what's an economy? how does it work?

Answers

Answer 1

What is an economy:

The wealth and resources of a country or region, especially in terms of the production and consumption of goods and services.

How does it work:

The three principles that describe how the economy as a whole works are: (1) a country's standard of living depends on its ability to produce goods and services; (2) prices rise when the government prints too much money; and (3) society faces a short-run tradeoff between inflation and unemployment.

Hope this helps :)


Related Questions

You borrow $50 for 1 year at 5% interest rate. What is the interest owed?

Answers

Answer:

i think it would be 100 dollars

Explanation:

you mulitpy original by 5 which comes out to 100

Education Career Video Assignment
In order to complete this assignment, you must first watch at least 3 of the 5 videos that are in the course under MODULE 3.01. After you have watched them, answer the following questions about 3 of the 5 jobs you learned about. Once you are finished save your file. Then upload it to the Education Careers Video Assignment dropbox.

Name:
Video #1
1. What is the job title?

2. Where do people with this career go to work?

3. What education do you need for this career?

4. Why did you choose this career?

Video #2

1. What is the job title?

2. Where do people with this career go to work?


3. What education do you need for this career?


4. Why did you choose this career?


Video #3
1. What is the job title?

2. Where do people with this career go to work?

3. What education do you need for this career?

4. Why did you choose this career?

Answers

Where are the links to the videos?
What’s the video? And do you need help with all questions?

am I correct? if not lmk the answer please​

Answers

A focus group is a common qualitative research technique used by companies for marketing purposes. It typically consists of a small number of participants, usually about six to 12, from within a company's target market. So yes your right


Question :Which statement best describes displacement? Check all that apply


Answer:2 , 3 5

Answers

Answer:

2

Explanation:

thats my guess

No real question. But anyone know this answer, If your are a doctor, DO ANY of you know how to bring a frozen person back to life. I looked it up and it said a human that is frozen can be brought back to life, I just want to double-check

Answers

Answer:

prob melt them with fire but you gotta be careful because you can burn then if not i guess just use potions or something?

Explanation:

At the moment there is no way to bring back a frozen person to life. The reason for that is because we still don’t know how and we don’t have the right equipment to bring them back.

List 2 ways in which constellations are used.

Answers

In Ancient times, constellations were used to create and track the calendar so they knew when to plant crops and harvest them. Constellations were also used for navigation and to help sailors travel across oceans.

Answer:

1) To find Stars

2) To tell the date.

Explanation:

1) Constiltions can be used to find stars. For example if you are looking for a speific star, constilations could help you find them. Some of the most  recognized constilatitons are Orion, Ursa Major/minor , and Scorpius.

2) Of course now days, we have calenders to keep track of the days. But in the past, people would use the stars to help the figure out the day, especially in ancient times. Now we have so much technology, that using the stars to treack the days, arent necesary, but in ancient times, it helped people figure out when they could plat their crops.

Please help me, I suck at this class ToT

Control over what two areas of manufacturing are the basis for a growing economy and a condition for becoming a world power?

A. copyrights and patents
B. technology and equipment
C. imports and exports
D. wages and benefits

Answers

Answer:

a

Explanation:

Perform an online or offline search, and choose a technology firm near your location. You must then call and speak to someone from the firm's Human Resources department (preferably the HR manager) and conduct a brief (15- to 20-minute) interview with them. During the interview, you need to ask questions about the company's core functions, the different types of jobs available in the company, a list of qualities that the company expects from its employees, and so on. In other words, your questions should cover the points that the HR department would include in the company's Code of Conduct Manual. You should keep a record of all the answers and write a summary of what you have learned. Alternatively, if you do not find a technology firm near your location, or if the HR manager is unwilling to have a sit-down interview, you could find a company online and correspond with the manager through email with the help of a questionnaire.

Answers

Answer:

I have selected Samsung electronics which is located in my area. I have visited the company and conducted a meeting with HR manager.

Explanation:

The company has launched trainee program for the graduates. HR manager has provided details about the program which includes training of freshers and on job support. They can study and do the job together so that they learn how to work in an office environment. Graduates can assist manager of multiple department at a time which gives them exposure of different department tasks. The main qualities which are required by the company in a candidate are multitasking skills, problem solving ability and ability to meet deadlines. For interview there is a short game in which IQ level of candidates is tested and those who clear the levels of the game are then promoted for a panel interview.

The purchasing power of peoples' income is most affected by what?
a.The rate of inflation
b.The trade deficit
c.The balance of payments
d.The value of foreign currency

Answers

Answer:

a.The rate of inflation

Explanation:

Inflation means rise in the consumer price index i.e. the weighted average of prices belong to the different kinds of goods. It could be measured by taking the difference of CPI and dividing it by the previous year CPI

The rate of inflation would be most impacted to the purchasing power of people income

Therefore the option a is correct

One example of the role of democracy in education is

A. To prove that equality works among diverse learners
B. To provide equal pay for teachers
C. To cultivate civic responsibility in our students
D. To ensure equal success for all learners​

Answers

I’m pretty sure the answer is C. To cultivate responsibility in our students

what happen to andi mack

Answers

Answer:

The show ended in July 26 of 2019

Explanation:

The show's story ended a while ago.

3. Who was the first customer of mcdonald's and what was ordered?

Answers

Answer:

The main McDonald's eatery was begun in 1948 by siblings Maurice ("Mac") and Richard McDonald in San Bernardino, California. They purchased machines for their little cheeseburger eatery from sales rep Ray Kroc, who was fascinated by their requirement for eight malt and shake blenders.

Explanation:

If I decide to tax students for tissues, charging 25 cents per tissue, this wax would be considered "fair" based on which principle of fairness?

a. benefits-received principle
b. willingness-to-spend principle
c. cost-incurred principle
d. ability-to-pay principle

Answers

A ‘ososoln ski ski ski 473

Language is the most complex challenge global marketers face.

True
False

Answers

Answer: False

Explanation:

The particular market segment your company is trying to sell your products or services to is your?

Answers

Answer:

Target market

Explanation:

Target market refers to the potential or existing customers that a business intends to sell its products or services. The target group is the group of people that a firm focuses on when creating its advertising messages.

A business identifies its target group through market research. The firm surveys the market to identify groups of people who are highly likely to buy its products and services.

Answer:

D

Explanation:

got it right on Edge

how many tines in earth does the sun intersect equartor​

Answers

Answer:

два

Explanation:

Why research proposal often gets rejected?
Give me at least 5 reason why?

Answers

cheating sneaking trust grown enough men and women

The global stock market is often volatile. if your entire investment portfolio loss 10% of it's value in a month during a market decline, what would you do?
A. Sell all of your investment
B. Sell some
C. Keep all / Buy more​

Answers

Answer:

B sell some

Explanation:

in a scenario where it is dropping, it doesn't mean it won't come back up. So you would sell some but keep a few so if it went up you still make profit

Based on the provided information, what i would do in this case is that i will sell some of the investment.

According to the question, we are to discuss about selling if investment in a case global stock market is often volatile and my entire investment portfolio loss 10% of it's value in a month.

As a result of this i will sell some of the investment, then keep some because the global market can still rise.

Therefore, option B is correct because, global market can still rise.

Learn more about global stock market at;

https://brainly.com/question/1305349

Materials from a source text without property citing the source is an example of plagiarism -(drivers Ed).

Answers

Answer:

True

Explanation:

Plagiarism is presenting somebody's else works, words, ideas, or concepts as one's own. Plagiarism may be deliberate or unintentional.  It is copy and pasting another person's work 'word for word' knowingly or unknowingly.

Plagiarism mostly occurs when one uses another person's word acknowledging or crediting the author. It means plagiarism can be avoided by properly citing the original author.

Answer:

c

Explanation:

on a timeline, a milestone 14 years in the future will be to the ____ of a milestone 8 years in the future and to the ____ of a milestone 2 years in the future. left; left, right; left, right; right, left; right

Answers

Answer:

Right; Right

Explanation:

.

Select the correct answer from each drop-down menu.
Which action should Angela take before starting her business?
Angela plans to start a small business. She needs to invest some money for her company's start-up capital. She has asked her friends for
advice. Her friends have suggested that she should create a website for the business
before
Reset
Next

Answers

Answer:

The answer is before.

Explanation:

She should create a website before investing

A marketer is keeping track of the revenue generated by his campaign. He wants to
see a specified return-on-investment for his monthly ad spend.
Which type of automated bidding strategy will meet his needs?
An awareness-based bidding strategy
A conversion-focused bidding strategy
A revenue-focused bidding strategy
A consideration-focused bidding strategy

Answers

Answer:

C). A revenue-focused bidding strategy.

Explanation:

As per the details given in the question, 'a revenue-focused bidding strategy' will most likely assist the marketer in upkeeping his needs as his key focus is to discern a particular return on his investment that he made for the monthly ad spend made by him. This automated strategy of bidding will allow him to keep track of the revenue and escalate the return. Thus, option C is the correct answer.

started business with cash Rs 100000 and furniture Rs 50000​

Answers

Answer:

See below

Explanation:

Cash and furniture are assets. An increase in assets is debited. The amounts used to buy the in facilitating the transactions is the capital.

The journal entry will be as below,

Cash  A/c       Dr.  Rs 100,000

Furniture A/c   Dr.  Rs  50,000

Capital      A/c Cr.        Rs 150,000

Give an example of 3 wants of businesses and describe WHY they are wants

Answers

A want is something which we would like but do not need to survive. Humans have five basic needs: food, water, shelter, warmth, and clothing. ... Products are launched to fulfill the needs and wants of the consumers in the business's target market. A market is defined as a place where buyers and sellers meet.

Define the term Sole Proprietorship:

Answers

Answer:

juhfd jdioweaq judejkO{kiE-O9 RNH

Explanation:

LOL LOO

hey, would love some help with these 3 questions!

here's the actual source:

Netflix is an American public limited company that sells subscriptions to its online video streaming services. A subscription allows consumer in over 190 countries to stream television programmes and films through the internet

In 2016 Netflix decided to increase the price of its standard UK subscription from 5.99 to 7.49 per month. This move reflected Netflix's shift toward producing more of its own original streaming content, such as the hit drama 'Stranger Things', rather than repeating shows that are available on terrestrial channels such as BBC1 or itv1.

In recent years, the online streaming market has become increasingly competitive with rivals such as Amazon Prime, investing $180 million on 36 episodes of 'The Grand Tour'. To keep up, Netflix has commited itself to spending $6bn on new, original programming in 2017.

Netflix faces the difficult of raising prices to fund new shows, whilst at the sime time not putting off new and existing subscribers. However, Netflix continues to expand and build up its library of programmes and films from non-English speaking countries. Netflix's longer-term aim is to successfully enter the Chinese market.

Answers

Answer:

i’m stuck on the first but i can help with the second one and third.

Explanation:

second one: “This move reflected on Netflix’s shift toward producing more of it’s own original streaming content.”

Third one: “I believe that netflix should ___ because…”

my opinion if you want to use it :)

I believe that Netflix should add special offers on more subscriptions. I say that because there are so many possibilities that they could come up with and they could use for it. They could also make a lot more money on how good the offers are. If they added more subscriptions, maybe more people would buy them to try out and if they ike it, they would j using it from that day forward, which not only would help netflix make even MORE money, but depending on how good the special offer is, it would make netflix producers and the customers very happy.

PLS HELP WILL GIVE BRAINLIEST!!!!

The right to own a business is referred to as the right ___.
of free enterprise
of private property
of competition
of freedom of choice
to earn a profit

Answers

Of free enterprise

Explanation:

Of free Enterprise

an economic system in which private business operates in competition and largely free of state control.
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