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Luden [163]
2 years ago
14

4. What is another name for a command economy?

Business
1 answer:
USPshnik [31]2 years ago
5 0

Answer:

planned economy

Also known as a planned economy, command economies have as their central tenet that government central planners own or control the means of production within a

Explanation:

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Mike and Lon came to a party together. A friend offered Mike a ride home. However, there was no room in the car for Lon. What ar
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Mike could leave lon behind, walk lon home, offer to pay for a taxi or finally he could stay with him.

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2 years ago
Which of the following is not correct?a. If the inflation rate exceeds the nominal interest rate, then the purchasing power of a
lilavasa [31]

Answer:

The options which is NOT correct is C.

Purchasing power does not increase with inrease in the rate of inflation. There is an inverse relationship between inflation and purchasing power of money.

Explanation:

Inflation refers to the overall increase in prices of goods and services and the erosion of the power of the currency to purchase those goods and services. In otherwords, when inflation happens, one requires more dollar bills to purchase same unit of goods or services.

Deflation is the opposite of inflation. It refers to the decrease in the prices of goods and services and is usually accompained by an increase in the purchasing power of the currency.

Nominal interest rate simply put is the interest payable on a loan without considering processing fees, compounding interest payable and the erosion of the value of such money.

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4 0
2 years ago
The ceo of big wheel automotive is concerned about declining sales. he has identified his research problem as the fact that his
White raven [17]

The CEO of Big Wheel Automotive is using market research organizations for secondary data about the research problem that he is experiencing. The market research is a way of having to gather information in which is helpful for an organization or business in order to improve their own and a way of having to target their consumers.

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3 years ago
Which of the following is an essential part of being an entrepreneur?
Molodets [167]

Answer:

B. Taking risks.

Explanation:

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3 years ago
The company has a preponderance of our most popular items
inna [77]

When a company has a preponderance of our most popular items, it implies that the firm has more of that type of product/item than of any other.

<h3>What is  preponderance?</h3>

The word preponderance is said to be superiority in terms of weight, power, vitality, or strength.

It is said to be also when there is an excess of a product or an item in terms of number or quantity.

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