1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
alekssr [168]
3 years ago
8

The Science of Macroeconomics

Business
1 answer:
Yuliya22 [10]3 years ago
3 0

Answer:

Macroeconomics deals with events that affects the entire country or industry as a whole while Microeconomics affects individual members of the economy such as companies and people.

A. Congress recently passed the Tax Cuts and Jobs Act of 2017. MACRO

This Act will affect the entire nation so it will fall under Macroeconomics.

B. Amazon now has a 40% share of all e-commerce revenues. MICRO

Amazon is a single company in the market so things related to it will be considered on a micro economic level.

C. Tuition at the local university increased 11% from last year. MICRO

The local university like Amazon, is a single body in the economy and so they are a microeconomic player.

D. The U.S. unemployment rate fell below 4% in 2018. MACRO

The unemployment rate of a nation relates to the nation as a whole so this will fall under macroeconomics.

You might be interested in
Which of the following financial institutions has a membership requirement?
Dima020 [189]
A credit union often requires that its clients be members who own a share in the company.
5 0
3 years ago
Read 2 more answers
Suppose that the nominal exchange rate is .80 euro per dollar, that the price of a basket of goods in the U.S. is $500 and the p
galben [10]

Answer:

You want to learn about the Ferris–wheel riding habits of people, so you ask those leaving a theme park, “How many times did you ride the Ferris wheel today?”

Is the question a statistical question? Explain why or why not.

Explanation:

7 0
3 years ago
Competitive advantage __________. Question 2 options: information collected from multiple sources, such as suppliers, customers,
Alekssandra [29.7K]

Answer:

is a feature of a product or service on which customer places a greater value than they do on similar offerings from competitors.

Explanation:

Competitive advantage can be defined as conditions, factors or circumstances that allow a business firm (organization) to manufacture finished goods or services better and perhaps cheaper than other (rival) firms in the same industry. Thus, it's responsible for putting a business firm in a superior or more favorable position than rival firms.

This ultimately implies that, a competitive advantage has a significant impact on a business because it increases its level of sales, revenue generation and profit margin when compared to rival firms in the same industry.

In conclusion, competitive advantage is a feature that makes a customer to place a greater value on the product or service of a particular company than they do on similar products or services from its competitors (rivals) in the same industry.

5 0
3 years ago
What are consequences of rapid inflation?
Black_prince [1.1K]

The answers are

Savings accounts become less desirable because interest earned is lower than inflation

Individual purchasing power increases, which results in an increase in demand.

3 0
3 years ago
What do you think would be the implication of these personalities in the interpersonal relationships and task performance of emp
prisoha [69]

Explanation:

In working environment interpersonal relationship plays a paramount role in developing and stimulating

Trust and positive feelings and images among workers. This can be result in higher performance

and satisfaction of employees.

4 0
2 years ago
Other questions:
  • Which of the following is true? Group of answer choices An excise subsidy has only a substitution effect since the subsidy artif
    14·1 answer
  • Since he started at american eyeful pictures, inc., david has worked in japan, china, and thailand. the company has probably set
    9·1 answer
  • Gideon Company uses the allowance method of accounting for uncollectible accounts. On May 3, the Gideon Company wrote off the $2
    7·1 answer
  • San Ruiz Interiors provides design services to residential and commercial clients. The residential services produce a contributi
    12·1 answer
  • The making of the movie Waterworld cost a total of $180 million. It generated a total of $130 million in revenues. $70 million w
    15·1 answer
  • Using the information below for Sundar Company; determine the cost of goods manufactured during the current year:Direct material
    5·1 answer
  • Which of the following is the correct term to
    9·2 answers
  • A tour company is planning a bus trip to a local museum. The company will lease a bus from a local bus owner for $400 and estima
    10·1 answer
  • Assume yourself as a Marketing Specialist of a Company and Determine the New Product Development Process by manufacturing a New
    10·1 answer
  • If a firm is following the cost leadership strategy, and overhead accounts are complex, then the: Firm should attempt to collect
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!