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2 years ago

An economy where trade is encouraged and not monitored by the government is called a

Business

1 answer:

Jet001 [13]2 years ago

8 0

Based on the principle of trade, correct answer is b. free enterprise economy

<h3>Free enterprise economy</h3>

The free enterprise economy is an economic system that is based on demand and supply with no government influence or control.

In conclusion,we can conclude that free enterprise economy is the correct answer

Learn more on Free enterprise economy here: brainly.com/question/3369578

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Why should you memorize your social security number rather then carry your social security card in your wallet? Explain why you

kakasveta [241]

Answer:

Hmm.

Explanation:

Why should you memorize your social security number rather than carry your social security card in your wallet?

One big reason why you should NOT carry your social security number on you is that you could get robbed at ANY moment. And if someone has your Social security number, then they could slander your name.

Explain why you will need to provide your social security number to employers.

You will need to provide your social security number to employers because they need to make sure that you are you.

'Why do employers need my social security number? If an employer decides to extend you an offer, they will eventually need your social security number to verify your identity and work authorization and perhaps to complete a background check. However, they don't need it in the initial hiring phase.'

4 0

3 years ago

For normal goods, the demand curve is: A. upward sloping only if the income effect is larger than the substitution effect. B. al

Kruka [31]

Answer:

B) always downward sloping.

Explanation:

The demand curve for normal goods is always downward sloping because of a combination of three factors:

the purchasing power of the customers decrease and if the price of a product increases, consumers will be able to buy less even if they don't want to
consumer surplus decreases since the difference between how much a consumer is wiling to pay for the good and its actual price decreases or even becomes negative, so they will not be willing to purchase it
as the price of normal goods increases, consumers will tend to increase the quantity demanded for substitute products

6 0

3 years ago

Leon exchanges an office building which he held as investment property for a bowling alley. His office building has a basis of $

exis [7]

Answer:

According to Section 1031 of Internal Revenue Code, an exchange of like-kind property is referred to as like-kind exchange, if the exchange meets the following criteria:

The property should be exchanged only for the 'like-kind' (same class) property.
The 'like-kind' property that is in exchange should be either used in operations of business or held for investment purposes.
The exchange should be done under specific timing restrictions or requirements (for indirect exchanges through third parties).

Explanation:

A) Explanation: Since both the properties in exchange are real properties which are used in business, this is a like-kind exchange

Description Amount ($)

Fair market value of bowling alley 120,000

Add: Mortgage value L is relieved off 40,000

Amount reali7ed 160,000

Less: Adjusted basis (175:000)

Realized loss by L (15,000) 

C) Explanation: Since the loss realized is due to exchange, the loss is not recognized.

D) Explanation: Since the loss is not recognized, the character of gain or loss could not be

E) Explanation: The total of realized loss, $15,000 (From Requirement (b)) is deferred.

F) Determine the basis of property acquired in exchange, bowling alley.

Description Amount ($)

Fair market value of bowling alley 120,000

Add: Deferred loss 15,000

Basis of bowling alley 135,000

8 0

3 years ago

Transfer payments alter household income, but they do not reflect the economy's production.

Dominik [7]

I think it might be true, I’m so sorry if I’m wrong

8 0

2 years ago

What agency provides over 25,000 government publications?

shepuryov [24]

Answer:

Correct Answer:

4. The Government Printing Office

Explanation:

The United States Government Publishing Office is an agency of the legislative branch of the United States federal government with the mandate to inform the Nation by producing, procuring, and disseminating printed and electronic publications of the Congress as well as the executive departments and establishments of the Federal Government.

7 0

3 years ago