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Jlenok [28]
3 years ago
9

The difference in income between the richest and poorest citizens is called a command economy. unemployment. private property. t

he wealth gap.
Business
2 answers:
hjlf3 years ago
8 0

Answer:

the wealth gap.

Explanation:

The difference in income between the richest and poorest citizens is called the wealth gap.

This ultimately implies that, the wealth gap is the difference between the richest and poorest citizens living in a geographical location based on the level of their assets and net worth i.e assets minus their debts.

Hence, the information generated by the government based on the wealth gap of its citizens is typically used for formulating economic policies, plan and financial budgets.

Flauer [41]3 years ago
5 0

Answer:

wealth gap

Explanation:

on e

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The crossover point is that production quantity where: _________
Vanyuwa [196]

The crossover point is that production quantity where total costs for one process equal total costs for another process. Hence, option D is correct.

<h3>What is crossover point?</h3>

Financial independence is secured when investment income exceeds regular income. In financial jargon, this is known as the "cross over point."

When the production expenses for one product are the same as those for another product, there is an added benefit to selling any product because the cost is the same and the income will be higher from each unit, independent of the number of units sold.

Thus, option D is correct.

For more details about crossover point, click here:

brainly.com/question/13845784

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All options are missing firm the question-

a. variable costs of one process equal the variable costs of another process.

b. fixed costs of a process are equal to its variable costs.

c. total costs equal total revenues for a process.

d. total costs for one process equal total costs for another process.

e. the process no longer loses money.

4 0
2 years ago
The price of popcorn is $0.50 per box and the price of peanuts is $0.25 per bag, and eddie has $10 to spend on both goods. the m
marysya [2.9K]

If peanuts cost .25 per bag, you would divide $10 by .25 to determine how many bags you are able to buy.

3 0
3 years ago
T/F: The theory of purchasing-power parity states that a unit of a country's currency should be able to buy the same quantity of
balandron [24]

Answer: The statement is  <u>TRUE.</u>

Explanation: The theory of purchasing-power parity is an economic theory that tries to calculate the exchange rate between the currencies of two countries necessary so that the same basket of goods and services can be purchased in the currency of each one, that is, so that the purchasing power (or purchasing power) ) of both currencies is equivalent.

6 0
3 years ago
What are the shops called that are in the middle of the mall?
Kobotan [32]
Those shops which are located in the mid of the mall and operated from there are called as Mall Koisk.

3 0
3 years ago
You estimate that by the time you retire in 35 years, you will have accumulated savings of $2 million. If the interest rate is 8
lbvjy [14]

Answer:

We can use the present value of an annuity formula to determine the annual distribution. I'm assuming that your distributions will be made in a similar manner to an annuity due (the first payment happens when you retire).

annual distribution = principal balance / PV annuity factor

  • principal balance = $2,000,000
  • PV factor annuity due, 8%, 15 periods = 9.24424

annual distribution = $2,000,000 / 9.24424 = $216,350.94

if instead, the first distribution is received at the end of the first year of retirement, then the annual distribution will be:

annual distribution = principal balance / PV annuity factor

  • principal balance = $2,000,000
  • PV factor ordinary annuity, 8%, 15 periods = 8.55948

annual distribution = $2,000,000 / 8.55948 = $233,659.05

5 0
3 years ago
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