Scarcity refers to the gap between limited resources and theoretically limitless wants. Scarcity affects producers because they have to make a choice on how to best use their limited resources. On the other hand, it affects consumers because they have to make a choice on what services or goods to choose.
The four main factors of production are land, or the physical space and natural resources, labor, or the workers, capital, or the money and equipment, and entrepreneurship, or the ideas and drive, which are used together to make a successful attempt at selling a product or service according to traditional economic ...
Answer: An operational executor
Explanation: The skills of an operational executor tend to lie within the range of human resource activities mostly characterized as transactional. They execute the operational aspects of managing people and organizations. That is, they are responsible for making sure human resource policies and transactions deliver results on a company wide basis by acquiring, developing, motivating, and deploying human resources where and when needed. Policies are required to be drafted, adapted, and implemented; while efficiently satisfying the administrative needs of employees through technology, shared services, or outsourcing etc. This leads to the constant application of organizational policies when done properly.
Under a system of freely floating exchange rates, an increase in the international value of a nation's currency will cause its imports to rise.
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What are floating exchange rates?</h3>
- A floating exchange rate (also known as a fluctuating or flexible exchange rate) is a type of exchange rate regime in which the value of a currency is permitted to fluctuate in reaction to foreign exchange market occurrences.
- A floating currency is one that uses a floating exchange rate, as opposed to a fixed currency, the value of which is determined in terms of material items, another currency, or a group of currencies (the idea of the last being to reduce currency fluctuations).
- When the international value of a country's currency rises, so do its imports, and vice versa.
As it is given in the description itself, when the international value of a country's currency rises, so do its imports, and vice versa.
Therefore, Under a system of freely floating exchange rates, an increase in the international value of a nation's currency will cause its imports to rise.
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The question you are looking for is here:
Under a system of freely floating exchange rates, an increase in the international value of a nation's currency will ____.
Answer: web community
Explanation:
Web community is also called an internet community, it is a virtual community whose members interact with each other primarily through the Internet.
