Free market and laissez-faire are opposite for socialism as this type of market is free from the government control.
Explanation:
The free market and laissez-faire are the type of market in which government has no control. The decision of what t produce, how to produce, how much to produce and other decisions like price are decided by the producers itself only.
This type of market is opposite for socialism as the motive of this market is to profit maximization and not social welfare as it is out of from government control.
Answer: 6%
Explanation:
Total population= 260 million.
Dependent population= 60 million
Employed population= 188 million
Unemployed population= 12 million
Total Labour Force= employed population + unemployed population
= 188 million + 12 million
= 200 million
Therefore total labor force= 200 million
Unemployment rate= unemployed people/ Total Labour Force×100
= 12 million/200 million×100
=0.06× 100
=6%
Unemployment rate= 6%
Answer:
double declining balance method
Explanation:
Depreciation is an accounting tool to allocate the cost of a long-term asset over time. The reasoning behind is the matching principle. If we associate the entire purchase value at the very first moment, then, one accounting period is taking a hit for an asset that will be use over several accounting periods.
The double declining method applies a rate twice as the straight-line method.
This is applied at the carrying value of the assets (book value) every year for each year of useful life.
Dividends= $ that people who bought stock in a company receive. Generally, these increase when the company is doing well.
Stock= becomes more expensive the better a company is doing and has been doing for a while because it is in higher demand.
I predict that the company's stock will rise because it is in higher demand based upon it's consistently doing well. Make sense?
1,000 billion is how much the government would spend to increase outputs
