Answer:
The answer is: PEST Analysis
Explanation:
PEST (Political, Economic, Social, and Technological) Analysis are carried out to determine:
- Political changes such as trade agreements between countries or new trade barriers (current US-China trade dispute)
- Economic factors such as interest rates, exchange rates, inflation rate, and consumer confidence
- Social factors such as population shifts, changing attitudes and lifestyles
- Technological factors such as scientific advances, new materials, R & D, new technologies (internet)
Answer:
b) A central bank is expected to achieve a 3% annual inflation rate
Explanation:
Inflation targeting is a type of monetary policy where the central bank of a country sets an inflation rate as its goal or target.
Answer:
The circular flow model shows the interaction between two groups of economic decision-makers―households and businesses―and two types of economic markets―the market for resources and the market for goods and services.
Answer:
52.85 / 50.14 / yes
Explanation:
the key to answer this question is to understand the logic of present values / future values:
where FV is future value, PV is the present value, i is the periodic interest rate and n is the number of periods. So applying to this particular problem we have:
a. if we deposit today 50, we are been asked to calculate the future value, so:
b.if we want to have 53 in one year, we are been asked to calculate a present value:
c. is clear that is better to borrow to the friend because in one year he will pay more than bank
