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3 years ago

The United States is able to experience economic growth to the extent that

Business

2 answers:

kvasek [131]3 years ago

6 0

Answer:

The correct answer is the option E: consumers are encouraged to buy domestically produced goods.

Explanation:

To begin with, in order to the economy to grow the country must encourage the consumers to buy more domestically produced goods so that the when the demand increases so does that income of the firms and that impacts in the demand that the companies do as well. Therefore that the country, and that is, the firms and the government, should encourage the increase of consumption from the buyers in order to intend to experience an economic growth.

kozerog [31]3 years ago

6 0

Answer:

E. Consumers are encouraged to buy domestically produced goods.

Explanation:

When any economy is experiencing growth, the main driver of that is to make sure that the specialization occurs in producing quality goods and services and then trade is encouraged. But since, here we are talking about the already achieved economic growth by the US, now they are only encouraged to buys locally produced goods as now they have the capability and quality to produce the same goods they once imported from other countries.

Hope this clears the concept here.

Good luck.

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Which of the following are true about productive efficiency? I. All available resources are employed in production. II. Workers

dalvyx [7]

Answer:

III. Points on the PPF curve are the only ones that achieve "productive efficiency"

Explanation:

What is true about productive efficiency is that Points on the PPF curve are the only ones that achieve "productive efficiency".

Productive efficiency is an economic term that is concerned with producing goods and services with the optimal combination of inputs to produce maximum output for the minimum cost.

For it to be said that an economy is productively efficient means the economy must be producing on its production possibility frontier

Hence productive efficiency happens when production is reportedly occurring along a production possibility frontier (PPF).

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3 years ago

Immediately after graduating you bought a car with a bank loan of $20,000. The term of the loan is 5 years with monthly payments

xz_007 [3.2K]

Answer:

Explanation:

Principal borrowed =$20,000

Loan year=5years

Monthly interest =12%

We need to find the amount after 12years

Compound interest is give as

Using compound interest formula

A=P(1+r/n)^nt

Where,

P = principal amount = $20,000

r = annual rate of interest =12%=0.12

t = number of years the amount invested =5years

A = amount of money accumulated after n years, including interest.

n = number of times the interest is compounded per year=12months

Therefore,

A=P(1+r/n)^nt

A=20,000(1+0.12/12)^5×12

A=20,000(1+0.01)^60

A=20,000(1.01)^60

A=20,000×1.817

A=$36,333.9

So he is meant to pay $36,333.9 for 5years (60months)

Then he will pay

$36,333.9/60

He will pay $605.57 per month

So his twelfth payment is 605.47×12=$7266.78

Using is normal payment

He is suppose to pay $20,000 at a rate of $20,000/60=333.33

Then after the twelve payment, then he his supposed to pay $333.33×12=$4000

So the interest between on the twelfth payment is 7266.78-4000 =$3266.9

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3 years ago

Exxon's response to the 1989 Valdez tanker oil spill in Alaska is an excellent example of a company using thoughtful crisis mana

PilotLPTM [1.2K]

Answer:

Exxon's response worsened its public standing.

Explanation:

Crisis management is the application of game plan to help an organization deal with a sudden and significant negative event.

The Exxon's response is a perfect example of how company should apply thoughtful response in crisis management because Exxon corporation failed to follow several well-established procedures thereby damaged its public standing, failed to seize control of developments after the spill and sending lower-ranking executive to address the situation instead of the chairman going there himself to take control of the situation in a possible way.

The action taken by Exxon led to the impression that the company disregard pollution problem by not involving top management.

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3 years ago

Ж I NEED HELP!

IgorC [24]

The process you need to to start a fashion clothing brand.

Fist step is to recognized the fashion need in the market.
Create your business plan.
Know your specific audience.
Start drawing and then designing the cloth
look for a good clothing maker
Choose and Make a brand name, logo, etc.
Set a target price and start marketing/distribution process..

<h3>What is Clothing Brand?</h3>

This is known to be that key Identification that pertains to a given Manufacturer and it is one that is only used in the line of business such as manufacturing, distributing, etc., of clothes.

Note that by flowing the steps above, one can make a great fashion brand in the long run.

Learn more about clothing brand from

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2 years ago

What are the three types of inherent value money can have

Reil [10]

Answer:

commodity value, representative value, and also fiat value.

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3 years ago