Answer:
D. Task force.
Explanation:
Task force are basically created for a specific reason. They come from various department making it a cross-functional team, and they do not report the same manager.
Purchasing power parity is basically the value of money in terms of what can be bought irrespective of market or region.
In the current scenario, Starbucks are expected to cost the same whether in Paris or Seattle. What matters here is the exchange rates.
If Starbucks costs $5 in Seattle and 4 Euros in Paris, the exchange rate is,
Exchange rate = Cost in Seattle/ Cost in Paris = $5/4 Euros = $1.25 per Euro or 4 Euros/$5 = 0.8 Euros per dollar. This means that Euro has more value than the dollar.
The correct answer is c.
Answer:
Social Benefit / Positive Externality
Explanation:
Each economic transaction has benefits & costs to society.
Eg: Vaccinations purchase by patients- benefits patients by preventing them from a disease for which they pays monetary cost to the doctor, which is latter's income benefit.
However, these both are patient's & doctor's private benefit & costs.
Externalities imply extra harm or benefit to other un-indulged parties, without any monetary exchange for that harm or benefit. Socially Beneficial are positive externalities, Socially harming are negative externalities.
Eg - In this case, vaccination is the positive externality : It has extra benefit for other people who are less probable to transmitting illness, without having paid for that prevention in any way.
But, Individual consumers (here patients) & producers (here doctors) decisions are based on their private benefit & cost. So, consumers' (here patients') willingness to pay will depend only on their private benefit of disease prevention & ignore the extra social benefit from the positive externality vaccination - as society less illness probability.
Answer:
shift demand and supply for loanable funds to the right (up), increasing interest rates.
Explanation:
According to the Fisher hypothesis when there is an increase in the expected inflation there is an equal increase in nominal interest rates.
As interest rates rise demand and supply for loanable funds will rise. This is illustrated in the attached diagram. Interest rate moves from i0 to i1.
Inflation is a reduction in the purchasing power of money. When inflation increases money regulation agencies reduce supply of money as a way to reduce price increase. This in turn reduces the amount of loanable funds commercial banks have to give out
Answer:
The answer is (A) battery acid cannot be neutralized.
Explanation:
Battery acid <em>can</em> be neutralized. Since battery acid is lower in pH, a person must increase battery acid’s pH so that it would be neutralized. Usually, to do this, people utilizes baking soda since it has a higher pH. Neutral pH is a pH of 7, so one must carefully add the baking soda to the battery acid until when tested, the pH value has arrived at a neutral range.
