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prisoha [69]
3 years ago
11

Explain what the long- and short-term consequences are of not promoting equality or working to reduce poverty.

Business
1 answer:
VARVARA [1.3K]3 years ago
3 0

Answer:

The long and short-term consequences of not promoting equality or working to reduce poverty are:

1. the poverty gap widens, causing many more of the population to become poor while a few become richer.

2. extreme poverty becomes the norm, thereby hampering societal progress.

3. discrimination and social classes become oppressive.

Explanation:

Economic equality describes a situation that ensures that every individual in a society has an equal economic opportunity to make the most of their lives and talents by having some access to resources.  Equality reduces discrimination among certain groups of the population, especially those with protected characteristics such as race, disability, sex, and sexual orientation.  It ensures the fair distribution of natural resources among the population, according to their individual needs and capacity.  It does not mean sameness in social or economic status.

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On January 1, 2001, El Salvador "dollarized" its economy. The U.S. dollar circulated throughout the country along with the Salva
solniwko [45]

Answer:

1. The government could not finance it's deficit budget.

2. The Dollar was stable and Through dollar adoption, interest rate would be lowered and investments would increase.

Explanation:

The colon was changed to dollars because El Salvador wanted a boost in it's economy through the US Dollar.

Printing money to finance deficit would no longer be done by the government and inflation would be brought under control. Because of the adoption El Salvador has no control over it's monetary policy.

the government would still be able to run deficits by printing money

with dollars, shocks caused by demand in the economy will be offset more effectively by using monetary policy.

By printing U.S. dollars, the government would still be able to finance deficits.

6 0
3 years ago
Read 2 more answers
Meiji Isetan Corp. of Japan has two regional divisions with headquarters in Osaka and Yokohama. Selected data on the two divisio
abruzzese [7]

Answer:

Please check the info below

Explanation:

1. For Osaka

Margin =  Net Operating Income / Sales *100

= $ 792000 / $9900000 *100

= 8.00%

Turnover = Sales / Average Operating Assets * 100

= $ 9900000 / $ 2475000 * 100

= 4.00%

ROI =  Margin * Turnover

= 8% *4 %

= 32.00%

Hence the correct answer is 32.00%

For Yokohama :

Margin =  Net Operating Income / Sales *100

= $ 2900000 / $ 29000000*100

= 10.00%

Turnover = Sales / Average Operating Assets * 100

= $ 29000000 / $ 14500000* 100

= 2.00%

ROI =  Margin * Turnover

= 10% *2 %

= 20.00%

Hence the correct answer is 20.00%

2. The correct answer is  

Osaka = $ 371,250

Yokohama = $ 435,000

3. The correct answer is No

This is because since Osaka has a higher ROI, Yokohama’s greater amount of residual income is not an indication that it is better managed

4 0
3 years ago
What is MMS?
NISA [10]
The answer is c.

Explanation: MMS (multimedia messaging service) allows you to communicate photographs, videos, and other media as well as longer words via SMS.
7 0
3 years ago
Answer the question on the basis of the following list of assets:1. Large-denominated ($100,000 and more) time deposits2. Nonche
ANTONII [103]

Answer: Items 2, 3, 4, 6, 7, and 8

Explanation:

The M2 definition of money includes M1 money and then some other types of instruments that are quite highly liquid and so can be converted to liquid cash quickly if needed.

M2 includes:

   2. Noncheckable savings deposits

   3. Currency (coins and paper money) in circulation

   4. Small-denominated (less than $100,000) time deposits  

   6. Checkable deposits

   7. Money market deposit accounts

   8. Money market mutual fund balances held by individuals

6 0
3 years ago
Which of the following is most likely to be addressed as “Dr.”?
velikii [3]

Answer:

A

Explanation:

That is most likely but it is steriotypical

4 0
3 years ago
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