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marin [14]
3 years ago
12

Micah was talking with Aaron, his assistant manager, saying, "When I make a decision on which employees will do a project, I use

three simple factors. I consider their attitude, knowledge, and how hard they work." Micah uses
Business
1 answer:
Arada [10]3 years ago
5 0

Answer:

heuristics

Explanation:

A heuristic approach to problem solving employs a practical method, or rule of thumb, that is not optimal nor it tries to guarantee perfection, but is sufficiently good to serve for practical purposes specially when time is limited.

Micah's approach may not guarantee that the people that he chooses will be the adequate ones, but he considers his method to be close enough to a correct solution and it is also very simple and easy to carry out.

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If an economy experiences deflation, the real interest rate will be greater than the nominal interest rate. will be negative whe
GaryK [48]

Answer:

will be greater than the nominal interest rate.

Explanation:

Inflation can be defined as the persistent general rise in the price of goods and services in an economy at a specific period of time.

Generally, inflation usually causes the value of money to fall and as a result, it imposes more cost on an economy.

Deflation can be defined as a fall or decrease in the overall price level of goods and services in an economy, so that inflation becomes negative while causing an increase in the purchasing power of a currency. Thus, an economy experiences a deflation when its inflation rate becomes negative i.e falls below zero percent (0%).

Furthermore, if an economy experiences deflation, the real interest rate will be greater than the nominal interest rate due to a negative inflation.

Mathematically, deflation is given by the formula;

Real interest rate - Nominal interest rate = - Inflation

6 0
3 years ago
A check originally payable to cash, but subsequently indorsed with the words "pay to Li Ping," must be negotiated as:
7nadin3 [17]

Answer:

The correct option is C

Explanation:

Bearer instruments and order instruments are separately negotiated. However, the method of negotiation is highly dependent on the instrument character at the time of negotiation. Indorsement however has the ability to turn an order instrument to a bearer instrument. Like from the example provided in the question, it must be negotiated as an order instrument (via indorsement and must be delivered), although formerly, it was a bearer instrument.

5 0
4 years ago
A significant difference between a monopolistically competitive firm and a purely competitive firm is that the: Question 7 optio
MA_775_DIABLO [31]

Answer:

3) former sells similar, although not identical, products.

Explanation:

In a monopolistic competition, there may be many sellers of a specific good, but in order for each firm to possess a monopolistic edge over the other, minute differences may exist between the similar goods. For example, geometrical sets are more or less the same, in terms of content. However, producer A may include a formula sheet, something which producer B may compensate with a timetable sheet. A consumer may wish to buy a geometrical set, but will have to choose between one from producer A or B since they all have different special features. Both producers A and B possess a monopoly of sorts over each other, due to the difference in features. This is called product differentiation. It may be physical, like the one above or perceived, where product A may seem better than product B, though entirely similar, due to A’s massive advertising. Purely competitive firm sells standard product like its competitors.

6 0
3 years ago
Chegg As the U.S. economy continues to recover from the effects of the recession of 2007–2009, it is widely anticipated that the
Kazeer [188]

Answer:

Year 1= 1.5%

Year 5= 3.5%

Year 10= 3.5%

10 year nominal interest rate will be 3.5%

Explanation:

7 0
3 years ago
Heather is the copy editor for the newspaper. She has to read everything before it goes to print because it has to be perfect. S
exis [7]
That sounds like a grammatical Warlord.
8 0
3 years ago
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