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MrRa [10]
3 years ago
13

If the real money demand is greater than the real money supply, interest rates must rise to reach equilibrium in the money marke

t as institutions sell bonds to obtain more money.1. True2. False
Business
1 answer:
kondaur [170]3 years ago
6 0

Answer:

2. False

Explanation:

The market for money is like the market for any other good: if demand is higher than supply, then, the price of money (the interest rate), will have to be lowered, so that money becomes cheaper and more abundant, and supply and demand become equal and reach equilibrium.

In this case, the centrla bank needs to lower the interest rates by buying bonds. When the central bank buys bonds, it prints more money that is put in the market, effectively increasing the supply of money, and lowering the interest rate in the meantime.

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Jamie works as a salesperson at a car dealership. He takes his sales very seriously. After selling a car to a customer, he waits
Alika [10]

Answer:

cognitive dissonance

Explanation:

Cognitive dissonance -

It is a type of mental stress which is felt by a person , who have two or more contradictory ideas or beliefs regarding any action , is known as cognitive dissonance .

This problem increases due to any new idea or new approach .

hence , from the question , Jamie , being a good salesperson ,  after selling the car , wait at least for a week and then call the customer to to insure them for their good decision .

Hence , Jamie is trying to reduce cognitive dissonance .

7 0
4 years ago
governments that are interested in minimizing the efficiency costs of taxation should only tax goods where
lisov135 [29]

Answer:

Governments that are interested in minimizing the efficiency costs of taxation should only tax goods where demand or supply, or both, are relatively inelastic.

Explanation:

hope this helps

6 0
3 years ago
Read 2 more answers
How van an oligopoly cause market failure (8)​
Sladkaya [172]

The correct answer to this open question is the following.

Although there are no options attached we can say the following.

An oligopoly can cause market failure because companies that form the oligopoly do not allow other companies to enter and compete in the market. This action limits consumers to choose from a variety of options, including quality, the best price, and service.

Often, oligopoly associates the strongest or more powerful companies in order to wipe out other minor competitors. They want to establish a dominant presence that affects prices and consumers participation.

Oligopoly practices result in inefficiency and instability in the market. That is why oligopolies are not good for the economy.

The automobile industry is mostly associated with an oligopoly.

When a market is controlled by just a few numbers of companies, but none of them is above the others, we are talking about an oligopoly. They can collude intentionally or not, to establish prizes and to not let other companies compete with them.

6 0
3 years ago
Bob sells cookies only in packages of 5.
nexus9112 [7]

Answer:

2000 units

Explanation:

We apply the contribution margin concept in solving this.

The selling price is $5

The $1000 overhead cost represents fixed costs.

The $2.50 material cost is the variable cost.

The salary of $4000 is like profits.

Bob has to sell x items to meet the break-even and attain $4000

Break-even = Fixed cost/ contribution margin per unit

fixed cost =$1000

contribution margin = Selling price - variable cost

=$5 -$ 2.50

=$2.50

break-even in units = $1000/2.50

=400 units

To achievea $ 4000 salary , Bob has to sell 400 units + $4000/2.50

=400 unit +1600 units

=2000 units

3 0
3 years ago
Starbucks announced that it would eliminate plastic straws by 2020. This decision by Starbucks is an example of
evablogger [386]

The decision by Starbucks to eliminate plastic straws by 2020 is an example of Green Marketing.

<h3>What is Green Marketing?</h3>

Green marketing is the process of promoting products or services based on their environmental benefits. It is the practice of advertising products or services as environmentally safe.

Green marketing affects positively the health of people and the ecological environment. Here, people are aware of products and methods of producing and disposing the products. It encourages integrated efforts for purity in production and consumption as well.

Therefore, the decision by Starbucks to eliminate plastic straws by 2020 is an example of Green Marketing.

Learn more about Green Marketing here: brainly.com/question/25818288

6 0
3 years ago
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