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ankoles [38]
2 years ago
9

Economics Unit 5 Study Guide

Business
1 answer:
Alika [10]2 years ago
4 0

The Government agency and the organizations are the groups that are facilitated for the working by the government, privately or with government support.

<h3>What is Government agency?</h3>

The Government agency and the organizations are the groups that are operated either privately or by the government for the operation of the task.

The Government agency is defined as a public organization with the task to complete the work for the government.

The Government Contractor is a private business that works for the completion of the government work.

The Government Corporation is given as the establishment for the independent operation of the goods and services supported by the government.

Learn more about Government agency, here:

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According to the concept of comparative advantage, a good should be produced in that nation where?
snow_lady [41]

According to the concept of comparative advantage, a good should be produced in that nation where its <u>domestic </u><u>opportunity cost</u><u> is the least.</u>

This is further explained below.

<h3>What does the opportunity cost?</h3>

Generally, Opportunity cost, in microeconomics, refers to the value or advantage foregone by doing one action over another.

To put it another way: if you do one thing, you can't do anything other.

In conclusion, Opportunity cost, in microeconomics, refers to the value or advantage foregone by doing one action over another.

To put it another way: if you do one thing, you can't do anything other.

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complete question

According to the concept of comparative advantage, a good should be produced in that nation where:

A) its domestic opportunity cost is greatest.

B) money is used as a medium of exchange.

C) its domestic opportunity cost is least.

D) the terms of trade are maximized.

7 0
1 year ago
When she finishes entering her transactions, adrienne realizes that her balance is incorrect. assuming that adriennes beginning
vagabundo [1.1K]
I think it's "Adrienne did not enter her ATM withdrawal correctly". That's my best guess
5 0
3 years ago
Read 2 more answers
According to the Fisher Effect, the expected rate of inflation does not influence the:________.
Alekssandra [29.7K]

Answer:

ex ante real interest rate.

Explanation:

According to Fisher effect the expected inflation rate will affect indices like nominal interest rate, current prices of goods, and the demand for money.

However it does not affect the ex ante real interest rate.

The Fisher effect shows how real interest rate is related to nominal interest rate.

Real interest rate = Nominal interest rate - Expected inflation rate

Ex ante real interest rate is the anticipated real interest rate in the future.

This is not considered in the Fisher effect

6 0
2 years ago
A group of sellers who agree to restrict their collective output in order to drive up prices above marginal costs is a:
Salsk061 [2.6K]

A group of sellers who agree to restrict their collective output in order to drive up prices above marginal costs is known as a:

  • <u>Cartel</u>

According to the given question, we are asked to show the term which can be best used to <em>describe </em>a group of sellers who make an agreement to <em>reduce their collective output</em> so that price of goods would increase above their marginal costs.

As a result of this, we can see that this group of people in the business world are known as cartel because they behave unethically so that they could have increased profit on sales.

Read more here:

brainly.com/question/15294015

3 0
2 years ago
$60 one year ago. The stock is now worth $70. During the year, the stock paid a dividend of $2.25. What is the total return to G
Nitella [24]

$60 one year ago. The stock is now worth $70. During the year, the stock paid a dividend of $2.25. The total return to George from owning the stock would be 20% (after rounding off the answer to the nearest whole percent).

  • Total return on share is the summation of dividend and price appreciation.
  • Since, the dividend = $2.25
  • Then, to ascertain price appreciation we need to subtract the dividend from the total return on the share.
  • Price appreciation = $70 - $60 = $10
  • Total return can be calculated hence.
  • Total return = $10 + $2.25 = $12.25
  • Therefore, the total return for George was $12.25.
  • To round off the answer to the nearest whole percentage:
  • Total return percent = $12.25/$60 = 20% approximately

Therefore, the total return to George from owning the stock would be 20%.

Learn more about total returns here:

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2 years ago
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