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Mrac [35]
3 years ago
15

Which of the following is NOT a benefit of specialization and trade? Select one: a. Increase in productivity from specialization

of knowledge b. It creates equality throughout society c. It makes people better off when preferences differ d. Increase in productivity from specialization based on comparative advantages
Business
1 answer:
lbvjy [14]3 years ago
3 0

Answer:

b. It creates equality throughout society

Explanation:

Specialisation & Trade refer to tendency of countries to produce goods of their specialisation & trade them with each other , rather than each country producing each good.

It leads to increase in productivity from knowledge specialisation, based on advantage (absolute, comparative) based production. It also makes people better off, increase in welfare due to choice expansion among differing preferences.

However, it is not in anyways connected to equality throughout society.

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Which of the following is NOT a step in the strategic planning process?A) defining the company missionB) setting company objecti
Colt1911 [192]

Answer:

Which of the following is NOT a step in the strategic planning process?

E) evaluating all members of the value chain

Explanation:

Strategic planning is an organization's process of defining its strategy, or direction, and making decisions on allocating its resources to pursue this strategy. It may also extend to control mechanisms for guiding the implementation of the strategy

4 0
3 years ago
You have determined the following data for a given bond: Real risk-free rate (r*) = 3%; inflation premium = 8%; default risk pre
vagabundo [1.1K]

Answer: 16%

Explanation:

Interest rate on long term treasury securities is calculated below using following formula:

Interest rate = Real risk-free rate + inflation premium + default risk premium + liquidity premium + maturity risk premium

= 3% + 8% + 2% + 2% + 1%

= 16%

Interest rate on long term treasury securities is 16%.

4 0
3 years ago
Price level stability necessitates intelligent management or regulation of which of?
Kipish [7]

Price level stability necessitates intelligent management or regulation for money supply and interest rates.

Money supply alludes to how much money or cash coursing in an economy. The money supply is the aggregate sum of money present in an economy at a specific level.

The record of the absolute money supply is kept by the Central Bank of the country.

Interest rates is the sum a bank charges a borrower and is a level of the head - the sum credited. The financial cost on a credit it's regularly noted on a yearly premise known as the Annual Percentage Rate (APR).

To learn more about Money Supply.

brainly.com/question/12225192

To learn more about Interest Rates.

brainly.com/question/14556630

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3 0
1 year ago
Why does the credit card company set the minimum payment so low
Illusion [34]

Answer:

To increase profit from interests by increasing duration of balance repayment.

Explanation:

The purpose of every business is to make profits and the reason why every credit card company includes a minimum payment is not just to make it easier to pay but by only making minimum payments, credit card holders could be kept as customers and paying interests on debt for longer.

Secondly, the more the periods the more likely you'll default on some of them and pay penalty fees which means additional income for the companies

5 0
3 years ago
If the working-age population ________ and the labor force does not change, the ________.
FinnZ [79.3K]
E. Increases; unemployment rate will increase
6 0
3 years ago
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