Answer:
The effect of increasing the money supply on inflation
Explanation:
Economics can be classified into two (2) categories, namely;
1. Macroeconomics can be defined as the study of behaviors, performance and factors that affect the entire economy. Hence, it focuses on aggregate phenomena such as price level, economic growth, Gross Domestic Product (GDP), inflation, unemployment and national income levels with respect to the central bank, demand or supply shocks, government policies, aggregate spending and savings.
2. Microeconomics can be defined as the study of the effect of price and quantity levels through interactions between individual buyers and sellers in various markets.
Hence, it is focuses on analyzing or evaluating the decisions of consumers (buyers) and those of firms (sellers) such as methods of production, pricing; and the manner in which government policies affect those decisions.
In conclusion, microeconomics focuses on all of the aforementioned statements except the effect of increasing the money supply on inflation because it is a macroeconomic factor.
Globalization can create more opportunities for marketers but along with that comes more pressure because they must take into account T<u>hey will standardize them whenever possible.</u>
<h3>What is
Globalization?</h3>
The contact and integration of people, businesses, and governments around the globe is known as globalization (Commonwealth English; see spelling variations). Since the 18th century, globalization has accelerated due to advancements in communications and transportation technologies. The expansion of international trade and the sharing of ideas, beliefs, and cultures are both results of the increase in global relationships. The main function of globalization is an economic process of connection and integration that has social and cultural components. However, the history of globalization and contemporary globalization both include significant amounts of disagreements and international diplomacy.
Globalization affects the economy in terms of commodities, services, information, technology, and financial resources. The opening up of international marketplaces has a liberating effect on trade in products and money.
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Riders<span> are add-on options (Benefits) that can be added to a basic </span>Insurance<span> Policy</span>
Answer: Large Cash Prize is A. 0000001
Small Cash Prizes is B. 0.16
Free Samples is C. About 0.84
Explanation:
Large Cash Price
The probability of winning 1 large Cash price is 1 out of 10 million so that would be,
= 1/10,000,000
= 0.0000001 which is option A
Small Cash Prices
Probability of winning a Mall Cash price is 1,600,000 out of 10,000,000 which would be,
= 1,600,000/10,000,000
= 0.16 which is Option B
Free Samples
Winning free samples of the Company's products would be,
= 10,000,000 - 1,600,000 - 1
= 8,399,999
Now we divide by 10,000,000
= 8399999/10,000,000
= 0.83999
= 0.84 so option C
In a case whereby firm’s expenses equal or exceed its revenue, the actions that might be taken by management is To check their production process and check the cost of their input.
<h3>What are expenses?</h3>
This are the cost of inputs that the company put into production of their goods and services.
When expense is higher than revenue then the organization is running at loss, but when the revenue equal to the expenses, there is no Gain.
Therefore, the actions that might be taken by management is to check their production process .
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