Why did Adam Smith advise nations to allow their economies to remain as free as possible from government interference?A.
He thought that governments would become dictatorships if they became involved in economics.
B.
He thought that taxes would become too high if the government became involved in economics.
C.
He thought that the market forces of supply and demand could run economies more efficiently than governments could.
D.
He did not understand modern economics.

Answers

Answer 1
Answer:

it would be B. He thought that taxes would become too high if the government became involved in economics.


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Describe two types of insurance that you have or are likely to haveat some point in your life. What risks are these insurance plans
protecting you against? Why do you think these types of insurance
are important? (4-8 sentences)

Answers

Answer:

Health Insurance - The risks this insurance protects you against are risks to your wellbeing, if you are out of your country and happen to end up in an accident or fall ill, health insurance will cover the costs of the treatment, depending on what your policy is.

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What do you think happens when the supply of gold increases dramatically during good economic times

Answers

Answer:

An increased supply of gold during good economic times causes a reduction in the value of the gold thus the price of gold reduces.

Explanation:

Good economic times are times when the economy is growing and expanding. This means that the supply of money is very high thus most people can afford lines of credit. This increases the quantity of disposable income available to most people. The people in such type of an economy feel wealthier and thus are ready to spend on goods and services that are considered luxuries. At the same when there is excessive spending, most people buy gold due to the fear of inflation since it has been traditionally believed that holding currency in form of gold is a safe measure against inflation. This usually causes the price of gold to rise.

However, in our case, the supply of gold has increased dramatically. Gold, just like any other commodity is affected by the forces and supply. When the supply of gold exceeds the demand, there will be an excess that won't be bought by consumers. To ensure that there is a balance, the price of gold will reduce.

What's the importance of customer satisfaction

Answers

If customers are statisfied, they will return and tell others if they are impressed by your services...^^
^ that and theyll come back and more peoole will know about the buisness and more $$$$ DOLLA SIGNS

What type of conflict management style does Doug have?

Answers

Answer:

competing

Explanation:

because his cooperativeness is low and his assertiveness is high.

What are closing costs?​

Answers

Answer:

fees paid at the end of a real estate transaction.

John owns 500 shares of stock in Catawba Box, Inc. The company has recently announced the results for the quarter. The company earned a significant profit. Based on the form of ownership, the profit the company earns

Answers

Answer:

Based on the form of ownership John will receive dividend from the company. Also the company and John have to pay taxes separately because according to companies ordinance company is a separate legal entity. So company will pay tax on its profit and the owner (John) will pay tax on the dividend he will receive.

Bsed on the form of ownership, the profit the company earns may be subject to double taxation.  Double taxation is when a person or company is subject to having double income taxes charge on the same earned income.  When this happens, taxes happen at both the corporate level and personal level.