The word local describes:

Your friend Burrell says that the government should hire fewer social workers in order to reduce the cost of federal assistance

BARSIC [14]

Answer: b) peoples' responses to financial incentives.

Explanation:

Burrell would be wrong because the most leakage in federal assistance programs comes from the way people respond to financial incentives.

Some people who have received this assistance from the Federal government have decided that it would be better to keep receiving this assistance instead of working to actually get paid.

This has led to more people seeking assistance thereby increasing the number of people needing assistance and invariably increasing the cost of these federal assistance programs.

4 0

3 years ago

Which of the following is NOT part of the simple circular flow model?

hjlf

Answer:

<u>The correct answer is B. Government</u>

Explanation:

There is no doubt that the simple circular flow model explains supply and demand in an elemental economic perspective, however this model doesn’t take into account at least five other key factors of the economic systems. Those factors are:

1. Government sector.

2. Government spending.

3. The taxation system.

4. The financial institutions.

5. Imports and exports.

<u>The correct answer is B. Government.</u>

4 0

3 years ago

Predicting what types of bicycles different customers will want and deciding which of these customers the business will try to s

Eva8 [605]

The correct alternative is letter c. marketing. Predicting what types of bicycles different customers will want and deciding which of those customers the company will try to satisfy are activities that a company must do as part of marketing.

<h3 /><h3>What is marketing?</h3>

It corresponds to a set of techniques and strategies developed by a company whose main objective is to create value for its consumers through communication, organizational image, products and services, establishing relationships that increase competitiveness and profitability in the active market.

Therefore, marketing helps in forecasting trends that satisfy the needs and wants of your consumer, as well as predicting the types of bicycles that customers will want as exemplified in the statement.

Find out more about marketing here:

brainly.com/question/25754149

#SPJ1

5 0

1 year ago

The management of Ro Corporation is investigating automating a process. Old equipment, with a current salvage value of $24,000,

dexar [7]

Answer:

The simple rate of return on the investment is closest to 19.16%

Explanation:

In order to calculate the the simple rate of return on the investment we would have to use the following formula:

simple rate of return = <u>Annual incremental net operating income</u>

Initial investment

<u />

Initial investment = Cost of the new machine - salvage value of old machine

Initial investment = $384,000 - $24,000 = $360,000

Annual cost savings = $133,000

Annual depreciation = $384,000/6 = $64,000

Therefore, Annual incremental net operating income = $133,000 - $64,000 = $69,000

Therefore, simple rate of return = $69,000 / $360,000 = 19.16%

The simple rate of return on the investment is closest to 19.16%

6 0

3 years ago

If a bank decides that it wants to hold $1 million of excess reserves, what effect will this have on checkable deposits in the

Alja [10]

Answer:

C. Checkable deposits decline by $10 million.

Explanation:

The banks must keep a reserve of money at Central Banks, the amount is defined by the reserve ratio, 10% in this case, but the banks could keep an extra reserve of money at Central Banks, in this case it's $ 1 million, so, if the bank decides to keep that reserve it means will be less money available to checkable deposit in the same amount.

When the banks keeps reserve by his own will, the required reserve ratio is not applicable to the amount, is the same situation as if we want to keep our money in the bank, for banks, they keep money in Central Banks.

hoping having been clear.

7 0

3 years ago