Select the correct answer.
Why are borrowing and lending money important in the United States?
A.
They ensure that people and businesses can buy what they need.
B.
They ensure that money is distributed equally and fairly to all.
C.
They ensure that the government's financial regulations are followed.
D.
They ensure that the nation can avoid an economic recession.
Answers
Answer:
A.
They ensure that people and businesses can buy what they need.
Explanation:
Borrowing involves requesting and receiving a huge sum of money in a lump sum. Households and firms borrow from lenders to finance business expansion or domestic consumption.
In the economy, borrowing is significant as it facilitates the acquisition of start-up capital, capital goods, and household developments. Without borrowing and lending, these investments and consumption would not be possible as they require large sums of money to initialize. If firms and households depended on savings for capital and consumption expenditure, the rate of economic growth would be very slow. It would take many years to achieve the substantial amount needed for expansion and development projects.
Answer:
A. They ensure that people and businesses can buy what they need.
Hope this helps!
Explanation:
Related Questions
Which of these is a financial service offered to business owners?
A.) Core Competencies
B.) Dividend payments
C.) Insurance
D.) Operational efficiencies
Answers
Answer:
C.) Insurance
Explanation:
Financial services include the services offered by banks, insurance companies, investment houses, real estate brokers, lenders, and finance companies. These services have a commercial aspect of either saving (pooling of resources), borrowing, or investing.
In this list, insurance is a financial service. Insurance is the purchase of protection or cover against risks. Insurance companies undertake to provide financial compensation in the event of loss arising from the risk insured against in exchange for premiums. Insurance companies pool resources together to compensate a member who has suffered a financial loss.
Services’ marketing is not as advanced as products marketing.
true or false
Answers
Answer:
false
Explanation:
Completed work for a client and sent a bill for 27000 to be paid within 30 days
Pass a journal entry for the above transaction
Answers
Answer:
See below
Explanation:
This is an ordinary business activity that results in revenue for the company. Revenue for the business will increase by 27000. Revenue is an equity account; there will be a credit entry of 27,000.
The client will pay within 30 days. The account receivables ( assets account) will increase (debit)by 27000.
The journal entry will be
Account receivable Dr. 27,000
Sales / services account Cr. 27,000
Write a three- to five-sentence paragraph that defines economics. Based on your definition, explain why it is difficult to consider economics an exact science. You may want to consider how economists approach economics to help you explain your answer.
Answers
Answer: See explanation
Explanation:
Economics is referred to as a social science that is concerned with how goods are produced, how they're distributed and how they're consumed. Economics is the social science that studies why human beings behave the way that they do.
It is difficult to consider Economics as a science because it lacks a hypotheses that's testable. Also, there is lack of consensus and the scientific method is not followed in Economics.
What is it called when you are able to touch and feel a product?
Answers
he loves me, he gives me all his money, that gucci prada comfy, my suger daddy:)
Answers
Answer:
what did he sayyyyyyyyyy
dunn dunn dun dunn dun
Leah has $300 in her checking account and her first bank credit card. She wants to purchase a couch for $250, and Christmas gifts for $200. What are her options? What should she do?
Answers
Answer:
see below
Explanation:
Leah can choose between the following two options.
Option 1:
Leah can withdraw $250 from her checking account and pay for the couch in cash. If she has a debit card on her checking account, she can use it to pay for the couch. The Christmas gift costs less than the couch. She can use a credit card to pay for the gift. Since credit card transactions are debts, she will incur a lower amount of debt.
Option 2:
Depending on her credit card limit, she can pay for the two items on credit. Once the credit statement is generated, she can use the money in her checking account to offset part of the credit card balance.
Answer:
Leah can withdraw $250 from her checking account and pay for the couch in cash. If she has a debit card on her checking account, she can use it to pay for the couch. The Christmas gift costs less than the couch. She can use a credit card to pay for the gift. Since credit card transactions are debts, she will incur a lower amount of debt.
Explanation:
Mark Simpson earns $980 biweekly as a security guard for Albany Med. His group medical insurance costs $7,000 a year. The company pays 90% of the cost of medical insurance. How much is deducted from Marks biweekly paycheck for medical coverage
Answers
Answer:
$26.923
Explanation:
Biweekly payment means payments every 14 days or 2 weeks. One year has 52 weeks. Mark is paid 26 times per year
if the company pays 90% of $7000, then Mark pays 10% of $7000
Mark pays = 10/100 x $7000
=0.1 x $7000
=$700
The amount of $700 is spread over 26 weeks.
Each paycheck, Mark will be deducted
=$700/26
=$26.923 per check
For each obstacle, select the best solution.
not getting in to a class:
failing a class:
not being accepted to college:
not saving enough money to pay for college:
Answers
Answer:
3 3 1 2
Explanation:
Answer:
3 3 1 2
Explanation:
Entrepreneurs affect the economic decisions a country makes by:
A. convincing societies to give up their most expensive wants
B. producing useful goods regardless of their demands or scarcity
C. earning consistent salaries that make the economy more stable
D. identifying new ways for people to fulfill their wants and needs
Answers
Answer:
D. identifying new ways for people to fulfill their wants and needs
Explanation:
Entrepreneurs start new businesses in society. They are quick to spot and identify needs and wants in the market. Entrepreneurs establish businesses to provide solutions to these needs and want at a profit.
Entrepreneurs use their creativity to come up with new and unique products that offer solutions to society's problems. They innovate better products and ways of offering services that are friendly and more cost-effective. Entrepreneurship goes hand-in-hand with creativity and innovation.
Select the correct answer.
Which technique of advertising shows that multiple consumers use a product to build consumer trust in the procduct
Answers
Answer:
D. Bandwagon advertising
Explanation:
Bandwagon advertising is a type of propaganda advertising technique that is employed to sway the emotions of the audience to get them to purchase a particular product or service simply because many other persons are using such. So, the audience, in a bid to join crowd, they will willingly purchase such product or services on the ground that it is tested and trusted by many users.
For example, a beverage company can make ads about one of their beverage products and tag it, "America's favorite tea". This will give the notion to the target audience that the tea is mostly accepted and used by many Americans, and as such will go ahead to purchase it.
Answer:
D. Bandwagon advertising
Explanation:
The test says the answer is correct got 100%
explain fixed capital
Answers
Answer:
see below
Explanation:
Fixed capital refers to the durable assets required to start and maintain business operations. They are long-term investments such as equipment, plants and machinery that are used repeatedly over a long time to produce goods and services. The term fixed implies that these assets are not consumed or get diminished in the production process.
Fixed capital comprises tangible assets that are not meant for sale in the current period. They have a useful life of several years, necessitating depreciation techniques to be applied.
Describe the difference between an idea and a business opportunity.
Answers
what is another name for needs (select all that apply)
fixed expense, varible expense essentail expense, and discretionary expense
Answers
Answer:
essential expense
Explanation:
Needs are the items we must have to survive or accomplish somethings. A need is that thing one cannot afford not to have or things we cannot do without. Food, shelter, and clothing are considered basic needs because, without them, one's survival is threatened.
Needs are, therefore, essential for survival. Any expenditure on needs is an essential expense.
coffee to
growing more
16)
16]
2 TGH are a public limited company which makes sports shoes (trainers). It makes
a variety of designs for the mass market. The mass market is for young people
who want fashionable sports shoes as well as those who play sport. The Directors
segment of customers who have a medical problem with their feet and need
recently decided to target a niche market which is for a particular market
b) Identify two examples of the different markets for TGH products.
c) Identify and explain two reasons why TGH sell to a niche market.
d) Identify and explain two advantages to TGH of segmenting the market
e) Do you think the Directors of TGH were right to target a niche market
or should they have stayed with just a mass market? Justify your answer.
specially designed shoes,
a) What is meant by a 'niche market'?
for sports shoes.
Revision checklist
In this chapter you have learned:
the role of marketing-identifying and satisfying customer needs as well as
Answers
Answer:
Is this reading then answering questions or....
Explanation:
I dont get the question sry but I'll try to help
What are the two factors used to calculate productivity?
A. Goods produced and number of customers
B. Resources invested and goods lost
C. Goods produced and employees hired
D. Goods produced and resources invested
Answers
Goods produced and resources invested re the two factors used to calculate productivity.
How productivity is measured?Productivity is measured from different factors in the organization like the profit generate from the sales, number of customer increases, the amount of money invested in the company, the goods that are consumed of sell within span of time and others.
Thus, option D is correct.
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Answer:
Goods produced and resources invested
Explanation:
Q1. This organizational structure violates the unity of
command principles because of dual reporting
relationship.
A. Functional organization
B. Line type organization
C. Matrix organization
D. Network organization
Q2. It is a collection of independent, mostly single
function enterprises that collaborate on a good
or service.
A. Divisional organization
B. Functional organization
C. Matrix organization
D. Network organization
Answers
Q1. This organizational structure violates the unity of command principles because of dual reporting relationship.
Q2. It is a collection of independent, mostly single function enterprises that collaborate on a good or service.
Answer:C. Matrix Organization A. Divisional Organization Explanation:That's my opinion and I hope it helps ^_^
#CARRYONLEARNING #STUDYWELLUnder the Federal Insurance Contributions Act, where do the funds for Social
Security and Medicare come from?
Answers
Answer:
It is deducted from the workers
Explanation:
All employers are required to deduct social security and medicare taxes from their employees' paychecks. The deducted amounts are remitted to the government through the social security administration authority.
Therefore, the funds for Social Security and Medicare come from the employees' paycheck. It is the workers who contribute these funds from their income.
HELP
An example of soft skils that conveys ideas and influences change.
A.) Personal accountibility
B.) Hard skills
C.) Self-motivations
D.) Communication
Answers
which of the following is an internet job search "do"
a. post your resume without considering privacy
b. pay attention to all directions before responding to job postings
c. assume that email is informal, private , or temporary.
d. take a passive role during your online job search.
Answers
Answer:
B
Explanation:
Why do older kids think they know every thing?
Answers
Answer:
I have no clue tbh lol they think they are the boss of us
Is this good advice? “ if you are behind on your loans, but no in ‘ default’. Don’t even talk with your loan companies. Just go talk with your debt settlement
Yes or no
Answers
Yes!
I think it’s good advice.
If you are behind on your loans, but not in ‘ default’. Don’t even talk with your loan companies. Just go talk with your debt settlement. The advice can be recommended.
What is a loan?The loan is referred to the amount which an individual borrows from any financial institution at a certain rate of interest which is payable at a later date in order to start any business or any other business work.
Annual percentage yield, or APY, is the abbreviation for the rate of return on an investment that is actually realized after taking into account the impact of investment returns.
Since the cost of borrowing overall is lower, accounts with higher APRs typically have lower rates than those with lower APYs.The difference between APR and APY is greater, and interest compounds more frequently as well, increasing.
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A new business should be based on an entrepreneur's individual interests because the entrepreneur must...
A. have sufficient confidence to succeed.
B. be willing to take personal responsibility.
C. have enough determination to work alone.
D. dedicate as many hours as needed to the work.
Will mark brainliest!
Answers
Answer:
A.................
Explanation:
look at my pokemon
Answer:
D
Explanation: because i said so but it might not be right
The advantages of personal financial planning include:
a. Increased effectiveness in obtaining, using and protecting your financial resources
b. Increased control of your financial affairs by avoiding excessive debt and bankruptcy
c. Improved personal relationships resulting from better communicated financial decisions
d. All of these
e. None of these
Answers
Answer:
d. All of these
Explanation:
Personal financing is the process of organizing and managing an individual or household's income to achieve set financial goals. It involves managing personal finance activities such as income, expenditure, savings, and investments. The primary objective of personal finance is to assist individuals maximize their current incomes and make future plans. As a result, they can achieve both short term and long term goals.
what is judiciary and executive?
Answers
Executive is the person or branch of a government responsible for putting policies or laws into effect.
Specialization can help a country's economy by:*
A) increasing its overall opportunity costs.
B)reducing the level of division in its labor force
C)increasing the cost of its voluntary exchanges
D)reducing its need to be self-sufficient,
Answers
Answer:
D)reducing its need to be self-sufficient,
Explanation:
Specialisation by a country's economy means that it produces only the specialised goods & even export it, import the other goods.
It decreases opportunity costs, decreases cost of voluntary exchanges. Higher level of specialisation implies there is increased labor force division.
However, it reduces need of country to be self sufficient. As, it can gainfully trade its specialised goods for other goods (in which other economy specialises).
Answer:D
Explanation:
what are some good jobs for an 15 or 16 year old ?
Answers
Answer:
dog walker,babysitting, fastfood restaurants
Answer:
Babysitter, Newspaper Delivery, Lawn Mowing, Lifeguard, Working Retail, Fast Food Server
Explanation:
Which of the following is a common behavior for an active listener?
a.
Look at your notes to make sure they are accurate
b.
Keep track of the number of times the speaker agrees with you
c.
Repeat the speaker’s argument back in new words
d.
Argue against the speaker’s points one at a time
Answers
Answer: Repeat the speaker's argument back in new words
Explanation: It shows that you understood and listened to their whole speech. Understandning is a big part in active listening
Answer:
c
Explanation:
Which option is an example of labor as a factor of production?
O A. A tree used to make paper
B. An artist painting a picture
O C. A government increasing taxes
O D. An industrial assembly line
Answers
Answer: B
Explanation: An artist painting a picture
An example of labor as a factor of production is An artist painting a picture. Thus the correct option is B.
What is a factor of production?The factors of production are referred to as elements or resources that are used in the process of production in order to strengthen the economy of the country. This factor includes land, labor, capital, machinery, and so on.
An artist refers to an individual who has a keen interest in the artwork. He is a person who creates unique images by using creativity, innovation, colors, knowledge, and an artistic approach.
Labor as a factor of production is considered physical labor involved in producing goods and services. Here the artist is physical labor that is creating painting considered as a factor of production.
Therefore, option B is appropriate.
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Select the correct answer.
Kruger Trading Inc. buys goods on credit. In which two accounts will the company post this transaction after entering it into the journal?
Answers
Answer:
с. Purchases and Creditors
Multiple choices
A. Goods and Cash
В.Goods and Creditors
с. Purchases and Creditors
D.Purchases and Cash
Explanation:
The purchase account is used to record purchased goods. Accountants and bookkeepers usually do not operate a goods account. When goods are purchased, they increase the purchases account.
Purchased goods are either paid in cash or on credit. Cash purchases reduce cash held in the business and are recorded in the cash account. Credit purchases increase liabilities and are recorded in the creditor's accounts.