Answer: The correct answer is "c. bounded rationality".
Explanation: Jacob's decision is an example of bounded rationality, because according to the theory of limited rationality, people make decisions only partially in a rational way because of our cognitive, information and time constraints.
Social security spending is what would help out everyone , not just the military . Additional money spent on social security would greatly help out
It seems that you have missed the necessary options for us to answer this question, so I had to look for it. Anyway, here is the answer. Unlike the marketing research problem, the management decision problem <span>focuses on problems that are much broader in scope. Hope this answers your question.</span>
Answer:
mainly because of the countries negative trade balance, but also because it is strictly regulated by the central bank which is the National bank of Ethiopia.
Short run speculation in currencies can create a self fulfilling prophecy, at least for a time, where an expected appreciation leads to a stronger currency and vice versa.
<u>Explanation:</u>
The currency of a country can either appreciate or it can depreciate. If the currency of a country appreciates, it means that it has gone stronger in the currency market.
But if the currency of the country depreciates, then the currency has gone weaker in the market of the currency. With the appreciation of the currency, the imports for that country increases but it's exports decreases because it becomes expensive for other countries.
