Answer:
The correct answer is letter "A": True.
Explanation:
Central banks are the financial institutions in charge of the monetary policy of their country on behalf of the central government. They regulate the money supply and the interest rates to maintain a country's economy the closest to its equilibrium level. In the United States, the central bank is the Federal Reserve (<em>Fed</em>). Central banks also collect and replace the currency in circulation.
Answer:
False
Explanation:
An economic agent should specialise in the production of the good for which it has a comparative advantage in its production.
An economic agent has a comparative advantage in production if it produces at a lower opportunity cost when compared with other economic agents.
Anne's opportunity cost in pie production = 4/3=1.33
Anne's opportunity cost in shirt production = 3/4 = 0.75
Mary's opportunity cost in pie production = 5/2 = 2.5
Mary's opportunity cost in shirt production = 2/5 = 0.4
Anne has a comparative advantage in the production of pies and Mary has a comparative advantage in the production of shirts.
Anne should specialise in pie production and Mary should specialise in shirt production.
I hope my answer helps you
True or false: Control involves developing goals and preparing various budgets to achieve those goals. True false question. <u>False</u>
<h3>What is goal?</h3>
A goal is a vision for the future or a desired outcome that an individual or group of individuals commits to envisioning, planning, and achieving. By creating deadlines, people attempt to accomplish goals within a certain amount of time.
A goal is akin to a purpose or aim, the anticipated outcome that directs behavior, or an end, which is a thing, whether it be a tangible thing or an abstract thing, that has inherent value.
To learn more about goal from the given:
brainly.com/question/1512442\
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Answer: The answers are provided below.
Explanation:
A stock dividend occurs when the firm uses the money that was meant to be paid to the shareholders as cash dividend to buy additional common shares for them. A stock split occurs when a firm gives two or more new shares to every existing share that an investor holds.
As an investor, I'll consider whether the aim of the company in making a stock split or issuing a stock dividend aligns with my aim of investing in the company. In a case where the aims doesn't align with mine, I'll go and invest in another firm.
A company declaring 100% dividend shows growth and also, as a stakeholder, tax may not be paid by me. Stock split gives room for small investors to invest and it also reduces share price.
Answer:
-0.20
Explanation:
Cross price elasticity of demand measures the responsiveness of quantity demanded of good A to changes in price of good B.
If cross price elasticity of demand is positive, it means that the goods are substitute goods.
Substitute goods are goods that can be used in place of another good.
If the cross-price elasticity is negative, it means that the goods are complementary goods.
Complementary goods are goods that are consumed together
Cross Price elasticity of demand = midpoint change in quantity demanded / midpoint change in price
Midpoint change in quantity demanded = change in quantity demanded / average of both demands
change in quantity demanded = 16 million - 14 million = 2 million
Average = (16 million + 14 million) / 2 = 15 million
2 / 15 = 0.133
midpoint change in price = change in price / average of both price
change in price = 1 - 2 = - 1
average of price =(2 + 1) / 2 = 1.5
-1/1.5 = -0.67
0.1333 / -0.67
