Answer: B) when some inputs are fixed and some are variable
Explanation: The law of diminishing returns refers to a very popular narrative in economics which explains how the return or yield generated from adding an additional unit of input starts to decrease at a certain period. The concept of diminishing returns involves that, in the production of a certain good or services, some of the inputs required such land, labor or equipment, when a certain input is increased such as land while the others such as equipment or labor is fixed, there is an increase in the output of production, However, as land continues to increase while the other factors are fixed, a decrease in the output begins to set in.
Answer:
A. rises above; rises above
Explanation:
The interest rate hike is a tight monetary policy that serves as an instrument for the Fed to manipulate the economic environment in times of inflation and economic overheating. This is because when interest rates rise, people stop consuming and investing to invest money in government bonds as the expectation of earning a good income. Thus less money circulates in the economy, lowering inflation (which is a monetary phenomenon) and slowing down economic activity. Economic activity needs to be contained only in situations such as the one in which real GDP is above the production target, which represents unsustainable production.
Plus: When inflation is low and the economy is stagnant, the Fed can lower interest rates to stimulate the economy. That is, the interest rate is a powerful tool the Fed has to keep the economic environment healthy.
Answer: <em>Option (C) is correct.</em>
Explanation:
From the given options, we can state that an investor's degree of risk aversion will determine his/her optimal mix of the risk-free asset and risky asset. In discipline such as finance and economics, risk aversion is known as the behavior of individual, which, when are exposed to certain uncertainty, tends to attempt to decrease that uncertainty. It is also referred to as hesitation of an individual to acknowledge to the circumstance that consists of an unknown payoff instead of choosing another situation that has a more predictable result.
Answer: The correct answer is : Biometrics
Explanation: Biometrics is the measurement and statistical analysis of behavior and physical characteristics that correspond to each person. The equipment consists of a reader or scanner, a software to convert the scanned data into a standard digital format and a database to store the biometric information for later comparison.
