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leva [86]
3 years ago
10

The free market idea is generally associated with which economic system?

Business
1 answer:
ehidna [41]3 years ago
7 0

Answer:

The term “free market” is sometimes used as a synonym for laissez-faire capitalism. When most people discuss the “free market,” they mean an economy with unobstructed competition and only private transactions between buyers and sellers.

hope this helps

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Mariah applied for a loan at a financial institution. The loan officer will look at ____ to determine if she will qualify.
kow [346]

Answer:

im not sure but i think it is d

Explanation:

4 0
3 years ago
What are the main goals of Fiscal Policy?
melisa1 [442]

Answer:

In economics and political science fiscal policy is the use of government revenue collection and expenditure to influence a country's economy. The use of government revenue expenditures to influence macroeconomic variables developed in reaction to the Great Depression of the 1930s, when the previous laissez-faire approach to economic management became unworkable. Fiscal policy is based on the theories of the British economist John Maynard Keynes, whose Keynesian economics theorized that government changes in the levels of taxation and government spending influence aggregate demand and the level of economic activity. Fiscal and monetary policy are the key strategies used by a country's government and central bank to advance its economic objectives. The combination of these policies enables these authorities to target inflation and to increase employment. Additionally, it is designed to try to keep GDP growth at 2%–3% and the unemployment rate near the natural unemployment rate of 4%–5%.This implies that fiscal policy is used to stabilize the economy over the course of the business cycle.

Explanation:

hope this helps if not please let me know

3 0
2 years ago
If the inventory at murray manufacturing was $100 in 2019 and fell to $75 in 2020, was that a source or a use of cash for the co
Brums [2.3K]

The reduction in inventory value at Murray manufacturing is a source of cash

What is difference between use and source of funds?

A transaction is a use of  cash if it requires more cash to be spent on its during the period under review whereas for a source of cash, there would a reduction in its cash usage for the company

In this case, inventory value fell from $100 in 2019 to $75 in 2020, reducing by $25, which means that inventory made use of lesser cash in 2020,releasing $25 for other uses, hence, inventory is a source of cash.

Find out more use or source of cash on:brainly.com/question/28341877

#SPJ1

5 0
2 years ago
Monty Manufacturing builds playground equipment that it sells to elementary schools and municipalities.​ Monty's management has
telo118 [61]

Question

Monty Manufacturing builds playground equipment that it sells to elementary schools and municipalities.​ Monty's management has contracted you to perform a variance analysis on the fixed manufacturing overhead for its line of slides.​ Monty's cost accounting team informs you that it allocates fixed overhead based on machine hours. This period production was budgeted at  35 0 slides

. Budgeted and actual production data​ follows:

Standard fixed overhead cost per machine hour  $5.00

Standard machine hours per slide  9

Actual production  390

Actual fixed overhead cost  $20,000

What is the fixed manufacturing overhead volume variance in this​ period?

Answer:

Fixed overhead volume variance  $1800 Favorable

Explanation:

Standard fixed cost per unit = cost per hour × standard hours

                                             =  $5.00  ×9  = $45

                                                                                     Units

Budgeted  production unit                                      350

Actual       production unit                                        <u>390</u>

Volume variance in (units)                                       40

Standard fixed over cost per unit                           <u>× $45</u>

Fixed overhead volume variance                          <u>  1800 </u>Favorable

Fixed overhead volume variance  $1800 Favorable

5 0
3 years ago
C) Explain briefly the three stages of orientation process
alexandr1967 [171]

Answer:

<u><em>There</em><em> </em><em>are</em><em> </em><em>4</em><em> </em><em>stages</em><em> </em><em>of</em><em> </em><em>orientation</em><em> </em><em>process</em></u>

1<u>)</u><u> </u><u> </u><u>The Pre-Orientation Stage</u>

Although all the levels of orientation are essential, some companies skip the pre-orientation stage for new hires, and that could be a mistake. Pre-orientation begins before the start date of your new employees and involves sending a package of information via email or postal service. This package typically includes documents such as an organizational chart, vision statement, mission statement, explanation of benefits, annual report and a checklist of what the actual orientation will cover. Sending a pre-orientation package increases the level of comfort your new hires will have when they arrive to work on their first day, and it allows them to prepare questions in advance. Some companies also include a small giveaway in the package, such as a company mug or T-shirt, which can help create a sense of camaraderie.

2<u>)</u><u> </u><u> </u><u>The Introduction to the Job-Site Stage</u>

In this orientation stage, your goal is to make new hires comfortable in their new work environment. In the first part of this orientation stage, new recruits are given information about your company’s aims, objectives, culture, organizational structure, strategic plan, customer base and future goals. The second part of this orientation stage typically is a tour of the workplace, including seeing equipment, identifying potential safety hazards, and meeting some of the managers and supervisors in each department. The purpose of this job-site orientation is to make your new hires familiar with the basic layout of the company and to understand the general precepts that govern how the workplace functions. This orientation usually takes a day to complete.

3) <u>The</u><u> </u><u>Job</u><u> </u>- <u>Speci</u><u>fic</u><u> </u><u>Orien</u><u>tation</u><u> </u><u>Stage</u>

In this stage, new hires are given job- or task-specific orientation, typically by their immediate supervisor. New employees learn details about their specific department or team, including information about breaks, absences, parking facilities, personal phone calls, email and internet policy, as well as the standards of performance for their work. The goal is to shrink the orientation to the actual tasks that the new employee will perform, with an understanding of the normal workday processes that will ensure maximum efficiency. In some instances, you may want to assign a “buddy” to your new hire. This buddy’s job is to become a guide during the new hire’s first weeks or months of work, answering questions, acting as a sounding board, and relaying critical information about projects and deadlines.

4) <u>The Follow-Up Orientation Stage</u>

Although there are multiple levels of orientation that last several days, the truth is that new hire orientation is a months-long process. That’s why the follow-up stage is so critical – it allows you to determine how well your new employee is adjusting to the job. Follow-up usually occurs on a weekly basis. Supervisors or managers meet with the new employee to discuss any issues and problems that have arisen. Supervisors should encourage new employees to ask questions and honestly express challenges they are facing. The follow-up orientation stage lets you determine how well your employee is performing assigned duties and also reveals how well your company has done in providing all the tools and help necessary for new hires to flourish. Of all the levels of orientation, this one is most critical to long-term success.

3 0
3 years ago
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