All categories

3 years ago

Most of the property in command economies is owned by

Business

2 answers:

ser-zykov [4K]3 years ago

7 0

Answer and Explanation:

A command economy is run by the government meaning that they take all economic decisions.In command economies most o the property is owned by the government and the means of productions is owned by the government as well.

Marina86 [1]3 years ago

7 0

They are run by the government

You might be interested in

Carter & Carter is considering setting up a regional lockbox system to speed up collections. The company sells to customers

barxatty [35]

Answer:

c. $40,000

Explanation:

Reduction in Account Receivables $500,000

($2,500,000 * 20%)

* Interest rate 11%

Annual saving $55,000

Less: Annual cost of system -$15,000

Pretax Net annual savings $40,000

4 0

3 years ago

On January 12, 2021, Jefferson Corporation purchased bonds of Rose Corporation for $52 million at par and classified the securit

sineoko [7]

Answer:

Transaction gain = $16 million

Explanation:

Given:

Purchase amount = $52 million

December 31, 2021, bonds value = $46 million

October 3, 2022, bonds sold = $62 billion

Computation:

Using multi-step approach

Transaction gain = October 3, 2022, bonds sold - December 31, 2021, bonds value

Transaction gain = $62 million - $46 million

Transaction gain = $16 million

5 0

3 years ago

1. High Tech Wireless just published its current income statement, which shows net income equal to $240,000. The statement also

luda_lava [24]

Answer:

$240,000

Explanation:

With regards to the above information,

Sales revenue is computed as;

= Operating expenses + Depreciation × Tax rate

Given that;

Operating expenses = $5,00,000

Depreciation = $100,000

Tax rate = 40%

Sales revenue

= ($500,000 + $100,000) × 0.4

= $600,000 × 0.4

= $240,000

4 0

3 years ago

Whether the minimum wage is a binding price floor always depends upon whether the economy is in a recession. a. True b. False

murzikaleks [220]

Answer:

false

Explanation:

A price floor is when the government or an agency of the government sets the minimum price of a product. A price floor is binding if it is set above equilibrium price

A country is in a recession when the GDP for 2 consecutive quarters is negative.

A binding price floor depends if it is above or below equilibrium

6 0

3 years ago

Stephanle is planning to buy a house and can choose between a traditional mortgage at 5% Interest or an adjustable-rate mortgage

ArbitrLikvidat [17]

Answer:

Explanation:

If Stephanie knows that the interest rates are dropping and are expected to continue to do so, she may feel that the ARM is her best option. However, interest rates that go down will always come back up, and most likely surpass the previous high rate. If said rate increases to an amount out of her budget, the adjustable-rate mortgage would be the less attractive method.

4 0

3 years ago