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3 years ago

How easily an investment can be exchanged for cash is known as

2 answers:

7 0

The answer is liquidity. Think about it in terms of actual liquids - honey is really sticky and slow to get in and out of, but water is smooth and fast. Now just replace it with assets, and it kind of makes sense. Cash is liquid because you can quickly convert it into any kind of asset (so it’s water), but converting other assets into a medium of exchange is usually slow and it often carries other costs, which are referred to as friction costs (so this refers to the honey).

DerKrebs [107]3 years ago

4 0

Answer:

return

Explanation:

You might be interested in

Poeple who own operate and take on the financial risk of operating a business are called?

NARA [144]

Answer:

Entrepreneurs. people who own, operate, and take the risk of a business venture.

6 0

2 years ago

Acquiring a government job based on political loyalty, without regard to ability, is called

umka2103 [35]

Acquiring a government job based on political loyalty, without regard to ability, is called <span>political patronage.

Hope this helps you! :-)</span>

6 0

3 years ago

During December, the production department of a process operations system completed and transferred to finished goods a total of

kati45 [8]

Answer:

$3 per unit

Explanation:

The computation of the direct materials cost per equivalent unit is shown below:

Completed and transferred to finished goods 65,000 units

Equivalent number of additional units in process 15000 units

Beginning inventory material cost $57,500

Direct material cost incurred $183,000

Total direct material cost $240,500 ($57,500 + $183,000)

ANd, the total units is 80,000 (65,000 + 15,000)

So, the direct material cost per equivalent unit is

= $240,500 ÷ 80,000 units

= $3 per unit

3 0

2 years ago

Suppose the government passes a law that reduces unemployment benefits in a way that causes unemployed workers to seek out new j

SCORPION-xisa [38]

Answer:

The correct answer is C. If the government passes a law that reduces unemployment benefits in a way that causes unemployed workers to seek out new jobs more quickly. The policy will cause the natural rate of unemployment to fall, which will shift the long-run aggregate supply curve to the right .

Explanation:

Unemployment occurs when there is a greater supply of labor than what is demanded. This means that there are people who seek employment at the regular wage rates, but who are unable to get employment in the open labor market. Unemployment also means that people who actually want to work (and who are unemployed) cannot work with what they are qualified for.

Unemployment is a social problem, and low unemployment and high employment are important in order to develop and maintain a welfare society. For each individual, work is the most important insurance for their own welfare and social inclusion.

If the aforementioned law were approved, and the unemployed began to look for work imminently (even leaving aside some pretensions), many of them would get a job in a shorter time than if this law were not approved, which would decrease the country's unemployment rate.

6 0

3 years ago

Patrick lives in a nation whose government embraces capitalism. He owns his own home and car, as well as his own business and bu

grin007 [14]

Answer:

The right to own private property.

Explanation:

A property right is the exclusive or sole authority which determines the legal ownership of resources and how these resources are to be used, whether by individuals or government.

Hence, when property rights are well defined and markets are competitive, the market equilibrium is consistent with economic efficiency.

This ultimately implies that, when the ownership of resources are well defined and markets are competitive, all benefits from trade between the consumers and producers of goods and services has been maximized, and each units creating more benefit to the consumers than cost have been produced in the economy.

In this scenario, Patrick lives in a nation whose government embraces capitalism. He owns his own home and car, as well as his own business and building. Patrick maintains ownership due to the right to own private property.

5 0

3 years ago