Answer: the government rarely intervened in the economy to influence inflation or unemployment rates.
Explanation:
Up until the Great Depression of 1929 to 1932, the government followed a laissez-faire policy where they rarely intervened in the market to influence inflation or unemployment rate.
After the Great Depression and then the second world war, this changed and the Federal government became very active in the economy through fiscal policy and massive government spending enabled the U.S. to surge ahead of other nations in terms of development.
Answer:
decision support.
Explanation:
This describes the key business benefit of decision support. These are systems used to support a manager's determinations, judgments, and courses of actions within an organization or business. By providing up to date and valuable information, it provides managers with a way of validating which of the options that are available would be the best course of action in order to provide the organization with the best overall benefits.
In market economies, firms rarely worry about the availability of inputs to produce their products because, in market economies, buyers of inputs know that consumers want to purchase the product.
<h3>What is a market economy?</h3>
A market economy refers to the economic system where the decisions regarding investment, production, and distribution to the customers.
In a market economy, the allocation of resources by the entrepreneurs across different businesses and production processes is determined by the profits they hope to make by producing output that their customers will value that entrepreneurs paid.
Therefore, C is the correct option.
Learn more about the Market economy here:
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whaatt? um me? ._. is this even a question?
Answer:
d. $1,540 F
Explanation:
The formula to compute the variable overhead efficiency variance is shown below:
= (Actual direct labor hours - standard direct labor hours) × variable overhead per hour
where,
Actual direct labor hours is 2,380
And, the standard direct labor hours equal to
= 5,200 units × 0.5
= 2,600 hours
Now put these values to the above formula
So, the value would equal to
= (2,380 hours - 2,600 hours) × $7
= 1,540 favorable