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2 years ago

Which of these is a characteristic of a pure command economy?

Business

1 answer:

Vika [28.1K]2 years ago

3 0

Answer:

The correct answer is letter "B": All businesses are owned by the state.

Explanation:

A Pure Command Economy is one where <em>the government controls all he economy</em>, functions as the central planner, determines production quotas and rates of distribution, and sets prices. There are such economies in communist or socialist states like China, North Korea, and Cuba.

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The term inflation is used to describe a situation in which

photoshop1234 [79]

Answer:

The correct answer is option b.

Explanation:

Inflation refers to the continuous and sustained growth in the general price level. As the price level rises, it reduces the purchasing power or value of cash balances held by the consumers to reduce. This causes real income to decline.

A certain level of inflation is desirable in an economy to promote growth but a high rate of inflation is harmful. Inflation can be of several types such as

Demand-pull inflation
Cost-push inflation

There are several measures used to calculate inflation, for instance, the consumer price index. To correct inflationary pressures, a government uses contractionary fiscal and monetary policy.

6 0

3 years ago

Open-end mutual funds Group of answer choices All of these. calculate the NAV based on the total value of assets held divided by

lesya [120]

Answer:

calculate the NAV based on the total value of assets held divided by the number of fund shares outstanding and may experience fluctuations in the number of shares outstanding on a daily basis

Explanation:

In the Open-end mutual funds it does not limit the no of shares what they are offering, purchase and sold on demand. In the case when the investor buy the shares in the opne-end fund so in this the fund is issued and at the time when the shares are sold by someone so they would be bought back from the fund

It should be determined the NAV depend upon the total amount of assets divided by the number of fund oustanding shares and might be experience fluctations

8 0

2 years ago

George Steinbrenner transferred his passion for winning to everyone in the New York Yankees organization. His famous quote is, "

pshichka [43]

Answer: Leading function

Explanation: In the leading function of management, the mangers tries to influence the behavior of its subordinates to motivate them so that they work efficiently to achieve organisational goals. This function focuses on employees participation and motivation.

Thus, the quoting of George steinbrenner is an example of leadership as he is motivating others in the organisation.

7 0

3 years ago

Gill company calculated equipment depreciation for the month of $500. the necessary adjusting entry will include a:_________

sesenic [268]

Gill company calculated equipment depreciation for the month of $500. The necessary adjusting entry will include a credit to accumulated depreciation, and debit to depreciation expense.

The basic journal entry for depreciation is to debit the depreciation expense account and credit the accumulated depreciation account. Depreciation expense is recorded on the income statement as an expense or debit, reducing net income.

On the other hand, accumulated depreciation is not recorded separately on the balance sheet. Instead, it is recorded in a contra asset account as a credit, by reducing the value of fixed assets.

Hence, the entry will include a credit to accumulated depreciation, and debit to depreciation expense.

To learn more about depreciation here:

brainly.com/question/28139636

#SPJ4

7 0

1 year ago

After graduating from dental school two years ago, Dr. Lauren Farish purchased the dental practice of a long-time dentist who wa

sukhopar [10]

Answer:

Total cost formula= 3,510 + 4.911*x

x= Number of instruments

Explanation:

<u>To calculate the variable and fixed costs, we will use the high-low method:</u>

Variable cost per unit= (Highest activity cost - Lowest activity cost)/ (Highest activity units - Lowest activity units)

Variable cost per unit= (10,012 - 6,574) / (1,324 - 624)

Variable cost per unit= $4.911

Fixed costs= Highest activity cost - (Variable cost per unit * HAU)

Fixed costs= 10,012 - (4.911*1,324)

Fixed costs= $3,510

Fixed costs= LAC - (Variable cost per unit* LAU)

Fixed costs= 6,574 - (4.911*624)

Fixed costs= $3,510

Total cost formula= 3,510 + 4.911*x

x= Number of instruments

For 1,192 instruments:

Total cos= 3,510 + 4.911*1,192

Total cost= $9,363.9

4 0

2 years ago