1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Arte-miy333 [17]
3 years ago
7

The simplest circular model of the United States economy depicts the economy as a cycle in which resources flow between which tw

o entities? a. supply and demand b. businesses and households c. the government and foreign countries d. goods and services Please select the best answer from the choices provided A B C D
Business
2 answers:
attashe74 [19]3 years ago
8 0

Answer:

The correct answer is option b.

Explanation:

The simplest circular flow model includes only two sectors of the economy.

  1. Business
  2. Households

The resources flow between these two sectors. Households possess factors of production such as land, labor, capital and, human capital. Businesses hire these factors of production to produce goods and services and pay factor payments in return. These factor payments are rent, wages, interest, and profit.

The businesses use these factor inputs and produce goods and services which are purchased by the households. The households pay consumption expenditure in return.

Ilya [14]3 years ago
7 0

Answer:

The answer is B: businesses and households

Explanation:

You might be interested in
Amendments involving changes to irb approved protocols do not need prior irb approval if:
yaroslaw [1]
<span>If the changes need to be done immediately in order to benefit the health of the client, then IRB approval is not required. The IRB, which stands for Institutional Review Board, is a select group of people that review and regulate biomedical research in which human beings are involved. This group is regulated by the FDA.</span>
3 0
3 years ago
1. Which of the following ratios are key components in measuring a company's operating efficiency? (You may select more than one
mrs_skeptik [129]

Answer:

Explanation:

1. c. Return on total assets checked

d. Total asset turnover checked

2) b. Debt ratio

3) d. Working capital

4) c. Accounts receivable turnover checked

8 0
3 years ago
Read 2 more answers
The theory of rational behavior
romanna [79]

Answer:

The correct answer is letter "C": is an assumption that economists make to have a useful model for how decisions are made.

Explanation:

Rational Behavior guides the decision-making process towards choices that maximize individuals' benefits. Most economic theories assume that any individual taking part in action or activity is behaving rationally. Given the choice, people would choose something that increases their satisfaction.

6 0
3 years ago
Harrison Recyclers Company uses the indirect method to prepare its statement of cash flows. Refer to the following information f
nevsk [136]

Answer:                                                                  $

        Retained earnings beginning balance   142,000

        Net loss for the year                                  <u>(14,000)</u>

                                                                              128,000

       Retained earnings ending balance          <u> (122,000)</u>

       Amount of dividend declared                      <u> 6,000</u>

 

Explanation:  In order to calculate the amount of dividend declared, there is need to deduct the net loss for the year from retained retained earnings beginning balance.  Thereafter, we also need to deduct retained earnings ending balance.                                                

8 0
3 years ago
You want to acquire a graphic design project. Describe how you will exhibit your public relations skills and interact with the c
elena-14-01-66 [18.8K]

Answer:

First and foremost, to get any job, I would have to be sincere, transparent, honest, look in the eye, have a firm handshake, be assertive in my actions and dialogue. For getting that particular project, I would show my portfolio of prior jobs, showing the quality and identity of my work. I could give references to past employees and, if I was a freelancer at some point, could describe how I got those jobs, showing how good my professional network could be. I could as well, given this time and age, show my social media and tell about my newest courses, showing that I’m on par with the latest on the graphic design industry. Lastly, dressing properly, being kind and solicit can go a long way in getting a job.

8 0
3 years ago
Other questions:
  • John deposited $2,000, at the end of every month for 2 years in a savings account. if the account paid 6% interest, compounded m
    8·1 answer
  • In a 1960s movie, an heiress sends out thousands of letters to shareholders in an attempt to have them vote for her and for the
    5·1 answer
  • FreshLeaf is a commercial salad maker that produces "salad in a bag" that is sold at many local supermarkets. Its customers like
    14·1 answer
  • Jim has part ownership in a house. He has decided to sell his interest. He signs an agreement with a local real estate designate
    15·1 answer
  • Baxter Company produces​ children's wiffle ball sets using a threeminusstep sequential process that includes​ molding, coloring
    8·1 answer
  • The website healthingdiningfinder.com is a great resource for diners looking to make healthy eating decisions when dining out.
    7·1 answer
  • Which is NOT an advantage of a mutual fund?
    9·1 answer
  • Explain how insurance companies use statistics.
    12·1 answer
  • Percy works two part-time jobs to help pay for college classes. On Monday, he works 3 hours at the library and 2 hours at the co
    14·1 answer
  • Can i go to business school
    8·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!