All categories

4 years ago

2. How does a command economy differ from a market economy?

1 answer:

7 0

I'm not sure if the answer is supposed to be multiple choice but In a command economy the government decides how resources are used and what goods and service are produced. In a market individuals make the decisions about how resources are used and what gods and services to provide.

You might be interested in

PLEASE HELP! WORTH 25 POINTS

Mariulka [41]

Answer:

Something to do when youre younger 16^ is go to your dream job and ask if they need help now if they say yes than put in double the work to show them that you actaully want this job.

Explanation:

Write down a list of your skills and abilities. Research careers suited to your skills. Think about the jobs you are truly able to do and would enjoy most. This will help you narrow your search and focus your visualization.

Imagine that you have your dream job. Picture yourself waking up, getting ready for work and driving to your new job. Think about your tasks and what your co-workers and boss say to you. Make the scenario as real as possible.

Incorporate all five senses into your visualization, including touch, taste, hearing, smell and sight. These details will make your brain think the scenario is real.

Act as if you have your dream job. For example, write "I work as a chef and I love my new job" on a sticky note. Stick the note where you'll see it often. Think about the note frequently throughout the day.

Think about the lifestyle you'll have because of your dream job. Visualize getting your first paycheck from the job. Imagine being able to meet your financial goals, such as buying a house, going on vacation or taking care of your family.

Write your goals on index cards and review them daily. Take a few moments every day to create a visualization based on each card.

Visualize your dream job for five minutes each morning when you wake up and before you go to bed at night. Eliminate noises and outside distractions to help you concentrate.

Take actual steps toward obtaining your dream job. For example, enroll in college and earn a degree that will help you get a job in your desired field. Go to seminars related to your field to meet managers and business owners who can hire you. Make friends with someone who has your dream job and ask him how he got the position.

3 0

3 years ago

Scenario 1: Individual Retirement Accounts (IRAs) allow people to shelter some of their income from taxation. Suppose the maximu

ELEN [110]

Answer:

The question is incomplete, complete question is as follows:

Individual Retirement Accounts (IRAs) allow people to shelter some of their income from taxation. Suppose the maximum annual contribution to such accounts is $5,000 per person. Now suppose there is a decrease in the maximum contribution, from $5,000 to $3,000 per year.

Shift the appropriate curve on the graph to reflect this change.

This change in the tax treatment of interest income from saving causes the equilibrium interest rate in the market for loanable funds to and the level of investment spending to.

Explanation:

To decrease.

Saving is the basis of the loanable finance supply.

Decreasing the saving rates which families may shelter from income tax would deter saving on each interest rate, contributing to a change in the supply of loanable funds to the left.

The initial interest rate is due to a shortage of loanable funds. The lenders will also be able to increase the interest rate which they charge for loans with more inclined borrowers than lenders.

Whilst the interest rates increase, the quantity required for loanable funds is declining. The equilibrium interest rate is increasing, and the equilibrium amount of borrowed and invested loanable funds is decreasing.

5 0

4 years ago

What decision rule should be followed when deciding if a business segment should be eliminated?

dusya [7]

Here is the answer of the given question above. The decision rule that should be followed when deciding if a business segment should be eliminated is this: Segments with revenues which are less than avoidable expenses should be considered for elimination. Unavoidable expense are those expense which will continue to be incurred whether segment is continued or discontinued. Hope this helps.

5 0

3 years ago

Read 2 more answers

Toggle Company reported sales of $310,000 and cost of goods sold of $180,000 for 20X2. During 20X2, Toggle’s accounts receivable

kiruha [24]

Answer:

Cash Received from customers = $293,000

Cash payments to suppliers = $167,000

Cash flows from operating activities = $460,000

Explanation:

Cash Received from customers is calculated as follows :

Sales $310,000

Less Increase in accounts receivable ($17,000)

Cash Received from customers $293,000

Cash payments to suppliers is calculated as follows :

Cost of goods sold $180,000

Decrease in Inventory $8,000

Decrease in Payable ($21,000)

Cash payments to suppliers $167,000

Cash flows from operating activities is calculated as follows :

Cash Received from customers $293,000

Cash payments to suppliers $167,000

Cash flows from operating activities $460,000

7 0

4 years ago

Internet access to use online banking costs you $39.99 per month. A book of checks costs you $17.95 per 100. Your bank charges y

algol [13]

Answer:

$21.9275

Explanation:

The cost of online banking is $39.99

The cost of checks books is $17.95 per 100. The cost associated with 25 checks

= $17.25/100 x 25

=0.1725 x 25

=$4.3125

The cost of a stamp is 50 cents, which is $0.50

for 25 checks

=$0.50 x 25

=$12.5

The writing fee

=$0.05 x 25

=$1.25

Total cost of using checks

= $4.3125 + $12.5 +$1.25

=$18.0625

the difference between online banking and checks

= $39.99 - $18.0625

=$21.9275

6 0

3 years ago