Answers
C) Raise rates of interest. The Federal Reserve recently increased the range of the target federal funds rate to 4.25 percent–4.50%.
The Federal Reserve's monetary policies can be used by the government when it wants to control the direction of the economy. The interest rate and the required reserve ratio are examples of tools included in these policies.
The Fed would raise interest rates if it anticipated that aggregate demand would rise significantly more than aggregate supply in the coming year. The expansion in the financing cost would diminish speculation and, in this manner, the total interest will diminish.
Is it true that they are raising loan costs 2022?The rate reaches its highest level since December 2007 thanks to the 50 basis point increase. Additionally, it is the seventh rate increase in a row for 2022.
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Full Question = From an initial long-run macroeconomic equilibrium, if the Federal Reserve anticipated that next year aggregate demand would grow significantly faster than long-run aggregate supply, then the Federal Reserve would most likely:
a. increase income tax rates.
b. decrease income tax rates.
c. increase interest rates.
d. decrease interest rates.
Related Questions
state three essential characteristics of a good leaders
Answers
Answer:
The Characteristics & Qualities of a Good Leader
Integrity.
Ability to delegate.
Communication.
Self-awareness.
Gratitude.
Learning agility.
Influence.
Empathy.
Answer:
ghhh función de agosto The Rock Creek and have been for a long time now for the rest in the morning and I will be there and I and my son is in a la medicina y cirugía de las partes involucradas te mando la celula BBDD de las tareas que BBDD PAC gxg de las partes involucradas la
Case Study Questions
In your opinion, what role did the Independence Day declaration have on the motivation of the people working at ISRO? Would the prior admission of the ISRO chairman in 2008 of a Mars mission have had any effect?
Evaluate the SMARTness of the objectives for the Mars Orbiter Mission. Analyse the decision taken by the chairman of ISRO to use the PSLV instead of the GSLV, in the context of being attainable vs. being challenging.
Discuss the role of the preparatory studies conducted for the Mars mission. What role did the success of the prior mission Chandrayaan-I have on the execution and planning for this mission?
What peripheral political advantage could India have envisaged for Mangalyaan? Would the mission have been conceived had the prior ISRO chairman been at the helm? Why or why not?
Answers
The Mangalyaan mission was subject to quite a bit of criticism, among them being the previous ISRO chairman, Dr Nair, who was of the opinion that ISRO should have focused on GSLV which would allow India to put up a stronger mission to Mars, due to the higher payload capacity of the GSLV.
Further, this could have augmented future space efforts by India. Near the culmination of the project however, all critics were full of praise for the scientific community of India. E.V. Chitnis, a scientist on the team that launched India's first rocket, asserted that critics had not accounted for the strides made by the country's space program and the ensuing economic benefits by demonstrating interplanetary capability.
ISRO's commercial arm, Antrix, has been putting satellites into orbit profitably, and a demonstration of the capability for interplanetary programs can only augment this.
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The wage gap refers to?
Answers
Answer:
The "wage gap" refers to the difference between men's earnings and women's earnings. ... Women are more likely to work part time jobs for non-economic reasons than men are.
Explanation:
The "wage gap" refers to the difference between men's earnings and women's earnings. Women are more likely to work part time jobs for non-economic reasons than men are.
Why the wages are not perfectly flexible?The wages are not perfectly flexible because workers are not paid their individual marginal revenue product (MRP) but at standard wage rate and wages do not change very frequently but only at certain time periods. Downward wage infexibility is the measured as the resistance against average wage cuts in the event of adverse economic shocks.
In a recessionary gap, the implications of downward wage inflexibility are that there will be no rightward shifts of SRAS, allowing for persistent higher unemployment than would occur at Natural Real GDP.
A recessionary gap is the amount by which aggregate expenditures falls short of the level needed to generate equilibrium real GDP at full employment without inflation. An outcome of a recessionary gap is increased unemployment.
Therefore, The "wage gap" refers to the difference between men's earnings and women's earnings. Women are more likely to work part time jobs for non-economic reasons than men are.
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1. (15 points) A sales budget is given below for one of the products manufactured by the Key
Co.:
January
February
March
April
May
June
21,000 units
36,000 units
61,000 units
41,000 units
31,000 nits
25,000 units
The inventory of finished goods at the end of each month should equal 20% of the next month's
sales. However, on December 31 the finished goods inventory totaled only 4,000 units. Each unit
of product requires three specialized electrical switches. Since the production of these specialized
switches by Key's suppliers is sometimes irregular, the company has a policy of maintaining an
ending inventory at the end of each month equal to 30% of the next month's production needs.
This requirement had been met on January 1 of the current year.
Required:
a. Prepare a budget showing the required production each month for January, February, March,
and April
b. Prepare a budget showing the quantity of switches to be purchased each month for January,
February, and March.
Answers
Answer:
bkfsjbsF zc,bvjkhw 4ageyfubhjva kejdsl
Explanation:
11. A manufacturing company that produces a single product has provided the following data concerning its most recent month of operations:
selling price $140
units in beginning inventory 0
units produced 1,200
units sold 800
units in ending inventory 400
Direct materials $25
Direct labor $41
Variable manufacturing overhead $6
Variable selling and administration $6
Fixed manufacturing overhead 24,000
fixed selling administration $12,000
What is the net operating income for the month under variable costing?
A. $21,600
B. $(15,200)
C. $8,000
D. $13,600
Answers
Answer:
I THINK ITS B
Explanation:
What are clothing is considering the introduction of a new baseball cap for sales by local vendors the company has collected the following price and cost characteristics sales price 19 per unit variable cost 3 per unit fixed cost 54,000 per month assuming that the company plans to sell 8000 per units. What is the impact on operating profit if the sales price decreases by 5% or increases by 10%?
Answers
Answer:
The impact on operating profit if the sales price decreases by 5% or increases by 10% can be calculated using the following formula:
Operating profit = (Sales Price - Variable Cost) * Quantity - Fixed Cost
First, we need to calculate the current operating profit using the given information:
Sales Price = $19
Variable Cost = $3
Fixed Cost = $54,000
Quantity = 8,000
Operating profit = ($19 - $3) * 8,000 - $54,000 = $104,000
Now, we can use this information to calculate the impact on operating profit if the sales price decreases by 5%:
Decrease in Sales Price = $19 * 0.05 = $0.95
New Sales Price = $19 - $0.95 = $18.05
New Operating profit = ($18.05 - $3) * 8,000 - $54,000 = $100,200
Decrease in operating profit = $104,000 - $100,200 = $3,800
And if the sales price increases by 10% :
Increase in Sales Price = $19 * 0.1 = $1.9
New Sales Price = $19 + $1.9 = $20.9
New Operating profit = ($20.9 - $3) * 8,000 - $54,000 = $111,200
Increase in operating profit = $111,200 - $104,000 = $7,200
In conclusion, if the sales price decreases by 5%, the operating profit will decrease by $3,800 and if the sales price increases by 10%, the operating profit will increase by $7,200.
Your restaurant revenue is $710,000, expenses total $890,000, and your total invest is $3 million what is your return investment?
Answers
Answer:
Return on investment = -6%
Explanation:
Given:
Gross revenue of restaurant = $710,000
Total expenses of restaurant = $890,000
Total investment = $3,000,000
Find:
Return on investment
Computation:
Net profit = $710,000 - $890,000
⇒ Net profit = -$180,000
Return on investment = [Net profit / Total investment]100
⇒ Return on investment = [-180,000 / 3,000,000]100
⇒ Return on investment = [-0.06]100
Return on investment = -6%
Task 2
The Federal Reserve has control over the nation’s monetary policy. Through adjusting the required reserve ratio, buying and selling government bonds on the open market, or adjusting the discount rate, the Fed can influence interest rates and the money supply in the country. When we talk about interest rates, it’s important to distinguish between long-term and Short-term interest rates. Short-term interest rates are directly affected when the Fed changes its federal funds and discount rates and are for loans made for short periods. long-term interest rates are set by market forces. Lower long-term interest rates encourage investment by businesses and consumers because the cost of paying back the money over a long period is low. Keep this distinction in mind while you complete the following activity.
Part A
Considering the current state of the economy and what you know about monetary policy, do you think the Federal Reserve should increase interest rates, decrease interest rates, or keep interest rates constant? Why?
Part B
Using an Internet search engine, find a website or an article that contains an editorial or opinion piece that shares your opinion and copy the URL in the space below. Keep in mind that it might take you some time to find a good article, so don’t automatically take the first one you find.
Part C
List three main points from the source you found that explain the author’s reasoning.
Part D
Based on what you have read, what bias might the author bring to his or her opinion?
Part E
Using an Internet search engine, find a website or an article that expresses the opposite to your opinion and copy the URL in the space below. Keep in mind that it might take you some time to find a good article, so don’t automatically take the first one you find.
Part F
List three main points from the source you found that explain the author’s reasoning.
Part G
Based on what you have read, what bias might the author bring to his or her opinion?
Answers
The Federal Reserve's monetary policy decision regarding interest rates depends on several factors including economic growth, inflation, and employment levels.
What factors could lead to Fed Monetary Policies?If the economy is growing rapidly, inflation is rising, and employment is strong, the Fed may increase interest rates to keep inflation in check and slow down the economy.
On the other hand, if the economy is weak, inflation is low, and unemployment is high, the Fed may decrease interest rates to encourage borrowing, spending, and investment, and boost economic growth.
As of 2021, the Federal Reserve has kept interest rates low to support the economic recovery from the COVID-19 pandemic. However, the future path of interest rates will depend on how the economy performs and evolves over time.
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Imagine it's the middle of January, and people are thinking about Valentine's Day. What will happen in the market for fresh flowers? Use supply and demand analysis in your explanation (Hint: What happens to demand and/or supply? What happens to the equilibrium price and equilibrium quantity?)
Answers
Answer:
the price would go up with the demand and the stock drop
A/an
is a device used to protect computers against surges and spikes in power.
Answers
Barriers to effective communication and how to overcome
Answers
Answer:
Clarify the Ideas before Communication: ...
Communicate According to the Need of Receiver: ...
Consult others before Communicating: ...
Be aware of Language, Tone and Content of Message: ...
Convey Things of Help and Value to Listeners: ...
Ensure Proper Feedback: ...
Communicate for Present as well as Future: ...
Follow up Communications:
Explanation:
if freeman violates the terms of its labor management agreement what can an individual union employee do
Answers
If Freeman should violate the terms of its labor management agreement, an individual union employee can file a grievance.
A grievance can be filed by this individual union employee. This would be a formal complaint made by this worker against the management or the person he works for. In this case, Freeman.
A grievance in the work place could be due to demotion, work disputes or the fact that dues are being denied.
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In addition to telling readers why an illustration is important, why else should you refer to it in the text of your document?
Answers
Answer:
To assist the readers to relate objects and actions with texts.
Explanation:
Aside from telling readers why an illustration is important, the other reason you should refer to it in the text of your document is "to assist the readers to relate objects and actions with texts."
This is evident in the fact that illustration in a text is a means of presenting a graphical representation of ideas, processes, or theories to aid or give elaborate meaning to what is written.
QUESTION TWO
a) A bakery bakes cakes under the brand name “super cakes.” Irene Juma, the manageress does not know the cost of each cake. She therefore gathers data on the total cost of each day’s production for the last 10 days. The results are shown in the table below:
Day Number of cakes (‘00’ units) Total cost (Sh. ‘000’)
1 22.5 23.0
2 21.0 21.6
3 27.5 23.3
4 21.5 24.0
5 30.0 28.2
6 20.0 22.4
7 24.0 23.1
8 26.5 25.3
9 18.3 20.1
10 17.0 16.5
Required:
i) Estimate the total cost function using the ordinary least squares method. State the fixed cost and unit cost. (11 marks)
ii) If each cake is sold at Sh. 10, determine the break even number of cakes. (3 marks)
b) Two different models are available for the same machine. The production statistics (number of units produced per hour) of these two models are given below. The data was collected on different days.
Model A: 180, 176, 184, 181, 190, 137,
Model B: 195, 194, 190, 192, 187, 185, 187,
Will you conclude that Model A and Model B have the same productivity (6Marks)
Answers
a) i) Using ordinary least squares, the estimated total cost function for the bakery's "super cakes" is Total Cost (Sh. '000') = 4.07 + 0.81 * Number of cakes ('00' units).
ii) The break-even number of cakes is approximately 21.42 cakes.
b) Model A has an average productivity of 171.33 units per hour, while Model B has an average productivity of 190.71 units per hour. We cannot conclude that they have the same productivity.
a) i) To estimate the total cost function using the ordinary least squares method, we can use the given data on the number of cakes and total cost for the last 10 days. Let's denote the number of cakes as X and the total cost as Y.
Using a linear regression model, we can find the equation of the line that best fits the data. The general form of the linear equation is Y = a + bX, where a represents the fixed cost and b represents the unit cost.
We can calculate the values of a and b using the ordinary least squares method. This involves minimizing the sum of the squared differences between the observed total cost and the predicted total cost based on the equation.
After performing the calculations, we obtain the following results:
a = 4.07 (fixed cost)
b = 0.81 (unit cost)
Therefore, the estimated total cost function for the bakery's production of "super cakes" is:
Total Cost (Sh. '000') = 4.07 + 0.81 * Number of cakes ('00' units)
ii) To determine the break-even number of cakes, we need to find the number of cakes at which the total cost equals the total revenue. Since each cake is sold at Sh. 10, the revenue function can be expressed as Revenue = 10 * Number of cakes ('00' units).
Setting the total cost function equal to the revenue function, we have:
4.07 + 0.81 * Number of cakes = 10 * Number of cakes
Simplifying the equation, we find:
0.19 * Number of cakes = 4.07
Dividing both sides by 0.19, we get:
Number of cakes = 21.42
Therefore, the break-even number of cakes for the bakery is approximately 21.42 cakes.
b) To conclude whether Model A and Model B have the same productivity, we can analyze the production statistics provided for both models. Based on the data, we can calculate the mean (average) number of units produced per hour for each model.
Model A: (180 + 176 + 184 + 181 + 190 + 137) / 6 = 171.33
Model B: (195 + 194 + 190 + 192 + 187 + 185 + 187) / 7 = 190.71
From the calculated means, we can see that Model A has a lower average productivity (171.33 units per hour) compared to Model B (190.71 units per hour). Therefore, based on the given data, we cannot conclude that Model A and Model B have the same productivity.
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The valuation of the cat food business is based on cash flows of $180,500 per year over a five year period. The target business has the same risk as the firm’s overall operations. The cost of equity is 15 percent and the cost of debt is 3 percent on an after-tax basis. The firm’s capital structure consists of 10 million in equity and 8 million in debt.
What is the most the pet-food manufacturer should pay for acquiring the cat food business per its required return (WACC)?
Answers
Answer: $690,044
Explanation:
First calculate WACC.
Total capital = 10 + 8 = $18 million
WACC = (Weight of debt * after-tax cost of debt) + (weight of equity * cost of equity)
= (8/18 * 3%) + (10/18 * 15%)
= 9.67%
Using the WACC, find the present value of the cashflows for the next 5 years. This will be an annuity.
= 180,500 * (1 - (1 + r) ^-n)/r
= 180,500 * ( 1 - ( 1 + 9.67%) ^ -5)/9.67%
= $690,044.67
= $690,044
They should pay no more than this present value.
Meetings are a good place to decide what business to discuss.
Please select the best answer from the choices provided
OT
OF
Answers
It is a true statement that meetings are a good place to decide what business to discuss.
Why are meetings good place to decide what business to discuss?When teams plan to discuss ideas, share information or offer solutions to workplace challenges, they might schedule meetings to review these items. This provides coworkers with a collaborative space to freely express opinions and update each other on current tasks.
When conducting a meeting, consider sending an agenda and informing employees of the meeting's topic beforehand to ensure it's productive and engaging. Hence, it is true that meetings are a good place to decide what business to discuss. because it means that you can discuss whatever you want with team since everyone has gathered.
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Gillie, Norma and Nancy are all partners in an architectural firm. They have no partnership agreement. Gillie contributed $120,000 to the firm and Norma and Nancy contributed $60,000 each. Norma works full-time in the partnership and Gillie and Nancy each work part-time. The partnership makes $120,000 in profits. How will the profits be divided among the partners
Answers
Answer:
Gillie: $40,000
Norma $40,000
Nancy: $40,000
Explanation:
Calculation for How will the profits be divided among the partners
Based on the information given the profit will be divided equally among the three of them.
Gillie profit=$120,000/3
Gillie profit=$40,000
Norma profit =$120,000/3
Norma profit =$40,000
Nancy profit=$120,000/3
Nancy profit=$40,000
Therefore How will the profits be divided among the partners is :Gillie: $40,000
Norma $40,000
Nancy: $40,000
Please help with (C).
Answers
Sample standard deviation for talk time: \(s1 = 7.939\)Sample standard deviation for Internet use: \(s2 = 4.277\). Both values are rounded to 2 decimals.
What is the population variances?a. The hypotheses about the two population variances can be formulated as:
\(Ha: \sigma1^2 > \sigma2^2\)
\(Ha: \sigma1^2 > \sigma2^2\)
Where 12 denotes the population variance for talk-time-based primary usage of the battery between charges and 22 denotes the population variance for Internet application-based primary use of the battery between charges.
b. The standard deviations of battery life for the two samples are:
Sample standard deviation for talk time:
\(s1 = 7.939\)
Sample standard deviation for Internet use:
\(s2 = 4.277\)
\(s2 = 4.277\)
\(s2 = 4.277\)
Therefore, Both values are rounded to 2 decimals.
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02. Which of the following is not a general management function during staffing? (a) Employee training and development (b) Employee performance appraisal (c) Development of employee according to expertise (d) Follow-up by the manager who delegated the responsibility
Answers
Development of employee according to competence is not a generic management function during staffing.
What are the four objectives of performance reviews?y identifying employees' skills and weaknesses, put the right people in the right jobs. to maintain and assess a person's capacity for growth. to provide employees with feedback on their work and pertinent status.
What do supervisors often concentrate on the given statement?Managing a team is one of a supervisor's most crucial responsibilities. Supervisors frequently organise and lead the team's efforts to finish a task. Supervisors are responsible for setting goals, communicating them, and assessing team performance in which we describe everything.
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What’s the best way to find the load capacity of a crane?
Answers
The load capacity of a crane can be found by checking the load chart, calculating the effective load, calculating the capacity at the working radius, and checking the stability of the crane.
The load capacity of a crane refers to the maximum weight that it can lift and transport safely without any damage to the crane. The maximum load capacity of a crane is determined by its design and other specifications. The best way to find the load capacity of a crane is by checking the manufacturer's load charts and calculating the effective load that the crane can lift in various positions and operating conditions. Below are the steps to find the load capacity of a crane.
Step 1: Check the load chartThe load chart provides information about the crane's capacity in various conditions and configurations. It shows the maximum weight that can be lifted at different radii and boom lengths. The load chart also indicates the crane's stability in different positions. The load chart should be specific to the crane's model, and it should be available from the manufacturer or the crane supplier.
Step 2: Calculate the effective loadThe effective load is the weight of the load plus any rigging gear, such as slings, shackles, and hooks. The effective load should be calculated for every lift to ensure that the crane is not overloaded. The effective load is calculated by adding the weight of the load to the weight of the rigging gear. The weight of the rigging gear should be included in the load chart or specified by the manufacturer.
Step 3: Calculate the capacity at the working radiusThe working radius is the distance from the center of rotation of the crane to the center of gravity of the load. The capacity of the crane is affected by the working radius. The closer the load is to the crane, the higher the capacity. The capacity at the working radius is calculated by multiplying the effective load by the load radius factor, which is provided in the load chart. The load radius factor takes into account the boom length, the angle of the boom, and the crane's capacity. It varies for different radii and boom lengths.
Step 4: Check the stability of the craneThe stability of the crane should be checked to ensure that it can lift the load safely without tipping over. The crane's stability depends on the configuration, the location of the load, and the position of the crane. The load chart provides information about the crane's stability in different positions and configurations. If the crane is unstable, the load should be repositioned or a more stable crane should be used.
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Store
D
5
4
E
2
1
1
2 3 4
5 6
7
8
9
10
11
12x
-1
Apartment Buildings
If the company constructs 9 apartment buildings, the number of stores will be 34
If the company is producing at point C, the opportunity cost of building 3 more stores will be
5.11 apartment buildings.
Reset
Next
Answers
The journal entry to record the receipt of a payment within the discount period on a sale of $900 with terms of 2/10, n/30 will include a
Answers
Answer and Explanation:
Given that
The Sale is made for $900
Terms 2/10, n/30 that means if the payment is made within 10 days than 2% discount is eligible and the total credit period allowed is 30 days
Now the journal entry to record the receipts of a payment within discount period is
Cash Dr $882
Sales discount $18
To Account receivable $900
(Being the cash received)
In the early 1980's, 7 people in the Chicago area were poisoned by Tylenol capsules laced with cyanide. Although the company's investigation showed that the tainted capsules had not been tampered with at the factories where they were produced, Johnson & Johnson took immediate action through a massive recall and offered a $100,000 reward for information leading to the arrest of the person or people responsible. Industry experts believe that this led to the brand's ability to recover from the negative publicity surrounding the "Tylenol Murders". Johnson & Johnson's actions illustrate:a) The power of the Food and Drug Administrationb) How managing negative publicity is impossiblec) The importance of sacrificing short-term profits for long-term credibilityd) The need to combat negative publicity with facts in order to maintain sales levelse) The importance of sustainability on public perception and the bottom line
Answers
Answer: c) The importance of sacrificing short-term profits for long-term credibility.
Explanation:
The Chicago Tylenol Murders of September–October 1982 shocked the United States and claimed the lives of 7 people and was due to a poisoned Tylenol capsules which is produced under a Johnson and Johnson subsidiary.
Johnson & Johnson have been hailed as heroes for their response to the issue because even though the facts showed that they were in the clear, they still not only sacrificed huge short term profits by recalling thousands of tablets but by also offering a massive reward for anyone who would come forward with information that would lead to the arrest of perpetrators.
This act of Corporate Altruism saved the company's brand because people were humbled by the lengths Johnson & Johnson went to.
This endeared the Johnson & Johnson brand in their hearts as a Credible company and proved infinitely beneficial in the long run.
This proves that sacrificing short term profits for long term credibility is quite beneficial.
Which debtors should have their credit lines reduced? A. debtors who pays within 30 days B. debtors who have a substantial amount due for more than 60 days C. customers who make cash payments D. a customer who has paid his balance within 60 days
Answers
The debtors should have their credit lines reduced is (D) a customer who has paid his balance within 60 days.
What do you mean by debtors?A person or business who owes money to another person or company is said to be a debtor. For instance, in the case of a car loan from your credit union, you would be the debtor and the credit union would be the creditor.
Who is called sundry debtors?A Sundry Debtor is a person who purchases goods or services from a company on credit or who defers payment and will eventually be responsible for paying the company. Businesses utilize a Sundry Debtor account or Accounts Receivable to keep track of these transactions. Customers that owe money to the business are known as debtors or "receivables." They borrowed money to buy the products, and they still owe money. Customers of a business that infrequently use credit and make small-ticket purchases are referred to as miscellaneous debtors or "sundry receivables."
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Which of the following actions is a good example
of protecting sensitive information? Check all of
the boxes that apply.
using a paper shredder to discard documents
that contain personal medical information
keeping patient files in a secure electronic file
system with limited access
maintaining a confidential patient consultation
area in a doctor's office
discussing private matters with patients in the
waiting room
Answers
Answer:
A,B,C
Explanation:
Answer:
“Using a paper shredder to discard documents that contain personal medical information”, “Keeping patient files in a secure electronic file system with limited access” and “Maintaining a confidential patient consultation area in a doctor’s office”
Explanation:
Which type of online marketing uses storytelling and information sharing to increase brand awareness?
A- Search Engine Optimization (SEO)
B- Pay-Per-Click (PPC)
C- Content Marketing
D- Mobile Marketing
E- Affiliate Marketing
Answers
A contract with an illegal object is not voidable
True
False
Answers
Answer:false
Explanation:
False
A voidable contract is legal. Its a void contract that is illegal- thus this statement is false
Hope this helped you- have a good day bro cya)
on january 1, renewable energy issues bonds that have a $36,000 par value, mature in four years, and pay 15% interest semiannually on june 30 and december 31.
Answers
$1,320 semi-annual interest payment. Is the required answer for the given question.
What are Bonds?Bonds are agreements between the investor and the investee that grant the investor's cash to the investee for a predetermined length of time. Periodically, interest is paid to the investor, and at maturity, the principle is refunded.
Bonds are an entity's obligations. If interest is paid semi-annually, the amount of interest paid to the investor is determined by multiplying the face value by the semi-annual interest rate (Annual interest rate / 2). A bond is issued at a discount if it is sold for less than its full face value. Over the course of the bond's maturity, the discount is amortised as additional interest expenditure. In comparison to bonds issued at par or at a premium, bonds issued at a discount have a greater borrowing cost.
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100 POINTS AND BRAINLYEST TO WHOEVER ANSWERS IT
Task 1: Economic Concepts
Perform online or offline research to learn more about basic economic concepts and write short reports on each of the following topics:
• three basic questions answered by the economy
• key differences between needs and wants
• importance of the factors of production
Task 2: State of the World Economy
Perform online research and write a short essay on the state of the world’s economy. Be sure to include the following points in your essay:
• comparison of the US economic system with other economic systems
• the ways in which Asian economies have changed the global trade scenario in the last ten years
Answers
Answer:
Explanation:
I put the screenshots for what I put for these answers, because it wouldn't let me upload the whole thing but if there's anything I can fix lmk
Also sorry for the late answer :(
Four key economic concepts—scarcity, supply, and demand, costs and benefits, and incentives—can help explain many decisions that humans make.
What is the meaning of Supply and demand?Supply and demand is indeed an economic theory that describes how prices are set in a market in microeconomics. In a market where prices are competitive, it is hypothesized that the unit price for a certain good will remain constant.
In economics, the relationship between the quantity of a good or service that producers want to sell at different prices and the quantity that consumers want to buy is known as supply and demand. It serves as the primary model for determining prices in economic theory.
The link between the price of a given thing or product and the desire of consumers to either buy or sell it is defined by the law of supply and demand. In general, as a good's price rises, more people are prepared to offer it than want it.
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what are the causes economic problems
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The top three main causes of economic problems are...
Scarcity of Resources Unlimited Human Wants Alternate Useshope this helped! may I have brainliest? it really helps :)