Answer:
A) we often do not have sufficient resources to achieve our objectives
Explanation:
Scarcity is an economic problem that comes with scarce resources and unlimited wants. In this situation people have to decide on how to allocate resources better so as to satisfy their need, which involves opportunity cost.
Scarcity occurs when resources needs to satisfy ends are limited in supply. It is a foundational problem in economics.
Answer:
The answer is letter B
Explanation:
B. link film producers to other middlemen.
<span> Iron, magnesium ,and chromium.</span>
Option D , The money supply will decrease as banks loan out less money.
Explanation:
Banks are lending their deposits and increasing the economic supply of money. Nevertheless, if the bank holds more money and invests less then the supply of money into the economy rises.
Conversely, the ratio increased, boosted, lowered the cash multiplier, and decreased the supply of money. Expansionary fiscal policy is the decrease in the necessary reserve ratio; contraction monetary policy is the rise in the reserve ratio.
When attempting to control the monetary supply, the Fed has two challenges. Firstly, the Federal does not regulate the amount of cash families want to keep in their accounts as deposits. The second problem seems to be that the banks ' capital is not verified by the Fed. If the banks opt for more excess reserves and deposits, the sum of money will be lower.
Answer:
The correct answer is E.
Explanation:
Giving the following information:
Ordinary annuity with 10 payments of $2,700. The interest rate is 5.5%.
First, we need to calculate the final value using the following formula:
FV= {A*[(1+i)^n-1]}/i
A= annual pay
FV= {2,700*[(1.055^10)-1]}/0.055= $34,763.45
Now, we can calculate the present value:
PV= FV/(1+i)^n
PV= 34,763.45/(1.055^10)= 20,352
