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daser333 [38]
3 years ago
11

Define opportunity cost, please! Thank you!

Business
2 answers:
Brut [27]3 years ago
6 0

Opportunity costs represent the potential benefits an individual, investor, or business misses out on when choosing one alternative over another.

Over [174]3 years ago
6 0

Answer:

It's when you lose one opportunity due to picking something else or you lose a whole experience because of a chose you made. For example, if I decided to work at McDonald's then instead of going to school,I've lost a lot of chances because I made this one choice.

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Individuals have the choice whether to save or invest it is not recommended to do both. True or False?
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False.

While it is true that individuals can choose what to do with their money, both saving and investing are smart decisions when done right.

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3 years ago
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The majority of private sector employment in the u.s. economy is in the
sasho [114]
The majority of private sector employment in the u.s. economy is in the services.
The private sector is the part of the economy, generally pertain to as the citizen sector. Which is ruled by private individuals or groups, usually as a means of firm for profit and it is not regulated by the State.
6 0
4 years ago
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Romashka-Z-Leto [24]
What’s the question? Am I missing something?
3 0
3 years ago
Contractionary fiscal policy to prevent real gdp from rising above potential real gdp would cause the inflation rate to be _____
vekshin1

Answer:

Contractionary fiscal policy to prevent real gdp from rising above potential real gdp would cause the inflation rate to be <u>LOWER</u> and real gdp to be <u>LOWER</u>.

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A government engages in contractionary fiscal policy when it decreases spending or increases taxes. This is done to lower the economy's inflation rate, but it also decreases aggregate income which will decrease aggregate supply, resulting in a lower real gross domestic product.

6 0
4 years ago
On january 1, 2015, providence, inc., issues $1,000,000 of 10 percent, 5-year bonds at par value. complete the necessary journal
Shkiper50 [21]

On January 1, 2015, the date of issuance, the entry is:

2015

Jan 1

Cash                                         1,000,000  

                  Bonds Payable                                    1,000,000

On each January 1 for 5 years, beginning 2015 January 1 (ending 2020 January 1), the entry would be (Remember, calculate interest as Principal x Interest x Time):

Jan 1

Bond Interest Expense ($1,000,000 x 10% x 1)  100,000  

                  Cash                                                                               100,000

On January 1 (5 years later), the maturity date, the entry would include the last interest payment and the amount of the bond:

Jan 1

Bond Interest Expense ($1,000,000 x 10% x 1)  100,000    

Bonds Payable                                                  1,000,000  

                  Cash                                                                               1,100,000


5 0
3 years ago
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