Answer:
Human needs are the impulse that individuals have to access certain goods or things. Scarcity, in turn, is the lack of goods or things to meet the needs of all humans in general.
Therefore, all human needs could be covered without major problems if the phenomenon of scarcity did not exist, that is, if there were more goods available than those demanded by society.
Answer:
The right answer is "Infant industry".
Explanation:
- An economic phrase that is used to characterize the organization through its early phases of developmental stage, is determined as the Infant industry argument.
- This means that a freshly created industry seems to be a newborn industrial sector, requires authorities to either support and/or safeguard certain businesses through regulations.
Answer:
The main challenge associated with payments across international borders is the challenge of currency rates. Because currencies vary across countries, sometimes a payment can be either hugely benefitial or hugely detrimental for a company, depending on how expensive or cheap its domestic currency is compared to the foreign currency.
Another challenge is related to international legislation, banking systems, red tape, and so on. Banking laws in some countries are more favorable to firms than in others, for example, by charging less financial expenses or comissions.
Explanations:
The formula for future value given
deposit amount, A = 2000
deposit interest, i = 8% annually = 8/4 = 2%, compounded quarterly
compounding period = quarterly
number of periods, n = 15 years = 4*15 = 60 periods (quarters)
The future value is given by:
FV = A*((1+i)^n-1)/i
= 2000*(1.02^60/0.02)
= $228103.08 (rounded to the nearest cent).
The difference in the answer choice is probably due to the teacher's calculator does not have sufficient accuracy.
your current salary is $61,950.00. if you received a 5% raise last year then your salary last year before raise was 58,853.
Five percent of 61,950 is 3097 and after subtracting 3097 with the current salary we get 58, 853. Hence 58,853 was the salary before the raise.
The formula to calculate the pay raise in the salary is:
new salary = old salary + old salary * raise %
If you know the raise percentage and want to determine the new salary amount:
Convert the percentage into decimal form.
Multiply the old salary by this value.
Add this new value to the old salary.
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