Select all items that describe command economies.

2 answers:

8 0

Inefficient and limited selection describe a command economy. In a command economy, prouction, investment, prices and incomes are controlled by the government. Since the government makes all of the decisions, it's not always the most efficient for the economy because they do not take everything into consideration, they just pick and chose what they want to see happen. There is often a limited selection of items because the free market isn't helping businesses make business decisions.

skad [1K]3 years ago

4 0

A command economy is yes inefficient because if the government will be the one to dictate the price of goods and what goods can be produced, then obviously the businesses will have to will to produce. They will just be following what the government says and will not give their whole heart to it. This will make the production of goods and services inefficient. Also, there will be a limited selection because if the will of the workers are hindered, then there will be no innovations and inventions

You might be interested in

Suppose a market is initially perfectly competitive with many firms selling an identical product. Over time, however, suppose th

Alinara [238K]

Answer:

a decrease in market output and an increase in the price of the product.

Explanation:

7 0

3 years ago

When Keisha started her new job, she went through ______ to help her transition and fit smoothly into the job and organization.

Masteriza [31]

Answer: Orientation.

Explanation:

From the question, after employment, Keisha was given orientation by the new company she works for, where her fellow colleagues at work explained somethings she needed to know about her new place of work and what is required of her. Given an individual orientation, involves directing them and teaching them what to do and expect from something they are new to.

5 0

3 years ago

Which of the following is true of external recruiting, compared to internal recruiting?

Mkey [24]

Answer:

The answer is E. The process takes longer

Explanation:

External recruitment is the process of announcing vacancies to the people outside ones organization while Internal recruitment is the process of announcing vacancies for the internal staffs only.

The process of external recruitment is usually longer and more expensive than internal recruitment. For example, payment to publish the vacancies in any national newspapers or payment for outsourcing company that specializes in recruitment.

Option A is wrong because external recruitment discourages employee loyalty.

Option B in incorrect because this is so for internal recruitment

8 0

3 years ago

Thompson argues that civil liberties thrive only when the public demands them and understands that they are at risk of losing th

nataly862011 [7]

Answer: A. True

Explanation:

Clive Thompson on Why the Next Civil Rights Battle Will Be Over the Mind shared the above.

According to C. Thompson he said "That means we need to stop seeing this stuff as science fiction and start thinking about how we'll react to it. Otherwise, we could all lose our minds."

8 0

3 years ago

An investor buys an 8% municipal bond in the secondary market on a 10% basis. The investor does not accrete the bond discount an

adell [148]

Answer: C

Explanation:

This is because although the coupon rate is devoid of federal income tax any market discount is taxed as interest income earned. So so if there is a way that they can be taxed without jeopardizing their basic Federal income tax-free status, why not? The discount can be accreted annually and tax paid, or the tax can be paid at maturity or sale date.

5 0

3 years ago

Read 2 more answers