What do we call an economy that is both partly command and partly market?
a. it is still a command economy if the government controls any part of it.
b. it is still called a market economy if it has any free markets.
c. it is most properly called a mixed economy.
d. there is no such thing, because all economies are completely one or the other.

Your take on decision making process

The following pertains to smoke, inc.’s investment in debt securities: on december 31, year 3, smoke reclassified a security acquired during the year for $70,000. it had a $50,000 fair value when it was reclassified from trading to available-for-sale. an available-for-sale security costing $75,000, written down to $30,000 in year 2 because of an other-than-temporary impairment of fair value, had a $60,000 fair value on december 31, year 3. what is the net effect of the above items on smoke’s net income for the year ended december 31, year 3?

The face of a company is often that of the lowest paid employees who meet the customers. select one: true false