One of the main questions of economics involves deciding upon the method for

Answers

Answer 1
Answer:

Answer: Producing or creating goods and services.

Explanation:  

Production is known to be the process through which raw materials and resources are transformed or changed into finished goods (products) and services. Furthermore, it is also the method of making goods and services so as to meet or satisfy consumers demand. Thus, good production of goods and services attract the purchasing power of customers and make them to keep on buying.

Answer 2
Answer: Here are 3 main economics questions

- What Goods or Service should be produced
- what method do we use to produce that goods or service
-  For whom do we produce that goods or service

Since you provide no options, it probably related to one of those three

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Which economic indicator measures inactivity rather than activity ?A. Corporate Profits

B. Unemployment Rate

Answers

b, unemployment rate.

Answer: B. Unemployment Rate

Explanation: I took the Test

Most House business is conducted within the Committee of the Whole because this arrangementa. doesn't require a quorum.
b. ensures cloture.
c. guarantees a quorum.
d. prevents filibusters.

Answers

the best answer is d.

LaGrange Corp. has forecasted that over the next four years the average annual after-tax income will be $45,731. The average book value of the manufacturing equipment that is used is $167,095. What is the accounting rate of return

Answers

Answer:

Accounting rate of return is = 27.37%

Explanation:

Accounting rate of return = (Average annual after-tax income ) / Average Book value of Equipment )

Accounting Rate of return = ($45731 / $167095) = 27.37%

Final answer:

The Accounting Rate of Return (ARR) of LaGrange Corp, calculated using the average after-tax income and the average book value of the manufacturing equipment, would be approximately 27.35%.

Explanation:

The Accounting Rate of Return (ARR) is a financial metric used mainly for decision-making purposes. It is calculated by dividing the average annual after-tax profit by the average investment in an asset, project, or business. In this case, the question requires us to find the ARR using an average after-tax income of $45,731 and an average book value for the manufacturing equipment of $167,095.

The formula for ARR is: ARR = (Average annual after-tax income / Average investment) x 100

Thus, for LaGrange Corp. the calculation would be:  

ARR = ($45,731 / $167,095) x 100

Therefore, the Accounting Rate of Return for LaGrange Corp. based on the given information would be approximately 27.35%.

Learn more about Accounting Rate of Return here:

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We say that the economy as a whole is in macroeconomic equilibrium if A. aggregate expenditure equals GDP.
B. aggregate expenditure equals total production.
C. total spending equals total production.
D. total spending equals GDP.
E. all of the above.

Answers

Answer:

The answer is: E.  all of the above

Explanation:

An economy is in macroeconomic equilibrium when the total spending in the economy (aggregate expenditures) equals the gross domestic product.

For example, if aggregate expenditure is lower than the GDP, then inventories will rise (due to unsold goods), leading to a decrease in the GDP and higher unemployment.

On the other hand, when aggregate expenditures are higher than the GDP, then inventories will shrink, leading to an increase in the GDP and lower unemployment.

Which of the following terms means that people want more things than they can easily acquire?(A) economics
(B) supply
(C) demand
(D) scarcity

Answers

b is the answer. you cant acquire many supplies.

Read the scenario. The citizens of Country D have noticed that the average prices of most goods within their nation have begun to rise. At the same time, employers are not raising wages at the same rate. The combination of these challenges has resulted in a decrease in overall demand, causing a decline in GDP. According to the scenario, what is the greatest economic challenge that Country D is facing?

Answers

Answer:

Inflation and all are affected

Explanation:

Got it right

Final answer:

Country D is facing the economic challenge of inflation, where rising prices are not matched by wage increases, leading to a decrease in purchasing power and a potential decline in real GDP.

Explanation:

Country D is facing a significant economic challenge known as inflation. This phenomenon is characterized by the average prices of goods rising without a commensurate increase in wages, which decreases purchasing power and overall demand. This can result in a decline in Gross Domestic Product (GDP), which measures the value of output of goods and services. When only nominal GDP increases due to higher price levels, without a real increase in output, the economy isn't actually growing, and it doesn't reflect an increase in the economic well-being of its citizens.

Furthermore, the imbalance between wage growth and price increases may lead to a deceleration in economic activity, potentially indicating the onset of a recession, which is a significant decline in GDP. This economic contraction can be exacerbated by government deficits and related policy responses, such as spending cuts and tax increases that have a contractionary effect on aggregate demand.