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Anit [1.1K]
3 years ago
7

1. Why is scarcity a significant problem? A. It leads to opportunity cost. B. It forces people to make choices. C. It determines

the type of economic system used.
2. Why do business owners have to answer the three economic questions? A. the answers are something banks want when they review a business plan. B. The answers determine the best way to use their resources C. The answers are required by federal law
Business
1 answer:
enot [183]3 years ago
4 0

1. It’s probably B and 2 . It’s  bit hard but if I had to go with something it would be C

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The Federal Open Market Committee promotes price stability and economic growth through management of the money supply oversight
nevsk [136]

Answer:

management of the money supply

Explanation:

The Federal Open Market Committee (FOMC) is made up of seven members of the Board of Governors, the president of the federal reserve bank of New York and four rotating regional federal reserve bank presidents. It is in charge of conducting the Fed's monetary policy, i.e. buying and selling US securities to increase or decrease the money supply.

6 0
3 years ago
On January 1, 2019, the general ledger of Global Corporation included supplies of $1,300. During 2019, supplies purchased amount
Stolb23 [73]

Answer:

the  supplies expense for the year 2019 is $5,400

Explanation:

The computation of the supplies expense for the year 2019 is as follows:

Supplies Expense = Opening balance of Office supplies + Purchase of supplies during the year - ending balance of Office supplies

= $1,300 + $5,600 - $1,500

= $5,400

Hence, the  supplies expense for the year 2019 is $5,400

We simply applied the above formula so that the correct value could come

And, the same is to be considered

3 0
3 years ago
Walter opens a motorcycle repair shop where he will not only repair motorcycles, but will also offer custom paint jobs, accessor
beks73 [17]
Make a profit...............
5 0
3 years ago
Bebe Rexha has AGI of $100,000 and makes the following expenditures:
shutvik [7]

Answer:

$31000 will be allowed as expenditure

Explanation:

given data

Wheelchair  = $10,000

Whirlpool bath = $10,000

Maintenance =  $1,000

Increased utility bills =  $1,000

various home modifications = $10,000

solution

as here value of the home increased =  $1000

and that is  increaed utility bill of the whirlpool

so that expenditure will be added to value of asset

so  

total expenditure is = $10000 + $10000 + $10000 + $1000 =  $31000

so $31000 will be allowed as expenditure

7 0
3 years ago
g If the demand for a product increases proportionately faster than the increase in consumers' incomes, then the income elastici
wlad13 [49]

Answer:

greater than zero.

Explanation:

Income elasticity of demand measures the responsiveness of quantity demanded to changes in income

Income elasticity of demand = percentage change in quantity demanded / percentage change in income.

I hope my answer helps you

5 0
4 years ago
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