Government Controls Production in Command Economy.
What is the economic command?When the government has complete control over the economy and the means of production, the economy is referred to as a command or planned economy. In a command economy, decisions on what to create, how to make it, and how to distribute it within the economy are made by the government.In a command economy, the government has complete authority over the economy it oversees. The government regulates wages and prices. There are few property rights, important companies and industries owned by the government, and active black markets.Supply and demand factors, which determine what, how much, and at what price goods and services should be produced, are not allowed under a command economy. Instead, all economic activities are planned, coordinated, and under the direction of a single government, which discourages market competition.Government Controls Production in Command Economy.
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What are the global implications for the product or service you are marketing? what are the global implications of your marketing strategy and recommendations?
The main global implication of a marketing strategy is the orientation toward meeting customer needs that results in increased customer satisfaction.
This global implication can be achieved only once you have identified your target market and the characteristics of your targeted customers through surveys and market studies Thus, this way you can focus on strategies to serve your customers better than your competition and achieve customer satisfaction.
A marketing strategy has important implications for product design and promotion. Once you know what your customers want, you have to just ensure that the product features meet their needs.
Hence, your company can increase both sales and profitability with improved customer satisfaction and innovative products.
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The labor-supply curve is affected by the trade-off between labor and leisure.
a. True
b. False
TRUE.
The labor-supply curve is affected by the trade-off between labor and leisure.
The opportunity cost of leisure depends on the wage rate, it increases and people supply more labor. Main factors determining the labor supply curve how desirable the work appears to its employees relative to the alternatives available in the market.
Other factors that encourages are government policies and procedures that are labor and trade effective or not. The quantity of workers trained for a particular job specifications. The number of workers in economy and the education required further.
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By repealing the corn laws and substantially moving toward free trade, ______________ retained its position as the world trade power during the 1800s.
By repealing the corn laws and substantially moving toward free trade, United states retained its position as the world trade power during the 1800s.
About corn law :
The Corn Laws were tariffs and other trade restrictions on imported food and corn enforced in the United Kingdom between 1815 and 1846. The word corn in British English denotes all cereal grains, including wheat, oats and barley. They were designed to keep corn prices high to favour domestic producers, and represented British mercantilism. The Corn Laws blocked the import of cheap corn, initially by simply forbidding importation below a set price, and later by imposing steep import duties, making it too expensive to import it from abroad, even when food supplies were short. The House of Commons passed the corn law bill on March 10, 1815, the House of Lords on March 20th and the bill received Royal assent on March 23, 1815.
Who benefited from the Corn Laws?
This law stated that no foreign corn would be allowed into Britain until domestic corn reached a price of 80 shillings per quarter. The beneficiaries of the Corn Laws were the nobility and other large landholders who owned the majority of profitable farmland.
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The _______ method analyzes the length of time it takes to recover, in net cash inflows, the cost of the initial investment.
A capital investment analysis method that measures the length of time it takes to recover, in net cash inflows, the cost of the initial investment.
A Capital investment analysis refers to a budgeting procedure which is used by companies and government agencies to assess the potential profitability of a long-term investment.
The payback period method is used in order to calculate investment returns, this is a method commonly used by corporations, investors, and financial professionals. Thus, to recover the initial costs associated with an investment, this method helps in determining how long it would take to do so.
Hence, capital investment analysis method that measures the length of time it takes to recover, in net cash inflows, the cost of the initial investment.
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The main determinant of the amount of money demanded for transactions is the level of ______
The main determinant of the amount of money demanded in transactions is the level of GDP is the main determinant of amount of money demanded transactions.
Gross Domestic Product (GDP) is the total monetary value or market value of all finished goods and services produced within a country over a period of time. As a broad measure of Gross Domestic Product, it serves as a comprehensive scorecard for the economic health of a given country.
Gross Domestic Product is a monetary measure of the market value of all final goods and services produced by a country over a specified period of time. Due to its complex and subjective nature, this indicator is often revised before it can be considered a reliable indicator.
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Well-conceived policies and operating procedures facilitate good strategy execution by A. leaving it up to employees regarding how things are to be done. B. removing roadblocks to creativity and innovation. C. fostering a work climate that preserves the status quo whenever possible. D. enforcing consistency in how strategy-critical activities are performed. E. channeling individual and group efforts along a strategy-supportive path.
The Well-conceived policies and operating procedures facilitate good strategy execution by:
They provide top-down guidance regarding how things need to be done.They help ensure consistency in how execution-critical activities are performedThey promote the creation of a work climate that facilitates good strategy execution.What is the use of Well-conceived policies?This refers to those policies that are well thought to achieve the aim and objectives of a long term goal of a firm
Hence, in a typical firm, these policies and procedures provide top-down guidance regarding how things need to be done, ensure consistency in how execution-critical activities are performed and promote the creation of a work climate that facilitates good strategy execution.
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Students who choose to attend a technical school will likely go to work in
A - the liberal arts
B - a STEM field
C - a trade
D - an unskilled job
Most time, the students who choose to attend a technical school will likely go to work in the trade.
What is a technical school?This refers to the schools are also known as technical colleges or institutes and offer an education that prepares students for a specific trade or career.
Most time, its issues a certification after studying a course that teaches certain education courses based on an occupational skill.
Among the options, the students who choose to attend a technical school will likely go to work in the trade.
Therefore, the Option A is correct.
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Answer: A trade
Explanation:
Ojo's portfolio's return is 12 percent. she is invested in cisco and ibm which had returns of 15 percent and 9 percent respectively. what percentage of jojo's assets are invested in each firm?
50% in Cisco and 50% in IBM
What is Asset investment ?Investment assets are material or intangible possessions acquired for the purpose of generating more income or retained for speculation in the hope of a rise in value in the future.
Mutual funds, stocks, bonds, property, and retirement savings accounts like 401(k)s and IRAs are a few examples of investment assets.
When a person invests in a thing, they do not intend to utilize it as a source of immediate consumption, but rather as a tool for future wealth creation.
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Question 6(Multiple Choice Worth 4 points)
(01.08 LC)
Which of the following is a benefit to the consumer who pays the minimum required payments on a credit card?
O Avoid paying late fees
O Pay off the balance quicker
O Save on taxes owed on the debt
O Eliminate compounding interest
Answer:
B. Pay off the balance quicker.
Explanation:
Learn more here:
https://www.forbes.com/advisor/credit-cards/credit-card-minimum-payments/
Check this to make this answer is correct.
Hope this helps!
The correct option is A. Avoid paying late fees is a benefit to the consumer who pays the minimum required payments on a credit card. Reduces the chance of incurring a late payment fee. improved financial management, especially during times of financial difficulty. prevents the credit card companies from flagging your account as unusual while keeping it active.
How is a minimum payment determined?Your monthly minimum credit card payment is determined by your interest rate and outstanding balance, and it may vary from month to month depending on how your balance shifts. A minimum payment is effectively the smallest sum that the bank will take each month in the settlement of your balance.
Even if it can seem insignificant, it's beneficial for you to at least pay the required minimum. By doing this, you can avoid incurring late fees and having a missing payment reported to the credit reporting agencies by your lender.
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Which event would definitely cause the equilibrium quantity of savings to decrease?
A leftward shift in the demand for loanable funds would definitely cause the equilibrium quantity of savings to decrease.
Loanable funds are the sum total of all the money people and entities in an economy have decided to save and lend out to borrowers as an investment rather than use for personal consumption. The term loanable funds are used to describe funds that are available for borrowing. In the loanable funds market, the price is the interest rate and the thing being exchanged is money.
The market for loanable funds is important because it is the link between those willing and able to lend and those who wish to borrow. The interest rate represents the cost of borrowing.
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Economists began to lose confidence in the phillips curve during the: __________.
i. 1980s.
ii. 1970s.
iii. 1930s.
iv. 1960s
Answer:
ii. 1970s
Explanation:
Economics began to lose confidence in the Phillips curve during the 1970s.
By purchasing one share of a market index etf, an investor will own the equivalent of __________ in their portfolio.
By purchasing one share of a market index ETF, an investor will own the equivalent of many stocks from many industries in their portfolio.
What is an ETF and how does it work?
Exchange-traded funds, or ETFs, are precisely what their name suggests: funds that trade on exchanges and often track a certain index. When you purchase an ETF, you receive a collection of assets that you can buy and sell during trading hours, potentially reducing your risk and exposure and assisting with portfolio diversification.
Is ETF high risk?
ETFs, which are low-cost and contain a variety of stocks or other securities, are thought to be low-risk investments due to their increased diversity. ETFs are the best kind of asset for the majority of individual investors to use when creating a diversified portfolio.
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An investor exercises the right to buy one additional share at $20 for every four shares held. how much should each share be worth after the rights issue if they previously sold for $50 each?
$45.00 should each share be worth after the rights issue if they previously sold for $50 each.
What is share?A share is a financial market unit used in mutual funds, limited partnerships, and real estate investment trusts. The term "share capital" refers to all of an enterprise's shares. A shareholder of the corporation is someone who owns stock in the company.
A share is a type of ownership unit that represents an equal amount of a company's capital. A share entitles the shareholder to an equal claim on the company's profits and losses. There are two types of shares: equity shares and preference shares.
A company's shares signify its ownership. When a person purchases stock in your company, they become a shareholder. Shareholders elect who runs a firm and participate in critical decisions.
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Cattell’s personality test identified ________ personality traits that were scored on a continuum from high to low.
Cattell’s personality test identified "16" personality traits that were scored on a continuum from high to low.
What is Cattell’s personality test?Allport's list was examined by Raymond Cattell, who reduced it to 171 traits primarily by removing words that were repetitive or unusual. He then determined which attributes are connected to one another using a statistical method called factor analysis.
Some of the descriptive phrases used for each of Cattell's 16 personality dimensions are described in the subsequent personality trait list.
Abstractness: Creative vs. RealisticUncertainty: Fear versus confidenceForceful versus submissive dominanceLiveliness: spontaneous versus controlled Emotional stability: calm compared high-strungFlexibility opposing clinging to the known versus being open to changeControlled versus uncontrolled perfectionismPrivacy: Open versus discreteArgument: Concrete vs abstractRule-consciousness: Adhering to the rules versus breaking themSelf-reliance: Dependence versus independenceSensitivity: Having a soft heart versus a strong mindUnrestrained social assertiveness versus shynesstension: agitated versus at easevigilance: trusting or suspiciousOutgoing versus reserved warmthTo know more about Raymond Cattell's Personality Factor, here
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A form used to organize and check data before preparing financial reports is known as a(n)?
A form used to organize and check data before preparing financial reports is known as Worksheet.
An accounting worksheet is a record used in the accounting department to research and version account balances. A worksheet is useful for making sure that accounting entries are derived efficiently. it is able to additionally beneficial for tracking the adjustments to an account from one length to the next.
it's far a tool used for clean coaching of changing entries and financial statements. The worksheet is a multi-column sheet or a computer spreadsheet wherein the accountant writes, in short, information vital for the education of changing entries and financial statements.
Benefits of using Worksheet- Aids in the education of financial statements. - link bills and adjustments to their effect on financial statements. -enables in making ready period in-between (monthly and quarterly) financial statements when journalizing adjusting entries is postponed till year-give up.
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What is the source of the u.s. fiscal imbalance and what are the painful choices that we face? the source of the fiscal imbalance is ______.
Social Security pensions and Medicare benefits are the sources of the U.S. fiscal imbalance and are the painful choices that we face.
What is the source of the fiscal imbalance?
The sources of the fiscal imbalance are:
The budget imbalance is brought on by income taxes and Social Security levies, among other things.Social Security benefits and federal government discretionary spending both helped to reduce the fiscal imbalance.What do you mean by fiscal imbalance?
When future debt commitments and income sources for a government are out of balance, there is a fiscal imbalance. The two types of fiscal imbalance that might affect a government's spending and revenue are vertical and horizontal.
How do you reduce fiscal imbalance?
The federal government should stop providing health and social payments to the provinces, simultaneously lower federal taxes, and let the provinces make up the lost money by increasing their taxes to put an end to the seemingly never-ending "fiscal imbalance" discussion.
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What costs are incurred in developing strategic alliances? how can these costs be managed?
There are various costs incurred by the organizations at the time of strategic alliance are the costs like
Inventory management costs, human resource management cost, processing cost general forecasting and miscommunication costs, product cost, maintainence cost, equipment cost, quality issues and controlling cost etc. costs are incurred.
All of the above given costs are to be effectively managed by both the firms. These costs could be managed by having a detailed budgeting, planning, accurate forecasting and analysis of the environments of the organization.
Knowing it beforehand that what you are going to do in your organization, you can pre plan the requirement of the resources to achieve them accordingly.
By forecasting as well as studying about the organization, you can also have an estimate of the idea regarding how well you are performing or not and thus can take right decision to invest and control the costs to have a good rate of success.
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If a company has preferred stock outstanding, a variation of calculating return on shareholders' equity can be made by making which adjustments to the ratio?
If a company has preferred stock outstanding, a variation of calculating return on shareholders' equity can be made by making adjustments to the ratio the equity accounts are reduced for amount the shares are originally sold.
Some of the important transactions that take place are the repurchases are recorded in the form stocks. Assets are recorded in for the stocks purchased. Equity accounts are reduced for the amount shares originally sold. Retained earnings are also shown as the purchases.
Adjustments are made keeping the ratio in mind without disturbing the variation in the share holders return and stocks outstanding remaining in the books of accounts.
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_____ are financial intermediaries that obtain funds by accepting checking and savings deposits from individuals, businesses, and other institutions, and then lending those funds to borrowers.
Depository institutions are financial intermediaries that obtain funds by accepting checking and savings deposits from individuals, businesses, and other institutions, and then lending those funds to borrowers.
What Is a Depository?
The term depository refers to a facility in which something is deposited for storage or safeguarding or an institution that accepts currency deposits from customers such as a bank or a savings association. A depository can be an organization, bank, or institution that holds securities and assists in the trading of securities. A depository provides security and liquidity in the market, uses money deposited for safekeeping to lend to others, invests in other securities, and offers a funds transfer system. A depository must return the deposit in the same condition upon request.
Financial intermediary.
A financial intermediary is an organisation that raises money from investors and provides financing for individuals, companies and other organisations e.g. banks, insurance companies and investment funds. - It is an important source of financing for corporations .
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The fed can adjust the ________ in order to shape the lending ability of commercial banks
The fed can adjust the reserve ratio in order to shape the lending ability of commercial banks.
A reserve ratio is the portion of a reserveable liability that a commercial bank must hold instead of lending or investing. This is a requirement set by the country's central bank (the Federal Reserve in the United States). Also called cash reserve ratio.
Reserve ratio requirements are set by the country's central bank. B. For the United States, the Federal Reserve System. The bank calculation is obtained by dividing the cash reserves held at the central bank by the bank deposits, expressed as a percentage.
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The _____ says that an employee may quit and an employer may fire an employee at any time for any reason.
The employment-at-will doctrine says that an employee may quit and an employer may fire an employee at any time for any reason.
What is the At-Will Employment Doctrine?At-will employment is a contractual relationship between an employer and an employee in which both parties are free to terminate the agreement at any time and for any reason, as long as the reason is not considered illegal. This form of employment gives both the hired professionals and the hiring companies complete freedom in their relationship.
Components of At-Will Employment
Although at-will employment gives maximum freedom and flexibility to both parties involved, the employer must make sure that the employee benefits from a suitable work environment and is properly motivated to fulfill their professional duties.
Therefore, several basic components need to be in place for at-will employment to work well for everyone involved:
The position must be properly defined.The duration of the agreement needs to be outlined.The employee needs to be aware of their professional expectations.The compensation’s method of calculation must be clear.Any bonus or benefit needs to be fully described.Any other elements or requirements that need to be specified: .The termination and severance conditions also need to be outlined.Therefore, we can conclude that the correct option is A.
Your question is incomplete, but most probably your full question was:
The __________ says that an employee may quit and an employer may fire an employee at any time for any reason.
a. employment-at-will doctrine
b. employee at-will doctrine
c. union doctrine
d. nonunion employee doctrine
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How did the planters (the largest slaveowners) justify the system of slavery? Why did poor southern whites support the institution of slavery and the power of the planter class?
The planter class was a socio-economic caste that dominated the agricultural markets of 17th and 18th century. They hired African-slave labor to work on their agricultural fields. They hired cheap and inexpensive slaves to make them work on the fields of tobacco and many other crops. Planters considered themselves to be of the superior race.
The poor southern whites support the institution of slavery because believed that the African-Americans were of a inferior race and the Planters were of the superior race. The southern whites were racist in nature and that made them feel as if slavery was justified.
Who are racists?People who believe that some castes are superior than other race are racists. They are often the people who are prejudiced against certain races.To learn more about racism visit: https://brainly.com/question/15450104
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One argument of pro-slavery was that black people could not function on their own in the world and needed the institution of slavery to protect them.
More aimed towards Europeans, Southerners argued that slavery was necessary for human progress as the Greeks and Romans used slaves to build their greatest achievements.
How did Southern planters justify the system of slavery?
Defenders of slavery argued that the sudden end to the slave economy would have had a profound and killing economic impact in the South where reliance on slave labor was the foundation of their economy.
The cotton economy would collapse.
The tobacco crop would dry in the fields. Rice would cease being profitable.
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You are looking for ways to save money when it comes to feeding your family. What is the most helpful way to cut back on food expenses?
The most helpful way to cut back on food expenses are:
Make a Family Budget Together. Trim the Family's Grocery Bill.How can budgeting help to to cut back on food expenses?Budgeting can be regarded as the process of creating a plan on how the money will be spent.
This spending plan which is known as budget helps ion the Creation of spending plan which will help to determine in advance how the money will be saved , hence most helpful way to cut back on food expenses is to make a Family Budget Together.
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Proponents of "no taxation without representation" claimed that although trade regulation was a legal means for parliament to raise revenue, direct internal taxes such as the stamp act were an illegitimate extension of parliamentary power. True or false?.
Proponents of "no taxation without representation" claimed that although trade regulation was a legal means for parliament to raise revenue, direct internal taxes such as the stamp act were an illegitimate extension of parliamentary power. The given statement is false.
What did no taxation without representation mean?
A population that is compelled to pay taxes to a government authority without having any input on that government's policy is referred to as having taxation without representation. "Taxation without representation is tyranny," was the catchphrase used by American colonists to rebel against their British overlords.
Who first said no taxation without representation?
"Taxation without representation is tyranny," the phrase that became an anti-British catchphrase before the American Revolution, is generally attributed to James Otis around 1761 and reflects the resentment of American colonists at being taxed by a British Parliament to which they did not elect representatives.
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The law of diminishing marginal productivity implies that increasing only one input will?
The law of diminishing marginal productivity implies that increasing only one input will lead to smaller and smaller increases in output.
What is the law of diminishing marginal productivity?An economic law guiding production states that if more variable input units are utilized in conjunction with a particular quantity of constant inputs, the overall output may grow at a quicker pace at first, then at a steady rate, but eventually at a declining rate. According to the law of diminishing marginal productivity, increasing merely one input leads to smaller and smaller improvements in output. According to the law of diminishing marginal productivity, opportunity cost rises as one input is raised to produce successive units of output. Consider a farmer who uses fertilizer as an input in the process of growing corn. Each unit of added fertilizer will only minimally boost production return up to a certain point.Therefore, the law of diminishing marginal productivity implies that increasing only one input will lead to smaller and smaller increases in output.
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The majority of u. s. men and women revealed what about money and potential romantic partners?
The majority of u. s. men and women revealed what about money and potential romantic partners Potential partners must have steady incomes.
Ordinary income refers to ordinary income from salaries (including commuting allowances), business income, real estate income, pension income, etc. Temporary income such as retirement income and extraordinary income from investments and businesses are not included. Bonds provide a stable source of income.
A stable and stable income is the basis of people's sense of security. "While it matters to them how much money people make, our research shows that the security of that income is also important.
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The notion that actual capital markets, such as the nyse, are fairly priced is called the?
Efficient Markets Hypothesis (EMH)
The notion that actual capital markets, such as the nyse, are fairly priced is called the Efficient Markets Hypothesis (EMH)
There are three market efficiency types which are allocative , operational and informational. Fairly priced stocks in capital market allow shareholders to notion through the process of buying and selling shares.
The share price reflects all the information that in with stock traded in capital markets fairly priced at a market. It also tells the asset value information of the underlying assets. Markets in which security prices fully reflect all relevant information available fundamental value of securities.
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In the cultural production process, the people who control the flow of information between producers and customers are called:___.
In the cultural production process, the people who control the flow of information between producers and customers are called Cultural Gatekeepers.
Cultural academics have dubbed cultural mediators "tastemakers," "gatekeepers," "surrogate consumers," "reputational entrepreneurs," or even "coproducers" of the work of art due to their shaping impact, particularly their legitimizing authority.
However, in reality, mediators carry out a variety of quite different and frequently unique tasks depending on how they contribute to the (increasingly) vertically stratified process of cultural creation.
The numerous functions and activities of cultural mediators, which is then followed by a discussion of the function and significance of critics and other mediators in the creation and consumption of culture.
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Maguire was considering selling stock as a source of funds but was concerned about?
Maguire was considering selling stock as a source of funds but was concerned about the loss of voting control of the company.
Promoting an inventory is simply as important and intensive of an operation as buying an inventory. buyers need to create a strategy for buying, protecting, or selling a stock that considers their chance tolerance and time horizon. traders would possibly sell their shares to modify their portfolio or unfastened up money.
It without a doubt depends on more than a few things, such as the type of stock, your threat tolerance, funding targets, quantity of investment capital, and many others. If the stock is a speculative one and plunging due to an everlasting change in its outlook, then it is probably advisable to promote it.
There aren't any rules stopping you from taking your cash out of the inventory marketplace at any time. however, there can be expenses, costs, or consequences involved, depending on the kind of account you have and the charge shape of your economic adviser.
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Marketers can control the external environment in which their organizations operate. What causes water heaters to build pressure?.
It is False that Marketers can control the external environment in which their organizations operate. They actually cannot control the external environment in which their organizations operate.
Why Marketers can control the external environment in which their organizations operate?Marketers may be able to affect the external environment and control the marketing mix, but they have little control over the overall environment in which their firms operate.
What causes water heaters to build pressure?The valve opens and releases the water that is generating the increase in pressure when the temperature or pressure of the water heater becomes too high.
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