Answer:
d. the action produces marginal benefits that exceed marginal costs.
Explanation:
The rational person is the person who takes the decision with keeping in mind about its future events and in practicable in nature instead of the emotional nature
When a company earns a net income, its revenue is more than its cost
So a rational person does not act unless when the action generates the marginal benefits that are exceeded from the marginal cost.
Answer:
2. 20 years under scenario A, versus 16 years under scenario B
Explanation:
It is clearer if I explained with an example:
Let suppose that a nation´s real GDP for 2018 was 1000. In scenario A you will have:
2019:1000*3.5%=1035
2020:1035*3.5%=1071,2
and so on, the same for scenario B
2019: 1000*4,5%= 1045
2020: 1045*4,5%= 1092
and so on.
I attached an excel table where you can see that: in the first scenario, between year 20 and 21 (2038 and 2039) the GDP will double and in the second one, between year 15 and 16 GDP will double. The answer is 2.
Is a bank account because how their going to take a loan with no bank account
Answer:
When something/substance scarce .
Meaning it’s hard to find it, and there’s not a lot. Almost like rarity. But when something is rare there’s not a lot of it and never was, scarcity, cAN sometimes be when there is a lot of something and now there isn’t.
Hope this helped!!
LunarRose3
Explanation:
Answer:
A)
Explanation:
Based on the scenario being described within the question it can be said that the type of unemployment that best describes this would be Cyclical Unemployment. This term refers to unemployment that is caused when the overall demand that exists in a market for the goods and services cannot support full employment within the economy. Such as in this case since the economy is weak and ultimately caused these individuals to lose their jobs.