Answer:
Opportunity cost is what is given up to obtain something, or the cost of doing something instead of another thing.
The opportunity cost of leisure would be best explained as the monetary value of time spent not working, or in other words, the income that is not received when you are not working.
For example, if a person works 8 hours a day, five days a week, making $20/hour, he will earn, by the end of the week, a total of $800 dollars. However, if he decides to cut back his hours in order to go to swimming classes in the afternoon, and now works 6 hours a day, five days a week, he will now make $600 dollars, so the opportunity cost of leisure for him is $200 dollars.
Scholars use the term gender to refer to the psychologist, social, and cultural differences between women and men.
Answer:
A person involvement in activities that provide interaction with other societies is called social participation. It is important because it helps to build strong relation between members of the society or community.
Answer:
Answer is A. Raise the reserve requirement.
Explanation:
Central bank is an independent financial institution charged with different responsibilities conducting monetary policy to providing financial services , which are focused on maintaining country's economic stability and stabilize country's currency.
Some additional responsibilities are regulating commercial banks activities, production and distribution of money, and control money supply among others.
