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Firlakuza [10]
3 years ago
5

Why scarcity and choice are basic economic problems faced by every Society??

Business
1 answer:
Ksju [112]3 years ago
3 0
The basic economic problem is that of scarcity and choice. This is because people have infinite wants in the face of limited resources, therefore decisions have to be made. The basic economic problem ensures that every society has to decide what to produce, how best to produce it, and for whom to produce it.
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In the market for reserves, if the federal funds rate is between the discount rate and the interest rate paid on excess reserves
almond37 [142]

Answer:

Increases; Rise

Explanation:

In the market for reserves, if the federal funds rate is between the discount rate and the interest rate paid on excess reserves, an increase in the reserve requirement increases the demand of reserves and causes the federal funds interest rate to rise, everything else held constant.

4 0
3 years ago
Describe how money that you save in the bank can be channeled to an investor.
ankoles [38]
If a monthly investment is being done then you can set up a once month automatic payment.<span> Write a check in the name of investment or you can also make an electronic transfer to the establishment you are investing in. </span>
3 0
2 years ago
Read 2 more answers
The cost of notions is generally an insignificant part of a garment’s cost
Liono4ka [1.6K]

Hello There!

This is a "False Statement" <em>The cost of notions is generally not insignificant part of a garment’s cost</em>

4 0
2 years ago
Your company expects to receive CAD 1,200,000 in 90 days. The 90 day forward rate for CAD is $0.80 and the current spot rate is
Masteriza [31]

Answer:

Cost of hedging = $24,000

Explanation:

cost of hedging = 1,200,000 * ($0.80 - $0.82) = 1,200,000 * $0.02 = -$24,000

Since the actual forward rate was higher than th eexpected forward rte, the coampny lost money by hedging the operation. The cost of hedging the operation was $24,000.

4 0
2 years ago
______________________ argues that the productivity of workers will increase if they are paid more, and so employers will often
kifflom [539]

Answer: Efficiency wage theory

Explanation:

 The efficiency wage theory is refers to the labor economics that argues about the wages fir the labor or workers in the market.

The main aim of the efficient wage theory is that it helps in increase the efficiency and the labor productivity by reducing the cost of the turnover in industries.

This theory is mainly developed by the Alfred Marshall as they denote the wages per unit labor efficiency.  Therefore, the efficiency wage theory is the correct answer.

7 0
3 years ago
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