Answer:
The correct answer is transaction costs.
Explanation:
Transaction costs refer to the costs incurred in order to carry out a market transaction.
The concept of transaction costs was first developed by Nobel Prize Ronald Coase who wondered why companies exist. According to Coase, transaction costs are the costs associated with using the market price mechanism and companies are created in order to reduce those costs.
Specifically, in Coase terminology, transaction costs would be the costs associated with the use and calculation of the market price mechanism, or in other words, the costs that companies incur when, instead If they use their own internal resources, they go to the market to find those products and services.
Answer:
B. In the long run, a change in the nominal exchange rate brings an equivalent change in the real exchange rate.
Explanation:
As we know that in the short run there is a decline in the nominal exchange that results in a decrease of real exchange rate due to which there is a reduction of the import and the export is risen.
But in the case of the long run, if there is a change in the nominal exchange rate so the real exchange rate would remain the same
This results that if there is a change in the nominal exchange rate so it would not bring the equal change in the real exchange rate
Hence, option B is incorrect
Answer: Specialty Product
Explanation: Blue bell cookie represents a typical example of a specialty product to Gwen, because the cookie bears a special place in her heart.
A specialty product is a product that is very special to a consumer and the consumer can go to any length to purchase them.
Answer: See explanation
Explanation:
While all members of the Federal Reserve Board of Governors vote at Federal Open Market Committee (FOMC) meetings, only (5) of the regional bank presidents are members of the FOMC.
The option that contributes to making the Federal Reserve an independent policymaking body is that members of the Board of Governors are appointed for 14-year terms.
Investment Gains. One of the primary benefits of investing in the stock market is the chance to grow your money. Over time, the stock market tends to rise in value, though the prices of individual stocks rise and fall daily. Investments in stable companies that are able to grow tend to make profits for investors.
sooo the answer should be...
B. they allow companies to generate income.
hope this helps!
