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3 years ago

Whiat actions can is likely to restore the trust of the american public in the free-market system?

Business

1 answer:

Setler [38]3 years ago

4 0

Answer:

Define the concept of ethics more narrowly, and make the definition closer to the definition of legality

Explanation:

TO gain the trust of local American in the free-market system, concerning authority need to regulate the concept of ethics more strong among all societies.

Ethics is a principle that more focus on justice, accountability, etc. which helps customers to gain trust in the free-market system.

it is the duty of concerning authority to authorize the term accountability in every department to make sure no offense is committed against the customer.

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If both supply and demand increase at the same time, then __________

Lelechka [254]

Answer:

Explanation:

the price of product will increase

7 0

2 years ago

Which statement best describes a pure market economy ?

grandymaker [24]

A pure market economy in a theoretical concept in that it has never really existed. In a pure market economy producers create what they want at a price consumers will pay. Consumers pay what they want. The key is no regulation.

8 0

2 years ago

Read 2 more answers

Prepare budgetary entries, using general ledger control accounts only, for each of the following unrelated situations: (If no en

den301095 [7]

Answer:

Please see answer in explanatory column

Explanation:

Journal for Budgetary entries

a) Anticipated revenues are $11.8 million; anticipated expenditures and encumbrances are $8.0 million

Account Debit Credit

Estimated Revenue control $11,800,000

Appropriation control $8,000,000

Budgetary fund $3,800,000

Calculation

Budgetary fund = Estimated Revenue control $11,800,000-

Appropriation control $8,000,000 = $3,800,000

b)Anticipated revenues are $8.0 million; anticipated expenditures and encumbrances are $9.4 million.

Account Debit Credit

Estimated Revenue control $8,000,000

Budgetary fund $1,400,000

Appropriation control $9,400,000

Budgetary fund = Estimated Revenue control $8,000,000-

Appropriation control $9,400,000 = -$1,400,000 , therefore will be debited

c)Anticipated revenues are $9.4 million; anticipated transfers from other funds are $1.6 million; anticipated expenditures and encumbrances are $8.0 million; anticipated transfers to other funds are $0.7 million

Account Debit Credit

Estimated Revenue control $9,400,000

Estimated other finance source control$1,600,000

Appropraition control $8,000,000

Estimated other finance source control $700,000

Budgetary fund $2,300,000

Budgetary fund = Estimated Revenue control +Estimated other finance source control) -Appropriation control + Estimated other finance source control= $9,400,000 +$1,600,000)- $8,000,000 + 700,000 ) = 11,000,000 - $8,700,000 =$2,300,000

d)Anticipated revenues are $8.6 million; anticipated transfers from other funds are $1.1 million; anticipated expenditures and encumbrances are $9.7 million; anticipated transfers to other funds are $1.0 million.

Account Debit Credit

Estimated Revenue control $8,600,000

Estimated other finance source control$1,100,000

Budgetary fund $1,000,000

Appropraition control $9,700,000

Estimated other finance source control $1,000,000

Budgetary fund = Estimated Revenue control +Estimated other finance source control) -Appropriation control + Estimated other finance source control= $8,600,000 +$1,100,000)- $9,700,000 + 1,000,000 ) = 9,700,000 - $10,700,000 =-$1,000,000 so will be debited

4 0

3 years ago

refers to the process of developing a working replica of the system or some aspect of the system. a. Use case modeling b. Protot

Bumek [7]

<u>b. Prototyping</u> refers to the process of developing a working replica of the system or some aspect of the system.

<u>Explanation</u>:

A prototype is a sample used by the system analysts or users to evaluate the new design or build to determine its precision. A prototype is a trial product or software that is widely used in software programming and electronics.

The accuracy of the newly developed product can be checked with the help of prototype. Prototype is the replica of the real product. It helps in correcting design error before its production. Consumer gets easily attracted by seeing the prototype before the release of the original product.

6 0

3 years ago

A supervisory body, a source of public good, and a body responsible for reallocating income are examples of _____.

olchik [2.2K]

Answer:

roles of government

Explanation:

The government uses part of the taxes it collects to provide public goods such as goods as education, healthcare, and infrastructure. In mixed economies such as the US, the government's main role in the economy is to ensure fair competition among suppliers and protect consumers' and workers' rights.

The government has established several bodies and mandated them to carry out the regulatory functions. Different agencies regulate different trade sectors such as communication, drugs and medicines, weights and measures, employees' safety and health, etc.

5 0

3 years ago