The answer is d. If he is addressing it publicly. ?
The economy is about "the production, distribution, and consumption of goods and services" also along with money.
The key components of the economy are:
- Production.
- Distribution
- Consumption.
These three elements drive the flow of money within an economy. Let's see:
- The goods are produced as per the needs and demands of the people where people work to earn wages, salaries, profit, etc.
- This stage is followed by <u>the distribution of these goods across different regions</u> and areas.
- Lastly, these goods are purchased by their final users for consumption and their income earned from firms return to them again(circular flow of income).
Therefore, <u>option B</u> states a true claim about the elements of an economy.
Learn more about 'Economy' here: brainly.com/question/2421251
Answer:
IRR= 23.375%
Explanation:
Given: Cash flow= $1,200,000
Initial investment= $2400000
Lets first compute IRR for Project, assuming rate of return at 23.375% or 0.233.
Formula:
NPV has to be equal to zero to know if IRR is correct to find if project worth enough to invest.
⇒
⇒
⇒
∴ NPV= 0
Hence, 23.375% is the IRR for the project.
Answer:
This was most likely caused by a shift in the aggregate supply curve to the left.
Explanation:
a recession is when the economy is declining and this can be caused by declining trade and industrial activity so if Real GDP decreases that means there was a decline in prices and a deflation in the market therefore this can be caused by increases in wages or the value of wages which can cause more consumption in the market and then prices fall, an decrease in physical stock which is like people employed where the cost of producing one more unit increases at a decreasing rate so firms end up not hiring more people.
<span>The manager who provides overall guidance and leadership for the entire corporation is known as the operations manager.
An operations manager oversees all organization departments from final production of goods/services, production, purchasing, productivity of employees, manufacturing, supplies and employees. An operations manager is an in office (sometimes out) but, is usually around to help each group within an organization keep focus on what tasks need to be accomplished.</span>