The given statement is true. Controlling the amount of money in an economy and the channels through which it is provided is known as monetary policy.
<h3>
What is monetary policy?</h3>
In order to ensure price stability and public confidence in the value and stability of the country's currency, the monetary authority of a country adopts a policy known as monetary policy. This policy aims to control either the money supply or the interest rate payable for very short-term borrowing, which refers to borrowing by banks from one another to meet their short-term needs.
Controlling the amount of money in an economy and the channels through which it is provided is known as monetary policy. Monetary policy strategy is influenced by economic indicators including the GDP, inflation rate, and industry- and sector-specific growth rates.
The United States of America's central banking system is called the Federal Reserve System. With the passage of the Federal Reserve Act on December 23, 1913, it was established in response to the need for centralized control of the monetary system to prevent financial crises following a string of financial panics.
Hence, The given statement is true.
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Answer:
More candy being bought that is the same brand.
Explanation:
Answer:
a. over 100,000
b. is more than 8 times
Explanation:
a.
Cost of four-year bachelor degree = Actual cost + opportunity cost
And
Actual cost = amount spent
opportunity cost = amount lost in not doing job just after high school
So ,
opportunity cost would be the 4 year salary of a high school graduate.
∴
Opportunity cost = 4 * yearly income of high school graduate
= $ 4 * 33900
= $ 135,600
Actual cost = 4 * yearly cost to attend college
= $ 4 * 25,290
= $ 101,160
As,
Total cost = Actual cost + opportunity cost
= $ 101,160 + 135,600
= $ 236,760
b.
Lifetime gain in pursuing bachelor degree over high school = life time earning of bachelor - lifetime earning of high school graduate
= 2,444,500 - 1,593,300 = 851,200 $
Hence,
the expenses of obtaining a bachelor degree is worth it because the increase in lifeime earning exceeds cost. [ cost = 236,760 $ , gain = 851,200 $ ]
So,
The expense of obtaining a bachelor's degree worth it because the increase in lifetime earnings is more than 8 times the cost
A product <u>Line</u> is a group of products linked through usage, profile, price points, customer and distribution channels.
The correct fill in the blank to this question is product line.
A group of products linked through usage, customer profile, price points, and distribution channels is known as a<u> Product line</u>. The products are identical and focus on the same market . Their function or channel distribution might be similar. Possibly their physical attributes, prices, quality, or type of customers are the same. We call this sort of activity as product lining.
Product line is basically a group of related products all marketed under a single brand name that is sold by the same company. Companies sell multiple product lines under their various brand names, the basic purpose is to distinguish them from each other for better usability for consumers.
Product line pricing involves the separation of goods and services into cost price categories in order to create different perceived quality levels in the minds of consumers.
Product lines are usually part of a marketing strategy. Companies keep introducing more products to attract buyers. Specifically, they want to attract those buyers who are already familiar with their brand.
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