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In a capitalist system, what are the goods and tools that are used to make products?


Human labor is used in a Capitalist system in order to make products. 

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Suppose that Eric, an economist from a business school in Georgia, and Ginny, an economist from a public television program, are arguing over saving incentives. The following dialogue shows an excerpt from their debate: Ginny: I think it’s safe to say that, in general, the savings rate of households in today’s economy is much lower than it really needs to be to sustain the improvement of living standards. Eric: I think a switch from the income tax to a consumption tax would bring growth in living standards. Ginny: You really think households would change their saving behavior enough in response to this to make a difference? Because I don’t. The disagreement between these economists is most likely due to _____ . A. Difference in values B. Difference in scientific judgements C. Difference in perception versus reality Despite their differences, with which proposition are two economists chosen at random most likely to agree? A. Employers should not be restricted from outsourcing work to foreign nations. B. Central banks should focus more on maintaining low unemployment than on maintaining low inflation. C. Business managers can raise profit more easily by reducing costs than by raising revenue.

Correct option: Difference in scientific judgements

Both Eric and Ginny are from different backgrounds are working at the different levels of economic understanding. They have different skills sets, values and thought process for the same economic problem. Therefore, there is a difference in scientific judgement.

Correct Option A: Employers should not be restricted from outsourcing work to foreign nations.

The fundamental of economics suggest to make the best use of available resources. It suggests that if the cheap and qualified laborers are available abroad, no economy should hesitate in hiring them. It improves the profitability of the companies and make the product and services cheaper for everyone.


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What was the main reason that Carnegie invested in the Frick Coke Company? A.He wanted to invest in new technology. B.He thought he could help the company become profitable. C.He wanted to make sure he could always get fuel for his steel plant. D.He was interested in the coal business.

Correct answer is C.He wanted to make sure he could always get fuel for his steel plant.

Reason: Coke is always used as fuel for example , petroleum coke. So Carnegie would always get coal by investing in the Coke company

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Which of the following is a tax incentive? A.a tax on imported goods B.a set amount that you subtract from your gross income for yourself and any dependents C.taking tax payments out of an employee’s pay before he or she receives it D.the use of taxation to encourage or discourage certain behaviors

The answer is "D.the use of taxation to encourage or discourage certain behaviors".


A tax incentive is an administration measure that is proposed to urge people and organizations to burn through cash or to set aside extra cash by decreasing the measure of assessment that they need to pay.  

Tax incentive are methods for lessening charges for organizations and people in return for explicit alluring activities or ventures on their parts. Their motivation is to empower those organizations and people to take part in conduct that is socially dependable or potentially benefits the network.

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What is a federal and/or state tax on specific goods like gasoline, tires, airfare, or cigarettes?

excise tax, which is a federal and/or state tax on specific goods such as gasoline, tires, airfare, and cigarettes.

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Select the true statement about standards for weights and measures. Sales of products or services impacted by weights and measures laws in the US represent a small proportion of output. A pound of flour from the Fluffy Flour Company will be the same weight as a pound of flour from another company. Companies owned by private individuals do not have to follow the standards. Standards often wind up discouraging the exchange of goods in the economy.

The answer is: A pound of flour from the Fluffy Flour Company will be the same weight as a pound of flour from another company.

In the before standard for weight and measures were created, commodities such as flour was sold using 'bags' as standard of measurement. This cause a lot of problems among buyers because many sellers put very little amount of flour inside one bag in order to obtain many profit

Because of such problems, Standard for weight and measures were invented so the sellers would not be able to cheat the buyers by less amount that they suppose to.

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In order for a teen to have a successful business, they must to do all of the following EXCEPT _____. a. be prepared to work long hours b. make a profit with the business c. ignore customer satisfaction d. be able to promote the business

In order for a teen to have a successful business, they must to do all of the following EXCEPT ignore customer satisfaction. Without customer satisfaction, there are no customers and therefore no business.

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Consumer products such as furniture and appliances are typically distributed using what kind of distribution

Consumer products such as furniture and appliances are typically distributed using selective distribution. Selective distribution uses only a preferred group of the available retailers in an area and by doing this is helps ensure producers of quality sales and service. The other two retail distribution strategies are Intensive distribution: . Intensive distribution and Exclusive distribution.

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What is a graphical representation of the combination of goods and services that can be produced in a situation?

The graphical representation of the combination of goods and services that can be produced in a situation is called:
Production possibility frontier
this usually used to attract the interest of potential market

hope this helps

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Select all the items that describe a free market economy. limited selection of goods and services freedom for consumers and producers competition between businesses distribution by price motivated by self-interest

The items that describe a free market economy are  :
- Freedom for consumers and producers
- Distribution by price
- Motivated by self-interest

Hope this helps

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How would a strong U.S. dollar impact the trade of grain produced in the United States? U.S. grain exports decrease U.S. grain exports increase U.S. grain imports decrease U.S. grain imports stagnate Two countries produce milk and dairy products efficiently. Neither has an absolute advantage. However, Country A exports milk to Country B, and Country A imports cotton from Country B. Which of the following is inferred? The opportunity cost of producing milk is lower for Country A. The opportunity cost of producing cotton is higher for Country B. Country A has a natural resource advantage in cotton. Country B has a natural resource advantage in milk.

When a country has a strong currency, generally its export decreases - this is the answer to the first question.

Imagine, a tone of rice costs 100 dollars, that is 100 pounds. With a strong dollar, it's 120 pounds now - the British will be able to afford less of US rice now!
About the second question - I think that if neither has an absolute advantage, this also likely means that neither has more natural resources.

now, country A exports milk to country B, which means that it's cheaper to produce milk in the country A. Therefore, the answer "The opportunity cost of producing milk is lower for Country A" is correct.


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Hill’s science diet markets high quality dog and cat food. on its website is a link to its community connect web page where pet owners can sign up for its pet chat e-newsletter, subscribe to its youtube channel, and click on a link that goes to hill’s facebook page where they can find out the latest news about or comment on hill’s products. this is a description of a website with a strong __________ design element.

Usability

The most important people involved in the design of a great website are your clients, the end users. We make sure that our sites are easy to navigate, have minimal load time, and provide visitors with a plethora of useful resources and information. We keep usability in mind in every aspect of our work from brainstorming to design and development to follow up and site maintenance. 

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How can people make sure their budgets remain balanced?

By watching what they spend and keeping track of it. They can also just buy things they need and not what they want.

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List at least three tools or services that are available when you open a savings account.

Well, all of the services available are:
1:Online Statements
2: ATMs
3: Online Savings Plans
4: The options to transfer money to other accounts
5: Direct Deposit
6: Automatic Transfer
Hope that helps :)

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Every night at 9 p.m., the phone rings with calls from companies you have never heard of asking you buy their products. You have asked them to stop calling you, but they refuse. Which agency can help you with this problem? A) Federal Communications Commission b) federal trade commission c) food and drug administration d) national highway traffic safety administration e) transportation security agency

I believe the answer is: A. Federal Communications Commission

The federal communications commissions has the right to  regulate interstate communications through television, wire, radio, satellite, and cable. They can give a punishment for companies who conducting an harassment or violation of privacies like mentioned in the case above.

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Etta wants to make a monthly budget. What should she do first? Calculate her net income Decide how much she wants to spend Open a savings account Pay her bills

When developing a monthly budget, the first thing to do is calculate your net income. Etta needs to calculate her net income, so she can budget everything based off of the money she brings in. After she sets up her net income, she can pay her standard monthly bills, then decide how much she wants to spend on different areas of her life and then, open a savings. It is important to know how much money you have to work with before budgeting because if you don't, the budget may not be realistic.

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What is an example of a federal government regulation that influences disease prevention by deterring tobacco use? Flavors being added to tobacco products Laws against selling tobacco products to minors No smoking areas in restaurants and hotels Stores that decline to sell any tobacco products

Answer: Laws against selling tobacco products to minors

Explanation:

A federal government can control tobacco use by enforcing law that prevent the selling of tobacco to minors.

Other options are not valid as flavors being added will induce more use of tobacco. No smoking areas in restaurants and hotels is not a government regulation.

So, the only possible option of a government regulation can be binding law against tobacco selling.

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Match the type of market structure with each example. A.Pure competition B.Near monopoly C.Monopolistic competition D.Oligopoly Computer operating systems Fast food restaurants Online auctioning Car makers

The correct matches are as follows:

A.Pure competition
Fast food restaurants

B.Near monopoly
Computer operating systems

C.Monopolistic competition
Online auctioning

D.Oligopoly
Car makers

Hope this answers the question. Have a nice day.

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In 2013, there are four open flute positions in major orchestras. A total of 525 professional flutists audition. In the same year, there are four open positions for bassoon players in major orchestras, and 123 professional bassoonists audition for these chairs. How will this difference affect salaries? Salaries will depend on performance time. The bassoonists earn a higher salary than the flutists. Bassoonists and flutists will make an equal salary. The flutists earn a higher salary than the bassoonists.

The best and most correct answer among the choices provided by your question is the second choice.

The differences of their salaries is that the bassoonists earn a higher salary than the flutists.

I hope my answer has come to your help. Thank you for posting your question here in Brainly. We hope to answer more of your questions and inquiries soon. Have a nice day ahead!

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For every decision you make, there is a trade-off. true or false

I believe the correct answer is true. For every decision you make, there is a trade-off. A decision is always accompanied by two choices. One of these choices is the better. Every choice has its own advantage and disadvantage so that a trade off will always be present. Hope this answers the question.

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