1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
kozerog [31]
2 years ago
6

using the terms macroeconomics and microeconomics explain the economic relationship between a nation and the firms and household

s that are in the nation
Business
1 answer:
makvit [3.9K]2 years ago
3 0

Answer:

- The nations

Created regulations that prevent the firms to do something that harmful for the households. This made people in the households able to safely buy their products without worrying much about the materials that is used by the firms.

The nations also create regulations that prevent the firms to conduct malicious/dishonest marketing practices.

- The firms.

Created product that can be consumed by the customers.

These products will be use by the household to fulfill both their basic needs and tertiary needs.

After obtaining a profit, the firms will pay a percentage of their profits to the nations. The nations will use it to fund government programs.

- The household

The household provides the labors that is ued by the firm. They also use the wage of their labors to purchase products that is produced by the firm. A percentage of their wages also taken as taxes for the household.

You might be interested in
Ivanhoe purchased a patent from Vania Co. for $1,240,000 on January 1, 2018. The patent is being amortized over its remaining le
Julli [10]

Answer: $744,000

Explanation:

The amount that should be reported in the balance sheet for the patent, net of accumulated amortization, at December 31, 2020 will be:

First, we have to calculate the amortization recorded up to 2019. This will be:

= (1,240,000 / 10) x 2

= 248,000

The we calculate the amortization to be recognized in 2020. This will be:

= (1,240,000 – 248,000) / 4

= 248,000

The amount that should be reported in the balance sheet for the patent, net of accumulated amortization, at December 31, 2020 will be:

= 1240000 - 248000 - 248000

= $744,000

3 0
3 years ago
Applet Systems is a​ start-up company that makes connectors for​ high-speed Internet connections. The company has budgeted varia
Marysya12 [62]

Answer:

Applet's flexible budget variance for total costs is $5,140  unfavorable variance since actual is higher than budgeted cost

Explanation:

Flexible budget variance for total costs=actual total costs-budgeted total costs of 72 connectors

actual total costs of 72 connectors=$19,000

budgeted total costs of 72 connectors=budgeted fixed cost+budgeted total variable cost of 72 connectors

total budgeted variable cost=72*$130=$ 9,360.00  

budgeted fixed cost is $4,500

Budgeted total costs of 72 connectors=$9,360.00+$4,500.00=$ 13,860.00  

Flexible budget variance =$ 13,860.00-$19,000.00=$5140  unfavorable variance

5 0
3 years ago
Monetarists reject using discretionary monetary policy as an effective stabilization tool because they believe:_____.
WINSTONCH [101]

Monetarists reject using discretionary monetary policy as an effective stabilization tool because they believe the Fed will miss its money supply targets and make the economy worse.

Monetary policy is the macroeconomic policy set by the central bank. It involves the management of the money supply and interest rates, and is the demand-side economic policy adopted by national governments to achieve macroeconomic goals such as inflation, consumption, growth and liquidity.

Monetary policy is the action and communication of the central bank that controls the money supply. Central banks use monetary policy to prevent inflation, reduce unemployment, and promote moderate long-term interest rates.

Monetary policy refers to the measures taken by a country's central bank to control the money supply in order to stabilize the economy.

Learn more about monetary policy here:brainly.com/question/13926715
#SPJ4

3 0
1 year ago
Suzanna decided not to pay federal income tax, saying that paying federal income tax is optional. Describe two possible conseque
Romashka [77]

Answer:

Not filing your return will cost you an additional 5 percent of your unpaid tax bill each month.

Not paying what you owe will add an extra 0.5 percent each month to your overall IRS debt.

If you did not file on time and did not pay any tax you owed, you are subject to both penalties. However, the IRS actually gives you a bit of a break. The maximum penalty that you’ll pay for both in any given month is 5 percent, rather than 5.5 percent.

If you don’t file or pay for five months, the failure-to-file penalty will max out at 25 percent of your unpaid taxes. But the 0.5 percent failure-to-pay penalty will continue to accrue, up to another 25 percent of what you owe, until the tax is paid.

Interest also is charged on the overdue amount

If your due a refund then the only way to get it is to file

Explanation:

7 0
2 years ago
Read 2 more answers
There are 20 workers in Thailand and each can produce either 4 computers or 60 tons of rice. There are 40 workers in the United
Nimfa-mama [501]

Answer:

Thailand:

Opportunity cost of computers = 300/20 = 15 tons of rice

US:

Opportunity cost of computers = 800/100 = 8 tons of rice

US has a comparative advantage in production of computers

Absence of trade:

Thailand consumes 150 tons of rice, it can consume = (300 - 150)/30 x 2 = 10 computers

US consumes 50 computers, it can consume = 400 tons of rice

After trade :

10 computers exchanged for 120 tons of rice

Thailand continues to consume 150 tons of rice, it will consume = 12 computers (=10 + 30/15)

US continues to consume 50 computers, it will consume = 440 tons of rice (=120 + 40 x 8)

Both would accept the proposal as both are better off with trade

7 0
3 years ago
Other questions:
  • You are a consulting firm intern and your job is to help a client choose investment projects. Your client, RealEstate, is a youn
    10·1 answer
  • During the month of July, the company had the following activities: Issued 4,500 shares of common stock for $450,000 cash. Borro
    6·1 answer
  • Which one of the following represents the minimum rate of return a firm must earn on its assets if it is to maintain the current
    8·1 answer
  • Care sunt avantajele si dezavantajele serviciului de transport din bucuresti REATB
    9·1 answer
  • Bubbles Inc. produces gummy bears. The company purchases raw materials, stores them in warehouse, and then runs them through two
    5·1 answer
  • The managers at Alpha Corp. are closely observing trends in the industry. They are trying to identify factors that might have a
    5·1 answer
  • Uncollectible accounts are determined by the​ percent-of-sales method to be ​% of credit sales. How much is​ uncollectible-accou
    8·1 answer
  • How does increased competition through FDI in the form of greenfield investments affect the host country
    10·1 answer
  • The emergency room fee related to an injury incurred by the Blairs' adult son, Eric, during a visit to their home. The Blairs gr
    13·1 answer
  • Nicole transferred a negotiable instrument to Andy. Andy later sues Nicole alleging a breach of presentation warranty. What coul
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!