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kari74 [83]
3 years ago
12

Identify the choice that best completes the statement.

Business
1 answer:
katen-ka-za [31]3 years ago
4 0

Answer:

The correct answer is the option D: Can be useful, even if they are not particulary realistic.

Explanation:

To begin with, the economic models are believed to have been made decades ago by classical economists like Adam Smith and David Ricardo so that explains that nowadays there is a whole different context around the world and the economy of every country and about how those country see and treat they economics objectives so that means that even though that the models created years ago are not quite realistic nowadays and everything falls out when it comes to the real world and the practice, those models can be quite useful in order to understand how some things in the economy works.

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one of the ten principles of economics is that a country's standard of living depends on its ability to produce goods and servic
Ber [7]

The statement is false. According to Ten Principles of Economics the statement is false.

Among the Ten Principles of Economics is that a nation's ability to generate products and services determines its standard of living. Only a country that can create a lot of products and services can have a high level of living. Since American workers are more efficient than Nigerian workers, Americans have a higher standard of living. Because Japanese employees' productivity has increased more quickly than that of Argentine workers, the Japanese have experienced a higher rate of living standard growth. George Mankiw's book Principles of Economics lays out a fundamental set of rules that are economically sound theories that can be verified.

Countries that have had higher output growth per person have typically done so without higher productivity growth.

True

False

Learn more about ten principles of economics here:

brainly.com/question/17195696

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8 0
1 year ago
RKI Instruments borrowed $4,300,000 from a private equity firm for expansion of its facility for manufacturing carbon monoxide m
timofeeve [1]

Answer:

21.51%

Explanation:

RKI instruments borrowed $4,300,000 from a private equity firm to expand its facility.

A year after the loan was repaid with a single payment of $5,225,000

Therefore the interest rate on the loan can be calculated as follows

= 5,225,000-4,300,000/4,300,000 × 100

= 925,000/4,300,000 × 100

= 0.2151 × 100

= 21.51%

Hence the interest rate of the loan is 21.51%

3 0
3 years ago
In the Common Criteria, the common set of functional and assurance requirements for a category of vendor products deployed in a
Daniel [21]

Answer:

protection profiles.

Explanation:

Common Criteria can be defined as an international set of guidelines and specifications which are designed and developed for the evaluation of an information security product, in order to ensure that they meet an agreed-upon and specific security standard for general use by the public. It comprises of two (2) key components: Evaluation assurance level and protection profiles.

In the Common Criteria, the common set of functional and assurance requirements for a category of vendor products deployed in a particular type of environment are known as protection profiles.

5 0
3 years ago
One consequence of the misuse of PHI is disciplinary action up to and including termination of .
Anuta_ua [19.1K]
Sry I don't know the answer
8 0
3 years ago
Read 2 more answers
An electronic products producer synthesizes its abilities in miniaturization, microprocessor design, material science, and ultra
Usimov [2.4K]

Answer:

Core competencies

Explanation:

Competencies can be defined as a combination of various skills which are essential to increase productivity.

Core competencies can be described as the different skills and practices which all employees in an organization are expected to possess irrespective of the various department's they belong to.

Some examples of core competencies include:

- Creativity

- Team work

- Technological awareness

- Leadership

- Good sense of organization.

- Accountability

8 0
3 years ago
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