Distinguish between Economic and Non-economic activities on the
basis of
(i) Purpose
(ii) Outcome

Answers

Answer 1

The difference between economic and non-economic activities can be drawn clearly on the following grounds:

An activity related to production and consumption of goods and services for economic gain is known as economic activities. An activity performed gladly, with the aim of providing services without any regard to monetary gain is known as the non-economic activity.Economic activities are performed for economic motive, i.e. earning profit. On the other hand, non-economic activities are performed due to social or psychological reasons, i.e. out of love, affection etc.The measurement of economic activities is in monetary terms, whereas non-economic activities lack money measurement.Economic activities have a pragmatic approach, in essence, it deals with things in a practical way. As against this, non-economic activities have an idealistic approach wherein more importance is given to human values instead of money.Economic activities result in creation and accumulation of wealth as they are done to earn profit. Unlike non-economic activities which result in mental satisfaction and happiness.Economic activities are very important for the economy as they add value to the country’s gross domestic product (GDP). As opposed to non-economic activities, which have no influence over country’s national income.

Related Questions

Customers are more likely to tell their friends about negative experiences with companies than positive ones because:

Answers

There is more drama involved in unmet expectations.

The reason why customers are more likely to tell their friends about negative experiences with companies than positive ones is that humans often remember the hateful things said than the nice things

Also, when customers are satisfied with one's service, they rarely tell others. whereas an unsatisfied customer would tell others about his or her bad experience due to unmet expectations.

Logically, customers would have bigger impressions in their mind when they have bad experiences reason companies work on strengthening and improving their customer experience team.

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Recently, Raj switched jobs from a large firm to a medium-sized firm. As one of four project managers at the new firm, Raj recognizes that employees have much more respect for his expertise than he perceived at the larger firm where there were a minimum of 25 project managers. According to Maslow, which need in his hierarchy is important to Raj

Answers

According to Maslow's hierachy of needs, the most important hierarchy for Raj is esteem, which symbolizes the individual's desire to be valued by himself and others in society and the workplace.

Maslow developed the pyramid of the hierarchy of human needs, with the aim of explaining how individuals are moved to take actions to meet their needs according to a pre-established order.

The pyramid of needs is divided into five parts, and comprises the most basic needs, which are biological, to the most complex, which are psychological needs. Are the:

Physiological needs.Safety needs.Love and belonging.Esteem.Self-actualization.

Therefore, Raj finds himself in the esteem stage, where he is looking for respect, status and recognition. When his esteem needs are met, he will move into the self-actualization hierarchy, where he will demonstrate greater creativity, talent, and personal development.

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Kari finds a piece of land that she wants to buy but needs some time to be able to come up with the funds to purchase it. She pays the landowner, Jerry, $10,000 for an option to purchase the property for $200,000 anytime in the next two years. Six months later, Kari purchases the property. Which of the following is not true?

a. Kari does not have a recognized gain or loss
b. Kari recognizes a $10,000 loss
c. Kari's basis in the property is $210,000
d. Jerry's amount realized is $210,000

Answers

Answer:

the answer is either a or b

Explanation:

because if there is a loss then it b if there isn't that means it a

Suppose a mutual fund has 10 million shares outstanding, assets with a total value of $30 million,of which $500,000 is cash, and fund liabilities of $500,000. What is the current NAV per share

Answers

Answer:2.95

Explanation:

Based on the given assets, cash fund, and liabilities, the Mutual fund's NAV per share is $2.95.

What is the Mutual Fund's NAV per share?

This can be found by the formula:

= (Assets + Cash - Liabilities)/Number of Shares

Solving gives:

= (30,000,000 - 500,000) / 10,000,000

= 29,500,000 / 10,000,000

= $2.95 per share

In conclusion, the NAV per share is $2.95 per share.

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Which application’s primary business benefits include sales forecasts, sales strategies, and marketing campaigns?.

Answers

There are different reasons people set up business. ERP system application’s primary business benefits include sales forecasts, sales strategies, and marketing campaigns.

ERP system is known to have the primary benefits such as Forecasting, planning, purchasing, material management, warehousing, inventory, and distribution.

ERP is simply known as Enterprise Resource Planning. It is simply a type of software or system used by a business organizations to plan and manage daily activities.

They daily activities includes supply chain, manufacturing, services, financials and other processes.  ERPs links all aspect of an firm.

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have anyone seen the new resident evil welcome to raccoon city trailer if anyone answer this will get brianlist

Answers

Answer:

Explanation:

yup !! its so cool fr

Corporations distribute profits to owners through: Group of answer choices bonds. interest. taxes. dividends.

Answers

Dividends if they are talking about co owners (people who own stock and shares)

Which sentence describes an incident report? A. Ginger writes a report requesting her manager to purchase new desk chairs. B. Gillian writes a report evaluating the performance of a conveyor belt at a plant. C. Stefania writes a report evaluating fingerprints that will be used in a legal case. Rafi writes a report on the quality of a new cell phone before it goes on the market. D. E. Ajay writes a report documenting a customer's angry outburst in a restaurant.​

Answers

Answer:

e

Explanation:

it most likely make sense its e because c is forensics and an incident report is usually when an incident/scene happens and everything seems like positive situation besides e

How much annual income would you need to have if, using the 28/36 ratio, your maximum allowable recurring debt is $380? a. $16,290 b. $22,800 c. $57,000 d. $75,000.

Answers

Answer:

C

Explanation:

If your maximum permissible recurrent debt was $57,000, and you used the 28/36 ratio.  thus option (C) is correct

What is debt?

Debt can be defined simply as the amount owed by the borrower to the lender. A debt is a quantity of money borrowed for a set period of time and must be repaid together with interest. The amount as well as the approval of the debt are determined by the borrower's

creditworthiness. Debt is an obligation that forces one party, the debtor, to pay another party, the creditor, money, or other agreed-upon value. Debt is a delayed payment, or series of payments, as opposed to an immediate purchase. A sovereign state or country, a local government, a firm, or an individual may owe the obligation. Commercial debt is typically subject to contractual provisions governing the amount and timing of principal and interest repayments.

Therefore, thus option (C) is correct

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cash receipts and cash payments for transactions relating to revenue and expense activities are classified on the statement of cash flows as

Answers

The cash receipts and cash payments for transactions relating to revenue and expense activities are classified on the statement of cash flows as operating activities.

Operating activities has to the with transaction that are involved in the day to day running of a business.

Operating activities involve revenue and expense and it help to analyze a company revenue and expense.

Operating activities is vital during decision making as it enables the company to plan based on the amount of cash receipts from customers and cash payment for direct costs.  

Inconclusion  the cash receipts and cash payments are classified on the statement of cash flows as operating activities.

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why is it necessary to keep account or financial records while doing vegetable farming

Answers

Answer:

record keeping is a necessary element of good livestock business management.. if farmers have farm record they can tell how well they are managing their farm in comparison to other farmers. they can also see the strength and weakness in their farm operation...

héctor manages a plastics factory that manufactures pet chew toys. senior management has decided to change the company’s bonus structure, and héctor understands this will motivate some employees while aggravating others. how should héctor go about announcing the changing bonus structure?

Answers

Calling a face-to-face meeting with the employees is the best way that Hector can announce about change of the bonus structure.

Face-to-face meeting is a type of meeting where the participant of discussion are all present physically therein.

The major advantage of the Face-to-face meeting is that its allows effective communication and feedback from or among the participants

Therefore, the correct answer is Option B because it is the best way by which Hector can announce about change of bonus structure.

The missing options includes "Héctor should send each employee a personal note, Héctor should call a face-to-face meeting with the employees, Héctor should send a companywide e-mail, Héctor should post an announcement in the break room, near the coffee machine."

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Click this link to view O*NET’s Skills section for Secondary School Special Education Teachers. Note that common skills are listed toward the top, and less common skills are listed toward the bottom. According to O*NET, what are common skills needed by Secondary School Special Education Teachers? Check all that apply. instructing installation learning strategies repairing active listening technology design

Answers

Answer:

instructing

learning strategies

active listening

Explanation:

Answer:

Explanation:

instructing

learning strategies

active listening

If you move a shipment from point A to point B, the subsequent movement from point B back to point A is most commonly referred to as the ____________

Answers

When an individual moves a shipment from one point to another point and then moved it back to the previous point, it's known as reciprocal movement.

Reciprocal movement simply means a movement that's repetitive in a rotational or linear manner.

If one moves a shipment from point A to point B, the subsequent movement from point B back is reciprocal movement. Reciprocal movement can also occur when two businesses promote each other so that they'll gain a mutual benefit.

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which tech company is named after a very large number

Answers

And the Answer is:

G o o g l e

Trudy’s monthly expenses are outlined in the chart below. Trudy’s job pays her $36,000 annually. Determine Trudy’s DTI (debt-to-income) ratio. Trudy's Debt and Income Income: $36,000 (annually) Rent: $695 (monthly) Car Payment $265 (monthly) Student Loan $200 (monthly) Credit Cards $160 (monthly) a. 28% b. 35% c. 37% d. 44%.

Answers

Trudy's  Debt-to-income ratio is 44%.

Debt-to-income ratio is an example of a debt ratio. It measures the ability of income to cover debt.

Debt-to-income ratio = debt / income

Total Debt = monthly debt x 12

Monthly debt = rent + car payment + student loan + credit cards

$695 + $265 + $200 + $160 = $1320

Total Debt = $1320 x 12 = $15,840

Debt-to-income ratio = $1320 / $36,000 = 0.44 = 44%

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what do growth in standard of living, low unemployment, low inflation, and a sustainable balance of trade all share in common?

Answers

The thing that growth in standard of living, low unemployment, low inflation and sustainable balance of trade have in common is the main universal goals of macroeconomic policy.

Macroeconomic policy are those adopted economic policies which aims to ensures a stable economic environment that is conducive to bring strong and sustainable economic growth

So, the thing that growth in standard of living, low unemployment, low inflation and sustainable balance of trade have in common is the main universal goals of macroeconomic policy

Therefore, the Option A is correct.

Missing options includes "A.main universal goals of macroeconomic policy B. lack of diversity in undeveloped countries in the World C. microeconomic policy goals of developed countries D. microeconomic policy goals of undeveloped countries"

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why was slavery more successful than other labor systems in meeting the labor needs of the colonial america market economy

Answers

Answer:

Cheap & effective

Explanation:

this source of labor was easily abusable and by having people you don't need to pay and spend barely anything on feeding them it makes it easier to build the USA. I don't agree with the USA being founded on this but other countries were doing this so the USA did it also.

Event Credit Payment Interest Principal Balance
$500.00 $0.00 $0.00 $500.00
Payment 1 $100.00 $7.40 $92.60 $407.40
Payment 2 $100.00 $6.23 $93.77 $313.63
Payment 3 $100.00 $4.79 $95.21 $218.42
Payment 4 $100.00 $3.02 $96.98 $121.44
Payment 5 $100.00 $1.86 $98.14 $23.30
Payment 6 $23.64 $0.34 $23.30 $0.00
Grand Total $500 $523.64 $23.64 $500.00 $0.00
Study this payment schedule and answer the following questions.

Part A
How long will it take to pay off this credit card?

Part B
How much will the interest be?

Answers

Answer: 6 months

Explanation:

plato

Answer:

It will take six months to pay off the credit card and the interest will be $23.64

Explanation:

of 4

On January 1, 2021, Gundy Enterprises purchases an office building for $195,000,

paying $45,000 down and borrowing the remaining $150,000, signing a 8%, 10-

year mortgage. Installment payments of $1,819.91 are due at the end of each month,

with the first payment due on January 31, 2021.

pok

2. Complete the first three rows of an amortization schedule. (Do not round intermediate

calculations. Round your final answers to 2 decimal places.)

int

ences

Decrease in

Date

Cash Paid

Interest

Expense

Carrying Value Carrying Value

1/1/2021

$ 150,000.00

1/31/2021

1,819.91

nnnnnnn

4040

< Prev

G2

5 6

7

of 7

Next >

Answers

Answer:

%You can answer that read your books or module you can find the answer

Explanation:

thank u bbb

Which elements exist in the completed assignment?
Check all that apply.
O a Birthdate field
all grade 12 students with a check mark in the
Active field
a Grade field between the Student Number and Last
Name fields
O an E-mail field
a Clip Art image attached to a customer field

Answers

Answer:

a Birthdate field

a Grade field between the Student Number and Last Name fields

Explanation:

edg 2022

Over the last fifty years both real GDP and prices have trended upward in most countries. Continuing real GDP growth and inflation can be explained by

Answers

The continued technological progress and continuing increases in the money supply are a major factor for the continuous rise in real GDP growth and inflation.

Every country have improved massively especially in production of goods and services because of technological progress

Also, an increase in money supply are achieved because of various effective economic policies implemented by the economic team of many countries.

Hence, the Option C is correct because the continued technological progress and continuing increases in the money supply are a major factor for the continuous rise in real GDP growth and inflation.

The missing options includes "a. continuing technological progress alone. b. continuing increases in the money supply alone. c. continued technological progress and continuing increases in the money supply. d. None of the above can explain continuing real GDP growth and inflation."

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Bagel, Inc. issued 50,000 shares of the 100,000 authorized. It has since repurchased 5,000 of its shares. The number of shares outstanding equals ______ shares.

Answers

Based on the information given the number of shares outstanding equals 45,000 shares.

Using this formula

Shares outstanding=Issued shares-Shares repurchased

Where:

Issued shares=50,000 shares

Shares repurchased=5,000 shares

Let plug in the formula

Shares outstanding=50,000-5,000

Shares outstanding=45,000 shares

Inconclusion the number of shares outstanding equals 45,000 shares.

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a web retailer has received several negative social media reviews over the past few weeks due to missed shipments of product. which reason for why control is needed does this best demonstrate?

Answers

This situation shows that control is needed to discover irregularities and errors.

We can arrive at this answer because:

A well-established control that evaluates the functioning of a business is essential for the success of an enterprise.That's because the control allows all defective elements of any sector of the company, which may be presenting errors and irregularities, to be quickly detected.This allows these defects to be resolved and eliminated quickly, ensuring a smooth running of the project and high quality of service.

In this case, we can say that a good control system could have identified the problems with the shipments and solved the problem before the customers were dissatisfied.

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k purchased a life insurance policy in 1986 which paid 10% interest in the early years of the policy. 20 years after the purchased, she received a notice from the insurer stating that the policy will soon terminate unless a much higher premium is paid because because of falling interest rates. this type of policy is known as a life policy

Answers

The above type of policy is known as a universal life insurance life policy.

What is universal life insurance?

Universal life insurance is a form of permanent insurance, which indicate that coverage can last throughout lifetime so long as premiums are paid. It is the cost of insurance that refers to the amount of money charged by the insurer to cover you.

The Universal Life Policy can be considered as a kind of permanent life insurance. Also, an individual is covered along with his/her life.

The universal life insurance policyholder can see the following:

The expense charges. The interest earned.Cost of insurance.

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bank of america’s provides information such as its interest expense, or the interest the bank paid depositors, and its interest income, or the interest it earned by investing deposits over a period of time. this document also states the bank’s other revenues and expenses for the time period.

Answers

The information such as interest expense, the interest that the bank paid depositors, interest income, etc illustrates the income statement

Income statement simply means a financial statement that shows the income and the expenditure of a company.

An income statement is also vital as it shows a business how profitable it was for a particular period. The information provided by the bank such as its interest expense, or the interest the bank paid depositors shows the income statement.

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Need help ASAP, I’m going somewhere!

Reuben Garza just graduated from high school and had begun a five year apprenticeship as a machinist. His starting wage ... https://brainly.com/question/25586250

Answers

Answer:

https://brainly.co a separate Word or PowerPoint document containing the time line. If your tim

Explanation:

and had begun a five year apprenticeship as a machinist. His starting wage ... https://brainly.com/question/25586250

NYSE MARKET DIARY
Yesterday Prev. Day
Advanced 577 827
Declined 1963 1757
Unchanged 455 388
Total Issues 2995 2972
New Highs 10 13
New Lows 91 78
Based on the information presented for both days, a technical analyst would conclude that the market:
A. is in a consolidation phase
B. breadth indicates a strong bullish trend
C. breadth indicates a strong bearish trend
D. is peaking and will soon enter a downturn

Answers

The answer to this is going to be b

Consumers who read, hear, or see the message sent by a source during the marketing communication process are referred to as receivers. encoders. decoders. the target market. sources.

Answers

In a marketing communication process, the class of consumers who read, hear and see the message sent by a source are known as the receivers.

In marketing, the communication process consists of nine elements including the sender, receiver, encoding, decoding, message, media, response, feedback and the noise

The element of marketing that read, hear, or see the message sent by a source during the marketing communication are the receiver because they decode and digest the message.

In conclusion, the consumers are called the receivers in a marketing communication process.

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The different types of information systems that have been developed to support certain aspects and types of decisions are collectively called _____ systems.

Answers

Answer:

Management Support System

Explanation:

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