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amid [387]
3 years ago
12

In a single sentence, contrast microeconomics and macroeconomics. Next, categorize each of the following issues as a microeconom

ic issue, a macroeconomic issue, or not an economic issue. (See page 3.) a. The national unemployment rate b. The decision of a worker to work overtime or not c. A family's choice to have a baby d. The rate of growth of the money supply e. The national government's budget deficit f. A student's allocation of study time across two subjects
Business
1 answer:
Finger [1]3 years ago
5 0

Answer:

a. Macroeconomics

b. Microeconomics

c. Not an economic issue

d. Microeconomic

e. Macroeconomic

f. Not an economic issue

Explanation:

Microeconomics is the kind of economics, which deals with the study of the decision making, that is undertaken by the firms or the individuals. Whereas the Macroeconomics is also kind or type of economics, which deals with the study of behavior of the whole economy.

a. Rate of national unemployment- It dealt with the economy as a whole. So, it is concerned with the Macroeconomics.

b. Decision of worker to work overtime - It deal with the decision making of the worker. So, it is concerned with the Microeconomics.

c. Choice of family having a baby - It is related to the family, it will not be considered as an economic issue.

d. Growth rate of the money supply - It deal with the decision making of the money supply. So, it is concerned with the Microeconomics.

e. Budget deficit - It dealt with the economy as a whole. So, it is concerned with the Macroeconomics.

f. Student allocation of study -  It is related to the student life, it will not be considered as an economic issue.

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Answer:

The answer is means to barter. This is the obvious answer because barter means to exchange something without the use of money, so this answer would be a contradiction.

Explanation:

You have a great day, put God first, he's real and he loves you. My faceb account is Don Omega, hit me up over their. I'm 16 and live on Alabama.

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2 years ago
Batteries, Offshore Wind Lead Clean Energy Cost Cuts As Renewables by Mike Scott Batteries, Offshore Wind Lead Clean Energy Cost
Inessa [10]

Answer: A. Explicit cost.

D. Fixed cost

Explanation:

The type of cost which batteries are for the renewable-energy industry is explicit cost and fixed cost. Explicit costs refers to the business costs which appear in the general ledger. It should be noted that they've direct impact on the company's profit. Examples include utilities, raw materials, salaries, lease payments, etc.

When running a business, explicit cost is the direct payment that's made to others, such as rent, wage and materials. Batteries are an explicit cost as they're incurrIn the industry of renewable energy, batteries are used to save the energy produced and thus the cost of batteries are incurred in the daily production. Hence, it is an explicit cost since it's incurred for daily production.

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6 0
3 years ago
What role does an entrepreneur play in the making of goods and services? A. The entrepreneur provides the labor for a business.
Mars2501 [29]
The correct option is C.
The entrepreneur is the one who brings together all the factors of production and organize them into a working business entity. The entrepreneur provides the capital needed for the business, hire laborers to work in the business and provide all the equipment and the raw materials that the business requires.
5 0
3 years ago
Read 2 more answers
PLEASE HELP ASAP!!!! CORRECT ANSWERS ONLY PLEASE!!!!
Maurinko [17]
B is the correct answer
5 0
3 years ago
Using the income statement for Times Mirror and Glass Co., compute the following ratios:
Umnica [9.8K]

Answer:

(A) Interest coverage charge ratio= 6.21

(B) Fixed charge coverage = 2.84

(C) Profit margin ratio= 8.57%

(D) Total assets turnover= 1.55

(E) Return on assets= 13.26%

Explanation:

(A) The Interest coverage charge ratio can be calculated as follows= EBIT/Interest expense

= 45,300/7,300

= 6.21

(B) The fixed charge coverage can be calculated as follows

= income before fixed charge + interest/fixed charges + interest

= 45,300+13,300/7,300+13,300

= 58,600/20,600

= 2.84

(C) The profit margin ratio can be calculated as follows

= Net income/sales × 100

= 22,800/266,000 × 100

=0.0857 × 100

= 8.57%

(D) The total assets turnover can be calculated as follows

= Sales/total assets

= 266,000/172,000

= 1.55

(E) The return on assets can be calculated as follows

= Net income/Total assets × 100

= 22,800/172,000 × 100

= 0.13255×100

= 13.26%

8 0
3 years ago
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