Answer:
a. 9 prices
b. 9 prices
c. 225 prices
d. 225
e. 2. The fact that the government issues currency means that the currency will be accepted as money by all agents.
f. The characteristic of money that is directly negatively impacted in that economy by the rapid, ongoing increases in the cost of living is the:
3. Store of value.
Explanation:
Before the advent of money or currency, the system of exchanging goods and services between two people was the barter system. This system relies on the exchange of goods and services that are required by one person if she can find another person who has the goods or services and is willing to accept or actually needs the goods or services that the first person has. It was a complicated marketplace that involves locating the other party in the barter transaction.
Answer:
A. The production possibilities frontier would shift outward. As a result of the increase in the number of illegal immigrants entering the country, there would be more labour available. As a result, production would increase shifting the PPC outward.
B. The production possibilities frontier would shift inward. A war would lead to the diversion of resources to the war. Also, production facilities might be destroyed as a result of the war. This would lead to an inward shift of the PPC
C. The production possibilities frontier would shift outward. The discovery would increase the resources that can be used in production. This would lead to an outward shift of the PPC
D. The production possibilities frontier would not change. This is because production was below the PPC as a result of unemployment. The decrease in unemployment will increase production back to a level on the PPC
E. production would take place at a point inside the production possibility frontier. This law would lead to an under-utilization of resources. This would lead to production taking place at a point inside the PPC
Explanation:
The Production possibilities frontiers is a curve that shows the various combination of two goods a company can produce when all its resources are fully utilised
Answer:
What to include in an executive summary
your mission statement.company information and management team.growth highlights.products/services.financial information.The market and your customer.market opportunity.marketing and sales.
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