Answer:
c) command economies are efficient in the distribution of goods and services but lack incentives.
Explanation:
Command economies are better than free economies in the sense that resources are directed in a particular way which is considered to most efficient and equitable way for people and economy . Free economies give rise to predatory tendencies among stakeholders which may not be most efficient way of generation of wealth.
But it suffers from the weakness of lack of incentive for future growth.
This is what is argued in favor of capitalism.
Answer:
Explanation:
Accounts payable is included in the current liability according to international financial reporting standards (IFRS). Although the construction loan was actually payable at year-end, if the company has both the willingness and ability to refinance with long-term debt, the $100,000 construction loan may be included at year-end in long-term liabilities. Therefore, current liabilities of $30,000 and long-term liabilities of $100,000 should be reported on the balance sheet.
The extracts of the statement of financial positions are given below:
Non-current liabilities:
Refinanced loan $100,000
Current liabilities:
Accounts payable $ 30,000
I belive this is lateral job rotation .
hope this helps!
Answer:
Letter d is correct. <em>Commodity chain</em>
Explanation:
Commodity chain is a technique widely used in the globalized capitalist world. In this process organizations produce their goods in various locations, which becomes a connected link of production and distribution in a globalized market. The advantages of the commodity chain is to achieve significant cost savings from purchasing goods from other countries, as well as increased production volumes and reach of international customers that enhances an organization's global perspective.
Answer:
The answer is <u>"$110 billion".</u>
Explanation:
Firms increase their investment by $11 billion
mpc = 0.9
gdp = ?
To find the gdp, first we have to find expenditure multiplier;
we will find that by using the formula;
expenditure multiplier = 1/(1-0.9) = 1/0.1 = 10
Now gdp = 10 x $11 billion
= $110 billion
Thus the <u>gdp is $110 billion.</u>