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3 years ago

How many method(s) of distributing goods and services can satisfy all wants.?

2 answers:

5 0

The answer to the question above is NONE, there is no method(s) of distributing goods and services that satisfies all wants of the people. Wants are in constants change and infinite due to change of demands. Satisfaction of human wants are limited to the amount of natural and human resources availability.

Rom4ik [11]3 years ago

5 0

Answer: NONE

Explanation: human wants are infinite and are limited to the amount of natural and human resources availability.

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How donfederal student loans differ from private student loans

vodomira [7]

Federal student loans are made by the government, with terms and conditions that are set by law, and include many benefits (such as fixed interest rates and income-driven repayment plans) not typically offered with private loans.

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3 years ago

If government spending occurs, there will be a(n) _______ of private-sector investors, described as a(n) _______ of that spendin

MrRa [10]

If government spending occurs, there will be a(n)crowding out of private-sector investors, described as a(n) opportunity cost of that spending.

<h3>What is government spending?</h3>

This is the term that is used to refer to all forms of expenditures that the government of a place may embark on.

Spending is an expansionary policy that helps to stimulate the government of a place.

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1 year ago

Prepare a multiple-step income statement for Armstrong Co. from the following data for the year ended December 31. Sales, $755,0

OLEGan [10]

Answer:

See explanation

Explanation:

Armstrong Co.

Multi-step Income Statement

For the year ended, December 31, 20YY

Sales $755,000

Less: Cost of merchandise sold (330,000)

Gross Profit $425,000

Less: Operating expenses

Administrative expenses $35,000

Selling expenses $50,000

Total operating expenses $85,000

Income from operation $340,000

Other revenue and expenses:

Rent Revenue $25,000

interest expense ($30,000)

Total other revenues (expenses) $(5,000)

Income before taxes $335,000

Less: Income Tax 0

Net Income (loss) $335,000

That is the appropriate way to prepare a multi-step income statement

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3 years ago

Scenario: Farm Country and Industry Country are two neighboring countries. Both countries produce only one good: good X. Produ

PIT_PIT [208]

Answer:

D. the same amount of capital and labor.

Explanation:

Based on the scenario being described within the question it can be said that the aggregate production functions will shift upward when the same amount of capital and labor. This is because the aggregate production function describes how real GDP within an economy depends on available inputs, such as the labor that is being put into production, and that labor needs capital.

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3 years ago

Which of these statements is true about a nonrenewable energy resource

gogolik [260]

Answer:

B. It is used up faster than it is made

Explanation:

Nonrenewable resources are largely fossil fuels that take millions of years to form. These fuels have high carbon content. These fuels include petroleum, natural gas and coal and others of the sort. Once they are used up it will take earth millions of years and natural processes over the years to replenish them thus, they are not easy to replace.

Hope that helps.

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3 years ago

Read 2 more answers