Answer:
C. They are most likely to lead anti-globalization demonstrations.
Explanation:
A. Are global citizens. Favours international brands.
B. This refers to Antiglobals. Doesn't like international brands because of their skepticism towards their quality.
C. Refers to Global Agnostics. Prefers national and local brands.
D. Are global dreamers. Favours international brands.
Answer:
a. Command system
b. Market system
c. Laissez-faire system
Explanation:
a. Command System, This is an economic system where the means of production and distribution of goods and services are owned and control by the government, in this system, the economic activities are controlled by a central planning committee.
b. Market system: A market system is an economic system where the market forces, that is the forces of demand and supply allocate resources.
c. Laissez-faire system : Under the Laissez-faire system is an economic system in where there is minimum government intervention in the economy. sometimes the words Laissez-faire system and capitalism are used interchangeably. The major difference between capitalism and laissez faire depends on the extent of government interference in the economy.
He will borrow 80% of the cost of the car.
80/100*11350= <span>$ 9080</span>
Considering that nominal interest rate is 8% and the inflation rate is 3%, then, real interest rate will equals 3%.
Given Information
Nominal interest rate = 8%
Inflation rate = 3 percent
Real interest rate = Nominal interest rate - Inflation rate
Real interest rate = 8% - 3%
Real interest rate = 5%.
Hence, considering that nominal interest rate is 8% and the inflation rate is 3%, then, real interest rate will equals 3%.
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