The following are topics in macroeconomics:
- The optimal interest rate for the Federal Reserve to target
- The effect of a large government's budget deficit on the economy's price level
The following are topics in microeconomics:
How a quota on textile imports affects the textile industry
<h3>What is microeconomics and macroeconomics?
</h3>
Microeconomics studies individuals and business decisions, while macroeconomics studies the government decisions and its impact on the economy.
Macroeconomics is a top-down approach while microeconomics is a bottom-up approach to analysing the economy.
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Answer:
B) Comprehensive Resource Management
Explanation:
Comprehensive resource management requires that you follow standard procedures in order to:
- identify requirements
- perform inventories
- ordering, storing and acquiring missing materials
- mobilize resources including personnel, equipment and supplies
It is very important that you plan how to properly plan how to effective allocate your resources.
<span>1) failing to make a required interest payment on time. I chose this as the least significant because you can always make up a late payment and then its not really a huge deal. It could hurt your credit score but it is not a life or death situation.
2) defaulting on a principal payment on debt. This is a little worse because at this point you cant cant even pay the debt and now your falling a little worse into debt but you can still get out.
3) restructuring debt. This is worse because you already have obtained a lot of debt but you are getting the chance to restructure it to help pay it off you even though your in a bad spot you still have a chance to get out.
4) filing for bankruptcy. At this point you are bankrupt you really don't have a lot of options left and you are kind of at the point of no return unless you can get a hold of a lot of cash really fast.
5) liquidating a firm. At this point you have to sell all of your assets in order to pay of your debt. You will be left with nothing left you may even have to sell you house all your jewelry basically everything that you own that has some value that can be sold.</span>
Answer: Brian and Sondra have, done nothing illegal
Explanation:
Brian and Sondra company are totally in their right, they are not directly involved in the poor fortunes of their competitors.
A rise in sales at Brian and Sondra company led to drop in the sales of their competitors leading to closure of their competitors businesses.