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aleksklad [387]
3 years ago
6

According to marx, the best economic system would be one where the means of production and distribution are in the hands of the

bourgeoisie.
Business
1 answer:
ololo11 [35]3 years ago
3 0
Karl Marx is the founder of modern communism. Bourgeousie defines the capitalists, those who own the means of production and who take advantage of the labor (work) of the proletariat (the mass of workers who do not own the means of production and are not fairly compensated for their work).
<span>The statement that according to Marx, the best economic system would be one where the means of production and distribution are in the hands of the bourgeoisie is false. In contrast, according to Marx the best economic system would be </span><span>one where the means of production and distribution are in the hands of the proleteriat.</span>

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Morris Company self-insures its workers compensation loss exposure. The risk manager of Morris Company is concerned about the po
Lady_Fox [76]

Answer:

B) excess insurance.

Explanation:

An excess insurance policy covers any risk of loss beyond the scope of a primary insurance coverage. When a company purchases excess insurance, they do not have to pay any money in case a claim or a loss exceeds their primary insurance policy. It's basically having a double insurance in case your loss is too large, the second insurance will take care of it.

3 0
3 years ago
If the demand for loanable funds shifts to the right, then the equilibrium interest rate a. and quantity of loanable funds rises
never [62]

If the demand for loanable funds shifts to the right, then the equilibrium interest rate and quantity of loanable funds rise.

<u>Option: A</u>

<u>Explanation:</u>

The availability of loanable funds is savings dependent. Lending is dependent on desire for loanable funds. The relationship between the savings supply and loan requirement decides the real interest rate and the amount is being loaned out.

The requirement for loanable funds reflects lenders' actions, as well as the amount of loans requested. The smaller the rate of interest, the less costly it is to lend. The balance of loanable funds on the market is done because the amount of loans lenders want is the same as the amount of savings that savers have. The interest rate varies to ensure that both are equivalent.

6 0
3 years ago
If economists calculate the gdp for 2009, using current prices of year 2009, what are they estimating?
Vlad [161]
They are estimating the Nominal GDP. The Nominal GDP measures the quarterly economic output that occurred in the year. This would analyze production, employment, all the elements in the financial circulation. This is different from the real GDP because here it would include the inflation of prices that occurred. Nominal GDP only reflects on the economical changed within the current year regardless of inflation. 
6 0
3 years ago
What is an advantage of taking out a long-term loan instead of a short-term
Naya [18.7K]

Answer:

A

Explanation:

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4 0
2 years ago
a conflict of interest in research could result when a physician is paid as a consultant for a pharmaceutical company and also c
Roman55 [17]

False, since both roles are in the capacity of research and does not compromise results. So there is no conflict of interest in research.

Conflicts of interest are situations in which professional judgments or actions regarding a primary concern, such as a medical researcher's responsibilities, may be easily persuaded by a secondary interest, such as monetary benefit or professional advancement.

Many doctors work full-time for biotech and pharmaceutical companies, as well as medical device manufacturers. They work in research, product development, or administration. In fact, a few of them own the businesses. This is not conflict of interest.

Learn more on conflict of interest-

brainly.com/question/14940595

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6 0
1 year ago
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