The basic difference between microeconomics and macroeconomics can be understand by the following statement:
“Micro concentrates on the behavior of individual consumers and firms while macro focuses on the performance of the entire economy.”
Hence, Option B is correct
What is economics?Economics can be used to study human behavior and the decisions and actions that can be seen in any one space when they face difficulties and then achieve success.
There are two types of economics that can be studied by any person; one is micro and the second is macro. Microeconomics focuses on individual behavior while macroeconomics focuses on the entire economy.
Thus, Option B is correct
Learn more about economics from here:
https://brainly.com/question/1018610
#SPJ4
The complete question has been attached in text form:
1. The basic difference between macroeconomics and microeconomics is:
a. microeconomics concentrates on individual markets while macroeconomics focuses primarily on international trade.
b. microeconomics concentrates on the behaviour of individual consumers while macroeconomics focuses on the behaviour of firms.
c. microeconomics concentrates on the behaviour of individual consumers and firms while macroeconomics focuses on the performance of the entire economy.
d. microeconomics explores the causes of inflation while macroeconomics focuses on the causes of unemployment.
FIRST ANSWER WILL BE NAMED BRAINLIEST
Which action would effectively and appropriately address a budget deficit?
A. reduce income
B. reduce expenses
C. apply for bankruptcy
D. apply for new credit
Answer:
It is letter B
Explanation:
Reducing expenses would effectively and appropriately address a budget deficit. Thus option B is correct.
What is the budget?A budget is a financial plan that projects future earnings and costs. A budget, put simply, forecasts future finances in addition to anticipated revenues and expenditures. Calculating the company's earnings and costs for a set period of time is the procedure for creating a budget.
Increasing tax rates while decreasing government expenditures are the two apparent ways to minimize a budget deficit. the reduction of government spending and/or the raising of taxes, which results in either a rise in the primary surplus or a decrease in the budget deficit. greater taxes and less funding by the government. If public spending is lower than tax receipts, a budget surplus results.
Therefore, option B is the correct option.
Learn more about budget, Here:
https://brainly.com/question/15683430
#SPJ2
elect a product or service to sell.
Now determine the target market for your product or service by answering the following questions in a table:
Are your target customers male or female?
How old are they?
Where do they live? Is geography a limiting factor for any reason?
What do they do for a living?
How much money do they make? This is important if you are selling expensive or luxury items.
What other aspects of their lives matter? For example, do they need to be homeowners?
Now, identify your product or service and explain what your target market is and why.
Answer:
what is your main question
Jose is hired to manage an unincorporated high-end fashion boutique owned by Samantha. The two agree that Jose will receive onethird of the net profits, which amount is to be paid to Jose on a monthly basis. Is Jose a partner in the business? Explain. Why or why not? If the boutique experiences a loss instead of a profit, would Jose have to share (split) the loss with Samantha
Yes I do agree that Jose is a partner in this business because he was hired to perform managerial duties.
Yes Jose would have to share in the lose because it would affect the earning that he was to get from the business.
What is a partnership?In a partnership, parties who are referred to as business partners agree to work together to further their shared objectives. Individuals, companies, interest-based organizations, schools, governments, or combinations of these may be the partners in a partnership.
A partnership is a type of business where two or more persons jointly own the company and are responsible for managing it and for any profits or losses it makes.
An agreement between two or more people to manage a business' operations and divide its assets and liabilities is known as a partnership. All partners in a general partnership corporation split the company's assets and debts equally.
Read more on partnership here: https://brainly.com/question/25012970
#SPJ1
6. Devonn has a checking account that charges $0.25 for each check written and a monthly service charge of $1200. Write a formule that Devenn can use each morth to find the fees he will be charged. Identify any voriable you use in the formula.
Answer:
1200÷12 or 0.25×1200÷12 maybe? plz tell me if I'm right cuz I actually wanna know too
The trial balance prepared after all closing entries have been journalized and posted is called the?
The trial balance prepared after all closing entries have been journalized and posted is called the Post-closing trial balance
A balance sheet or an income statement are frequently mistaken for a trial balance. Trial Balance is an internal report that is created at the conclusion of each accounting period, typically in the form of a spreadsheet. A trial balance is primarily used to check the accuracy of the general ledger's list of credit and debit entries.
A trial balance is an essential tool for company. When utilized properly, it can result in the identification of accounting problems, the evaluation of earnings, and support for a company's internal auditing procedure. All of the accounts in a general ledger are listed in a trial balance.
To know more about trial balance
brainly.com/question/13186909
#SPJ4
DECA is a CTSO for:
A. Blue-collar Workers
B. Maintenance Workers
C. Fashion Students
D. Marketing Students
speech about peer pressure
which of the following budgets is directly affected by changes in planned conversion costs? a. the sales budget justice system b. the cash receipts budget c. the general and administrative budget d. the manufacturing cost budget
The manufacturing cost budget is directly affected by changes in planned conversion costs. The manufacturing cost budget is a detailed plan of the production costs, which includes both direct and indirect costs.
The direct costs of production include direct materials, direct labor, and manufacturing overhead. On the other hand, indirect costs of production are referred to as manufacturing overheads that include utilities, rent, salaries of production supervisors, and maintenance of equipment.
Conversion costs are a subset of manufacturing costs that include direct labor and manufacturing overheads. Any change in the planned conversion costs, such as an increase in the wage rate or higher maintenance costs, will directly affect the manufacturing cost budget.
Therefore, the manufacturing cost budget needs to be adjusted accordingly to account for these changes and to maintain the accuracy of the budgeted financial statements.
Know more about Conversion costs here:
https://brainly.com/question/31063987
#SPJ11
intangible assets that are acquired from other entities are referred to as purchased intangibles, whereas intangibles that are created by a company are referred to as
Answer:
Internally developed intangibles
Explanation:
calculate the price of a zero-coupon bond that matures in 20 years if the market interest rate is 8.5 percent. (assume annual compounding and a par value of $1,000.) group of answer choices
Zero coupon bonds tend to be more volatile because they do not pay any interest over the life of the bond.These bondholders receive face value at maturity,so the only value on these bonds occurs closer to maturity.
The total return will be the same as the yield to maturity, therefore the total return is 8%. Below is the formula for calculating the present value of a zero coupon bond Price =M / (1 + r)^n where M=the maturity date r=Interest rate n=Number of years to maturity If a If an investor wants to earn a 4% return on a bond with a face value of $10,000 that matures in 2 years, he or she will be willing to pay $10,000. The face value is simply the face value of the bond or the value of the bond as determined by the issuing entity. Therefore,a $1,000 bond with a 6% coupon rate pays $60 in interest annually, and a $2,000 bond with a 6% coupon rate pays $120 in interest annually.Treasury bills or T-bills are also known as zero coupon bonds, which are short-term government securities or instruments issued by the Reserve Bank of India (RBI) on behalf of the Government of India that pay no interest .
To learn more about Zero coupon please click on below link.
https://brainly.com/question/30471895.
#SPJ4
What is the science that studies trends and changes in human populations?
A. Cohorts
B. Statistics
O c. Technology
D. Demography
Answer:
The answer to your question is D.
Demography is the statistical study of trends and changes in human populations. Thus, the correct option is D). Demography.
What is Demography?
Demography refers to the statistical study of human population. It includes the study of human populations and population changes and trends by using different resources such as statistics of births, deaths, income and disease.
Demography is the scientific study which is important to understand the structure of a population in order to plan health and public health interventions, to know how far the growth rate of the economy is keeping pace with the growth rate of population etc.
Demographers are those researchers who conduct demographic analysis by using census data, surveys, and statistical models to analyze the size, movement, and structure of populations.
Learn more about demography here:-
https://brainly.com/question/11620173
#SPJ2
Which of the following is most likely to be addressed as “Dr.”?
A. A school superintendent
B. A successful artist
C. A playwright
D. A sound technician
Answer:
A
Explanation:
That is most likely but it is steriotypical
Do tax credits reduce the amount of tax due?
Before determining how much tax you must pay, deductions might lower your income. Credits may enhance your tax refund or lower the amount of tax you must pay.
What Is a Tax Credit?With tax credits, you get a dollar-for-dollar decrease in the amount of taxes you owe. For instance, you'll pay $3,000 less in taxes if you're eligible for a $3,000 tax credit.A tax credit may, under some circumstances, not only reduce your tax obligation but also cause a tax refund. For instance, if you are eligible for a $1,000 completely refundable tax credit but only owing $700 in taxes, you would receive a tax refund for the remaining $300 of the credit.But not every tax credit is refundable. A nonrefundable tax credit can make your tax obligation null and void, but it won't result in an IRS check for the difference if the credit is greater than your tax obligation.To Learn more About Tax Credit refer to:
https://brainly.com/question/17395659
#SPJ4
A person has $50,000 in taxable income for a year and pays a 10 percent income tax rate, equal to $5,000. Which action would reduce the amount the person paid in taxes to $1,000?
A.
Receiving a $4,000 tax deduction
B.
Receiving a $4,000 tax credit
C.
Receiving a $49,000 tax deduction
D.
Receiving a $49,000 tax credit
Taxable income is the term used to describe the basis of an income tax system and the correct option in the given situation is (B) receiving a $4,000 tax credit.
What is taxable income?The base of an income tax system is referred to as taxable income.
In other words, the amount of revenue that was subject to taxation.
In general, it comprises all or a portion of the items of income and is lessened by costs and other deductions.
Depending on the nation or system, different amounts are included as income, costs, and other deductions.
Many systems stipulate that some expenses cannot be deducted when calculating taxable income and that certain types of income are not taxable (often referred to as non-assessable income).
So, in the given situation where:
$50,000 is the taxable income
10% is the income tax rate which is $5000.
The amount paid in taxes would be $1000.
Then, the action required would be: Receiving a $4,000 tax credit
Therefore, taxable income is the term used to describe the basis of an income tax system and the correct option in the given situation is (B) receiving a $4,000 tax credit.
Know more about taxable income here:
https://brainly.com/question/1160723
#SPJ1
5 creative ideas that have changed how we live
Answer:
talent without Hard work is nothing
don't waste time
believe in yourself never lose hope and dream big and chase them
work hard now and be proud later
sometime doing smart work with hard work is really important
never judge anyone coz. you never know a person's suffering ......
always be kind but never lose your self respect for anyone you love coz. if that person really loves you than he/she never make a thing that much big that affects your self respect or make you depress
be consistent maintain your time properly and complete your daily to daily tasks and think positive which develops confidence in you
don't run on towards the different different peeples to find love just improve yourself day by day and one day you automatically will have the person whom deserves you .....
respect elders especially parents and teachers and listen to them
don't hurt somebody just went away from the place you don't like
and eat healthy stay happy be confidence accept your faults and flaws and try to improve them never think what others says just do what you want the people will gonna demotivate you and taunt you but will also come to you when they need at the time when you will get success
Also, try to wake up early and be the part of humanity
THERE ARE SO MANY THINGS AND I AM TIRED OF WRITING NOW BUT YA I HOPE ITS HELP YOU TO BRINGS IMPROVEMENT IN YOUR LIFE ........
all of the following are topics that a good letter of recommendation could cover except
The students weaknesses
Transcript information
the students strengths
community service experience
Answer:
i think its Transcript information.
Explanation:
sorry if im wrong
:]
Answer:Transcript information
Explanation:
just took a quiz on it
A currency fixture is
Answer:
The currency fixture is referring to the foreign exchange rates, that are set in London every day at 4 PM.
Explanation:
These are known as benchmark rates and are determined related to the real transactions, that traders were conducting on the market in 60 seconds.
The rates for 21 currencies are determined on the medium level of all the trades that go through in this one minute.
An increase in u. S. Interest rates relative to german interest rates would likely ____ the u. S. Demand for euros and ____ the supply of euros for sale.
An increase in US. Interest rates relative to German interest rates would likely reduce the u. S. Demand for euros and increase the supply of euros for sale.
What is the impact of an increase in interest rate on a country's currency?When the interest rate of a country's currency increases, the value of that currency increases. As a result, there would be an increase in the demand for that currency relative to other currencies.
When the US interest rates increase relative to that of Germany, the value of the dollar would increase. This would lead to an increase in the demand for the dollar and a decrease in demand for the euros.
To learn more about currencies, please check: https://brainly.com/question/17180334
QUESTION 4 of 10: A clothing designer is looking for a job that can cover her living expenses of $5,000 per month. If she plans on working
forty hours a week, with four weeks a month, what's the minimum hourly wage she needs?
Answer:
$31.25
Explanation:
40 hours a week x 4 weeks a month = 160 hours of work per month
$5,000 divided by 160 = $31.25
Prompt
What is debt?
Answer:
debt is when you spent more money than you had
the economy begins at full employment and the cnsumers begin spending a smaller portion of their incomes this would lead to
If consumers begin spending a smaller portion of their incomes while the economy is at full employment, this would likely lead to a decrease in aggregate demand.
When consumers spend less, it directly affects the consumption component of aggregate demand, which is one of the key drivers of economic activity. A decrease in consumer spending can have ripple effects throughout the economy. The decrease in aggregate demand can lead to several potential outcomes: Reduced business revenues: With lower consumer spending, businesses may experience a decline in sales and revenues, which can affect their profitability and potentially lead to cost-cutting measures such as layoffs or reduced investment. Decreased production and employment: If businesses face reduced demand for their goods and services, they may scale back production, leading to lower employment levels. This can result in a rise in unemployment and reduced income for workers. Slowdown in economic growth: Reduced consumer spending can contribute to an overall slowdown in economic growth, as it affects multiple sectors and reduces the overall level of economic activity. Potential deflationary pressures: If the decrease in consumer spending persists and businesses struggle to sell their goods and services, it can lead to a decrease in prices (deflation) as companies may engage in price reductions to stimulate demand. Policymakers may respond to this situation by implementing measures to stimulate consumer spending, such as fiscal policies (tax cuts, increased government spending) or monetary policies (lowering interest rates) to boost aggregate demand and support economic activity.
Learn more about incomes here:
https://brainly.com/question/14732695
#SPJ11
Please help, <3
Analyze two pricing strategies for their advantages and disadvantages and give reasons for a business to use each of those pricing strategies.
hope it helps
Which of the following are more likely to happen if you have bad credit? Check all that apply.
being denied a mortgage
being denied an unsecured credit card
having to pay higher interest rates on loans
getting a great interest rate on a car loan
having a strategy for dealing with a financial emergency
Answer:
being denied a mortgage. being denied an unsecured credit card. having to pay higher interest rates than loans
If you have bad credit the individual will be:
Being denied a mortgage.Being denied an unsecured credit card.Having to pay higher interest rates than loansThus, option 1, 2, and 3 is correct.
What is credit?"Credit" has numerous implications in the monetary world, yet it most usually alludes to a legally binding understanding wherein a borrower gets an amount of cash or something different of worth and focuses on reimbursing the bank sometime in the future, normally with a premium.
Banks utilize your rating to survey how dependable you are with credit and decide how hazardous it very well may be to advance your cash. On the off chance that you don't have a sufficiently high score or you have slanderous imprints on your credit report, loan specialists could deny your home loan.
Therefore, option 1, 2, and 3 is correct.
Learn more about credit, here:
https://brainly.com/question/30698297
#SPJ5
Hubert is training for a triathlon, a timed race that combines swimming, biking, and running. Consider the following sentence: Because his pool sessions are helping him swim more quickly, Hubert plans to reduce by 1 hour per week the time he spends training on the bike and increase by 1 hour the time he spends in the swimming pool; however, his wife says that he should stop doing any biking and running and spend all 20 hours per week in the pool. Which basic principle of individual choice does Hubert's plan illustrate that his wife's advice does not
Answer:
Many decisions are made on the margin.
Explanation:
The principle state that many economic decisions are made by looking at the Cost Benefit at the margin.
This would involve looking at the Cost Benefit of an additional unit of consumption or production.
In this case, Hubert wants to spend an extra hour that would improve her swimming that would improve her chances of doing well in triathlon.
Therefore, Many decisions are made on the margin.
Learn more about decisions making, refer :
https://brainly.com/question/19250814
a fixed-price contract is useful and appropriate when
Arkansas permit test?
Answer:
Arkansas Fines and Limits Permit Practice Test
To take your knowledge exam, you'll need to pay a $5 testing fee, as well as a $40 license fee if you pass.
25 questions. The Arkansas knowledge test, which you must pass to get your learner's permit, has 25 questions. You must correctly answer 20 of them. If you fail the knowledge test, you can re-test in five days.
Soft skills 2 sentences that will help
Answer:
Include the terms most closely related to the job in your resume, especially in the description of your work history. Highlight Skills in Your Cover Letter: You can incorporate soft skills into your cover letter. Include one or two of the skills mentioned here, and give specific examples of instances when you demonstrated these traits at work
Explanation:
what is the process of taking decision in the office?
Answer:
dress code, smile, thinking cap, and due process
Explanation:
u must have all of them to complete your job. if u not fit for work you not going to have a nice day. you must think the due process through and follow guidelines
Why is it important for a person to invest and save
Of the cartons produced by a company, % have a puncture, % have a smashed corner, and % have both a puncture and a smashed corner. Find the probability that a randomly selected carton has a puncture or a smashed corner.
After Using Venn probabilities, it is found that:
The chance that a randomly selected carton has a puncture or a smashed corner is 15.6%.
In probability, a Venn diagram is a parent with one or more circles inside a rectangle that describes logical relations between events. The rectangle in a Venn plan represents the sample space or the well-known set, that is, the set of all possible outcomes.
In this problem, the activities are:
Event A: Puncture.
Event B: Smashed corner.
The "or" probability is given by:
10% have a puncture, subsequently
6% have a smashed corner, consequently .
0.4% have each a puncture and a smashed corner, hence .
Then:
The likelihood that a randomly chosen carton has a puncture or a smashed nook is 15.6%.
Learn more about venn probabilities here:
https://brainly.com/question/24707032#SPJ4