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Economics

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Iva Braun

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When do horses have to be fed

Horses are grazing animals and ultimately should be able to eat/graze all day- because we have domesticated them, they are normally fed twice a day morning and night. Although, some will feed three times a day which is better than being fed twice a day. Horses are grazing animals and ultimately should be able to eat/graze all day- because we have domesticated them, they are normally fed twice a day morning and night. Although, some will feed three times a day which is better than being fed twice a day.

What are the characteristic features of underdeveloped countries

There are many distinct characteristics of an underdeveloped country. Low income, unemployment or underemployment, and low skill levels are all characteristics of an underdeveloped country.

What circumstances would allow Country A to have an absolute advantage over Country B in the production of computers

Companies in Country A can produce computers at a lower cost.

Why have many developing countries failed to benefit from the spread of free trade around the world

Developed countries continue to maintain high tariffs on the agricultural goods that developing countries export in large numbers.

What does the World Bank hope will result from the loans it makes to developing countries

An improved climate for foreign investment

Globalization creates greater what

Interconnections among the people and economies of the world

Why do some countries fear increasing economic interdependence

Interdependence involves a loss of control over the national economy.

Why does the IMF require countries to accept economic policy recommendations along with the loans it gives

The IMF wants to fix the economies of countries that need its help.

Digital cameras are an example of what type of market structure

oligopoly

What is included in a personal budget

A personal budget includes all of your expenses as well as your income. When you create a budget it will help you control your finances.

What has been the main drawback of globalization for the United states

Competition with lower wages and jobs leaving the country are some of the major drawbacks of globalization.

When married but separated can married filing jointly be the filing status

IF you are NOT LEGALLY separated in the state that you are a a resident of on the last day of the year.

Your filing status would be married filing joint or on a separate 1040 federal income tax return MARRIED FILING SEPARATE.

What is the term for something bought or sold

Something bought or sold is a commodity. A commodity can be a service or goods (a product). There may be other terms in business that I'm not aware of, but commodity is the first that comes to my mind.

Why the government might enact a price ceiling in order to accomplish what

The government might enact a price ceiling in order to protect the poor.

What results from the fact that free market system is based on the free choices of consumers and producers

The free-market system has a circular flow of influence.

What companies offer private loans for students

Student loans can be provided by government companies aimed at student finance but also through your chosen bank usually if you have a positive credit score.

Why is it difficult for private industry to provide public goods

Private industries mainly work for profit purpose. If they provide public goods then it has to be priced at lower rates which will diminish their profit margins. Thus, it is difficult for private players to provide public goods.

Why pay attention to translation in math expressions

Because if you do not pay attention you will not know what they are!

what is an amortization table used for

A table that details the process of amortization. Amortization is the process of paying off a debt over a period of time in installments. As debts involve interest on top of principal, this can be confusing, and thus an amortization table is used.

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