Answer:
Unlike small firms and non-profit organizations, corporations have more ways to raise the money that they spend on productive resources.
Explanation:
- This is because corporations have the advantage of more means to raising capital such as selling stocks.
- This gives them an advantage over the other business structures.
- Employees can be attracted to offer their labor to corporations that small holdings since they are sure of their payment due to the high amounts of funds operated by corporations in comparison to small firms.
Answer:
a depreciation of the dollar that leads to greater net exports.
Explanation:
The interest rate is considered "the price of money". When the interest rate is high, more dollar is demanded and appreciated, as economic agents can make a greater profit from buying US bonds (which pay interest-rate). Thus, the dollar becomes more expensive. compared to other currencies. Conversely, when the interest rate decreases, the dollar tends to depreciate against other currencies.
Exports, in turn, are associated with the value between currencies. When the dollar depreciates, it means that more dollars can be bought with the same amount of foreign currency. In terms of trade, this stimulates exports, as dollar depreciation makes American products cheaper for other countries. Consequently, the competitiveness of the American economy increases as a whole.
For example, imagine a foreign company that buys US smartphones. If the rate is 1: 1, ie 1 foreign currency unit buys 1 dollar. Now imagine the Federal Reserve lowering the interest rate by depreciating the dollar so that the new exchange rate is 1: 1.20, ie 1 foreign currency buys $ 1.20. For the foreign company it was cheaper to buy American smartphones, as the dollar depreciated against its currency. In contrast, for the US to buy (import) goods from another country is more expensive. Since the net trade balance is the difference between exports and imports, the economy tends to have a higher net export balance.
Answer:
Labor is not a commodity in the Marxian theoretical system, while labor power is. Labor is something humans have always done to produce the goods and services upon which life depends. Labor power is what a worker sells to an employer
Explanation:
Answer:
By making changes in the inventions that makes life easier.
Explanation:
innovation has greatly impacted the life of the inhabitants and later periods in history because with the help of innovation, the instruments were made more advanced which make the work easier and the people can get benefit from it and their life was completely changed with this innovations. For example, in ancient times, people made floor by crushing seeds with an small machine but with the help of innovation, a wind mill was formed and more grains was grinded to make floor.