Answer:
The correct option is;
Loss of national monetary and exchange rate policy
Explanation:
The disadvantages of the establishment of monetary unions includes;
1) The loss of independence in monetary policy
2) The associated problems that arise due to the the initial establishment of the union
3) Tedious nature of the task of attaining comprehensive capital mobility
The advantages are;
1) Lack of uncertainty in exchange rate variation
2) Reduced cost of doing business
3) Improved fiscal stability as well as control of the inflation rate by supranational central bank.
<span>The bond is a written promise to pay the bond's par value and interest at a stated contract rate. </span><span>Bonds that have interest coupons attached to their certificates, which the bondholders present to a bank or broker for collection, are called coupon bonds.
</span><span>Bondholders detach coupons when they mature and present them to a bank or broker for collection.
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Explanation:
Life expectancy and literacy rates can affect the quality of labor in the economy because if citizens are literate, they are educated and likely have white-collar jobs. Citizens who are illiterate likely have more manual labor jobs.A nation with lower fertility rates will usually have less people, and scarce resources will take longer to run out
Answer:
The idea behind opportunity cost is that the cost of one item is the lost opportunity to do or consume something else; in short, opportunity cost is the value of the next best alternative. Click to see full answer Herein, what is opportunity cost give example? Opportunity cost is the profit lost when one alternative is selected over another.
Explanation:
Answer:
B) the other firm does not view the announcement as credible
Explanation:
The reason is that the other firm thinks that the announcing firm will make losses as it will not be able to sell the products in an imperfect market where both the firms have identical cost functions and knew all about the cost. So increasing the production when the demand is the same will decrease the price of the product and result in increased losses to the announcing company.
