Which economic system has economic roles that are passed from generation to generation?

1 answer:

5 0

The best answer would be: traditional economy (specifically, it's definitely neither market economy nor command economy - in those economies the family does not necessarily play a role in the chose of roles).

An example of such strict economic roles is ancient India - and the roles are called castes.

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Explanation:

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Suppose the market for corn is a purely competitive, constant-cost industry that is in long-run equilibrium. now assume that an

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After all resulting adjustments have been completed, the new equilibrium price will less than the initial price and output. The same will happen to the industry output. In each situation in which <span>an increase in product demand occurs in a decreasing-cost industry the result is: </span>the new long-run equilibrium price is lower than the original long-run equilibrium price.

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Calculate the value of a bond that matures in 16 years and has a $ 1 comma 000 par value. The annual coupon interest rate is 13

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Answer:

$1,069.74

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We use the present value formula which is shown in the attachment below:

Data provided in the question

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= -PV(Rate;NPER;PMT;FV;type)

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In risk management what does risk control include

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Financial, operational, perimeter, and strategic risks.
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Answer:

The correct answer is letter "B": Office Supplies, debit; Accounts Payable, credit.

Explanation:

Accounts Payable is the amount of the company's total invoices currently waiting to be paid. These invoices are from vendors of products and services that were recently delivered. They are usually due in 15, 30 or 45 days after the company receives the vendors' invoice. The purchase of equipment, machinery, and office supplies are typically credited to this account.

Thus, <em>the acquisition of office supplies must be debited to the office supplies account and credited to accounts payable</em>.

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