Expansionary policy boosts the economy in the short run but not the long run.
Option A
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Explanation:
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Germany was considered one of the richest countries before World War 1. Their economy was very steady and there is no match for them among countries.
Due to the effect of World War 1 the country was into hyperinflation and all the prices of perishable things and food items has increased at a very fast pace. To balance the inflation they applied Expansionary monetary policy which uses the central bank to print money to stimulate the economy.
The increase in supply of printed money will ease out the lending rates and it will boost the economy.
Answer:
The answer is experiential shopping.
Explanation:
Experiential shopping describes when customers go to retail spaces not to necessarily make purchases but to enjoy experiences offered by the retail spaces. The experiences include live music, art, massages, cafes and lounges, virtual reality e.t.c.
Jane does not necessarily have the intention of making purchases but does experiential shopping on weekends because she finds it interesting and relaxing (which resultantly makes her escape boredom).
Answer: AGREE
Explanation:
A Monopoly faces no competition and are the only sellers of the product they sell. If firms in an industry successfully engage in collusion, the resultant effect will definitely be not unlike a Monopoly because they will set prices as a single firm, control output as a single firm and essentially run the market as a single firm.
They will sell at a rate where the Marginal Revenue curve will be below the demand curve. This will mean a higher price than a competitive market which was probably the main incentive for collusion.
A recent example would be the collusion between BMW, Daimler and Volkswagen, to hinder technological progress in improving the quality of vehicle emissions in order to reduce the cost of production and maximize profits. Thankfully this was busted by the European Commission in 2019.
question text <u>WITH </u>missing information:
After examining the various personal loan rates available to you, you find that you can borrow funds from a finance company at an APR of <em>12 percent compounded monthly</em> or from a bank at an APR of <em>13 percent compounded annually.</em> Which alternative is more attractive?
If you borrow $100 from a finance company at an APR of 9% percent compounded for year, how much do you need to payoff the loan?
Answer:
The finance company option is better as we are taking the loan we want the lower rate possible.
We need $109 to payoff the loan of $100 at 9% annualy after a whole year.
Explanation:
We solve for the effective rate of 12% compounded monthly
= 1.12682503 = 0.126825 = 12.6825%
As this rate is lower than 13% this option is better
If we take 100 dollars after a year we have to pay:
$100 x (1 + r) = 100 x (1 + 0.09) = 100 x 1.09 = $109
The correct answer is to provide numerous facilities based
on the western standards of living. When a continuous developing country wishes
to attract mass tourism, providing different facilities according to western
standards boosts the chances of attracting more tourists, since tourists are
easily attracted by western culture, because of their western setup or living.
