Adam Smith was of the opinion that self-interest is important because it determines a competitive economy and allows all individuals to perform their best to increase their own personal gain.
Who is Adam Smith?Adam Smith was a Scottish economist and philosopher who was a pioneer of political economy and key figure during the Scottish Enlightenment.
Therefore, Adam Smith believes self-interest is important. It determines a competitive economy and allows all individuals to improve their own personal gain.
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When $100 is deposited in the banking system, it leads to maximum expansion in bank deposits of $1,000. What is the required reserve ratio assuming that the excess reserves are 0
The required reserve ratio comes out to be 10% when the bank deposits are $1,000 and the reserves deposited with the central bank are $100.
What are the required reserves?The minimum reserves that are required to be kept by the banks with the central bank are required reserves. It is one of the bank reserves that need to be maintained by banks.
Given values:
Amount of bank deposits= $1,000
Amount of reserves deposited with the central bank=$100
Computation of required reserve ratio:
[tex]\rm\ Required \rm\ reserve \rm\ ratio=\frac{\rm\ Reserves \rm\ deposited \rm\ with \rm\ the \rm\ central \rm\ bank}{ \rm\ bank \rm\ deposits} \\\rm\ Required \rm\ reserve \rm\ ratio=\frac{\$100}{\$1,000} \\\rm\ Required \rm\ reserve \rm\ ratio=10\%[/tex]
Therefore, when the amount deposited with the central bank is $100 and the bank deposits are $1,000, then 10% is the required reserve ratio to be maintained.
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Question 5 of 10
Which of the following is a part of the employment tax?
O A. Income tax
O B. Property tax
O C. Non-compliance fines
O D. Social security tax
Answer:
D. social security tax
Explanation:
Which nims management characteristic includes documents that record and communicate.
Answer:
Should be Incident Action Planning or IAP for short
Explanation:
20 points Help fast picking brainliest!! Zack wants to cut down on his variable expenses. What will reducing variable expenses allow him to do?
Reducing variable expenses will allow Zack to save for blank (fixed expenses, unexpected expenditure, variable expenses) and blank (variable expenses in the future, emergencies, increase fixed expenses
Zack can reduce his variable expenses and channel that amount for any unexpected expenses or any other fixed expenses or for emergencies.
What are variable expenses?
A variable expense may arise from month to month, it is variable in nature. But the amount you pay in any given month may be different from previous payments or future payments.
Examples of variable costs are Gas, Parking fees, Groceries, Eating out, Clothes, and many more.
Thus, Zack can reduce his variable expenses and channel that amount for any unexpected expenses or any other fixed expenses or for emergencies.
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Answer:
1 unexpected expenditure
2 emergencies
Explanation:
got it right on plato
Why is mutual fund investing a good idea for retirement, but not for your emergency fund or short-term savings?.
A mutual fund is a good idea for making investments for retirement as it preserves the income and assets of an individual. It is not good for making investments in an emergency fund or short-term savings as there is a chance of losing the money.
What is a mutual fund?A mutual fund is a company that invests the money of various individuals in varied securities in order to get profitable returns. The person who invests in these funds is called a mutual fund investor.
When the amounts are invested in an emergency fund or short-term savings then there is a chance of losing all the investments at one time due to a fall in the value of assets over the period of time. But if the investments are made in mutual funds concerning the retirement period then the investments are conserved for future growth. There are chances of getting good returns with minimum risk on the mutual funds.
Therefore, the mutual fund investments are good for retirement in comparison to emergency funds.
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Match each action to their correct definitions.
tax on imported goods
trade restriction that limits
the number or monetary
value of goods that a
country can import or
export
Money given by government to local companies to reduce their costs and to keep prices low
1. Tariff
2. Subsidy
3. Quota
A Tariff basically means any type of tax imposed on an imported goods.
What is a tariff?It means any duty imposed on class of imports or exports which are used as source of revenue known as taxation for the government.
What is a Subsidy?This refers to the money given by government to local companies to reduce their costs and to keep prices low
What is a Quota?This refers to the trade restriction that limits the number or monetary value of goods that a country can import or export
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Which group is projected to make up almost 60% of the workforce by 2029?.
Which customer is an internal customer of Eureka Computer Solutions?
A.
Adrian, a regular buyer of products sold by Eureka Computer Solutions
B.
Beth, a first-time buyer of a product sold by Eureka Computer Solutions
C.
Layla, a software engineer employed by Eureka Computer Solutions
D.
Nowzer, a sales distributor for Eureka Computer Solutions
E.
Jessica, a prospective customer for Eureka Computer Solutions
Nowzer, a sales distributor for Eureka Computer Solutions is an internal customer of Eureka Computer Solutions.
Who is an internal customer?For a company, an internal customer is the one who has direct relationship with the company hence dependent on them.
Hence, Nowzer, a sales distributor for Eureka Computer Solutions is an internal customer of Eureka Computer Solutions.
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Interest rates are expressed as a percentage of ?
Answer:
The interest rate is the amount a lender charges a borrower and is a percentage of the principal—the amount loaned. The interest rate on a loan is typically noted on an annual basis known as the annual percentage rate (APR).
Explanation:
hope this helps
Explain at least four costumer rights.
Answer: The right to safety, the right to be informed, the right to choose and the right to be heard.
Explanation:
Consider a family that has one working parent, a stay‐at‐home parent, and three children. Two of the children are in elementary school, and the youngest child is in Pre‐Kindergarten. They have a house, a car, and a minivan, and they carry some credit card debt.
The house is valued at $89,000 with a mortgage balance of $80,000.
The car is worth $15,000. The family owes $15,000 on this auto loan.
The minivan is worth $20,000. The family owes $16,000 on this auto loan.
They financed new household furnishings valued at $5,000. The family owes $4,500 on this loan.
They have $15,000 in their retirement account.
They have $1,500 in emergency savings, $1,000 in savings, $500 in checking, and $1,500 in a CD.
They have $200 in cash.
Balances on the credit cards total $15,000.
The family pays $500 per month for school loans; the current balance is $25,000.
The family pays $350 per month for Pre‐Kindergarten tuition.
All of the children are on soccer teams, which costs $100 per month.
For this assignment, use the information above to answer the following questions about the family's net worth:
Calculate the family's total assets.
Calculate the family's total liabilities.
Calculate the family's net worth, and identify whether the net worth is positive or negative.
List any expenses that would not fall on the balance sheet.
1. The family's total assets = $148,700.
2. The family's total liabilities = $155,500.
3. The family's net worth is ($6,800), which is $148,700 - $155,500.
What is the family's net worth?The family's net worth is the excess of its total assets minus its total liabilities.
The net worth can be positive or negative. It is negative when the total liabilities exceed the total assets.
Data and Calculations:Assets Liabilities
House on mortgage $89,000 $80,000
Car on auto loan 15,000 15,000
Minivan on auto loan 20,000 16,000
Furnishings 5,000 4,500
Retirement account 15,000
Emergency savings 1,500
Savings 1,000
Checking account 500
CD 1,500
Cash 200
Credit cards 15,000
School loan 25,000
Total $148,700 $155,500
4. Thus, the expenses that would not fall on the balance sheet are:
Payment for school loans of $500 per monthPre-Kindergarten tuition of $350 per monthPayment for soccer teams of $100 per month.Learn more about computing net worth at https://brainly.com/question/12371230
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What government agency seeks to protect consumers and promote
competition?
O A. FTC
B. ITA
C. FDA
D. IRS
Help asap please
Answer:
A : the FTC
Explanation:
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What is the best advice to keep in mind as you grow your business?
Answer:
Be smart and watch out for snakes
Most economists use the aggregate demand and aggregate supply model primarily to analyze.
Economists utilize the aggregate supply and aggregate demand to analyze the short-run fluctuations.
What are the market forces?Market forces are the market factors that are influenced by the buyers and sellers leading to changes in the prices of goods or services. They are usually referred to as demand and supply.
The short-run fluctuations are the ups and downs or increases and decrease in the market factors in a shorter period of time which can be analyzed by the economists through the usage of demand and supply curves.
Therefore, the demand and supply are used by economists to analyze the fluctuations in the short run.
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interview a business owner in your local community on initiatives that he/her has undertaken to address unemployment as a socio-economic issue and provide evidence of the interview
It is essential to prepare a script with well-structured and organized questions to conduct an effective interview on any topic.
What to ask in an interview for a survey?The questions must be objective to avoid ambiguity and obtain the answers that will solve your thesis. To interview a company manager about a crisis in the workplace, some questions might be:
How is its impact on economy?
What is an unemployment management plan?
How did the country get over it?
Therefore, it is essential that the research is planned and conducted in an organized and structured manner for effective results.
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Read the following statements and decide in which one you think it is ?
Contact lenses for a person who wears glasses?
A. Economic good/Economic service?
B. Consumer product/Industrial product?
C. Classification(s) of consumer or industrial product?
Answer:
Uhm...C?
Explanation:
I think so I hope this helps...
What is one of the biggest challenges when companies are committed to sustainability?.
Making the business case is one of the biggest challenges when companies are committed to sustainability. As sustainability is the better because it takes the business in a long run.
What are the cause of sustainability of business?As the modern world, the risk of taking business in a long run becomes difficult because frequently change in technologies and trends of business.
Some challenges of sustainability are Loss of trust in the global corporation, Transparency is the new norm, Rapidly growing inequality, increased hazards and risks to business.
Thus, Making the business case is one of the biggest challenges
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What color scheme would make the most sense for a spa targeting women?
o a. red
ob. blue
oc. pink
od. yellow
Answer:
Pink.
Explanation:
Because it is seen as the stereotypical colour for women, due to socialisation in different ways for each gender.
When Amazon changed the face of e-retailing in the 1990s, traditional brick-and-mortar bookstores had to adapt quickly. To regain competitiveness, they had to bolster their information technology capabilities, which involved examining
To regain competitiveness, Amazon's strategy which was dependent on IT involved examining competitive intelligence.
What is competitiveness?Competitiveness is the quality of being relevant and profitable in the market. That is the preferred brand in the market.
Competitiveness means that the customers see value in your products and are willing to pay for it, given that the price is right.
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Which country in the middle east has the most crude oil?.
If the police want to enter a home to find evidence, what must they request?
Answer: warrant
Explanation:
Which layer most likely has a pressure, represented in units of gpa, within the range of 310 gpa to 150 gpa?.
Answer:
It should be the outer core
Explanation:
Which consideration must a society address when deciding for whom to produce a potentially scarce or limited resource?.
The consideration that a society must address when deciding for whom to produce a potentially scarce or limited resource is: Who has the greatest need.
What is Limited resources?Limited resource is when the economy of a country has enough or sufficient resources which they can access or make use of whenever they are in need of it.
When deciding for whom to produce a scarce or limited resource we have to look out for who has the greatest or highest need.
Therefore the consideration is who has the greatest need.
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Answer:
who has the greatest needs
Explanation:
An HR executive observes that telework or telecommuting has been a rising trend. She considers developing a policy to allow telecommuting at her company. Which statement is a fact about telecommuting that would support implementing this policy
"An HR executive observes that telework or telecommuting ..." the statement that is a fact about telecommuting that would support implementing this policy is. Telecommuting may support a strategy of corporate social responsibility. This is further explained below.
What is Telecommuting?Generally, Telecommuting is simply defined as using technology to do business from one's own home, usually via the use of email and a telephone.
In conclusion, In favor of enacting this policy, "An HR executive notes that telecommuting" is a fact concerning telecommuting. Corporate social responsibility may benefit from the use of telecommuting.
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The deadweight loss associated with a monopoly occurs because the monopolist.
The deadweight loss associated with a monopoly occurs because the monopolist produces an output less than the socially optimal level.
What is monopoly?A monopoly is an economic structure where a specific person or enterprise is the only supplier of a particular good.
The above means that company that exists in a market with little to no competition and can therefore set its own terms and prices when facing consumers, making them highly profitable.
Hence, the deadweight loss associated with a monopoly occurs because the monopolist produces an output less than the socially optimal level.
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How does scarcity determine the economic value of an item?.
Scarcity has an impact on how people value goods and services, as well as how governments and private companies divide resources. The infinite wants of the consumers define the economic value of an item.
What factors influence the economic value of an item?The relationship between supply and demand for a specific product determines relative scarcity.
The scarcity principle is an economic theory that explains the dynamic supply-and-demand price relationship.
The scarcity principle states that if an item has a low supply and a high demand, the price will rise to meet the predicted demand.
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Answer:
A) by the amount of goods that are produced
Explanation:
The ability to access food, water, and shelter falls under the right to:
Expressing accounts receivable as a percentage of total assets is an example of.
Expressing accounts receivable as a percentage of total assets is an example of: Vertical analysis.
What is account receivable?Account receivable is an asset and can be defined as the amount a company is expected to receive from their client for selling goods and service on credit to the client.
Vertical analysis is a method that is use to express Account receivable as a percentage of total asset based on the fact that it help to analyze a company financial statements by showing the percentage based on the figure.
Therefore Expressing accounts receivable as a percentage of total assets is an example of: Vertical analysis.
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Matt and Evelyn have a 30-year $160,000 mortgage on their home. The majority of each monthly payment for the first five years of the loan goes to pay the:
The majority of each monthly payment for the first five years of the loan goes to pay the interest. As Matt and Evelyn have a 30-year, $160,000 mortgage.
What are monthly payments?Monthly payments are the installment or the payouts which are given to the employees, both can consider as the monthly payments. Monthly pay can be taken or received by the person, if the person is working they will get and if one has take loan they have to give.
Thus, it is interest.
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PLEASE HELP !!!
If you are not interested in a particular job, simply ignore efforts the company makes to contact you.
T OR F
It is false because it's important to maintain a professional and respectful attitude towards potential employers or the company, even if you're not interested in the job. Ignoring their attempts to contact you could harm your professional reputation and future job prospects.
A company is a legal entity that is formed to carry out business activities. It is usually created by a group of individuals who come together to achieve a common goal of providing goods or services to customers in exchange for money.
The purpose of a job provided by the company is to provide individuals with a means to earn a living, develop skills and experience, and contribute to society through their work.
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