Answer:
Contact-less payment technology
Explanation:
In contact-less payment, payment is made without any physical contact between the payer and receiver business. This payment mechanism makes use of NFC (near the field communication) technology.
Contact-less payment mechanism reduces cost for staffing and also removes need for collection of cash. This means that parking facilities are managed remotely.
Answer:
The answer is:
a real exchange rate
Explanation:
The last word in the question seems to be incomplete, I am assuming that the intended word is "represent".
Real Exchange Rate (RER), also known as Real Effective Exchange Rates (REER) is an exchange rate that compares the relative price of the two countries' consumption baskets (what the average consumer buys and its price indicates how much consumers pay for it). It gives information beyond the nominal exchange rate or the relative prices of two currencies. In this example, the RER between the U.S dollar and the Mexican Pesos is used to determine what the U.S. dollar can buy in Mexico, as compared to what that same amount can buy in the U.S. This helps to tell us if a currency is undervalued or overvalued.
Answer:
Option D would be the correct choice.
Explanation:
- The net capital outflow has been the discrepancy among purchasing foreign assets from a region, as well as selling domestic currency worldwide. Find a basket of products similar across both the United States or even just Taiwan.
- Such net capital outflows allude to something like the disparity between households and businesses acquiring overseas investments versus non-residents acquiring domestic currency.
The other options in question aren't relevant to the particular context. So choice D is perhaps the right one.
Answer: Please refer to Explanation.
Explanation:
First let me begin by explaining the terms,
When we speak of EXCLUDABLE GOODS we speak of goods that people will not benefit from if they are unwilling to pay for them.
NON-EXCLUDABLE GOODS are the opposite in that people still benefit even if they are unwilling to pay.
When we speak of RIVALROUS GOODS we speak of goods that when consumed, the ability of others to partake of that good is diminished or destroyed as opposed to NON-RIVALROUS goods who's consumption does not reduce or get destroyed by the usage and consumption of others.
Now then,
National Defense: NON-EXCLUDABLE and NON-RIVALROUS
Pay per view cable TV: EXCLUDABLE and NON-RIVALROUS
A Hot Pocket sandwich: EXCLUDABLE and RIVALROUS.
Private classroom education: EXCLUDABLE and RIVALROUS.
Pajamas: EXCLUDABLE and RIVALROUS.
A unicycle: EXCLUDABLE and RIVALROUS.
If you need any further clarification do comment. Cheers.
Answer:
B) Increases as its price falls, ceteris paribus.
Explanation:
The laws of demand and supply are fairly simple:
- law of demand: as the price of a good or service decreases, the quantity demanded for the good or service increases
- law of supply: as the price of a good or service increases, the quantity supplied for the good or service increases
