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mote1985 [20]
3 years ago
5

Choose one current event. Describe the event and discuss the economic implications of this event. What economic effects might th

is have at the individual and societal levels?
Business
1 answer:
Ronch [10]3 years ago
5 0

Answer:

For example, Brexit. Brexit refers to the UK retreat from the European Union, one of the most famous economic unions in the world. The economic implications of Brexit are numerous, ranging from the new tariff regulations to the regulated movement of people and animals through the newly established borders.

As for individuals, let's see the example of an EU citizen seeking a Master's degree in the UK. That student may face a different tuition fee when applying after Brexit.

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Why should speakers deliver the first sentence of her presentation for memory ?
astra-53 [7]
Speakers should deliver the first sentence of their presentation from memory so that they can immediately establish eye contact and sound confident and knowledgeable. This gives a good first impression to the audience.
4 0
3 years ago
If a family spends its entire budget in a given time frame, the family can afford either 15 movie nights or 8 restaurant meals.
enot [183]

Answer:

The correct answer is 0.533 restaurant meals.

Explanation:

The two goods consumed by the family mentioned here are movie nights and restaurant meals.

The family can afford either 15 movie nights or 8 restaurant meals out of their total budget.

The opportunity cost of 15 movie nights = 8 restaurant meals

The opportunity cost of 1 movie night

= \frac{8}{15}

= 0.533 restaurant meals

3 0
3 years ago
How does a proportional taxation system work?
miss Akunina [59]

Answer:

D. It makes all citizens pay the same percentage of their income in

taxes.

Explanation:

A proportional tax system imposes the same tax rate for all individuals regardless of the level of income. For example, if the tax rate is set at 5%, all taxpayers will be taxed at that rate. A person earning $10,000 will pay $500 (5% of 10,000) while the one earning $100,000 ( 5% of 5000)will pay $5,000.

A proportion tax system is also known as the Flat rate system. It is easy to compute and implement. The propositional tax system may appear to be fair because it treats all taxpayers equally and encourages people to earn more. However, it places a heavy tax burden on low-income earners.

5 0
3 years ago
Read 2 more answers
Small groups of consumers that interact with products or services and give their feedback based on their experiences are known a
babymother [125]

Answer:

B. Focus group

Explanation:

Use series of elimination on this one.

Test subjects- No

Market Research Audience- Those are people that watch the tests that you will conduct with your focus group.

Survey takers- Too simple.

Hope that I could help you!

5 0
3 years ago
Frictional unemployment occurs when:___________.1. there is friction between an employer and employee. 2. a worker decides to qu
zloy xaker [14]

Answer:

2. a worker decides to quit one job to seek a different job.

Explanation:

Frictional unemployment occurs when workers are moving from one job to another. It happens when the available jobs and the workers' skills do not match. For example, a graduate from the university cannot find a job that matches the skills straight away. The period of searching for that first job is called frictional unemployment.

Frictional unemployment is naturally occurring in the economy.  It is present when the economy is in full employment.  It is present as workers are always searching for better opportunities elsewhere, and students are graduating and searching for their first employment.

4 0
3 years ago
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