Answer:.The study of international business has more relevance to the individual than its accruing benefits to the company
Explanation: It must concisely be understood that, no worker is being paid just for working, but for the marginal productive he or she is adding to the company. Marginal productivity is therefore not a function of physical hard work but mental contribution to production processes which culminates in optimum productivity. It therefore stands to reason that, your knowledge and skills acquired through this study might be a catalyst to improve and boost your performance in the small firms or local industry you might be privileged to be engaged. Your knowledge of international dealings might also be a catalyst to branding the small firm with a competitive edge over its contemporaries.
Answer:
38,000
explanation:
take 30,00+1,800(interest paid)=$38,000 (yearly payment)
Answer:
Both equilibrium wage and equilibrium quantity of labor employed are expected to increase.
Explanation:
Increase in average education level means there are more skilled workers. High-skilled labors often take the production of high-level products/services internationally or create new products/services. The value of output will increase, technical know-how and capital will accumulate.
That creates more work for lowe-skilled labor and incrase their productivity (imagine having better machine to clean the office of a new business of a group of young founders)
Increased productivity and more work to be done will increase both wage and employment.
Answer:
The correct answer is a) The economy moves from a boom to a recession
Explanation:
The fiscal policy used by the federal reserve is the use of government spending and tax policies to contract or expand the economy.
If the Federal Reserve of the United States increases the interest rates it carries a contract policy of the economy. It is used to reduce the inflation and the economy moves from a boom to a recession
