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3 years ago

When the government attempts to improve equality in an economy the result is often?

Business

1 answer:

Marysya12 [62]3 years ago

6 0

Answer:

a reduction in efficiency

Explanation:

The term "economy" was coined from Greek, meaning 'the one manages a household.' Economy primarily deals with the concept of scarcity. An item is considered as a scarce in the society when all in that society cannot posses or have all of that they want of the item.

And efficiency means the society is getting most of it from the scarce item in the market. The government policies are designed to tradeoff between the equity and efficiency. The government always attempts to increase the equality and to decrease the efficiency in an economy.

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Which of the following is a function of the Federal Reserve System Board of Governors?

vfiekz [6]

Answer:

The answer is below

Explanation:

The Federal Reserve System Board of Governors is one of the five branches of the Federal Reserve System. Their roles involve carrying out the analysis of economic data, executing supervision of Reserve Banks, establishing and overseeing financial regulations.

The board comprises seven members with 14-year terms. They also partake in the Federal Open Market Committee and as well liaising with leaders in other parts of the government.

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3 years ago

Many older companies have changed from a defined-benefit plan to a(n) ________, which is a retirement plan where workers are cre

avanturin [10]

Cash balance plan is a retirement plan where workers are credited with a part of their pay annually and a predetermined rate of interest.

<h3>What is a Cash balance Plan?</h3>

A defined-benefit pension plan with a lifetime annuity option is referred to as a "cash balance pension plan."

<h3>What are some features of Cash balance plans?</h3>

Based on defined-benefit needs, the financing caps, funding requirements, and investment risk are established.
Like a defined-contribution plan, this type of plan is managed on an individual account basis.
The advantage of these programs is that age-based contribution caps are available.
Pretax contributions enable those 60 and older to save significantly more money each year than younger people.

You can learn more about defined pension plans work using the following link:

brainly.com/question/15241364

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6 0

2 years ago

Joplin Industries Inc. manufactures and sells high-quality sporting goods equipment under its highly recognizable J-Sports logo.

motikmotik

Answer:

a. Joplin Industries Inc.

Absorption Costing Income Statement

For the Month Ended June 30

Sales $81,000,000

Less: Beginning inventory $4,387,200

Cost of goods manufactured $45,756,000

Cost of goods sold $50,143,200

Gross Profit $30,856,800

Selling and Administrative Expenses $13,122,000

Operating Income $17,734,800

b. Joplin Industries Inc.

Variable Costing Income Statement

For the Month Ended June 30

Sales $81,000,000

Variable cost of goods sold $40,500,000

Manufacturing Margin $40,500,000

Selling and Administrative Expenses $12,150,000

Contribution Margin $28,350,000

Fixed cost

Manufacturing cost $8,856,000

Selling and Admin Expenses $972,000

Total Fixed cost $9,828,000

Operating Income $18,522,000

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3 years ago

The _____ stage of the product life cycle is characterized by rapid market expansion as more and more customers, stimulated by m

4vir4ik [10]

Answer:

Growth Stage

Explanation:

The growth stage of the product life cycle is characterized by rapid market expansion as more and more customers, stimulated by mass advertising and word of mouth, make their first, second, and third purchases. In growth stage sales starts rising rapidly, average cost per customer, profits starts rising as well, early adopters buy products, competitors starts increasing in number. Main aim of any firm in this stage is to maximize market share. Brands need to offer product extension. Price needs to be set to penetrate the market.

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3 years ago

When Julie describes calculating the average number of cookies sold in February, she is describing an example of obtaining ___

IRINA_888 [86]

Information and Data

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4 years ago