Answer:
Financial markets help to efficiently direct the flow of savings and investment in the economy in ways that facilitate the accumulation of capital and the production of goods and services.
It would help keep the person organized
c) a big recording company buys a small independent label
It is typical in capitalistic economies for larger companies to buy out their competition, absorbing smaller companies. This kind of economic change can result in large changes in management for the smaller companies because the company that now owns them may hire or fire people based on what they feel best meets the needs of the newly acquired company.
The hedonic treadmill is the tendency for people to return to a stable level of happiness after major positive or negative events in their life.
Answer: GDP talls by $800,000.; No. because the crime rate has not changed.
Explanation:
The gross domestic product (GDP) is the value in terms of money of every finished goods and services that are made within a country at a particular period of time. In the above question, since the community the community now spends $800,000 less on its police officers, expenditure will also reduce by $800,000. This means that the GDP falls by $800,000 because the gross domestic product include service expenses.
Welfare means the well-being of the individuals in the society. In this scenario, the expenses of the residents will be reduced but the crime rate remains the same. Therefore, the change in GDP does not accurately reflect the welfare.
