1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
ki77a [65]
3 years ago
12

In what three ways does the government affect production of goods and services in the US economy?

Business
1 answer:
denpristay [2]3 years ago
8 0
Government activity affects the economy in four ways: The government produces goods and services, including roads and national defense. Less than half of federal spending is devoted to the production of goods and services
You might be interested in
If equilibrium price falls and the equilibrium quantity of the good purchased decreases, what has happened to either the supply
Sindrei [870]

Answer:

Demand decreases.

Explanation:

If demand decreases while supply remains unchanged, equilibrium price and quantity would fall.

If supply increases, equilibrium price would fall and quantity would rise.

If supply decreased, equilibrium price would rise and quantity would fall

If demand increases, equilibrium price and quantity would rise.

I hope my answer helps you

4 0
3 years ago
The House Subcommittee on Oversight and Investigations made its recommendations after looking into failures at each of the follo
zubka84 [21]

Answer:

The correct answer is ENRON.

Explanation:

Going back to December 2, 2001, is going back to one of the biggest scandals in economic history. That day, the energy company Enron declared bankruptcy. First global energy distributor, invoiced 100,000 million dollars annually.

Jeffrey Skilling, the mind behind accounting, did his last master move badly. Before the bankruptcy they were seen coming, he resigned his position alleging family reasons and sold the shares he had in the company. Four months later came bankruptcy. Supposedly, he didn't know anything about the critical situation of the company. He did not strain.

In 2004 he was charged with about thirty charges, including operating with confidential information, by selling about 60 million dollars in Enron shares before bankruptcy, deceiving the auditor or conspiracy.

7 0
3 years ago
Assume Simple Co. had credit sales of $249,000 and cost of goods sold of $149,000 for the period. Simple uses the percentage of
ella [17]

Answer:

$5,220

Explanation:

The computation of the bad debt expense for the period end adjustment is shown below:

= Allowance of bad debts + credit balance of  Allowance for Doubtful Accounts

where,

Allowance of bad debts = 2% × $249,000 = $4,980

And, the credit balance of  Allowance for Doubtful Accounts is $240

Now put these values to the above formula  

So, the value would equal to

= $4,980 + $240

= $5,220

The journal entry is shown below:

Bad debt expense A/c Dr $5,220

   To Allowance for Doubtful Accounts $5,220

(Being bad debt is recorded)

5 0
3 years ago
Read this scenario, and then answer the question that follows. richard is excited to start his trucking business. after taking o
Damm [24]

Some potential economic consequences that Richard did not consider before making his decision are:

  • The cost of maintenance for used trucks.
  • The cost of gasoline from the town to the nearest city.
  • The location of the places that goods will be transported to and from.

<h3>What are economic considerations?</h3>

These are the factors that will affect the profitability and viability of a business.

In Richard's case, he needed to have considered various costs such as the higher cost of maintaining used trucks and the cost of gasoline that he will incur for living so far from big cities.

He also needs to consider the distance his trucks will have to travel to pick up good and deliver them.

Find out more on economic considerations at brainly.com/question/13721949.

#SPJ1

8 0
1 year ago
A first step when considering a career is to________.
Aleonysh [2.5K]
Your answer will d.have to know ypur interest
5 0
3 years ago
Read 2 more answers
Other questions:
  • Which of the following are fixed costs in the federal budget
    8·1 answer
  • A portfolio has an expected return of 12.3 percent. This portfolio contains two stocks and one risk-free security. The expected
    7·1 answer
  • A disadvantage of the mall-intercept survey is:
    11·1 answer
  • 2. Business and financial risk The impact of financial leverage on return on equity and earnings per share Consider the followin
    12·1 answer
  • Compensate for the risk. Delay an action. Reject the risk. Transfer the risk. A squad needs to cross a narrow footbridge across
    8·1 answer
  • Denzel Brooks opens a Web consulting business called Venture Consultants and completes the following transactions in March.
    5·1 answer
  • Healthy Life Co. is an HMO for businesses in the Fresno area. The following account balances appear on Healthy Life’s balance sh
    7·1 answer
  • Select the correct answer.
    12·2 answers
  • 40 points easy question
    9·1 answer
  • A student should first borrow federal loans because of:_______
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!