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
Klio2033 [76]
3 years ago
11

What role does the government play in the economy's circular flow?

Business
1 answer:
mamaluj [8]3 years ago
4 0
Depends are we talking capitalism, or socialism.

In capitalism there is no government intervention in the Economy, no laws, nothing.

In socialism, the government controls all of the economy, Tarriffs, Hours, etc.

So the government is supposed to play the middleman to help the people, but also the businesses, as such the united states had introduced less work hours, to help increase the productivity of the workers, which did indeed work.
You might be interested in
4. Study Question #4 Ch 7. Why are developing nations concerned with commodity price stabilization? Check all that apply. Improv
iragen [17]

Answer:

Developing nations are concerned with commodity price stabilization because of the following reasons

  1. There are high price elasticity of supply and demand for many commodities
  2. Developing economies are often highly dependent on the export of just one or a few commodities.

Explanation:

In recent decades there has been growing concern about the sharp fluctuations of primary product prices, the effects of those fluctuations on particular groups of producers and particular countries, and the measures which might be taken to reduce or offset the fluctuations.

Producing countries have been dominated by proposals for stabilizing world prices of commodities, in particular via the establishment of a “Common Fund” within the framework of UNCTAD's Integrated Program for Commodities.

However, developing nations are concerned with commodity price stabilization because of the two reasons provided above which could result in inflation and deflation.

7 0
3 years ago
If the demand and supply curves for product X are stable, a goverment mandated increase in the price of X will:_______
shepuryov [24]

Answer: C. . increase the quantity supplied of X and decrease the quantity demanded of X.

Explanation:

If the demand and supply curves for product X are stable, a goverment mandated increase in the price of X will result into the increase the quantity supplied of X and decrease the quantity demanded of X.

This is because when there is a rise in price, the suppliers will be willing to supply more while the consumers will demand less of the product.

4 0
3 years ago
Sylvester Motors Inc. has the following balances at the end of the accounting period:
Makovka662 [10]

Answer:

C $49,000

Explanation:

none

4 0
2 years ago
Determine the capitalized cost of a permanent roadside historical marker that has a first cost of $75,000 and a maintenance cost
densk [106]

Answer:

The capitalized cost is $ 84,667.20

Explanation:

First of all please note that the cost of $ 75,000 is already the present cost.

The cost of $3200 which occurs every 3 years can be converted into a value using factor A/F for one life cycle.

The capitalized cost then can be calculated as follows :

CC = $ 75,000 + $ 3200(A/F, 10%, 3 years)/interest

CC = $ 75,000 + $ 3,200(0.3021)/0.1

CC = $ 75,000 + $ 9,667.2

CC = $ 84,667.20

6 0
3 years ago
After segmenting and defining their target​ markets, what should retailers do​ next?
DIA [1.3K]
After the segmenting and defining their target markets, the next step that the retailers should take into consideration is the type of goods that they are going to sell. This answers the question, "What?" For example, being located near the schools, their target market are the students and they should also consider what type of goods are the students mostly in need of. 
4 0
3 years ago
Read 2 more answers
Other questions:
  • Sally is not feeling well so her mother takes her to the doctor. The doctor tells her she has strep throat, gives her medication
    11·2 answers
  • Scenario 15-6 The concert promoters of a heavy-metal band, WeR2Loud, know that there are two types of concert-goers: die-hard fa
    15·1 answer
  • What should you do before giving contact information for your references to a potential employer? A. Notify references and get t
    15·2 answers
  • If US workers can produce everything in less time than Mexican workers, it is not possible for the US to gain from trade with Me
    8·1 answer
  • Opportunity cost refers to _________.a. current economic conditions. b. your personal values.c. trade-offs when a decision is ma
    12·1 answer
  • Can Europe's debt crisis be contained?
    14·1 answer
  • Economists Henry Saffer of Kean University, Frank J. Chaloupka of the University of Illinois at Chicago, and Dhaval Dave of Bent
    14·1 answer
  • Match the following terms to the appropriate definition (or partial definition). Each definition is used once."Definltlon (or Part
    5·1 answer
  • The present value of $40,000 to be received in two years, at 12% compounded annually, is (rounded to nearest dollar)
    15·1 answer
  • What methods can you use for setting the price? What tools are available for measuring the impact on your price decision?
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!