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goldenfox [79]
2 years ago
7

HS 101 Intro to Economics Quiz

Business
1 answer:
dem82 [27]2 years ago
7 0

Answer:

1. B

2. A

3. B

4. C

5. B

6. A

7. D

8. C

9. B

10. A

11. A

12. C

13. D

14. B

15. B

16. C

17. A

18. B

19. A

20. D

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"how would the distribution of income change if social security were privatized?"
Vanyuwa [196]
To make Social Security to private it would imply that it is never again an ensured framework that Americans can rely upon. Rather, it would be more similar to a benefits program, and many annuity programs have finished on the grounds that privately owned businesses have discovered them too expensive. It isn't justified regardless of the danger of such a vital program finishing or being scaled back. Individuals are extremely not going to put something aside for there retirement money..that why we have this program so when we resign we can securely realize that we have cash.
4 0
3 years ago
Nguyen's Sporting Goods is having difficulty obtaining the credit it needs to expand. What should the company do in order to all
serious [3.7K]

Answer:

work out a plan with its financial intermediaries

Explanation:

Based on the information provided within the question it can be said that in this situation the company should work out a plan with its financial intermediaries . By doing so they would be able to clearly point out the problem and focus on it to be able to come up with a solution on how to obtain the credit that they need.

8 0
3 years ago
When creating a budget, you should use...
Norma-Jean [14]

Answer:

The correct answer is letter "D": Net pay because it takes into account any deductions to you income.

Explanation:

Individuals' budgets must be based on their <em>net income</em>. <em>Calculating their net income implies subtracting federal taxes from the gross income of employees' pay stubs</em>. The amount represents the money that will be sent to the workers' bank account or their checks which means that amount is what they will have in their pockets.

5 0
2 years ago
Increases in the minimum wage are intended to raise the incomes of low-income workers. Many economists favor a different policy
Stels [109]

Answer:

The Earned Income credit

Explanation:

Many economists choose the earned income credit (EIC) over the increase in minimum wage because it avoids deadweight losses. Deadweight losses results when supply are demand are not in equilibrium (Market Inefficiency). Increases in minimum wages invariably leads to increase in prices of market goods which are overpriced. This leads to market Inefficiency.

So in trying to help low income earners, many economists choose the EIC over just increasing minimum wage.

The earned Income Credit helps certain tax payers with low incomes from work in a particular tax year. It reduces the amount of tax owed and may result in a refund to the tax payers if the amount of credit is greater than the amount of tax owed.

8 0
3 years ago
Ship Co. produces storage crates that require 34.0 meters of material at $0.20 per meter and 0.30 direct labor hours at $19.00 p
Shtirlitz [24]

Answer:

Total standard cost = $103.7

Explanation:

<em>Standard cost is the sum of the standard material cost , standard labour cost and standard overhead</em>

Overhead  = OAR × direct labour hour

               = $16 × (0.30×$19.00)= 91.2

Standard cost = (34.0×$0.20) + (0.30×$19.00) +  91.2 = $103.7

Standard cost = $103.7

5 0
2 years ago
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