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3 years ago

Which of the following is not an economic goal that influences how societies answer the three key economic questions?

2 answers:

vladimir1956 [14]3 years ago

7 0

D. Patriotism. Economic goals are Efficiency, Freedom, Security and Predictability, Equity, Growth and innovation not patriotism

Nadya [2.5K]3 years ago

5 0

I believe the answer is: D. patriotism

Patriotism is the act of showing vigorous support to our own country . The support that shown in patriotism does not revolve around financial decision, but more to how our country is perceived in its foreign nation relative to the other countries.

You might be interested in

The transition to an information economy was characterized by ______.

Viefleur [7K]

The transition to this new helpful worldwide economy really started coming to fruition back in the 1950s—a period in which the machines that drove the Industrial Age changed apparatuses for the new Information Age.
The real move to a data based economy accentuated data dispersion and recovery and in addition transnational monetary collaboration. As a feature of this pattern, in the 1950s different broad communications businesses started showcasing music, motion pictures, TV projects, and PC programming on a worldwide level.

7 0

3 years ago

Amherst City provides a defined benefit pension plan for employees of the city electric utility, an enterprise fund. Assume that

Sever21 [200]

Answer:

Dr Service cost 245,000

Cr Interest 166,400

Cr Cash 411,400

Dr Plan assets - pension 411,400

Cr Service cost 245,000

Cr Interest 166,400

Explanation:

Preparation of the journal entries to record annual pension expense for the enterprise fund of Amherst City

Since we are Assuming that the plan investments was $184,300 while the service cost component is the sum of $245,000, and interest on the pension liability is the sum of $166,400 for the year this means the Journal entries to record annual pension expense for the enterprise fund of Amherst City will be:

Dr Service cost 245,000

Cr Interest 166,400

Cr Cash 411,400

(245,000+166,400)

Dr Plan assets - pension 411,400

(245,000+166,400)

Cr Service cost 245,000

Cr Interest 166,400

4 0

3 years ago

Economists refer to their methodology for analyzing oligopolies as a game theory because, as in games _____.

melisa1 [442]

Answer:

e. all of the above

Explanation:

Just like inn games, all the features enumerated in the options apply.

Specifically, actions by players determine outcomes. Also, players employ strategies to obtain desired results.

7 0

3 years ago

An existing electrical power line needs to have its capacity increased, and this can be done in either of two ways. The first me

nekit [7.7K]

Answer:

3 years

Explanation:

First method

The PV of the investment can be written as:

PV1 = $15,000 + $32,500/(1+0.06)^n

Second method

The PV of the investment can be written as:

PV2 = $23,000 + $23,000/(1+0.06)^n

After n years both projects will be economically equal. Hence their present value must be equal PV1 = PV2

$15,000 + $32,500/(1.06)^n = $23,000 + $23,000/(1.06)^n

$23,000 - $15,000 = $32,500/(1.06)^n - $23,000/(1.06)^n

$8,000 = $9,500/(1.06)^n

(1.06)^n = $9,500/$8,000

(1.06)^n = 1.1875

Taking log on both sides we get:

nlog1.06 = log 1.1875

n = log 1.1875/log 1.06

n = 0.07463361829/0.02530586526

n = 2.94926166417121

n = 3

So, the answer is 3 years

3 0

2 years ago

The following data were accumulated for use in reconciling the bank account of Creative Design Co. for August 20Y6: Cash balance

Virty [35]

Answer:

Bank reconciliation:

Bank balance Augusts 31 $18,340

+ Deposits in transit $2,830

- Outstanding checks $3,520

Reconciled bank account $17,650

Cash balance reconciliation:

Cash balance August 31 $17,350

+ Error in recording check $360

- Bank fees $60

Reconciled cash account $17,650

B) Cash account balance $17,650

5 0

3 years ago