Which statement best describes a pure market economy?

Nations specialize in production and engage in international trade in order to Multiple Choice protect domestic consumers and pr

earnstyle [38]

A lot of nations often produce different types of goods. Nations specialize in production and engage in international trade in order to increase output and income.

There are several reasons why nations specialize and engage in trade. The obvious reason is the principle of comparative advantage.

This principle states that each country should focus in the products that it can produce most steadily and cheaply and trade those products for goods that foreign countries can produce most readily and cheaply.

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5 0

3 years ago

Clinotech inc. hires a psychologist, matt, to improve the productivity of its workers. matt analyzes the company's layout and re

galben [10]

In this scenario, Matt is most accurately classified as an <u>"environmental psychologist".</u>

Environmental psychology is an interdisciplinary field that spotlights on the interchange among people and their environment. The field characterizes the term condition comprehensively, including indigenous habitats, social settings, fabricated situations, learning situations, and educational conditions.

Environmental psychologists study the effect that conditions - characteristic and urban - have on human occupants. How people act, interface, and settle on decisions despite space and ecological occasions like a worldwide temperature alteration or topographical or climate fiasco is an expanding field of study.

6 0

4 years ago

Dawn Swift discovered that 20 years ago, the average tuition for one year at an Ivy League school was $15,000. Today, the aver

KATRIN_1 [288]

Answer:

C. 7.18%

Explanation:

Formula for calculating growth rate

= (Current amount/initial amount) ^ 1/n - 1

Given that

Initial amount = 15000

Current amount = 60000

n = 20

Therefore,

Growth rate = (60000/15000)^1/20 - 1

= (4)^1/20 - 1

= 1.07177 - 1

= 0.07177

To percentage we multiply by 100

So,

= 0.07177 × 100

= 7.177%

Approximately

= 7.18%

7 0

4 years ago

Please tell me 5 interesting for each one and one question that you have for each i need this for a class that only 15 people ar

Evgen [1.6K]

Answer:

Towson University-

the second-largest university in the prestigious University System of Maryland

the 12th-largest public university system in the United States

The campus has pledged to become carbon neutral by 2050.

Their numbers include over 800 international students from 100 nations.

Before being the Tigers, Towson's mascot was the Golden Knights.

Q? What is the average GPA for this school

UCLA-

UCLA's colors are “True Blue” and gold

frequently used in movies that require a college setting

has a proud history in many sports, and was the first university to reach the 100-championship mark.

was founded in 1919 as the Southern branch of the University of California

regularly receives the largest number of undergraduate applications per year.

Q? Is UCLA a top 20 school?

UCF-

the largest university by enrollment in Florida

ranks second among Florida's state universities

has a formal plan to increase civic learning and political engagement

UCF's six-year graduation rate is 70 percent

UCF has gone through four different mascots.

Q? What is UCF best known for?

4 0

3 years ago

Is it fair to restrict people's ability to work based on their age? Why or why not?

Over [174]

Yes and no it depends on how old they are and if they are old enough of course to work and no because some people need to get payed and if they are to young then their is a problem

3 0

3 years ago

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