: this means average is 1.20 dollars it do not implies all goods are worth 1.20 dollars

5 0

3 years ago

What should you include in the opening of a direct claim letter? a. A justification of your request b. A clear statement of the

ololo11 [35]

Answer:

The answers are b) and c)

Explanation:

The letter of complaint is used to file a complaint or a claim about a product or service that has left us unsatisfied or does not correspond to the price as previously agreed. To make this type of letter you need to sort the ideas. This type of correspondence must be clear and concise. It should be clear to avoid useless preambles and explanations at all times and should go directly to the statement of the reason for the claim. Hints and allusions can only lead to confusion, as the recipient has to decipher what is so unclear in the complaint letter.

6 0

3 years ago

Our society is increasingly becoming more diverse. Discuss how this affects you as an individual, an organization, and society a

Mekhanik [1.2K]

Answer

Hello,

Well, a diverse society is stable and alive with positive dynamics, easy to adapt to changes and always geared towards a positive evolutionary.

As an individual, a diverse society offers greater opportunity for personal and professional growth.

In the society, diverse cultural views can inspire creativity and innovation. A diverse society has a pool of diverse skills base which allows an organization to produce broader and more adaptable range of goods and services.

A challenge in this is that integration across multicultural groups can be difficult due to negative cultural stereotypes. Some countries require navigating visa and application of employment laws that could be challenging requirements.

Diversity quotas in colleges can be outlawed but still allow colleges to consider race in admitting students.

Wish you luck!

5 0

3 years ago

Select the correct text in the passage. Which sentence describes a cooperative organization? Cohen and his friends work in a coo

frutty [35]

Answer:

They own and control the functions of the organization.

Explanation:

A cooperative is owned by the total of their affiliates who are the direct users of it. This means that if you want to use the cooperative you must be an owner/affiliate.

6 0

3 years ago

In 2000, Paradise Condo Inc. bought a new apartment building that was rented out to families on June 21st, 2000. The purchase co

zysi [14]

Answer:

Depreciation for the period Jun 21 - December 31 = 8,708.56

Explanation:

Computation of depreciation cost

Purchase cost of building 579,860

Remodelling costs 11,680

Less: Salvage Value (100,000)

Depreciable costs 491,540

Estimated useful life 30 years

Depreciation per year 491,540/ 30 16,384.67

Depreciation for the period Jun 21 - December 31

June 10 days

July - December 184 daya

Total days depreciation 194 days

Depreciation expense for the period =16,384.67/365 * 194 = 8708.56

5 0

3 years ago