The question is asking to state how government spending can trigger a chain of events that helps to improve the economy and base on my research, I would say that the answer would be that the money that the government spend creates jobs that could create chain reaction in the economy
As a group oligopolists would always be better off if they would act collectively as a single monopolist.
Why do oligopolists act together?
- By acting together oligopolistic firms can hold down industry output, charge a higher price, and divide up the profit among themselves.
- When firms ac t together in this way to reduce output and keep prices high, it is called collusion.
What are the advantages of oligopoly?
- An oligopoly can adopt a competitive strategy.
- The extra profits earned from an oligopoly can go into research and development.
- It can bring price stability to the market.
- Oligopolies can offer more information to their consumers.
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First is the export earnings. Through liberalisation of tariff and trade, export-oriented industries are required to be developed.
Second is the foreign capital flow, mainly via multinational corporations (MNCs) that bring technology.
Third is the deregulation of financial sector so that cross border mobility of resources gets momentum. In addition, trade policy, exchange rate policy, industrial policy, etc. are all relaxed. As the process of globalisation strengthens, all producers depend on global networks which establish links from the stage of raw materials to the final stage of delivery and marketing.
D) Account receivable and note receivable are showing in Expense
Correct answer choice is:
<h2>B. more government control over production.</h2><h3>Explanation:</h3>
A command economy is a regularity where the government, rather than the free market, decide what assets should be manufactured, how enormously should be manufactured and the amount at which the assets are allowed for trade. It also fixes finances and interests. The command economy is a fundamental characteristic of a communist nation.
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