In the long run, imports will most likely be paid for with

Business

1 answer:

Schach [20]3 years ago

7 0

In the long run, imports will most likely be paid for with exports

You might be interested in

What is one example of service that a bank or credit offers

Anna007 [38]

a credit unionis a financial institution that is owned and controlled by its members rather than shareholders. The members of the credit union pool their deposits and provide loans and other financial services to each other.

5 0

3 years ago

Kathleen is considering expanding her dress shop. If interest rates rise she is Group of answer choices less likely to expand. T

Karolina [17]

Answer:

Less likely to expand.

Explanation:

When ever interest rates rise in an economy, the soul purpose of that is to control inflation by influencing the people to save more and consume/spend less.

Hence, when the interest rates will rise, Kathleen will be moving away from the expansion process as she will have to borrow the money at more cost than before, hence increasing the risk of return from the expansion process. Hence this will lead to the demand for loan-able funds to slope downwards.

Hope this helps you. Good Luck.

7 0

2 years ago

Joe sold gold coins for $1000 that he bought a year ago for $1000. He says, "At least I didn't lose any money on my financial in

Sav [38]

Answer:

TRUE

Explanation:

Opportunity cost refers to those costs that can help us save more money. When we move from one investment to another, then the additional income from the other investment is called opportunity cost.

In this case, if Joe chooses Invest in a bank deposit in the place of Gold coins, he can enjoy 3% more return at the place of no profit and loss, so Joe had loss his 3% opportunity cost.

8 0

3 years ago

When putting together your personal budget, you find that your budget has a deficit. Which is the BEST way to balance your budge

ki77a [65]

Answer:

The correct answer is letter "C": Cut your expenses by an amount greater than your deficit.

Explanation:

In case there is a deficit in your budget, it means your expenses are higher than your net income. An adjustment must be made in such circumstances. To bring back the balance in your budget, you should cut your expenses by an amount higher than the amount of the deficit. Otherwise, you could increase your income but keeping your expenses at the same level.

3 0

3 years ago

The theory of rational behavior

romanna [79]

Answer:

The correct answer is letter "C": is an assumption that economists make to have a useful model for how decisions are made.

Explanation:

Rational Behavior guides the decision-making process towards choices that maximize individuals' benefits. Most economic theories assume that any individual taking part in action or activity is behaving rationally. Given the choice, people would choose something that increases their satisfaction.

6 0

3 years ago