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Blababa [14]
3 years ago
6

A system of economic organization in which the ownership and control of productive capital assets rests with the state and resou

rces are allocated through central planning and political decision making is called: a. ​ a corporate economy. b. ​ a command economy. c. ​ capitalism. d. ​ a market economy.
Business
1 answer:
Ugo [173]3 years ago
4 0

Answer:

a command economy.

Explanation:

A command economy is where all economic decisions are made by a centralised government.

It is a system of economic organization in which the ownership and control of productive capital assets rests with the state and resources are allocated through central planning and political decision making.

It is a feature of a communist society.

Advantages of a command economy:

1. There is less inequality in the distribution of goods and services.

2. Maximising profit isn't the goal in a command economy. Therefore, goods are produced for the common good of all.

3. There are low levels of competition

Disadvantages of a command economy.

1. It discourages innovation

A market economy is where economic decisions are made by the forces of demand and supply.

I hope my answer helps you.

You might be interested in
Which stage of activity in logistics involves waste disposal and recycling?
ZanzabumX [31]
The stage of activity in logistic wherein it involves waste disposal and recycling is when firms and companies always do ensure that in their program the engagement and participation of their people is active. All employees must be aware and become knowledgeable as to what is required for them to attain success in their environmental program.
5 0
4 years ago
An investor has sold 1 ABC Jan 50 Call and has bought 1 ABC Apr 60 Call. This is a:________.
Kitty [74]

Answer:

diagonal spread

Explanation:

Spread is basically a sale and purchase of a call. So here the the types of spreads determine the relationship between the strike price and the expiration dates of all options involved in the trade.

In this example investor has sold 1 ABC Jan 50 Call and has bought 1 ABC Apr 60 Call. This means he bought the option ABC with the longer expiration date and with a higher strike price and sold the option ABC with the near expiration date and the lower strike price. Here both the expiration and strike price are different. So this is an example of diagonal spread.

The option horizontal spread is incorrect because it is a spread that depicts the difference in expiration dates but strike price is the same. Here both the expiration and strike price are different.

The option straddle is incorrect because it is a spread in which both options have the same expiry date and same strike price. Here both the expiration and strike price are different.

The option dialogue spread is not a valid option too.

The option Combination is also suitable because this is an example of Combination and combinations include option spread trades such as vertical spreads, horizontal spreads, and diagonal spreads.

So the most suitable option is diagonal spread which is an example of Combination.

5 0
3 years ago
Suppose romaine lettuce is a normal good. Suppose further incomes in the economy are rising. Everything else held constant, this
LekaFEV [45]

Answer:

Demand for

Increase

Explanation:

A normal good is a good whose demand increases when income rises and whose demand falls when income falls.

So if income is rising, the demand for the lettuce should increase.

I hope my answer helps you

5 0
3 years ago
You are considering a project with an initial cost of $4,300. What is the payback period for this project if the cash inflows ar
podryga [215]

Answer:

3.36 years

Explanation:

The cash outflows and the cash inflows are shown below:

In year 0 = $4,300

In year 1 = $550

In year 2 = $970

In year 3 = $2,600

In year 4 = $500

When we add the first three-year cash inflows, it would be $4,120 Now we subtract the $4,120 from the $4,300, so the sum would be $180 as if we added the fourth-year cash inflow to the initial investment, then it exceeds.

Therefore, we subtract it, and the next year's cash inflow will be $500.

= 3 years + $180 ÷ $500

= 3.36 years

8 0
4 years ago
Larry is studying productivity in an office, and decides to use a survey to collect data on how productive his employees are. In
maxonik [38]

Answer:

The question is incomplete, the options are missing. The options are the following:

a) Discriminant validity

b) Convergent validity

c) Internal validity

d) Criterion validity

And the correct answer is the option B: Convergent validity.

Explanation:

To begin with, the term known as "Convergent validity" refers to a concept used in the sociology and psichology and more other sciences who focus on the behaviors of the population with the primary goal of dealing with relation between two measures of constructs that should theorycally be related. So that means that the major purpose of this method is to prove how much relation there is between those two measurements that established to be close enough to be related. That is why that in this case Larry is checking the convergent validity so that he will see how much of the real productivity actually matches with the scores planned.

3 0
3 years ago
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