If the economy is at potential output and the fed increases the money supply, in the long run real gdp will likely decrease.
<h3><u>
What is supply?</u></h3>
- A basic economic notion called supply refers to the total amount of a particular commodity or service that is made available to consumers.
- When shown as a graph, supply can refer to the quantity that is offered at a particular price or the quantity that is offered over a range of prices.
- This is strongly related to the demand for an item or service at a particular price; all other things being equal, the supply offered by producers will increase if the price rises because all businesses aim to maximize profits.
Trends in supply and demand are what underpin the modern economy. Based on price, utility, and personal choice, any particular commodity or service will have its own unique supply and demand patterns.
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Answer:
2. A supply chain is broader than marketing channel
Explanation:
A supply chain involves the process from getting raw materials, to producing the finished goods, to delivering the goods to the final customer.
A marketing channel deals specifically with the distribution of finished goods and services to specific times of customer, through particular means.
As can be seen from the definitions, a supply chain is broader than a makerting channel, because it involves other actions besides the distribution to the final customer (more specifically the previous ones: getting the raw materials, and transforming those raw materials into finished goods).
Your credit score is used as indicator of your creditworthiness. This means how likely you are to pay off debts and other financial obligations. A person with a high credit score should have a high credit worthiness, or likelihood to be responsible with credit.
A person who pays bills on time has demonstrated that she takes her financial obligations seriously, and this trait positively affects her credit score. The answer is A.
B and C would most likely be associated with a person with a low credit score, since they demonstrate lower creditworthiness.
Answer
i and ii
Explanation:
they provide goods (i)
because they are small it can be personalised
She should take out a loan with a loan of 5 years period. In the cost and benefit term, it would better to take out the shorter loan period because automobile price tends to decrease in the following year after it has been bought. However, Carmen will not be able to fulfill the 4-year loan payment for each month, because the average auto loan interest rate for a person with 620 credit score is 9.48%. Carmen able to pay 7.72% ((48 x 150)-(8,500-3,000))/(8,500-3,000) interest on 4-year loan and 12.72% ((60 x $150)-($8,500-$3,000))/($8,500-$3,000) on 5-year loan<span>. It would be a safe decision to choose the 5-year loan because Carmen still able to pay the loan interest. </span>
