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2 years ago

Which of these principles did adam smith believe essential to the survival of an economy?.

1 answer:

3 0

There are different kinds of theory. The principles that Adam Smith believe essential to the survival of an economy is the freedom to land and hold on to business profits.

<h3>What kinds of freedom did Adam Smith believe were vital to the survival of any economy? </h3>

Adam Smith was known to believe that the making of more resources available to all can make us to be more wealthier.

He believed freedom was important, such as the freedom to own land or property and hold on to the profits. He believed that people will participate in working very well, if they are given reward.

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During the fiscal year ended June 30, 20X9, the city of Moorhead constructed a new courthouse that was budgeted to cost $5,000,0

svetoff [14.1K]

Answer:

The correct answer to the following question is option A) $490,000.

Explanation:

In 20X9, June 30 , the city of Moorhead went on to construct a new courthouse whose total budgeted cost was $500,000.

And in July 20X8, the project was given to Diamond construction to build the courthouse for $480,000. And on June 20X9, Diamond completed the courthouse and gave city of Moorhead a bill of $490,000, which they accepted and paid. So the city of moorhead should report their expenses as $490,000 on the statement of revenues, expenditures and fund balance.

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2 years ago

If the equilibrium interest rate in the money market is 5%, then at an interest rate of 2% sellers of interest-bearing financial

expeople1 [14]

Answer: must offer higher

Explanation:

The financial world of investment is inter-correlated and products can sometimes be substitutes for one another. What this means is that if one financial product is not offering enough return on investment or is risky or for any other reason shakes their confidence in it, then investors tend to run to financial products that are perceived as better.

This is why when interest rates are stable and stocks are volatile, stock markets tend to lose value and bond markets sometimes gain value as investors leave the stock market and come to the bond market.

In the scenario described, the interest rate in the money market is 5%. If interest bearing financial assets are only at 2%, investors will leave/ not invest in those interest bearing bonds because the rate is lower. The sellers of such assets will therefore have to make them more attractive by increasing the the interest rates to find willing buyers.

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3 years ago

Many fast-food restaurants compete on lean business concepts. Match each of the following activities at a fast-food restaurant w

yawa3891 [41]

Answer:

1. C.

2. A.

3. B.

4. C.

5. A.

6. C.

7. B and C.

8. B.

9. A and B.

10. C.

Explanation:

1. Courteous employees is a total quality management (TQM).

2. Food produced to order is a just-in-time (JIT).

3. New product development is a continuous improvement (CI).

4. Clean tables and floors is a total quality management (TQM).

5. Orders filled within three minutes is a just-in-time (JIT).

6. Standardized food making processes is a total quality management (TQM).

7. Customer satisfaction surveys is both a continuous improvement (CI) and total quality management (TQM).

8. Continually changing menus is a continuous improvement (CI).

9. Drive-through windows is both a just-in-time (JIT) and continuous improvement (CI).

10. Standardized menus from location to location is a total quality management (TQM).

A lean business is a business concept used by organizations to eliminate waste and maximize value for growth and development. The lean business concept include the following;

<em>A total quality management (TQM) is a management framework that is focused on achieving long-term success through the satisfaction of your customers by the efforts of all the member of staff in an organization.</em>

<em>Just-in-time (JIT) is a management framework that is focused on cutting manufacturing costs and increase efficiency between suppliers and consumers through the use of a proper inventory system.</em>

<em>A continuous improvement (CI) is a management technique that is focused on improving manufacturing processes, products and services through the elimination of redundancy and time-wasting activities in an organization. </em>

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3 years ago

Jeff opted to exercise his August option on August 10 and received $2,500 in exchange for his shares. Jeff must have owned a(an)

gtnhenbr [62]

Answer:

c. American put.

Explanation:

American options are defined as the type of contract that allows owner to exercise his option rights on any date of his choosing. This can even be on the date of expiration of the option.

European option on the other hand only allows option rights on the day of expiration of the option contract.

American put option allows the owner sell his option at any period within the contract life.

In the given scenario Jeff decided to sell his August options on on the 10th of August (before the expiry date). In exchange he recieved cash of $2,500.

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3 years ago

The basic source of state government's revenue is the property tax. <br> a. True <br> b. False

just olya [345]

True. Property taxes are local government largest source of tax revenue.

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3 years ago