What is the best definition of an economic system? economy based on traditional production methods process by which people choose how to use limited resources in order to meet their needs government makes the best decisions

Answers

Answer 1

Answer: A process by which people choose how to use limited resources in order to meet their needs is the best definition of an economic system. The correct option among all the options that are given in the question is the second option. I hope that this is the answer you were looking for and it has helped you.

Answer 2

Answer:

The answer is "process by which people choose how to use limited resources in order to meet their needs".

An economic system refers to an organized way by which a nation allocates assets and appropriates products and ventures over the entire country or a given geographic zone. It is incorporates the mix of a few organizations, elements, offices, basic leadership procedures and examples of utilization that make up the financial structure of a particular network. Hence it is a kind of social framework.

An economic system characterizes how every one of the elements in an economy cooperate. Characterizing them today is considerably more complicated than it used to be.

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The United States imposes a tariff on electronics imported from China. Which would be a result? China stops marketing all products to U.S. consumers The cost of Chinese electronics goes down Electronics trade with China increases U.S. consumers buy more domestically made electronics

Answers

Then U.S consumers buy more domestically made electronics.

Answer:

Explanation:

U.S. consumers buy more domestically made electronics

Which of the following statements about the free market is correct? Select the best answer from the choices provided.
A. The free market ensures that everyone who wants to work is guaranteed a job. B. The free market prevents companies from ever acquiring a monopoly.
C. The free market provides people with the goods they want at the price they are willing to pay.
D. The free market determines which products are taxed, regulated, or forbidden.

Answers

c!! :) the free market provides people with the goods they wabt at thr price they're willing to pay

When you buy a ____ , you are loaning money to an organization. AStock BBond CMutual fund DIndex fund

Answers

The answer is B.Bond.
When you buy bond, you are loaning money to an organization. Bond is a loan investment, in where the investor owes money to the entity usually in the government or corporations.

Option (B) is correct. When a person buys a bond, then that person is loaning the money to an organization.

Further Explanation:

Bond: Bond is a financial instrument that is used for raising the funds from the outside of the entity. The bond is a loan agreement between the issuer and the bondholder where the issuer borrows the funds from the bondholder. The issuer has to pay the principal and the interest on the bond to the bondholder. Bond has a maturity date on which the issuer has to pay the principal (borrowed funds). Generally, the issuer pays the interest on the bond during the tenure of the bond.

Therefore, when a person buys a bond, that person is loaning the money to an organization.

Stock: This is an incorrect option.

Stock signifies the ownership in the company. It is not a loan.

Bond: This is the correct option.

Bond is a loan provided by the bondholder to the issuer of the bond.

Mutual fund: This is an incorrect option.

A mutual fund is an investment in various companies in a small fraction. It is a combination of debt and equity.

Index fund: This is an incorrect option.

The index fund is a type of mutual fund so it cannot be considered as a loan.

Learn more:

1. Learn more about the ideal type of loan for students

brainly.com/question/1242264

2. Learn more about the mortgage payment

brainly.com/question/3073010

3. Learn more about the due amount of bond

brainly.com/question/6167345

Answer details:

Grade: Senior School

Subject: Business Studies

Chapter: Bonds & Debentures

Keywords: Bond, payable, loan, principal, interest, interest rate, bond, loaning, money, organization, stock, bond, mutual fund, index fund, borrower, issuer, bondholder.

Direction: Write HURRAY to statements that expresses correct thought and HEPHEP if not. 1. Production record reflects the list of the different crops grown in the farm in a particular year.

2. The use of flyer for marketing fruits and seedlings is convenient and cheap.

3. Web marketing involves both advertising and marketing efforts through email to current and prospective customers.

4. Email marketing includes e-commerce, promotional or informative websites, and online advertising on search engines.

5. Online marketing is the process of selling products to the market.

6. Social media marketing involves both advertising and marketing efforts via social networking sites.

7. Fruits are ready for harvest at the right degree of maturity.

8. Calamansi is best to harvest from July to October.

9. Cash record is the value received from cash sales and cash payments in a certain period.

10. August to November is the best time of the year to harvest soursop or guyabano and lanzones.

Answers

Answer:

1.hephep

2.hephep

3.hurray

4.hephep

5.hurray

6.hurray

7.hurray

8.hephep

9.hephep

10.hurray

hope its help

#carry on learning

Making tax-deferred deposits into a retirement account means that the funds area. not taxed when deposited but taxed when withdrawn.

b. never taxed.

c. taxed both when deposited and when withdrawn but not while held in the account.

d. taxed when deposited but not taxed when withdrawn.

Answers

I think that the answer is A

Marvin wrote a check of $58.25 for the water bill and $450 for rent. he also made a deposit of $124.16. how much is his new balance after writing the checks and making the deposit?