Business, 26.06.2021 01:30 masonrochester7
Context: Normative economic statements are economic policy goals and values. There are two broad types: efficiency and equity. We considered dynamic efficiency (optimal rates of economic growth) in Activity 4. Here is a nice resource that elaborates on the idea of equity or economic justice In this exercise, we contrast these, thinking about trade-offs that might exist between the two.
Consider the following equity or economic justice statement:
1. Macroeconomic policies that keep interest rates artificially low unfairly deny an adequate return to savings for middle and lower class families struggling to provide for their future.
And now consider the following efficiency statement:
2. Macroeconomic policies that keep interest rates low encourage efficient economic investment in ideas and capital goods that enhance our society's economic future.
Answers: 2
Business, 21.06.2019 21:30
He set of companies a product goes through on the way to the consumer is called the a. economic utility b. cottage industry c. market saturation d. distribution chain
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Business, 22.06.2019 10:30
On july 1, oura corp. made a sale of $ 450,000 to stratus, inc. on account. terms of the sale were 2/10, n/30. stratus makes payment on july 9. oura uses the net method when accounting for sales discounts. ignore cost of goods sold and the reduction of inventory. a. prepare all oura's journal entries. b. what net sales does oura report?
Answers: 2
Business, 22.06.2019 13:30
You operate a small advertising agency. you employ two secretaries, a graphic designer, three sales representatives, and an office coordinator. 1. what types of things would you consider when determining how to compensate each position? describe two (2) considerations. 2. what type of compensation plan would you use for each position?
Answers: 1
Business, 22.06.2019 21:20
Afamily wishes to save for future college expenses. which financial tool should the family invest in?
Answers: 1
Context: Normative economic statements are economic policy goals and values. There are two broad typ...
Social Studies, 10.01.2020 03:31
Social Studies, 10.01.2020 03:31