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Nina [5.8K]
3 years ago
5

What do you call an economy in which the government- ideally- has nothing to say about what, how, and for whom goods are produce

d; the factors of production are privately owned?
Business
1 answer:
kati45 [8]3 years ago
5 0

Answer:

The correct answer is market economy.

Explanation:

A market economy is a type of economy where most of the resources or factors of production are privately owned. The allocation of resources is determined by the market forces and not the government.

The government is not in control of what, how or for whom the goods are produced. This type of economy is directly in contrast with a centrally planned or controlled economy, where the factors of production are owned by the government and the government decides the allocation of resources.

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If total liabilities decreased by $27,275 during a period of time and stockholders' equity increased by $34,366 during the same
Lilit [14]

Answer:

d.$7,091 increase

Explanation:

From the accounting equation, assets = liabilities + equity.  If the total liabilities decrease by $27,275, the assets will also decrease by $27,275.  Similarly, when stockholders' equity increased by $34,366, the amount of assets will increase by the same amount.  The net increase in assets will be $7,091, which is the difference between the increase in stockholders' equity and the decrease in liabilities ($34,366 - $27,275).

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2 years ago
Qualities of the mind<br><br>​
Pani-rosa [81]
Metta (lovingkindness/friendliness), karuna (compassion), mudita (empathetic joy), and upekkha (equanimity).
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2 years ago
Which of the following will not cause the production possibility frontier to shift? Group of answer choices the introduction of
algol13

Answer:

an increase in the working population

Explanation:

The Production possibilities frontier (PPF) is a curve that shows the various combination of two goods a company can produce when all its resources are fully utilised.  

The PPC is concave to the origin. This means that as more quantities of a product is produced, the fewer resources it has available to produce another good. As a result, less of the other product would be produced. So, the opportunity cost of producing a good increase as more and more of that good is produced.  

The PPF can shift either inward or outward.

An outward shift is associated with an increase in output while an inward shift is associated with a reduction in output.

Factors that cause the PPF to shift

1. changes in technology. technological progress leads to outward shift of the PPF. introduction of "fiber optic" technology would shift the PPF outward.

2. changes in available resources. a land reclamation program would increase the land available for production and this would increase output. While an explosion destroying a chemical plant would reduce output and lead to an inward shift of the PPF

3. changes in the labour force. A decrease in unemployment would increase output and shift the the PPF outward

Working population is the number of people between 15-59.

6 0
3 years ago
Jane is not married and has no children. She is 35 and owns her own home. Under which status is she most likely to file?
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What is the list of awnsers
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3 years ago
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he Triffin paradox warned that the gold-exchange system of the Bretton Woods agreement was programmed to collapse in the long ru
Zarrin [17]

Answer: all of the options

Explanation:

Triffin paradox simply explains the economic interests conflicts that are faced by the countries that have their currencies been used as standards for global currencies.

The Triffin paradox was first proposed by Professor Robert Triffin. He also

warned that the gold-exchange system of the Bretton Woods agreement was programmed to collapse in the long run and was also responsible for the eventual collapse of the dollar-based gold-exchange system in the early 1970s.

7 0
2 years ago
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