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mihalych1998 [28]
3 years ago
14

What’s the difference between a market economy and a command economy

Business
1 answer:
loris [4]3 years ago
3 0
The activity in a market economy is unplanned and determined by the supply and demand of goods and services. The main example of a market economy is capitalism. Whereas, a command economy is organised by a centralised government which owns most, of not all, businesses. The main example of a command economy is communism.
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The increase in the amount that the government collects in taxes when the economy expands and the decrease in the amount that th
Anni [7]

Answer:

A

Automatic stabilizers

Explanation:

These are necessary adjustments that are dependent on the state of the economy at particular times. An expanding economy is an economy in growth, there is a general feeling of stability and there is the mobility of funds around. Due to the presence and indication of growth, there is an increase in the amount of profits or gains made by the economy in general. Hence, government can decide to task more through tax.

However, in periods when there are indicators of an ailing economy, there should be a downward review of tax and the economy is weak at this state. Using the old taxing scheme during the good economy for now would result in an outcome that might further hurt business owners and push the economy more downwards.

Automatic stabilizers are just the mechanism through which the taxation at different times is adjusted

5 0
4 years ago
Gawain sa Pagkatuto Bilang 6. Magsaliksik ng isang paksa at bumuo ng
Gre4nikov [31]

Answer:

kalamidad pangayayari

50percent

30percent

60percent

5 0
4 years ago
Read 2 more answers
Below are the account balances for Cowboy Law Firm at the end of December.Accounts BalancesCash $4,300Salaries expense 1,650Acco
ludmilkaskok [199]

Answer:

$5,550

Explanation:

Preparation of an Income statement

REVENUE :

Service revenue $8,200

Less EXPENSES:

Salaries expense $1,650

Utilities expense $1,000

Total Expenses($2,650)

($1,650+$1,000)

Net income $5,550

($8,200-$2,650)

Therefore the Net income amount for the income statement will be $5,550

4 0
3 years ago
Redi- Cor is trying to compile information about transactions between customers. Which of the following is not a reason Redi- Co
Elodia [21]

Answer:

The transaction allows a seller to take pride in its product

Explanation:

Have a good one!

7 0
3 years ago
Read 2 more answers
All of the following are related to a proposed project. Which one of these should be included in the cash flow at Time 0?A) Loan
aleksley [76]

The correct answer is choice A, a loan obtained to finance the project.

When you are calculating cash flow you are calculating the inflows and outflows of actual liquid cash. The only one of the options that would be considered cash at time 0 is the loan that was obtained to finance the project.

4 0
3 years ago
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