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Grace [21]
3 years ago
5

How does specialization affect voluntary exchange between countries?

Business
1 answer:
labwork [276]3 years ago
4 0

Answer:

It increases voluntary exchange by encouraging other countries to be less self-sufficient

Explanation:

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Suppose the total monetary value of all final goods and services produced in a particular country in 2010 is $500 billion and th
Nastasia [14]

Answer:

) GDP in 2010 is $500 billion.

Explanation:

Here are the options to this question :

GDP in 2010 is $450 billion.

b) NDP in 2010 is $450 billion.

c) GDP in 2010 is $500 billion.

d) inventories in 2010 fell by $50 billion.

Gross domestic product is the total sum of final goods and services produced in an economy within a given period which is usually a year

GDP calculated using the expenditure approach = Consumption spending by households + Investment spending by businesses + Government spending + Net export

Net export = exports – imports

3 0
3 years ago
How is the skeletal system good
Travka [436]

Answer:

It could be good by your muscles

5 0
3 years ago
Read 2 more answers
Assume $1,000 is deposited in a checkable account by Mr. Y in Bank A. Assume further that the reserve requirement is 0.10. The i
scZoUnD [109]

Answer:

$900

Explanation:

As $1,000 is deposited in the account by Mr. Y in the Bank A. But the further requirement of the reserve is 0.10. So, it will amounts to:

Amount of reserve requirement = Amount deposited × Requirement of reserve

where

Amount deposited is $1,000

Requirement of reserve is 0.10

= $1,000 × 0.10

= $100

Therefore, the initial amount of the money that created by excess reserve is:

= Amount deposited - Amount of reserve requirement

= $1,000 - $100

= $900

6 0
3 years ago
Which of the following statements is true regarding innovation in organizations?A) Organic structures negatively influence innov
aleksandrvk [35]

Answer:  Option E                                                                    

Explanation: In simple words, innovation refers to the process under which a task can be done in a new and efficient manner.

Business organisation that focuses on innovation always struggle to keep learning so that they can make their business more efficient by using new methods. Innovation can help an organisation to to make a competitive advantage in the market.

Innovating firms celebrates both success and failures as both if it will eventually lead to a lesson for them.

3 0
3 years ago
Suppose you're working as a salesperson and one of your prospects tells you they are interested in your product because it is th
Artemon [7]

a. Situational needs

b. Functional needs

c. Social needs

d. Psychological needs

e. Knowledge needs

Answer:

b. Psychological needs

Explanation:

-Situational needs are the ones that are related to the customer's environment, place and time.

-Functional needs are the basic ones people need to be able to live.

-Social needs refer to the need people have to relate to the others.

-Psychological needs refer to things pople need for their well-being and being able to function properly.

-Knowledge needs refers to the ones related to learning new things.

According to this, the need the buyer is expressing is a psychological need because your prospect says that they are interested in the product because it is the one best suited for a particular task. The prospect could be able to buy a similar product from someone else but as they consider this as the best one, buying it will make them feel good.

4 0
3 years ago
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