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3 years ago

Select the items below that describe why scarcity exists.

2 answers:

5 0

Scarcity exist because of the unlimited wants of people. There will be no scarcity of something if there is no demand and wants for that thing.

Yanka [14]3 years ago

5 0

The top two answers are correct.

People's wants are unlimited and resources are limited.

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In 2008, as a financial crisis began to unfold in the United States, the FDIC raised the limit on insured losses to bank depos

Dafna1 [17]

Answer:

The correct answer is option D.

Explanation:

In 2008, as a financial crisis began to unfold in the United States, the FDIC raised the limit on insured losses to bank depositors from $100,000 per account to $250,000 per account.

During the financial crisis, there was a sense of panic. The regulators were concerned that depositors would expect their banks to crash and would fear that they may lose their money. The regulators expect the depositors to pull money back from their banks. The money supply will get reduced further. This will further reduce the money with banks. This could lead to even healthy banks to fail.

Raising the insurance limit would reassure depositors that their money was safe in banks and prevent a bank panic. This will further help to stabilize the financial system.

4 0

3 years ago

Andrea just graduated from college and is about to enter the workforce. Andrea should have no problem getting a job since employ

Olegator [25]

Answer:

True

Explanation:

During recession, unemployment level rises , and falls when this level is over. Andre should expect to get a job if the economy has returned to a pre-recession level.

Recession refers to a period in the economic cycle, where productivity has fallen and the Gross Domestic Product(GDP) has recorded negative growth for more than two quarters.

4 0

3 years ago

Polaco Corporation makes a product that has the following direct labor standards: Standard direct labor-hours 0.4 hours per unit

SOVA2 [1]

The labor efficiency variance for May for Polaco Corporation is <u>$4,320 Favorable</u>.

<h3>What is the labor efficiency variance?</h3>

The labor efficiency variance shows the difference between the actual direct labor hours worked and budgeted direct labor hours,

The labor efficiency variance is computed as the Standard hours allowed for production (SH) – actual hours taken (AH) × standard rate.

<h3>Data and Calculations:</h3>

Standard direct labor-hours per unit = 0.4 hours

Standard direct labor rate = $24 per hour

Production in May = 8,500 units

Actual hours used = 3,220 hours

Standard hours allowed = 3,400 hours (8,500 x 0.4)

Labor efficiency variance = $4,320 (3,400 - 3,220 x $24)

Thus, the labor efficiency variance for May for Polaco Corporation is <u>$4,320 Favorable</u>.

Learn more about calculating labor efficiency variance at brainly.com/question/13136127

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2 years ago

Think of a time you encountered an ethical dilemma. What was the situation? How did you react? Do you behave ethically? How do y

otez555 [7]

Answer: Ok so i work in a place where realtionships at the job are forbbiden, well not forbbiden strictly but you get it right. so, this boy and this girl were dating and once the boss found he did not let them work together he actually seperated them and the girl had to work with me and the boy had to work with other coulleges.

Explanation: i hope you understand

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4 years ago

If japanese autos surge in popularity in the united states, then this event is most likely to cause the japanese yen to?

romanna [79]

If japanese autos surge in popularity in the united states, then this event is most likely to cause the japanese yen to appreciate and the U.S dollar to depreciate.

<h3>What are the automotive industries in the Japan?</h3>

The automotive industry in Japan is considered as one of the most prominent and largest industries in the world. It is a major pillar of the country's economy.

Some of the major Japanese automotive manufacturers include Toyota, Nissan, Mazda, Subaru, Mitsubishi, Honda, Suzuki, Isuzu, Daihatsu, and Mitsuoka.

Basically, the automotive sector in Japan is the third-largest automotive producing industry in the world.

Learn more about automotive industries in Japan here:

brainly.com/question/23137181

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5 0

2 years ago