Answer:
Private individuals.
Explanation:
In a free enterprise system, the decisions about what and how many goods and services will be produced are made by private individuals.
Free enterprise system is an economic system in which the ownership and control of means of production (resources) and distribution of goods and services are determined by private individuals. Here, private individuals decide what, how and for whom to produce while the government does not interfere in economic activities. The allocation of resources and price determination are influenced by the forces of demand and supply called price mechanism, which Adam Smith referred to as 'Invisible Hand'.
Free enterprise system is also known as Capitalist economy, Capitalism and Free market system. Countries that practice more of free enterprise system are Singapore, New Zealand, Hong Kong, Australia and Switzerland.
Answer:
Money is a common unit to measure all the goods and services. Also, it acts as a store of value. A farmer who uses perishable items to buy other goods cannot store it and use it in future.
If I am wrong please correct me.
<span>The federal funds rate is the interest rate charged when</span> one bank lends reserves to another bank
The answer to the question above is <span>Frederick Winslow </span>Taylor<span>. He is the management theorists who proposed scientific management, or also known as Taylorism. Taylorism focuses on labor efficiency and productivity. Basically, what is in Taylorism is to provide the workers the best way in order for them to do the job, such as trainings and activities, as well as incentives whenever they maintain a good performance. </span>
Which of the following statements is true about these two annuities: Annuity B has a smaller present value than annuity A.
Annuities are payments or receipts that are made periodically within a certain time, so that they are similar to installments, savings, or contributions. Usually, these periodic payments or receipts are made every month within a certain period of time.
Annuities are closely related to financial institution products that have interest. For example, bank credit or savings in banks. Annuities are intended to make it easier for customers to pay installments because the amount is fixed.
Annuities are also closely related to insurance products. The policy holder or the insured must make periodic payments to achieve their goals, such as old age funds. The policyholder can choose when to start disbursing his annuity after he retires.
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