Answer:
Federal communication commission
Explanation:
The organization which recently ruled that the internet service providers who could charge different rates for different types of users was the Federal Communication Commission.
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Answer:
Correct option is (c)
Explanation:
Nominal interest rate is the sum of real interest rate and inflation. The lender charged nominal interest rate of 15% expecting inflation to be 10% in the following year. However, inflation was 12%. So, nominal rate becomes 17% (12% + 5%).
The lender should have charged a nominal interest rate of 17% instead of 15%. Now, he has to bear the loss of 2%. Borrower on the other hand benefited as he is paying lower interest rate than what is prevailing in the market.
Answer:
a. -1.25
b. -1.25
Explanation:
Price elasticity is used to measure the change in demand as a result of a change in price.
Formula is;
= % change in Quantity/ % change in Price
a. Suppose the price increases from $1.00 to $1.50. The price elasticity of demand is:
% change in Quantity using the midpoint formula;
% Change in Price using midpoint formula
= -0.5/0.4
= -1.25
b. Suppose the price decreases from $1.50 to $1.00. The price elasticity of demand is:
% change in Quantity using the midpoint formula;
% Change in Price using midpoint formula
= 0.5/-0.4
= -1.25
Frictional unemployment occurs because in a world of imperfect information, it takes time for people to find jobs.
<h3>
What is Frictional unemployment?</h3>
Transitions in employment that are voluntary within an economy lead to frictional unemployment. Even in an expanding, stable economy, frictional unemployment is a given. Frictional unemployment refers to workers who decide to leave their current jobs in search of new ones and people who are just starting out in the workforce. It excludes employees who hold onto their existing position until they find a new one because, presumably, they are never unemployed.
In the economy, there is always some frictional unemployment. It is a portion of natural unemployment, which is the lowest unemployment rate in an economy as a result of economic factors and labor movement, and it affects the overall employment picture.
The number of workers who are involuntarily out of work indicates both natural unemployment and the number of people who have been replaced by technology or lack of expertise.
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Answer:
The correct answer is productive capacity; real assets
Explanation:
Wealth is the abundance of material and immaterial resources, also collective possession - social or national wealth - or individual possession - personal wealth - of financial assets and assets, usually specified in property form (movable and immovable property). It can be studied from the anthropological, sociological, economic or even moral point of view, and its meaning can only be fully understood with respect to the human being and the opposite concept of poverty.
The wealth of nations can be measured by GDP, that of individuals by per capita income. Poverty is the opposite of wealth. When wealth accumulates in a few people, economic inequality is generated.1 Personal wealth is obtained, lawfully or illegally, by inheritance and accumulation of capital.
