#1. What is true about economic resources? Economic resources include only money./ Economic resources are limited./ Economic resources exist only at the individual level. / Economic resources are always controlled by the government.....#2. An economy where more money is being collected than is being allocated or spent is known as what type of economic stance? Expansionary/ Contractionary/ Neutral / Exceptionary

Answers

Answer 1

Answer: The right answer for the question that is being asked and shown above is that: "Economic resources are limited." The statement that is true about economic resources is that Economic resources are limited.

The right answer for the question that is being asked and shown above is that: "Contractionary"

Related Questions

Insurance is a financial service that allows aconsumer to transfer all risk to a company. company to control finances for a consumer. consumer to share liability with a company. company to maximize risk for a consumer.
Goods returned to us by our customers can be identified the Income Statement as a. cash returnsb. credit returnsc. purchase returns d. sales returns
A high unemployment rate is an indicator for low economic
Which of these is most important to success in your job? A. Socializing with your coworkers B. Showing up and being on time C. Spending quality time with your supervisor D. Keeping busy
Original price 66.00 Brandon was tired of singing to himself. Brandon saw that a hand-held music player was marked down of the original price. If the item was marked up by 1/2 before it was place on the sales floor, what was the price that the store paid for the music plauer? (Hint: You need to use the original price from the previous problem.) A. $42.67 B. 62.00 C. $56.89 D. 55.00

Suppose an economy has historically grown at a rate of 1.25%. economic activity decreased every quarter over the past year, but the decline stopped this quarter. the economy is expected to grow at a rate of 1.4% in the near future, but monetary authorities are concerned that inflation may increase. this economy is probably in the _____ stage of the business cycle.

Answers

Answer:

trough

Explanation:

Final answer:

The economy is likely in the recovery stage of the business cycle, following a period of contraction and now moving into a period of expected growth, with authorities demonstrating concern about potential inflation.

Explanation:

Based on the provided information, the economy is likely in the recovery, or expansion, stage of the business cycle. The business cycle, as outlined by economic theory, includes four main stages: expansion, peak, contraction, and trough. In this situation, the economy suffered a period of decrease, or contraction, but this has stopped, indicating it reached the trough, or lowest point. Now that the economy is expected to grow at a higher rate, this indicates a move into the expansion phase. However, there is concern about inflation from the authorities, which is a common concern in a recovery period as demand starts to increase again, potentially driving up prices.

Learn more about Business Cycle here:

brainly.com/question/34230292

#SPJ2

A _________ happens when the quantity supplied is more than the quantity demanded and often leads to a drop in prices.a. surplus
b. shortage
c. price floor
d. price ceiling

Answers

I think D the price ceiling

What does purchasing insurance for a business reveal about the business owner’s attitude toward financial risk?

Answers

Answer:

It reveals that the owner is completely aware about financial risk and wants to take precautions to ensure the success of his company.

Which of the following statements best characterizes the O*NET view of how greening is changing theUnited States economy? (BRAINLIEST if you answer)
The demands of a greening economy will affect different occupations in different ways.
Everyone's jobs will be different as green technology chapges everything,
A greening economy will primarily demand that existing jobs adapt to new approaches,
The primary change a greening economy will create is the demand for entirely new jobs.

Answers

The O*NET view of how greening is changing the United States economy is best characterizes as The demands of a greening economy will affect different occupations in different ways. Thus the correct option is A.

What is the economy?

The economy of any country is determined by the ratio of production and consumption that takes place within a year and evaluates the flow of funds in the market by analyzing the purchasing parity of an individual.

An existing O*NET's job and labor requirements significantly change as a result of the influence of green economy activities and technologies giving more opportunities.

The Green Economy was described by the O*NET study as "commercial activity related to lowering the number of fossil fuels, decreasing pollution, and reducing greenhouse gases that are present in the environment and have an impact on human life.

Therefore, option A is appropriate.

Learn more about the Economy, here:

brainly.com/question/2421251

#SPJ2

Answer:

The demands of a greening economy will affect different occupations in different ways.

Explanation:

just did it.

What is the best way to put together a business plan ?

Answers

The best way to put together a business plan is first to do a comprehensive research on the type of business you are going to set up and study the industry you would like to enter into. The business plan should consist of the following key elements:

1. Company overview that includes the company’s mission and vision, products or services, unique characteristic of the product and the business opportunities.

2. Study of the business environment that includes industry, market, competition and target market analysis

3. Company description that introduces the management team, technology used, operations, products or services and distribution

4. Company strategy which is the roadmap to achieving the company’s targets and goals

5. Financial review that shows the condition of the company that includes, the financial statements such as the balance sheet, income statement, cash flow statement and projections

6. Detailed action plan that is doable, realistic and can work within a specific time frame

Kids Cuts is a hairdressing salon owned by Alana that specialises in haircuts for children. The salon is located in a busy mall in Christchurch. describe the purpose of the statement of financial position for kids cut

Answers

The Statement of Financial Position, also known as the Balance Sheet, for Kids Cuts serves several essential purposes for Alana's hairdressing salon specializing in children's haircuts:

1. **Snapshot of Financial Health:** It provides a snapshot of the salon's financial health at a specific point in time, typically at the end of a financial reporting period. This allows Alana to assess the salon's financial standing, including its assets, liabilities, and equity.

2. **Asset and Liability Overview:** The statement lists the salon's assets, such as equipment, cash, and inventory, on one side and its liabilities, including debts or obligations, on the other side. This helps Alana understand what the salon owns and owes.

3. **Equity Calculation:** It calculates the salon's equity, which represents the owner's investment in the business. This section shows how much of the salon's assets are attributable to Alana's ownership.

4. **Decision-Making:** Alana can use the Statement of Financial Position to make important business decisions. For example, if she's considering expanding the salon or taking on additional debt, she can assess whether the salon's assets are sufficient to cover its liabilities.

5. **Financial Transparency:** It provides transparency to potential investors, creditors, or partners who may want to assess the financial stability of Kids Cuts. It helps build trust and credibility with stakeholders.

6. **Compliance and Reporting:** Alana may need to prepare this statement for compliance with accounting and tax regulations. It ensures that the salon is meeting legal reporting requirements.

In summary, the Statement of Financial Position for Kids Cuts serves as a vital financial document that offers a comprehensive view of the salon's financial position. It aids Alana in making informed decisions, ensures financial transparency, and helps meet regulatory obligations.

Other Questions

The law of supply and demand relates toa. the relative price of goods and services.b. the rate of unemployment.c. the income tax structure.d. the presence of a monopoly.

Suppose the civilian noninstitutionalized working age population is 35.9 million in Laborland, 4.6 million are working part time, and 15.71 million are working full time. Laborland used the Bureau of Labor Statistics (BLS) definitions for unemployment date. Among those not working, the most recent job search activity for 3.20 million happened less than two weeks ago, while 1.72 million most recently looked for work between two and four weeks ago. An additional 0.86 million most recently looked for work five weeks ago, the remaining 9.81 million who don't have jobs have not looked for work in the past six weeks. Round your answers to two decimal placesWhat is Laborland's total labor force?What is Laborland's labor force participation rate?How many people are unemployed in Laborland?What is Laborland's unemployment rate?

The most important social skill in the workplace is _____.spelling keyboarding having a positive attitude

which of any essential product that will be affected by an increase in fuel which is very important even to the poorest of the poor