Answer: Extensive
Explanation: Extensive problem solving refers to the process in which an individual tries to get all information of a subject matter from different sources and different perspectives. This is usually used by the consumers when they have to make a choice between two investments and both the investments amounts huge.
Thus, in the given case Rafael should make an extensive problem solving as both the alternatives could affect his life highly.
Answer:
$500 billion
Explanation:
Data provided in the question:
Real money balances = $2.0 trillion = $2,000,000,000,000
Monetary expansion rate = 25%
now,
The annual rate of seigniorage
= Real money balances × Monetary expansion rate
= $2,000,000,000,000 × 0.25
or in billions
=
= $500 billion
Answer:
$80
Explanation:
Maximum wage is the maximum amount of money that a firm can pay its worker based on what the worker can produce and generate as revenue to the firm.
Given that the worker can produce 20 units of output which can be sold for $4 per unit, The maximum wage that the firm can pay the worker = output × price per unit output.
Maximum wage the firm can pay the worker = 20 units × $4 per unit = $80
Answer:
The correct answer is c. Upward sloping yield curve
.
Explanation:
Taking into account that it is determined that both the risk-free rate and the inflation rate will have no variation, it is possible to affirm that the yield can present two movements: an upward sloping curve; or a completely flat curve.
Answer:
creamer
Explanation:
Complement Goods:
Are goods that do not compite to each other. At the contrary, if a higher quantity is demanded of one good, a higer demand will ocur n the other as well. And if the demand from one of them decrease, the demand of the complement also decrease.
Give n two products X and Y A consumer will be more like to purchase Y as units X are accumulated.
From the list the only good that fits in this definition is the creamer