The answer is "<span>Bounded Rationality".
Bounded rationality refers to the possibility that in basic leadership, rationality of people is constrained by the data they have, the subjective constraints of their minds, and the limited measure of time they need to settle on a choice.
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Answer:
the person in london answers their phone at 7 pm
Explanation:
london, UK is 1 hour behind south africa
Many developing countries from Middle East to South America have attempted to master the process of development but have failed.
And one of the major reasons behind this is "Domestic Monopoly Power." Most of these countries are trapped in their local markets and do not open their markets internationally.
Domestic group interests have small incentives to open up their markets to international firms with advanced technologies.
However, if they even try to open their borders, they still remain trapped in low or middle levels of income.That's why poor countries remain poor over the period of time.
The correct answer is that Reserve banks are <u>regional banks</u> that help the <u>central bank</u> to carry out its duties.
<u>Summary: </u>Due to the United States economy represents a very large geographical area, <em><u>the Federal Reserve</u></em> operates in <em><u>twelve regions or districts throughout the nation.</u></em> Those districts are located in Atlanta, Boston, Chicago, Cleveland, Dallas, Kansas City, Minneapolis, New York, Philadelphia, Richmond, San Francisco, and St. Louis. Every district has three main responsibilities:
1. Supervise the implementation of the<em><u> Federal Reserve's</u></em> monetary policy.
2. Provide financial services and lend money to regional banks within its district.
3. Collect and analyze data to be used by the<em><u> Federal Reserve Board (FRB) or the Federal Open Market Committee (FOMC).</u></em>
Answer:
C
Explanation:
The Mediterranean has very few natural currents, because of the narrow inlet that exists between the Mediterranean and the Atlantic Ocean.
