Answer:
d
Explanation:
there are 4 stages of business cycle
- peak (boom)
- contraction (recession)
- trough (depression)
- recovery (expansion)
during the trough or depression period every country even the developed ones experience decrease in investment, employment, output, income and price.
I mentioned those above points because every country experiences these 4 stages of bussiness cycle thus it will not give a way to zero unemployment.
Answer:
The answer is C.
Explanation:
The US firm is using derivatives to hedge against the risk of Swiss francs falling.
A futures contract is the type of contract that two parties (one the buyer and the other the seller) the buyer will purchase an underlying asset(Swiss francs) from the seller at a later date in the future and at a price agreed by both parties. Futures is a standardized derivatives and it is traded in exchange.
To sell a futures contract or forward contract means the seller is anticipating fall or drop in value or price of the underlying asset (Swiss francs) and we say the seller is holding a short position.
While to buy a futures contract or forward contract means the buyer is anticipating an increase or rise in value or price of the underlying asset (Swiss francs) and we say the seller is holding a long position.
So since the US firm is anticipating a fall in value of Swiss francs, he will sell a futures contract on the Swiss francs
Answer:
The correct option is D,Southern Rock Bank
Explanation:
A drawer is the person who has issued a check and from whose account funds are to be withdrawn.The drawer in this scenario is Cameron and Associates
A drawee is the bank that manages the account from which funds are to be withdrawn.The Southern Rock Bank is the drawee here.
The payee is the beneficiary of the issued check that has the right to present for cash or pays it into its checking account.The payee in the scenario is Office depot
Hence,this relationship can be said to be a tripartite one involving the drawer,the drawee and the payee
Answer: needs are more important than wants ! you need to water to survive but want the new PS5.
Explanation:
Answer:
B. a small percentage decrease in price produces a larger percentage increase in quantity demanded and total revenue increases.
Explanation:
Elasticity of demand measures the responsiveness of quantity demanded to changes in price.
Elasticity of demand = percentage change in quantity demanded / percentage change in price
Demand is elastic if a small percentage decrease in price produces a larger percentage increase in quantity demanded . Total revenue would increase because the percentage increase in Quanitity demanded exceeds the percentage decrease in price.
If demand is elastic, a small percentage increase in price produces a larger percentage decrease in quantity demanded and total revenue increases.
Here, total revenue falls because percentage decrease in price exceeds the percentage increase in price.
Demand is inelastic if a small percentage decrease in price produces a smaller percentage increasein quantity demanded.
Demand is perfectly inelastic if the quantity demanded remains the same regardless of level of price.
I hope my answer helps you