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4 years ago

The major features of the U.S. free enterprise system include:

Business

1 answer:

Slav-nsk [51]4 years ago

6 0

Answer:

D. limits on the government's role in the economy.

Explanation:

Free market enterprise refers to the economic model where demand and supply forces determine the products and services in the market and their prices. In this model, sellers have the freedom to select what business they want to start. Buyers have the option of picking their preferred products or services from many competing suppliers.

In a free market enterprise like the USA economy, the government's role is limited to regulation. The government may get involved in the provision of essential services and public goods. To a large extent, the free market economy is in the profit-motivated, private sector.

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James is currently unemployed. He is disappointed every Sunday when none of the job advertisements in the newspaper are for work

balandron [24]

Answer:

Structural unemployment

Explanation:

James is going throughout a non voluntary unemployment because there is a "gap" between his skills and the market demanded skills. To minimize this gap, James should improve his skills sets, or take a job with less requirements

5 0

3 years ago

If insurance premiums are going to be set below the actuarially fair level for a certain group, who will likely be targeted to m

Yanka [14]

Answer:A. government regulators and taxpayers.

Explanation: Insurance premium is the amount of money initially paid by an organisation which can be a profit making Organisation or non profit making Organisation or an individual before the start of an insurance policy.

An actuarially fair level is the compensation level that is commensurate with the premium of the policy holder.

IF THE INSURANCE PREMIUM IS TO BE SET BELOW THE ACTUARIALLY FAIR LEVEL THE GOVERNMENT AND TAX PAYERS WILL BE EXPECTED TO PAY THE FOR THE DIFFERENCE.

4 0

4 years ago

A paint manufacturing company produces three paint bases of differing quality. Due to throughput limitations (measured in gallon

Tems11 [23]

Answer:

c. The contribution margin per gallon of throughput for each product

Explanation:

contribution margin per gallon = Revenue per gallon - variable cost per gallon.

Contribution margin would enable the company to know the amount each product earns in excess after variable cost has been subtracted from revenue.

the product with the highest contribution margin should be considered.

8 0

3 years ago

On January 1, Lorain Corporation had 2,000 shares of $5 par common stock authorized and outstanding. These shares were originall

Dovator [93]

Answer:

Journal Entry

Explanation:

The Journal Entry is shown below:-

1. Treasury Stock $2,400 (100 Shares × $24)

To Cash $2,400

(Being treasury stock is recorded)

2. Cash Dr, $825 (25 shares × $33)

To Treasury Stock $600 (25 shares × Cost $24)

To Additional Paid in Capital-Treasury Stock $225

(Being the sale of acquired share is recorded)

3. Cash Dr, $550 (25 shares × $22)

Additional Paid in Capital-Treasury Stock Dr, $50

To Treasury Stock $600 (25 shares × Cost $24)

(Being the sale of acquired share is recorded)

4. Common Stock Dr, $250 (50 Shares × $5 par value)

Additional Paid in Capital-Treasury Stock Dr, $175 (225 - $50)

Retained Earnings Dr, $775

To Treasury Stock $1,200 ($2400 - $600 - $600)

(Being retired share is recorded)

6 0

3 years ago

Troy has $50 a month transferred electronically from his checking account to his savings account. This is an example of:

kupik [55]

Answer:

Saving plan

Explanation:

The saving plan are the life insurance plans that offers the various opportunity to an individual in order save and accumulated the fund for the upcoming future

Since Troy has $50 a month and the same is transferred electronically from his checking account to his saving account so automatically he saves each month

Therefore the same represent the saving plan

7 0

3 years ago