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olga nikolaevna [1]
2 years ago
12

Economics is the study of choices people make in an effort to satisfy their wants and needs given scarcity.

Business
1 answer:
Luden [163]2 years ago
7 0
Most likely true! Economics is the knowledge/ study of how society functions!
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What is a benefit of obtaining a personal loan?
tester [92]
A.
getting money with special repayment terms
6 0
2 years ago
In the short run, expansionary monetary policy ___________ real gross domestic product (GDP), ___________ unemployment, and ____
iren2701 [21]

Answer:

a.raises; lowers; raises

Explanation:

An expansionary monetary policy is usually undertaken by the Central bank to increase money supply.

When money supply is increased, output increases and real GDP rises.

The rise in money supply which causes output to increase would lead to an increase in demand for Labour. This would reduce unemployment.

Because of rise of money supply, the supply of money in the economy would rise and the price level would rise.

I hope my answer helps you.

5 0
3 years ago
According to the IS–LM model, if Congress raises taxes but the Fed wants to hold income constant, then the Fed must ______ the m
abruzzese [7]

Answer:

Increase

Explanation:

Population net income consists of the difference between labor income and expenditure. If the government adopts a contractionary fiscal policy, that is, increases taxes, the net income of the population will decrease, since part of the income will be directed to the payment of taxes. For the Fed to compensate for this decline in income, an expansionary monetary policy will have to be adopted, ie the Fed must act to stimulate the population's income. The increase in money supply has the effect of warming the economy in the form of higher demand and higher wages. This is the form of compensation between two different policies, one contractionist and one expansionist.

6 0
3 years ago
Salt Foods purchases forty $1,000, 7%, 10-year bonds issued by Pretzelmania, Inc., for $37,282 on January 1. The market interest
alexira [117]

Answer and Explanation:

The journal entries are shown below;

a. Investment Dr $37,282

      To Cash $37,282

(being the investment in bonds is recorded)

b.

Cash (($1,000 × $40) × 0.07 × 6 ÷ 12) $1,400

Investment  $91

   To interest revenue ($37,282 ×8% × 6 ÷ 12) $1,491

(Being the first interest payment is recorded)

5 0
2 years ago
You're deciding whether to install an $800 moonroof and a $400 security system in your car. Suppose the marginal benefit from th
blsea [12.9K]

Answer:

Install Security System

Explanation:

The security system should always be purchased, because, the marginal benefit of the security system is higher than the marginal cost of this system.

The marginal benefit of the security system is $600, the marginal cost of this system is $400.

In Moonroof marginal benefit is lesser than its marginal cost.

8 0
2 years ago
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