Answer:
D: 1 only
Explanation:
Improvement in technology is an efficiency factor for economic growth. It began with the first industrial revolution in the 19th century and is now being led by fourth industrial revolution or a revolution propelled by advances in computer technologies, internet, robotics and artificial intelligence.
Answer:
c. the substitution effect of the price change will cause Harry to buy more tacos and fewer subs.
Explanation:
Since the price of tacos decreased, subs became relatively more expensive. The substitution effect occurs when a consumer (Harry in this case) changes his consumption habits because the price of the goods changes. In this case, tacos become cheaper, and therefore, Harry will obtain more utils per dollar.
Answer:
Option D. All of the above
Explanation:
The reason is that on a fixed income investment, there are periodic income payments with agreed fixed interest rate. So the borrower also promise to make the full repayment of the principal in most of the cases and there are sometimes (not always) option to convert the amount lent into shares. The principal payment always fixed because the investor receives it either in the form of greater rate of returns or all of it in the form of principal repayment. This is agreed with the lender, So all the options are correct here. Option D is the right answer.
Answer:
Th answer is: I would reward the managers of restaurants 1 and 2
Explanation:
In my opinion Marcia should reward the two managers from restaurants 1 and 2 based upon the percentage of sales increase. She could give an X$ bonus to the manager of restaurant 1 as a prize for increasing sales by two percent. Then she could also give the manager of restaurant 2 the same X$ bonus but also give him (or her) a 3% raise.
I wouldn´t take any type of actions regarding the manager of restaurant 3. I would be let him know that I was rewarding the other managers because they performed better than him. I believe that rewards are usually more beneficial than punishments. I also believe people are selfish and greedy, so when manager 3 realizes he lost the opportunity of earning a bonus and a raise due to his poor performance, he will be motivated to work better next year.
Both adjustable-rate mortgages and financial derivatives were financial innovations that occurred because of interest rate volatility.
Interest is the amount paid by the borrower or deposit-taking financial institution to the lender or depositor in excess of the repayment of the principal at a specified rate. It is different from a fee that a borrower can pay to a lender or a third party.
Interest is the price you pay to borrow money or the cost you charge to borrow money. Interest is usually given as an annual percentage of the loan amount. This percentage is called the interest rate on the loan. For example, if you deposit money in a savings account, your bank will pay you interest.
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