Which statement best describes a pure market economy?

Producer intervention in economic choices is strictly forbidden.
The government determines economic choices and makes most decisions.
The decisions made by producers and consumers drive all economic choices.
Producers and consumers make some economic choices while the government makes others.

Answers

Answer 1

C. The decisions made by producers and consumers drive all economic choices.

Answer 2

The best statement is: The decisions made by producers and consumers drive all economic choices.

What is pure market economy?

A pure market system involves the free exchange of goods and services and private ownership of property.

For a pure market economy, one of its distinct characteristic is that there is no government involvement in the market.

The above means that all economic choices and activities in a country are in control of private sectors.

Therefore, the decisions made by producers and consumers drive all economic choices best describes a pure market economy.

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Related Questions


Engineering Chiefs, a large U.S.-based mechanical engineering firm, wants to enter the global market.
Upon careful analysis of the market, they will find that global trade
(1 point)
A. opportunities are diminishing.
B. is dominated by emerging, developing countries.
C. is likely to be severely restricted in the future by nontariff trade barriers.
D. is big business today and is expected to be more important in the future.

Answers

Answer:

D. is big business today and is expected to be more important in the future.

Explanation:

Advancement in technology,  improved logistics and transports networks, and cooperation between countries are some of the reasons making international trade grow exponentially. The flow of people and commodities across borders is much faster and easier in modern times. Many countries also have liberalized their economies, resulting in fewer restrictions on imports and exports.

Due to these reasons, international trade has become very competitive. The quantities and value of international trade are increasing and will continue to grow. The interdependence of firms in and countries mean that international trade will remain important.

HURRY PLEASE I WILL MARK BRAINLIEST (answer one by one please)

Lindsay needs to purchase a car. The car she wants to buy costs $8,000. She has saved $2,000 for her down payment. She is offered credit terms of 3% APR for a term of 3 years. Please calculate the following:

Blank 1: To purchase the car, what is the amount that Lindsay will need finance? (1 point)

Blank 2: In one year, how much interest will Lindsay pay on this loan? (1 point)

Blank 3: After three years, what will the actual/total cost of the car be in dollars? (3 points)

(down payment+amount financed+interest=actual cost of car)

Answers

Answer:

c

Explanation:

blank 1   400

blank 2 4800

blank three 8000

Explanation:

teheeheeee

What is one way a market economy affects the lives of private citizens?

Citizens can change jobs relatively easily.
Citizens cannot choose their own careers.
Citizens do not have to pay for their housing.
Citizens have little freedom and independence.

Answers

Answer:

A. citizens can change jobs relatively easily

Explanation:

Edge Test

A way the market economy affects the lives of private citizens is citizens can change jobs relatively easily.

What is the market economy?

A market economy is an economy where production decisions are made by the economic forces. There is little or no intervention of the government in production decisions.

Characteristics of a market economy:

Private ownership of means of productionfreedom of choice.

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Rachel earned $40.000 at her job last year. She pays 25% of her income as taxes. What amount did Rachel pay in taxes last year?

Answers

Answer:

10,000

Explanation:

25÷100= 0.25

0.25× 40,000= 10,000

Answer:

$10.000

Explanation:

You are welcome

If Adam orders a book from Store X, how much will he owe to the nearest cent? The tax rate only applies to the cost of the book. Comparison of Online Bookstores Store X Store Y Cost of book $17.00 $18.00 Tax rate 6% 8% Shipping 10% of cost of the book FREE

Answers

Answer:

$19.72

Explanation:

The costs associated with ordering from store X are

cost of the books $17tax rate 6%Shipping cost 10%

The total cost that Adam will pay

a). cost of the book $17.00

b). 6% tax

=6/100 x $17

=0.06 x $17

=$1.02

c). The shipping rate 10%

=10/100 x $17

= 0.1 x $17

=1.7

Adam will pay =$17 +$ 1.02 +$ 1.7

=$19.72

Answer:

$19.72

Explanation:

1, Find tax:

17.00(0.06)=1.02

another way:

17.00(6/100)

2, find shipping:

17.00(0.10)=1.70

or:

17.00(10/100)

3, add:

original add tax add shipping

17 + 1.02 + 1.7= 19.72

Answer: $19.71

Which question can help a writer analyze a prompt and develop a claim for an argumentative essay?

Does the conclusion restate the claim?
What is the main purpose of the essay?
Is supporting evidence included?
Is the claim clearly stated?

Answers

the answer is b.

i took the test

The following question can help a writer analyze a prompt and develop a claim for an argumentative essay:

What is the main purpose of the essay?

Argumentative essays

The question mentioned can help you analyze a prompt and develop a claim for an argumentative essay because it makes the writer think about the reason they are writing an argumentative essay, what do they want to write about and what they want the reader to know about this specific topic.

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Do you think it is easy or difficult for
different types of personalities to work
together?
PLEASE HELP ME

Answers

Answer:

This question does not have a single possible answer, as it depends on whether the different personalities are antagonistic or complementary to define whether it is easy or difficult for people with these personalities to work together.

Thus, for example, if one person is irascible and the other is calm and understanding, most likely both personalities complement each other without problems and can work together. On the other hand, if a person with a haughty and arrogant personality is added to the irascible personality, it is most likely that both will give each other negative feedback, making it almost impossible to work together.

Do you like it? Should I add it as my background?

Answers

Answer:

yeah it's pretty and you should add it but the picture is a little grainy so i would suggest finding a similar photo (or the same one) but less grainy

Explanation:

Answer:

omg!! yass

Explanation:

please help (:

20 pts !!

Answers

I assume this is referring to the font point (pt) or the font size, for example, 11pt as you have on that image.

If this is referring to the name of the specific part of a word processing program to change font size please let me know and I will do some searching to find your answer.

Gaia’s gross pay per month is $2,895. Her deductions are listed in the table. Deduction Dollar Amount Federal Income Tax $324 State Income Tax $96 Social Security $126 Medicare $39 What is Gaia’s net pay each month? $2,310 $2,349 $2,475 $2,571

Answers

Answer:

$2,310

Explanation:

Net pay is obtained by deducting all expenses for the gross pay.

I.e., Gross pay - deductions = net pay

Gross pay = $2,895

Deductions are

Federal Income Tax  $324

State Income Tax   $96

Social Security   $126

Medicare    $39

Total deductions =  $585

Net pay =  $2,895 - $585

Net pay =$2,310

Answer:

hi the answer is A) 2,310

Explanation:

hope this helped

Pls i need this fast!! 30 pts!!
What quality assurance activity is a purchasing manager responsible for?

A. Inspecting the quality of goods received from a supplier

B. Ensuring that the product design process includes high-quality materials

C. Overseeing the daily operations of suppliers to ensure their compliance with quality standards

D. Responding to service calls from customers whose products have quality issues

Answers

Answer:

A is the answer

Explanation:

Since it is the purchasing managers job to find the best supplier it is also their job to assure that the supplier doesn't only give a better price do to quality cutbacks because it would cost consumer relations if this is a problem they would have to change suppliers.

Answer:

i took the quiz and A is the correct answer

Explanation:

Pete is trying to get a loan. He has a credit score of 480. How is Pete’s lender likely to view this credit score? Pete is responsible and will pay the loan back on time. Pete is responsible but will not pay the loan back on time. Pete is irresponsible but will pay the loan back on time. Pete is irresponsible and will not pay the loan back on time.

Answers

Answer:

Pete is irresponsible and will not pay the loan back on time.

Explanation:

Borrowers can be classified into four groups depending on their credit scores.  Credit score range from 300 to 850

Scores between 300 to 629: Bad

From        630 to 689: Fair

From        690 to 719: Good

From       720 t0 850 : Excellent

Pete is in the lower band of credit score. His credit score is very low. It could be a result of bad history in debt repayment. For this reason, lenders will assess him as a high-risk customer.  Pete is poor at managing debts and is likely to default on future loans.

Answer:

D

edge 2021saaaa d feezsqqaazz

Hy plz help me ☺️spirit is needed to develop team spirit how?​

Answers

6 ways you can encourage team spirit in the workplace
Employ the right people. If creating an environment where team spirit is central, you should start with the employment process. ...
Eat lunch together. ...
Organize social events. ...
Workshops can also be useful. ...
Share praise and feedback. ...
Be Inclusive.

Answer:

teheteheeeee

Explanation:

Describe the differences and similarities surrounding the circumstances that caused the financial crisis during the 1980s and the crisis of 2007.

Answers

Answer:

The financial crisis that began in the 1980s was the result of lax government regulations and management fraud that led to the closure of more than 1,000 savings and loans. The 2007 crisis was the result of risky mortgage loans and investments connected with those loans. In each case the situation resulted in borrowers’ inability to pay back loans and caused many to lose their homes due to foreclosure.

Explanation: Took the practice test on edge and this was the sample response. ^-^

Increased unemployment, loss of income and increased risk have been among the major social impacts of the crisis.

What do you mean by financial crisis?

A financial crisis is when financial instruments and assets fall sharply in value.

In the 1980s, The financial crisis that occurred was the result of government regulations and administrative fraud that resulted in the closure of savings and more than a thousand loans.

The crisis of 2007 was the result of risky home loans and investments related to those loans.

Thus,these are the differences and similarities of the financial crisis during the 1980s and the crisis of 2007.

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In which market does a company's initial public offering (IPO) occur?

A primary
B. secondary
С. ОТС
D. NASDAQ
E. Bull Market

Answers

Answer:

A primary

Explanation:

The operations of the capital markets are categorized into primary and secondary markets. The primary market is where enterprises sell new bonds and equity to the public for the first time.  A good example is the initial public offering (IPO). An IPO is a process of issuing out new shares of a corporation to the public for the first time.

The primary market is for new shares, bonds, and other money market securities issued for sale for the first time.

A person who fails to make loan payments on time is likely to face which
consequence?
A. Paying higher interest rates on future loans
B. Having his or her credit score greatly increased
C. Being arrested and charged with bank fraud
D. Being given a lower debt-to-income ratio

Answers

the answer is A. Paying higher interest rates

A person who fails to make loan payments on time is likely to face the consequence of paying higher interest rates on future loans. The correct option is A.

When a borrower fails to make loan payments on time, it can negatively affect their credit score. This can make it harder to obtain future loans or credit cards, and lenders may charge higher interest rates to compensate for the increased risk of lending to someone with a lower credit score.

It is important to note that failing to make loan payments on time does not typically result in being arrested and charged with bank fraud. However, it is important to communicate with the lender and work out a plan for repayment to avoid further consequences such as defaulting on the loan or having the loan sent to a debt collection agency.

Thus, the ideal selection is option A.

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Fiber optics have been "too good for their own good," fueling an over-reliance on (wireless) cloud computing that now requires integrated photonics to relieve the increasing demands society makes of the technology. Can you think of another example where such a back-and-forth between a technology's capability and society's response has guided its evolution?

Answers

Answer:

Cell phones

Explanation:

If we go back a few years in time, a little over 30 years actually, cell phones were not smart and you could only talk with them. Actually, they were so big and heavy, that you could use them as hammers also. Motorola's first cell phone was as big as a shoe box and weighted around 2.5 pounds. Back then cell phones were expensive and very few people used them.

Fast forward a few years and smaller cell phones appear and 2G technology arrives. You could use a cell phone to call or message someone else. As cell phones got cheaper, more and more people started to use them and companies like AT&T started to collapse and you couldn't get a decent signal anywhere.

But cell phones would continue to improve and 3G was developed in order to satisfy the growing number of consumers. AT&Ts signal was still terrible. Blackberry came and phones started to get smarter. But as cell phones got smarter, more people wanted them. Then came Steve Jobs with the iPhone and demand grew so much that all the companies' systems collapsed (now all were as bad as AT&T).

That led to the introduction of 4G technology, but even before 4G technology is available everywhere, 5G technology has been developed. Finally, 5G technology is available in all the US (this year AT&T managed to do so, although Verizon did it earlier). But in other countries, 5G technology is already becoming obsolete and 6G is soon to be the standard.

Our everyday use of smart devices has forced technological advances to speed up. It took about 15 years for 2G to arrive, and then it took about 10 for 3G to be available. But in less than 15 years other countries have gone from 3G to 6G (China has already launched its 6G satellites which will start providing that technology).

Wrote off an uncollectible account for $650. Provided $88,000 of services on account. Provided $32,000 of services and collected cash. Collected $81,000 cash from accounts receivable. Paid $65,000 of salaries expense for the year. Adjusted the accounts to reflect uncollectible accounts expense for the year. Leach estimates that 5 percent of the ending accounts receivable balance will be uncollectible. d-1. Organize the transaction data in accounts under an accounting equation. d-2. Prepare an income statement for 2019. d-3. Prepare the statement of changes in stockholders' equity for 2019. d-4. Prepare the balance sheet for 2019. d-5. Prepare the statement of cash flows for 2019. d-6. What is the net realizable value of the accounts receivable at December 31, 2019?

Answers

Answer:

This question is incomplete. Since it is missing most of the information, I looked for a similar question and found this:

2018:

Issued $10,000 of common stock for cash. Provided $78,000 of services on account. Provided $36,000 of services and received cash. Collected $69,000 cash from accounts receivable. Paid $38,000 of salaries expense for the year. Adjusted the accounting records to reflect uncollectible accounts expense for the year. Leach estimates that 5 percent of the ending accounts receivable balance will be uncollectible. Closed the revenue account. Closed the expense account.

2019:

Wrote off an uncollectible account for $650. Provided $88,000 of services on account. Provided $32,000 of services and collected cash. Collected $81,000 cash from accounts receivable. Paid $65,000 of salaries expense for the year. Adjusted the accounts to reflect uncollectible accounts expense for the year. Leach estimates that 5 percent of the ending accounts receivable balance will be uncollectible.

journal entries 2018

Issued $10,000 of common stock for cash.

Dr cash 10,000

   Cr common stock 10,000

Provided $78,000 of services on account.

Dr accounts receivable 78,000

    Cr service revenue 78,000

Provided $36,000 of services and received cash.

Dr cash 36,000

    Cr service revenue 36,000

Collected $69,000 cash from accounts receivable.

Dr cash 69,000

    Cr accounts receivable 69,000

Paid $38,000 of salaries expense for the year.

Dr wages expense 38,000

    Cr cash 38,000

Adjusted the accounting records to reflect uncollectible accounts expense for the year.  Leach estimates that 5 percent of the ending accounts receivable balance will be uncollectible.

Dr bad debt expense 450

    Cr accounts receivable 450

Closed the revenue account. Closed the expense account.

Dr service revenue 114,000

    Cr income summary 114,000

Dr income summary 38,450

    Cr wages expense 38,000

    Cr bad debt expense 450

Dr income summary 75,550

    Cr retained earnings 75,550

income statement 2018

Service revenue           $114,000

Expenses:

Wages $38,000 Bad debt $450    ($38,450)

Net income                   $75,550

balance sheet 2018

Assets:

Cash $77,000

Accounts receivable $8,550

total assets                                           $85,550

Equity:

Common stock $10,000

Retained earnings $75,550

total equity                                            $85,550

statement of cash flows 2018

Cash flows form operating activities:

Net income                                      $75,550

adjustments:

Increase in accounts receivable     ($8,550)

net cash from operating activities  $67,000

Cash flow from financing activities:

Common stocks issued                   $10,000

Net cash increase                           $77,000

beginning cash balance                          $0

Ending cash balance                      $87,000

journal entries 2019

Wrote off an uncollectible account for $650.

Dr bad debt expense 650

    Cr accounts receivable 650

Provided $88,000 of services on account.

Dr accounts receivable 88,000

    Cr service revenue 88,000

Provided $32,000 of services and collected cash.

Dr cash 32,000

    Cr service revenue 32,000

Collected $81,000 cash from accounts receivable.

Dr cash 81,000

    Cr accounts receivable 81,000

Paid $65,000 of salaries expense for the year.

Dr wages expense 65,000

    Cr cash 65,000

Adjusted the accounts to reflect uncollectible accounts expense for the year.  Leach estimates that 5 percent of the ending accounts receivable balance will be uncollectible.

Dr bad debt expense 745

    Cr accounts receivable 745

income statement 2019

Service revenue             $120,000

Expenses:

Wages $65,000 Bad debt $1,395    ($38,450)

Net income                      $53,605

balance sheet 2019

Assets:

Cash $125,000

Accounts receivable $14,155

total assets                                           $139,155

Equity:

Common stock $10,000

Retained earnings $129,155

total equity                                            $139,155

statement of cash flows 2019

Cash flows form operating activities:

Net income                                      $53,605

adjustments:

Increase in accounts receivable     ($5,605)

net cash from operating activities  $48,000

Net cash increase                           $48,000

beginning cash balance                 $77,000

Ending cash balance                    $125,000

net realizable value accounts receivable

net realizable value of accounts receivable 2018 = $8,550

net realizable value of accounts receivable 2019 = $14,155

ALL demand are desires but all desires are not
demond.justify?

Answers

Answer:

Because desire is an individual or community request and it doesnt represent the entire market while demand is the request of of the market directly

Explanation:

Because desire is an individual community request

Explain the levels of shariah rulings by giving examples of each relevant to the financial transaction.

Answers

Answer:

The levels of shariah rulings by giving examples of each relevant to the financial transaction  is explained below in complete details.

Explanation:

Rules of Islamic Finance

The laws of Islamic finance adhere to the general sources of withdrawing Qimar and Maysir which are betting and gambling along with Gharar which is risk linked with exploitation and unfairness. This shuts access to the theory of interest and prevents the use of conventional debt-based devices. The Islamic financial system promotes risk-sharing, encourages entrepreneurship, discourages dangerous behavior, and emphasizes the sacredness of contracts.

Activity 4
எப்பMdwood
Erik wants to calculate the break-even point for the number of jobs needed for the new
transport service. He has given you the following figures for the first month of operation.
Fixed costs
£60.00
Variable costs for each job £3.50
Selling price for each job £18.50
The formula used to calculate the break-even point for each job is
Break-even point =
Fixed costs
(Selling price - variable cost)
(a) Using the figures given, calculate the break-even point.
(2)
Show your workings.

Answers

Answer:

=4 jobs

Explanation:

As per contribution margin theory,

the formula for calculating the break-even point is as below

Break-even  point = fixed cost/ contribution margin per unit

for this transport service

Fixed costs £60

contribution margin per unit = selling price - variable expenses

= £18.50 - £3.50

=£15

Break-even points =£60/£15

=4 jobs

who is johnny sins?
A - a doctor
B -dentist
C -firefighter

Answers

Answer:

A-doctor

Explanation:

fwweeeeee brainliest!!

Answers

Aww thank you soo much
answer:

thank you

explanation:


Production is not complete Until goods
reaches the final Consumer Explain​

Answers

Answer:

 B. goods reached the final consumer

Multiple-choices

   A. goods gets to the wholesaler

   B. goods reached the final consumer

   C. factors of production are combined

   D. goods are ready for transportation

   E. wholesalers ask the firms to produce

Explanation:

Like all other businesses, a firm that produces goods for sale is driven by profit motives. The producer's main objective is to make goods that satisfy the customer's need and make profits. For this objective to be met, the producer must find a way of getting the goods to the consumer.

A marketing distribution channel or the distribution channel is the avenue producers use to deliver their products to final consumers. The channel has businesses ranging from distributors, wholesalers to retailers. The retailer is the final trader who sells directly to consumers. It is the consumer that pays the price for the goods, thereby earning the producer their profits.

The weather forecast calls for sunny skies tomorrow. What weather condition is associated with GOOD weather

Answers

Answer: Fair: A weather term implying no precipitation and no extreme conditions of clouds, visibility or wind.

Explanation:

Erik's job is to negotiate the best price for his client, a retaller that sells high-end shoes. He approaches a shoe manufacturer with whom the retailer wants to carry out business. He tells the manufacturers that his client is willing to purchase 10 pairs of shoes of every size if they lower their price by 10 percent. What kind of intermediary is Erik?
A. distributor
B. consumer
C. wholesaler
D. broker

Answers

Answer:

D. broker

Explanation:

A broker is a person or a firm who organizes or arranges for financial transactions between two parties or more. A broker is an intermediary because they connect a willing seller to a willing buyer for a commission. Brokers do not take ownership of the products being transacted. They only create a link between buyers and sellers.

Erick is a broker. He acts on behalf of the retailer and connects them to the manufacturer.

Cactus cactus? or Bagel bagel?

Answers

Answer:

Both

Explanation:

To increase tax revenue, the us government in 1932 imposed a 2 cent tax on checks written on bank account deposits (in today's dollars, this tax would amount to about 34 cents per check.)



a. How do you think the check tax affected the currency-deposit ratio? Explain



b. Use the model of the money supply under fractional-reserve banking to discuss how this tax affected the money supply



c. Many economist believe that a falling money supply was in part responsible for the severity of the great depression of the 1930s. From this perspective, was the check tax a good policy to implement in the middle of the great depression?

Answers

Answer:

A) by introducing the check tax, the government actually made the people use more cash and less checks in order to avoid paying the tax. This lead to an increase in the currency deposit ratio, which means that people have more cash and less money deposited in the banks.

B) since the currency deposit ration increased, banks had less money to borrow, which in turn decreased the money multiplier and the banks' ability to create money.

C) carrying out this policy was like engaging in a contractionary monetary policy which was a terrible idea. The government should have done the opposite and expand the money supply and the banks' ability to create money in order to boost economic growth.

why do you think that continuing to add employees, stops to be effective at a certain point ?​

Answers

Because if more employees cost more to employ than how much they add to the profit of the company, then they aren’t being used efficiently.

High government expenditures can lead to a bigger

revenue.
stimulus.
deficit.
surplus.

Answers

Answer:

deficit.

Explanation:

The term deficit describes the scenario where government expenditures exceed the projected revenues.  It is when the government intends to spend more money than it can raise.  Therefore, a deficit is when the government expenses are more than the revenue collected.

Defic contrasts with a surplus, which is a situation where revenues exceed expenses. The government borrows from the domestic and international markets to cover the shortfall associated with a

High government expenditures can lead to a bigger : Deficit

What is government expenditure?

Government expenditure is the  purchase of goods and services, which comprises public consumption and public investment.

The term deficit describes the scenario where government expenditures exceed the projected revenues. It is when the government intends to spend more money than it can raise.

Deficit arises because the government has engaged in extra spending projects like :

Infrastructure spending.Grants to businesses.

Therefore, high government expenditures can lead to a bigger deficit.

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g(n) = n + 2; Find g(6) clarify why a diagram of evolution looks more like a bush than a straight line. 1. Identify what type of investment the Farrier stock is for Bryant. 2. Journalize the transactions related to Bryant's investment in the Farrier stock during 2018. 3. In what category and at what value would Bryant's report the investment on the December 31, 2018, balance sheet What western city did the Mormon Church found?A) Salt Lake CityB) OmahaC) CarthageD) Las Vegas Evelyn has some money in her checking account. If she writes a check for $42.50, her checking account will be overdrawn by $23.75. Find how much money is Evelyns checking account now. How many teaspoons are in 200 milliliters? 1 tsp = 5 ml 200 mL = [?] tsp An airplane on autopilot took 8 hours to travel 5,728 kilometers. What is the unit rate for kilometers per hour? one large papaya weighed 5 kg if 20 children shared it by cutting into pieces , how much would each piece weight? cuantos siglos han pasado desde que termino la epoca Helenistica? She will bring the notes tomorrow. (simple past tense) which three terms relate to sexual reproduction but not asexual reproduction I dont know this, solve for x a liquid that exits the scrotum once meet with high friction and or sexual action that has properties to create a live egg capable of birth When was Nicki Minajs first debut album? .. What is the equation of a line in slope-intercept form if the slope is -8 and the y-intercept is 5 Will give brainliestPlease select the word from the list that best fits the definitionpro-Frencha. neutralityb. Whiskey Rebellionc. Pinckney's Treatyd. Thomas Jeffersone. impressment Which description best characterizes the motion of particles in a solid? a. slow but able to move past one another b. fast and widely spaced c.not movingd.vibrating around fixed positions PLEASE HELP!!! Why are Blackberry phones good? What is chemical digestion 12 is 90% of what number?with steps