B. in a free market economy, prices and wages result from natural forces
since government will not take any involvement in the economy, prices and wages will be determined by the power of supply and demand
hope this helps
Answer:
Correct Answer:
1. True
Explanation:
Taxes affect work activity directly through labor supply-and-demand channels and indirectly through government spending responses to available tax revenues.<em> It has been determined that higher tax rates on labor lead to less work time in the legal market sector.</em>
The missing words in the statement are Market Economy and Command Economy. In the statement, it described the Command Economy as one of the economic systems which the government is dominant in the decision. But it contradicts with the Market Economy, it allows the individuals or firms to make a decision in the economy.
Answer:
M1 is $1,310 billion
Explanation:
I'm rephrasing the question so the informations is clearer:
Determine the size of the M1 money supply using the following information:
- Currency $700 billion
- money market mutual funds $2000 billion
- demand deposits $300 billion
- other checkable deposits $300 billion
- traveler's checks $10 billion
Options:
- $1,310 billion
- $3,310 billion
- $1,410 billion
- $1,010 billion
Money market mutual funds are not part of M1 so:
Currency $700 billion+demand deposits $300 billion+other checkable deposits $300 billion+traveler's checks $10 billion=$1310 billion M1
<span>Yooshuh is in the process of strategic planning. She is developing the companies short term goals, those things that she believes can be reached within the next year as well as identifying the milestone dates to which she thinks these can be achieved.</span>