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3 years ago

10

The nation of Winstone's economic system closely approximates pure capitalism. While Winstone's economy is likely to generate a

great deal of wealth, it may do a poor job of providing an acceptable level of income for the elderly or disabled.
a. True
b. False

1 answer:

Shkiper50 [21]3 years ago

4 0

It seems to be at least that the answer should be true !

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Invested Capital Corporation provides other firms with funds to expand operations. If Invested Capital strictly complies with ex

soldi70 [24.7K]

Answer:

c. be partially met

Explanation:

Business ethics obligations is what a firm ought to do, course of action is defined and draws a line between right and wrong.

A business has an ethical obligation to make profit for its owners and also to give back to society by supporting other busines growth.

Invested Capital Corporation is fulfilling its obligations to society by providing other firms with funds to expand their operations. Their business ethics obligation is partially met because they are not also focusing on their own productivity.

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3 years ago

In 2000 Amelia was being paid $7,200 per week. The CPI was 0.418 in 2000. In 2020 Amelia found a job paying $35,000 per week. Th

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Answer:

Explanation:

Real wage is defined as the nominal wage divided by the general price level, CPI. It is also the purchasing power of nominal wage.

Nominal wages are the wages received by a worker in the form of money.

Given:

In 2000:

Amelia nominal salary = $7,200 per week. CPI = 0.418

In 2020:

Amelia nominal salary = $35,000 per week

CPI = 2.40

Where CPI is an inflation measure.

Real salary = salary /(1 + inflation rate)

Inflation rate = (CPI2 - CPI1)/CPI1 × 100

Real salary I = salary/CPI

Real salary in 2000 = 7200/0.418

= $17224.88 per week

Real salary in 2020 = 35000/4.74

= $7384 per week

Nominal salary in 2000 compared to that in 2020,

Finding the difference = $7200 - $35000

= -$27800 per week

Real salary in 2000 compared to that in 2020,

Finding the difference = $17224.9 - $7384

= $9840.9 per week

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3 years ago

Assume that at the current market price, a perfectly competitive firm's profit-maximizing level of output yields total revenues

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Answer:

c. The firm is earning zero economic profit and should continue to operate.

Explanation:

This is because at that point firm has not earned any profit or facing a loss.

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2 years ago

Embezzlement is distinguished from fraud on the basis of:

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Embezzlement happens when somebody depended with property deceitfully changes over it, keeps it for their own utilization. Theft is recognized from extortion on the premise of when the criminal purpose was framed.

Embezzlement once in a while includes distortion of records keeping in mind the end goal to hide the action. Thieves regularly discharge generally little sums more than once, in an efficient as well as deliberate way, finished a drawn out stretch of time, albeit a few thieves mystery one extensive aggregate at once.Some extremely effective theft plans have proceeded for a long time before being recognized because of the expertise of the thief in covering the idea of the exchanges or their aptitude in picking up the trust and certainty of speculators or customers, who are then hesitant to "test" the thief's reliability by driving a withdrawal of assets.

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3 years ago