Each pound of apple would be $5.50. you get that by dividing 33 by 6. so $5.50 by 10 pounds is $55
C you’re taking a class to show you want to have more skill
Answer:
It is used by Fed to manage the economy by increasing or decreasing the amount of loans being made
Explanation:
The Fed decides on required reserve ratio for the banks and other financial institutions; t can lower or raise it. Reserve ratio is the portion of all the money that bank are required to sets aside and hold onto; this means they are not allowed to lend that out to borrowers. This is a technique that is used to control the supply of money in the economy. By decreasing this ratio, banks will have more money to lend out and vice versa.
Answer: Production and consumption occur simultaneously
Explanation:
Services are intangible quantities that possess value and can be traded, services cannot be stored therefore it most times is produced and consumed at the same time.
