Answer:
Option (D) is correct.
Explanation:
Economics refers to the study of the economy as a whole. The economics is studied at two different levels: (a) Microeconomics, (b) Macroeconomics
Economics is used to utilize the scare resources in a better way. We know that there are unlimited wants and desires of the people but resources to satisfy these wants are limited. Therefore, we have to allocate resources in a manner so that we can get the maximum satisfaction from them.
Answer:
The Path-Goal model is a theory based on specifying a leader's style or behavior that best fits the employee and work environment in order to achieve a goal (House, Mitchell, 1974). The goal is to increase your employees' motivation, empowerment, and satisfaction so they become productive members of the organization.
Explanation:
I hope it help you
Answer:
Economic theory' five pillars are opportunities, trade-offs, the expense of opportunity, marginal valuation as well as the theory of value-creating exchange.
In simple words, opportunity cost refers to the cost of losing profits by choosing one alternative over the other. Thus, if Caroline choose to got to music concert, her opportunity cost would be the loss of privilege to be at shopping or dinner. Same applies to other two options.
Answer:
a) The opportunity of arbitrage is lending in Bank One, at 4.5%, and deposit the money in Bank Enn, at 5.0%.
b) Bank One
c) Bank Enn
d) The interest rates should become equal for both banks, for both loans and savings.
Explanation:
The opportunity of arbitrage is lending in Bank One, at 4.5%, and deposit the money in Bank Enn, at 5.0%. This would give a 0.5% return without investing any money of our own.
This would provoke a surge in demand for loans in Bank One and a surge in deposits in Bank Enn, for people executing the arbitrage opportunity.
The interest rates for loans and savings should tend to be equal between the two banks.