All categories

3 years ago

Which best describes the purpose served by economic models within an economic system?

Business

1 answer:

posledela3 years ago

5 0

Answer:

The first answer is correct (A).

The theoretical models of economics are characterized by producing insights about the real functioning of the economy. In this way, a well-adjusted model identifies the patterns of functioning of economies, such as economic cycles and the expectation reversion aspects of economic agents and crises.

However, no model has the ability to control any economic aggregate. The models serve for the authorities to get ahead of economic events and make efficient decisions according to their objectives. For example, stimulating the economy, curbing inflation or avoiding crises.

Explanation:

You might be interested in

ABC Corporation is one of the largest energy companies in the United States, with over $50 million in publicly traded shares. Th

Musya8 [376]

A deontologist will evaluate the given decision of the CEO of ABC Corp. by not allowing the public trading of its shares; and imposing penalties and/or punitive actions on the company as well as the CEO.

<h3>Who is a deontologist?</h3>

A person who believes in moral behavior by an individual for the purpose of maintenance of the set of rules, which have been put forth as a course of ethical behavior in the society.

Hence, the evaluation to be made by a deontologist is as aforementioned.

Learn more about a deontologist here:

brainly.com/question/17009417

#SPJ1

8 0

2 years ago

Mark Simpson earns $980 biweekly as a security guard for Albany Med. His group medical insurance costs $7,000 a year. The compan

kondor19780726 [428]

Answer:

$26.923

Explanation:

Biweekly payment means payments every 14 days or 2 weeks. One year has 52 weeks. Mark is paid 26 times per year

if the company pays 90% of $7000, then Mark pays 10% of $7000

Mark pays = 10/100 x $7000

=0.1 x $7000

=$700

The amount of $700 is spread over 26 weeks.

Each paycheck, Mark will be deducted

=$700/26

=$26.923 per check

5 0

3 years ago

You have been hired by the Walton family to design a marketing mechanism to change the images of Walmart, Inc. from its current

AleksandrR [38]

Answer:

To showcase itself as a employee-cordial organization, Walmart needs to:

Comprehend the requirements of its employees, assess their aptitudes, capacities, and execution and help them in creating them via preparing programs.

The preparation projects can be showcased through different web based life stages about how the organization thinks about its workforce and pays attention to their necessities.

It needs to discover any complaints the workers may have against the organization and attempt to address them. This will help them in building up a positive picture just among existing representatives as well as forthcoming workers.

Included advantages like work adaptability, calm workplace, sufficient chances to lead groups ought to be furnished alongside the ordinary pay bundle to make working in the organization rewarding for planned competitors.

6 0

3 years ago

Critical Thinking Questions Mauricio, a project manager at a reputed firm, has been assigned to handle a new project that the fi

patriot [66]

Answer:

These are the options for the question:

a. Gantter

b. Apptivo

c. Microsoft Project

d. Smartsheet

And this is the correct answer:

a. Gantter

Explanation:

Gantter is online, cloud-based, and very complete, it would be the best option for Mauricio. Smartsheet is also cloud-based but is a bit more simple, and it is not as well-reviewed.

Apptivo and Microsoft Project are not cloud-based, instead, they have to be downloaded, thus, would not meet the first requirement that Maurio is looking for.

7 0

3 years ago

The transactions completed by Franklin Company during January, its first month of operations, are listed below. Assume that Fran

Digiron [165]

Answer:

Issued check for a payment on account CP, subsidiary posting

Issued check for rent CP, No subsidiary posting

Received cash for a sale CP, No subsidiary posting

Issued an invoice to a customer R, subsidiary posting

Purchased a computer for cash CP, subsidiary posting

Received a check from a payment on account CR, subsidiary posting

Purchased equipment on account P, subsidiary posting

Issued check for salary CP, No subsidiary posting

Issued check for purchase of supplies CP, No subsidiary posting

Issued check for advertising expense CP, No subsidiary posting

Paid for the equipment purchased on account CP, subsidiary posting

Recorded the adjustment for supplies used during the month G, Subsidiary posting

Purchased supplies on account P, subsidiary posting

7 0

3 years ago