<span>Imagine
an economy in which:
(1) pieces of paper called yollars are the only
thing that buyers give to sellers when they buy goods and services, so
it would be common to use, say, 50 yollars to buy a pair of shoes;
(2)
prices are posted in terms of yardsticks, so you might walk into a
grocery store and see that, today, an apple is worth 2 yardsticks; and
(3) yardsticks disintegrate overnight, so no yardstick has any value for
more than 24 hours.
In this economy, the yardstick is a unit of account but it cannot serve as a store of value.</span>
This is a trick question. it's technically D.
APR determines the amount of interest you are charged if you do not pay your bill in full each month.
Answer: True
Explanation:
Information asymmetry has to do with the study of decisions taken in transactions where one party has better or more information than the other party. These differences in information or asymmetry leads to a power imbalance in transactions, which can lead to transactions going awry.
When high level of information asymmetry exists between the insiders and outsiders in a business environment, it encourages higher use of debt relative to equity, and more reliance on short- term debt rather than on long- term debt.
You make choices based on your own actions and decisions. There is no one to tell you what is right and what is wrong aside from your boss. You have increased responsibilities and are expected to act mature.
Answer:
A. Straight Extension Strategy
Explanation:
Straight Extension product strategy refers to maintaining the same quality, attributes and utility of products both in the domestic and the international market.
This strategy is usually followed for those products which are globally acclaimed and thus need for any alteration or promotion is undesirable as the market for such products has already been created.
As the word suggests, extension means extending the same product globally.
Hence, this is a case of A. straight extension strategy
