The government may either sell goods or render services like train, city bus, electricity, transport, posts and telegraphs, water supply, etc. The government also earns revenue from the production of commodities like steel, oil, life-saving drugs, etc.
Answer:
<em><u>short-termism
</u></em>
Is the acting upon short term vision of the needs and problems that must be addressed. It is a problem because the vision that is important is the Long path vision.
<em><u>What is “longpath” and why did Wallach develop the concept? </u></em>
Is a concept that combines long term vision and goal oriented. Wallach develop that concept as he did not find a term that frame what is intended in the long run that was goal oriented.
<em><u>Briefly discuss each of the three ways of thinking that Wallach describes. </u></em>
Transgenerational thinking: Thinking the impact of your actions in the future generations to come.
Futures thinking: The future is not related only with better technology but with how will human relationships, moral, art and feelings like compassion will evolve.
Telos thinking: This is an invitation to think having in mind what is the "ultimate aim" of our actions as little of they might be. It is important to raise the question: how this action that I am doing now will impact or change the future in 20,50 or 100 years to come.
<em><u>How does Wallach relate the future to a part of speech?
</u></em>
Wallach make a link between Thomas Khun quote: “People don’t shift unless they have a vision of what it is they’re shifting to.” an Martin Luther King Speech of "I Have a Dream" he says that that speech is successful as it shows what is the vision of what a dream must looks like
Answer:
Omar is paid on a <u>FIXED RATIO</u> schedule whereas Vincenzo is paid on a <u>VARIABLE RATIO</u> schedule.
Explanation:
When someone gets paid on a fixed ratio schedule, they are getting paid for every determined amount of time worked or tasks performed, e.g. you get paid $23 per hour, regardless of how much work you do.
Generally salespeople are paid using a variable ratio schedule because most (or all) of their salary is based on sales commissions. That means that the more they sell, the more money they earn, e.g. a salesperson is paid 3% of total sales.
Answer:
$372,125
Explanation:
Calculation to determine Vella's total deductible expenses for tax purposes
Rent $43,500
AddTravel expenses 4,350
Add Utilities 26,100
Add Wages 274,250
Add Payroll taxes 21,750
Add Property insurance 2,175
Total deductible expenses $372,125
Therefore total deductible expenses for tax purposes will be $372,125
Answer:
real GDP
Explanation:
Aggregate expenditure model is a term in economics that is used to describe a macroeconomic model that concentrates on the short-run relationship between total spending and real GDP, on the assumption that the price level is constant.
In other words, it compares the element of real spending with the level of economic activity which is real GDP
