The answer to this question is <span>acceptability
The </span><span>acceptability characteristic refers to whether the currency is accepted as a medium of exchange for the transaction in the market.
Currency that has high rate of acceptability tend to be less volatile in the foreign exchange market and attract more investment.</span>
Answer:
C. decrease
Explanation:
In the case when the money demand and the money supply model is used so the open market purchase would result the interest rate of equilibrium to decrease as if there is an open market purchase so it rise the money supply due to which the supply curve of the money move shiftward
Therefore the rate of interest should be decreased
Answer:
1
Explanation:
Income elasticity is how the quantity demanded of a product changes due to a change in the income of an individual.
The formula for calculating Income elasticity of demand is, percentage change in quantity demanded divided by the percentage change in income.
Here the income of Arista increases but the price of gizmos remains the same, that is why the 10% now will be more than what it used to be before the increase in income.
Hope this helps. Good luck.
She is a hostess because she greets people at the door
Answer:
The answer is A. Yes, Cindy should hire 12th worker.
Explanation:
Please see the below for detailed calculations and explanations:
By increasing one employees, Cindy's cupcakes shop marginal cost per day will increase by the amount equals to the salary and benefit of the 12th in one day which is: $100;
The benefits brought back to Cindy's shop is the increase in marginal revenue of $150 ( calculated as $2,750 - $2,600).
As marginal revenue is higher than marginal cost in case the 12th employees is hired, Cindy should hire one more employees as it will increase her total profit at the end of the day by $50 ( i.e Marginal revenue - Marginal cost = 150 - 100 =$50).
