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3 years ago

1. In the economic system workers and businesses are both and .

Business

2 answers:

Annette [7]3 years ago

6 0

3. Risk aversion. Being risk averse means you prefer to stay away from risky investments like stocks or gambling.

mel-nik [20]3 years ago

4 0

hard work and good job well done

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Juanita worked hard all year so that she could go to nursing school the following year. She put her savings into a mutual fun

Shkiper50 [21]

Answer:

Real Interest Rate = -2.7%

Explanation:

The formula to calculate the Real Interest rate is:

$r=(\frac{1+i}{1+p})-1$

Here,

r = Real Interest Rate

i = Nominal Interest Rate = 3% = 0.03

p = Rate of Inflation

We have the value of Nominal Interest Rate. Before using the formula we need to calculate the Rate of Inflation. We have the values of CPI at the beginning and end of the year. From these we can calculate the Inflation Rate. The formula to calculate the inflation rate is:

$p=\frac{CPI_{new}-CPI_{old}}{CPI_{old}} \times 100\%$

Using the values in this formula, we get:

$p=\frac{180-170}{170} \times 100\%\\\\ p=5.88\%$

Now we have all the values that we need to use. The values in the formula will be used in decimals, not in percentages. Substituting the values, we get:

$r=(\frac{1+0.03}{1+0.588} )-1\\\\ r=-0.027\\\\ r=-2.7\%$

Thus, the Real Interest Rate that Juanita earned is -2.7%. This shows that rate of Inflation is more than the Nominal Interest and the value of her savings actually decreased compared to the beginning of the year.

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3 years ago

What happen during periods of hyperinfation?

Mashutka [201]

The value of money decreases rapidly

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3 years ago

Christina buys groceries every month from Target and rarely does much research on the products she buys. What is the marketing t

Neporo4naja [7]

People do have preference. Routine response behavior is the marketing term for this type of consumer behavior.

<h3>What is consumer behavior?</h3>

Consumer behavior is known to be the study of how people, customers, groups, etc., often select, buy, or use goods, and services to answer to their needs and wants.

Routine Response is also known as Programmed Behavior. Here one is buying low cost items and as such one do not need much search and decision effort.

Learn more about consumer behavior from

brainly.com/question/1364759

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3 years ago

At NikeID, you can design your own athletic shoes by selecting the material, choosing the color and even adding other personal t

kondaur [170]

Answer: flexible manufacturing

Explanation: Flexible manufacturing is the type of manufacturing system employed at NikelD, wherein customers through customization can design their own athletic shoes. As such, there is usually equipment and computerized systems configured to manufacture a variety of parts and handling changing levels of production. Doing this serves to improve efficiency while lowering the company's production costs significantly and is a characteristic feature of make-to-order strategies requiring a high degree of customization by customers. This system of manufacturing also creates a method of production designed to adapt to changes in the type and quantity of the product being manufactured very easily.

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3 years ago

For a manufacturer, measures of volume may include:

kobusy [5.1K]

Answer:

(D) Both number of units produced and amount of direct materials used in production are correct.

Explanation:

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3 years ago

Read 2 more answers

1. In the economic system workers and businesses are both __ and __.

1. In the economic system workers and businesses are both and .