The web-based assignment for this unit considers social security. Over the next few decades, retiring baby boomers will increase outflows in the social security system. Will there be sufficient funds to keep social security going; and should it be kept going? The issue has become highly politicized, often obscuring facts about the system and limits to what we know about future economic data. In this Web Assignment, you look into Social Security currently and its possible need for reform. Prepare a brief summary of the Social Security problem and potential solutions based on the questions below: 1. How is social security currently funded? 2. What happens to social security funds once they are paid into the system? 3. What changes have been made to the social security system from inception to date? Are those changes adequate? 4. When would you expect the Social Security system to begin to experience difficulties, if any? Why? 5. What are the pros and cons of replacing social security with private funds? Do you support privatization or not support it? Provide arguments to support your side. Here are some potential websites for you to review and utilize as sources. Please feel free to conduct a search yourself for additional reliable sources. Be sure to cite your sources utilized. - Social Security Administration - The 2016 Trustees Report - Pros and Cons of Privatizing Social Security Prepare a brief summary of the Social Security problem and potential solutions based on the questions below: 1. How is social security currently funded? 2. What happens to social security funds once they are paid into the system? 3. What changes have been made to the social security system from inception to date? Are those changes adequate? 4. When would you expect the Social Security system to begin to experience difficulties, if any? Why? 5. What are the pros and cons of replacing social security with private funds? Do you support privatization or not support it? Provide arguments to support your side. Here are some potential websites for you to review and utilize as sources. Please feel free to conduct a search yourself for additional reliable sources. Be sure to cite your sources utilized. - Social Security Administration - The 2016 Trustees Report - Pros and Cons of Privatizing Social Security - Cato Institute - several articles provided on Reform under Cato Studies - Shared Prosperity - Proposal for Social Security Reform You must cite your references properly according to MLA or APA guidelines. Even if the source is mentioned in the assignment instructions, you still need to cite and include it within your document.

Answers

Answer 1

Please ensure to cite your references properly according to MLA or APA guidelines.

Summary:

The Social Security system in the United States is facing challenges due to the increasing number of retiring baby boomers and the strain it puts on the system's funds. This web assignment aims to provide a brief summary of the Social Security problem and potential solutions.

How is social security currently funded?

Social Security is primarily funded through payroll taxes, where both employees and employers contribute a portion of the employees' wages. The tax rate is set by law and is subject to a maximum wage cap.

What happens to social security funds once they are paid into the system?

The funds collected through payroll taxes are used to pay current beneficiaries' benefits. Any surplus funds are invested in special issue government securities, which essentially means that the funds are loaned to the federal government.

What changes have been made to the social security system from inception to date? Are those changes adequate?

Several changes have been made to the Social Security system over the years, including adjustments to the retirement age, changes in the calculation of benefits, and increases in the payroll tax rate. However, the sustainability of these changes is a subject of debate, and some argue that further reforms may be necessary to ensure the system's long-term viability.

When would you expect the Social Security system to begin to experience difficulties, if any? Why?

The Social Security system is projected to face challenges in the future due to the demographic shift with a larger number of retirees compared to the working population. The exact timeline for when the system will experience difficulties may vary based on economic conditions, birth rates, and other factors. However, the Trustees Report suggests that the system's reserves may be depleted by 2034, at which point benefit payments may need to be reduced if no changes are made.

What are the pros and cons of replacing social security with private funds? Do you support privatization or not support it? Provide arguments to support your side.

Privatizing Social Security involves shifting the responsibility of retirement savings to individuals through private investment accounts. Proponents argue that privatization could provide individuals with greater control over their retirement savings, potentially yielding higher returns. It may also reduce the burden on the government and create a more flexible system. However, critics express concerns about the potential risks and uncertainties associated with private investments, such as market volatility and insufficient returns. They also worry about the potential for increased inequality and the potential exclusion of vulnerable populations from retirement benefits.

Sources:

Social Security Administration: www.ssa.gov

The 2016 Trustees Report: www.ssa.gov/oact/tr/2016

Pros and Cons of Privatizing Social Security: www.investopedia.com

Cato Institute - Reform under Cato Studies: www.cato.org

Shared Prosperity - Proposal for Social Security Reform: www.sharedprosperity.org

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Related Questions

What is the organizational structure for an supermarket?

Answers

Answer:

An array of repeat customers grouped in various local areas, A chain of retail stores, various transportation systems,  A set of warehouse distribution centers, and An array of product suppliers under contract.

Explanation: In carrying out its function, a supermarket business acquires and assembles a wide assortment of goods from individual suppliers, then organizes and distributes them as-needed to a chain of retail stores for sale to local customers.

Kayla is a busy entrepreneur who is running a rapidly growing startup. Kayla intends to use social media for recruiting several new employees. What key managerial takeaway would you give to kayla?.

Answers

This important managerial lesson I imparted to Kayla is that she should check Dribbble before hiring a web designer.

Describe Dribbble.

For digital designers and creatives, Dribbble is a platform for networking and self-promotion. It is one of the biggest platforms for designers to share their work online and functions as a design portfolio platform, jobs, and recruiting site. All employees work remotely for the distributed business, which has no headquarters.

Dribbble was an invite-only website where designers could share what they were working on when it was beta-launched in 2009 by Dan Cederholm and Rich Thornett. According to the founders, the name "Dribbble" was inspired by the dual metaphors of "bouncing ideas" and "leaking your work."

On July 9, 2009, Cederholm posted the first "Shot," which is a brief screenshot of a designer's active project. It became accessible to the general public in March 2010 and required invitations for new users.

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economists look at resources as the available supply of something that can be used. group of answer choices true false

Answers

Economists look at resources as the available supply of something that can be used. The given statement is True.

What do you know about Economists?

Economists are professionals who study the production, distribution and consumption of goods and services in an economy. They research and analyze economic data, trends, and policies to determine the best way to allocate resources, goods, and services. They use a variety of tools, such as economic theory and statistical analysis, to inform their decisions. Economists often collaborate with government officials and business leaders to develop policies that are in the best interests of the economy. They also advise corporations and individuals on financial and investment strategies. Additionally, economists may teach at universities, write for academic journals, and work as economic consultants.

So, The required answer is True.

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he loves me, he gives me all his money, that gucci prada comfy, my suger daddy:)

Answers

Answer:

what did he sayyyyyyyyyy

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a decrease in the value of a nation’s currency in a flexible exchange rate system is called

Answers

A decrease in the value of a nation’s currency in a flexible exchange rate system is called Currency depreciation.

What is Currency depreciation?

Currency depreciation tend to occur when the value  or worth of a nation  currency reduce or decline.

The value of a nation currency can tend to depreciate as a result of market forces as market forces can cause the value of a nation  currency to fall.

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. A tomato farmer has used direct distribution to sell to local consumers through an area farmers' market. Last year, she sold 400 bushels of tomatoes at $2.49 a pound. (There are 53 pounds in a bushel of tomatoes.) This year she is considering using an indirect channel by selling to two area supermarkets. She estimates that she can sell 650 bushels at $1.63 a pound. What will be the difference in revenue if she makes the change? What other factors should the farmer consider before changing to indirect distribution?

Answers

Answer:

the farmer's total revenue when she uses the direct channel = 400 x $2.49 = $996

if she uses the indirect channel, her total revenue = 650 x $1.63 = $1,059.50

her total revenue will increase when selling to he supermarkets, but also her variable production costs will increase. This means that it is probable that her total contribution margin decreases even if total revenue decreases.

The farmer's total revenue when she uses the direct channel is $996 and the difference in revenue if she makes the change will be $63.5

What do you mean by Total revenue?

Revenue is the total amount of sales of goods and services. It is calculated by multiplying the total amount of goods and services sold at the price of goods and services.

Total revenue when she uses the direct channel is $996  

\(\rm\, Total \,Revenue = 400 \times \$2.49 \\\\\rm\, Total \,Revenue = \$996\)

If she uses the indirect channel, her total revenue is $1,059.50.

\(\rm\,Total \,Revenue = 650 \times \$1.63\\\\\rm\,Total \,Revenue = \$1,059.50\)

The difference in revenue between direct selling and indirect selling:

\(\rm\, \$1,059.50 - \$996 = \$63.5\)

The farmer's total revenue will increase when selling to the supermarkets, but also her variable production costs will increase which has to be kept in mind while choosing indirect selling.

Therefore, the farmer should keep the variable factor costs in mind before selecting indirect selling as the revenue might increase but the percentage of increase probably may not be high.

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Use Laplace transform to solve the following initial value problems:
(a) y'- 2y + 2y = cost, y(0) = 1, y'(0) = 0.
(b) y)-y=0, y(0)=2, (0) = -2, (0)=0, "(0) = 0.
(c) y + y(t) = '(0) = 0. 0 1≤t<5 otherwise, y(0) 0,

Answers

The given initial value problems involve differential equations that can be solved using Laplace transforms.

In problem (a), the Laplace transform will be used to find the solution for the given equation and initial conditions. In problem (b), the Laplace transform will be applied to solve a different equation with specific initial conditions. Lastly, problem (c) requires applying the Laplace transform to find the solution for a differential equation with a piecewise function and initial condition.

(a) To solve the initial value problem y' - 2y + 2y = cost, y(0) = 1, y'(0) = 0, we first take the Laplace transform of both sides of the equation, substitute the initial conditions, and then solve for Y(s). After finding Y(s), we take the inverse Laplace transform to obtain the solution y(t).

(b) For the initial value problem y" - y = 0, y(0) = 2, y'(0) = -2, y''(0) = 0, we again take the Laplace transform of the given equation and apply the initial conditions. This will give us the transformed equation in terms of the Laplace variables. By solving for Y(s), we can then use the inverse Laplace transform to find the solution y(t).

(c) In the initial value problem y' + y(t) = '(0) = 0, 0 ≤ t < 5, and y(0) = 0, we encounter a piecewise function. We will apply the Laplace transform to the equation, taking into account the different intervals. By considering the initial condition and solving for Y(s), we can obtain the inverse Laplace transform to find the solution y(t) for the given differential equation.

Using Laplace transforms allows us to solve these initial value problems and find the solutions to the respective differential equations with their specific initial conditions.

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The increased number of news and infotainment options has resulted in __________ in which media outlets focus on a particular interest and aim at a particular audience.

Answers

The increased number of news and infotainment options has resulted in a phenomenon known as media fragmentation, in which media outlets focus on a particular interest and aim at a particular audience.

As a result of media fragmentation, audiences are increasingly able to choose from a range of news sources that align with their political beliefs, personal interests, and lifestyle preferences. This has led to a decline in traditional mass media outlets, such as newspapers and broadcast news, which have struggled to adapt to the changing media landscape.

While media fragmentation has created new opportunities for targeted advertising and audience engagement, it has also raised concerns about the role of media in shaping public opinion and political discourse. Some critics argue that media fragmentation has contributed to the rise of echo chambers, in which individuals are only exposed to information.

Overall, media fragmentation has fundamentally changed the way we consume and interact with news and information, and has challenged traditional models of media ownership and control.

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All of the following are components of aggregate expenditure except _____.
(a) consumption spending
(b) net export spending
(c) actual investment spending
(d) government spending.

Answers

Aggregate expenditure is calculated using the formula AE = C + I + G + NX. The equation, when written out, reads as follows: Total spending = Total Household Consumption.

What doesn't count toward total spending?

Transfer payments (such pensions and unemployment compensation) are excluded from G because they would be counted twice. When an economy is open, net exports—defined as total exports minus total imports—are also included in the economy's total spending.

Which 4 expense elements are there?

Consumption, investment, net exports of goods and services, and government purchases of goods and services are the four essential categories of expenditures that must be included when calculating the gross domestic product (GDP) (GDP).

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Choose one of the laws that protect consumers' financial rights and find three articles describing instances of financial institutions breaking this law. Write a report (about 500 words) describing the circumstances of the violation and the penalties associated with the violation.

Answers

Answer:

Consumer protections sound like it should be a guarantee in Usa, but the government never intervened to protect citizens in the 1960s.

It began mostly with 1968 Consumer Credit Protection Act, when Congress stepped on from violence to defend consumers and their financial histories.

Many regulations expanded investor protections in the years that followed, detailing how the government can obtain records from bank clients, how banks manage lenders and how lenders manage deposit accounts.

During the Great Depression of 2008, it all reached a climax and with that, the financial stability oversight Bureau was created, a new federal department committed to defending customers.

Answer:

For this report I chose to use the Truth in Lending Act. The Truth in Lending Act protects you against inaccurate and unfair credit billing and credit card practices. It requires lenders to provide you with loan cost information so that you can comparison shop for certain types of loans. This protects you from loan overdraft and over billing. This allows the consumer ease to their day of anytime they run into finacial issues. As this makes better sense to consumers it helps others all over the world. People use it in hopes that this will help them in everyday.

Explanation:

Please help!! Unit test question 50 pnts!!!! Kyle is applying to be a police officer. In his interview, he describes that he loves watching the news and following current cases. He explains that he is honest, caring, compassionate, and has a very deep sense of integrity. He then explains that he is in excellent physical condition and trains regularly in hand-to-hand combat. He tells them that he is a member of the Police Explorers, a group that trains and rides along with the local police. He also tells them that he graduated at the top of his class and was a state finalist on the mock trial team. Which table accurately lists Kyle’s personal interests, skills, achievements, values, and experiences? A 2-column table with 5 rows. Column 1 has entries Personal interests, Skills, Achievements, Values, Experiences. Column 2 has entries grades and mock trial finalist; physical condition and training; following cases on the news; honest, caring, compassionate, has integrity; Explorers. A 2-column table with 5 rows. Column 1 has entries Personal interests, Skills, Achievements, Values, Experiences. Column 2 has entries following cases on the news; honest, caring, compassionate, has integrity; grades and mock trial finalist; physical condition and training; Explorers. A 2-column table with 5 rows. Column 1 has entries Personal interests, Skills, Achievements, Values, Experiences. Column 2 has entries grades and mock trial finalist; honest, caring, compassionate, has integrity; Explorers; physical condition and training; following cases on the news. A 2-column table with 5 rows. Column 1 has entries Personal interests, Skills, Achievements, Values, Experiences. Column 2 has entries following cases on the news; physical condition and training; grades and mock trial finalist; honest, caring, compassionate, has integrity; Explorers.

Answers

The table is A 2-column table with 5 rows. Column 1 has entries Personal interests, Skills, Achievements, Values, Experiences. Column 2 has entries following cases on the news; honest, caring, compassionate, has integrity; grades and mock trial finalist; physical condition and training; Explorers. The correct option is (B).

What do you mean by skills, interest?

Passion (or Interests): Do I enjoy engaging in this activity? something that you enjoy doing? Is this an activity I have the talent (or skills) for?

There are three categories of skills: self-management, functional, and specialised knowledge. Functional skills are innate aptitudes or capabilities that are refined through practice and education.

Therefore, the table accurately lists Kyle’s personal interests, skills, achievements, values, and experiences is A 2-column table with 5 rows. Column 1 has entries Personal interests, Skills, Achievements, Values, Experiences. Column 2 has entries following cases on the news; honest, caring, compassionate, has integrity; grades and mock trial finalist; physical condition and training; Explorers.

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Explain why supply and price are positively related.

Answers

Answer:

Price is what the producer receives for selling one unit of a good or service.

Explanation:

An increase in price almost always leads to an increase in the quantity supplied of that good or service, while a decrease in price will decrease the quantity supplied.

Give an example of a brand you love. Review their website and social media, how is the experience "two-way" for you as a customer? 3. Give some examples of how they embrace the New Rules of marketing and PR highlighted in our chapter

Answers

Nike provides a two-way customer experience through personalization, feedback mechanisms, and active engagement on their website and social media platforms. They embrace the New Rules of marketing and PR by utilizing content marketing, real-time marketing, and influencer collaborations.

One example of a brand that I love is Nike. When I visit their website and engage with their social media platforms, I experience a two-way interaction as a customer. Here's how:

1. On their website, Nike allows customers to create accounts and personalize their experience. This means that when I log in, I can see recommendations based on my previous purchases and interests. This personalization makes me feel valued as a customer and enhances my overall experience.

2. Nike also encourages customer feedback and reviews on their website. They provide a platform for customers to leave reviews on products they have purchased, which helps other customers make informed decisions. Additionally, Nike takes customer feedback into consideration and makes improvements based on the feedback received.

3. On social media, Nike actively engages with their customers through various channels. They respond to customer comments, questions, and concerns, which shows that they value their customers' opinions. They also encourage customers to share their experiences with Nike products using hashtags and user-generated content, further fostering a sense of community.

Now let's discuss how Nike embraces the New Rules of marketing and PR:

1. Nike utilizes content marketing by creating engaging and inspiring content on their website and social media platforms. They share stories about athletes, promote their products in creative ways, and highlight social and environmental initiatives. By focusing on storytelling, Nike connects with customers on an emotional level and builds brand loyalty.

2. Nike embraces real-time marketing by capitalizing on current events and trends. For example, during major sporting events like the Olympics or World Cup, Nike releases timely ads and campaigns that resonate with their audience. This allows them to stay relevant and capture the attention of their target market.

3. Nike also embraces the power of social media influencers and brand advocates. They collaborate with athletes and celebrities who align with their brand values to promote their products. This influencer marketing strategy helps Nike reach a wider audience and gain credibility among their target market.

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Why do you think that most careers in the Education and Training cluster require a
college degree of some sort?

Answers

Answer:

Careers in the Education and Training cluster require a minimum college degree.

Explanation:

From my point of view, education is vital in today's world. Children are getting knowledge from school or colleges, so the teacher need to be educated. The teacher is the one who needs to share knowledge with the students.

The education of the Tutor is one of the major things that we need to consider when we are going to recruit a trainer/tutor. If the tutor is educated then only he/she will be able to teach the students. And this will affect the students too.

Only well-educated tutors can give proper lessons to children and brought up them with proper culture. The education center is the place where most of the children spent the time most of the time in a day. So it's the responsibility of a tutor to give them proper guidance. So a properly educated tutor can only be able to guide a child in the right way.

A company sells a plant asset that originally
cost $528000 for $194000 on December
31, 2017. The accumulated depreciation
account had a balance of $264000 after
the current year's depreciation of $44000
had been recorded. The company should
recognize a

Answers

Answer:

The company should recognize a loss of $70,000

Explanation:

Here in this question, we shall be evaluating what should be recognized in the transaction books of the company as a result of the sales of one of its plant asset.

The first thing to do here is to calculate the book value of the plant asset.

Mathematically, the book value of the plant asset = Original cost of plant asset - Accumulated depreciation value

from the question; the original cost is $528,000

while the depreciation value is $264,000

Thus, the book value of the plant asset = $528,000 - $264,000 = $264,000

Now since the company sold the plant asset at a value of $194,000, which is less than the book value of the plant asset, the company should recognize a loss

The amount of the loss = Amount at which the sold - book value of the plant asset

= 194,000 -264,000 = -70,000

Thus the company should recognize a loss of $70,000

Identify the problem by analyzing the given scenario. An IT software company is losing market share because it fails to launch new products in a timely manner. Decisions are centralized at the top, and employees have little or no voice. One way to solve this problem is to use teams to eliminate ____ in the company.​

Answers

Explanation:

to eliminate their best efforts in the company

Answer:

"bureaucratic barriers"

Explanation:

i got it right on plato

The extended warranty on a ceiling fan is 18% of the purchase price. If the price of the fan is $140, how much is the warranty? a. $7. 78 b. $25. 20 c. $18. 72 d. $12. 86.

Answers

Answer:

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what term is used to describe a practice where a customer purchases excess parts in advance?

Answers

Forward Buying refers to a practice in which a customer purchases excess parts in advance.

Supplier relationship management (SRM) is a methodical approach to evaluating vendors who supply an organization with goods, materials, and services, determining each supplier's contribution to success, and developing strategies to improve their performance. Outsourcing is the practice of transferring a company's traditionally internal activities to external suppliers. Supply chain management is the management of a product's or service's entire production flow, beginning with raw materials and ending with delivery to the consumer. Trade credit is a type of commercial financing in which a customer can buy goods or services on credit and pay the supplier at a later date. Trade credit can help businesses free up cash flow and fund short-term growth. David Pyke examined five types of sourcing relationships in his article Strategies for Global Sourcing: buy the market, ongoing relationship, partnership, strategic alliance, and backward integration.

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A decrease in the nominal wage rate would lead to ___ in short-run aggregate supply and ____ in long-run aggregate supply.

Answers

A decrease in the nominal wage rate would lead to an increase in short-run aggregate supply and no change in long-run aggregate supply.

How does the nominal wage rate affect supply?

The nominal wage rate affects the short - run aggregate supply by either increasing it or decreasing it. For instance, if the nominal wage rate decreases, the short run aggregate supply would increase because companies would be able to hire more people at the lower rates.

However, there will be no change in the long - run aggregate supply because in the long run, the nominal wages would have adjusted to price.

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The data on price and quantity purchased relating to a commodity for 10 months are given
below:Calculate coefficient of correlation between price and quantity.

Answers

Price and number of goods purchased are inversely correlated. Consequently, price rises as quantity rises.

What is data on price ?

Pricing Data is accurate information on the costs of goods that are strikingly comparable to those being purchased. Prices are used interchangeably in this definition to refer to actual selling prices as well as suggested or prospective selling prices. Data pertinent to both primary and subcontract prices are referred to in the definition. Data may consist of specific costs, weights, addresses, names, ages, temperatures, dates, or distances, for instance. Data is a basic type of knowledge and has no meaning or use by itself. In other words, facts must be interpreted in order to have any significance. A pricing list again for new term has been sent by the Contractor to authorized buyers.

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We best learn from other people's struggles, successes, and stories.
True
O False

Answers

Answer:

true bhe

Explanation:

syempre natututo rin tayo sa mga pagkakamali ng iba dahil sa pagkatuto natin alam na natin yung gagawin natin para maiwasan ang pagkakamali nila.

Answer:

true

Explanation:

according to the text, what is the ultimate hallmark of success for a business? question 5 options: maximum sales short-term sales long-term survival maximum profits

Answers

according to the text, maximum profits is the ultimate hallmark of success for a business.

earnings from commerce or company after covering the expenses associated with manufacturing and distributing products and services: Selling textile firms waste material allows her to make a sizable profit. Profit in economics is the difference between the income generated by an economic entity's outputs and the sum of its input costs. It is equivalent to total income less total expenses, which includes both direct and indirect expenses. The money that remains after paying your company expenditures is your profit. Gross profit, operational profit, and net profit are the three primary forms of profit. The largest profit is gross. The amount left over after paying for the sold products and services is displayed.

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agile is better suited for developing larger information systems than smaller one. True or False ?

Answers

The given statement "agile is better suited for developing larger information systems than smaller one." is false because agile is better suited for developing smaller information systems with changing requirements and iterative development cycles.

Agile methodology is typically better suited for developing smaller, less complex systems that require a high degree of flexibility and adaptability. It emphasizes collaboration, iterative development, and a focus on delivering value to the customer. For larger information systems, more traditional project management methodologies may be more appropriate, although some organizations have successfully used agile for larger projects as well. Ultimately, the choice of methodology depends on the specific needs and constraints of the project.

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economy where the government owns and offers all the goods and services is called ?

Answers

In such situation, we would have what is known as a command economy, in which the government owns, provides, and sets the prices for all goods and services.

The goal of a command economy, often referred to as a planned economy, is to maximise societal welfare by the planning, coordination, and direct supervision of all economic activity. In contrast to free-market economies, command economies do not permit market forces like supply and demand to control production or prices. All resources are allocated by the government in line with the overall plan. It strives to make the best use of the country's financial resources, labour force, and natural resources. A central authority determines both the maximum allowable output and the prices that can be paid for products and services under a political system with a command economy. Most industries are publicly held businesses.

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Which choice is the best reason savings accounts are usually NOT the best
option when it comes to saving for retirement?
OA. You will not have enough "time horizon" with your saving investments.
OB. Time is not on your side when it comes to savings accounts.
Oc. Most savings accounts do not pay enough interest to keep up with inflation
OD. Many people will spend their savings if they can get to it.

Answers

Answer:

The answer is C

the correct answer is C

Regina, Brock, and Sean are website designers who have been tasked to create a new website together.

This is an example of:
alliance
collaboration
punctuality
relationship

Answers

Answer:

B: Collaboration

Explanation:

I took the test

Answer:

B: Collaboration

Explanation:

I took the test

if the government determines whether you get an apartment, you are most likely living in a [1] economy. In a [2] society, the government controls the resources. In a [3] society, the community in theory is supposed to control the resources, but in reality, the [4] does.
[1]- a. command
b. market
c. traditional
[2]- a. capitalist
b. communist
c. socialist
[3]- a. capitalist
b. communist
c. socialist
[4]- a. government
b. individual
c. market

Answers

Answer:

1.  a. Command

2. c. Socialist

3. b. Communist

4. a. Government

Explanation:

"If the government determines whether you get an apartment, you are most likely living in a Command economy. In a Socialist economy, the government controls the resources. In a Communist society, the community, in theory, is supposed to control the resources, but in reality, the Government does."

1. A command economy is a type of economy where the government determines what is produced when it is produced, the quantity, as well as the price at which commodities are produced. The government also determines other activities in the economy such as the assignment of living spaces as well as the investments in the economy.

2. A socialist economy is an economy where goods are produced for consumption and are distributed to ensure equity by a centrally placed authority, which is the government.

3. A communist society according to Karl Marx is a classless society where all the resources belong to the entire community and properties are not owned by private individuals. In reality, though, the government actually controls the resources in this type of society. China is a country that practices communism.

3 x square minus 2 root 6 X + 2 = 0​

Answers

Answer:

-0.8462

Explanation:

what of the following forms the basis for a financial advantage when making a business decision? multiple choice whether opportunity costs are present whether irrelevant costs and benefits arise whether the dfferential benefits exceed the differential costs whether alternatives exist

Answers

The basis for a financial advantage when making a business decision is whether the differential benefits exceed the differential costs. To form the basis for a financial advantage in a business decision, it is crucial to determine if the differential benefits. By comparing these differences, you can make a well-informed decision that maximizes your financial advantage.

This means that the financial advantage lies in choosing an option that offers greater benefits compared to the costs associated with it. In addition, it is also important to consider whether opportunity costs are present, which means the potential benefits that may be lost by choosing one option over another. Furthermore, irrelevant costs and benefits should be eliminated from consideration as they do not contribute to the decision-making process. Lastly, it is crucial to analyze whether alternatives exist and evaluate them based on their differential benefits and costs to determine the most financially advantageous option.

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WHAT ARE MANAGED SERVICE OPERATIONS?​

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Managed services operations are operations which are related to food services.
“Managed services operations are operations which are related to food services. In managed services operator needs to meet necessities of both guests and clients. Most of the managed services need to prepare food in large quantities.”
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