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torisob [31]
3 years ago
8

% of the world's population controls approximately _____% of the world's finances (the sum of gross domestic products)" quizlket

Business
1 answer:
jeka57 [31]3 years ago
8 0

Answer: 5% and 28%

Explanation:

In the year 2011, the U.S. had five percent of the world population and was already controlling twenty-eight percent of the world finances.

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The underlying reason why trade benefits both sides of a trading arrangement is rooted in the concept of __________________.
Marysya12 [62]

Answer:

opportunity cost

Explanation:

The concept of Opportunity cost deals with the idea that individuals, investors, or business owners, due to scarcity of resources, lost possible benefits that could be gained, as he or she chooses alternative choice.

Hence, the underlying reason or factor trade benefits both sides of a trading arrangement is rooted in the concept of OPPORTUNITY COST.

Therefore, the right answer is Opportunity cost.

7 0
3 years ago
_ is the actual amount each common stockholder would expect to receive if a​ firm's assets are sold for their market​ value, cre
Alona [7]

Answer: Liquidation value

Explanation:  

The liquidation value is one of the type of physical assets of an organization and the business value, real estate firms, directories and the equipment are refers as the liquidation value that helps in evaluating the overall worth of the firm.

This organizational value is lower as compared to the market value and it has less time for selling the products in the open market.  

According to the given question, the liquidation value is refers as the actual amount of the stockholder expected value value in the market. Therefore, Liquidation value is the correct answer.

5 0
3 years ago
Prices usually allocate resources efficiently because they allocate:
Arisa [49]

Answer: Option (B) is correct.

Explanation:

Correct Option: Resources to the highest value good or service.

Prices normally are able allocate scarce resources efficiently because they will allocate resources in a better way, so that there can be a full utilization of resources.

If the resources are used efficiently and effectively then this will lead to an optimal utilization of the limited resources.

6 0
3 years ago
Read 2 more answers
The open-economy macroeconomic model examines the determination of a. unemployment and the exchange rate. b. the output growth r
Andrei [34K]

Answer:

c. the trade balance and the exchange rate.

Explanation:

An Open Economy is an economy that allows the free inflow and outflow of goods, services, capital and people. The opposite of a closed economy.

What sets these two models apart is that in an open economy, both imports and exports are allowed, so that countries necessarily have to trade in more than one currency, so the exchange rate must be examined. In addition, business transactions are recorded in a balance of payments. So these are the two concepts that are not tried in a closed economy analysis, but are introduced in an open economy.

3 0
3 years ago
1The main reason that U.S. currency cannot be turned in to the government in exchange for a tangible asset such as gold is that:
White raven [17]
The correct answer for the question that is being presented above is this one: 
(1) <span>B)People prefer tangible items, so the government would not be able to satisfy demand for the tangible item at any fixed rate of exchange
</span>(2) <span>B)Potential buyers of the assets of a bank, incorrectly rumored to be distressed, may suspect the assets to be of poor quality.
</span>(3) <span>C) The Federal Reserve ("the Fed") stands ready to inject reserves into the system more quickly in a crisis.
</span>(4) <span>A)Checkable Deposits / Required Reserves</span>
7 0
4 years ago
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