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Paraphin [41]
3 years ago
9

Which is true about people working in a market economy who have labor skills that are in demand?

Business
1 answer:
maksim [4K]3 years ago
3 0

Answer:

C. Their incomes tend to be higher than others whose skills are not in demand.

Explanation:

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The price of wheatwould be â$nothingper bushelif there was no price support. In order to maintain the priceâ support, the govern
horrorfan [7]

Answer:

$5, 200 bushels of wheat

Explanation:

From the diagram the price support was at $6 per bushel, however if the government removes the price support or if there was no price support, then the price of the wheat will be $5 for a bushel. And in order to maintain the price support, from the diagram below, it is expected that the government would have to purchase 200 bushels of wheat.

4 0
4 years ago
As a firm's sales grow, its current assets also tend to increase. For instance, as sales increase, the firm's inventories genera
yanalaym [24]

Answer: True

Explanation:

Current assets are the assets that a company had and which are expected to be either used or sold over the next year. Examples of current assets are cash, cash equivalents, stock inventory, accounts receivable, marketable securities, and other liquid assets.

It should be noted that when the sales of a from continue to grow, the current assets of such company also increases. An example is when there is an increase in the sales increase, this.will also have an impact on the firm's inventories as there will be an increase.

6 0
3 years ago
Aaron, Deanne, and Keon formed the Blue Bell General Partnership at the beginning of the current year. Aaron and Deanne each con
Nana76 [90]

Answer:

As attached.

Explanation:

4 0
3 years ago
The american recovery and reinvestment act of 2009 is a good example of ________ principles.
soldier1979 [14.2K]

The American healing and reinvestment act of 2009 is a good instance of fiscal policy.

Fiscal policy is the usage of government spending and taxation to persuade the financial system. Governments commonly use economic coverage to sell strong and sustainable increase and decrease poverty.

The 2 major examples of expansionary fiscal policy are tax cuts and accelerated government spending. each of those policies is meant to increase aggregate demand even as contributing to deficits or drawing down financial surpluses.

Fiscal coverage refers to the tax and spending guidelines of the federal government. fiscal coverage choices are determined via Congress and the administration; the Fed performs no role in determining economic policy. fiscal coverage is the use of authorities' spending and taxation to influence the economic system. Governments generally use financial policy to sell sturdy and sustainable increases and reduce poverty.

Fiscal coverage is the means by using which the authorities adjust their spending and revenue to persuade the broader economic system. by way of adjusting the stage of spending and tax sales, the authorities can affect the economic system by using either growing or decreasing financial activity in the brief time period.

Learn more about fiscal policy here:

brainly.com/question/6583917

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6 0
1 year ago
On January​ 1, 2018​, White Corporation signed a $ 120,000​, four​-year, 2​% note. The loan required White to make payments annu
VladimirAG [237]

Answer:

Dr cash                 $120,000

Cr Notes payable                         $120,000

Dr interest expense    $2,400

Dr notes payable       $30,000

Cr cash                                             $32,400

Explanation:

The issuance of the notes payable of $120,000 means that White Corporation's cash inflow has increased by $120,000 while its corresponding loan obligation has also gone up by the same amount.

On 31 December 2018,White Corporation would need to repay $30,000 principal plus interest of $2,400 ($120,000*2%).The interest payment is debited to interest expense while $30,000 repayment is debited to notes payable and cash is credited with the total of $32,400

3 0
3 years ago
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