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yawa3891 [41]
3 years ago
11

China is an example of a command economy. True False

Business
2 answers:
arsen [322]3 years ago
6 0

Answer:

False

Explanation:

It was once a command economy but has changed to a capitalist and communist economy

Natalka [10]3 years ago
3 0

Answer:

It was, but it changed to a mixed economy that includes communist and capitalist elements. So your answer is FALSE.

Explanation:

I hope this helped!

<h2><u>PLEASE MARK BRAINLIEST!</u></h2>
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Which of the statements is true regarding advertising? Perfectly competitive firms have the strongest incentive to advertise. Ad
myrzilka [38]

Answer:

The correct statement about the advertisement is that, it is the only potential as well as effective toll if the firm or business has the market power.

Explanation:

Advertising is the term which is stated as the medium by which the firm informs the potential customers or clients about the goods and services, arouse interest as well as induce the buyers to buy the product.

It helps in differentiate the products and also build the brand. So, in case the firm does not have the market power, then the firm would not have the no control over the quantity and the price of the product, which lead to ineffective advertising.

7 0
3 years ago
The recently appointed CEO of XYZ Inc. uses a luxury summerhouse owned by the company for rest and relaxation with his family as
wel

Answer:

Perquisites.

Explanation:

Perquisite is defined as non wage compensation that an employee benefits in addition to normal salary.

When an employee exchanges his salary for some other form of compensation it is called salary packaging.

In this scenario the CEO enjoys benefits such as the use of a luxury summerhouse owned by the company for rest and relaxation with his family as well as a place to invite important clients before a lucrative business deal.

Also he has membership to an exclusive country club to its CEO.

4 0
4 years ago
Under the constant-money-growth-rate rule, the annual money supply will be constant at the average annual growth rate of:_______
tiny-mole [99]

Answer:

real GDP

Explanation:

The above rule was proposed by Milton Friedman that the money supplied by the central bank be increased by constant percentage on annual basis. In other words, constant money growth rate rule suggested money supply growth rate be equal to GDP growth rate annually.

According to Friedman, monetary policy contributes to fluctuation in an economy. He suggested that the best way to stabilize a fluctuating economy is to allow the central bank increase money supply in the long run by a targeted amount annually irrespective of the situation of the economy.

6 0
4 years ago
The person may not have made a wise choice initially; the chosen career may no longer exist; values and interests may have chang
boyakko [2]

Answer:

Changing Careers

Explanation:

My best guess would be that the reason their values and interests may have changed is either due to going back to school or changing careers. In both cases, your interests would of changed to fit what you chase but changing seems more plausible. Hope this helped and solved your question!

8 0
3 years ago
Read 2 more answers
Joana volunteers to deliver a last-minute presentation on behalf of her team. Which quality is Joana demonstrating?
Ymorist [56]
Joana is demonstrating responsibility
4 0
4 years ago
Read 2 more answers
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